Houston Real Estate Market Balances Rising Closings and Tighter Inventory

HOUSTON, TX – June 17, 2025 – This past week, the Houston housing market showed signs of tighter supply but stronger movement on the buyer side. With closings up and inventory slipping, we’re entering a classic summer squeeze — and both sides of the market need to act thoughtfully.

Let’s look at the numbers and what they mean for you.

📊 Market Snapshot (June 10–16, 2025)

• New Listings: 5,391 (⬇ 5.60%)

• Pending Sales: 3,696 (⬆ 0.19%)

• Closings: 2,834 (⬆ 12.50%)

• Median Sold Price: $360,000 (⬇ 3.48%)

• Days on Market (DOM): 56 (⬆ 3.01%)

• 30-Year Fixed Mortgage Rate: 6.91% (⬇ 0.86%)

🏠 New Listings – 5,391 (⬇ 5.60%)

This dip in new inventory suggests sellers may be pulling back slightly as summer unfolds. That can give existing listings a bit more visibility, but buyers will need to be quicker on the draw as selection narrows.

✅ Closings – 2,834 (⬆ 12.50%)

Closings picked up significantly, showing that contracts written weeks ago are moving to the finish line. This signals strong follow-through in buyer activity and healthy transaction flow.

📋 Pending Sales – 3,696 (⬆ 0.19%)

Pending contracts remained flat but positive. Buyers are still active, but the pace is stable rather than surging. Expect slight fluctuations week to week as rates and supply shift.

💰 Median Sold Price – $360,000 (⬇ 3.48%)

After last week’s price jump, we saw a correction. While still healthy, this pullback gives buyers more room to negotiate, and sellers should price realistically to stay competitive.

⏱️ Days on Market – 56 (⬆ 3.01%)

Homes are taking just a bit longer to sell. As inventory tightens and buyers grow more selective, strong presentation and responsive pricing will make all the difference.

📉 30-Year Mortgage Rate – 6.91% (⬇ 0.86%)

Rates dipped again this week, giving buyers slightly more leverage on monthly payments. While we’re still near the 7% mark, even minor drops help ease affordability concerns.

💡 Alaina’s Pro Tip of the Week

Closings rose and pending sales held steady, even with fewer new listings. Buyers should act before inventory tightens again, and sellers can use pricing strategies to stay competitive.

🔍 What This Means for You

The market remains balanced — not too hot, not too cold — but timing is everything. Buyers who delay may find fewer homes to choose from, and sellers should prepare to stand out with clean presentation and a smart list price.

Real estate success this season hinges on strategy, preparation, and timing.

📞 Let’s Talk Strategy

Whether you’re looking to buy while rates stay low or list while demand remains strong, now’s the time to talk through your goals.

📲 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 insights to help you move with confidence.