Active inventory expanded as well, with a total of 32,866 properties on the market — the highest quantity since June 2011.

Pending sales decreased 2.5%, however, with 2,433 homes going under contract during the week.

A majority of millennial home buyers would choose a smaller home if it offered better amenities, according to a new report from National Association of Home Builders.

“Each interaction indicates buyer interest in that home, and listings with higher engagement levels tend to sell faster and at or above the list price,” Zillow Senior Economist Kara Ng explained.

Pending listings also increased annually, with 2,449 homes going under contract, a 3.4% year-over-year bump.

The average listing price increased 3.9% year over year to $444,899 in Houston last month, according to the March edition of the FRESH Report from the Houston Association of REALTORS®.

“In a plot twist, baby boomers have overtaken millennials — the largest U.S. population — to become the top generation of homebuyers,” said Jessica Lautz, NAR’s deputy chief economist and vice president of research.

The annual report surveyed agents in the Better Homes and Gardens Real Estate network to find out how they’re helping clients get their homes ready to list. 

Meanwhile, purchase applications showed their strongest increase in almost two months, rising 7% year over year.

These are the new Texas listings with the highest price tags. All properties were listed in the last month.

New listings saw the largest annual jump, with 4,117 properties added to the MLS. That’s a 29.6% increase year over year.

The National Association of REALTORS’® Pending Home Sales Index rose 2% month over month in February, topping an expected 0.9% gain. 

Young homeowners are the most likely to regret their home purchases: 94% of Gen Z and 86% of Millennial sellers acknowledged buying mistakes, compared to 48% of baby boomers.

In Houston, there were 2,029 new-home sales in February, up from 1,827 a year prior. However, there were 2,046 sales in January — slightly higher than last month.

Traditional charm, modern simplicity and an intentional combination of the two are on-trend for 2025 based on the big winners of the just-released 2024 Best in American Living Awards.

Nationally, home sales were down 2.6% year over year and up 8.4% month over month, RE/MAX said.