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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 77007. 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

 


Memorial Park 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 20.00 14.00 - - 6.00 6.00 11.02 5.73 9.20 8.77
JAN11 20.00 14.00 - - 6.00 6.00 11.20 5.55 7.45 8.48
JAN18 26.00 12.00 - - 6.00 7.50 11.19 5.29 7.86 8.61
JAN25 26.00 12.00 - - 6.00 6.00 11.39 5.74 8.00 8.79
FEB 1 26.00 8.00 - - 6.00 7.00 10.60 6.27 6.86 8.52
FEB 8 26.00 8.00 - - 4.50 7.50 10.21 6.00 6.43 8.25
FEB15 28.00 8.00 - - 4.50 7.50 10.73 5.72 6.21 8.36
FEB22 28.00 6.86 - - 4.50 6.86 11.29 5.71 6.21 8.55
MAR 1 26.00 6.86 - - 6.00 6.86 11.47 6.19 6.86 8.90
MAR 8 22.00 6.86 - - 6.00 6.00 11.30 6.38 5.33 8.51
MAR15 20.00 5.14 - - 6.86 4.50 12.00 6.00 5.38 8.44
MAR22 20.00 6.00 - - 7.50 4.50 10.85 6.86 6.62 8.64
MAR29 20.57 9.60 - - 7.50 4.50 11.83 6.86 8.44 9.46
APR 5 20.57 - - - 7.50 4.50 11.03 7.35 10.62 9.66
APR12 22.29 12.00 - - 10.50 4.50 11.21 6.38 11.08 9.71
APR19 18.00 14.40 - - 10.50 6.00 9.85 8.07 11.08 9.80
APR26 18.00 14.40 - - 10.50 6.00 9.47 8.21 11.11 9.71
MAY 3 16.00 - - - 10.50 6.86 9.86 9.05 10.62 9.93
MAY10 16.00 - - - 10.50 6.86 9.30 8.46 9.60 8.35
MAY17 13.33 - - - 9.00 6.86 9.67 8.00 9.60 9.13
MAY24 16.50 - - - 13.71 8.57 8.96 9.05 8.00 9.35
MAY31 16.50 - - - 13.71 10.00 7.58 8.48 8.44 8.70
JUN 7 16.50 - - - 10.29 8.57 7.54 8.63 7.11 8.35
JUN14 18.00 - - - 12.00 13.71 6.62 8.36 7.11 8.20
JUN21 14.40 - - - 13.71 13.71 6.31 8.89 6.00 8.02
JUN28 13.20 - - - 13.71 16.00 6.15 9.26 6.67 8.17
JUL 5 12.00 - - - 12.00 30.00 6.22 8.00 6.46 7.85
JUL12 14.40 12.00 - - 12.00 30.00 6.81 8.54 6.67 8.54
JUL19 15.60 12.00 - - 12.00 30.00 6.60 8.40 6.46 8.46
JUL26 15.60 12.00 - - 12.00 30.00 6.90 8.90 6.00 8.64
AUG 2 15.60 12.00 - - 10.67 20.00 6.86 8.34 7.11 8.48
AUG 9 14.18 10.00 - - 9.33 20.00 7.72 10.17 7.11 9.19
AUG16 14.18 8.00 - - 7.50 26.40 7.45 10.50 7.56 9.18
AUG23 14.18 8.00 - - 9.00 24.00 7.72 10.32 7.85 9.30
AUG30 14.18 12.00 4.00 21.60 12.00 24.00 9.20 10.89 8.44 10.47
SEP 6 14.18 8.57 4.00 21.60 12.00 21.60 9.13 13.15 10.15 11.04
SEP13 15.27 10.29 4.00 19.20 13.50 24.00 8.44 14.67 8.89 11.16
SEP20 15.27 9.00 4.80 16.80 13.33 18.00 8.76 14.26 10.29 11.21
SEP27 15.27 7.50 4.80 19.20 13.33 18.00 8.93 13.78 9.10 11.00
OCT 4 15.27 9.00 4.80 19.20 12.00 18.00 7.87 12.86 8.69 10.30
OCT11 15.27 7.50 4.80 16.80 12.00 18.00 7.48 13.29 8.69 10.11
OCT18 16.36 7.50 4.80 16.80 12.00 18.00 7.25 12.00 7.74 9.60
OCT25 16.36 7.50 - 16.80 10.67 24.00 8.04 11.80 7.74 10.11
NOV 1 15.27 6.67 - 14.40 9.60 24.00 7.13 11.61 6.97 9.29
NOV 8 14.18 6.67 - 14.40 8.73 22.00 7.27 11.20 6.55 9.04
NOV15 13.00 6.67 - 14.40 8.73 22.00 7.38 10.03 6.38 8.75
NOV22 12.00 6.00 - 16.80 7.64 24.00 6.86 10.82 6.55 8.70
NOV29 12.00 6.00 - 14.40 8.73 26.00 6.69 9.87 6.18 8.41
DEC 6 10.15 8.00 - 14.40 8.73 26.00 6.17 8.76 6.00 7.88
DEC13 9.23 8.00 - 14.40 8.40 30.00 6.47 9.33 5.82 8.17
DEC20 9.23 8.00 - 10.00 7.64 28.00 7.44 7.81 4.59 7.83
DEC27 9.23 9.33 - 10.00 6.55 33.60 7.52 7.69 4.00 7.75
- $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
Strictly a Buyer's Agent
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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