Roger Martin Properties' Market Report

Houston, TX 77019

Single-Family Homes

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



Houston, TX 77019

Mon Apr 06 2020
This week the median list price for Houston, TX 77019 is $1,595,000 with the market action index hovering around 25. This is about the same as last month's market action index of 25. Inventory has held steady at or around 131. 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

Home sales have been exceeding new inventory for several weeks. Since this is a Buyer’s market, prices are not yet moving higher as excess inventory is consumed. However, as the supply and demand trends continue, the market moves into the Seller’s zone, and we are likely to see upward pressure on pricing.

Houston, TX 77019

Mon Apr 06 2020
This week the median list price for Houston, TX 77019 is $1,595,000 with the market action index hovering around 25. This is about the same as last month's market action index of 25. Inventory has held steady at or around 131. 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

Home sales have been exceeding new inventory for several weeks. Since this is a Buyer’s market, prices are not yet moving higher as excess inventory is consumed. However, as the supply and demand trends continue, the market moves into the Seller’s zone, and we are likely to see upward pressure on pricing.

Real-Time Market Profile

Never miss important changes in the Houston market.
Median List Price $1,595,000
Per Square Foot $394
Days on Market 187
Price Decreased 29%
Price Increased 1%
Relisted 21%
Inventory 131
Median Rent $2,495
Most Expensive $20,000,000
Least Expensive $315,000
Market Action 25
Slight Buyer's Advantage

Prices in this zip code seem to have settled around a plateau. Look for a persistent down-shift in the Market Action Index before we see prices deviate from these levels.

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
$5,850,000 7,417 0.25 - 0.5 acre 5 6 32 1 0 244
$2,250,000 4,969 8,000 - 10,000 sqft 4 4 19 0 3 234
$915,000 3,424 0 - 4,500 sqft 3 3 8 3 0 159
$599,900 2,543 0 - 4,500 sqft 3 3 1 1 3 112