Houston Real Estate Rankings

Top 10 Communities in HoustonHighest Inventory Surplus

In Houston, the past six months have revealed the top 10 communities with the highest months of inventory, spotlighting areas grappling with slower sales. Examining data from this period, we see a mix of varied price points and average days on market, reflecting distinct challenges each community faces in moving listings.
Statistics calculated from from March 13, 2024 to September 09, 2024
1
Spring Branch Central
15.00 Months of Inventory
Spring Branch Central tops the list with 45 active listings and an average days on market of 210 during the period. With an average sale price of $589,475, it's evident this community is struggling to move properties quickly.

Available Homes:

51

Homes Sold:

21

Average Sold Price:

$589k

Average Days to Sell:

210

Average Discount:

2%

2
Houston Galleria
14.45 Months of Inventory
Houston Galleria, known for its vibrant shopping district, has 64 active listings and a months of inventory at 14.45. Homes here averaged $267,843 in sales price, staying on the market for approximately 110 days.

Available Homes:

69

Homes Sold:

31

Average Sold Price:

$268k

Average Days to Sell:

110

Average Discount:

7%

3
Cypress Green
14.21 Months of Inventory
Cypress Green has been facing some challenges with 69 active listings dragging the average days on market to 125. During the period, the average sale price hit $359,600.

Available Homes:

69

Homes Sold:

33

Average Sold Price:

$360k

Average Days to Sell:

125

Average Discount:

4%

4
Woodland Lakes
13.30 Months of Inventory
Woodland Lakes, with its serene settings, has 38 active listings and an average sale price of $259,440. Properties here took around 101 days to sell, leading to a high months of inventory at 13.30.

Available Homes:

46

Homes Sold:

20

Average Sold Price:

$259k

Average Days to Sell:

101

Average Discount:

1%

5
Sherwood Estates
13.16 Months of Inventory
Sherwood Estates, a community with 47 active listings, averaged $450,783 in sales price. Homes took about 78 days to sell, contributing to its months of inventory standing at 13.16.

Available Homes:

60

Homes Sold:

24

Average Sold Price:

$451k

Average Days to Sell:

78

Average Discount:

4%

6
Olde Oaks
12.50 Months of Inventory
Olde Oaks, known for its family-friendly atmosphere, has 50 active listings. With an average sale price of $367,341, homes are on the market for around 71 days, giving it a months of inventory of 12.50.

Available Homes:

56

Homes Sold:

28

Average Sold Price:

$367k

Average Days to Sell:

71

Average Discount:

4%

7
Northside Village
12.41 Months of Inventory
Northside Village, with the highest number of active listings at 117, saw an average sale price of $394,057. Properties stayed on the market for about 69 days, leading to 12.41 months of inventory.

Available Homes:

132

Homes Sold:

65

Average Sold Price:

$394k

Average Days to Sell:

69

Average Discount:

5%

8
Clinton Park
11.67 Months of Inventory
Clinton Park, with 45 active listings, has faced extended market times with an average days on market of 146. The average sale price was $204,757, contributing to its months of inventory at 11.67.

Available Homes:

46

Homes Sold:

27

Average Sold Price:

$205k

Average Days to Sell:

146

Average Discount:

6%

9
Nantucket
11.48 Months of Inventory
Nantucket, a more upscale community with 41 active listings, saw an average sale price of $708,960 and properties staying on the market for 66 days. It has a months of inventory of 11.48.

Available Homes:

42

Homes Sold:

25

Average Sold Price:

$709k

Average Days to Sell:

66

Average Discount:

5%

10
Independence Heights
11.27 Months of Inventory
Independence Heights, a growing neighborhood, had the most active listings at 124. With an average sale price of $372,444 and homes staying on the market for 131 days, the months of inventory stands at 11.27.

Available Homes:

144

Homes Sold:

76

Average Sold Price:

$372k

Average Days to Sell:

131

Average Discount:

4%

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.

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