Roger Martin Properties' Market Report

Houston, TX 77019

Single-Family Homes

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



Houston, TX 77019

Thu Feb 29 2024
This week the median list price for Houston, TX 77019 is $1,902,000 with the market action index hovering around 30. This is about the same as last month's market action index of 30. Inventory has held steady at or around 66. 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

The market has begun to heat up in recent weeks. We’re already in a Seller’s market and not surprisingly prices are showing evidence of moving up along with the lower levels of inventory.

Houston, TX 77019

Thu Feb 29 2024
This week the median list price for Houston, TX 77019 is $1,902,000 with the market action index hovering around 30. This is about the same as last month's market action index of 30. Inventory has held steady at or around 66. 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

The market has begun to heat up in recent weeks. We’re already in a Seller’s market and not surprisingly prices are showing evidence of moving up along with the lower levels of inventory.

Real-Time Market Profile

Never miss important changes in the Houston market.
Median List Price $1,902,000
Median Price of New Listings $13,762,500
Per Square Foot $441
Average Days on Market 138
Median Days on Market 119
Price Decreased 30%
Price Increased 0%
Relisted 17%
Inventory 66
Median Rent
Market Action 30
Slight Seller's Advantage

The market for this zip code continues its bounce again this week. We’re a long way from the market’s high point so watch the Market Action Index to predict how long this trend will last.

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
$7,375,000 8,682 0.5 - 1 acre 5 6.8 13 1 0 105
$2,945,000 5,539 8,000 - 10,000 sqft 4 4.5 19 0 0 126
$1,100,000 3,472 0 - 4,500 sqft 4 3.5 1 0 3 49
$599,000 2,403 0 - 4,500 sqft 3 3.5 11 1 2 133