Wed May 27 2020
This week the median list price for Houston, TX 77005 is $1,585,000 with the market action index hovering around 26. This is less than last month's market action index of 27. Inventory has held steady at or around 153.
This answers “How’s the Market?” by comparing rate of sales versus inventory.
Slight Buyer's Advantage
|Median List Price||$1,585,000|
|Per Square Foot||$398|
|Days on Market||151|
|Slight Buyer's Advantage|
Each segment below represents approximately 25% of the market ordered by price.
|Median Price||Sq. Ft.||Lot Size||Beds||Bath||Age||New||Absorbed||DOM|
|$2,689,000||5,423||8,000 - 10,000 sqft||5||5||5||1||4||196|
|$1,695,000||4,403||6,500 - 8,000 sqft||4||4||13||7||3||158|
|$1,357,500||3,541||4,500 - 6,500 sqft||4||3||29||2||5||99|
|$935,000||2,678||4,500 - 6,500 sqft||3||2||43||4||6||148|