Roger Martin Properties' Market Report

Houston, TX 77006

Single-Family Homes

www.rogermartinproperties.com | 713-661-2300 | roger@rogermartin.com



Houston, TX 77006

Fri Oct 30 2020
This week the median list price for Houston, TX 77006 is $731,500 with the market action index hovering around 28. This is an increase over last month's market action index of 27. Inventory has held steady at or around 88. Click here to stay informed with the Houston market!

Market Action Index

This answers “How’s the Market?” by comparing rate of sales versus inventory.

Slight Buyer's Advantage

Home sales have begun exceeding new inventory. This is a Buyer’s market so prices are not yet moving higher as excess inventory is consumed. If the tightening continues and the market moves into the Seller’s zone, we may see upward pressure on pricing.

Houston, TX 77006

Fri Oct 30 2020
This week the median list price for Houston, TX 77006 is $731,500 with the market action index hovering around 28. This is an increase over last month's market action index of 27. Inventory has held steady at or around 88. Click here to stay informed with the Houston market!

Market Action Index

This answers “How’s the Market?” by comparing rate of sales versus inventory.

Slight Buyer's Advantage

Home sales have begun exceeding new inventory. This is a Buyer’s market so prices are not yet moving higher as excess inventory is consumed. If the tightening continues and the market moves into the Seller’s zone, we may see upward pressure on pricing.

Real-Time Market Profile

Never miss important changes in the Houston market.
Median List Price $731,500
Per Square Foot $259
Days on Market 160
Price Decreased 51%
Price Increased 0%
Relisted 13%
Inventory 88
Median Rent $2,699
Most Expensive $3,250,000
Least Expensive $485,000
Market Action 28
Slight Buyer's Advantage

Each segment below represents approximately 25% of the market ordered by price.