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 19 2018
This week the median list price for Houston, TX 77019 is $1,672,500 with the market action index hovering around 28. This is about the same as last month's market action index of 28. Inventory has held steady at or around 116. Click here to stay informed with the Houston market!

Market Action Index

The Market Action Index answers the question "How's the Market?" by measuring the current rate of sale versus the amount of the inventory. Index above 30 implies Seller's Market conditions. Below 30, conditions favor the buyer.

Today
Last Month

Slight Buyer's Advantage

In terms of supply and demand, the market is getting cooler - more supply is coming on the market relative to the sales demand. However, in recent weeks prices have been moving higher. Since it is technically a Buyer's market, this price trend may be a result of improved quality (newer, larger homes) of the homes being listed. Look at the descriptive statistics where you may notice the homes being listed are larger and younger than they have been in the past.

Houston, TX 77019

Mon Nov 19 2018
This week the median list price for Houston, TX 77019 is $1,672,500 with the market action index hovering around 28. This is about the same as last month's market action index of 28. Inventory has held steady at or around 116. Click here to stay informed with the Houston market!

Market Action Index

The Market Action Index answers the question "How's the Market?" by measuring the current rate of sale versus the amount of the inventory. Index above 30 implies Seller's Market conditions. Below 30, conditions favor the buyer.

Today
Last Month

Slight Buyer's Advantage

In terms of supply and demand, the market is getting cooler - more supply is coming on the market relative to the sales demand. However, in recent weeks prices have been moving higher. Since it is technically a Buyer's market, this price trend may be a result of improved quality (newer, larger homes) of the homes being listed. Look at the descriptive statistics where you may notice the homes being listed are larger and younger than they have been in the past.

Real-Time Market Profile

Never miss important changes in the Houston market.
Median List Price $1,672,500
Per Square Foot $365
Days on Market 138
Price Decreased 50%
Price Increased 2%
Relisted 25%
Inventory 116
Median House Rent $2,100
Most Expensive $22,000,000
Least Expensive $325,000
Market Action Index
Slight Buyer's Advantage
28

Price trends in this zip code continued their recent uptrend this week. While still below the market's high point, we've seen a nice run recently.

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
$4,695,000 7,272 0.25 - 0.5 acre 5 6 32 1 0 139
$2,450,000 5,307 8,000 - 10,000 sqft 4 4 16 0 2 149
$955,000 3,452 0 - 4,500 sqft 4 3 4 1 1 135
$605,000 2,663 0 - 4,500 sqft 3 3 5 6 0 130