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Market Watch


The table below shows weekly calculations of market conditions for single-family* dwellings by price range in zip code 77027. 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: TUESDAY


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

 


Afton Oaks Area Market Condition and Current Inventory (in months)
in price ranges with at least five sales in previous 12 months OR ten+ currently available properties

2005 $1M-$1.99M $800-$999K $700-$799K $600-$699K $500-$599K $400-$499K $300-$399K $200-$299K $100-$199K Weighted
AVG
JAN 4 8.00 4.50 18.00 10.50 6.00 3.86 3.56 2.57 - 5.60
JAN11 10.40 5.14 16.00 12.00 6.86 3.43 2.57 3.43 - 5.80
JAN18 10.29 5.14 16.00 12.00 6.00 3.11 3.00 4.00 - 5.75
JAN25 9.60 10.29 16.00 14.67 6.86 3.56 3.00 4.00 - 6.45
FEB 1 7.50 9.60 13.71 13.20 4.00 4.71 3.43 3.75 - 5.95
FEB 8 9.75 9.60 18.00 13.20 4.62 6.46 3.86 4.00 - 7.06
FEB15 9.88 9.60 21.60 12.00 4.62 6.00 3.00 3.20 - 6.66
FEB22 10.50 10.00 26.40 12.00 7.00 6.00 3.00 3.20 - 7.22
MAR 1 9.18 10.00 24.00 14.67 7.00 4.89 3.00 2.40 - 6.76
MAR 8 9.88 10.00 24.00 16.00 7.00 5.33 3.00 2.12 - 6.94
MAR15 9.18 14.00 24.00 16.50 7.00 5.78 3.00 2.25 - 7.16
MAR22 9.18 14.00 24.00 14.67 9.00 5.33 2.57 1.50 - 7.00
MAR29 10.50 14.00 24.00 13.20 9.00 5.33 2.67 2.40 - 7.32
APR 5 12.75 16.00 24.00 12.00 13.33 5.08 2.88 2.40 - 8.07
APR12 12.00 20.00 20.00 12.00 12.00 4.80 3.36 2.40 - 8.15
APR19 10.67 26.40 15.43 8.73 10.67 5.08 3.50 3.43 - 7.79
APR26 9.47 21.60 13.71 9.82 6.67 3.23 3.50 2.57 - 6.57
MAY 3 10.11 18.00 12.00 8.31 6.00 3.00 3.36 2.57 - 6.24
MAY10 11.29 21.60 13.71 9.23 6.00 3.11 4.00 1.85 - 6.72
MAY17 12.00 18.00 13.71 10.00 5.00 2.67 4.00 1.85 - 6.56
MAY24 12.75 18.00 14.00 10.00 3.69 2.57 4.32 1.85 - 6.45
MAY31 12.00 20.00 18.00 10.00 2.57 3.00 3.56 1.85 - 6.39
JUN 7 12.00 18.00 18.00 9.23 2.40 2.90 3.56 3.69 - 6.34
JUN14 12.00 18.00 18.00 9.23 2.57 2.40 3.69 3.69 - 6.34
JUN21 12.00 18.00 16.00 12.00 2.57 2.14 3.69 3.69 - 6.49
JUN28 14.25 20.00 10.00 13.00 2.57 1.78 4.15 2.77 - 6.60
JUL 5 14.40 20.00 12.00 12.00 2.77 1.92 4.62 2.77 - 6.83
JUL12 14.25 18.00 12.00 11.08 2.57 1.85 5.08 3.43 - 6.70
JUL19 14.25 16.00 9.60 11.08 4.62 1.85 4.89 3.00 - 6.71
JUL26 12.71 16.00 9.60 11.08 3.69 1.38 2.67 4.36 - 6.00
AUG 2 12.00 14.00 8.00 12.00 4.00 1.38 2.88 4.36 - 6.05
AUG 9 11.29 12.00 8.00 10.15 2.00 1.85 3.00 3.27 - 5.48
AUG16 11.29 12.00 8.00 11.00 1.00 1.92 3.00 3.60 - 5.52
AUG23 11.29 10.50 8.00 11.00 1.00 2.00 3.13 3.60 - 5.57
AUG30 9.88 8.57 8.00 10.91 3.00 1.50 2.73 3.00 - 5.08
SEP 6 10.11 8.57 8.00 9.00 1.85 2.18 2.61 3.00 - 5.05
SEP13 10.11 8.57 8.00 10.00 1.71 2.73 2.40 4.00 - 5.23
SEP20 9.47 8.57 4.50 10.00 2.40 4.80 2.73 4.00 - 5.46
SEP27 9.60 8.57 2.40 10.00 3.20 5.40 2.61 4.00 - 5.68
OCT 4 8.84 6.86 7.20 9.23 2.40 5.68 4.00 1.00 - 5.51
OCT11 10.00 6.00 7.20 8.31 3.20 3.79 2.86 1.00 - 5.08
OCT18 10.67 6.00 7.20 7.38 2.40 4.00 4.00 1.00 - 5.24
OCT25 11.33 4.50 6.00 5.54 3.20 4.00 3.13 1.09 - 4.93
NOV 1 10.67 6.00 4.00 6.00 2.12 5.05 4.36 1.00 - 5.05
NOV 8 10.80 5.33 2.00 6.00 2.00 5.05 4.36 2.00 - 5.10
NOV15 10.20 6.67 2.00 6.00 1.89 5.68 3.27 2.00 - 4.96
NOV22 9.60 6.00 3.43 5.60 0.63 5.05 4.36 3.27 - 4.88
NOV29 9.14 6.00 3.43 5.25 1.33 5.05 4.57 3.27 - 4.98
DEC 6 9.14 6.00 3.43 6.35 0.67 6.35 4.00 4.36 - 5.21
DEC13 9.14 4.80 3.43 4.94 0.67 8.47 3.27 4.80 - 5.11
DEC20 8.18 3.60 4.50 3.53 0.67 9.00 4.36 4.80 - 4.98
DEC27 6.78 3.60 4.50 3.53 0.67 9.00 4.91 4.80 - 4.84
- $1M-$1.99M $800-$999K $700-$799K $600-$699K $500-$599K $400-$499K $300-$399K $200-$299K $100-$199K Weighted
AVG


* 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.


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Judy Thompson
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West U Real Estate LLC
1919A Harold St.
Houston, TX  77098
Telephone: (713) 522-4953
E-mail: judythompson@att.net

All information is deemed reliable but not guaranteed and should be independently verified.

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