Roger Martin Properties' Market Report

Houston, TX 77006

Single-Family Homes

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



Houston, TX 77006

Sat Dec 03 2022
This week the median list price for Houston, TX 77006 is $825,000 with the market action index hovering around 33. This is about the same as last month's market action index of 33. Inventory has decreased to 69. 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 Seller's Advantage

While the Market Action Index shows some strengthening in the last few weeks, prices have not seemed to move from their plateau. Should the upward trend in sales relative to inventory continue, expect prices to resume an upward climb in tandem with the MAI.

Houston, TX 77006

Sat Dec 03 2022
This week the median list price for Houston, TX 77006 is $825,000 with the market action index hovering around 33. This is about the same as last month's market action index of 33. Inventory has decreased to 69. 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 Seller's Advantage

While the Market Action Index shows some strengthening in the last few weeks, prices have not seemed to move from their plateau. Should the upward trend in sales relative to inventory continue, expect prices to resume an upward climb in tandem with the MAI.

Real-Time Market Profile

Never miss important changes in the Houston market.
Median List Price $825,000
Median Price of New Listings $762,400
Per Square Foot $313
Average Days on Market 117
Median Days on Market 70
Price Decreased 49%
Price Increased 1%
Relisted 22%
Inventory 69
Median Rent
Market Action 33
Slight Seller's Advantage

Prices in this zip code seem to have settled around a plateau. Look for a persistent down-shift in the Market Action Index before we see prices deviate from these levels.

Market Segments

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 4,300 6,500 - 8,000 sqft 4 4.5 82 0 2 126
$1,049,900 2,951 4,500 - 6,500 sqft 3 2.5 92 1 1 70
$759,900 2,768 0 - 4,500 sqft 3 3.5 8 2 1 63
$604,000 2,616 0 - 4,500 sqft 3 3.5 19 1 2 80