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The table below shows weekly calculations of market conditions for single-family* dwellings by price range in zip code 77019. 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

 


River Oaks Area (77019) 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 >$2M $1M-$1.99M $800-$999K $700-$799K $600-$699K $500-$599K $400-$499K $300-$399K $200-$299K $100-$199K Weighted
AVG
JAN 3 16.57 8.36 6.29 6.00 4.36 - 6.86 9.47 6.40 2.00 8.39
JAN10 18.29 8.36 6.55 6.00 4.36 - 10.29 10.67 4.80 2.00 8.81
JAN17 17.71 7.64 6.55 4.80 4.36 - 10.29 11.33 4.80 2.00 8.56
JAN24 16.57 7.50 6.00 4.80 4.36 - 9.00 10.67 5.60 2.00 8.22
JAN31 16.57 7.50 6.55 4.80 4.36 - 9.00 11.29 5.25 2.00 8.31
FEB 7 17.40 7.74 6.00 4.80 4.36 - 6.67 10.59 5.60 2.40 8.23
FEB14 15.43 7.74 6.55 3.60 4.36 - 7.20 10.67 5.60 2.40 8.06
FEB21 15.43 7.50 5.45 4.00 5.45 - 7.20 11.33 6.00 2.40 8.08
FEB28 14.73 7.50 5.71 4.00 5.45 - 6.55 11.33 6.00 2.00 7.97
MAR 7 14.18 6.51 4.70 5.33 6.55 - 5.45 9.33 7.20 2.00 7.44
MAR14 14.73 6.51 5.22 6.00 6.55 - 5.45 10.67 8.00 2.00 7.89
MAR21 13.09 6.51 4.17 8.57 6.55 - 5.45 12.00 7.20 2.00 7.64
MAR28 11.48 5.83 4.17 8.57 7.64 - 5.45 12.00 7.20 4.00 7.46
APR 4 10.50 5.67 3.36 8.57 8.40 - 6.55 12.00 6.40 4.00 7.09
APR11 10.08 5.00 3.69 10.00 8.73 - 7.64 10.59 4.80 0.00 6.67
APR18 10.50 4.46 3.11 10.00 7.64 - 7.64 9.88 5.60 0.00 6.39
APR25 10.00 4.59 3.36 12.00 7.20 - 7.64 10.50 6.00 0.00 6.57
MAY 2 10.00 5.33 3.36 12.00 9.33 - 6.55 9.75 4.00 0.00 6.49
MAY 9 9.33 5.33 2.88 4.00 8.00 - 6.00 5.60 4.80 0.00 5.56
MAY16 9.33 6.00 3.36 14.40 6.67 - 4.80 7.20 4.80 0.00 6.16
MAY23 9.33 5.19 2.88 16.80 6.00 - 6.00 10.15 4.00 0.00 6.26
MAY30 9.00 4.86 3.00 - 6.00 - 9.60 9.23 4.00 0.00 6.29
JUN 6 8.57 6.17 2.00 - 4.00 - 8.73 9.23 5.25 0.00 5.96
JUN13 8.28 6.51 3.00 - 4.00 - 9.82 9.23 4.80 0.00 6.17
JUN20 7.86 5.51 2.88 - 4.50 - 8.73 9.43 5.60 0.00 5.92
JUN27 8.14 5.19 3.50 - 4.50 - 8.73 7.71 5.54 2.40 5.87
JUL 4 8.00 4.74 4.50 - 5.14 - 8.00 8.57 5.14 2.40 6.00
JUL11 8.00 4.22 3.84 - 6.86 - 9.00 10.15 4.29 2.40 5.96
JUL18 8.69 4.22 3.69 - 6.86 - 7.38 9.43 6.00 2.40 6.04
JUL25 8.69 4.22 4.17 - 8.00 - 7.38 9.60 5.14 2.40 6.17
SEP 5 8.44 3.69 3.65 - 9.60 - 2.00 9.43 8.00 0.00 5.44
SEP12 8.44 4.00 3.65 - 7.20 - 2.00 9.00 8.00 0.00 5.45
SEP19 7.56 4.31 3.65 - 9.60 - 1.85 9.60 5.54 1.71 5.32
SEP26 7.56 5.54 2.61 - 9.60 - 2.77 10.40 4.62 1.71 5.58
OCT 3 9.00 4.62 3.00 - 12.00 - 4.00 10.40 5.54 1.71 5.96
OCT10 9.10 4.42 3.50 14.00 12.00 - 5.00 9.00 3.69 2.00 6.20
OCT17 9.78 3.79 4.50 14.00 12.00 - 6.55 9.00 5.54 2.00 6.58
OCT24 9.78 3.79 4.32 16.00 12.00 - 6.55 7.50 3.69 0.00 6.20
OCT31 9.69 3.79 4.32 14.00 12.00 - 6.55 6.75 3.69 0.00 6.04
NOV 7 8.44 3.24 5.22 10.00 12.00 - 6.00 6.75 2.57 0.00 5.54
NOV14 9.23 3.89 5.22 12.00 12.00 - 5.54 7.20 4.29 2.40 6.17
NOV21 10.56 4.33 4.70 10.00 14.40 - 5.14 7.50 3.00 2.40 6.25
NOV28 12.00 4.00 4.70 10.00 9.60 - 5.14 6.75 3.00 2.40 6.08
DEC 5 11.04 3.67 4.91 7.50 12.00 - 5.54 7.50 3.75 2.00 6.08
DEC12 11.04 4.00 4.91 7.50 6.00 - 5.54 7.50 5.25 0.00 6.08
DEC19 10.62 3.57 4.91 7.50 9.00 - 9.23 7.06 4.00 0.00 6.16
DEC26 10.15 3.24 6.00 7.50 9.60 - 7.38 7.06 4.00 0.00 6.00
- >$2M $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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