Weekly Housing Market Report - Houston, Texas - Week 4: January 19 - January 25, 2025

Houston Housing Market Overview

Market Appreciation or Depreciation

The median closed price for homes in Houston during Week 4 of 2025 was $310,000, reflecting a slight increase from $305,000 in Week 3, but still below $309,710 in Week 2 and $330,000 in Week 1.

Median Days on Market (DOM)

  • Sales: The median Days on Market (DOM) for closed sales was 37 days, increasing from 27 days in Week 3.

List Price Trends

  • The median list price for homes sold in Week 4 was $314,990, slightly decreasing from $315,000 in Week 3.

Seller Concessions Over $1

  • Percentage of Sales with Concessions: 38.5% (↓ from 40.8% in Week 3)

  • Minimum Concession: $100 (↓ from $500 in Week 3)

  • Maximum Concession: $250,000 (↑ from $25,500 in Week 3)

  • Median Concession: $5,325 (↓ from $7,000 in Week 3)

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

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Weekly Housing Market Report - Richmond, Rosenberg, and Sugar Land - Week 5: January 26 - February 1, 2025

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Weekly Housing Market Report - Bay City, Texas - Week 4: January 19 - January 25, 2025