Roger Martin Properties' Market Report

Houston, TX 77096

Single-Family Homes

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



Houston, TX 77096

Wed Mar 20 2019
This week the median list price for Houston, TX 77096 is $400,000 with the market action index hovering around 27. This is less than last month's market action index of 28. Inventory has held steady at or around 222. Click here to stay informed with the Houston market!

Market Action Index

The Market Action Index answers the question "How's the Market?" by measuring the current rate of sale versus the amount of the inventory. Index above 30 implies Seller's Market conditions. Below 30, conditions favor the buyer.

Today
Last Month

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 77096

Wed Mar 20 2019
This week the median list price for Houston, TX 77096 is $400,000 with the market action index hovering around 27. This is less than last month's market action index of 28. Inventory has held steady at or around 222. Click here to stay informed with the Houston market!

Market Action Index

The Market Action Index answers the question "How's the Market?" by measuring the current rate of sale versus the amount of the inventory. Index above 30 implies Seller's Market conditions. Below 30, conditions favor the buyer.

Today
Last Month

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 $400,000
Per Square Foot $177
Days on Market 157
Price Decreased 41%
Price Increased 3%
Relisted 19%
Inventory 222
Median House Rent $2,275
Most Expensive $1,499,000
Least Expensive $179,000
Market Action Index
Slight Buyer's Advantage
27

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
$689,000 3,458 8,000 - 10,000 sqft 4 3 54 3 1 178
$444,900 2,448 8,000 - 10,000 sqft 4 2 57 4 1 132
$379,000 2,253 8,000 - 10,000 sqft 3 2 57 3 1 169
$302,500 2,092 8,000 - 10,000 sqft 3 2 57 3 8 150