Roger Martin Properties' Market Report

Houston, TX 77030

Single-Family Homes

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



Houston, TX 77030

Fri Sep 20 2019
This week the median list price for Houston, TX 77030 is $999,500 with the market action index hovering around 26. This is about the same as last month's market action index of 26. Inventory has held steady at or around 44. 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 77030

Fri Sep 20 2019
This week the median list price for Houston, TX 77030 is $999,500 with the market action index hovering around 26. This is about the same as last month's market action index of 26. Inventory has held steady at or around 44. 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 $999,500
Per Square Foot $331
Days on Market 181
Price Decreased 43%
Price Increased 0%
Relisted 20%
Inventory 44
Median House Rent $1,800
Most Expensive $2,300,000
Least Expensive $449,999
Market Action Index
Slight Buyer's Advantage
26

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
$1,870,000 4,576 6,500 - 8,000 sqft 4 4 12 0 1 287
$1,100,000 3,634 6,500 - 8,000 sqft 4 3 78 2 0 162
$875,000 2,989 4,500 - 6,500 sqft 4 3 72 1 0 155
$629,000 2,327 6,500 - 8,000 sqft 3 2 71 1 3 119