Roger Martin Properties' Market Report

Houston, TX 77025

Single-Family Homes

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



Houston, TX 77025

Thu Apr 02 2020
This week the median list price for Houston, TX 77025 is $499,900 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 121. 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 remains in a relative stasis in terms of sales to inventory and prices have been relatively stable for a few weeks. 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 77025

Thu Apr 02 2020
This week the median list price for Houston, TX 77025 is $499,900 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 121. 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 remains in a relative stasis in terms of sales to inventory and prices have been relatively stable for a few weeks. 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 $499,900
Per Square Foot $222
Days on Market 143
Price Decreased 36%
Price Increased 4%
Relisted 13%
Inventory 121
Median Rent $2,400
Most Expensive $1,855,900
Least Expensive $159,000
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
$1,354,950 4,855 8,000 - 10,000 sqft 4 4 1 2 2 120
$639,450 2,995 6,500 - 8,000 sqft 3 3 31 2 1 165
$449,450 2,155 6,500 - 8,000 sqft 3 2 65 0 3 151
$329,900 1,831 6,500 - 8,000 sqft 3 2 64 1 0 133