Roger Martin Properties' Market Report

Houston, TX 77096

Single-Family Homes

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



Houston, TX 77096

Thu Apr 02 2020
This week the median list price for Houston, TX 77096 is $372,500 with the market action index hovering around 33. This is an increase over last month's market action index of 32. Inventory has held steady at or around 198. 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

Home sales continue to outstrip supply and the Market Action Index has been moving higher for several weeks. This is a Seller’s market so watch for upward pricing pressure in the near future if the trend continues.

Houston, TX 77096

Thu Apr 02 2020
This week the median list price for Houston, TX 77096 is $372,500 with the market action index hovering around 33. This is an increase over last month's market action index of 32. Inventory has held steady at or around 198. 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

Home sales continue to outstrip supply and the Market Action Index has been moving higher for several weeks. This is a Seller’s market so watch for upward pricing pressure in the near future if the trend continues.

Real-Time Market Profile

Never miss important changes in the Houston market.
Median List Price $372,500
Per Square Foot $170
Days on Market 164
Price Decreased 48%
Price Increased 2%
Relisted 23%
Inventory 198
Median Rent $2,400
Most Expensive $2,500,000
Least Expensive $154,900
Market Action 33
Slight Seller's Advantage

Again this week we see prices in this zip code remain roughly at the level they’ve been for several weeks. Since we’re significantly below the top of the market, look for a persistent up-shift in the Market Action Index before we see prices move 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
$549,900 2,989 8,000 - 10,000 sqft 4 3 55 4 9 204
$399,999 2,271 8,000 - 10,000 sqft 3 2 58 5 5 161
$348,500 2,250 8,000 - 10,000 sqft 3 2 58 4 4 152
$299,450 2,031 8,000 - 10,000 sqft 3 2 57 1 4 136