Roger Martin Properties' Market Report

Houston, TX 77006

Single-Family Homes

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



Houston, TX 77006

Sat Oct 16 2021
This week the median list price for Houston, TX 77006 is $692,400 with the market action index hovering around 29. This is an increase over last month's market action index of 28. Inventory has decreased to 111. 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

The market has shown some evidence of slowing recently. Both prices and inventory levels are relatively unchanged in recent weeks. Watch the Market Action Index for changes as it can be a leading indicator for price changes.

Houston, TX 77006

Sat Oct 16 2021
This week the median list price for Houston, TX 77006 is $692,400 with the market action index hovering around 29. This is an increase over last month's market action index of 28. Inventory has decreased to 111. 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

The market has shown some evidence of slowing recently. Both prices and inventory levels are relatively unchanged in recent weeks. Watch the Market Action Index for changes as it can be a leading indicator for price changes.

Real-Time Market Profile

Never miss important changes in the Houston market.
Median List Price $692,400
Median Price of New Listings $749,500
Per Square Foot $256
Average Days on Market 115
Median Days on Market 84
Price Decreased 38%
Price Increased 2%
Relisted 23%
Inventory 111
Median Rent $2,500
Market Action 29
Slight Buyer's Advantage

Again this week we see prices in this zip code remain roughly at the level they’ve been for several weeks. Since we’re significantly below the top of the market, 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
$1,295,000 3,299 4,500 - 6,500 sqft 3 3 20 2 3 112
$734,950 2,998 0 - 4,500 sqft 3 3 8 2 3 87
$639,450 2,533 0 - 4,500 sqft 3 2 2 2 2 98
$522,400 2,266 0 - 4,500 sqft 3 3 17 2 4 56