Houston Market Sees Pullback as Summer Nears

HOUSTON, TX – May 27, 2025 – After weeks of steady movement, the Houston real estate market saw a measurable slowdown last week. Across the board, we observed drops in new listings, closings, and pending sales. While this may seem like a downturn, moments like these often open unique windows of opportunity — especially for serious buyers and sellers who are prepared to act strategically.

Let’s take a closer look at what’s happening in the market.

📊 Market Snapshot (May 20–26, 2025)

• New Listings: 5,034 (⬇ 14.21%)

• Pending Sales: 3,557 (⬇ 10.92%)

• Closings: 2,680 (⬇ 10.82%)

• Median Sold Price: $350,000 (⬇ 1.41%)

• Days on Market (DOM): 55 (⬇ 2.29%)

• 30-Year Mortgage Rate: 7.02% (⬆ 1.45%)

🏠 New Listings – 5,034 (⬇ 14.21%)

This is the biggest dip in inventory we’ve seen in weeks. Whether it's seasonal pacing or rate-related hesitation, fewer new listings mean less competition for sellers — and tighter options for buyers who are still looking.

✅ Closings – 2,680 (⬇ 10.82%)

Fewer deals reached the finish line this week. This could be a reflection of earlier buyer caution or delayed decisions, but it also suggests that those who are closing are doing so with purpose.

📋 Pending Sales – 3,557 (⬇ 10.92%)

A drop in pending contracts confirms that buyer urgency softened. That said, the buyers who are writing offers right now are likely well-qualified and ready to move — which can be great news for sellers.

💰 Median Sold Price – $350,000 (⬇ 1.41%)

Prices dipped slightly, giving buyers a little more breathing room. Sellers, this doesn’t mean you’re at a disadvantage — it just highlights how critical it is to price accurately and showcase your home well.

⏱️ Days on Market – 55 (⬇ 2.29%)

Surprisingly, homes sold a bit faster despite the market slowdown. This suggests that well-positioned homes are still moving — especially when priced competitively.

📉 30-Year Mortgage Rate – 7.02% (⬆ 1.45%)

This is the biggest rate jump we’ve seen in a while, and it's likely one reason buyer activity slowed. However, those who need to move are still watching closely and acting fast when the right deal comes up.

💡 Alaina’s Pro Tip of the Week

Activity cooled across the board this week, but that doesn’t mean the opportunity is gone. Fewer listings and fewer buyers can actually benefit serious movers. Buyers should be watching for motivated sellers and have their financing ready. Sellers should price strategically and be ready to negotiate in a tighter market.

🔍 What This Means for You

When volume slows but inventory and interest are still present, the playing field levels out. Serious buyers face less competition, and sellers have a chance to stand out with the right pricing, timing, and presentation.

If you’re buying, don’t wait for the “perfect” moment — it may already be here in disguise. If you’re selling, align your price with what the market can bear and highlight what makes your home stand out.

📞 Ready to Strategize?

Navigating market shifts can be overwhelming, but you don’t have to do it alone. Whether you're buying, selling, or just want a clearer picture of your home’s value, I’m here to help you move forward with confidence.

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