Houston Real Estate Surges as Summer Heats Up

HOUSTON, TX – July 1, 2025 – Houston’s real estate market came roaring into the summer season with a burst of activity. This past week saw one of the sharpest increases in closings we’ve reported in recent months, alongside continued momentum in pending sales and a slight dip in mortgage rates — creating a prime window for both buyers and sellers.

📊 Market Snapshot (June 24–30, 2025)

• New Listings: 5,416 (⬆ 1.42%)

• Pending Sales: 4,352 (⬆ 18.33%)

• Closings: 4,352 (⬆ 57.23%)

• Median Sold Price: $350,000 (⬇ 2.23%)

• Days on Market (DOM): 59 (⬆ 6.06%)

• 30-Year Fixed Mortgage Rate: 6.72% (⬇ 2.04%)

🏠 New Listings – 5,416 (⬆ 1.42%)

Inventory grew slightly this week, offering buyers more variety just as demand picked up. While modest, this increase is a good sign for anyone looking to enter the market without facing extreme competition.

✅ Closings – 4,352 (⬆ 57.23%)

A major spike in closings reflects a wave of deals reaching the finish line. This surge signals strong buyer follow-through and a high level of market confidence — a key indicator of summer strength.

📋 Pending Sales – 4,352 (⬆ 18.33%)

Pending contracts also rose significantly, confirming that buyer activity isn’t slowing. Whether driven by falling interest rates or seasonal urgency, demand remains high.

💰 Median Sold Price – $350,000 (⬇ 2.23%)

Slight price moderation this week could give buyers more room to negotiate. Sellers should stay flexible and price competitively to keep their listings attractive in a fast-moving market.

⏱️ Days on Market – 59 (⬆ 6.06%)

Homes are taking just a bit longer to sell. With more listings available, buyers are taking time to compare — making good marketing and proper pricing even more important.

📉 30-Year Mortgage Rate – 6.72% (⬇ 2.04%)

Rates dropped meaningfully this week, providing some relief for buyers. This dip could help offset rising home costs and improve affordability in key price segments.

💡 Alaina’s Pro Tip of the Week

Closings and pending sales surged this week, showing strong summer demand. Sellers should act quickly to take advantage, while buyers can benefit from falling mortgage rates and increased options.

🔍 What This Means for You

The summer market is officially in motion. With rates dipping and deals closing fast, buyers should get pre-approved and be ready to move. Sellers can take advantage of peak buyer energy by preparing their homes and pricing smartly from the start.

This is a moment where timing and preparation can lead to standout results.

📞 Let’s Talk Strategy

Whether you’re buying or selling this summer, I’m here to help you take full advantage of Houston’s dynamic market.

📲 Alaina Segovia, REALTOR®
Martin and Black Real Estate – Houston
📞 (832) 921-0506
🌐 www.alainasegovia.com

Stay tuned for next week’s update, and follow for expert insights, pricing trends, and tips to help you make confident real estate moves.