Top Mega Teams in Houston, Texas – Ranked by Sides

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    • Rank – City SidesTeam NameCompanyLocationSidesProfile
    1Urban Properties GroupCompassHouston, TX 803.0View Profile
    2Energy RealtyEnergy RealtyHouston, TX 595.0View Profile
    3CitiQuest PropertiesCitiQuest PropertiesHouston, TX 406.0View Profile
    4The Bridge GroupeXp RealtyHouston, TX 223.0View Profile
    5Cityside Properties GroupeXp RealtyHouston, TX 194.0View Profile
    6Uptown Real Estate GroupKeller WilliamsHouston, TX 163.2View Profile
    7Found Realty GroupeXp RealtyHouston, TX 143.0View Profile
    8Cash Flow GroupeXp RealtyHouston, TX 140.0View Profile
    9Loyal Texas PropertiesLPT RealtyHouston, TX 114.0View Profile
    10Proagent GroupeXp RealtyHouston, TX 102.0View Profile

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    2023 Houston, Texas Housing Market Summary

    Houston, Texas started 2023 with a total of 4,439 single-family homes on the market, with a median home price of $359,000 and an average price per square foot of $217. By the end of the year, inventory had increased to 5,388 homes on the market (+21%), with a median home price of $359,000 (+0%) and an average price per square foot of $223 (+2%).

    At the start of 2023, the median days on market (DOM) was 77 days – by the end of the year, median DOM had remained the same at 77 days.

    Houston started the year with 43% of homes taking a price cut (for reference, 35% is the national average for price reductions in a ‘normal’ year.) By the end of the year, about 41% of Houston homes for sale had taken a price cut.

    Finally, Altos’ proprietary Market Action Index (MAI) shows that Houston started 2023 as a seller’s market, with an MAI score of 40; by the end of the year, the MAI had dropped to 34 – a balanced buyer and seller’s market.

    This market summary is powered by Altos Research – click here to run a free report for your area.

    Housing Market News

    AdobeStock_250556333

    Lower mortgage rates attracting more homebuyers 

    Sep 16, 2024By

    An often misguided premise I see on social media is that lower mortgage rates are doing nothing for housing demand. That’s ok — very few people are looking at the data without an agenda. However, the point of this tracker is to show you evidence that lower rates have already changed housing data. So, let’s […]

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