Fri Jul 01 2022
This week the median list price for Houston, TX 77006 is $849,000 with the market action index hovering around 44. This is about the same as last month's market action index of 44. Inventory has increased to 49.
This answers “How’s the Market?” by comparing rate of sales versus inventory.
Slight Seller's Advantage
|Median List Price||$849,000|
|Median Price of New Listings||$792,450|
|Per Square Foot||$329|
|Average Days on Market||108|
|Median Days on Market||35|
|Slight Seller's Advantage|
Prices in this zip code have been on a downward trend in the last few weeks and this week, while essentially flat, doesn’t break us out of that cycle.
Each segment below represents approximately 25% of the market ordered by price.
|Median Price||Sq. Ft.||Lot Size||Beds||Bath||Age||New||Absorbed||DOM|
|$1,775,000||4,317||6,500 - 8,000 sqft||4||3.5||82||0||1||56|
|$1,005,400||3,147||0 - 4,500 sqft||3||3.5||18||2||2||42|
|$744,444||2,383||0 - 4,500 sqft||3||3.3||29||1||3||35|
|$672,384||2,355||0 - 4,500 sqft||3||3.5||19||1||2||21|