Greater Houston November 2024 Real Estate Market Update

You are currently viewing Greater Houston November 2024 Real Estate Market Update
  • Single-family home sales increased 12.8 percent year-over-year.
  • Days on Market (DOM) for single-family homes went from 48 to 51 days.
  • Total property sales were up 10.2 percent with 8,627 units sold.
  • Total dollar volume rose 19.5 percent to $3.5 billion.
  • The single-family average price climbed 5.2 percent to $423,166.
  • Single-family home months of inventory registered a 4.4-months supply, up from 3.5 months last October.
  • Townhome/condominium sales increased for the first time in two years, with sales up 6.5 percent year-over-year. The average price rose 2.6 percent to $279,018.