My Favorite Real Estate Market Update

Houston, AK

Single-Family Homes

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Houston, AK

Tue May 26 2020
This week the median list price for Houston, AK is $210,000 with the market action index hovering around 35. This is less than last month's market action index of 37. Inventory has held steady at or around 7. 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

Market appears to have begun to cool. As we’re still notably in the Seller’s zone, prices have not yet adjusted. If the market continues to cool, then expect prices to follow lower. It may take a few more weeks of slack demand for prices to reflect and begin to fall. Expect this condition if the index falls to the Buyer’s zone.

Houston, AK

Tue May 26 2020
This week the median list price for Houston, AK is $210,000 with the market action index hovering around 35. This is less than last month's market action index of 37. Inventory has held steady at or around 7. 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

Market appears to have begun to cool. As we’re still notably in the Seller’s zone, prices have not yet adjusted. If the market continues to cool, then expect prices to follow lower. It may take a few more weeks of slack demand for prices to reflect and begin to fall. Expect this condition if the index falls to the Buyer’s zone.

Real-Time Market Profile

Never miss important changes in the Houston market.
Median List Price $210,000
Per Square Foot $152
Days on Market 63
Price Decreased 43%
Price Increased 0%
Relisted 29%
Inventory 7
Median Rent
Most Expensive $899,000
Least Expensive $107,000
Market Action 35
Slight Seller's Advantage

Prices continue their climb again this week. We’re a long way from the market’s price high-point so watch the Market Action Index as an indicator of how long this trend will last.

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
$899,000 4,766 10 - 20 acres 6 8 60 1 0 0
$234,450 1,254 1 - 2.5 acres 2 1 13 0 0 70
$207,500 1,472 1 - 2.5 acres 3 1 15 0 0 35
$143,500 668 2.5 - 5 acres 2 1 37 0 1 115