Greater Houston Real Estate

April 2024 Houston Market Conditions

From April 1st to April 30th, 2024

Units Sold:

7,601

Average Sold Price:

$437,896

Average Sold Discount:

4%

Average Price Reduction:

2%

Average DOM:

70

Sold Listings

7,601

3% from 2023

Average

$437,896

4% from 2023

Typical

$265k to $485k

$260k to $468k in 2023

select any:
2024
2023
2022
2021
2020

Homes Sold per Price Range

A visual price spectrum representation

$3kto$43k$43kto$84k$84kto$125k$125kto$166k$166kto$255k$255kto$345k$345kto$434k$434kto$523k$523kto$613k$613kto$702k$702kto$791k$791kto$881k$881kto$970k$970kto$2.3M$2.3Mto$3.6M$3.6Mto$4.9M$4.9Mto$6.3M
20245311252191,3292,1361,3817394833542041367832738151
20233301131841,3782,1651,315712476308167130682733224

Average

$184

3% from 2023

Typical

$142 to $199

$140 to $192 in 2023

select any:
2024
2023
2022
2021
2020

Number of Homes Sold by Sold Price per Square Foot

Breaking down the market by $/SF ranges

$1to$28$28to$55$55to$81$81to$108$108to$133$133to$158$158to$183$183to$207$207to$232$232to$257$257to$282$282to$307$307to$331$331to$518$518to$704$704to$890$890to$1,076
2024313583068701,8211,8151,111531296179114873036584
202313642691,0041,9301,7819824432261259065301449

Avg Days to Sell

70

-1% from 2023

Typical Days to Sell

8 to 104

7 to 111 in 2023

select any:
2024
2023
2022
2021
2020

Days on the Market Distribution

The number of homes sold in each DOM range

to2828to5555to8383to110110to138138to165165to193193to220220to248248to411411to574574to736736to899
20243,5711,13162049545235327718913230252243
20233,4321,016583479422373310219162339184

Avgerage

2%

-24% from 2023

Typical

0% to 3%

0% to 4% in 2023

select any:
2024
2023
2022
2021
2020

Price Reduction Distribution

Shows the number of homes within each price reduction bracket. If you were clothes shopping, this would be like counting how many shirts were on each of the various clearance racks (5%, 10%, etc.)

-48%to-36%-36%to-24%-24%to-12%-12%to0%0%to1%1%to2%2%to3%3%to4%4%to5%5%to7%7%to8%8%to9%9%to10%10%to19%19%to27%27%to36%36%to45%
202434112764,86137239732926922917615511730257137
20231192944,4533053603312502171611651415479585

Average

4%

0% from 2023

Typical

0% to 7%

0% to 7% in 2023

select any:
2024
2023
2022
2021
2020

Discounts Distribution - From Initial List Price

Number of homes sold from each discount rack

-44%to-34%-34%to-24%-24%to-13%-13%to-3%-3%to-1%-1%to1%1%to3%3%to5%5%to7%7%to9%9%to11%11%to13%13%to15%15%to24%24%to33%33%to41%41%to50%
202469223394191,8381,2581,035844575379302170271722610
202333274295621,7801,08891169246237528919542177204

Avgerage

2%

31% from 2023

Typical

0% to 4%

0% to 4% in 2023

select any:
2024
2023
2022
2021
2020

Negotiated Discounts from Final List Price

The percentage difference between final list price and closed price, distributed

-44%to-34%-34%to-24%-24%to-13%-13%to-3%-3%to-2%-2%to0%0%to2%2%to3%3%to5%5%to6%6%to8%8%to9%9%to11%11%to19%19%to27%27%to35%35%to44%
202426153553062,2959451,17784356834921514330551186
202322234114152,3769241,13377948625916312520139154
select any:
2024
2023
2022
2021
2020

Sold Homes by Month Closed

JanuaryFebruaryMarchAprilOctoberNovemberDecember
20244,9496,1176,6557,6015056,0646,032
20234,5905,8437,9167,3615325,9046,503
select any:
2024
2023
2022
2021
2020

Monthly New Listings

JanuaryFebruaryMarchAprilMayJune
20246,2026,2485,8915,6117,31210,957
20236,2025,9636,2395,7297,33211,300
select any:
2024
2023
2022
2021
2020

New Pending Contracts per Month

Tracking the number of homes that go from active to pending, by month

JanuaryFebruaryMarchAprilMayJune
20246,3476,8686,8142,1511,0021,990
20236,5517,0397,2881,9591,0312,035
select any:
2024
2023
2022
2021
2020

Average Days to Sell versus List Price

Modeling the market pace across the price spectrum

$67k$90k$114k$137k$160k$184k$207k$232k$257k$282k$308k$333k$359k$384k$409k$435k$460k$485k$511k$536k$562k$587k$612k$865k$1.3M$1.8M$2.3M$2.8M$3.3M$3.7M
202462786064626266606962707375756366777178776778807263918987134248
202384605654515463566062727773796668868486706488798265927210212198
select any:
2024
2023
2022
2021
2020

