I am focusing on the numbers that affect offer strategy and timing.
If you are trying to buy in Harris County, TX, the real question is how much room you have before a home gets expensive to compete for. Last month, the typical sale was $315,000 and the average sale took 32 days, which tells me you still have time to think, but not enough time to hesitate.
The typical sale in Harris County, TX was $315,000 last month. I see that as a useful anchor, because it tells me the market is still clearing at a price point that buyers can plan around instead of reacting to every new listing.
I also keep 4.45 months of inventory in view. That level of supply gives buyers more breathing room than a very tight market, but it still rewards clean decisions and fast follow-through when the right home shows up.
Get prepped before you start touring. Narrow your price range early. Move quickly when a property fits, but do not chase a home just because it has been sitting for a few extra days.
