Roger Martin Properties' Market Report

Houston, TX 77096

Single-Family Homes

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



Houston, TX 77096

Thu Jan 23 2020
This week the median list price for Houston, TX 77096 is $391,000 with the market action index hovering around 27. This is about the same as last month's market action index of 27. Inventory has held steady at or around 204. 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 77096

Thu Jan 23 2020
This week the median list price for Houston, TX 77096 is $391,000 with the market action index hovering around 27. This is about the same as last month's market action index of 27. Inventory has held steady at or around 204. 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 $391,000
Per Square Foot $171
Days on Market 182
Price Decreased 52%
Price Increased 1%
Relisted 23%
Inventory 204
Median Rent $2,500
Most Expensive $1,399,900
Least Expensive $198,800
Market Action 27
Slight Buyer'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
$575,000 3,066 8,000 - 10,000 sqft 4 3 55 6 1 212
$425,000 2,286 8,000 - 10,000 sqft 3 2 58 7 2 185
$349,900 2,264 8,000 - 10,000 sqft 3 2 58 5 3 150
$299,000 2,117 8,000 - 10,000 sqft 3 2 60 7 4 180