What’s Happening & What It Means for You
Spring is usually a hot season for Houston real estate, but this April is all about cooling prices, rising inventory, and shifting leverage.
Market Highlights:
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Median Price: $339,990 (unchanged YoY)
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Closed Sales: 7,884 ▼ 2.0%
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Active Listings: 35,468 ▲ 38.6%
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Inventory: 4.9 months ▲ 1.4 YoY
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Days on Market: 53 (5 more than last year)
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Days to Close: 33
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Total Days from List to Close: 86
What It Means:
For Buyers:
Inventory is booming — nearly 39% more homes are on the market compared to last year. That means less pressure to rush and more negotiating power. With prices flat and sellers adjusting expectations, this is a great time to shop smart.
For Sellers:
Homes are taking longer to sell, and buyers have options. Pricing right from the start is more important than ever — and a professional presentation could make all the difference. Homes are closing at 94.9% of original list price, so avoid overpricing.
Other Insights:
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Median price per square foot: $165.15 ▼ 0.9%
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Median home size: 2,128 sq ft
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Median year built: 2008
This market is rebalancing — and that’s not a bad thing. Whether you’re ready to make a move or just exploring your options, having the right agent by your side can turn market trends into opportunities. Want to find out more...call me.
For all your real estate needs, get Jacque!
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