Greater Houston Real Estate

Quarterly Market Statistics - 2024 Q2

From April 1st to June 30th, 2024

Units Sold:

23,605

Average Sold Price:

$439,359

Average Sold Discount:

4%

Average Price Reduction:

2%

Average DOM:

66

Sold Listings

23,605

-5% from 2023

Average

$439,359

3% from 2023

Typical

$266k to $486k

$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$258k$258kto$347k$347kto$435k$435kto$523k$523kto$612k$612kto$700k$700kto$788k$788kto$877k$877kto$965k$965kto$4.5M$4.5Mto$8.0M$8.0Mto$11.5M$11.5Mto$15.0M
2024151413696504,0596,6294,2762,3961,5259896594352751,173131
2023151574166884,5147,1714,3262,5531,5611,0686154202641,12281

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$133$133to$158$158to$182$182to$207$207to$231$231to$256$256to$280$280to$305$305to$329$329to$632$632to$934$934to$1,237$1,237to$1,539
20245462209082,7405,5575,6593,4981,7778665223422461,1145753
20234412219453,3336,1446,1363,3891,6018164723392421,130366

Avg Days to Sell

66

5% from 2023

Typical Days to Sell

8 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
202411,5023,5482,0941,5501,1239077665403811,042134162
202312,8773,4382,0071,4371,0549358276214991,1504533

Avgerage

2%

-10% 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%to6%6%to8%8%to9%9%to10%10%to19%19%to28%28%to37%37%to47%
20248112698615,0211,1231,2511,0868587025264463369721593314
202346301,10215,7981,0421,1421,1088016805145003951,469209307

Average

4%

12% 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%
20241222681,0751,4065,8183,9423,2122,5061,7571,2347895208822046628
20231010691,7762,0566,3313,8333,1412,1511,5391,1308095551,1182176617

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%
2024716581,0971,0327,0792,9463,6232,6171,6621,0856505399871572711
202378531,6251,5308,0283,1063,7052,5471,553913536382744121265
select any:
2024
2023
2022
2021
2020

Sold Homes by Month Closed

JanuaryFebruaryMarchAprilMayJuneDecember
20244,9496,1176,6547,6018,4477,5576
20234,5905,8437,9167,3618,7218,81723
select any:
2024
2023
2022
2021
2020

Monthly New Listings

JanuaryFebruaryMarchAprilMayJuneDecember
20247,1787,8178,6049,5398,0787,9364,588
20236,9787,1579,0699,2318,3037,8254,627
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

JanuaryFebruaryMarchAprilMayJuneDecember
20246,4197,0868,2138,4646,5762,4213,977
20236,6637,2888,8418,4777,3782,6853,732
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$385k$410k$435k$460k$486k$511k$536k$562k$587k$612k$866k$1.3M$1.8M$2.3M$2.8M$3.3M$3.8M
202479676367666264586761636971696661706870736571756562861029313185
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$82.7$95.27$107.83$120.4$129.87$136.24$142.62$148.99$155.36$161.74$168.11$174.49$180.86$187.23$193.61$199.98$206.35$212.73$219.1$225.47$283.1$391.96$500.83$609.7$718.57$827.44$936.3
202461665064777173737766676260606261616164686771636983737552114154
2023177051615757616659635857575662666662686866717468717577465252
select any:
2024
2023
2022
2021
2020

Average Days to Sell versus Home Size

Market momentum as segemented by square footage range

5626787949101,0261,1421,2581,3751,4931,6101,7281,8461,9642,0812,1992,3172,4352,5522,6702,7882,9063,0233,1413,6674,6015,5356,4697,4038,3379,271
20247877757979575766566667646364597066687167717470666883110138170130
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+
20241966112169696257565245464745425156525045535667150
2023104337065646150445141364141484447464841454853152
select any:
2024
2023
2022
2021
2020

Average Days-to-Sell for Each Month

JanuaryFebruaryMarchAprilMayJuneDecember
202476767770666424
202369757671625863
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

5486367258139019901,0781,1871,3171,4471,5771,7061,8361,9662,0962,2262,3562,4862,6162,7452,8753,0053,1353,6674,6015,5356,4697,4038,3379,271
2024$290$201$213$215$195$179$201$191$185$182$177$178$171$174$175$173$171$175$169$171$178$185$178$198$237$288$346$409$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

