The table below shows weekly calculations of market conditions
for single-family* dwellings by price range in zip code 77056. 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:
THURSDAY
| 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 |
>$2M |
$1M-$1.99M |
$800-$999K |
$700-$799K |
$600-$699K |
$500-$599K |
$400-$499K |
$300-$399K |
$200-$299K |
$100-$199K |
Weighted
AVG |
| JAN
1 |
- |
9.09 |
4.88 |
5.00 |
6.55 |
10.00 |
7.29 |
4.17 |
0.89 |
2.40 |
5.84 |
| JAN
8 |
- |
10.18 |
4.94 |
7.00 |
6.00 |
7.58 |
9.43 |
4.70 |
1.33 |
2.00 |
6.31 |
| JAN15 |
- |
10.55 |
4.94 |
11.00 |
7.00 |
7.58 |
8.57 |
4.70 |
1.71 |
2.00 |
6.58 |
| JAN22 |
- |
11.65 |
4.36 |
9.23 |
7.20 |
7.58 |
7.86 |
4.17 |
2.57 |
2.00 |
6.58 |
| JAN29 |
- |
13.09 |
3.64 |
11.14 |
7.20 |
8.00 |
7.74 |
4.17 |
2.14 |
6.00 |
6.92 |
| FEB
5 |
- |
13.09 |
3.64 |
11.08 |
8.00 |
8.40 |
8.13 |
4.17 |
1.71 |
4.00 |
6.92 |
| FEB12 |
- |
13.09 |
4.00 |
11.08 |
8.40 |
7.20 |
7.35 |
4.50 |
2.57 |
4.00 |
6.91 |
| FEB19 |
- |
12.34 |
4.36 |
10.15 |
7.64 |
7.20 |
7.88 |
5.00 |
2.57 |
4.00 |
6.95 |
| FEB26 |
- |
11.66 |
4.46 |
10.15 |
8.31 |
8.84 |
7.13 |
5.00 |
2.48 |
4.00 |
6.87 |
| MAR
4 |
- |
11.66 |
4.73 |
10.15 |
7.71 |
7.58 |
7.41 |
3.69 |
2.57 |
2.00 |
6.63 |
| MAR11 |
- |
11.66 |
4.50 |
10.29 |
8.31 |
9.47 |
8.00 |
3.69 |
2.67 |
4.00 |
7.02 |
| MAR18 |
- |
10.74 |
5.03 |
11.14 |
8.31 |
8.21 |
8.36 |
3.36 |
2.67 |
4.00 |
6.99 |
| MAR25 |
- |
10.70 |
4.88 |
11.14 |
9.23 |
8.21 |
9.00 |
3.84 |
3.11 |
4.00 |
7.20 |
| APR
1 |
- |
9.47 |
5.60 |
10.40 |
12.00 |
10.11 |
9.75 |
5.22 |
3.23 |
6.00 |
7.84 |
| APR
8 |
- |
9.85 |
6.19 |
9.60 |
12.92 |
9.33 |
9.75 |
5.22 |
3.56 |
5.14 |
7.90 |
| APR15 |
- |
9.30 |
5.42 |
9.60 |
12.92 |
8.67 |
9.75 |
5.22 |
3.69 |
3.43 |
7.61 |
| APR22 |
- |
8.49 |
6.00 |
7.20 |
11.14 |
9.47 |
10.45 |
6.26 |
4.15 |
3.43 |
7.65 |
| APR29 |
- |
8.78 |
7.29 |
10.40 |
11.08 |
6.32 |
10.84 |
6.26 |
4.62 |
3.43 |
7.92 |
| MAY
6 |
- |
9.14 |
7.45 |
12.00 |
12.00 |
6.00 |
11.59 |
7.83 |
3.69 |
3.43 |
8.28 |
| MAY13 |
9.60 |
8.37 |
7.20 |
11.20 |
12.00 |
6.00 |
9.60 |
7.50 |
2.77 |
3.43 |
7.64 |
| MAY20 |
9.60 |
7.73 |
6.80 |
11.20 |
13.09 |
5.71 |
9.20 |
8.73 |
2.88 |
3.43 |
7.53 |
| MAY27 |
12.00 |
8.53 |
6.58 |
10.40 |
15.27 |
7.20 |
9.10 |
8.73 |
2.88 |
3.43 |
7.94 |
| JUN
3 |
12.00 |
9.00 |
6.00 |
11.14 |
17.45 |
7.80 |
9.20 |
7.64 |
2.31 |
1.71 |
7.92 |
| JUN10 |
14.40 |
8.53 |
6.00 |
11.14 |
15.27 |
