Roger Martin Properties' Market Report

Houston, TX 77030

Single-Family Homes

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



Houston, TX 77030

Sat Jul 31 2021
This week the median list price for Houston, TX 77030 is $1,160,000 with the market action index hovering around 41. This is about the same as last month's market action index of 41. Inventory has decreased to 25. 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

In the last few weeks the market has achieved a relative stasis point in terms of sales to inventory. However, inventory is sufficiently low to keep us in the Seller’s Market zone so watch changes in the MAI. If the market heats up, prices are likely to resume an upward climb.

Houston, TX 77030

Sat Jul 31 2021
This week the median list price for Houston, TX 77030 is $1,160,000 with the market action index hovering around 41. This is about the same as last month's market action index of 41. Inventory has decreased to 25. 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

In the last few weeks the market has achieved a relative stasis point in terms of sales to inventory. However, inventory is sufficiently low to keep us in the Seller’s Market zone so watch changes in the MAI. If the market heats up, prices are likely to resume an upward climb.

Real-Time Market Profile

Never miss important changes in the Houston market.
Median List Price $1,160,000
Median Price of New Listings $1,100,000
Per Square Foot $383
Average Days on Market 133
Median Days on Market 56
Price Decreased 60%
Price Increased 0%
Relisted 16%
Inventory 25
Median Rent $2,500
Market Action 41
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
$2,048,500 5,317 8,000 - 10,000 sqft 4 5 3 1 1 98
$1,340,375 3,820 6,500 - 8,000 sqft 4 3 45 0 0 70
$960,000 2,338 6,500 - 8,000 sqft 3 2 81 1 1 70
$785,000 2,322 6,500 - 8,000 sqft 3 2 81 1 0 35