Roger Martin Properties' Market Report

Houston, TX 77005

Single-Family Homes

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



Houston, TX 77005

Sat Dec 07 2019
This week the median list price for Houston, TX 77005 is $1,650,000 with the market action index hovering around 28. This is an increase over last month's market action index of 27. Inventory has held steady at or around 129. 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

Sat Dec 07 2019
This week the median list price for Houston, TX 77005 is $1,650,000 with the market action index hovering around 28. This is an increase over last month's market action index of 27. Inventory has held steady at or around 129. 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 $1,650,000
Per Square Foot $397
Days on Market 164
Price Decreased 55%
Price Increased 0%
Relisted 20%
Inventory 129
Median Rent $3,000
Most Expensive $5,299,000
Least Expensive $422,500
Market Action 28
Slight Buyer's Advantage

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
$2,896,500 5,508 8,000 - 10,000 sqft 5 5 2 2 1 192
$1,824,999 4,612 6,500 - 8,000 sqft 4 5 7 0 2 211
$1,449,250 3,700 4,500 - 6,500 sqft 4 3 20 0 4 107
$899,999 2,630 4,500 - 6,500 sqft 3 3 36 2 4 145