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Greater Houston July 2024 Real Estate Market Update

You are currently viewing Greater Houston July 2024 Real Estate Market Update
  • Single-family home sales declined 11.6 percent year-over-year.
  • Days on Market (DOM) for single-family homes went from 45 to 46 days.
  • Total property sales were down 13.6 percent with 9,133 units sold.
  • Total dollar volume declined 12.2 percent to $3.8 billion.
  • The single-family average price was statistically flat at $432,090.
  • Single-family home months of inventory registered a 4.3-months supply, up from 3.0 months last June.
  • Townhome/condominium sales continued to decline, falling 19.9 percent.