Roger Martin Properties' Market Report

Houston, TX 77025

Single-Family Homes

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



Houston, TX 77025

Mon Jun 17 2019
This week the median list price for Houston, TX 77025 is $497,000 with the market action index hovering around 28. This is about the same as last month's market action index of 28. Inventory has held steady at or around 146. Click here to stay informed with the Houston market!

Market Action Index

The Market Action Index answers the question "How's the Market?" by measuring the current rate of sale versus the amount of the inventory. Index above 30 implies Seller's Market conditions. Below 30, conditions favor the buyer.

Today
Last Month

Slight Buyer's Advantage

While prices have recently plateaued, this is a buyer’s market and the supply of homes listed has started growing relative to demand. This indicates that prices could easily resume a downward trend in conjunction with the MAI. Prices are unlikely to move significantly higher until there is a persistent upward shift in the MAI.

Houston, TX 77025

Mon Jun 17 2019
This week the median list price for Houston, TX 77025 is $497,000 with the market action index hovering around 28. This is about the same as last month's market action index of 28. Inventory has held steady at or around 146. Click here to stay informed with the Houston market!

Market Action Index

The Market Action Index answers the question "How's the Market?" by measuring the current rate of sale versus the amount of the inventory. Index above 30 implies Seller's Market conditions. Below 30, conditions favor the buyer.

Today
Last Month

Slight Buyer's Advantage

While prices have recently plateaued, this is a buyer’s market and the supply of homes listed has started growing relative to demand. This indicates that prices could easily resume a downward trend in conjunction with the MAI. Prices are unlikely to move significantly higher until there is a persistent upward shift in the MAI.

Real-Time Market Profile

Never miss important changes in the Houston market.
Median List Price $497,000
Per Square Foot $217
Days on Market 130
Price Decreased 53%
Price Increased 0%
Relisted 16%
Inventory 146
Median House Rent $2,250
Most Expensive $2,199,000
Least Expensive $179,000
Market Action Index
Slight Buyer's Advantage
28

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
$1,261,944 4,540 8,000 - 10,000 sqft 4 4 2 1 2 188
$584,444 2,390 8,000 - 10,000 sqft 3 2 62 0 3 109
$422,900 2,083 8,000 - 10,000 sqft 3 2 64 5 1 138
$289,500 1,770 6,500 - 8,000 sqft 3 2 63 3 6 87