Roger Martin Properties' Market Report

Houston, TX 77025

Single-Family Homes

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



Houston, TX 77025

Sat Jul 31 2021
This week the median list price for Houston, TX 77025 is $520,000 with the market action index hovering around 41. This is about the same as last month's market action index of 41. Inventory has increased to 95. 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

While the Market Action Index shows some strengthening in the last few weeks, prices have not seemed to move from their plateau. Should the upward trend in sales relative to inventory continue, expect prices to resume an upward climb in tandem with the MAI.

Houston, TX 77025

Sat Jul 31 2021
This week the median list price for Houston, TX 77025 is $520,000 with the market action index hovering around 41. This is about the same as last month's market action index of 41. Inventory has increased to 95. 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

While the Market Action Index shows some strengthening in the last few weeks, prices have not seemed to move from their plateau. Should the upward trend in sales relative to inventory continue, expect prices to resume an upward climb in tandem with the MAI.

Real-Time Market Profile

Never miss important changes in the Houston market.
Median List Price $520,000
Median Price of New Listings $495,000
Per Square Foot $226
Average Days on Market 98
Median Days on Market 42
Price Decreased 35%
Price Increased 13%
Relisted 22%
Inventory 95
Median Rent $2,300
Market Action 41
Slight Seller's Advantage

Prices in this zip are remaining at a plateau, albeit significantly below the market’s peak. This week prices bumped down a bit, but not enough to indicate a resumed downward trend. Look for a persistent up-shift in the Market Action Index before we see prices significantly 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
$1,419,000 4,500 8,000 - 10,000 sqft 4 4 7 3 5 98
$624,950 2,856 6,500 - 8,000 sqft 3 3 62 4 3 80
$475,610 2,258 4,500 - 6,500 sqft 3 2 41 3 3 38
$349,500 1,907 0 - 4,500 sqft 3 2 16 7 8 28