What does a Sold Score of 39 mean in Houston-Pasadena-The Woodlands?

A Sold Score of **39/100** in Houston-Pasadena-The Woodlands (May 2026) puts the market in the **"Challenging Market Conditions"** band. The bands work like this: - **80–100** Excellent Chance of Selling — strong demand, tight inventory - **60–79** Good Chance of Selling — balanced, leaning seller - **40–59** Fair Chance of Selling — balanced, pricing matters - **30–39** Challenging Market Conditions — buyers have leverage - **0–29** Difficult Selling Environment — listings sit, price cuts are common The current score is driven by pending ratio of 0.33, inventory up +3.5% YoY, 49 median days on market, 29.8% of listings reducing price. Pending ratio carries 60% of the weight; inventory, days on market, and price reductions each contribute the remainder. — Live indicators (May 2026): Sold Score: 39/100 (Challenging Market Conditions) · Pending ratio: 0.33 · Inventory YoY: +3.5% · Median days on market: 49 · Sellers cutting price: 29.8% · Median listing price: $362,265 (-3.4% YoY)