Trends
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At the same time, builder sales expectations for the next six months posted their second-largest drop since the sentiment index started in 1985.
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Sharon Ballas, an agent with Greenwood King Properties, was the listing agent — and selling agent — for the priciest home sale in Houston last month.
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Cupid struck Houston homebuyers with major love for Brookshire last year — home sales increased by nearly 150% year over year in the community.
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Although Houston’s median home price rose slightly in the fourth quarter of 2024, the average mortgage rate decreased, easing affordability constraints for buyers.
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A majority of the most expensive new listings in Texas are located in the Dallas area, although the priciest new listing is located in Manor, an Austin suburb.
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On a city basis, Chicago posted the highest annual increase among the country’s 20 largest metros, followed by Miami, Las Vegas and Washington, D.C.
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Six of Houston’s top 10 hottest communities had average sales prices well below the area average, indicating that affordability remains a top priority for buyers.
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The median existing-home price for all housing types in December rose 6% from its year-ago level.
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For the first time in two years, home prices are on the rise in every major metro andHouston is one of them, according to a new Redfin report.
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The Woodlands, Sugar Land and Missouri City rank among the U.S. cities where housing inventory has grown the most since 2005, according to a report from StorageCafe.
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Nationally, home sales were up 13.3% year over year and 4.4% month over month, RE/MAX said.
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Compass agent Laura Sweeney was responsible for either listing or selling four of the top 10 most expensive home sales in greater Houston last year.
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Two of the most expensive homes sold in greater Houston last month ranked among the most expensive sales of the year, according to the Houston Association of REALTORS®.
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Zillow has released its list of the hottest real estate markets predicted in 2025 and Houston has made the rankings.
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Thirty-five percent of all master-planned community sales last year were in Texas, according to RCLCO Real Estate Consulting.
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In its last reading before the end of the year, the National Association of REALTORS® Pending Home Sales Index posted its fourth consecutive monthly increase in November.