Market Update

All Houston

Q1 2024

Residential Property Snapshot

Single Family Homes | Q1 2024
Med. Sales Price
0% change from
Q1 2023

Avg. Days On Market
12% fewer than in
Q1 2023

Closed Sales
2% fewer than in
Q1 2023

22% more than in
Q1 2023

Sales Price vs. Closed Sales

Single Family Homes

     |  Q1 Last 5 Years

    Closed Sales by Price

    Single Family Homes

       |  Q1 2024

      Median Sales Price vs. Average Days on Market

      Single Family Homes

         |  Q1 Last 5 Years
        By Year
        By Price

        Market Data by Year

        Single Family Homes

           |  Q1 2024

          Rotate your device to view as table
          '23 - '24
          Inventory represents the number of active properties on the market at the end of the quarter
          New Listings
          New Listings represents the number of properties listed during the quarter.
          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.
          Closed Sales
          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.

          43 Communities


          Data provided by Houston Association of REALTORS. All information is deemed reliable but not guaranteed. Data is based on the closed date as of Mar 31, 2024 end of day. This report was last updated Apr 18, 2024.

          © 2024 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.