The table below shows weekly calculations of market conditions
for single-family dwellings* by price range in zip codes 77006 & 77098,
south of 59. 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. Updates: WEDNESDAY
| 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 |
|
|
|
Months inventory of single-family* homes for sale in price
ranges with at least THREE SALES in previous 12 months
(Since
this is a small area, using THREE sales instead of FIVE sales gives
more realistic data. FIVE sales were used to calculate 2002-2003 data)
|
| 2004 |
>$2M |
$1M-$1.99M |
$800-$999K |
$700-$799K |
$600-$699K |
$500-$599K |
$400-$499K |
$300-$399K |
$200-$299K |
$100-$199K |
Weighted
AVG |
| JAN
7 |
- |
- |
8.00 |
- |
6.00 |
4.00 |
3.27 |
1.26 |
2.00 |
- |
2.87 |
| JAN14 |
- |
- |
4.00 |
- |
6.00 |
4.00 |
2.18 |
1.89 |
2.00 |
- |
2.61 |
| JAN21 |
- |
- |
4.00 |
- |
6.00 |
4.00 |
2.18 |
1.89 |
0.00 |
- |
2.35 |
| JAN28 |
- |
- |
4.00 |
- |
3.00 |
4.00 |
2.18 |
1.89 |
2.00 |
- |
2.35 |
| FEB
4 |
- |
- |
4.00 |
- |
3.00 |
8.00 |
3.27 |
1.89 |
2.00 |
- |
2.87 |
| FEB11 |
- |
- |
4.00 |
- |
3.00 |
8.00 |
3.27 |
1.33 |
4.00 |
- |
2.93 |
| FEB18 |
- |
- |
4.00 |
- |
3.00 |
12.00 |
4.36 |
1.33 |
4.00 |
- |
3.47 |
| FEB25 |
- |
- |
3.00 |
- |
3.00 |
4.00 |
4.36 |
2.00 |
4.00 |
- |
3.13 |
| MAR
3 |
- |
- |
3.00 |
- |
0.00 |
8.00 |
4.36 |
2.00 |
4.80 |
- |
3.13 |
| MAR10 |
- |
- |
3.00 |
- |
0.00 |
8.00 |
4.36 |
3.33 |
4.80 |
- |
3.65 |
| MAR17 |
- |
- |
3.00 |
- |
0.00 |
8.00 |
4.36 |
3.33 |
4.80 |
- |
3.65 |
| MAR24 |
- |
- |
3.00 |
- |
0.00 |
8.00 |
3.27 |
2.12 |
7.20 |
- |
3.13 |
| MAR31 |
- |
- |
3.00 |
- |
0.00 |
6.00 |
2.18 |
4.24 |
7.20 |
- |
3.57 |
| APR
7 |
- |
- |
8.00 |
- |
0.00 |
6.00 |
2.18 |
3.00 |
4.80 |
- |
3.20 |
| APR14 |
- |
- |
12.00 |
- |
0.00 |
3.00 |
1.09 |
4.50 |
4.80 |
- |
3.47 |
| APR21 |
- |
4.00 |
12.00 |
- |
0.00 |
3.00 |
1.09 |
4.50 |
4.80 |
- |
3.50 |
| APR28 |
- |
0.00 |
12.00 |
- |
2.00 |
3.00 |
2.18 |
3.00 |
2.40 |
- |
3.00 |
| MAY
5 |
- |
0.00 |
12.00 |
- |
4.00 |
3.00 |
2.40 |
2.82 |
2.00 |
- |
3.18 |
| MAY12 |
- |
12.00 |
12.00 |
- |
4.00 |
3.00 |
2.40 |
2.12 |
2.00 |
- |
3.67 |
| MAY19 |
- |
12.00 |
12.00 |
- |
6.00 |
3.00 |
1.20 |
2.00 |
2.00 |
- |
3.60 |
| MAY26 |
- |
12.00 |
8.00 |
- |
6.00 |
3.00 |
2.18 |
1.20 |
3.43 |
- |
3.33 |
