Roger Martin Properties' Market Report

Bellaire, TX 77401

Single-Family Homes

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



Bellaire, TX 77401

Tue Mar 19 2024
This week the median list price for Bellaire, TX 77401 is $1,299,900 with the market action index hovering around 35. This is an increase over last month's market action index of 32. Inventory has decreased to 37. 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 Seller's Advantage

The market continues to get hotter. More sales demand and fewer homes listed have contributed to a relatively long run of increasing prices. Current supply and demand levels show no sign of prices changing from their current trend.

Bellaire, TX 77401

Tue Mar 19 2024
This week the median list price for Bellaire, TX 77401 is $1,299,900 with the market action index hovering around 35. This is an increase over last month's market action index of 32. Inventory has decreased to 37. 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 Seller's Advantage

The market continues to get hotter. More sales demand and fewer homes listed have contributed to a relatively long run of increasing prices. Current supply and demand levels show no sign of prices changing from their current trend.

Real-Time Market Profile

Never miss important changes in the Bellaire market.
Median List Price $1,299,900
Median Price of New Listings $1,199,000
Per Square Foot $327
Average Days on Market 106
Median Days on Market 49
Price Decreased 30%
Price Increased 3%
Relisted 8%
Inventory 37
Median Rent
Market Action 35
Slight Seller's Advantage

In this zip code this week saw relatively little price change from last week. However, we continue to demonstrate a nice up trend over the last several weeks.

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
$1,841,950 5,265 8,000 - 10,000 sqft 5 5 6 1 2 42
$1,485,000 4,930 8,000 - 10,000 sqft 4 4.5 18 1 2 49
$1,125,000 3,656 8,000 - 10,000 sqft 4 3.5 25 2 3 28
$658,000 1,699 8,000 - 10,000 sqft 3 2 69 1 2 105