Weekly Housing Market Report - Houston, Texas - Week 7: February 9 - February 15, 2025

Houston Housing Market Overview

Market Appreciation or Depreciation

The median closed price for homes in Houston during Week 7 of 2025 was $350,000, reflecting a significant increase from $312,000 in Week 6.

Median Days on Market (DOM)

  • Sales: The median Days on Market (DOM) for closed sales was 30 days, slightly decreasing from 33 days in Week 6.

List Price Trends

  • The median list price for homes sold in Week 7 was $355,000, increasing from $318,000 in Week 6.

Seller Concessions Over $1

  • Percentage of Sales with Concessions: 34.7% (↓ from 37.3% in Week 6)

  • Minimum Concession: $9 (↓ from $650 in Week 6)

  • Maximum Concession: $51,090 (↑ from $22,438 in Week 6)

  • Median Concession: $6,500 (↑ from $6,480 in Week 6)

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 8: February 16 - February 22, 2025

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Weekly Housing Market Report - Bay City, Texas - Week 7: February 9 - February 15, 2025