Weekly Housing Market Report - Houston, Texas - Week 1: December 29, 2024 - January 4, 2025

Written By J. Wade Purdy

Houston Housing Market Overview

Market Appreciation or Depreciation

The median closed price for homes in Houston during Week 1 of 2025 was $330,000, establishing a baseline for future market analysis.

Median Days on Market (DOM)

  • Sales: The median Days on Market (DOM) for closed sales was 29 days.

List Price Trends

  • The median list price for homes sold in Week 1 was $339,450.

Seller Concessions Over $1

  • Percentage of Sales with Concessions: 37.7%

  • Minimum Concession: $3

  • Maximum Concession: $20,550

  • Median Concession: $7,000

Legal Disclaimer

The information provided in this blog post is for informational purposes only and should not be considered financial, legal, or real estate advice. Readers are encouraged to conduct their own research and consult with a licensed real estate professional before making any property-related decisions.

#HoustonRealEstate #HoustonHousingMarket #PurdyAppraisal #HomeValues2025

J. Wade Purdy https://www.purdyappraisal.com
Previous

Weekly Housing Market Report - Richmond, Rosenberg, and Sugar Land - Week 2: January 5 - January 11, 2025
Next

Weekly Housing Market Report - Bay City, Texas - Week 1: December 29, 2024 - January 4, 2025