Houston Residential Real Estate Statistics for November 2024 Versus A Year Ago.
Following robust sales growth in October, Houston residential sales increased again in November 2024 versus November 2023. Homes over $500,000 continue to outperform, as sales of homes priced over $750,000 and $1,000,000, increased 18%, and 24%, respectively.
Nov. Sold Homes Versus 2023 Median Price Price Vs. 2023
Single Family 6,559 +6% $329,900 +2%
Country Homes 169 -16% $379,500 -6%
Lots 541 -6% $95,000 +15%
New Homes 2,277 -2% $333,100 -1%
Sold Price Sold Homes % of Overall Volume Vs. 2023 Months of Inventory
$100k-$149,999 132 2% -7% 4.1 months
$150k-$199,999 346 5.3% +17% 4.2 months
$200k-$249,999 851 18.0% +8% 3.5 months
$250k-$299,999 1,229 18.7% +5% 3.6 months
$300k-$399,999 1,771 26.1% -2% 4.4 months
$400k-$499,999 864 13.2% +7% 5.0 months
$500k-$749,999 843 12.9% +13% 5.0 months
$750k-$999,999 246 3.8% +18% 5.4 months
$1,000,000+ 244 3.7% +24% 6.0 months