Houston home sales have remained steady on a month-to-month basis, although June marked the 15th consecutive month of negative sales with single-family home sales falling 12.8 percent year-over-year. Months supply of homes climbed to 3.1, the highest level since June 2020.
Days on market has been declining on month-to-month basis since January. It took 45 days to sell a home in June versus 48 in May. It was 28 days in June 2022.