10,723

Total Sold

6,729

Average

4%

12% 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:

6,729

Average Sold Price:

$410,971

Average Sold Discount:

5%

Average Price Reduction:

2%

Average DOM:

95

Sold Listings

6,729

5% from 2023

Average

$410,971

-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$282k$282kto$340k$340kto$397k$397kto$455k$455kto$512k$512kto$570k$570kto$627k$627kto$685k$685kto$742k$742kto$2.1M$2.1Mto$3.5M$3.5Mto$4.9M$4.9Mto$6.3M
202411472841,3011,6131,1797604483141871541033012772
2023182231,1301,5091,0787264863242302271323082813

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$143$143to$157$157to$170$170to$184$184to$197$197to$211$211to$224$224to$237$237to$251$251to$438$438to$624$624to$811$811to$997
20241133227819421,1061,109838615379180952913456
2023122615969771,1501,16184746429418198324515

Avg Days to Sell

95

-10% from 2023

Typical Days to Sell

16 to 136

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

to3434to6868to102102to136136to170170to204204to238238to272272to306306to454454to603603to751751to899
20242,6441,04376757942935724419813022666415
20232,0961,0907205184743843202831952963610

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%
20241393244213,4284594364053182451931432953921
20231144393462,689371369371318254263202596159223

Average

5%

-2% 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-21%-21%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%
202433183101,3687888247747525664833151813042724
202328114931,519700698609473417382289207528737

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%to9%9%to10%10%to11%11%to20%20%to28%28%to37%37%to45%
20242483222,322837747629466387264215189304285
20232363662,6819058345683722291449674131101
select any:
2024
2023
2022
2021
2020

New Homes Sold Homes by Month Closed

JanuaryFebruaryMarchAprilMayJuneDecember
20241,5332,0731,9932,1482,3562,2255
20231,3581,8982,3412,0072,2302,18614
select any:
2024
2023
2022
2021
2020

Monthly New Listings

JanuaryFebruaryMarchAprilMayJuneDecember
20242,3462,2462,3942,4602,3342,3391,687
20232,1672,0762,1772,3052,2912,5221,564
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

JanuaryFebruaryMarchAprilMayJuneDecember
20242,1382,3702,4512,3361,6929041,400
20232,2172,3182,4742,1421,6278741,292
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$204k$224k$244k$263k$281k$299k$318k$336k$354k$372k$390k$408k$426k$444k$462k$480k$499k$517k$535k$790k$1.3M$1.8M$2.3M$2.8M$3.3M$3.7M
202415019517214296739786717479989710092871039389981129211611211819420820413256
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

$78.07$87.94$97.8$107.67$117.53$127.4$137.26$144.49$149.1$153.7$158.3$162.91$167.51$172.11$176.72$181.32$185.92$190.53$195.13$199.73$204.34$208.94$213.54$271.19$381.89$492.59$603.29$713.99$824.69$935.39
2024172195166761331101249798948081829686788190789088949810415616117836255205
20231074273449611811110410389101931041031011121029910611296107108107139117144109203
select any:
2024
2023
2022
2021
2020

Average Days to Sell versus Home Size

Market momentum as segemented by square footage range

6888059211,0381,1551,2711,3881,4911,5801,6691,7581,8471,9362,0252,1142,2032,2922,3812,4702,5592,6482,7372,8263,2443,9924,7405,4886,2356,9837,731
20247022313410685518964921078381759210284899610810610798106118110133175227116196
20233364992555885741149687971091008811610012511111912213213013113117512228338
select any:
2024
2023
2022
2021
2020

Average Days-to-Sell for Each Month

JanuaryFebruaryMarchAprilMayJuneDecember
2024969310297939325
2023929910711210210181
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

6797768739711,0681,1651,2621,3601,4571,5551,6521,7491,8471,9442,0422,1392,2372,3342,4322,5292,6262,7242,8213,2443,9924,7405,4886,2356,9837,731
2024$234$179$175$163$210$178$188$186$186$179$178$185$172$174$171$171$167$167$175$177$163$159$169$192$210$283$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

10,723

Total Sold

6,729

Average

5%

-2% from 2023

Typical Discount

1% to 8%

1% to 9% in 2023

Available Units

10,723

Total Sold

6,729

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.