Roger Martin Properties' Market Report

Houston, TX 77030

Single-Family Homes

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



Houston, TX 77030

Thu Sep 20 2018
This week the median list price for Houston, TX 77030 is $1,022,500 with the market action index hovering around 30. This is less than last month's market action index of 31. Inventory has held steady at or around 40. Click here to stay informed with the Houston market!

Market Action Index

The Market Action Index answers the question "How's the Market?" by measuring the current rate of sale versus the amount of the inventory. Index above 30 implies Seller's Market conditions. Below 30, conditions favor the buyer.

Today
Last Month

Slight Seller'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 77030

Thu Sep 20 2018
This week the median list price for Houston, TX 77030 is $1,022,500 with the market action index hovering around 30. This is less than last month's market action index of 31. Inventory has held steady at or around 40. Click here to stay informed with the Houston market!

Market Action Index

The Market Action Index answers the question "How's the Market?" by measuring the current rate of sale versus the amount of the inventory. Index above 30 implies Seller's Market conditions. Below 30, conditions favor the buyer.

Today
Last Month

Slight Seller'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 $1,022,500
Per Square Foot $341
Days on Market 146
Price Decreased 60%
Price Increased 3%
Relisted 25%
Inventory 40
Median House Rent
Most Expensive $2,999,999
Least Expensive $465,000
Market Action Index
Slight Seller's Advantage
30

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
$2,247,500 5,466 0.25 - 0.5 acre 5 5 7 1 0 210
$1,284,000 3,638 6,500 - 8,000 sqft 4 3 26 0 0 129
$840,000 2,881 6,500 - 8,000 sqft 4 2 65 0 0 142
$619,500 2,168 0 - 4,500 sqft 3 3 14 1 0 102