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The table below shows weekly calculations of market conditions for single-family* dwellings by price range in zip code 77057. 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

 


Briargrove 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 6 - 3.00 - 1.33 6.86 1.92 3.22 3.00 - 3.09
JAN13 - 3.75 - 1.71 6.43 1.92 4.29 3.00 - 3.37
JAN20 - 3.00 - 2.57 6.67 1.92 4.00 3.10 - 3.40
JAN27 - 3.75 - 3.00 7.85 3.40 3.82 3.20 - 3.77
FEB 3 - 3.53 12.00 2.57 8.16 2.25 3.73 3.31 - 3.90
FEB10 - 3.75 16.80 2.22 8.00 3.06 3.27 3.00 - 4.02
FEB17 - 5.25 14.00 1.78 8.50 2.30 3.35 3.11 - 3.98
FEB24 - 5.25 12.00 1.33 8.16 2.61 3.43 2.22 - 3.81
MAR 3 - 4.80 10.29 1.71 8.31 4.09 3.55 2.07 - 4.17
MAR10 - 4.80 8.57 2.22 8.31 3.47 3.73 1.71 - 4.04
MAR17 - 4.80 10.29 2.22 7.11 2.87 4.27 1.78 - 3.96
MAR24 42.00** 5.25 10.29 1.85 7.29 4.80 4.80 1.71 - 5.31
MAR31 42.00** 5.25 12.00 1.78 8.14 4.17 4.80 1.60 - 5.23
APR 7 48.00** 4.50 12.00 2.67 8.31 4.70 4.43 1.71 - 5.24
APR14 48.00** 3.53 8.00 2.77 6.92 4.64 4.36 1.55 - 4.81
APR21 33.00** 3.16 8.00 2.22 8.31 4.53 3.47 1.78 - 4.64
APR28 33.00** 3.16 6.86 1.85 8.77 4.57 3.27 1.33 - 4.55
MAY 5 33.00** 6.00 10.29 2.09 7.85 4.36 3.63 1.29 - 4.91
MAY12 33.00** 5.68 8.57 2.61 7.38 4.74 3.55 0.86 - 4.82
MAY19 26.40 5.05 7.50 2.61 6.92 5.14 3.00 0.86 - 4.62
MAY26 33.00 5.05 12.00 3.13 5.78 4.74 2.87 2.57 - 4.85
JUN 2 44.00 5.05 10.67 2.61 6.67 3.82 2.73 2.57 - 4.69
JUN 9 40.00 6.95 12.00 2.73 7.03 4.64 3.27 2.57 - 5.27
JUN16 40.00 8.21 8.40 2.73 7.03 4.00 2.79 2.57 - 5.01
JUN23 44.00 8.84 7.64 3.60 7.35 4.17 2.79 3.00 - 5.37
JUN30 44.00 8.84 7.64 3.60 7.71 4.00 2.23 3.00 - 5.22
JUL 7 44.00 8.84 9.82 3.60 7.03 3.91 2.09 3.31 - 5.20
JUL14 36.00 9.33 9.82 3.60 7.03 4.36 2.45 3.72 - 5.55
JUL21 28.80 9.33 8.73 4.00 7.29 4.27 2.23 3.72 - 5.46
JUL28 24.00 8.00 8.73 3.60 8.00 4.00 2.73 2.14 - 5.19
AUG 4 18.86 8.47 7.00 5.05 7.03 3.20 3.27 2.22 - 5.04
AUG11 18.86 8.47 6.00 6.00 6.21 3.07 2.73 1.78 - 4.75
AUG18 15.43 8.25 4.00 7.33 5.38 2.73 2.73 2.31 - 4.47
AUG25 13.71 7.50 6.00 7.33 6.00 2.93 2.67 2.50 - 4.63
SEP 1 13.71 8.57 5.14 9.18 5.79 3.27 2.45 4.17 - 5.00
SEP 8 15.43 8.00 5.14 9.00 6.40 4.09 2.40 4.17 - 5.26
SEP15 17.14 7.71 5.14 9.00 7.03 3.47 2.61 4.17 - 5.26
SEP29 15.00 7.20 4.00 9.00 5.63 4.00 1.75 4.36 - 4.85
OCT 6 13.71 6.35 4.29 7.50 5.25 4.20 1.57 4.36 - 4.58
OCT13 13.71 6.35 3.75 4.50 5.09 2.86 1.60 4.91 - 4.06
OCT20 13.50 6.35 2.25 3.33 5.82 3.22 2.00 5.14 - 4.38
OCT27 12.00 6.00 3.00 4.67 6.55 2.79 2.51 5.68 - 4.47
NOV 3 8.00 8.00 3.00 4.94 6.55 3.07 2.45 4.42 - 4.41
NOV10 9.33 7.71 3.75 4.00 6.18 3.35 2.86 4.42 - 4.52
NOV17 10.67 7.20 3.00 4.00 5.63 3.07 2.57 5.05 - 4.33
DEC 1 13.33 8.31 3.75 4.50 6.58 3.43 2.15 5.65 - 4.85
DEC 8 13.33 8.00 2.82 4.24 5.81 4.00 1.85 5.65 - 4.63
DEC15 12.00 9.00 2.82 3.75 5.42 3.80 1.58 6.00 - 4.51
DEC22 10.80 9.00 2.82 3.75 5.63 3.43 1.67 6.00 - 4.44
DEC29 10.80 8.73 2.67 4.00 5.81 3.71 1.67 6.00 - 4.49
- $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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