By the Numbers
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The 716,000 per-year rate of new-home sales topped the consensus estimate of 700,000.
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In its monthly report, HomesUSA said home prices were relatively flat during the same period.
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The 2.5% decline followed a 1.3% increase in July, according to the National Association of REALTORS®.
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Realtors added 3,491 properties to the MLS, up from 3,020 properties during the same week in 2023.
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The city ranked No. 2 in the U.S. for active inventory, according to the latest RE/MAX National Housing Report.
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The priciest home sold in greater Houston last month was a 9,250-square-foot house in the Willowick Estates subdivision.
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New listings in Houston in the week ended Sept. 9 outpaced those placed a year ago, the Houston Association of REALTORS said.
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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®.
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Specifically, prices rose 4.3% annually after growing by 4.7% in June.
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Closed home sales fell 5.3% year over year during the week ended Sept. 2, the Houston Association of REALTORS® said.
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Realtors added 14,910 properties to the Houston MLS in August, an 18.6% increase year over year.
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The priciest new listing in the Lone Star State is a $27.5 million estate in Southlake, listed by Michael Hershenberg of Real.
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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.
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July’s seasonally adjusted annual rate of 739,000 represented a 10.6% jump from June’s upwardly revised rate of 668,000.
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The pace of home sales increased 1.3% from June after months of decreases, the National Association of REALTORS® said.
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Closed home sales fell 13% year over year in the week ended Aug. 19, sliding to 1,434 from 1,649 a year earlier.