The Numbers Every Homeowner Should Know…

What This Means

Instead of focusing only on the headlines, here's what the latest Houston market data tells us:

🏡 Inventory is becoming more balanced.
Houston currently has a 5.2-month supply of homes, giving buyers more choices while creating a healthier, more balanced market overall. Well-priced homes are still attracting strong interest.

📈 Buyer demand remains strong.
Single-family home sales increased 3.5% compared to last June, and pending sales climbed 12.3%—a positive sign that buyers are continuing to enter the market.

📉 Interest rates have improved.
The average 30-year fixed mortgage rate dropped to 6.49%, down from 6.82% a year ago. Lower rates are helping improve affordability and encouraging more buyers to make their move.

💲Home prices remain steady.
The median home price held at $345,000, while the average sales price increased 1.2% to $455,159, reflecting a market that continues to show stability.

Every Situation Is Different

While these numbers provide a snapshot of the overall Houston market, every neighborhood—and every buyer or seller's situation—is unique.

Whether you're wondering what your home may be worth, considering buying in the near future, curious about local market conditions, or simply planning ahead, we're here to be a resource whenever you need us.