Roger Martin Properties' Market Report

Houston, TX 77025

Single-Family Homes

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



Houston, TX 77025

Sat Sep 19 2020
This week the median list price for Houston, TX 77025 is $509,900 with the market action index hovering around 30. This is an increase over last month's market action index of 29. Inventory has held steady at or around 145. 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 have been exceeding new inventory for several weeks. Since this is a Buyer’s market, prices are not yet moving higher as excess inventory is consumed. However, as the supply and demand trends continue, the market moves into the Seller’s zone, and we are likely to see upward pressure on pricing.

Houston, TX 77025

Sat Sep 19 2020
This week the median list price for Houston, TX 77025 is $509,900 with the market action index hovering around 30. This is an increase over last month's market action index of 29. Inventory has held steady at or around 145. 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 have been exceeding new inventory for several weeks. Since this is a Buyer’s market, prices are not yet moving higher as excess inventory is consumed. However, as the supply and demand trends continue, the market moves into the Seller’s zone, and we are likely to see upward pressure on pricing.

Real-Time Market Profile

Never miss important changes in the Houston market.
Median List Price $509,900
Per Square Foot $214
Days on Market 145
Price Decreased 43%
Price Increased 1%
Relisted 15%
Inventory 145
Median Rent $2,400
Most Expensive $2,300,000
Least Expensive $170,000
Market Action 30
Slight Seller's Advantage

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
$1,387,450 4,630 8,000 - 10,000 sqft 4 4 1 2 6 161
$647,500 2,944 6,500 - 8,000 sqft 3 3 26 2 6 129
$429,000 2,156 6,500 - 8,000 sqft 3 2 65 1 2 170
$310,000 1,831 6,500 - 8,000 sqft 3 2 67 0 6 118