Roger Martin Properties' Market Report

Houston, TX 77005

Single-Family Homes

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



Houston, TX 77005

Fri Sep 20 2019
This week the median list price for Houston, TX 77005 is $1,624,950 with the market action index hovering around 29. This is less than last month's market action index of 30. Inventory has held steady at or around 138. 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 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 77005

Fri Sep 20 2019
This week the median list price for Houston, TX 77005 is $1,624,950 with the market action index hovering around 29. This is less than last month's market action index of 30. Inventory has held steady at or around 138. 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 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 $1,624,950
Per Square Foot $391
Days on Market 127
Price Decreased 52%
Price Increased 2%
Relisted 30%
Inventory 138
Median House Rent $3,000
Most Expensive $4,399,000
Least Expensive $399,500
Market Action Index
Slight Buyer's Advantage
29

Prices in this zip code seem to have settled around a 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
$2,390,000 5,209 8,000 - 10,000 sqft 4 5 5 6 11 213
$1,750,000 4,465 6,500 - 8,000 sqft 4 4 12 4 4 119
$1,348,000 3,685 4,500 - 6,500 sqft 4 3 18 2 0 103
$849,900 2,500 4,500 - 6,500 sqft 3 2 67 7 3 77