Active listings reached an all-time high in July, exceeding 40,000 available homes in the Houston area. This represents a 38.2% increase from July 2024.
HOUSTON — July marked the third consecutive month of growth for the Greater Houston real estate market with strong buyer demand.
With a record 40,000 homes listed for sale last month, prices stabilized.
“It has created a more balanced and sustainable market heading into the second half of the year,” the Houston Association of Realtors (HAR) said on Wednesday.
Houston real estate highlights in July
- Single-family home sales increased 9.2% year-over-year
- Days on Market (DOM) for single-family homes went from 45 to 50 days
- The single-family median price declined 3.1% to $339,000
- The single-family average price was down 1.9% to $434,664
- Single-family home months of inventory expanded to a 5.5-month supply, up from 4.2 months last July.
According to HAR’s July 2025 Housing Market Update, a total of 8,300 homes were sold compared to 7,601 last year, when Hurricane Beryl temporarily halted market activity for several days.
July marked the largest year-over-year decline in home prices since 2023. The median price was down 3.1 percent to $339,000. The average price was $434,664, a 1.9 percent drop from last July.
“While some homeowners are adjusting their expectations, many homes are still attracting solid offers,” HAR Chair Shae Cottar with LPT Realty said. “This is a good indicator that the Houston market continues to be in a relatively healthy and balanced spot.”
Broken out by housing segment, single-family home sales in the Greater Houston area performed as follows:
- Up to $99,999: increased 26.3 percent
- $100,000 – $149,999: increased 39.1 percent
- $150,000 – $249,999: increased 25.5 percent
- $250,000 – $499,999: increased 6.0 percent
- $500,000 – $999,999: increased 0.5 percent
- $1M and above: increased 7.5 percent