Inventory in Lawndale/Wayside has tightened in this rolling three-month view, with active listings down more than 8% from a year ago to 49 homes. New listings have fallen even more sharply, dropping over 20% year over year, which limits fresh options for buyers. Despite leaner supply, sales are holding steady, with homes sold up slightly compared with the same period last year.
Contract activity shows a mixed picture, as pending sales are down more than 13% year over year even while closings have edged higher. Homes are taking much longer to go under contract than they did a year ago, with the median days on market jumping to 37 days and rising dramatically compared with last year. Months of supply has also climbed to 5.3, up more than 80% year over year, signaling conditions that are closer to balance than in the past.
Prices are reacting in a measured way to these shifts. The typical home value in Lawndale/Wayside is up modestly from a year ago, while the median list price has grown at a faster pace, rising nearly 10% year over year. Only a small share of homes are selling above list, and the average sale-to-list ratio is just under 100%, suggesting limited bidding wars. Compared with Houston overall, Lawndale/Wayside has lower typical sale prices and similar months of supply, which may appeal to budget-conscious buyers. Buyers and sellers who want to navigate these evolving conditions can use Agent Pronto to connect with a local agent who knows this market well.
