Greater Houston Real Estate

Quarterly Market Statistics - 2024 Q2

From April 1st to June 30th, 2024

Units Sold:

22,876

Average Sold Price:

$440,551

Average Sold Discount:

4%

Average Price Reduction:

2%

Average DOM:

66

Sold Listings

22,876

-8% from 2023

Average

$440,551

4% from 2023

Typical

$266k to $489k

$263k to $475k in 2023

select any:
2024
2023
2022
2021
2020

Homes Sold per Price Range

A visual price spectrum representation

$3kto$44k$44kto$86k$86kto$128k$128kto$170k$170kto$259k$259kto$348k$348kto$437k$437kto$526k$526kto$614k$614kto$703k$703kto$792k$792kto$881k$881kto$970k$970kto$4.5M$4.5Mto$8.0M$8.0Mto$11.5M$11.5Mto$15.0M
2024161333626283,9336,4244,2142,3001,4151,0096084212631,136131
2023151574166814,5317,2074,4082,5141,4861,1005894212471,11881

Average

$184

2% from 2023

Typical

$143 to $199

$141 to $194 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$82$82to$109$109to$134$134to$158$158to$183$183to$208$208to$232$232to$257$257to$281$281to$306$306to$331$331to$613$613to$895$895to$1,176$1,176to$1,458
20246442108822,6755,4595,4423,3671,7168245033322361,0696382
20233422219453,3746,1856,1303,3841,5708074583352431,1104161

Avg Days to Sell

66

5% from 2023

Typical Days to Sell

7 to 91

6 to 88 in 2023

select any:
2024
2023
2022
2021
2020

Days on the Market Distribution

The number of homes sold in each DOM range

to2727to5555to8282to109109to137137to164164to191191to219219to246246to494494to743743to991991to1,239
202411,1573,4402,0221,4961,0898787515253641,007130152
202312,8773,4382,0071,4371,0549358276214991,1504533

Avgerage

2%

-9% from 2023

Typical

0% to 3%

0% to 3% 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.)

-49%to-37%-37%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%to28%28%to37%37%to47%
20247112594414,5761,0871,2091,0528356775054323279431543114
202346301,10215,7981,0461,1421,1138136665135003961,462209307

Average

4%

11% from 2023

Typical

0% to 7%

0% to 6% in 2023

select any:
2024
2023
2022
2021
2020

Discounts Distribution - From Initial List Price

Number of homes sold from each discount rack

-48%to-37%-37%to-26%-26%to-14%-14%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%
20241221681,0371,3465,6313,8153,1202,4421,7041,1907745128452016827
20231010691,7522,0616,2923,8673,1372,1701,5351,1418095561,1182176618

Avgerage

2%

37% from 2023

Typical

0% to 4%

0% to 3% 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

-45%to-35%-35%to-24%-24%to-14%-14%to-3%-3%to-1%-1%to0%0%to2%2%to3%3%to5%5%to6%6%to8%8%to9%9%to11%11%to20%20%to30%30%to40%40%to50%
2024716561,0659766,8582,7923,5762,5121,6401,0616375239541542711
202378521,6061,5218,0223,0293,7492,5721,578909555383745122265
select any:
2024
2023
2022
2021
2020

Sold Homes by Month Closed

AprilMayJune
20247,6018,4096,866
20237,3618,7218,817
select any:
2024
2023
2022
2021
2020

Monthly New Listings

JanuaryFebruaryMarchAprilMayJune
20243,4856,0059,13510,85210,21411,511
20233,4295,4639,74411,06411,19611,840
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
20244491,7307,1078,6356,9934,310
20235161,6677,3338,7258,2044,716
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$161k$185k$208k$233k$258k$283k$309k$334k$359k$384k$410k$435k$460k$486k$511k$536k$562k$587k$612k$866k$1.3M$1.8M$2.3M$2.8M$3.3M$3.8M
202481686365666264586661636970696662716869726671776563841038913185
202372515153464954515257636370676965646968746572767065818211713390
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

$45.01$57.57$70.14$82.71$95.28$107.84$120.41$129.89$136.28$142.68$149.07$155.46$161.86$168.25$174.65$181.04$187.43$193.83$200.22$206.61$213.01$219.4$225.79$283.4$392.22$501.04$609.86$718.68$827.51$936.33
202461655063777274737666676159606261616163696871646984737652114154
2023177051615757616659635857575662666662686866717468717577465252
select any:
2024
2023
2022
2021
2020

Average Days to Sell versus Home Size

Market momentum as segemented by square footage range

5626787949101,0251,1411,2571,3741,4921,6101,7281,8461,9642,0822,2002,3172,4352,5532,6712,7892,9073,0253,1433,6694,6035,5366,4707,4048,3379,271
20247878778079575767566567646363597067677067737472666885111125170130
202366585252524847585261626363655866656867686871636770838412221759
select any:
2024
2023
2022
2021
2020

Year Built versus Time-to-Sell

Buyer demand trends from the Roaring Twenties to modern marvels

18761893190919261942195819751984198719891992199519972000200220052007201020122015201820202023+
20241966112170706357565245464745425156515045525666149
2023104337065646150445141364141484447464841454853152
select any:
2024
2023
2022
2021
2020

Average Days-to-Sell for Each Month

AprilMayJune
2024706663
2023716258
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

5486367258139019901,0781,1871,3171,4471,5771,7071,8371,9672,0972,2272,3572,4872,6172,7472,8773,0073,1373,6694,6035,5366,4707,4048,3379,271
2024$290$183$216$214$195$178$201$191$186$181$177$178$171$175$175$173$171$175$170$172$178$186$179$198$238$287$349$413$413$415
2023$258$257$203$192$198$177$200$191$182$182$177$173$170$172$167$171$168$170$165$167$170$179$181$190$225$271$293$345$298$317

