Houston Housing Market Update – April 2025

📈 Market Overview

The Greater Houston real estate market is showing signs of stabilization and modest growth as we progress through 2025.​

• Single-Family Home Sales: In March 2025, sales increased by 2.6% year-over-year, totaling 8,753 units sold.​

• Average Home Price: The average price for single-family homes rose by 3.7% to $427,221.​

• Inventory Levels: The months of inventory for single-family homes expanded to 4.6 months, up from 3.4 months in March 2024, indicating a more balanced market.​

• Days on Market (DOM): The average DOM for single-family homes increased from 55 to 62 days, suggesting a slight slowdown in the pace of sales.​

• Total Dollar Volume: The total dollar volume of sales increased by 5.1% to $3.6 billion.​

• Townhome/Condominium Market: Sales in this segment declined by 21.9% year-over-year, with the average price decreasing by 1.5% to $272,144.​

🏘️ Neighborhood Highlights

Certain Houston neighborhoods are experiencing notable activity:​HAR

• Spring, TX: Inventory levels are healthy, with a Months Supply of Inventory at 3.58. Homes are selling relatively quickly, with a Median Days on Market of 29. Sellers are achieving close to their asking prices, with a Sold to List Price Percentage of 98%. ​https://houstonsuburb.com

• 77070 Zip Code: Buyer agents are observing a slowdown in the real estate market, but specific neighborhood impacts are minimal. ​Jo and Co Search

📊 Market Dynamics

The increase in inventory levels provides buyers with more options, contributing to a less competitive market compared to previous years. However, the rise in average home prices indicates sustained demand. The extended Days on Market suggests that properties are taking longer to sell, which may offer buyers additional negotiating power.​

🔮 Outlook for 2025

The Houston real estate market is expected to continue its path toward equilibrium throughout 2025. With inventory levels rising and price growth moderating, both buyers and sellers can anticipate a more predictable market environment. Economic factors, including interest rates and employment trends, will play a significant role in shaping the market's trajectory.​

For a more detailed analysis, you can watch the latest market update below:​

Note: This information is based on data available as of April 2025. For personalized advice or more recent updates, consider consulting with a local real estate professional.