09/04/2026
I knew Houston had a lot of homes for sale. I didn’t realize HOW unusual the numbers were until I pulled 10 years of HAR MLS data. 👀
In August 2026, my Matrix report showed 51,374 active single-family listings.
For perspective, in August 2021 there were only 17,969.
That’s nearly 3X the inventory.
But here’s where the story gets even more interesting: while inventory has surged, August closings fell about 15% compared with last year.
So… where have the buyers gone?
They haven’t disappeared. Nearly 6,900 homes still sold in August. But buyers have considerably more choices, they’re taking more time, and sellers are competing harder for their attention.
I dug into 10 years of HAR MLS data to understand what’s really happening, and the full picture is much more nuanced than “the market is crashing” or “buyers are gone.”
I broke down everything I found in my new blog, “Where Have the Buyers Gone?” including what this means for buyers, sellers, and why these huge Houston numbers don’t necessarily tell us what’s happening in your individual neighborhood.
Want to read the full blog? DM me “BLOG” and I’ll send you the link.
And I’m curious: Are you seeing this slowdown in your neighborhood too?
