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Market Update

All Houston

Q4 2022

Residential Property Snapshot

Single Family Homes | Q4 2022
Med. Sales Price
$315k
3% more than in
Q4 2021
Avg. Days On Market
36
13% more than in
Q4 2021
Closed Sales
4,775
34% fewer than in
Q4 2021
Inventory
5,049
Data unavailable for
Q4 2021

Sales Price vs. Closed Sales

Single Family Homes

     |  Q4 Last 5 Years
    Closed
    New
    Inventory

    Closed Sales by Price

    Single Family Homes

       |  Q4 2022

      Median Sales Price vs. Average Days on Market

      Single Family Homes

         |  Q4 Last 5 Years
        By Year
        By Price

        Market Data by Year

        Single Family Homes

           |  Q4 2022

          Rotate your device to view as table
          '21 - '22
          Inventory
          Inventory represents the number of active properties on the market at the end of the quarter
          n/a
          New Listings
          New Listings represents the number of properties listed during the quarter.
          -10%
          Months Supply of Inventory
          Months' supply of inventory refers to the number of months it would take for the current inventory of homes on the market to sell given the current sales pace.
          n/a
          Closed Sales
          -34%
          Average Days On Market
          Average Days on Market represents the number of days that a property has been listed until a seller has accepted an offer and signed a contract.
          13%

          43 Communities

          Communities

          Atascocita Area

          Median
          $347k
          DOM
          47
          Sales
          303
          Inv
          336

          Bellaire

          Median
          $995k
          DOM
          51
          Sales
          42
          Inv
          48

          Braeswood Place

          Median
          $932k
          DOM
          29
          Sales
          14
          Inv
          18

          Briargrove Park

          Median
          $645k
          DOM
          48
          Sales
          17
          Inv
          11

          Central Area

          Median
          $755k
          DOM
          42
          Sales
          75
          Inv
          109

          Clear Lake

          Median
          $340k
          DOM
          32
          Sales
          173
          Inv
          154

          Cypress

          Median
          $407k
          DOM
          45
          Sales
          722
          Inv
          702

          East End Revitalized

          Median
          $374k
          DOM
          45
          Sales
          87
          Inv
          132

          Energy Corridor

          Median
          $410k
          DOM
          46
          Sales
          123
          Inv
          103

          Friendswood

          Median
          $360k
          DOM
          32
          Sales
          152
          Inv
          102

          Galleria Area

          Median
          $750k
          DOM
          42
          Sales
          81
          Inv
          122

          Greater Heights Area

          Median
          $596k
          DOM
          30
          Sales
          206
          Inv
          219

          Hockley

          Median
          $280k
          DOM
          33
          Sales
          161
          Inv
          216

          Katy Area

          Median
          $452k
          DOM
          40
          Sales
          647
          Inv
          429

          Kingwood

          Median
          $325k
          DOM
          30
          Sales
          254
          Inv
          208

          Lake Conroe

          Median
          $349k
          DOM
          59
          Sales
          543
          Inv
          884

          League City

          Median
          $355k
          DOM
          29
          Sales
          281
          Inv
          240

          Magnolia Area

          Median
          $330k
          DOM
          58
          Sales
          438
          Inv
          557

          Medical Center Area

          Median
          $400k
          DOM
          38
          Sales
          30
          Inv
          18

          Memorial Close-In

          Median
          $2.2m
          DOM
          76
          Sales
          10
          Inv
          9

          Memorial Park

          Median
          $1.5m
          DOM
          43
          Sales
          10
          Inv
          9

          Memorial Villages

          Median
          $1.42m
          DOM
          55
          Sales
          44
          Inv
          65

          Memorial West

          Median
          $898k
          DOM
          32
          Sales
          85
          Inv
          72

          Meyerland

          Median
          $410k
          DOM
          54
          Sales
          38
          Inv
          61

          Museum District Area

          Median
          $857k
          DOM
          45
          Sales
          36
          Inv
          70

          New Caney

          Median
          $285k
          DOM
          50
          Sales
          235
          Inv
          227

          Oak Forest

          Median
          $460k
          DOM
          37
          Sales
          102
          Inv
          131

          Pearland

          Median
          $371k
          DOM
          33
          Sales
          306
          Inv
          177

          Porter

          Median
          $300k
          DOM
          42
          Sales
          205
          Inv
          280

          River Oaks Area

          Median
          $2.14m
          DOM
          68
          Sales
          51
          Inv
          64

          River Oaks Proper

          Median
          $3.31m
          DOM
          92
          Sales
          20
          Inv
          24

          Shepherd Park Plaza

          Median
          $868k
          DOM
          5
          Sales
          4
          Inv
          2

          Southside

          Median
          $2.8m
          DOM
          44
          Sales
          5
          Inv
          6

          Spring Area

          Median
          $366k
          DOM
          39
          Sales
          843
          Inv
          730

          Spring Branch

          Median
          $398k
          DOM
          38
          Sales
          300
          Inv
          321

          Tanglewood Area

          Median
          $1.61m
          DOM
          53
          Sales
          19
          Inv
          35

          Tanglewood Proper

          Median
          $2.7m
          DOM
          59
          Sales
          11
          Inv
          17

          The Woodlands

          Median
          $520k
          DOM
          27
          Sales
          308
          Inv
          162

          Tomball

          Median
          $380k
          DOM
          53
          Sales
          213
          Inv
          234

          Walnut Bend

          Median
          $513k
          DOM
          22
          Sales
          13
          Inv
          7

          Washington Corridor

          Median
          $575k
          DOM
          50
          Sales
          23
          Inv
          31

          West University

          Median
          $1.44m
          DOM
          27
          Sales
          12
          Inv
          5

          Willow Meadows

          Median
          $345k
          DOM
          46
          Sales
          27
          Inv
          40

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          Data provided by Houston Association of REALTORS. All information is deemed reliable but not guaranteed. Data is based on the closed date as of Dec 31, 2022 end of day. This report was last updated Jan 12, 2023.

          © 2023 Sotheby’s International Realty. All Rights Reserved. Sotheby’s International Realty® is a registered trademark. Each Sotheby’s International Realty office is independently owned and operated, except those operated by Sotheby’s International Realty, Inc. This material is based upon information which we consider reliable but because it has been supplied by third parties, we cannot represent that it is accurate or complete and it should not be relied upon as such. If your property is listed with a real estate broker, please disregard. It is not our intention to solicit the offerings of other real estate brokers. We are happy to work with them and cooperate fully. Equal Housing Opportunity.