| JUN
2 |
- |
12.00 |
8.00 |
- |
6.00 |
2.40 |
2.18 |
1.14 |
4.00 |
- |
3.27 |
| JUN
9 |
- |
12.00 |
8.00 |
- |
6.00 |
0.00 |
1.33 |
1.64 |
4.00 |
- |
3.11 |
| JUN16 |
- |
12.00 |
8.00 |
- |
6.00 |
0.00 |
2.67 |
1.64 |
4.00 |
- |
3.33 |
| JUN23 |
- |
12.00 |
- |
- |
6.00 |
0.00 |
2.40 |
2.29 |
4.00 |
- |
3.29 |
| JUN30 |
- |
12.00 |
- |
- |
8.00 |
0.00 |
3.60 |
2.86 |
4.00 |
- |
4.00 |
| JUL
7 |
- |
12.00 |
- |
- |
6.00 |
0.00 |
3.60 |
3.16 |
4.80 |
- |
4.00 |
| JUL14 |
- |
12.00 |
- |
- |
4.00 |
2.40 |
6.67 |
3.16 |
4.80 |
- |
4.60 |
| JUL21 |
- |
16.00 |
- |
- |
2.00 |
2.40 |
7.50 |
2.67 |
2.40 |
- |
4.27 |
| SEP
1 |
|
9.00 |
- |
- |
2.00 |
3.00 |
5.14 |
2.67 |
0.00 |
- |
3.35 |
| SEP
8 |
8.00 |
9.00 |
- |
- |
1.50 |
3.00 |
3.43 |
2.67 |
0.00 |
- |
3.56 |
| SEP15 |
8.00 |
9.00 |
- |
- |
1.50 |
3.00 |
3.43 |
2.67 |
0.00 |
- |
3.56 |
| SEP22 |
8.00 |
9.00 |
- |
- |
1.50 |
3.00 |
3.43 |
3.53 |
0.00 |
- |
3.57 |
| SEP29 |
8.00 |
9.00 |
- |
- |
1.50 |
6.00 |
3.00 |
2.12 |
0.00 |
- |
3.25 |
| OCT
6 |
8.00 |
9.00 |
- |
- |
1.50 |
6.00 |
3.00 |
2.82 |
0.00 |
- |
3.49 |
| OCT13 |
4.00 |
9.00 |
- |
- |
1.50 |
6.00 |
1.50 |
4.24 |
0.00 |
- |
3.50 |
| OCT20 |
4.00 |
9.00 |
- |
- |
1.50 |
6.00 |
2.67 |
4.24 |
0.00 |
- |
3.67 |
| OCT27 |
4.00 |
9.00 |
- |
- |
2.00 |
6.00 |
2.67 |
2.82 |
0.00 |
- |
3.32 |
| NOV
3 |
4.00 |
9.00 |
- |
- |
2.00 |
6.00 |
0.00 |
4.00 |
0.00 |
- |
3.25 |
| NOV10 |
4.00 |
9.00 |
- |
- |
2.00 |
6.00 |
0.00 |
2.67 |
0.00 |
- |
2.75 |
| NOV17 |
8.00 |
6.00 |
- |
- |
2.00 |
8.00 |
1.50 |
4.50 |
0.00 |
- |
3.82 |
| NOV24 |
8.00 |
9.00 |
- |
- |
2.00 |
8.00 |
1.50 |
4.50 |
0.00 |
- |
4.19 |
| DEC
1 |
- |
6.00 |
16.00 |
- |
2.40 |
8.00 |
1.33 |
5.14 |
0.00 |
- |
4.68 |
| DEC
8 |
- |
6.00 |
16.00 |
- |
3.00 |
8.00 |
1.71 |
4.29 |
0.00 |
- |
4.74 |
| DEC15 |
- |
6.00 |
8.00 |
- |
3.00 |
- |
1.71 |
4.62 |
0.00 |
- |
3.88 |
| DEC22 |
- |
8.00 |
8.00 |
- |
3.00 |
- |
0.00 |
3.43 |
0.00 |
- |
3.18 |
| DEC29 |
- |
8.00 |
8.00 |
- |
3.00 |
- |
1.71 |
3.43 |
0.00 |
- |
3.53 |
| - |
>$2M |
$1M-$1.99M |
$800-$999K |
$700-$799K |
$600-$699K |
$500-$599K |
$400-$499K |
$300-$399K |
$200-$299K |
$100-$199K |
Weighted
AVG |
* Not including townhouses, condos,
high-rises or lofts, but may 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.
|
Equal Housing
Opportunity