Roger Martin Properties' Market Report

Houston, TX 77019

Single-Family Homes

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



Houston, TX 77019

Mon Jun 17 2019
This week the median list price for Houston, TX 77019 is $1,722,000 with the market action index hovering around 26. This is an increase over last month's market action index of 25. Inventory has held steady at or around 136. Click here to stay informed with the Houston market!

Market Action Index

The Market Action Index answers the question "How's the Market?" by measuring the current rate of sale versus the amount of the inventory. Index above 30 implies Seller's Market conditions. Below 30, conditions favor the buyer.

Today
Last Month

Slight Buyer's Advantage

The market has shown some evidence of slowing recently. Both prices and inventory levels are relatively unchanged in recent weeks. Watch the Market Action Index for changes as it can be a leading indicator for price changes.

Houston, TX 77019

Mon Jun 17 2019
This week the median list price for Houston, TX 77019 is $1,722,000 with the market action index hovering around 26. This is an increase over last month's market action index of 25. Inventory has held steady at or around 136. Click here to stay informed with the Houston market!

Market Action Index

The Market Action Index answers the question "How's the Market?" by measuring the current rate of sale versus the amount of the inventory. Index above 30 implies Seller's Market conditions. Below 30, conditions favor the buyer.

Today
Last Month

Slight Buyer's Advantage

The market has shown some evidence of slowing recently. Both prices and inventory levels are relatively unchanged in recent weeks. Watch the Market Action Index for changes as it can be a leading indicator for price changes.

Real-Time Market Profile

Never miss important changes in the Houston market.
Median List Price $1,722,000
Per Square Foot $408
Days on Market 139
Price Decreased 47%
Price Increased 1%
Relisted 18%
Inventory 136
Median House Rent $2,525
Most Expensive $20,000,000
Least Expensive $310,000
Market Action Index
Slight Buyer's Advantage
26

We continue to see prices in this zip code bounce around this 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
$5,547,500 7,551 0.5 - 1 acre 5 7 34 2 0 181
$2,587,500 5,225 8,000 - 10,000 sqft 4 4 14 0 3 162
$961,900 3,462 0 - 4,500 sqft 3 3 4 1 2 113
$587,391 2,579 0 - 4,500 sqft 3 3 5 4 6 102