Houston Market Movements

Falling oil prices are taking a toll on Houston real estate as we glide into the new year, but most agree that the market has enough employment diversity to weather the storm. 

In the Houston region, for the week ending January 3:

  • New Listings decreased 41.6% to 724
  • Pending Sales decreased 17.0% to 728
  • Closed Sales increased 9.0% to 1,791