June News You Can Use

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Houston Area Home Sales Remain Steady

Houston area single-family home sales remained steady in May, but the month ended with one percent fewer sales than May 2021. Housing inventory reached the highest level this year with a 1.6 months supply. Hopefully, the influx of new inventory will help balance supply and demand.

Per HAR / MLS:

Month-to-Month Comparison:

CategoryJan.
2022
Feb.
2022
Mar.
2022
Apr.
2022
May
2022
June
2022
July
2022
Aug.
2022
Sept.
2022
Oct.
2022
Nov.
2022
Dec.
2022
Total Property Sales8,1349,29912,14911,38411,98011,92110,18010,1579,3878,2237,1717,634
Total Active Listings21,64320,62020,92322,47524,30129,34433,71134,45835,69436,75136,43433,776
Single-Family Home Sales6,4517,3729,6939,0799,6279,7288,3708,2417,6646,6415,8276,378
Townhome/Condominium Sales555652855809821748660683597540436432
Single-Family Months of Inventory1.41.31.31.41.62.02.52.52.72.82.92.7
Single-Family Pending Sales9,2719,30110,61610,20110,3539,1818,3308,5207,3246,6665,9375,493
Days on Market394138332928263137434857

Single-Family Sales by Price Range (Harris, Fort Bend, Brazoria & Montgomery Counties)

Price RangeJan.
2022
Feb.
2022
Mar.
2022
Apr.
2022
May
2022
June
2022
July
2022
Aug.
2022
Sept.
2022
Oct.
2022
Nov.
2022
Dec.
2022
$1 - $99,999412833342926223027272725
$100,000 - $149,9991031181451181101021091201008889105
$150,000 - $249,9991,2481,0811,4371,1121,1001,0599391,1031,001978824931
$250,000 - $499,9993,1213,7334,7404,3514,6154,9074,1904,1283,8333,3572,9183,091
$500,000 - $749,9995517411,0161,0871,2361,2801,0331,000851703608727
$750,000 and above291390583635756720533505485364322381