Roger Martin Properties' Market Report

Houston, TX 77030

Single-Family Homes

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



Houston, TX 77030

Tue May 21 2019
This week the median list price for Houston, TX 77030 is $1,049,000 with the market action index hovering around 31. This is an increase over last month's market action index of 30. Inventory has held steady at or around 41. 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 not shown strong directional trends in terms of supply and demand. However, inventory is sufficiently low to keep us in the Seller’s Market zone and prices have been moving upward as evidence.

Houston, TX 77030

Tue May 21 2019
This week the median list price for Houston, TX 77030 is $1,049,000 with the market action index hovering around 31. This is an increase over last month's market action index of 30. Inventory has held steady at or around 41. 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 not shown strong directional trends in terms of supply and demand. However, inventory is sufficiently low to keep us in the Seller’s Market zone and prices have been moving upward as evidence.

Real-Time Market Profile

Never miss important changes in the Houston market.
Median List Price $1,049,000
Per Square Foot $350
Days on Market 140
Price Decreased 51%
Price Increased 0%
Relisted 15%
Inventory 41
Median House Rent $1,800
Most Expensive $2,650,000
Least Expensive $544,999
Market Action Index
Slight Seller's Advantage
31

The market for this zip code continues its bounce again this week. We're a long way from the market's high point so watch the Market Action Index to predict how long this trend will last.

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
$2,162,450 5,081 6,500 - 8,000 sqft 4 4 6 0 0 218
$1,310,000 3,979 8,000 - 10,000 sqft 4 4 71 2 0 144
$799,000 2,842 8,000 - 10,000 sqft 4 2 70 1 0 165
$670,000 1,836 4,500 - 6,500 sqft 3 2 79 3 0 42