Roger Martin Properties' Market Report

Houston, TX 77030

Single-Family Homes

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



Houston, TX 77030

Thu Dec 01 2022
This week the median list price for Houston, TX 77030 is $1,050,000 with the market action index hovering around 30. This is less than last month's market action index of 31. Inventory has increased to 24. 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

The market has been consistently cool for several weeks. Demand level are low relative to the available inventory. It's a Buyer's market and prices continue to fall. Look for a persistent shift in Market Action before prices plateau or begin to rise again.

Houston, TX 77030

Thu Dec 01 2022
This week the median list price for Houston, TX 77030 is $1,050,000 with the market action index hovering around 30. This is less than last month's market action index of 31. Inventory has increased to 24. 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

The market has been consistently cool for several weeks. Demand level are low relative to the available inventory. It's a Buyer's market and prices continue to fall. Look for a persistent shift in Market Action before prices plateau or begin to rise again.

Real-Time Market Profile

Never miss important changes in the Houston market.
Median List Price $1,050,000
Median Price of New Listings $1,970,000
Per Square Foot $355
Average Days on Market 101
Median Days on Market 67
Price Decreased 46%
Price Increased 4%
Relisted 17%
Inventory 24
Median Rent
Market Action 30
Slight Seller's Advantage

Prices in this zip code have been on a downward trend recently and this week, while essentially flat, doesn't break us out of that cycle.

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
$2,174,500 5,588 6,500 - 8,000 sqft 4 4.5 0 1 0 56
$1,475,000 2,948 6,500 - 8,000 sqft 4 3 72 1 0 77
$839,500 2,725 4,500 - 6,500 sqft 3 3.5 41 0 0 112
$680,000 2,664 6,500 - 8,000 sqft 3 2.8 77 0 1 80