2004 Market Watch-Zip 77096

The table below shows weekly calculations of market conditions for single-family* dwellings by price range in zip code 77096. 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: FRIDAY

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 FIVE SALES in previous 12 months**
2004	$1M-$1.99M	$800-$999K	$700-$799K	$600-$699K	$500-$599K	$400-$499K	$300-$399K	$200-$299K	$100-$199K	Weighted AVG
JAN 2	-	-	-	-	-	19.20	6.55	4.13	4.04	4.50
JAN 9	-	-	-	-	-	16.00	7.09	4.37	3.79	4.50
JAN16	-	-	-	-	-	14.00	6.55	4.43	4.05	4.58
JAN23	-	-	-	-	-	12.00	7.64	4.27	4.08	4.57
JAN30	-	-	-	-	-	10.00	7.30	4.48	3.87	4.50
FEB 6	-	-	-	-	-	12.00	6.72	4.42	3.66	4.36
FEB13	-	-	-	-	-	16.80	6.24	4.24	3.63	4.30
FEB20	-	-	-	-	-	19.20	6.24	4.36	3.74	4.45
FEB27	-	-	-	-	-	19.20	8.50	4.15	3.36	4.35
MAR 5	-	-	-	-	-	19.20	8.64	4.39	3.36	4.47
MAR12	-	-	-	-	-	19.20	6.92	4.50	3.30	4.37
MAR19	-	-	-	-	-	18.00	7.85	4.76	3.74	4.78
MAR26	-	-	-	-	-	18.00	7.85	5.24	3.58	4.91
APR 2	-	-	-	-	-	-	7.68	5.01	3.43	4.45
APR 9	-	-	-	-	-	19.20	7.56	4.93	3.39	4.64
APR16	-	-	-	-	-	21.60	8.31	5.33	3.10	4.77
APR23	-	-	-	-	-	21.60	7.38	4.57	3.88	4.25
APR30	-	-	-	-	-	19.20	7.68	4.61	2.75	4.17
MAY 7	-	-	-	-	-	19.20	8.16	4.43	3.23	4.35
MAY14	-	-	-	-	-	16.80	9.12	4.49	3.29	4.43
MAY21	-	-	-	-	-	19.20	8.31	4.09	3.39	4.30
MAY28	-	-	-	-	-	20.00	6.22	4.72	2.96	4.27
JUN 4	-	-	-	-	-	20.00	6.67	4.63	3.00	4.30
JUN11	-	-	-	-	-	18.00	6.86	5.08	3.32	4.63
JUN18	-	-	-	-	-	18.00	7.03	4.52	3.08	4.31
JUN25	-	-	-	-	-	18.00	5.60	4.14	2.89	3.93
JUL 2	-	-	-	-	-	18.00	5.25	4.49	3.34	4.27
JUL 9	-	-	-	-	-	14.00	6.38	4.33	3.53	4.31
JUL16	-	-	-	-	-	18.00	6.40	4.32	3.62	4.42
JUL23	-	-	-	-	-	15.43	4.65	4.45	3.43	4.22
SEP 3	-	-	-	-	-	12.00	6.00	5.17	4.24	4.95
SEP10	-	-	-	-	-	12.00	6.00	5.18	3.89	4.82
SEP17	-	-	-	-	-	10.67	6.72	5.00	3.55	4.62
SEP24	-	-	-	-	-	10.50	6.72	4.60	3.22	4.27
OCT 1	-	-	-	-	-	10.50	6.00	4.30	3.45	4.19
OCT 8	-	-	-	-	-	10.50	6.92	5.21	3.61	4.72
OCT15	-	-	-	-	-	10.50	6.92	5.34	3.59	4.76
OCT22	-	-	-	-	-	10.50	5.78	5.49	3.71	4.81
OCT29	-	-	-	-	-	9.00	6.00	5.52	3.70	4.81
NOV 5	-	-	-	-	-	9.00	5.54	5.49	3.92	4.86
NOV12	-	-	-	-	-	7.50	5.33	5.44	3.76	4.71
NOV19	-	-	-	-	-	8.57	4.62	4.85	3.84	4.44
NOV26	-	-	-	-	-	8.57	5.08	4.59	4.11	4.50
DEC 3	-	-	-	-	-	8.57	4.44	4.82	4.22	4.59
DEC10	-	-	-	-	-	9.00	3.00	4.55	4.39	4.45
DEC17	-	-	-	-	-	6.67	3.31	3.97	4.63	4.29
DEC24	-	-	-	-	-	5.33	3.87	3.77	4.36	4.09
DEC31	-	-	-	-	-	9.00	3.75	3.62	4.30	4.07
-	$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.