Nationally, home sales were down 2.6% year over year and up 8.4% month over month, RE/MAX said. 

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. 

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

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

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

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

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.   

At the same time, the pace of annualized home-price increases reversed its downward trajectory, S&P Dow Jones Indices said. 

At the same time, builder sales expectations for the next six months posted their second-largest drop since the sentiment index started in 1985. 

Sharon Ballas, an agent with Greenwood King Properties, was the listing agent — and selling agent — for the priciest home sale in Houston last month.

Although Houston’s median home price rose slightly in the fourth quarter of 2024, the average mortgage rate decreased, easing affordability constraints for buyers.

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.

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. 

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.