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Greater Houston December 2024 Real Estate Market Update

You are currently viewing Greater Houston December 2024 Real Estate Market Update
  • Single-family home sales increased 6.0 percent year-over-year.
  • Days on Market (DOM) for single-family homes went from 48 to 52 days.
  • Total property sales were up 3.3 percent with 7,750 units sold.
  • Total dollar volume rose 11.1 percent to $3.1 billion.
  • The single-family average price climbed 4.1 percent to $418,903.
  • Single-family home months of inventory registered a 4.4-months supply, up from 3.5 months last November.
  • Townhome/condominium sales declined 12.0 percent year-over-year. The average price was down 10.0 percent to $242,617.