Available Units

9,463

Total Sold

6,432

Average

4%

11% from 2023

Typical Discount

0% to 7%

0% to 6% 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 June 30th, 2024

Units Sold:

6,432

Average Sold Price:

$412,241

Average Sold Discount:

5%

Average Price Reduction:

2%

Average DOM:

94

Sold Listings

6,432

0% from 2023

Average

$412,241

-3% from 2023

Typical

$285k to $444k

$292k to $470k in 2023

select any:
2024
2023
2022
2021
2020

New Homes Sold per Price Range

A visual price spectrum representation

$3kto$58k$58kto$114k$114kto$169k$169kto$225k$225kto$283k$283kto$340k$340kto$398k$398kto$456k$456kto$513k$513kto$571k$571kto$629k$629kto$687k$687kto$744k$744kto$2.1M$2.1Mto$3.5M$3.5Mto$4.9M$4.9Mto$6.3M
202411452721,2471,5711,095738410309178149942862772
2023182231,1311,5371,0597344753232252371213082813

Average

$181

-1% from 2023

Typical

$151 to $196

$154 to $194 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$34$34to$66$66to$98$98to$130$130to$144$144to$157$157to$171$171to$185$185to$198$198to$212$212to$225$225to$239$239to$253$253to$439$439to$625$625to$811$811to$997
20241133077579111,0681,075783590354154862773356
2023122616061,0011,2011,144820456285165106308515

Avg Days to Sell

94

-10% from 2023

Typical Days to Sell

15 to 137

22 to 163 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

to3434to6868to102102to136136to169169to203203to237237to271271to305305to454454to602602to751751to899
20242,53199373255141434723019211721962395
20232,0961,0907205184743843202831932983610

Avgerage

2%

-37% from 2023

Typical

0% to 4%

0% to 6% 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%to6%6%to8%8%to9%9%to10%10%to17%17%to24%24%to31%31%to37%
20241393094093,2884414073843022291851362833621
20231144433452,697366376368315255261202590159223

Average

5%

-1% from 2023

Typical

1% to 8%

1% to 9% in 2023

select any:
2024
2023
2022
2021
2020

Discounts Distribution - From Initial List Price

Number of homes sold from each discount rack

-40%to-30%-30%to-20%-20%to-11%-11%to-1%-1%to1%1%to3%3%to4%4%to6%6%to8%8%to9%9%to11%11%to13%13%to14%14%to22%22%to30%30%to38%38%to45%
202433182971,3137457887367285444572961732912724
202328114951,520703697605475416385286208526727

Avgerage

3%

55% from 2023

Typical

0% to 5%

0% to 3% 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

-40%to-30%-30%to-20%-20%to-11%-11%to-1%-1%to1%1%to2%2%to3%3%to5%5%to6%6%to7%7%to8%8%to10%10%to11%11%to20%20%to28%28%to37%37%to45%
20242483072,222790713600445378241212188287305
20232363692,68290182956437323214310073134101
select any:
2024
2023
2022
2021
2020

New Homes Sold Homes by Month Closed

AprilMayJune
20242,1482,3261,958
20232,0072,2302,186
select any:
2024
2023
2022
2021
2020

Monthly New Listings

JanuaryFebruaryMarchAprilMayJune
20241,5442,0942,6903,1113,0723,087
20231,4992,0252,5543,0083,1033,158
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
20243579422,2102,4691,9781,559
20234158962,2072,3312,0531,543
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$282k$300k$318k$337k$355k$373k$391k$409k$427k$445k$463k$482k$500k$518k$536k$791k$1.3M$1.8M$2.3M$2.8M$3.3M$3.7M
202415018317413497749283717779959910097821019392981129910911211919820820413256
202319113095104676570768892101108116113113100110107991121281141291311541681151706028
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

$78.08$87.94$97.81$107.68$117.54$127.41$137.28$144.52$149.13$153.74$158.35$162.96$167.57$172.18$176.79$181.4$186.02$190.63$195.24$199.85$204.46$209.07$213.68$271.33$382.01$492.68$603.36$714.04$824.72$935.4
2024172195166761381101219599927880829683808091798693969710515916617836255205
20231074273449611811110410389101931041031011121029910611296107108107139117144109203
select any:
2024
2023
2022
2021
2020

Average Days to Sell versus Home Size

Market momentum as segemented by square footage range

6888059221,0391,1561,2731,3901,4931,5821,6701,7591,8481,9372,0252,1142,2032,2912,3802,4692,5582,6462,7352,8243,2423,9904,7385,4876,2356,9837,731
20247022313910783518964941028380759210284929510810510697105120110135175227116196
20233364992555885741149687971091008811610012511111912213213013113117512228338
select any:
2024
2023
2022
2021
2020

Average Days-to-Sell for Each Month

AprilMayJune
2024979393
2023112102101
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

6797768739711,0681,1651,2621,3601,4571,5541,6521,7491,8461,9442,0412,1382,2352,3332,4302,5272,6252,7222,8193,2423,9904,7385,4876,2356,9837,731
2024$234$179$176$163$210$177$189$186$185$179$178$184$172$174$171$171$167$168$176$178$164$159$169$193$210$287$415$404$542$583
2023$309$367$185$177$188$193$182$194$180$185$182$176$179$171$167$172$168$175$176$171$161$176$185$190$235$339$338$501$764

Available Units

9,463

Total Sold

6,432

Average

5%

-1% from 2023

Typical Discount

1% to 8%

1% to 9% in 2023

Available Units

9,463

Total Sold

6,432

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.