Roger Martin Properties' Market Report

Houston, TX 77019

Single-Family Homes

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



Houston, TX 77019

Fri Jul 01 2022
This week the median list price for Houston, TX 77019 is $2,290,000 with the market action index hovering around 37. This is less than last month's market action index of 41. Inventory has increased to 51. 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

Market conditions have been consistently cooling in the past several weeks. Because we’re still in the Seller’s zone, prices have not yet begun to drop. It may take a few more weeks of slack demand for prices to reflect and begin to fall. Expect prices to fall if the index persistently falls to the Buyer’s zone.

Houston, TX 77019

Fri Jul 01 2022
This week the median list price for Houston, TX 77019 is $2,290,000 with the market action index hovering around 37. This is less than last month's market action index of 41. Inventory has increased to 51. 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

Market conditions have been consistently cooling in the past several weeks. Because we’re still in the Seller’s zone, prices have not yet begun to drop. It may take a few more weeks of slack demand for prices to reflect and begin to fall. Expect prices to fall if the index persistently falls to the Buyer’s zone.

Real-Time Market Profile

Never miss important changes in the Houston market.
Median List Price $2,290,000
Median Price of New Listings $957,450
Per Square Foot $514
Average Days on Market 74
Median Days on Market 35
Price Decreased 39%
Price Increased 0%
Relisted 6%
Inventory 51
Median Rent
Market Action 37
Slight Seller's Advantage

In this zip code this week saw relatively little price change from last week. However, we continue to demonstrate a nice up trend over the last several weeks.

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
$11,950,000 11,173 1 - 2.5 acres 5 7.5 30 0 0 105
$3,375,000 5,219 0.25 - 0.5 acre 4 5.5 15 0 0 42
$1,325,000 3,438 6,500 - 8,000 sqft 4 3.5 77 5 0 14
$675,000 2,770 0 - 4,500 sqft 3 3.5 17 3 0 21