Houston Real Estate Market Update! December 2023 Update

Houston Real Estate Market Update!

December 2023

Did you know that the Months Supply of Inventory in Houston is currently at 2.87 months? That's great news for buyers as it indicates a balanced market! 📉 But hold on, over the last 12 months, the Months Supply of Inventory has increased by a whopping 25.88%! 📈

List to Sold Price

Here's a stat you'll love! The List to Sold Price percentage in Houston is an impressive 97.3%! 💯 This means that sellers are receiving a high percentage of their asking price, giving them confidence in the market.

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Median Days on Market

Looking to sell your Houston property quickly? Well, you're in luck! The median days on market is only 24 days! This low number suggests that properties are selling fast and buyers are eager to find their dream home.

Median Sold Price

Houston's median sold price is currently at a comfortable $314,123. This reflects a strong and stable market, making it an opportune time for both buyers and sellers to make their move.

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When it comes to navigating the Houston real estate market, we got you covered! Whether you're looking to buy or sell, we'll provide you with expert guidance and personalized solutions to meet your unique needs.