Current Market Data
“While the improvement in days on market last month is encouraging, the decline in pending sales is also consistent with seasonality,” HomesUSA CEO Ben Caballero explained.
Curb appeal is important to today’s homeowners — that is, they want the exteriors of their homes to appeal to their own preferences and sensibilities rather than those of potential buyers.
Given Texas’ average home size, buyers in the state pay an average price per square foot of $210.
The ZIP code with the biggest year-over-year increase in home sales last quarter was 77461 — the Needville area in Fort Bend County.
The triennial survey of 2,000 American residents from the 50 largest metropolitan areas, the National Association of REALTORS® Community and Transportation Preference Survey, found buyers and residents prefer more housing options and communities designed for easy access.
Sellers added 4,251 properties to the MLS, down 2.8% from the same week in 2025, when 4,373 homes were added to the market.
Nationally, home sales in the 51 metro areas surveyed by REMAX showed measured growth of 8.9% month over month and 7.8% year over year, REMAX said.
A brand new home in Bunker Hill Village tops the June ranking of the 10 most expensive homes sold in greater Houston.
The annual and monthly declines of 0.3% and 5.4%, respectively, do not fully capture the geographic variability of market performance.
Closed home sales increased 3.5% year over year, with 8,820 properties sold during the month.
Buyers purchased 2,185 homes, up from 1,988 during the same week a year prior. Meanwhile, pending home sales dropped 14.8%, with 1,823 listings going under contract.
The median sales price of a home hit an all-time high of $440,600.
Looking ahead, Cotality expects home prices to rise 4.8% between May 2026 and May 2027.
Nationally, the median list price slipped 2.4%, marking the eighth month in a row of declines.
The uptick was driven by a slight dip in mortgage rates.
S&P Dow Jones Indices noted that inflation outpaced national home-price appreciation for the 11th month in a row.
