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Greater Houston February 2025 Real Estate Market Update

Featured image for the Greater Houston February 2025 Real Estate Market Update
  • Single-family home sales increased 1.2 percent year-over-year.
  • Days on Market (DOM) for single-family homes went from 59 to 61 days.
  • Total property sales were up 1.3 percent with 6,173 units sold.
  • Total dollar volume rose 8.9 percent to $2.5 billion.
  • The single-family average price climbed 4.4 percent to $406,492. 
  • Single-family home months of inventory registered a 4.3-months supply, up from 3.2 months last January.
  • Townhome/condominium sales increased 6.8 percent year-over-year. The median price declined 4.1 percent to $211,000, and the average price was statistically unchanged at $248,241.