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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 77401. 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

 


Bellaire 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 5 18.00 6.50 7.00 6.35 4.70 1.68 5.49 3.00 0.80 4.93
JAN12 16.24 6.50 7.50 6.35 5.22 1.68 5.82 2.55 0.00 4.87
JAN19 17.65 6.00 8.50 7.15 4.50 1.68 6.00 1.75 0.41 4.97
JAN26 17.65 7.00 8.00 7.47 4.25 1.68 5.82 2.00 0.00 5.01
FEB 2 16.94 6.00 8.64 6.34 4.41 1.96 6.18 1.75 0.00 4.86
FEB 9 16.94 5.54 8.64 6.57 3.75 1.71 6.55 2.50 0.00 4.87
FEB16 18.75 6.92 9.91 6.44 4.34 1.88 6.55 2.50 0.00 5.17
FEB23 18.00 7.38 10.43 6.00 4.36 1.85 5.63 2.75 0.00 5.15
MAR 2 17.33 7.20 9.91 5.89 4.19 2.64 6.38 2.50 0.00 5.21
MAR 9 17.68 8.16 10.43 5.77 3.20 2.20 7.74 2.20 0.00 5.25
MAR16 18.95 7.68 12.00 5.21 2.40 2.81 7.35 2.45 0.00 5.28
MAR23 18.95 8.16 13.14 5.41 2.13 3.06 6.75 2.88 0.44 5.45
MAR30 19.20 9.23 16.20 5.77 2.40 3.00 6.38 3.18 0.46 5.89
APR 6 20.40 9.23 15.43 6.00 2.04 3.25 5.63 3.25 1.00 5.96
APR13 22.20 11.04 16.00 5.52 2.00 3.06 6.18 3.00 0.52 6.13
APR20 21.14 10.50 16.57 6.12 2.50 3.06 5.82 2.25 0.52 6.11
APR27 20.73 10.43 15.43 6.00 2.87 3.00 6.35 2.93 0.52 6.27
MAY 4 19.64 11.43 15.60 6.38 3.20 3.20 5.29 3.07 0.55 6.34
MAY11 20.18 11.45 14.40 6.64 2.35 3.91 6.35 3.00 1.20 6.52
MAY18 19.64 13.09 15.79 6.89 2.35 2.40 7.06 2.51 1.20 6.48
MAY25 17.74 16.00 18.67 8.00 2.13 2.45 7.76 3.07 1.14 7.03
JUN 1 20.00 14.86 17.40 8.08 2.13 3.07 7.54 3.30 1.20 7.22
JUN 8 19.09 13.71 15.43 8.40 2.86 4.29 8.91 2.93 0.60 7.47
JUN15 17.45 14.29 15.60 7.84 3.51 3.35 8.33 3.14 2.29 7.28
JUN22 18.00 13.64 15.60 7.91 3.55 3.90 8.12 3.55 2.18 7.36
JUN29 20.84 13.50 16.67 7.91 3.65 4.74 7.76 3.55 2.86 7.63
JUL 6 20.84 14.00 13.71 7.64 3.20 3.69 6.86 3.32 2.73 7.09
JUL13 20.40 16.00 14.40 8.45 2.87 3.57 7.89 3.91 3.27 7.55
JUL20 18.86 15.65 13.09 6.78 2.61 3.24 7.00 3.00 4.91 6.98
JUL27 20.67 16.17 12.57 6.25 2.61 3.64 5.84 2.81 4.57 6.78
AUG 3 20.67 16.17 10.43 7.32 1.57 2.32 7.20 2.25 3.82 6.52
AUG10 20.84 15.27 9.23 6.60 1.53 2.71 5.37 2.00 4.00 6.08
AUG17 18.29 16.91 8.77 6.90 1.79 2.18 6.33 2.30 4.20 6.29
AUG24 18.86 17.71 9.60 6.86 1.88 2.00 4.54 2.55 3.60 6.08
AUG31 16.17 16.91 9.60 6.15 2.16 2.46 4.62 2.50 3.60 5.90
SEP 7 15.50 16.36 9.60 5.56 2.44 2.53 4.80 2.69 4.00 5.86
SEP14 16.00 16.00 10.08 5.30 2.84 2.53 4.80 2.20 4.00 5.83
SEP21 15.50 16.80 9.12 5.60 3.05 2.46 4.62 1.71 4.24 5.71
SEP28 15.00 16.80 9.50 5.07 3.05 2.21 4.11 1.71 4.24 5.54
OCT 5 15.00 16.80 9.12 6.00 2.89 1.95 3.90 1.88 4.50 5.60
OCT12 14.31 16.00 9.60 6.00 3.40 2.67 3.90 2.40 5.14 5.94
OCT19 13.38 15.13 9.60 6.14 3.76 2.92 3.30 2.82 3.43 5.88
OCT26 10.34 15.36 9.50 6.13 3.69 2.53 3.30 2.54 3.20 5.59
NOV 2 8.40 15.36 9.00 5.86 3.29 2.77 3.38 2.69 2.40 5.33
NOV 9 7.88 16.00 9.12 5.73 4.00 2.84 3.30 2.88 2.40 5.45
NOV16 8.90 13.92 7.38 5.07 4.08 2.84 4.20 2.77 1.50 5.24
NOV23 8.63 15.00 6.72 5.00 3.92 2.53 3.51 3.06 1.50 5.11
NOV30 8.00 15.00 7.20 5.00 3.67 2.27 3.80 3.06 1.50 5.07
DEC 7 8.12 14.40 7.20 4.38 3.46 2.84 3.51 3.06 1.60 4.97
DEC14 8.00 13.92 7.20 4.38 3.23 3.16 3.22 3.12 1.60 4.89
DEC21 7.76 12.96 6.67 4.15 3.29 3.16 2.93 3.76 0.92 4.81
DEC28 8.00 12.96 6.86 3.92 3.23 3.24 3.22 3.00 0.92 4.72
- $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
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E-mail: judythompson@att.net

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

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