Weekly Housing Market Report – Houston, Texas (Week 11) March 9 – March 15, 2025

Market Appreciation or Depreciation

The median closed price for homes in Houston during Week 11 of 2025 was $313,500, reflecting a decline from $340,000 in Week 10.

Median Days on Market (DOM)

Sales: The median Days on Market (DOM) for closed sales increased to 32 days, up from 25 days in Week 10.

List Price Trends

The median list price for homes sold in Week 11 was $321,734, down from $348,900 in Week 10.

Seller Concessions Over $1

Percentage of Sales with Concessions: 37.9% (↓ slightly from 38.2% in Week 10)
Minimum Concession: $2 (↓ from $265 in Week 10)
Maximum Concession: $50,000
Median Concession: $6,000 (↓ from $7,000 in Week 10)

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 – Bay City, Texas – Week 11: March 9 – March 15, 2025

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Weekly Housing Market Report - Houston, Texas - Week 10: March 2 - March 8, 2025