Houston Real Estate Market Sees Price Surge and Rising Inventory

HOUSTON, TX – June 10, 2025 – The first full week of June brought a mix of opportunity and adjustment for Houston’s real estate market. With rising inventory and a sharp increase in median price, buyers and sellers alike are navigating a dynamic early-summer landscape.

Let’s break it down to see what this means for your next move.

📊 Market Snapshot (June 3 – June 9, 2025)

• New Listings: 5,711 (⬆ 8.62%)

• Pending Sales: 3,689 (⬇ 7.26%)

• Closings: 2,519 (⬇ 44.41%)

• Median Sold Price: $372,990 (⬆ 6.60%)

• Days on Market (DOM): 55 (⬇ 2.42%)

• 30-Year Fixed Mortgage Rate: 6.97% (⬆ 0.14%)

🏠 New Listings – 5,711 (⬆ 8.62%)

Inventory continues to grow, offering more options for buyers across all price ranges. More listings also mean more competition for sellers — pricing and presentation are critical.

✅ Closings – 2,519 (⬇ 44.41%)

After last week's spike, closings returned to a more typical pace. The drop doesn’t signal a market slowdown — rather, it's a reflection of shifting transaction timelines and the natural ebb and flow of activity.

📋 Pending Sales – 3,689 (⬇ 7.26%)

Fewer homes went under contract this week, possibly due to increased prices and cautious buyers watching interest rates. That said, the overall volume remains strong for June, and motivated buyers are still in the game.

💰 Median Sold Price – $372,990 (⬆ 6.60%)

Prices made a significant jump this week, suggesting that quality homes are still commanding top dollar. This surge is great news for sellers — and a nudge for buyers to act before affordability shifts again.

⏱️ Days on Market – 55 (⬇ 2.42%)

Homes are moving slightly faster again, signaling that well-prepared and well-priced listings are attracting attention quickly. In a market like this, early momentum can make all the difference.

📉 30-Year Mortgage Rate – 6.97% (⬆ 0.14%)

Rates ticked up slightly but remain stable overall. While still under 7%, even small changes in mortgage rates can impact buying power — and buyers are paying close attention.

💡 Alaina’s Pro Tip of the Week

Inventory grew and prices jumped, even as pending sales dipped. Buyers should be strategic and act fast, while sellers can benefit from high list-to-close potential.

🔍 What This Means for You

We’re seeing a healthy, active market that’s balancing buyer caution with seller opportunity. Price-sensitive buyers will need to act quickly and work closely with their lender. Sellers can seize the moment by listing now and presenting their homes at their best.

Whether you're buying or selling, understanding the market conditions — and staying a step ahead — makes all the difference.

📞 Let’s Talk Strategy

If you’ve been waiting for the right moment to move, now is the time to plan your strategy. Let’s navigate Houston’s summer market together with confidence and clarity.

📲 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 more local insight and guidance!