January homes sales gave Houston area residents something to smile about. Single-family home sales experienced the second increase in two years. Sales climbed 9.0 percent on a year-to-year basis, although they were down 22.0 percent compared to December 2023.
Active listings have slightly increased, while single-family months of inventory remained at 3.3. Last year, the Houston area had 2.7-months of inventory. Days on market grew to 58 days.