Roger Martin Properties' Market Report

Pearland, TX 77584

Single-Family Homes

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



Pearland, TX 77584

Sun Jun 24 2018
This week the median list price for Pearland, TX 77584 is $330,000 with the market action index hovering around 41. This is about the same as last month's market action index of 41. Inventory has held steady at or around 303. Click here to stay informed with the Pearland 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 Seller's Advantage

Home sales continue to outstrip supply and the Market Action Index has been moving higher for several weeks. This is a Seller’s market so watch for upward pricing pressure in the near future if the trend continues.

Pearland, TX 77584

Sun Jun 24 2018
This week the median list price for Pearland, TX 77584 is $330,000 with the market action index hovering around 41. This is about the same as last month's market action index of 41. Inventory has held steady at or around 303. Click here to stay informed with the Pearland 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 Seller's Advantage

Home sales continue to outstrip supply and the Market Action Index has been moving higher for several weeks. This is a Seller’s market so watch for upward pricing pressure in the near future if the trend continues.

Real-Time Market Profile

Never miss important changes in the Pearland market.
Median List Price $330,000
Per Square Foot $111
Days on Market 75
Price Decreased 46%
Price Increased 10%
Relisted 9%
Inventory 303
Median House Rent $1,949
Most Expensive $3,563,550
Least Expensive $165,000
Market Action Index
Slight Seller's Advantage
41

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
$450,000 4,016 0.25 - 0.5 acre 4 3 9 5 6 100
$360,000 3,388 8,000 - 10,000 sqft 4 3 7 5 4 75
$310,000 2,882 6,500 - 8,000 sqft 4 3 7 9 5 75
$249,900 2,207 6,500 - 8,000 sqft 3 2 13 25 19 52