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Home sales and pending activity rise as prices remain stable
HOUSTON — (July 8, 2026) — The Greater Houston housing market showed signs of strength and balance in June, with home sales increasing, pending activity climbing and overall price growth remaining steady.
According to the Houston Association of Realtors’ June 2026 Housing Market Update, single-family home sales rose 3.5% year over year, with 8,820 homes sold compared to 8,525 in June 2025. Pending sales—newly signed purchase contracts that become closings in the next few months—increased 12.3%, suggesting continued buyer interest as the summer market moves forward.
The luxury segment posted another strong month, with sales of homes priced at $1 million and above rising 17.1% year over year.
Overall pricing remained steady. The average home price increased 1.2% to $455,159, while the median home price essentially held at $345,000. The increase in the average price was influenced in part by stronger activity in the luxury segment and topped the previous peak of $449,556 set in June 2025.
“We’re seeing a little more breathing room on both sides of the transaction,” said HAR Chair Theresa Hill with Compass RE Texas, LLC - Houston. “Buyers are definitely still out there, and when the home is priced right, it’s moving. The difference now is they’re not feeling quite as rushed, because there are simply more homes to choose from.”
Housing Market Overview
In June, the Greater Houston housing market posted solid gains across key indicators. Sales of all property types totaled 10,181, up 2.6% from a year earlier, while total dollar volume increased 4.4% to $4.5 billion. Active listings rose 2.2% year over year to 59,970 properties.
Single-Family Homes Update
Single-family home sales moved higher in June, with 8,820 closings compared to 8,525 a year earlier, which is a 3.5% increase.
Prices showed only modest movement. The average price rose 1.2% to $455,159, while the median held steady at $345,000. Price per square foot slipped slightly, from $181 last June to $180 this year.
Homebuyers benefited from continued improvements in housing affordability in June. According to Freddie Mac, the average 30-year fixed mortgage rate declined to 6.49% from 6.82% one year earlier. For a buyer purchasing a median-priced home in Houston with a 20% down payment, that translated to an estimated savings of $65 per month in principal and interest compared to June 2025. Houston's affordability has improved on a year-over-year basis in 20 of the past 23 months, outpacing the national trend, where affordability improved in 14 of the past 22 months.
Homes continued to take a bit longer to sell, with Days on Market increasing to 52 days, up from 50 a year ago.
Inventory levels looked similar to recent months but remained higher than last year. Active listings rose 2.1% to 38,839 homes, while months of inventory edged up to 5.2. Nationally, inventory sits at 4.5 months, according to the National Association of Realtors.
Broken out by housing segments, single-family home sales performed as follows:
HAR also reports on existing single-family home sales, which rose 7.8% year over year in June, with 6,517 closings. The average price decreased 1.4% to $464,344, while the median price edged down 0.6% to $348,000.
HAR will publish its June 2026 Rental Market Update on Wednesday, July 15.
For HAR’s Monthly Activity Snapshot (MAS) of the June 2026 trends, please CLICK HERE to access a downloadable PDF file.
Townhome/Condominium Update
The townhome and condominium market cooled in June. Sales fell 9.3% year over year to 439 units, down from 484 last year. Prices also trended lower, with the average price slipping 2.0% to $256,885 and the median down 6.5% to $215,000.
Inventory continued to build, with active listings rising 4.6% from a year ago to 3,508 properties.
Houston Real Estate Highlights in June
•Single-family home sales increased 3.5% year over year.
•Pending sales rose 12.3%.
•Days on Market (DOM) for single-family homes increased from 50 to 52 days.
•The single-family median price was statistically flat at $345,000.
•The single-family average price increased 1.2% to $455,159.
•Single-family home inventory decreased slightly to a 5.2-months supply.
•Total property sales rose 2.6% to 10,181 units sold.
•Total dollar volume increased 4.4% to $4.5 billion.
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