Sat Jul 11 2020
This week the median list price for Houston, TX 77007 is $525,000 with the market action index hovering around 31. This is an increase over last month's market action index of 29. Inventory has held steady at or around 308.
This answers “How’s the Market?” by comparing rate of sales versus inventory.
Slight Seller's Advantage
|Median List Price||$525,000|
|Per Square Foot||$218|
|Days on Market||131|
|Slight Seller's Advantage|
We continue to see prices in this zip code hover around their high point. Look for a persistent shift in the Market Action Index before we see prices deviate from these levels.
Each segment below represents approximately 25% of the market ordered by price.
|Median Price||Sq. Ft.||Lot Size||Beds||Bath||Age||New||Absorbed||DOM|
|$949,500||3,423||4,500 - 6,500 sqft||3||3||11||1||9||159|
|$594,500||2,600||0 - 4,500 sqft||3||3||6||7||5||132|
|$472,500||2,351||0 - 4,500 sqft||3||3||5||10||12||126|
|$409,000||2,095||0 - 4,500 sqft||3||3||12||13||16||106|