Market Watch-Zip 77007

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

2005 | 2004 | '04-'06 Combined

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 (77007) Market Conditions and Current Inventory (in months) for price ranges with at least five sales in previous 12 months OR ten+ currently available properties
2006	$1M-$1.99M	$800-$999K	$700-$799K	$600-$699K	$500-$599K	$400-$499K	$300-$399K	$200-$299K	$100-$199K	Weighted AVG
JAN 3	8.31	6.67	-	10.00	5.45	24.00	7.47	7.20	4.46	7.36
JAN10	8.31	9.33	-	10.00	5.45	28.00	8.40	7.57	4.46	8.03
JAN17	7.38	8.00	-	8.00	6.55	24.00	8.12	7.13	4.11	7.56
JAN24	7.38	8.00	-	14.00	6.55	26.00	8.59	8.95	3.53	8.36
JAN31	7.38	6.67	-	16.00	6.55	28.00	8.44	8.57	3.88	8.30
FEB 7	7.71	8.00	-	16.00	6.55	17.14	8.75	8.95	4.00	8.38
FEB14	9.23	8.00	-	14.00	6.55	17.14	9.53	10.65	4.00	9.18
FEB21	10.15	10.50	-	14.40	6.55	18.86	10.11	10.23	4.59	9.54
FEB28	10.15	12.00	-	14.40	7.20	18.86	10.21	10.06	4.73	9.66
MAR 7	9.23	7.50	-	9.60	8.40	26.00	10.32	9.64	5.09	9.54
MAR14	11.00	7.50	-	9.60	9.60	19.50	11.12	9.31	4.73	9.78
MAR21	13.09	9.00	-	12.00	8.00	18.67	10.38	9.85	4.36	9.73
MAR28	13.09	8.00	-	9.60	8.00	21.33	10.75	10.14	4.24	9.93
APR 4	14.18	6.00	-	8.00	8.00	22.67	10.11	10.46	4.54	9.72
APR11	15.60	8.00	-	8.00	6.67	28.00	10.19	9.53	4.86	9.80
APR18	14.40	9.33	-	10.00	6.67	26.67	10.71	9.50	4.74	9.95
APR25	14.40	9.33	-	8.57	6.67	26.40	10.58	8.84	6.00	9.90
MAY 2	16.00	9.33	-	6.86	6.67	26.40	11.36	9.44	7.38	10.57
MAY 9	21.33	7.20	7.20	6.86	2.67	24.00	10.04	9.43	6.90	9.81
MAY16	16.80	4.80	6.00	5.14	4.00	25.20	9.58	8.11	6.90	9.06
MAY23	18.67	6.00	10.00	5.14	4.00	22.80	9.50	8.38	7.02	9.20
MAY30	20.00	6.00	10.00	4.50	6.67	19.20	9.53	8.40	7.20	9.19
JUN 6	20.00	6.00	10.00	4.00	6.67	25.20	9.25	7.80	5.27	8.80
JUN13	25.50	7.20	10.00	4.00	4.80	26.40	8.94	6.92	5.43	8.55
JUN20	29.14	7.20	10.00	4.00	6.00	24.00	9.03	6.84	5.85	8.66
JUN27	24.00	7.20	12.00	4.00	4.80	25.09	8.91	6.27	6.15	8.41
JUL 4	24.00	6.00	12.00	7.50	4.80	30.00	9.81	6.00	6.15	8.84
JUL11	22.50	6.00	12.00	7.50	3.60	30.00	9.79	6.00	5.85	8.70
JUL18	18.67	6.00	12.00	6.00	4.00	28.80	10.83	6.25	6.00	8.99
JUL25	18.67	7.50	12.00	8.57	4.80	22.80	9.60	6.19	6.32	8.52
SEP 5	14.18	7.50	-	14.00	1.33	29.00	12.25	4.73	7.14	9.02
SEP12	14.18	7.50	-	12.99	1.33	29.00	11.63	4.71	7.14	8.96
SEP19	14.18	8.57	-	10.29	1.50	30.55	22.29	4.54	7.00	8.80
SEP26	15.27	6.86	-	12.00	1.20	28.62	11.55	4.62	6.17	8.89
OCT 3	15.27	6.86	-	9.00	2.40	24.92	13.03	4.71	8.33	8.53
OCT10	15.60	6.86	-	9.00	3.60	31.38	13.08	4.59	8.47	9.80
OCT17	18.00	6.86	-	10.50	3.60	29.54	10.68	5.04	8.73	9.22
OCT24	16.80	8.57	-	8.57	4.80	33.23	14.02	6.12	9.00	10.99
OCT31	18.00	8.00	-	10.29	5.33	32.57	14.17	5.64	9.29	11.03
NOV 7	16.36	10.00	-	10.29	8.57	30.86	13.14	5.70	9.75	10.77
NOV14	18.00	8.57	-	10.29	8.57	31.71	13.75	5.70	9.45	11.00
NOV21	20.00	8.00	-	10.29	8.57	28.80	14.10	5.51	7.50	10.85
NOV28	18.67	8.00	-	10.29	6.86	28.00	13.84	5.16	6.91	10.39
DEC 5	21.33	8.00	-	8.57	10.29	31.20	13.33	4.87	7.50	10.48
DEC12	18.67	8.00	-	10.29	12.00	30.00	11.64	4.89	7.50	9.86
DEC19	20.00	6.86	-	12.00	14.00	34.50	10.62	4.31	8.63	9.75
DEC26	20.00	6.86	-	10.00	10.29	25.33	10.71	4.38	9.00	9.31
-	$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.