Houston Remains a Sellers Market!

Sales Adjust, but Robust Competition and Stable Prices Forge a Path to Prosperity!  

Hey, guys! It’s Kelly Watkins and Britney Lee from The Bridge Group, and we’re thrilled to share our monthly market update for April with you! Despite a slight decrease in sales, the Houston real estate market remains vibrant and competitive.

Multiple offers on competitively priced listings are becoming a trend.  Despite a slight increase in days on the market from 34 to 55, homes continue to sell in various price points!

Home sales have declined by 18.4% compared to last year, but the market remains in line with pre-pandemic numbers. Average single-family prices have experienced a modest decrease of just over 1%, but they still stand strong at $420,000

Houston remains a seller’s market with 2.7 months of inventory, up from 1.3 months last year. Sellers are encouraged to list their homes now to capitalize on the growing competition during the summer. 🌞🔥

Don’t hesitate to reach out for any questions or guidance. We’re committed to helping you make the most of the Houston real estate market! 🤝🏡💪