Roger Martin Properties' Market Report

Houston, TX 77030

Single-Family Homes

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



Houston, TX 77030

Sat Dec 03 2022
This week the median list price for Houston, TX 77030 is $1,000,000 with the market action index hovering around 27. This is less than last month's market action index of 32. Inventory has increased to 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 Buyer's Advantage

The Market Action Index has been trending lower for several weeks while prices have remained relatively stable. If inventory continues to grow relative to demand however, it is likely that we will see downward pressure on pricing.

Houston, TX 77030

Sat Dec 03 2022
This week the median list price for Houston, TX 77030 is $1,000,000 with the market action index hovering around 27. This is less than last month's market action index of 32. Inventory has increased to 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 Buyer's Advantage

The Market Action Index has been trending lower for several weeks while prices have remained relatively stable. If inventory continues to grow relative to demand however, it is likely that we will see downward pressure on pricing.

Real-Time Market Profile

Never miss important changes in the Houston market.
Median List Price $1,000,000
Median Price of New Listings $0
Per Square Foot $355
Average Days on Market 112
Median Days on Market 77
Price Decreased 39%
Price Increased 9%
Relisted 17%
Inventory 23
Median Rent
Market Action 27
Slight Buyer'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
$2,350,000 5,604 6,500 - 8,000 sqft 5 4.5 1 0 0 56
$1,475,000 3,261 6,500 - 8,000 sqft 4 3 40 0 1 105
$839,500 2,725 4,500 - 6,500 sqft 3 3.5 41 0 0 119
$680,000 2,664 6,500 - 8,000 sqft 3 2.8 77 0 0 87