By the Numbers
The priciest new listing in the Lone Star State is an $18,995,000 estate in Caney, listed by Amanda Gadison of Keller Williams Dallas Midtown.
At the same time, pending listings rose 8% to 2,047 from 1,895, according to the.Houston Association of REALTORS®.
The 716,000 per-year rate of new-home sales topped the consensus estimate of 700,000.
In its monthly report, HomesUSA said home prices were relatively flat during the same period.
The 2.5% decline followed a 1.3% increase in July, according to the National Association of REALTORS®.
Realtors added 3,491 properties to the MLS, up from 3,020 properties during the same week in 2023.
The city ranked No. 2 in the U.S. for active inventory, according to the latest RE/MAX National Housing Report.
The priciest home sold in greater Houston last month was a 9,250-square-foot house in the Willowick Estates subdivision.
New listings in Houston in the week ended Sept. 9 outpaced those placed a year ago, the Houston Association of REALTORS said.
The median single-family price slid 0.3% from $338,000 to $336,940, according to the latest Market Update from the Houston Association of REALTORS®.
Specifically, prices rose 4.3% annually after growing by 4.7% in June.
Closed home sales fell 5.3% year over year during the week ended Sept. 2, the Houston Association of REALTORS® said.
Realtors added 14,910 properties to the Houston MLS in August, an 18.6% increase year over year.
The priciest new listing in the Lone Star State is a $27.5 million estate in Southlake, listed by Michael Hershenberg of Real.
Realtors added 3,623 properties to the Houston MLS in the week ended Aug. 26, up from 2,901 properties during the same week in 2023.
July’s seasonally adjusted annual rate of 739,000 represented a 10.6% jump from June’s upwardly revised rate of 668,000.