Luxury has more choice, but contracts are still holding
You are watching rates and wondering if buyers have pulled back. Here is what the numbers actually say for the three months ending August 31, 2026.
New listings. More of them. Steady demand. That is the short version.
More homes came to market, and buyers kept showing up
The Real Estate Data Aggregator counted 1,735 new listings across Luxury in the three months ending August 31, 2026. That is up 4.8% from the same period a year ago. More sellers stepped in. That matters if you are buying: real choice is back.
Pending sales held at 1,406, down just 0.1% from a year before, according to the Real Estate Data Aggregator. Nearly flat. Demand did not disappear when supply grew.
The Real Estate Data Aggregator also showed homes for sale fell 4% to 1,505. More new listings came in, but overall inventory still tightened. That tells you homes are moving, not sitting.
Rates are real, and so is the pressure on pricing
Nationally, Realtor.com reported active listings topped 1.16 million homes in September. More choice everywhere, not just here.
Realtor.com also reported that 20.8% of listings nationally took a price cut in September, the highest share since October 2022. Not every home sold fast, and not every price held.
Rates are part of the story. The weekly average mortgage rate hit 7.4% on October 8, according to data reported by Redfin. CNBC reported Fannie Mae forecast the same 7.4% average for the fourth quarter of 2026. Buyers are feeling that. Pricing and prep still matter.
How each ZIP code read in the same period
The story is not the same in every corner of Luxury. The Real Estate Data Aggregator numbers show real differences.
| 77059 | 77062 | 77546 | 77573 | |
|---|---|---|---|---|
| Median sale price | $436,750 | $325,000 | $446,000 | $399,995 |
| Median days on market | 24 | 22 | 32 | 36 |
| Sale to list | 98.1% | 98.4% | 98.2% | 97.8% |
| Contracts in 2 weeks | 45.6% | 38.4% | 34.3% | 31.6% |
ZIP 77059 stood out. The Real Estate Data Aggregator counted a median of 24 days on market, and 45.6% of homes went under contract within two weeks of listing, up 21.5 points from a year before. Prices rose 6.5% to $436,750.
ZIP 77062 moved quickly too. Median days on market was 22, and the median sale price rose 8.3% to $325,000, per the Real Estate Data Aggregator.
ZIP 77546 saw the median price dip 14.2% to $446,000. Sales volume rose 17.6% though, and 34.3% of homes went under contract within two weeks. More buyers, lower price. That is a trade-off worth understanding before you list.
- 17706222 days
- 27705924 days
- 37758127 days
- 47754632 days
- 57757336 days
- 67705843 days
- 77758648 days
- 87751149 days
- 97751863 days
- 107756591 days
ZIP 77565 sat at the other end: 91 median days on market. Inventory there fell 27.5%, and pending sales jumped 55.9%. Things are moving, but slowly. Prep and price still decide the outcome.
ZIP 77518 had only 15 homes sold, down 40% from a year ago, with 8.4 months of supply. The Real Estate Data Aggregator counted 63 median days on market, up 31 days from last year. A small market that is taking longer.
What this means if you are buying or selling
- More new listings means real options for buyers.
- Pending sales nearly flat means demand held.
- Overall inventory fell, so well-priced homes still move.
- Rates at 7.4% mean buyers are doing the math carefully.
- Price cuts nationally at 20.8% say overpriced homes are paying for it.
- The three months ending August 31, 2026 showed Luxury with more fresh listings, nearly flat pending sales, and tighter overall inventory.
- Buyers have more to look at.
- Sellers who price and prepare well are still closing.
- One street can read very differently from the whole ZIP code.
These numbers cover the three months ending August 31, 2026. Your block, your street, your specific home may tell a different story. I am happy to pull the numbers that are actually closest to you.
Your next step
(281) 900-9663Text me your address and I will send back how your Luxury ZIP code is reading right now, against what homes near you actually sold for. Takes a day, costs nothing.
Text me- Real Estate Data Aggregator numbers for ZIPs 77573, 77586, 77059, 77062, 77058, 77565, 77518, 77546, 77581 and 77511, the three months ending August 31, 2026, compared with the same months of 2025. Real Estate Data Aggregator last updated them on Oct 7, 2026.
- Realtor.com: September 2026 Luxury Housing Report: Where Luxury Homes Get Top-Rated Elementary Schools, Oct 14, 2026
- Federal Housing Finance Agency: FHFA House Price Index® Up 0.3 Percent in July; Up 2.6 Percent from Last Year | FHFA, Sep 29, 2026
- Redfin: Housing Market Update: Asking Prices Fall For the First Time Since March, Oct 15, 2026
- Realtor.com: September 2026 Monthly Housing Trends: Price Cuts Hit 4-Year Highs as Mortgage Rates Top 7%, Sep 30, 2026
- CNBC: Fannie Mae sharply raises mortgage rate forecast for 2027, Oct 14, 2026