Methodology

Data foundation

RealtyDecode produces Houston residential market research using data sourced from the Houston Association of REALTORS® (HAR) MLS. Published figures are analytical summaries and may be revised as underlying market information is updated.

Public research is designed to communicate aggregate market patterns rather than reproduce listing-level content. Data use and presentation are subject to applicable data-use requirements, privacy obligations and brokerage policies.

Comparison standards

To keep comparisons meaningful, RealtyDecode applies consistent property-type, geography, date-range and sample-quality standards.

Headline residential metrics generally focus on single-family homes, townhomes and condominiums. Incomplete calendar months are excluded from historical trend comparisons, and results based on insufficient samples may be withheld or qualified.

Results can vary depending on the selected geography, property type, price range, time period and composition of homes sold.

Key definitions

• Median sold price and price per square foot. The median value among qualifying closed residential sales in the stated period.
• Days on market. The reported marketing period for qualifying closed sales.
• Sale-to-original-list ratio. Sold price divided by the original listed price.
• Months of supply. Available inventory compared with the recent pace of qualifying sales.
• Gross rental yield. An indicative annualized rent-to-price comparison. It does not account for taxes, insurance, maintenance, vacancy, financing or management expenses.

Verification and limitations

Published analysis is reviewed for consistency between the written claims, applicable time period and supporting calculations.

Market information is considered reliable but is not guaranteed and should be independently verified. RealtyDecode research is provided for general informational purposes and does not constitute an appraisal, guarantee of value, legal advice, tax advice or individualized investment advice.

Property-specific decisions should consider current market conditions, property characteristics and the client’s individual circumstances.

Source: Houston Association of REALTORS® (HAR) MLS. Analysis and aggregate presentation by RealtyDecode.

See also our disclaimer and the research team.