Weekly Housing Market Report - Houston, Texas - Week 9: February 23 - March 1, 2025

Written By J. Wade Purdy

Houston Housing Market Overview

Market Appreciation or Depreciation

The median closed price for homes in Houston during Week 9 of 2025 was $319,000, reflecting a slight decrease from $323,000 in Week 8.

Median Days on Market (DOM)

  • Sales: The median Days on Market (DOM) for closed sales was 25 days, decreasing from 32 days in Week 8.

List Price Trends

  • The median list price for homes sold in Week 9 was $324,999, slightly decreasing from $329,950 in Week 8.

Seller Concessions Over $1

  • Percentage of Sales with Concessions: 40.3% (↓ from 40.6% in Week 8)

  • Minimum Concession: $50 (↑ from $500 in Week 8)

  • Maximum Concession: $25,000 (↑ from $20,000 in Week 8)

  • Median Concession: $6,652.50 (↑ from $5,000 in Week 8)

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
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