BY LIZZY SPANGLER
Houston-area homes on market hits highest point since 2011
Single-family home sales in the Greater Houston area rose 2.6% year over year in March, according to the Houston Association of Realtors’ March Housing Report released April 9. Diving in deeper The number of pending single-family home sales also rose 12.7% year over year compared to last March—going from 8,133 to 9,165, according to the report. Inventory-wise, there were 32,866 homes available on the market in March—the highest since June 2011. Single-family median home prices also grew, increasing 1.5% to $335,000, according to the report. What else? According to the report, sales for homes priced:
Greater Houston March real estate data
March 2024
March 2025
Change
Total property sales
8,829
8,753
-0.9%
Total dollar volume
$3.44 million
$3.62 million
+5.1%
Single-family home sales
7,240
7,429
+2.6%
Single-family median sales price
$329,998
$335,000
+1.5%
SOURCE: HOUSTON ASSOCIATION OF REALTORS/COMMUNITY IMPACT
still proceeding with caution,” HAR Chair Shae Cottar with LPT Realty said via news release. “It’s important to acknowledge that current economic headwinds, including the impact of new tariffs, are putting downward pressure on interest rates. These lower rates, coupled with growing inventory and moderating home prices, create an opportu- nity for both buyers and sellers.”
• $150,000-$249,999 increased 0.6% • $250,000-$499,999 decreased 0.4% • $500,000-$999,999 increased 3.6% • $1 million and above increased 26.9% Quote of note “Lower mortgage rates are giving Houston homebuyers a sense of optimism, but many are
• Less than $100,000 decreased 14% • $100,000-$149,000 increased 3%
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