Inventory reached record-breaking levels in Houston last month, according to the June 2025 Housing Market Update from the Houston Association of REALTORS®.

The number of single-family homes on the market increased 31.8% year over year, with 38,713 available properties for sale — the highest amount the association has ever recorded.

Meanwhile, the average home price increased 4.4% year over year to $450,235 — another all-time high.

That was due mostly to a 40% year-over-year increase in home sales in the $1 million-plus price range.

However, the median home price — which remained steady at $346,651 — is a more accurate gauge of market conditions, said HAR Chair Shae Cottar.

“The fact that the median price was virtually unchanged indicates that prices are holding steady overall,” Cottar said in a press release. “With inventory at record highs and buyer demand on the rise, Houston’s housing market is showing healthy signs of balance.”

Closed home sales increased 12.5% annually, with 8,588 sales, up from 7,637 during June 2024. Pending sales also increased 10.1%, with 8,541 homes going under contract, up from 7,757 a year prior.

“While the U.S. housing market has struggled to return to pre-pandemic levels, Houston’s housing sales have trended normal for the past two years, driven by a strong local economy,” added HAR Chief Economist Ted Jones.