Average Days to Sell versus Price per Square Foot

A closer look at how price bracket impacts the market pace

$44.98$57.48$69.99$82.5$95$107.51$120.01$129.52$136.01$142.51$149$155.5$162$168.49$174.99$181.49$187.98$194.48$200.98$207.47$213.97$220.46$226.96$279.35$377.62$475.9$574.18$672.45$770.73$869.01
20241148356548078797181727161616763606766647678717072897877525768
2023444248636061697269676466607168738766707476909272699260107344
select any:
2024
2023
2022
2021
2020

Average Days to Sell versus Home Size

Market momentum as segemented by square footage range

5696827969091,0221,1361,2491,3651,4831,6011,7191,8361,9542,0722,1902,3082,4262,5442,6612,7792,8973,0153,1333,6594,5955,5306,4657,4008,3359,270
2024597487617554586765657169616370787266807770927673688688144297311
202365876651625248655971676972726276737470748578748075876912917870
select any:
2024
2023
2022
2021
2020

Year Built versus Time-to-Sell

Buyer demand trends from the Roaring Twenties to modern marvels

18761893190919261942195819751984198719891992199519972000200220052007201020122015201820202023+
20242621414374666157565246644545446467565853605868137
20231021086164676255525944425251514750535750545959148
select any:
2024
2023
2022
2021
2020

Average Days-to-Sell for Each Month

JanuaryFebruaryMarchAprilOctoberNovemberDecember
202476767770626071
202369757671495264
select any:
2024
2023
2022
2021
2020

Price per Square Foot versus Total Sq Ft

The correlation between total home size and sold price per square foot

5546387238078919751,0591,1671,2971,4281,5591,6891,8201,9512,0812,2122,3432,4732,6042,7352,8652,9963,1263,6594,5955,5306,4657,4008,3359,270
2024$318$190$189$224$212$185$202$188$186$182$179$175$169$173$172$179$169$176$170$176$180$183$175$200$243$288$331$527$444$382
2023$265$350$210$181$197$192$183$194$181$182$174$174$166$172$166$174$165$167$163$163$174$178$189$190$216$277$287$427$169$354

Available Units

9,403

Total Sold

2,148

Average

4%

0% from 2023

Typical Discount

0% to 7%

0% to 7% in 2023

New Construction Homes

All new homes data is limited to homes actually listed on the Houston MLS (thus it does not include most to-be-built sales.)
From April 1st to April 30th, 2024

Units Sold:

2,148

Average Sold Price:

$421,749

Average Sold Discount:

5%

Average Price Reduction:

2%

Average DOM:

97

Sold Listings

2,148

7% from 2023

Average

$421,749

-2% from 2023

Typical

$285k to $449k

$294k to $470k in 2023

select any:
2024
2023
2022
2021
2020

New Homes Sold per Price Range

A visual price spectrum representation

$3kto$57k$57kto$111k$111kto$166k$166kto$220k$220kto$281k$281kto$341k$341kto$402k$402kto$463k$463kto$524k$524kto$584k$584kto$645k$645kto$706k$706kto$767k$767kto$2.1M$2.1Mto$3.5M$3.5Mto$4.9M$4.9Mto$6.3M
2024112081401558365233122102715431921042
20231583495103532071341129662318392

Average

$182

1% from 2023

Typical

$151 to $196

$152 to $192 in 2023

select any:
2024
2023
2022
2021
2020

Number of New Homes Sold by Sold Price per Square Foot

Breaking down the market by $/SF ranges

$1to$33$33to$65$65to$96$96to$128$128to$142$142to$157$157to$171$171to$186$186to$200$200to$214$214to$229$229to$243$243to$258$258to$423$423to$589$589to$754$754to$920
202413103229318378374268188954927851472
202365211349385354267126714533791721

Avg Days to Sell

97

-13% from 2023

Typical Days to Sell

17 to 149

28 to 175 in 2023

select any:
2024
2023
2022
2021
2020

Days on the Market Distribution - New Homes

The number of homes sold in each DOM range

to3333to6767to100100to133133to166166to200200to233233to266266to299299to449449to599599to749749to899
20248083312071941591398968457323111
2023579314188199168161108116699942

Avgerage

2%

-49% from 2023

Typical

0% to 4%

0% to 7% in 2023

select any:
2024
2023
2022
2021
2020

Price Reduction Distribution

Shows the number of homes within each price reduction bracket. If you were clothes shopping, this would be like counting how many shirts were on each of the various clearance racks (5%, 10%, etc.)

