2004 Market Watch Weekly Averages

The table below shows weekly calculations of market conditions for single-family* dwellings by price range in 19 zip codes. Months inventory estimates the number of months it will take to deplete current active inventory based on the prior 12 months sales activity. This figure is representative of the single-family homes market.

Zip codes: 77004, 77005, 77098, 77007, 77008, 77009, 77018, 77019, 77024, 77025, 77027, 77030, 77035, 77056, 77057, 77063, 77079, 77098, 77401

Buyer's market	Slightly soft market	Normal market	Slightly strong market	Seller's market
12+ months	11 months	9-10 months	8 months	< 8 months

Market Condition and Current Inventory (in months) for 19 Zip Codes in price ranges with at least five sales in previous 12 months OR ten+ currently available properties
2004	>$2M	$1M-$1.99M	$800-$999K	$700-$799K	$600-$699K	$500-$599K	$400-$499K	$300-$399K	$200-$299K	$100-$199K
JAN 9	Buyer's 18	Buyer's 12	Seller's 6	Normal 9	Seller's 7	Seller's 6	Seller's 6	Slightly Strong 8	Seller's 5	Seller's 4
JAN16	Buyer's 19	Buyer's 12	Seller's 6	Normal 9	Seller's 7	Seller's 6	Seller's 7	Slightly Strong 8	Seller's 5	Seller's 4
JAN23	Buyer's 20	Buyer's 12	Seller's 6	Normal 10	Seller's 7	Seller's 5	Seller's 6	Slightly Strong 8	Seller's 5	Seller's 4
JAN30	Buyer's 19	Buyer's 12	Seller's 6	Normal 9	Slightly Strong 8	Seller's 5	Seller's 6	Slightly Strong 8	Seller's 5	Seller's 5
FEB 6	Buyer's 18	Buyer's 13	Seller's 6	Normal 9	Seller's 7	Seller's 6	Seller's 6	Slightly Strong 8	Seller's 4	Seller's 5
FEB13	Buyer's 19	Buyer's 13	Seller's 6	Normal 10	Seller's 7	Seller's 6	Seller's 6	Slightly Strong 8	Seller's 4	Seller's 5
FEB20	Buyer's 18	Buyer's 12	Seller's 6	Normal 9	Seller's 7	Seller's 6	Seller's 6	Slightly Strong 8	Seller's 5	Seller's 5
FEB27	Buyer's 19	Buyer's 13	Seller's 6	Normal 9	Seller's 7	Seller's 6	Seller's 7	Slightly Strong 8	Seller's 5	Seller's 5
MAR 5	Buyer's 19	Buyer's 13	Seller's 6	Normal 10	Seller's 7	Seller's 6	Slightly Strong 8	Slightly Strong 8	Seller's 4	Seller's 4
MAR12	Buyer's 19	Buyer's 13	Seller's 6	Normal 9	Seller's 6	Seller's 6	Slightly Strong 8	Slightly Strong 8	Seller's 5	Seller's 4
MAR19	Buyer's 17	Buyer's 12	Seller's 6	Slightly Soft 11	Seller's 6	Seller's 6	Seller's 7	Slightly Strong 8	Seller's 5	Seller's 4
MAR26	Buyer's 17	Buyer's 13	Seller's 6	Normal 10	Seller's 6	Seller's 6	Seller's 7	Slightly Strong 8	Seller's 5	Seller's 5
APR 2	Buyer's 16	Buyer's 13	Seller's 6	Normal 9	Seller's 7	Seller's 7	Seller's 6	Slightly Strong 8	Seller's 5	Seller's 5
APR 9	Buyer's 17	Buyer's 13	Seller's 7	Slightly Strong 8	Seller's 6	Seller's 7	Seller's 7	Slightly Strong 8	Seller's 5	Seller's 5
APR16	Buyer's 16	Buyer's 13	Seller's 7	Slightly Strong 8	Seller's 7	Seller's 7	Slightly Strong 8	Slightly Strong 8	Seller's 5	Seller's 5
APR23	Buyer's 15	Buyer's 12	Seller's 7	Slightly Strong 8	Seller's 7	Seller's 7	Seller's 7	Slightly Strong 8	Seller's 5	Seller's 5
APR30	Buyer's 14	Buyer's 13	Slightly Strong 8	Slightly Strong 8	Seller's 6	Seller's 7	Seller's 7	Slightly Strong 8	Seller's 5	Seller's 5
MAY 7	Buyer's 14	Buyer's 14	Seller's 7	Normal 9	Seller's 7	Slightly Strong 8	Slightly Strong 8	Slightly Strong 8	Seller's 5	Seller's 5
MAY14	Buyer's 13	Buyer's 13	Seller's 7	Normal 9	Seller's 7	Slightly Strong 8	Slightly Strong 8	Slightly Strong 8	Seller's 5	Seller's 5
MAY21	Buyer's 12	Buyer's 12	Seller's 7	Normal 9	Seller's 6	Seller's 7	Slightly Strong 8	Normal 9	Seller's 4	Seller's 5
MAY28	Buyer's 14	Slightly Soft 11	Seller's 7	Slightly Strong 8	Seller's 6	Seller's 7	Normal 9	Normal 9	Seller's 5	Seller's 5
