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Houston Market Snapshot

2023 saw significant growth in housing inventory and moderation in pricing. The recent market shift has created more buyer-friendly, balanced market conditions not seen since the fall of 2020. Looking forward, any moderation in interest rates may restore consumer confidence and swing the pendulum back in favor of sellers.

$39,863,058,473

2023 Total Sales

$415,435

Average Sales Price - September 2024

4.4 Months

Months of Inventory - September 2024

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