Roger Martin Properties' Market Report

Houston, TX 77005

Single-Family Homes

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



Houston, TX 77005

Sat Jun 12 2021
This week the median list price for Houston, TX 77005 is $1,699,500 with the market action index hovering around 45. This is less than last month's market action index of 46. Inventory has increased to 77. 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.

Strong Seller's Market

The market continues to get hotter. More sales demand and fewer homes listed have contributed to a relatively long run of increasing prices. Current supply and demand levels show no sign of prices changing from their current trend.

Houston, TX 77005

Sat Jun 12 2021
This week the median list price for Houston, TX 77005 is $1,699,500 with the market action index hovering around 45. This is less than last month's market action index of 46. Inventory has increased to 77. 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.

Strong Seller's Market

The market continues to get hotter. More sales demand and fewer homes listed have contributed to a relatively long run of increasing prices. Current supply and demand levels show no sign of prices changing from their current trend.

Real-Time Market Profile

Never miss important changes in the Houston market.
Median List Price $1,699,500
Median Price of New Listings $1,349,950
Per Square Foot $431
Average Days on Market 102
Median Days on Market 35
Price Decreased 39%
Price Increased 3%
Relisted 14%
Inventory 77
Median Rent $3,850
Market Action 45
Strong Seller's Market

The market for this zip code continues its bounce again this week. We're a long way from the market's high point so watch the Market Action Index to predict how long this trend will last.

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
$3,300,000 5,558 8,000 - 10,000 sqft 5 5 14 1 1 35
$1,950,000 4,525 6,500 - 8,000 sqft 4 4 14 1 2 49
$1,349,900 3,485 4,500 - 6,500 sqft 4 3 27 4 4 21
$749,999 1,958 4,500 - 6,500 sqft 3 2 69 4 2 42