Greater Houston Real Estate

Quarterly Market Statistics - 2024 Q3

From July 1st to September 30th, 2024

Units Sold:

21,207

Average Sold Price:

$428,925

Average Sold Discount:

5%

Average Price Reduction:

2%

Average DOM:

67

Sold Listings

21,207

-6% from 2023

Average

$428,925

2% from 2023

Typical

$265k to $475k

$262k to $469k in 2023

select any:
2024
2023
2022
2021
2020

Homes Sold per Price Range

A visual price spectrum representation

$2kto$44k$44kto$86k$86kto$128k$128kto$170k$170kto$253k$253kto$336k$336kto$420k$420kto$503k$503kto$586k$586kto$669k$669kto$752k$752kto$836k$836kto$919k$919kto$4.4M$4.4Mto$8.0M$8.0Mto$11.5M$11.5Mto$15.0M
2024151503395273,3705,8763,9912,3321,3508936343962731,0421621
2023121413587293,6826,2214,1282,4741,3979636803682851,0231612

Average

$180

0% from 2023

Typical

$142 to $195

$142 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$131$131to$152$152to$174$174to$196$196to$218$218to$240$240to$262$262to$284$284to$306$306to$842$842to$1,378$1,378to$1,915$1,915to$2,451
20248322128072,2064,3074,8143,6401,9599435703582521,047921
20234292088902,3754,5445,3843,6851,8821,0495613612401,21881

Avg Days to Sell

67

22% from 2023

Typical Days to Sell

11 to 88

7 to 66 in 2023

select any:
2024
2023
2022
2021
2020

Days on the Market Distribution

The number of homes sold in each DOM range

to2727to5454to8181to108108to134134to161161to188188to215215to242242to492492to743743to993993to1,243
20249,0813,8082,4741,6801,162791487363295924119212
202311,8353,9072,1501,3018285123493092389925152

Avgerage

2%

13% 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.)

-43%to-32%-32%to-21%-21%to-11%-11%to0%0%to1%1%to2%2%to4%4%to5%5%to6%6%to7%7%to9%9%to10%10%to11%11%to20%20%to30%30%to39%39%to48%
2024732263012,8661,3371,4331,0828646565013873069091201811
2023551898814,1771,2241,3031,0738466145424022977851203211

Average

5%

28% from 2023

Typical

0% to 8%

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

-45%to-34%-34%to-24%-24%to-13%-13%to-2%-2%to0%0%to2%2%to4%4%to6%6%to9%9%to11%11%to13%13%to15%15%to17%17%to25%25%to34%34%to42%42%to50%
20241218419854,3442,9003,5442,7132,0551,3591,0136464487821945031
2023916721,7225,6603,2413,5412,6311,8281,1598215293545731786528

Avgerage

3%

44% 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

-43%to-33%-33%to-22%-22%to-12%-12%to-2%-2%to-1%-1%to1%1%to2%2%to4%4%to6%6%to7%7%to9%9%to10%10%to12%12%to21%21%to31%31%to40%40%to50%
2024913419971,0606,5903,6773,0811,8391,1977485293548531573913
2023413651,6171,5347,4903,9682,9941,7921,06563237125052699379
select any:
2024
2023
2022
2021
2020

Sold Homes by Month Closed

AprilMayJuneJulyAugustSeptember
20247,6018,4477,5577,5097,0356,663
20237,3618,7218,8177,6028,0006,879
select any:
2024
2023
2022
2021
2020

Monthly New Listings

MarchAprilMayJuneJulyAugustSeptember
20249,00511,19511,22911,45710,23312,52512,466
20239,83710,94611,90213,60012,88312,40912,177
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

MarchAprilMayJuneJulyAugustSeptember
20247,1248,7117,8937,7956,6947,0035,949
20237,8178,8058,7098,75311,4497,7245,838
select any:
2024
2023
2022
2021
2020

