Current Market Data
Realtors entered 1,902 properties into the MLS. During the same week in 2023, when Thanksgiving had already passed, 2,523 properties were added to the market.
Houston is the 65th-priciest rental market in the country, according to Zumper’s November National Rent Report.
Home prices are on the rise in Houston: The average listing price increased 4.3% to $435,280 in November.
A $20 million estate in Westlake tops the list of the 10 most expensive new listings in Texas.
Despite the new record in September, the rate of increase continues to slow.
Activity in Houston’s single-family rental market increased in October, according to a report from the Houston Association of REALTORS®.
Both new and pending listings rose in Houston during the week ended Nov. 18, according to the latest Weekly Activity Snapshot from the Houston Association of REALTORS®.
The new findings come from real estate tech strategist Mike DelPrete.
The increase follows two months of declines, the National Association of REALTORS® said.
Over 60,000 Gen Zers moved to Houston in 2023, while 38,101 moved out. That’s a net gain of 22,868, up from 15,269 in 2022.
Multifamily construction, meanwhile, rose on a monthly basis.
Although mortgage rates increased, both home sales and housing inventory rose in Houston in October.
Agents from COMPASS, Greenwood King Properties and Nan and Company Properties were responsible for listing and selling the top three most expensive homes in greater Houston last month.
Houston households only needed to make an annual salary of $98,400 to afford monthly mortgage payments on the median-priced home.
Buyers had been sitting on the sidelines awaiting the election’s outcome, as well as drops in mortgage rates, but they are back and looking to buy.
Homeowners and buyers will prioritize nostalgic, old-world design sensibilities juxtaposed with modern sustainability technologies next year, according to Zillow.
