Roger Martin Properties' Market Report

Bellaire, TX 77401

Single-Family Homes

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



Bellaire, TX 77401

Wed Nov 13 2019
This week the median list price for Bellaire, TX 77401 is $969,950 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 156. 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

Wed Nov 13 2019
This week the median list price for Bellaire, TX 77401 is $969,950 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 156. 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 $969,950
Per Square Foot $270
Days on Market 226
Price Decreased 54%
Price Increased 3%
Relisted 24%
Inventory 156
Median House Rent $2,650
Most Expensive $2,997,770
Least Expensive $289,900
Market Action Index
Slight Buyer's Advantage
25

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
$1,749,000 5,628 8,000 - 10,000 sqft 5 5 11 2 2 285
$1,109,000 4,324 8,000 - 10,000 sqft 4 4 16 1 5 189
$889,000 3,727 6,500 - 8,000 sqft 4 3 19 2 5 183
$450,000 1,351 8,000 - 10,000 sqft 3 1 69 0 5 244