Roger Martin Properties' Market Report

Houston, TX 77005

Single-Family Homes

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



Houston, TX 77005

Mon Jan 24 2022
This week the median list price for Houston, TX 77005 is $1,799,000 with the market action index hovering around 39. This is about the same as last month's market action index of 39. Inventory has held steady at or around 51. 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 Seller's Advantage

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

Mon Jan 24 2022
This week the median list price for Houston, TX 77005 is $1,799,000 with the market action index hovering around 39. This is about the same as last month's market action index of 39. Inventory has held steady at or around 51. 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 Seller's Advantage

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 $1,799,000
Median Price of New Listings $1,299,000
Per Square Foot $502
Average Days on Market 166
Median Days on Market 98
Price Decreased 24%
Price Increased 4%
Relisted 25%
Inventory 51
Median Rent $4,500
Market Action 39
Slight Seller's Advantage

Price trends in this zip code continued their recent uptrend this week. While still below the market's high point, we've seen a nice run recently.

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
$3,595,000 5,585 0.25 - 0.5 acre 4 5.8 9 1 1 91
$2,149,000 4,380 6,500 - 8,000 sqft 4 4.5 1 1 2 168
$1,349,000 3,425 4,500 - 6,500 sqft 4 4 35 4 2 42
$730,000 1,870 4,500 - 6,500 sqft 3 2.5 70 3 3 126