The year-over-year increase of 6.1% is the greatest since June 2021, according to the association. 

When 3630 Willowick Road was first listed for $29 million back in 2023, it was the most expensive listing in Houston history. Now, though the sales price is undisclosed, the home represents the second-most expensive Houston home sale on record.

More buyers are touring homes and applying for mortgages as the 2024 housing market enters its home stretch, according to a new Redfin report.

According to a report from CashNetUSA, renters in Bellaire (specifically, the 77401 ZIP code) only need to spend 13.68% of their annual income on rent.

Houston is the 65th-priciest rental market in the country, according to Zumper’s November National Rent Report.

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. 

The new findings come from real estate tech strategist Mike DelPrete.

The increase follows two months of declines, the National Association of REALTORS® said. 

Multifamily construction, meanwhile, rose on a monthly basis. 

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.

Looking ahead, the CoreLogic Home Price Insights report predicts home prices will dip by 0.1% in October on a month-over-month basis.      

At the same time, days on market increased, and housing starts declined.

Agents added 3,096 properties to the MLS, up from 2,701 properties during the same week in 2023.

The S&P CoreLogic Case-Shiller U.S. National Home Price Index hit a new record in August, marking the 15th month in a row of new highs.