Houston’s Spring Real Estate Bloom: What March 2025 Numbers Mean for You

March brought more than wildflowers to Houston — it brought a renewed sense of optimism in the real estate market. As the numbers from the Houston Association of Realtors (HAR) show, buyer interest is picking up, inventory is blossoming, and sellers are adjusting. But what does this all mean if you’re thinking about buying or selling in Houston right now?

Let’s break it down.

Sales Are Up — And Buyers Are Stepping Back In

Single-family home sales climbed 2.6% in March compared to last year, marking the strongest month since July 2024. Pending sales are also up 12.7% year-over-year — a solid sign that the momentum is carrying into spring.

What’s behind the shift? A few things:

Interest rates have been trending down, giving buyers some relief
More homes on the market means more options and less pressure
Price increases are modest, offering a more stable environment to buy in

If you’ve been sitting on the sidelines waiting for the right moment, this might just be it.

Inventory Hits a 14-Year High

There are now 32,866 active single-family listings — the most available homes in Houston since June 2011.

This growing supply is a huge win for buyers. Not only does it give you more choices, but it also means you may face less competition, more negotiating power, and a better chance of landing a home that truly fits your needs.

On the flip side, if you’re a seller, it’s more important than ever to price your home right and present it well — because buyers have options now.

Home Prices: Still Rising, But Slowly

Houston’s median home price in March hit $335,000, a 1.5% increase year-over-year. The average price jumped 3.7% to $427,221.

So yes, prices are still moving upward — but not in the sky-high leaps we’ve seen in past years. This slower appreciation is healthy and reflects a market that’s finding balance. Buyers aren’t overpaying, and sellers are still seeing value.

The Luxury Market is Hot

Homes priced $1 million and up saw a 26.9% surge in sales compared to March 2024 — the highest growth among all price segments. That’s a clear signal that high-end buyers are back, and they’re ready to make deals.

If you’re selling in this bracket, now could be a prime time to list.

What It Means If You’re Buying

More choices: The highest inventory in over a decade gives you the upper hand.
Room to negotiate: Homes are sitting a bit longer — 62 days on average, up from 55 — which means sellers may be more flexible.
Interest rates are easing: Lower rates mean more manageable monthly payments and stronger buying power.

👉 Pro tip: Don’t wait too long. The spring surge is coming, and more buyers will likely jump in over the next few weeks.

What It Means If You’re Selling

Yes, buyers are back, but they’re savvy and selective. You’ll need the right strategy to stand out.
Presentation and pricing are everything. Homes that show well and hit the right price point are still moving — especially in that sweet $250K–$500K range.
Expect some negotiation. With more homes on the market, buyers will ask for concessions. Stay flexible, and lean on your agent for guidance.

Condos and Townhomes? Slower Season

Sales in the townhome and condo market fell 21.9% year-over-year, with prices also dipping slightly. But inventory rose to a 6.9-months supply, offering more variety for those looking for low-maintenance living or an entry point into the market.

For investors, this could mean opportunities to snag deals — especially if units are sitting longer.

The Market Is Balancing — And That’s a Good Thing

After years of extreme shifts, the Houston market is finally showing signs of stability. That means fewer bidding wars, more room to breathe, and a greater chance of making a smart real estate decision — whether you’re buying, selling, or investing.

Ready to talk strategy?

Let’s chat about what this market means for your specific goals — and how to make your next move with confidence.