Roger Martin Properties' Market Report

Bellaire, TX 77401

Single-Family Homes

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



Bellaire, TX 77401

Mon Jan 24 2022
This week the median list price for Bellaire, TX 77401 is $887,000 with the market action index hovering around 33. This is less than last month's market action index of 34. Inventory has decreased to 60. 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 has been at a stasis point in terms of sales to inventory. However, prices seem to continue to fall a bit. Technically supply levels indicate this is a Seller’s market so it is likely that the downward pricing pressure will be light or variable.

Bellaire, TX 77401

Mon Jan 24 2022
This week the median list price for Bellaire, TX 77401 is $887,000 with the market action index hovering around 33. This is less than last month's market action index of 34. Inventory has decreased to 60. 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 has been at a stasis point in terms of sales to inventory. However, prices seem to continue to fall a bit. Technically supply levels indicate this is a Seller’s market so it is likely that the downward pricing pressure will be light or variable.

Real-Time Market Profile

Never miss important changes in the Bellaire market.
Median List Price $887,000
Median Price of New Listings $1,320,000
Per Square Foot $299
Average Days on Market 126
Median Days on Market 105
Price Decreased 38%
Price Increased 2%
Relisted 10%
Inventory 60
Median Rent $2,300
Market Action 33
Slight Seller's Advantage

Prices in this zip code have been on a downward trend recently and this week, while essentially flat, doesn't break us out of that cycle.

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
$1,699,000 5,234 8,000 - 10,000 sqft 4 5 20 2 2 77
$1,150,000 4,220 8,000 - 10,000 sqft 4 4 23 1 1 105
$650,000 2,000 8,000 - 10,000 sqft 3 2 72 1 2 91
$429,000 1,472 8,000 - 10,000 sqft 3 1.5 72 1 1 126