-48%to-37%-37%to-25%-25%to-13%-13%to-1%-1%to0%0%to1%1%to3%3%to4%4%to5%5%to7%7%to8%8%to9%9%to10%10%to15%15%to20%20%to25%25%to30%
20241141021,16683146120130100777136812151
202341227848011211411810496945819696234

Average

5%

-16% from 2023

Typical

1% to 8%

0% to 11% in 2023

select any:
2024
2023
2022
2021
2020

Discounts Distribution - From Initial List Price

Number of homes sold from each discount rack

-35%to-27%-27%to-18%-18%to-10%-10%to-1%-1%to1%1%to3%3%to4%4%to6%6%to8%8%to10%10%to11%11%to13%13%to15%15%to22%22%to29%29%to36%36%to44%
20242169944325124724624417414711265921213
202311213840318720618814914212611584217431

Avgerage

3%

42% from 2023

Typical

0% to 5%

0% to 4% in 2023

select any:
2024
2023
2022
2021
2020

Negotiated Discounts from Final Builder List Price

The percentage difference between final list price and closed price, distributed

-20%to-15%-15%to-10%-10%to-5%-5%to0%0%to1%1%to2%2%to4%4%to5%5%to6%6%to8%8%to9%9%to10%10%to12%12%to20%20%to28%28%to36%36%to44%
20241141027772962281861491266865379693
2023121010880231724418511864364131441
select any:
2024
2023
2022
2021
2020

New Homes Sold Homes by Month Closed

JanuaryFebruaryMarchAprilOctoberNovemberDecember
20241,5332,0731,9932,1482222,1842,208
20231,3581,8982,3412,0071761,7042,250
select any:
2024
2023
2022
2021
2020

Monthly New Listings

JanuaryFebruaryMarchAprilMayJune
20241,9251,6961,7912,1762,9463,480
20231,8081,5761,7232,3662,9723,752
select any:
2024
2023
2022
2021
2020

New Pending Contracts per Month

Tracking the number of homes that go from active to pending, by month

JanuaryFebruaryMarchAprilMayJune
20242,0772,1981,8097435891,037
20232,1162,1221,8257236201,074
select any:
2024
2023
2022
2021
2020

Average Days to Sell versus List Price

Modeling the market pace across the price spectrum

$125k$145k$165k$185k$205k$225k$245k$264k$284k$303k$322k$342k$361k$380k$399k$419k$438k$457k$476k$496k$515k$534k$554k$808k$1.3M$1.8M$2.3M$2.8M$3.3M$3.7M
2024142150125143806995777088889410411488941011031121269111612011698188199723679
2023729094826068809288991131181281121071241311011431271101081181431221995518210036
select any:
2024
2023
2022
2021
2020

Average Days to Sell versus Price per Square Foot

A closer look at how price bracket impacts the market pace

$88.07$96.37$104.66$112.96$121.26$129.56$137.86$144.33$148.98$153.63$158.27$162.92$167.57$172.22$176.87$181.52$186.17$190.81$195.46$200.11$204.76$209.41$214.06$264.84$361.75$458.67$555.58$652.49
20242417871152123126125106100918081849885767894868510410111910817896173101
2023682441138912799122110991009511411210910512612910111410410512711012111912912610918862
select any:
2024
2023
2022
2021
2020

Average Days to Sell versus Home Size

Market momentum as segemented by square footage range

6898089261,0441,1631,2811,4001,5051,5981,6911,7841,8771,9702,0642,1572,2502,3432,4362,5292,6222,7152,8082,9013,3164,0534,7895,5266,2637,0007,737
202481236461039258776692961008882891028610310997130118110921201121221414515196
202338645613773588982117106971041119010812012111311910015415313514413314625162338
select any:
2024
2023
2022
2021
2020

Average Days-to-Sell for Each Month

JanuaryFebruaryMarchAprilOctoberNovemberDecember
2024969310297717895
20239299107112667588
select any:
2024
2023
2022
2021
2020

Price per Square Foot versus Total Sq Ft

The correlation between total home size and sold price per square foot

6797768739711,0681,1651,2621,3621,4641,5671,6691,7711,8731,9762,0782,1802,2832,3852,4872,5892,6922,7942,8963,3164,0534,7895,5266,2637,0007,737
2024$234$152$173$156$207$165$194$185$181$182$177$183$172$171$172$168$167$165$189$168$163$161$179$195$214$291$353$611$648$583
2023$269$185$170$184$181$189$189$184$178$187$174$174$165$165$173$172$183$168$160$163$182$187$191$214$346$381$527$764

Available Units

9,403

Total Sold

2,148

Average

5%

-16% from 2023

Typical Discount

1% to 8%

0% to 11% in 2023

Available Units

9,403

Total Sold

2,148

About Our Data

All analysis, rankings, ratings, and throughout this site are generated by us here at Icon Real Estate. All raw data comes from the Houston Association of Realtors (HAR, HRIS) – but you're not viewing raw data. We track, categorize, analyze, and rank everything from zip codes to school zones based on geographic (boundary) data that is either (a) provided by local jurisdictions, (b) purchased from third-party sources, or (c) hand-drawn by our team.

Builder statistics rely heavily on our local knowledge and familiarity with the marketing (listing) practices of major local builders. It's not an exact science, but we're pretty accurate in assigning listings to the correct builder. We leverage a bit of AI in that process as well.

It's all good stuff, and we're pretty confident you'll find it useful. But just FYI - no warranties or guarantees. Let us know if you're looking for something you don't see here.