{"id":405663,"date":"2026-08-13T17:44:11","date_gmt":"2026-08-13T17:44:11","guid":{"rendered":"https:\/\/www.newsbeep.com\/us-tx\/405663\/"},"modified":"2026-08-13T17:44:11","modified_gmt":"2026-08-13T17:44:11","slug":"houstons-active-inventory-hits-all-time-high-in-july","status":"publish","type":"post","link":"https:\/\/www.newsbeep.com\/us-tx\/405663\/","title":{"rendered":"Houston\u2019s active inventory hits all-time high in July"},"content":{"rendered":"<p>Houston housing inventory hit an all-time high in July as homebuyers had 40,750 properties to choose from during the month, according to the latest Housing Market Update from the <a href=\"https:\/\/www.har.com\/content\/department\/newsroom?pid=2243\" target=\"_blank\" rel=\"noopener nofollow\">Houston Association of REALTORS\u00ae<\/a>.<\/p>\n<p>That quantity was the highest HAR has ever recorded, and up 3.4% from <a href=\"https:\/\/houstonagentmagazine.com\/2025\/08\/14\/har-monthly-market-update-july-2025\/\" rel=\"nofollow noopener\" target=\"_blank\">July 2025<\/a>.<\/p>\n<p>Buyers maintained a steady pace amid increased home shopping options, with 8,340 single-family home sales during the month, a 1.6% annual increase.<\/p>\n<p>Meanwhile, home prices were stable, with the average rising 1.9% year over year to $440,816 and the median ticking up 0.6% to $340,000.<\/p>\n<p>Given the rate of sales, Houston had a 5.5-month inventory, up from 5.4 months a year prior. That\u2019s well within a balanced market range.<\/p>\n<p>\u201cWe\u2019re seeing a more balanced market take shape across Houston,\u201d said HAR Chair Theresa Hill. \u201cFor buyers, that means more opportunities and more flexibility than they\u2019ve had in quite some time. That\u2019s a positive shift and one that could benefit both buyers and sellers as the year moves forward.\u201d<\/p>\n<p>Affordability improved, marking the 21st month in the past two years with an annual improvement. Nationally, affordability improved in just 15 of the last 24 months.<\/p>\n<p>Given a 6.54% mortgage rate and a <a href=\"https:\/\/houstonagentmagazine.com\/2024\/06\/24\/a-down-payment-of-just-20-may-be-a-thing-of-the-past-zillow-says\/\" rel=\"nofollow noopener\" target=\"_blank\">20% down payment<\/a>, Houston households saved $250 per year on principal and interest compared to last July.<\/p>\n<p>Existing-home sales<\/p>\n<p>Looking only at existing-home sales (excluding <a href=\"https:\/\/houstonagentmagazine.com\/2026\/08\/07\/new-construction-survey-2\/\" rel=\"nofollow noopener\" target=\"_blank\">new construction<\/a>), sales increased 4.6% year over year while the average price rose 2.1% to $453,435 and the median rose 1.5% to $345,000.<\/p>\n<p>Townhomes and condominiums<\/p>\n<p>Among for-sale townhomes and condominiums, sales declined 9% year over year with 425 transactions while active listings increased 4.6% to 3,631.<\/p>\n<p>Sales prices declined \u2014 the average fell 2.4% to $260,987 and the median dropped 3.7% to $211,000.<\/p>\n<p>Given the rate of sales, Houston\u2019s townhome and condominium market had a 9.1-month inventory in July, meaning buyers had a considerable upper hand over sellers.<\/p>\n","protected":false},"excerpt":{"rendered":"Houston housing inventory hit an all-time high in July as homebuyers had 40,750 properties to choose from during&hellip;\n","protected":false},"author":2,"featured_media":405664,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[7],"tags":[27690,56,24716,58,64829,57,50989,51001,56090],"class_list":["post-405663","post","type-post","status-publish","format-standard","has-post-thumbnail","category-houston","tag-har","tag-houston","tag-houston-association-of-realtors","tag-houston-headlines","tag-houston-home-sales","tag-houston-news","tag-houston-real-estate","tag-sc","tag-theresa-hill"],"_links":{"self":[{"href":"https:\/\/www.newsbeep.com\/us-tx\/wp-json\/wp\/v2\/posts\/405663","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.newsbeep.com\/us-tx\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.newsbeep.com\/us-tx\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/us-tx\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/us-tx\/wp-json\/wp\/v2\/comments?post=405663"}],"version-history":[{"count":0,"href":"https:\/\/www.newsbeep.com\/us-tx\/wp-json\/wp\/v2\/posts\/405663\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/us-tx\/wp-json\/wp\/v2\/media\/405664"}],"wp:attachment":[{"href":"https:\/\/www.newsbeep.com\/us-tx\/wp-json\/wp\/v2\/media?parent=405663"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.newsbeep.com\/us-tx\/wp-json\/wp\/v2\/categories?post=405663"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.newsbeep.com\/us-tx\/wp-json\/wp\/v2\/tags?post=405663"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}