Roger Martin Properties' Market Report

Houston, TX 77025

Single-Family Homes

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



Houston, TX 77025

Sat Oct 16 2021
This week the median list price for Houston, TX 77025 is $499,900 with the market action index hovering around 34. This is less than last month's market action index of 38. Inventory has increased to 101. 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 been cooling off a bit in recent weeks, as more homes are available and demand is less. We’re already seeing prices move lower as a result. Expect this trend to continue especially if the index falls to the Buyer’s zone. Watch for a persistent up-turn in Market Action to signal prices rising again.

Houston, TX 77025

Sat Oct 16 2021
This week the median list price for Houston, TX 77025 is $499,900 with the market action index hovering around 34. This is less than last month's market action index of 38. Inventory has increased to 101. 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 been cooling off a bit in recent weeks, as more homes are available and demand is less. We’re already seeing prices move lower as a result. Expect this trend to continue especially if the index falls to the Buyer’s zone. Watch for a persistent up-turn in Market Action to signal prices rising again.

Real-Time Market Profile

Never miss important changes in the Houston market.
Median List Price $499,900
Median Price of New Listings $537,000
Per Square Foot $233
Average Days on Market 106
Median Days on Market 63
Price Decreased 59%
Price Increased 10%
Relisted 19%
Inventory 101
Median Rent $2,323
Market Action 34
Slight Seller's Advantage

Prices in this zip code have been on a downward trend recently and this week, while essentially flat, doesn't break us out of that cycle.

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
$1,250,000 4,352 8,000 - 10,000 sqft 4 4 14 4 1 49
$624,900 2,708 6,500 - 8,000 sqft 3 3 63 3 0 63
$477,050 2,061 0 - 4,500 sqft 3 3 0 1 0 63
$394,180 1,896 6,500 - 8,000 sqft 3 2 30 5 10 59