Houston Real Estate Market Charges Into June with Major Surge in Closings

HOUSTON, TX – June 3, 2025 – As we turn the corner into June, Houston’s real estate market just delivered its strongest performance in weeks. A surge in closings, solid gains in pending contracts, and a boost in new listings all point to early summer strength — and opportunity.

Let’s take a closer look at what happened and what it means for buyers and sellers right now.

📊 Market Snapshot (May 27 – June 2, 2025)

• New Listings: 5,258 (⬆ 4.45%)

• Pending Sales: 3,978 (⬆ 11.84%)

• Closings: 4,531 (⬆ 69.07%)

• Median Sold Price: $349,900 (⬇ 0.03%)

• Days on Market (DOM): 56 (⬆ 1.03%)

• 30-Year Fixed Mortgage Rate: 6.96% (⬇ 0.85%)

🏠 New Listings – 5,258 (⬆ 4.45%)

Inventory continues to grow, which is good news for buyers hoping for more options and negotiating room. Sellers are entering the market with confidence as summer kicks off.

✅ Closings – 4,531 (⬆ 69.07%)

This dramatic jump in closings tells us a lot — buyers aren’t waiting. Contracts written earlier in the spring are now finalizing at high volume, showing strong follow-through and market confidence.

📋 Pending Sales – 3,978 (⬆ 11.84%)

The pipeline of homes going under contract is growing. This steady increase in demand means buyers are staying active and motivated, even with slight mortgage rate fluctuations.

💰 Median Sold Price – $349,900 (⬇ 0.03%)

A minor price dip this week keeps the median just below $350K. This signals pricing stability, which helps buyers plan and reassures sellers that demand remains healthy.

⏱️ Days on Market – 56 (⬆ 1.03%)

Homes are taking just a touch longer to sell — likely due to increasing inventory giving buyers more to choose from. Sellers, make sure your home stands out quickly with competitive pricing and strong presentation.

📉 30-Year Mortgage Rate – 6.96% (⬇ 0.85%)

Rates dipped below 7% again, giving buyers some breathing room. That drop may have contributed to the boost in activity, and it’s a great reminder that timing your loan lock matters.

💡 Alaina’s Pro Tip of the Week

Closings surged and pending sales gained traction, signaling strong summer momentum. Buyers should act before competition ramps up, and sellers should list while demand is rising.

🔍 What This Means for You

This is one of the strongest signals we’ve seen in months that the market is heating up. Sellers have more reason than ever to list confidently, while buyers should be mindful of growing competition in popular price ranges.

A well-prepared home, priced right, has a high chance of success right now. And for buyers, acting before mortgage rates or prices climb again could be a smart move.

📞 Let’s Talk Strategy

Whether you're preparing to sell or are trying to land the right property before competition spikes, a custom plan can make all the difference. Let’s find your edge in this market.

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