Houston Real Estate Market Sees Steady Strength as Summer Nears

HOUSTON, TX – May 20, 2025 – The Houston real estate market continued its forward momentum last week with growing inventory, rising closings, and a gentle dip in mortgage rates. For both buyers and sellers, these shifts signal a market that’s moving — not wildly, but with steady, strategic pace. If you’ve been waiting for the right moment to take action, this might just be it.

Let’s break it down.

📊 This Week’s Market Snapshot (May 13–19, 2025)

• New Listings: 5,868 (⬆ 6.04%)

• Pending Sales: 3,993 (⬆ 0.13%)

• Closings: 3,005 (⬆ 16.34%)

• Median Sold Price: $355,000 (no change)

• Days on Market (DOM): 57 (⬆ 3.50%)

• 30-Year Fixed Mortgage Rate: 6.92% (⬇ 0.29%)

🏠 New Listings – 5,868 (⬆ 6.04%)

Buyers, take note: inventory is rising. Nearly 6,000 new listings hit the Houston market last week, giving you more room to breathe and more options to explore. For sellers, this increase means competition is heating up — so now is the time to make sure your property stands out.

✅ Closings – 3,005 (⬆ 16.34%)

This jump in closings shows that buyers are serious. These are contracts that likely began a few weeks ago and are now wrapping up — meaning activity has been sustained even as mortgage rates have fluctuated. If you’re on the fence, this trend says people are still making moves.

📋 Pending Sales – 3,993 (⬆ 0.13%)

Pending sales barely moved this week, staying essentially flat. That’s not a red flag — it means demand is stable. Buyers are watching closely and still committing, but with more inventory coming online, they may be taking a bit more time to make the right call.

💰 Median Sold Price – $355,000 (no change)

The median price held firm, offering a welcome sign of stability in a fast-moving season. For buyers, this means predictable pricing. For sellers, it means your home can still demand full value — but only if it’s priced right and well presented.

⏱️ Days on Market – 57 (⬆ 3.50%)

We’re seeing homes sit just a little longer this week, climbing to 57 days on average. This isn’t cause for concern — it’s actually expected as more listings hit the market. Buyers now have more to choose from, and they’re taking their time. Sellers, be ready to impress quickly.

📉 30-Year Mortgage Rate – 6.92% (⬇ 0.29%)

After climbing last week, rates eased slightly. While we’re still hovering near 7%, this small drop may give rate-sensitive buyers some relief. If rates are a major factor for you, locking in now could give you a favorable edge.

💡 Alaina’s Pro Tip of the Week

Closings jumped and new listings rose this week, giving buyers more options. With stable prices and a slight dip in mortgage rates, now is a good time to act. Sellers should expect homes to take a little longer to sell and focus on smart pricing and presentation.

🔮 What This Means for You

The Houston market is pacing itself — and that’s a good thing. It’s not surging out of control, and it’s not stalling. It’s healthy, with consistent movement and opportunities on both sides.

Buyers, your window is open. You’ve got more listings to explore and slightly better financing conditions. Sellers, the momentum is still in your favor — but pricing and presentation matter more than ever.

📞 Let’s Talk Strategy

Whether you're considering your first home, moving into something new, or thinking about listing your property this season, now’s the time to get clarity and direction. Houston’s market is dynamic, and with the right guidance, you can move with confidence.

Reach out today for a personalized market strategy.

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

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