Roger Martin Properties' Market Report

Houston, TX 77025

Single-Family Homes

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



Houston, TX 77025

Wed Nov 13 2019
This week the median list price for Houston, TX 77025 is $475,000 with the market action index hovering around 32. This is less than last month's market action index of 35. Inventory has held steady at or around 151. 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

Home sales continue to outstrip supply and the Market Action Index has been moving higher for several weeks. This is a Seller’s market so watch for upward pricing pressure in the near future if the trend continues.

Houston, TX 77025

Wed Nov 13 2019
This week the median list price for Houston, TX 77025 is $475,000 with the market action index hovering around 32. This is less than last month's market action index of 35. Inventory has held steady at or around 151. 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

Home sales continue to outstrip supply and the Market Action Index has been moving higher for several weeks. This is a Seller’s market so watch for upward pricing pressure in the near future if the trend continues.

Real-Time Market Profile

Never miss important changes in the Houston market.
Median List Price $475,000
Per Square Foot $202
Days on Market 134
Price Decreased 46%
Price Increased 3%
Relisted 20%
Inventory 151
Median House Rent $2,200
Most Expensive $2,000,000
Least Expensive $185,000
Market Action Index
Slight Seller's Advantage
32

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
$1,260,000 4,386 8,000 - 10,000 sqft 4 4 0 3 4 156
$565,000 2,858 8,000 - 10,000 sqft 4 2 53 1 2 120
$392,450 2,123 8,000 - 10,000 sqft 3 2 63 2 2 132
$259,500 1,795 0 - 4,500 sqft 3 2 13 3 5 125