Although March single-family home sales were down 7.5 percent year-over-year, they were up 15.6 percent month-over-month. March marked the first decline of single-family homes sales (on a yearly basis) this year. Active listings, the total number of available properties, were 26.1 percent ahead of March 2023 and increased 3.2 percent since February. The Houston area currently has 3.5 months of single-famly months of inventory.
>>>Learn more about the Houston area real estate market and the NAR commission lawsuits.
