As the market endures economic hardships, Houston area home sales continue to suffer. November marked the eighth consecutive month of declining sales and rising inventory. Single-family home sales fell 30.2 percent compared to November 2021. The market now trails 2021’s sales volume by 8.8 percent. Interest rates are currently hovering around 6.7 percent with 1.25 points.
Days on Market grew to 48 days compared to 35 in 2021. Inventory registered a 2.9-months supply. This is the highest level it has been since July 2020 when it also was 2.9 months. National housing inventory stands at a 3.3-months supply.
Previous year-end figures can be found in monthly market reports posted in our blog.
Per HAR / MLS:
Category | Jan. 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 Sales | 8,134 | 9,299 | 12,149 | 11,384 | 11,980 | 11,921 | 10,180 | 10,157 | 9,387 | 8,223 | 7,171 | 7,634 |
Total Active Listings | 21,643 | 20,620 | 20,923 | 22,475 | 24,301 | 29,344 | 33,711 | 34,458 | 35,694 | 36,751 | 36,434 | 33,776 |
Single-Family Home Sales | 6,451 | 7,372 | 9,693 | 9,079 | 9,627 | 9,728 | 8,370 | 8,241 | 7,664 | 6,641 | 5,827 | 6,378 |
Townhome/Condominium Sales | 555 | 652 | 855 | 809 | 821 | 748 | 660 | 683 | 597 | 540 | 436 | 432 |
Single-Family Months of Inventory | 1.4 | 1.3 | 1.3 | 1.4 | 1.6 | 2.0 | 2.5 | 2.5 | 2.7 | 2.8 | 2.9 | 2.7 |
Single-Family Pending Sales | 9,271 | 9,301 | 10,616 | 10,201 | 10,353 | 9,181 | 8,330 | 8,520 | 7,324 | 6,666 | 5,937 | 5,493 |
Days on Market | 39 | 41 | 38 | 33 | 29 | 28 | 26 | 31 | 37 | 43 | 48 | 57 |
Price Range | Jan. 2022 | Feb. 2022 | Mar. 2022 | Apr. 2022 | May 2022 | June 2022 | July 2022 | Aug. 2022 | Sept. 2022 | Oct. 2022 | Nov. 2022 | Dec. 2022 |
---|---|---|---|---|---|---|---|---|---|---|---|---|
$1 - $99,999 | 41 | 28 | 33 | 34 | 29 | 26 | 22 | 30 | 27 | 27 | 27 | 25 |
$100,000 - $149,999 | 103 | 118 | 145 | 118 | 110 | 102 | 109 | 120 | 100 | 88 | 89 | 105 |
$150,000 - $249,999 | 1,248 | 1,081 | 1,437 | 1,112 | 1,100 | 1,059 | 939 | 1,103 | 1,001 | 978 | 824 | 931 |
$250,000 - $499,999 | 3,121 | 3,733 | 4,740 | 4,351 | 4,615 | 4,907 | 4,190 | 4,128 | 3,833 | 3,357 | 2,918 | 3,091 |
$500,000 - $749,999 | 551 | 741 | 1,016 | 1,087 | 1,236 | 1,280 | 1,033 | 1,000 | 851 | 703 | 608 | 727 |
$750,000 and above | 291 | 390 | 583 | 635 | 756 | 720 | 533 | 505 | 485 | 364 | 322 | 381 |
Texas Winter Lights
November 11, 2022 – January 8, 2023
Marriott Marquis Houston, 1777 Walker St, Houston, TX 77010
Experience Texas Winter Lights at Marriott Marquis Houston nightly, from 5pm – 10 pm. Back for its third year, discover an interactive winter lights experience on the 6th floor Altitude Rooftop & Pool. Guests will find Instagram worthy photo ops with new light activations throughout the deck, including a majestic light-up stallion, adult playground, and grove of lights to name a few. Indulge in festive signature cocktails, a winter-themed food menu, and so much more. Float through the lazy river, heated all winter long to 80°, as lights glimmer from above.
Special weekly events include:
o Thursday: Cozy up with a nostalgic holiday-themed movie every Thursday evening.
o Friday: Dress in your holiday best. Wear your ugly holiday sweater and receive a free Hot Cocoa at the Hot Cocoa Bar.
Dasher’s Lightshow
November 18, 2022 – December 31, 2022
Humble Civic Center and Arena
8233 Will Clayton Parkway, Humble, TX 77388-5833
It’s the most wonderful time of the year for Houston’s 1st Christmas Lightshow drive thru. Priced per vehicle, your vehicle occupants enjoy the twinkling lights choreographed to your holiday music favorites. It will be a night to remember as you stroll through lighted tunnels and sing along with Santa and all of his dancing reindeer. Make amazing memories with your friends and family at Dasher’s Lightshow!
Galaxy Lights
November 12, 2022 – January 1, 2023
Space Center Houston, 1601 NASA Parkway, Houston, TX 77058, 6:00 PM – 10:00 PM
This winter explore the most interactive and technologically advanced light display in Texas. Experience two high-tech kinetic light shows, a new Deep Space Backyard, a live show in the Mission Briefing Center, the Independence Plaza Experience a Space Station Tribute at the SpaceX Falcon 9 and more.
