Roger Martin Properties' Market Report

Houston, TX 77019

Single-Family Homes

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


Houston, TX 77019

Thu Mar 27 2025
This week the median list price for Houston, TX 77019 is $1,835,000 with the market action index hovering around 28. This is an increase over last month's market action index of 27. Inventory has held steady at or around 70. 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

Market Narrative

The market shows signs of warming up, with sales demand recently increasing faster than inventory. Prices have not yet responded as the market is still working through excess inventory. It’s unlikely that we’ll see prices level off or move higher until the MAI sustains its upward trend and maybe not until the inventory is depleted enough to create a Seller’s market.

Houston, TX 77019

Thu Mar 27 2025
This week the median list price for Houston, TX 77019 is $1,835,000 with the market action index hovering around 28. This is an increase over last month's market action index of 27. Inventory has held steady at or around 70. 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

Market Narrative

The market shows signs of warming up, with sales demand recently increasing faster than inventory. Prices have not yet responded as the market is still working through excess inventory. It’s unlikely that we’ll see prices level off or move higher until the MAI sustains its upward trend and maybe not until the inventory is depleted enough to create a Seller’s market.

Real-Time Market Profile

Never miss important changes in the Houston market.
Median List Price $1,835,000
Median Price of New Listings $1,017,400
Per Square Foot $432
Average Days on Market 147
Median Days on Market 116
Price Decreased 30%
Price Increased 1%
Relisted 20%
Inventory 70
Median Rent
Market Action 28
Slight Buyer's Advantage

Again this week in this zip code we see a downward notch for prices. Pricing has been weak in recent weeks and versus their absolute-high level. At this point, we will be looking for a persistent upward shift in the Market Action Index as a leading indicator for a trough in prices.

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
$7,495,000 8,502 0.5 - 1 acre 5 6 16 1 0 294
$3,250,000 4,631 6,500 - 8,000 sqft 4 5.5 16 1 1 49
$1,064,950 3,474 0 - 4,500 sqft 4 3.5 7 4 3 66
$687,450 2,383 0 - 4,500 sqft 3 2.5 19 2 3 42