Average Days to Sell versus List Price

Modeling the market pace across the price spectrum

$64k$88k$112k$136k$160k$184k$208k$232k$256k$279k$303k$327k$351k$374k$398k$422k$446k$469k$493k$517k$541k$564k$588k$843k$1.3M$1.8M$2.3M$2.8M$3.3M$3.8M
20245661717465686958686268676871696364706562676871666998909979183
202350554151404548454246515455606157656055655561636167959812997108
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

$44.33$56.89$69.45$82$94.56$107.11$119.67$128.98$135.04$141.11$147.17$153.23$159.3$165.36$171.43$177.49$183.56$189.62$195.68$201.75$207.81$213.88$219.94$276.09$382.32$488.56$594.79$701.03$807.26$913.49
202422597176707476717166635964606365626463726567556985941149375158
2023899551445352505247515151514950535651625760626162787578969269
select any:
2024
2023
2022
2021
2020

Average Days to Sell versus Home Size

Market momentum as segemented by square footage range

5636817999171,0351,1531,2711,3881,5031,6191,7341,8501,9652,0812,1962,3122,4272,5432,6582,7732,8893,0043,1203,6254,5205,4146,3097,2038,0988,993
20249296757871676071597563656364596260677368636970697290119127184183
2023445657454652484747525154545749595059615553685558658472135110236
select any:
2024
2023
2022
2021
2020

Year Built versus Time-to-Sell

Buyer demand trends from the Roaring Twenties to modern marvels

18691887190419221940195719751985198819901993199619982001200320062008201120132016201920212024
202438204926668685760454748524752526052556057599285
202329966581584942394138313537383738413837394648164
select any:
2024
2023
2022
2021
2020

Average Days-to-Sell for Each Month

AprilMayJuneJulyAugustSeptember
2024706664646671
2023716258545457
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

5496397298199099991,0891,1981,3261,4531,5811,7091,8371,9642,0922,2202,3472,4752,6032,7312,8582,9863,1143,6254,5205,4146,3097,2038,0988,993
2024$256$221$205$186$187$184$196$180$182$179$174$174$172$170$171$172$166$168$167$164$172$178$186$195$230$253$303$355$399$463
2023$283$224$185$228$209$187$187$188$185$185$180$174$170$172$171$169$170$170$167$169$169$176$172$185$220$270$275$423$404$574

Available Units

10,723

Total Sold

6,070

Average

5%

28% from 2023

Typical Discount

0% to 8%

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 July 1st to September 30th, 2024

Units Sold:

6,070

Average Sold Price:

$400,570

Average Sold Discount:

6%

Average Price Reduction:

2%

Average DOM:

88

Sold Listings

6,070

9% from 2023

Average

$400,570

-6% from 2023

Typical

$285k to $439k

$294k to $453k in 2023

select any:
2024
2023
2022
2021
2020

New Homes Sold per Price Range

A visual price spectrum representation

$90kto$123k$123kto$155k$155kto$188k$188kto$221k$221kto$276k$276kto$332k$332kto$387k$387kto$443k$443kto$498k$498kto$554k$554kto$609k$609kto$665k$665kto$720k$720kto$2.3M$2.3Mto$3.8M$3.8Mto$5.4M$5.4Mto$7.0M
2024411712181,0091,4441,127708459298170145102289132
202316471518011,3321,021716417300179145115289187

Average

$178

-3% from 2023

Typical

$151 to $193

$155 to $195 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

$66to$82$82to$97$97to$112$112to$127$127to$141$141to$154$154to$167$167to$180$180to$193$193to$207$207to$220$220to$233$233to$246$246to$425$425to$605$605to$784$784to$963
2024136302545808649661,019841584335168962742162
2023271373967691,00298676650332519311329537112

Avg Days to Sell

88

-4% from 2023

Typical Days to Sell

17 to 121

17 to 123 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

to3232to6363to9595to127127to159159to190190to222222to254254to286286to455455to624624to794794to963
20242,1961,06576563140626517316210323237296
20232,0091,0417154682981861631401233554682

Avgerage

2%

0% from 2023

Typical

0% to 4%

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.)