Zoo Lights
November 18, 2022 – January 8, 2023
Houston Zoo, 6200 Hermann Park Dr., 5:30 PM – 10:30 PM
Experience the Holiday Grove presented by TXU Energy with animal-themed lanterns and hundreds of glowing flowers under the great oak trees wrapped in winter lights. Take a photo in front of the towering 33’ tall color-changing holiday tree. Walk under a canopy of glowing flowers and butterflies in the hanging pollinator garden sponsored by TC Entegy. Stroll through a 125-foot-long Infinity Tunnel of Light. Visit the Coca-Cola Polar Bear display in Flamingo Terrace and don’t forget to stop by Santa’s Workshop to say hi and to take a photo with Santa in his workshop at Twiga Café until December 23.
Magical Winter Lights
November 18, 2022 – January 7, 2023
Houston Raceway Park, 2525 FM 565, Baytown, TX 77523, 5:00 PM – 10/11:00 PM
Journey through more than 100 individual lantern sets in eight unique themed sections an more than six million lights. Explore illuminated castles and world landmarks, peek under the sea and step into imaginary lands of delight and adventure at Magical Winter Lights!
Houston Botanic Gardens Lightscape
November 18, 2022 – January 1, 2023, 5:30 PM – 10:00 PM
One Botanic Lane, Houston, TX 77017
Lightscape is an internationally acclaimed holiday light show with magical displays set along a beautifully illuminated path winding through the Garden. The captivating illuminations — blending new works unique to Texas, created by local artists, with favorites from previous Lightscape installations around the world — include an impressive towering arch tunnel sparkling with 100,000 lights.
Sugar Land Holiday Lights
November 18, 2022 – January 1, 2023
Constellation Field, Stadium Dr., Sugar Land, TX, 6:00 – 9/10:00 PM
More than 3 million lights, ten themed areas, holiday shopping, great holiday movie nights, Santa Claus, a carnival and much more!
44th Annual Nite of Lights
December 10, 2022 – January 1, 2023
Prestonwood Forest, NW Houston
Tour the streets to become a part of the holiday spectacle with countless lights and lasers and art installations and remarkable creativity!
Moody Gardens Holiday in the Gardens
November 19, 2022 – January 7, 2023
Moody Gardens, One Hope Boulevard, Galveston, TX, 10:00 AM – 10:00 PM
Nine holiday attractions, one venue. Ice Land · Festival of Lights · Ice Skating Rink · Holiday 3D Films · Hotel Packages · Rudolph 4D · Arctic Slide · Train Rides · Star: the Dancing Tree of Light · Cirque Joyeux Holiday Show (Matinee, Evening & Dinner Shows) · Pictures with Santa · New Year’s Palooza · Holiday Dinners · Nightly Fireside S’Mores.
The Light Park
November 4, 2022 – January 1, 2023
Katy – Typhoon Lagoon, 555 Katy Fort Bend Rd, Katy, TX, 77494
Spring – Hurricane Harbor Parking Lot, 21300 Interstate 45 N, Spring, TX 77373
The Light Park invites you to join them for The Best Christmas Light Show South of the North Pole, featuring millions of lights synchronized to a festive DJ’d mix of Christmas music.
Beautifully Decorated Homes
Franck’s Christmas Light Show
15923 Viney Creek, Houston, TX 77095 – Copperfield
Since 2008, the Franck family has synchronized lights with music broadcasted on 89.7 FM.
The Johnson’s Christmas Corner
14811 Cypress Meadow Dr., Cypress, TX
Since 2005 the Johnson’s have used over 70,000 lights and 50+ songs to provide a display that people can visit more than once to help brighten their holidays.
Dodd Family Holidays
62 W. Knightsbridge Dr., The Woodlands, TX
The Dodd family celebrates the holidays with animated light and music displays.
Cleveland Christmas Ranch
14651 FM 1725, Cleveland, TX
The owners of the Christmas Ranch have used 300,000 lights to create scenes including Santa and Mrs. Claus and more.
Brittenum Family Lights
1208 White Wing Circle, Friendswood, TX
A holiday lighting and special effects display synchronized to music for all ages. Music is broadcasted on 94.3 FM.
Christmas in Katy
24603 Stoughton Court, Katy TX
Christmas Katy is back for 2022. There will be three new songs and changes to the display. Shows start at 5:30 PM until 9:00 PM Sunday thru Thursday. Friday and Saturdays 5:30 PM until 10:00 PM. The show will be running through December 25th. Christmas Eve until 10:00 PM.
Other Neighborhoods to Tour
River Oaks
Start at Kirby at Shepherd or Westheimer and wind through River Oaks. You will see gorgeous wrapped trees, dripping lights, glowing deer and more.
Woodland Heights
Stroll down select streets of the Woodland Heights neighborhood, admiring the elaborately decorated homes.
Downtown Houston, City Hall, Market Square Park, Main Street Square, Avenida Houston & Discovery Green
Check out the annual, towering Holiday Tree at City Hall and wonder through light tunnels and displays at Winter Wanderland; spend some holiday cheer in the beautifully adorned Market Square Park , marvel at the Deck the Trees display in the windows of George R. Brown Convention Center (facing Avenida de las Americas, a.k.a. Avenida Houston), and don’t miss making a pit stop to skate or take in the vibes at The Ice at Discovery Green.
Pecan Grove (Richmond)
It is a seasonal tradition to line the yards with holiday lights in Pecan Grove. This practice turns Pecan Grove into a magical wonderland that people come to see from near and far. Make sure to drive down Morton League, Austin Colony and Quarterpath.
The Lights of Shepherd Park Plaza
Since 1968 many Shepherd Park Plaza residents have made it a Christmas tradition to illuminate rooftops, shrubs and front lawns.
Prestonwood Forest Nite of Lights
Prestonwood Forest, NW Houston
Come tour the streets to become a part of the holiday spectacle with countless lights and lasers and art installations and remarkable creativity!