8.21 |
8.90 |
6.00 |
1.85 |
0.00 |
7.49 |
| JUN17 |
12.00 |
9.60 |
5.03 |
8.57 |
16.36 |
8.21 |
8.90 |
6.86 |
2.14 |
1.71 |
7.55 |
| JUN24 |
10.29 |
9.82 |
5.25 |
8.80 |
15.27 |
8.84 |
8.80 |
7.43 |
1.29 |
1.71 |
7.51 |
| JUL
1 |
10.29 |
10.64 |
4.73 |
8.57 |
11.14 |
8.40 |
9.52 |
8.00 |
1.38 |
1.50 |
7.56 |
| JUL
8 |
10.29 |
10.36 |
5.81 |
8.31 |
10.40 |
8.40 |
9.20 |
7.20 |
2.31 |
1.50 |
7.63 |
| JUL15 |
10.00 |
11.14 |
5.81 |
7.38 |
12.00 |
10.20 |
9.43 |
7.58 |
2.22 |
3.43 |
8.08 |
| JUL22 |
10.00 |
10.86 |
6.19 |
7.38 |
11.20 |
10.20 |
9.00 |
8.21 |
2.22 |
4.00 |
8.06 |
| SEP
2 |
12.00 |
12.97 |
5.42 |
10.67 |
12.80 |
7.20 |
12.48 |
4.00 |
3.36 |
1.71 |
8.32 |
| SEP
9 |
14.00 |
13.71 |
5.81 |
10.67 |
13.71 |
6.00 |
13.00 |
3.36 |
3.50 |
3.43 |
8.49 |
| SEP16 |
12.00 |
13.37 |
5.79 |
10.67 |
13.71 |
6.00 |
12.00 |
4.00 |
3.00 |
3.43 |
8.37 |
| SEP23 |
12.00 |
14.40 |
6.43 |
12.00 |
12.86 |
6.32 |
12.46 |
4.17 |
3.13 |
4.00 |
8.91 |
| SEP30 |
14.00 |
14.74 |
7.29 |
13.50 |
11.25 |
7.80 |
11.54 |
4.50 |
3.27 |
4.00 |
9.17 |
| OCT
7 |
18.00 |
13.71 |
6.86 |
16.50 |
10.00 |
8.21 |
11.11 |
4.00 |
3.60 |
4.00 |
9.11 |
| OCT14 |
18.00 |
14.12 |
7.29 |
16.50 |
9.33 |
7.80 |
12.44 |
3.69 |
3.60 |
4.00 |
9.20 |
| OCT21 |
16.00 |
13.06 |
7.03 |
16.50 |
8.21 |
6.95 |
13.85 |
3.23 |
4.20 |
2.00 |
8.83 |
| OCT28 |
21.60 |
12.71 |
7.20 |
13.50 |
8.84 |
6.67 |
13.85 |
3.69 |
5.40 |
0.00 |
8.89 |
| NOV
4 |
21.60 |
12.36 |
7.86 |
15.43 |
7.58 |
7.06 |
13.38 |
3.56 |
5.40 |
0.00 |
8.78 |
| NOV11 |
28.00** |
12.36 |
7.86 |
17.14 |
8.21 |
7.06 |
13.85 |
3.11 |
5.40 |
0.00 |
8.56 |
| NOV18 |
33.00** |
11.27 |
7.86 |
18.86 |
8.21 |
9.18 |
11.52 |
2.57 |
6.00 |
0.00 |
8.79 |
| DEC
2 |
39.00** |
10.18 |
7.03 |
18.86 |
7.58 |
6.60 |
10.43 |
3.31 |
6.35 |
0.00 |
8.19 |
| DEC
9 |
42.00** |
10.13 |
6.80 |
24.00 |
7.33 |
5.00 |
8.73 |
3.31 |
4.50 |
0.00 |
7.77 |
| DEC17 |
39.00** |
10.84 |
6.40 |
24.00 |
6.95 |
5.00 |
7.64 |
3.31 |
4.50 |
0.00 |
7.58 |
| DEC23 |
36.00** |
10.84 |
6.40 |
24.00 |
5.40 |
3.84 |
7.64 |
2.80 |
5.25 |
1.50 |
7.21 |
| DEC30 |
36.00** |
10.18 |
6.00 |
25.71 |
5.40 |
3.84 |
7.00 |
2.80 |
5.60 |
1.71 |
7.14 |
| - |
>$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.
** There were fewer than five sales for the past 52 weeks in the $2M+ price
range. The calculation was made anyway since there are numerous properties
available for sale.
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