By the Numbers
Nationally, home sales in the 51 metro areas surveyed by REMAX declined 3.2% year over year and rose 11.1% month over month.
Though the most lucrative week to list varies by city and region, spring is undoubtedly the smartest season to list.
Regionally, pending sales rose in the Midwest, South and West, and declined in the Northeast on a month-over-month basis.
Agents from Martha Turner Sotheby’s International Realty were responsible for six transaction sides on February’s ranking of the 10 most expensive homes sold in greater Houston.
In the Houston metro area, the median declined 0.2% year over year to $334,400. That meant a price-per-square foot of $162.86, down 1.1% from 2024.
Two homes listed by Compass agent Robert Bland top February’s ranking of the 10 most expensive new listings in Texas.
U.S. home sales declined 6% year over year and 32% month over month in January, according to the latest REMAX National Housing Report.
With mortgage rates approaching 6%, 5.5 million additional buyers that could not qualify for a mortgage one year ago would qualify at today’s lower rates, the National Association of REALTORS® said.
An estate on Chevy Chase Drive listed for $13 million tops the list of the 10 most expensive homes sold in greater Houston January.
HAR tracked the top 10 ZIP codes with the greatest year-over-year increases in home sales and found that 77484 — Waller — was the hottest in the entire Houston metro area.
The typical monthly homeownership cost — including mortgage payment, principal, taxes and insurance — was $2,280, down from $2,490 a year prior.
Zillow’s Home Value Index shows that in 13 of the past 20 years, home values in the metro area of the Super Bowl champion grew faster than the national average.
A 20,000-square-foot estate with a $29.9 million price tag tops this past month’s ranking of the most expensive new listings in Texas.
The second-hottest community was Waller, which had previously been the hottest Houston community for three quarters in a row.
While new-home sales increased on a monthly basis in all of Texas’ four major metro areas, Houston had the highest sales volume at 2,157.
Middle-income seniors stand to be affected most by projected shortages — those who don’t qualify for subsidized housing but can’t afford new construction.
