Current Market Data
Point2Homes analyzed listings in every U.S. state and Washington, D.C. to determine the most expensive home for sale in each.
Regionally, pending sales were down across the board on both a monthly and an annual basis, the National Association of REALTORS® said.
Realtors entered 2,868 properties into the Multiple Listing Service, a 4.7% increase year over year. New listings declined during the two weeks prior.
Among the top upgrades: large showers.
The value of Houston real estate increased over the last year, placing the metro among the top 20 most valuable housing markets in the nation.
Houston’s new-home market is “finding its footing,” according to the New Home Sales Report from HomesUSA CEO Ben Caballero.
Following trends seen throughout the summer, both traffic at showings and listing views on HAR.com increased annually.
Total housing inventory at the end of August was 1.11 million units, up 3.7% from July but down 14.6% on a year-over-year basis, the National Association of REALTORS® said.
The average lease price also rose 1.5% to $2,344, the second-highest monthly rent for a single-family home ever recorded in Houston.
Canceled home-sales contracts hit their highest rate in almost a year as skittish homebuyers blanche at mortgage rates that are the highest they’ve been in more than 20 years
The most expensive Houston home sales last month ranged from a $12.5 million mansion in River Oaks to a $3.4 million property known as “The House of Many Palms.”
The Houston-area city of Bellaire is one of the most family-friendly cities in the U.S., according to Opendoor’s second-annual ranking.
A rise in new listings is finally giving potential homebuyers options as the summer market winds down.
Closings were up 2.1% during the week ended Sept. 11, according to the Weekly Activity Snapshot from the Houston Association of REALTORS®.
Sidelined homebuyers can breathe a sigh of relief. According to Realtor.com, the best week of the year to buy a home is still ahead of us.
Single-family home sales slid 3.8% in August, the lowest decline since May 2022. That’s the 17th straight month of declines.
