New, pending and closed listings all rose during the week ended Nov. 13, according to the latest Weekly Activity Snapshot from the Houston Association of REALTORS® (HAR).
New listings saw the largest year-over-year jump, as Realtors entered 2,700 properties into the MLS. That’s a 13.8% increase from last year, when 2,373 new listings were entered.
Pending listings increased by 2.3%. Just over 1,700 properties went under contract during the week, a surplus of about 40 pending listings year over year.
Closings rose from 2022 levels for the second straight week, following double-digit weeks of year-over-year declines. Home sales increased by 4%, with 1,239 properties closed during the week.
Consumer interest also remained high, with listing views on HAR.com increasing by 10.5% annually. Traffic at showings also increased by 3.1%.