Roger Martin Properties' Market Report

Houston, TX 77019

Single-Family Homes

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



Houston, TX 77019

Mon Nov 23 2020
This week the median list price for Houston, TX 77019 is $1,499,000 with the market action index hovering around 26. This is about the same as last month's market action index of 26. Inventory has held steady at or around 131. 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 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.

Houston, TX 77019

Mon Nov 23 2020
This week the median list price for Houston, TX 77019 is $1,499,000 with the market action index hovering around 26. This is about the same as last month's market action index of 26. Inventory has held steady at or around 131. 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 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 Houston market.
Median List Price $1,499,000
Per Square Foot $374
Days on Market 182
Price Decreased 46%
Price Increased 1%
Relisted 32%
Inventory 131
Median Rent $2,575
Most Expensive $9,500,000
Least Expensive $289,900
Market Action 26
Slight Buyer's Advantage

We continue to see prices in this zip code hovering around these current levels, even though they bumped up a bit this week. Look for a persistent up-shift in the Market Action Index before we see prices move significantly from here.

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
$5,497,500 7,176 0.5 - 1 acre 5 6 33 2 0 250
$2,450,000 5,219 8,000 - 10,000 sqft 4 4 15 2 0 187
$995,000 3,440 0 - 4,500 sqft 3 3 7 2 1 145
$589,500 2,548 0 - 4,500 sqft 3 3 7 1 7 146