JUN 4	Buyer's 13	Slightly Soft 11	Seller's 7	Slightly Strong 8	Seller's 7	Slightly Strong 8	Slightly Strong 8	Normal 9	Seller's 5	Seller's 5
JUN11	Buyer's 13	Normal 10	Seller's 7	Slightly Strong 8	Seller's 7	Slightly Strong 8	Normal 9	Normal 9	Seller's 5	Seller's 5
JUN18	Buyer's 13	Slightly Soft 11	Seller's 7	Slightly Strong 8	Seller's 7	Seller's 7	Normal 9	Normal 9	Seller's 5	Seller's 5
JUN25	Buyer's 13	Slightly Soft 11	Seller's 7	Seller's 7	Seller's 6	Slightly Strong 8	Normal 9	Normal 9	Seller's 5	Seller's 5
JUL 2	Buyer's 13	Slightly Soft 11	Slightly Strong 8	Seller's 7	Seller's 6	Slightly Strong 8	Normal 9	Normal 9	Seller's 5	Seller's 5
JUL 9	Buyer's 12	Slightly Soft 11	Slightly Strong 8	Seller's 7	Seller's 6	Slightly Strong 8	Slightly Strong 8	Normal 9	Seller's 5	Seller's 5
JUL16	Buyer's 12	Buyer's 12	Slightly Strong 8	Slightly Strong 8	Seller's 6	Slightly Strong 8	Normal 9	Normal 9	Seller's 5	Seller's 5
JUL23	Buyer's 12	Buyer's 12	Normal 9	Slightly Strong 8	Seller's 6	Seller's 7	Slightly Strong 8	Normal 10	Seller's 5	Seller's 5
SEP10	Slightly Soft 11	Buyer's 12	Slightly Strong 8	Slightly Strong 8	Seller's 5	Seller's 6	Seller's 7	Normal 10	Seller's 5	Seller's 5
SEP17	Normal 10	Buyer's 12	Slightly Strong 8	Slightly Strong 8	Seller's 5	Seller's 5	Seller's 7	Normal 10	Seller's 5	Seller's 5
SEP24	Normal 10	Buyer's 13	Seller's 7	Normal 9	Seller's 5	Seller's 5	Seller's 7	Normal 10	Seller's 5	Seller's 4
OCT 1	Normal 10	Buyer's 13	Seller's 7	Slightly Strong 8	Seller's 5	Seller's 6	Seller's 7	Normal 10	Seller's 5	Seller's 5
OCT 8	Buyer's 12	Buyer's 13	Seller's 7	Slightly Strong 8	Seller's 5	Seller's 6	Seller's 7	Normal 10	Seller's 5	Seller's 5
OCT15	Slightly Soft 11	Buyer's 13	Seller's 7	Slightly Strong 8	Seller's 5	Seller's 6	Seller's 7	Slightly Soft 11	Seller's 5	Seller's 5
OCT22	Normal 10	Buyer's 13	Seller's 7	Slightly Strong 8	Seller's 5	Seller's 6	Seller's 7	Slightly Soft 11	Seller's 5	Seller's 5
OCT29	Slightly Soft 11	Buyer's 13	Slightly Strong 8	Slightly Strong 8	Seller's 5	Seller's 6	Seller's 7	Normal 10	Seller's 5	Seller's 5
NOV 5	Buyer's 12	Buyer's 13	Slightly Strong 8	Slightly Strong 8	Seller's 4	Seller's 5	Seller's 7	Normal 10	Seller's 5	Seller's 5
NOV12	Buyer's 14	Buyer's 13	Seller's 7	Slightly Strong 8	Seller's 4	Seller's 5	Seller's 7	Normal 10	Seller's 5	Seller's 5
NOV19	Buyer's 15	Buyer's 12	Seller's 7	Slightly Strong 8	Seller's 4	Seller's 6	Seller's 6	Normal 9	Seller's 5	Seller's 5
NOV26	Buyer's 15	Buyer's 12	Seller's 7	Normal 9	Seller's 5	Seller's 5	Seller's 6	Normal 9	Seller's 5	Seller's 5
DEC 3	Buyer's 18	Buyer's 12	Slightly Strong 8	Slightly Strong 8	Seller's 5	Seller's 5	Seller's 6	Normal 9	Seller's 5	Seller's 5
DEC10	Buyer's 19	Slightly Soft 11	Slightly Strong 8	Normal 9	Seller's 5	Seller's 5	Seller's 7	Normal 9	Seller's 5	Seller's 5
DEC17	Buyer's 18	Buyer's 12	Seller's 7	Normal 9	Seller's 4	Seller's 5	Seller's 6	Normal 9	Seller's 5	Seller's 5
DEC24	Buyer's 17	Buyer's 12	Seller's 7	Normal 9	Seller's 4	Seller's 5	Seller's 6	Slightly Strong 8	Seller's 5	Seller's 5
DEC31	Buyer's 17	Slightly Soft 11	Seller's 6	Normal 9	Seller's 5	Seller's 4	Seller's 6	Slightly Strong 8	Seller's 5	Seller's 4
-	>$2M	$1M-$1.99M	$800-$999K	$700-$799K	$600-$699K	$500-$599K	$400-$499K	$300-$399K	$200-$299K	$100-$199K

* This data does not include townhouses, condos, high-rises or lofts, but does include patio homes. DISCLAIMER: This information is compiled from the Houston Association of Realtors MLS database. It is considered generally reliable but not guaranteed.

Thanks to Ted C. Jones, Senior Vice President and Chief Economist for Stewart Title Guaranty Co. for providing the formula to determine market condition.