The Houston housing market showed signs of “continued stability” in April, the Houston Association of REALTORS® said in its latest Housing Market Update.

via HAR

Single-family home sales declined 1.1% year over year in April, the association’s report showed, with 7,856 home sales. Meanwhile, both the average home price and the median home price were statistically flat at $437,407 and $339,990, respectively.

Active listings jumped 30.3% year over year, with 54,978 homes on the market in April. Given the rate of sales, that amounted to a 4.9-month inventory. A year ago, Houston had a 3.6-month housing supply, meaning options have grown significantly for buyers.

“While national housing market trends may be showing signs of increased volatility due to economic uncertainty, the Houston area remains on solid footing,” said HAR Chair Shae Cottar. “The consistent pricing and growth in inventory offer a balanced perspective. For buyers, this typically means less competition and more opportunities to find a home that meets their specific needs and budget. For sellers, it emphasizes the importance of competitive pricing and effective marketing to stand out.”

Houston townhome and condominium sales decreased 15.2% year over year, with 451 units sold. The average price decreased 4% to $267,507, and the median fell 6.5% to $215,000. The city has a 7.4-month supply of townhomes and condos.