Roger Martin Properties' Market Report

Houston, TX 77025

Single-Family Homes

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



Houston, TX 77025

Sat Dec 03 2022
This week the median list price for Houston, TX 77025 is $615,000 with the market action index hovering around 40. This is less than last month's market action index of 42. Inventory has decreased to 58. 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 recently plateaued. 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

Sat Dec 03 2022
This week the median list price for Houston, TX 77025 is $615,000 with the market action index hovering around 40. This is less than last month's market action index of 42. Inventory has decreased to 58. 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 recently plateaued. 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 $615,000
Median Price of New Listings $480,000
Per Square Foot $255
Average Days on Market 105
Median Days on Market 56
Price Decreased 50%
Price Increased 0%
Relisted 17%
Inventory 58
Median Rent
Market Action 40
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
$1,537,500 4,801 8,000 - 10,000 sqft 5 4.5 11 0 0 63
$784,450 3,197 8,000 - 10,000 sqft 3 3.5 16 0 1 52
$480,000 2,290 6,500 - 8,000 sqft 3 2.5 67 2 2 42
$345,000 2,039 0 - 4,500 sqft 3 2.5 52 1 1 49