The pace of Houston home sales rose 4.6% year over year to 8,777 in May, according to the latest RE/MAX National Housing Report. Month over month, sales surged 14.7%. 

Nationally, home sales in the 51 metro areas surveyed by RE/MAX slid 3.5% year over year in May but gained 8.6% month over month. 

The median-sales price rose for the 23rd month in a row, climbing 0.6% year over year and 1% month over month to $442,000. 

The average close-to-list-price ratio was 99%, the same as in April but down from 100% in May 2024. The average days on market for homes sold in May was 39, up five days from May 2024 and down two days from April. 

The number of homes for sale in May rose 34.8% year over year and 8.3% month over month. Months’ supply of inventory inched up to 2.5 months from 2.4 months in April and 1.9 months in May 2024. 

“Rising sales, growing inventory, declines in days on market and steady prices are all encouraging signs for the housing industry,” RE/MAX Holdings CEO Erik Carlson said in a press release. “It’s great to see the spring market end on a solid note, and we’re optimistic that this momentum could carry into an active summer season.”