-33%to-25%-25%to-17%-17%to-9%-9%to-1%-1%to1%1%to2%2%to3%3%to5%5%to6%6%to8%8%to9%9%to10%10%to12%12%to16%16%to20%20%to24%24%to29%
20242102913,10736249544631926020914910720776164
20232124922,628328408361313250214145129168642012

Average

6%

46% from 2023

Typical

1% to 10%

1% 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

-43%to-32%-32%to-22%-22%to-11%-11%to0%0%to2%2%to4%4%to6%6%to8%8%to9%9%to11%11%to13%13%to15%15%to17%17%to24%24%to30%30%to36%36%to42%
202433122851,3447617307426524773562381542335983
202345175191,637796710578415310233121751052042

Avgerage

4%

110% from 2023

Typical

0% to 6%

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

-43%to-32%-32%to-22%-22%to-11%-11%to-1%-1%to1%1%to3%3%to4%4%to6%6%to8%8%to10%10%to11%11%to13%13%to15%15%to20%20%to25%25%to31%31%to36%
202425112862,27888072146637028520314511419184227
202313134182,5301,02765538623911266522025312
select any:
2024
2023
2022
2021
2020

New Homes Sold Homes by Month Closed

AprilMayJuneJulyAugustSeptember
20242,1482,3562,2252,0471,9682,055
20232,0072,2302,1861,7741,8621,919
select any:
2024
2023
2022
2021
2020

Monthly New Listings

MarchAprilMayJuneJulyAugustSeptember
20242,7313,1273,1472,8162,8663,7773,413
20232,7183,0643,2123,1093,1653,6763,415
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

MarchAprilMayJuneJulyAugustSeptember
20242,2282,5162,3142,1041,9872,2732,139
20232,3542,4022,2442,3632,6792,1342,010
select any:
2024
2023
2022
2021
2020

Average Days to Sell versus List Price

Modeling the market pace across the price spectrum

$111k$133k$156k$178k$200k$223k$245k$265k$282k$299k$316k$333k$350k$368k$385k$402k$419k$436k$453k$471k$488k$505k$522k$753k$1.2M$1.6M$2.1M$2.5M$3.0M$3.4M
202416242414319695719398688377838591928979878390718691991262052501557836
20231437090125687261616877858793961069789107113891021009011413119415919328912
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

$72.44$83.32$94.21$105.09$115.98$126.86$137.75$145.35$149.66$153.98$158.3$162.61$166.93$171.25$175.56$179.88$184.2$188.52$192.83$197.15$201.47$205.78$210.1$266.14$373.91$481.67$589.43$697.2$912.73
20241912007517711210594897282888983887774817682839482989120420938214025
2023168146519297898384968889897989918973100838410092102132184156274287108
select any:
2024
2023
2022
2021
2020

Average Days to Sell versus Home Size

Market momentum as segemented by square footage range

7038209361,0531,1701,2861,4031,5031,5881,6731,7581,8421,9272,0122,0972,1812,2662,3512,4362,5202,6052,6902,7753,2854,2205,1556,0907,0258,895
20241781611787871618274108888386778878897992778010286821001291251377267
2023474445788146906194809078978387939982941118598129115140141150101324228
select any:
2024
2023
2022
2021
2020

Average Days-to-Sell for Each Month

AprilMayJuneJulyAugustSeptember
2024979393898790
2023112102101999384
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

6967989001,0021,1041,2061,3081,4051,4961,5871,6781,7691,8601,9512,0422,1342,2252,3162,4072,4982,5892,6802,7713,2854,2205,1556,0907,0258,895
2024$214$197$185$177$210$177$181$183$177$183$181$180$174$170$168$172$170$165$163$178$165$160$159$187$224$326$265$413$754
2023$217$380$182$169$188$183$184$185$195$184$180$188$176$179$171$168$169$171$181$172$166$166$173$189$252$310$394$466$565$1,320

Available Units

10,723

Total Sold

6,070

Average

6%

46% from 2023

Typical Discount

1% to 10%

1% to 7% in 2023

Available Units

10,723

Total Sold

6,070

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.