Roger Martin Properties' Market Report

Houston, TX 77019

Single-Family Homes

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



Houston, TX 77019

Tue May 18 2021
This week the median list price for Houston, TX 77019 is $1,422,500 with the market action index hovering around 32. This is about the same as last month's market action index of 32. Inventory has held steady at or around 104. 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 has achieved a relative stasis point in terms of sales to inventory. However, inventory is sufficiently low to keep us in the Seller’s Market zone so watch changes in the MAI. If the market heats up, prices are likely to resume an upward climb.

Houston, TX 77019

Tue May 18 2021
This week the median list price for Houston, TX 77019 is $1,422,500 with the market action index hovering around 32. This is about the same as last month's market action index of 32. Inventory has held steady at or around 104. 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 has achieved a relative stasis point in terms of sales to inventory. However, inventory is sufficiently low to keep us in the Seller’s Market zone so watch changes in the MAI. If the market heats up, prices are likely to resume an upward climb.

Real-Time Market Profile

Never miss important changes in the Houston market.
Median List Price $1,422,500
Median Price of New Listings $719,900
Per Square Foot $339
Average Days on Market 144
Median Days on Market 63
Price Decreased 26%
Price Increased 4%
Relisted 15%
Inventory 104
Median Rent $2,650
Market Action 32
Slight Seller's Advantage

We continue to see prices in this zip code bouncing around this plateau. Look for a persistent up-shift in the Market Action Index before we see prices move from these levels.

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
$4,945,000 7,040 0.25 - 0.5 acre 5 6 17 0 2 84
$1,749,000 4,477 4,500 - 6,500 sqft 4 4 14 1 2 94
$982,500 3,406 0 - 4,500 sqft 3 3 8 3 1 49
$639,900 2,624 0 - 4,500 sqft 3 3 6 5 4 21