The median single-family sales price rose as well, according to the latest Market Update from the Houston Association of REALTORS®. 

Realtors added 3,128 properties to the MLS during the week ended Sept. 30, up from 2,741 properties during the same week in 2023.

The amount a homebuyer needs to earn to afford a median priced starter home is down 0.4% from last year, marking the first annual decline since August 2020.

The average listing price of a Houston home dipped 0.1% year over year to $431,211. 

Realtor was the most desirable job in 49 of the 50 states, the study found.

The latest reading of the National Association of REALTORS® Pending Home Sales Index shows a return to month-over-month growth after a decline in July.    

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.

Homebuying has just become more affordable for the first time since 2020, according to a new Redfin report.

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. 

At a time of year when the real estate market typically experiences seasonal declines, this fall is bringing just the opposite.