Homes in Northgate Forest have been taking much longer to sell in this rolling three-month view, with the median days on market at 118, up sharply from a year ago. Despite that slowdown in pace, days on market have actually shortened compared with early summer, suggesting some recent improvement in how quickly well-positioned homes go under contract.
Prices have moved higher even as the pace has cooled. The typical home value over the last three months is up notably year over year, rising more than 16 percent. At the same time, the median list price has climbed at a slower rate, and the average sale-to-list ratio has edged down to 96 percent, signaling that buyers often have room to negotiate. Notably, none of the recent sales closed above list price.
Inventory has expanded dramatically on a yearly basis, with months of supply increasing to 16 in Northgate Forest, far above Houston’s roughly six months, which points to stronger leverage for buyers locally. Active listings are higher than a year ago, yet homes sold over the rolling period have fallen by about one-third, highlighting a cooler demand environment. With more options, slower sales, and firm but negotiable pricing, having a knowledgeable expert is crucial, and Agent Pronto can connect both buyers and sellers with an agent who understands these conditions.
