Roger Martin Properties' Market Report

Houston, TX 77019

Single-Family Homes

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



Houston, TX 77019

Sat Oct 16 2021
This week the median list price for Houston, TX 77019 is $936,000 with the market action index hovering around 30. This is an increase over last month's market action index of 29. Inventory has decreased to 100. Click here to stay informed with the Houston market!

Market Action Index

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

Slight Seller's Advantage

In the last few weeks, the Market Action Index has resumed a climb. Despite the fact that we’re in a Seller’s market, prices have not yet resumed upward momentum. However, it is likely that given these conditions, prices will at least level off very soon. If the increasing trend continues, expect that prices could shift higher quickly.

Houston, TX 77019

Sat Oct 16 2021
This week the median list price for Houston, TX 77019 is $936,000 with the market action index hovering around 30. This is an increase over last month's market action index of 29. Inventory has decreased to 100. Click here to stay informed with the Houston market!

Market Action Index

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

Slight Seller's Advantage

In the last few weeks, the Market Action Index has resumed a climb. Despite the fact that we’re in a Seller’s market, prices have not yet resumed upward momentum. However, it is likely that given these conditions, prices will at least level off very soon. If the increasing trend continues, expect that prices could shift higher quickly.

Real-Time Market Profile

Never miss important changes in the Houston market.
Median List Price $936,000
Median Price of New Listings $1,550,000
Per Square Foot $306
Average Days on Market 138
Median Days on Market 98
Price Decreased 35%
Price Increased 10%
Relisted 19%
Inventory 100
Median Rent $3,375
Market Action 30
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
$6,169,000 7,569 0.5 - 1 acre 5 6 33 3 1 133
$1,684,900 4,069 4,500 - 6,500 sqft 4 3 34 4 2 84
$799,900 3,020 0 - 4,500 sqft 3 3 0 2 1 84
$599,900 2,298 0 - 4,500 sqft 3 2 12 2 4 105