December Monthly Market Comparison-HAR Report
The Houston housing market produced mixed results in December. Single-family home sales, total property sales and total dollar volume fell compared to December 2022 while pricing was statistically flat. Month-end pending sales for single-family homes totaled 5,723, up 14.5 percent from a year earlier. Total active listings, or the total number of available properties, rose 13.9 percent to 38,028.
Single-family homes inventory grew from a 2.6-months supply to 3.3 months. For perspective, housing inventory across the U.S. currently stands at a 3.5-months supply, according to the latest National Association of Realtors (NAR) report.