Current Market Data
Buyers purchased 1,914 homes, up from 1,880 during the same week in 2025.
While global uncertainty, namely surrounding the war in Iran, caused “volatility” in interest rates, affordability actually improved in Houston last month.
Redfin noted that millennials are currently the largest generation, making the rate of boomer homeownership even more outsized in comparison.
In Houston, renters spend a median 22.7% of their income on housing — anything less than 30% is considered affordable — allowing flexibility to save for a down payment.
All 10 of the priciest new listings in Texas are located in the Dallas area, including homes in Westlake, Southlake, Highland Park and Flower Mound.
Realtors added 3,814 properties to the MLS during the week ending March 23, down from 4,022 properties during the same week in 2025.
The 2026 National Housing Supply Summit was held in Washington, D.C., on March 18.
Nationally, home sales in the 51 metro areas surveyed by REMAX declined 3.2% year over year and rose 11.1% month over month.
Pending sales increased from 1,463 in January to 1,556 in February. Pending sales increased statewide as well.
Though the most lucrative week to list varies by city and region, spring is undoubtedly the smartest season to list.
Regionally, pending sales rose in the Midwest, South and West, and declined in the Northeast on a month-over-month basis.
Agents from Martha Turner Sotheby’s International Realty were responsible for six transaction sides on February’s ranking of the 10 most expensive homes sold in greater Houston.
Homeowners are increasingly turning their properties into rentals, and a new report from Zillow says that the trend may not have even peaked yet. According to the report, 2.3% of homes listed for rent on Zillow were recently listed for sale, just below the six-year
Pending sales increased 13% year over year, with 7,894 listings going under contract — signaling strong sales in the coming weeks.
In the Houston metro area, the median declined 0.2% year over year to $334,400. That meant a price-per-square foot of $162.86, down 1.1% from 2024.
Pending and closed listings dropped while new listings stagnated in Houston during the week ending March 2.
