09/01/2026
๐๐๐จ๐ฎ๐ฌ๐ญ๐จ๐ง ๐๐๐๐ฅ ๐๐ฌ๐ญ๐๐ญ๐ ๐๐๐ซ๐ค๐๐ญ ๐๐ฉ๐๐๐ญ๐ | ๐๐ฎ๐ฅ๐ฒ ๐๐๐๐
The Houston housing market continues to move toward a more balanced place, and July gave us several signs of that.
๐๐ก๐ ๐๐ข๐ ๐ ๐๐ฌ๐ญ ๐ก๐๐๐๐ฅ๐ข๐ง๐? ๐๐ฎ๐ฒ๐๐ซ๐ฌ ๐ก๐๐ ๐ฆ๐จ๐ซ๐ ๐ก๐จ๐ฆ๐๐ฌ ๐ญ๐จ ๐๐ก๐จ๐จ๐ฌ๐ ๐๐ซ๐จ๐ฆ ๐ญ๐ก๐๐ง ๐๐ฏ๐๐ซ ๐๐๐๐จ๐ซ๐, ๐๐ฎ๐ญ ๐ญ๐ก๐๐ฒ ๐ฐ๐๐ซ๐ ๐ฌ๐ญ๐ข๐ฅ๐ฅ ๐๐ฎ๐ฒ๐ข๐ง๐ .
Single-family home sales increased 1.6% year over year, with 8,340 homes sold in July. Pending sales also increased 2.6%, which tells us buyer activity is still very much present.
At the same time, single-family active listings climbed to a record 40,750 homes, helping push inventory to 5.5 months.
That combination matters.
More inventory gives buyers more choices and, in many cases, more flexibility when it comes to negotiations. But increased inventory has not caused Houston home prices to fall across the board.
๐ฐ The average sales price increased 1.9% to $440,816
๐ฐ The median sales price increased 0.6% to $340,000
Homes are also taking a little longer to sell, averaging 53 days on market, compared to 50 days last July.
๐๐ก๐๐ญ ๐๐จ๐๐ฌ ๐ญ๐ก๐ข๐ฌ ๐ฆ๐๐๐ง ๐ข๐ ๐ฒ๐จ๐ฎโ๐ซ๐ ๐๐ฎ๐ฒ๐ข๐ง๐ ?
This is a much different environment than the ultra-competitive market we experienced a few years ago.
Buyers generally have more time to consider their options, more properties to choose from, and potentially more opportunities to negotiate price, repairs, closing costs, or other terms depending on the property.
Mortgage rates also improved slightly compared to last year, with the average 30-year fixed rate at 6.54% versus 6.72% in July 2025, according to Freddie Mac.
๐๐ก๐๐ญ ๐๐จ๐๐ฌ ๐ญ๐ก๐ข๐ฌ ๐ฆ๐๐๐ง ๐ข๐ ๐ฒ๐จ๐ฎโ๐ซ๐ ๐ฌ๐๐ฅ๐ฅ๐ข๐ง๐ ?
There are still plenty of buyers in the market, but sellers are competing against more inventory.
That means pricing correctly, preparing the home well, and having a strong marketing strategy are increasingly important.
The days of assuming almost any home will sell quickly simply because it is listed are behind us. Buyers have choices, and they are paying attention.
๐๐ง๐ ๐ง๐ฎ๐ฆ๐๐๐ซ ๐ ๐๐จ๐ฎ๐ง๐ ๐๐ฌ๐ฉ๐๐๐ข๐๐ฅ๐ฅ๐ฒ ๐ข๐ง๐ญ๐๐ซ๐๐ฌ๐ญ๐ข๐ง๐ :
Sales of homes priced at $1 million and above increased 9.4% year over year, the strongest growth of any price segment reported by HAR in July.
That is another reminder that there is not one single "Houston real estate market." Different price points, neighborhoods, and communities can behave very differently.
๐๐ฒ ๐ญ๐๐ค๐๐๐ฐ๐๐ฒ: Houston remains active and resilient, but the balance between buyers and sellers continues to shift.
๐
๐จ๐ซ ๐๐ฎ๐ฒ๐๐ซ๐ฌ, that can mean more opportunity.
๐
๐จ๐ซ ๐ฌ๐๐ฅ๐ฅ๐๐ซ๐ฌ, it means strategy matters more than ever.
And if you are wondering what these numbers actually mean for your home, neighborhood, or move, call or text me. Iโm always happy to break it down without all the real estate jargon.
๐๐๐ฏ๐ข๐ ๐๐ก๐๐ฅ๐๐ง, ๐๐๐๐๐๐๐ยฎ
(713) 585-0141 | [email protected]
๐๐จ๐ฉ ๐% ๐๐๐ฑ๐๐ฌ ๐๐๐๐๐๐๐ยฎ | Associate Leadership Council | KW Luxury Agent
Source: HAR.com
