Roger Martin Properties' Market Report

Houston, TX 77025

Single-Family Homes

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



Houston, TX 77025

Mon Jan 24 2022
This week the median list price for Houston, TX 77025 is $491,990 with the market action index hovering around 35. This is less than last month's market action index of 37. Inventory has increased to 81. 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

The market has started cooling and prices have been flat for several weeks. Since we’re in the Seller’s zone, watch for changes in MAI. If the MAI resumes its climb, prices will likely follow suit. If the MAI drops consistently or falls into the Buyer’s zone, watch for downward pressure on prices.

Houston, TX 77025

Mon Jan 24 2022
This week the median list price for Houston, TX 77025 is $491,990 with the market action index hovering around 35. This is less than last month's market action index of 37. Inventory has increased to 81. 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

The market has started cooling and prices have been flat for several weeks. Since we’re in the Seller’s zone, watch for changes in MAI. If the MAI resumes its climb, prices will likely follow suit. If the MAI drops consistently or falls into the Buyer’s zone, watch for downward pressure on prices.

Real-Time Market Profile

Never miss important changes in the Houston market.
Median List Price $491,990
Median Price of New Listings $549,000
Per Square Foot $240
Average Days on Market 97
Median Days on Market 77
Price Decreased 57%
Price Increased 36%
Relisted 16%
Inventory 81
Median Rent $1,950
Market Action 35
Slight Seller's Advantage

Again this week we see prices in this zip code remain roughly at the level they’ve been for several weeks. Since we’re significantly below the top of the market, 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
$1,199,450 4,196 8,000 - 10,000 sqft 4 4 16 2 0 73
$644,350 2,609 8,000 - 10,000 sqft 3 2.8 69 2 4 98
$466,999 2,071 0 - 4,500 sqft 3 2.5 1 0 0 108
$411,930 1,874 0 - 4,500 sqft 3 2.5 1 3 3 42