Roger Martin Properties' Market Report

Bellaire, TX 77401

Single-Family Homes

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



Bellaire, TX 77401

Sat Jul 11 2020
This week the median list price for Bellaire, TX 77401 is $1,025,000 with the market action index hovering around 25. This is about the same as last month's market action index of 25. Inventory has held steady at or around 183. Click here to stay informed with the Bellaire market!

Market Action Index

This answers “How’s the Market?” by comparing rate of sales versus inventory.

Slight Buyer's Advantage

The market has shown some evidence of slowing recently. Both prices and inventory levels are relatively unchanged in recent weeks. Watch the Market Action Index for changes as it can be a leading indicator for price changes.

Bellaire, TX 77401

Sat Jul 11 2020
This week the median list price for Bellaire, TX 77401 is $1,025,000 with the market action index hovering around 25. This is about the same as last month's market action index of 25. Inventory has held steady at or around 183. Click here to stay informed with the Bellaire market!

Market Action Index

This answers “How’s the Market?” by comparing rate of sales versus inventory.

Slight Buyer's Advantage

The market has shown some evidence of slowing recently. Both prices and inventory levels are relatively unchanged in recent weeks. Watch the Market Action Index for changes as it can be a leading indicator for price changes.

Real-Time Market Profile

Never miss important changes in the Bellaire market.
Median List Price $1,025,000
Per Square Foot $285
Days on Market 188
Price Decreased 39%
Price Increased 3%
Relisted 14%
Inventory 183
Median Rent $2,500
Most Expensive $2,967,000
Least Expensive $269,000
Market Action 25
Slight Buyer's Advantage

Prices in this zip code seem to have settled around a plateau. Look for a persistent down-shift in the Market Action Index before we see prices deviate 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
$1,749,000 5,575 0.25 - 0.5 acre 5 5 11 1 0 193
$1,196,000 4,308 8,000 - 10,000 sqft 5 4 8 4 3 137
$863,500 3,463 6,500 - 8,000 sqft 4 3 22 2 5 200
$477,250 1,526 8,000 - 10,000 sqft 3 2 69 1 2 221