Roger Martin Properties' Market Report

Houston, TX 77030

Single-Family Homes

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



Houston, TX 77030

Sat Sep 19 2020
This week the median list price for Houston, TX 77030 is $1,139,500 with the market action index hovering around 33. This is about the same as last month's market action index of 33. Inventory has held steady at or around 30. 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 Sep 19 2020
This week the median list price for Houston, TX 77030 is $1,139,500 with the market action index hovering around 33. This is about the same as last month's market action index of 33. Inventory has held steady at or around 30. 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 $1,139,500
Per Square Foot $353
Days on Market 171
Price Decreased 30%
Price Increased 0%
Relisted 10%
Inventory 30
Median Rent $3,250
Most Expensive $2,400,000
Least Expensive $615,000
Market Action 33
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
$1,775,000 4,942 6,500 - 8,000 sqft 4 4 2 0 0 339
$1,449,000 3,847 6,500 - 8,000 sqft 4 4 81 1 0 105
$1,080,000 3,543 6,500 - 8,000 sqft 4 3 75 1 1 155
$699,400 2,128 6,500 - 8,000 sqft 3 2 76 0 2 96