Fri Jul 10 2020
This week the median list price for Houston, TX 77019 is $1,547,450 with the market action index hovering around 25. This is an increase over last month's market action index of 23. Inventory has held steady at or around 134.
This answers “How’s the Market?” by comparing rate of sales versus inventory.
Slight Buyer's Advantage
|Median List Price||$1,547,450|
|Per Square Foot||$377|
|Days on Market||172|
|Slight Buyer's Advantage|
Prices in this zip code have been on a downward trend recently and this week, while essentially flat, doesn't break us out of that cycle.
Each segment below represents approximately 25% of the market ordered by price.
|Median Price||Sq. Ft.||Lot Size||Beds||Bath||Age||New||Absorbed||DOM|
|$5,495,000||7,278||0.25 - 0.5 acre||5||7||30||1||1||248|
|$2,495,000||5,042||8,000 - 10,000 sqft||4||4||20||4||2||188|
|$1,012,000||3,264||0 - 4,500 sqft||3||3||6||0||3||140|
|$564,950||2,474||0 - 4,500 sqft||3||3||7||3||4||114|