Roger Martin Properties' Market Report

Houston, TX 77019

Single-Family Homes

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



Houston, TX 77019

Tue Mar 28 2023
This week the median list price for Houston, TX 77019 is $1,885,000 with the market action index hovering around 35. This is an increase over last month's market action index of 33. Inventory has decreased to 44. 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 continues to get hotter. More sales demand and fewer homes listed have contributed to a relatively long run of increasing prices. Current supply and demand levels show no sign of prices changing from their current trend.

Houston, TX 77019

Tue Mar 28 2023
This week the median list price for Houston, TX 77019 is $1,885,000 with the market action index hovering around 35. This is an increase over last month's market action index of 33. Inventory has decreased to 44. 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 continues to get hotter. More sales demand and fewer homes listed have contributed to a relatively long run of increasing prices. Current supply and demand levels show no sign of prices changing from their current trend.

Real-Time Market Profile

Never miss important changes in the Houston market.
Median List Price $1,885,000
Median Price of New Listings $875,000
Per Square Foot $471
Average Days on Market 152
Median Days on Market 144
Price Decreased 36%
Price Increased 0%
Relisted 14%
Inventory 44
Median Rent
Market Action 35
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
$12,900,000 12,209 0.5 - 1 acre 5 8 19 1 0 154
$2,995,000 4,691 8,000 - 10,000 sqft 4 4.5 11 1 1 42
$1,200,000 3,818 4,500 - 6,500 sqft 4 3.5 17 0 1 182
$700,000 2,621 0 - 4,500 sqft 3 3.5 21 3 0 147