Roger Martin Properties' Market Report

Houston, TX 77030

Single-Family Homes

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



Houston, TX 77030

Thu Jan 23 2020
This week the median list price for Houston, TX 77030 is $899,500 with the market action index hovering around 30. This is an increase over last month's market action index of 29. Inventory has held steady at or around 23. 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 77030

Thu Jan 23 2020
This week the median list price for Houston, TX 77030 is $899,500 with the market action index hovering around 30. This is an increase over last month's market action index of 29. Inventory has held steady at or around 23. 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 $899,500
Per Square Foot $330
Days on Market 236
Price Decreased 48%
Price Increased 0%
Relisted 17%
Inventory 23
Median Rent $2,350
Most Expensive $2,099,900
Least Expensive $525,000
Market Action 30
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
$1,695,000 5,025 6,500 - 8,000 sqft 4 4 10 0 1 386
$1,137,500 3,405 6,500 - 8,000 sqft 4 4 72 1 1 134
$811,950 2,327 4,500 - 6,500 sqft 3 2 80 0 0 211
$690,000 2,237 8,000 - 10,000 sqft 2 2 75 0 0 235