New home sales in Houston increased to 2,169 in May from 1,958 in April, with homes selling near asking price at a 95.34% sales-to-list ratio. The average new home price dropped to $398,646, down $4,355 from April but still over $5,000 higher than last year. Average days on market improved slightly to 108.9 days, though still longer than a year ago. Sales are expected to remain strong if interest rates hold steady.