Roger Martin Properties' Market Report

Houston, TX 77006

Single-Family Homes

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



Houston, TX 77006

Sat Apr 13 2024
This week the median list price for Houston, TX 77006 is $999,999 with the market action index hovering around 35. This is an increase over last month's market action index of 33. Inventory has increased to 55. 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

Home sales continue to outstrip supply and the Market Action Index has been moving higher for several weeks. This is a Seller’s market so watch for upward pricing pressure in the near future if the trend continues.

Houston, TX 77006

Sat Apr 13 2024
This week the median list price for Houston, TX 77006 is $999,999 with the market action index hovering around 35. This is an increase over last month's market action index of 33. Inventory has increased to 55. 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

Home sales continue to outstrip supply and the Market Action Index has been moving higher for several weeks. This is a Seller’s market so watch for upward pricing pressure in the near future if the trend continues.

Real-Time Market Profile

Never miss important changes in the Houston market.
Median List Price $999,999
Median Price of New Listings $915,000
Per Square Foot $342
Average Days on Market 151
Median Days on Market 56
Price Decreased 22%
Price Increased 4%
Relisted 24%
Inventory 55
Median Rent
Market Action 35
Slight Seller's Advantage

We continue to see prices in this zip code bouncing around this plateau. Look for a persistent up-shift in the Market Action Index before we see prices move 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
$1,997,500 4,201 8,000 - 10,000 sqft 4 3.5 20 1 0 91
$1,099,500 3,100 4,500 - 6,500 sqft 3 3.5 52 2 1 70
$922,000 3,009 4,500 - 6,500 sqft 3 3.5 85 1 1 63
$699,000 2,514 0 - 4,500 sqft 3 3.5 21 3 1 42