Tue Mar 28 2023
This week the median list price for Houston, TX 77006 is $1,009,945 with the market action index hovering around 33. This is less than last month's market action index of 34. Inventory has increased to 54.
This answers “How’s the Market?” by comparing rate of sales versus inventory.
Slight Seller's Advantage
|Median List Price||$1,009,945|
|Median Price of New Listings||$1,200,000|
|Per Square Foot||$354|
|Average Days on Market||136|
|Median Days on Market||105|
|Slight Seller's Advantage|
We continue to see prices in this zip bounce around these current levels. Look for a persistent change in the Market Action Index before we see prices deviate significantly from here.
Each segment below represents approximately 25% of the market ordered by price.
|Median Price||Sq. Ft.||Lot Size||Beds||Bath||Age||New||Absorbed||DOM|
|$1,890,000||4,451||8,000 - 10,000 sqft||4||4.5||16||2||0||49|
|$1,325,000||3,686||4,500 - 6,500 sqft||4||4||10||2||0||168|
|$787,445||2,749||0 - 4,500 sqft||3||3||52||0||1||108|
|$654,000||2,641||0 - 4,500 sqft||3||3.5||21||3||1||133|