Greater Houston March 2026 Real Estate Market Update

In this Houston real estate update, Bret Wallace breaks down what happened in the Greater Houston housing market in February 2026 and what it means for buyers and sellers heading into the spring listing season. Single-family home sales were down year over year, days on market increased, inventory expanded, and pricing remained relatively resilient. The update also covers median price versus average price, new construction activity, and why buyers may see more options in the months ahead.

• Single-family home sales declined 2.2% year-over-year.
• Days on Market (DOM) for single-family homes went from 60 to 69 days.
• The single-family median price declined 0.9% to $322,078.
• The single-family average price rose 2.0% to $415,091.
• Single-family home months of inventory expanded to a 4.8-months supply, up from 4.3 months a year ago.
• Townhome and condominium sales were down all across the board. Volume, Average price, and median price.
• Total property sales declined 3.3%
• Total dollar volume declined 1.7%