The median existing-home price was also on the upswing last month, providing homeowners a bit of refuge as the stock market undergoes a correction, Chief Economist Lawrence Yun said in the monthly report. 

The Bayou City is a perfect match for homeowners looking to downsize in their golden years, according to research from Mirador Living.

The pace of new-home construction was higher than economists expected, even as homebuilders expressed concern about the impact of tariffs and supply-side challenges. 

Active listings hit the highest level since 2011, with 31,112 homes on the market in February. That’s a 26.7% year-over-year jump.

The two most expensive homes sold in greater Houston last month are located in Piney Point Village.

New listings in Houston rose 25.8%, surpassing year-ago levels, during the week ended March 10.

While Texas home sales remained steady year over year, buyers enjoyed more options in 2024, according to the Texas Real Estate Year in Review report from Texas REALTORS®.  The report showed that home sales inched up in 14 Texas

If you have a would-be seller close to getting ready to put their home on the market, now’s the time to prepare. 

As spring approaches, the number of new property listings continues to surpass those of 2024, according to the Weekly Activity Snapshot from the Houston Association of REALTORS®.

Realtors added 13,366 properties to the MLS during the month, a 10.4% increase year over year.

Falling consumer sentiment suggests potential homebuyers are wary of the short-term economic outlook and future inflation, CoreLogic Chief Economist Selma Hepp said. 

Furthermore, 13% of homeowners said they’d take their home off the market if they learned their ex was considering buying it.

Please note the tie for the sixth-most expensive listings.

New listings rose 8.7% year over year during the week ended Feb. 24, according to the Weekly Activity Snapshot from the Houston Association of REALTORS®.

At the same time, the median sales price for a new home hit its highest level since 2022, according to the U.S. Census Bureau and the U.S. Department of Housing and Urban Development.   

New-home sales declined in all four of Texas’s major metropolitan areas, with the greatest decreases seen in Houston and Dallas-Fort Worth.