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The table below shows weekly calculations of market conditions for single-family* dwellings by price range in zip code 77056. 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

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

 

Tanglewood Area (77056) 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 5 22.29 8.53 10.74 9.82 3.33 15.43 4.40 1.85 2.14 - 6.88
JAN12 24.00 8.31 12.00 9.82 3.53 15.43 4.40 1.85 1.71 - 6.95
JAN19 24.00 8.53 12.00 8.73 3.33 17.14 4.00 3.69 1.78 - 7.13
JAN26 24.00 9.16 12.00 7.64 2.67 15.43 4.97 4.00 1.78 - 7.29
FEB 2 28.00 8.84 10.11 6.00 3.53 13.71 6.00 1.09 2.14 - 7.02
FEB 9 25.71 8.84 10.00 4.80 4.94 10.29 6.43 2.40 2.14 - 7.14
FEB16 25.71 8.62 9.33 4.36 5.25 17.14 6.43 6.00 1.24 - 7.35
FEB23 24.00 8.53 10.00 3.20 4.50 13.50 6.86 6.55 1.24 - 7.06
MAR 2 24.00 7.89 10.00 2.57 5.60 15.00 6.40 7.00 1.29 - 7.06
MAR 9 24.00 9.47 9.33 2.57 4.00 15.00 7.45 7.00 2.14 - 7.53
MAR16 22.50 9.54 10.00 2.57 4.29 15.00 7.45 5.54 2.57 - 7.65
MAR23 20.00 9.54 10.67 3.43 5.14 15.00 8.69 3.69 2.14 - 7.81
MAR30 21.33 9.79 9.47 3.20 6.00 20.00 8.28 3.69 2.77 - 8.02
APR 6 27.00 12.00 8.40 3.00 4.80 18.00 8.57 4.62 2.67 - 8.40
APR20 25.33 12.35 8.00 3.75 4.00 18.86 7.45 4.29 2.31 - 8.21
APR27 26.67 11.29 8.00 4.29 3.75 18.86 6.62 6.40 2.31 - 8.14
MAY 4 25.33 10.94 7.09 4.29 4.80 16.50 6.43 6.75 2.88 - 8.07
MAY11 26.67 10.97 7.09 4.62 5.60 14.40 8.14 6.00 3.84 - 8.60
MAY18 27.00 12.00 6.55 5.54 7.20 10.91 7.71 5.65 3.69 - 8.48
MAY25 30.00 11.65 7.64 6.00 7.71 9.82 7.03 5.33 3.84 - 8.60
JUN 1 31.50 11.27 8.18 7.00 6.86 6.46 7.20 4.67 3.84 - 8.37
JUN 8 30.00 10.88 8.57 7.00 6.00 6.00 7.20 6.67 3.36 - 8.28
JUN15 28.00 10.18 8.18 7.00 6.00 6.00 5.81 4.42 1.92 - 7.44
JUN22 25.20 9.45 9.60 8.73 6.00 5.60 5.81 4.42 1.44 - 7.42
JUN29 26.40 8.73 9.14 8.73 3.43 4.50 5.63 5.05 1.50 - 7.07
JUL 6 22.91 6.91 8.73 9.82 4.62 4.00 5.63 4.20 0.00 - 6.43
JUL13 25.09 6.91 9.14 8.73 5.54 5.25 5.63 3.60 0.92 - 6.69
JUL20 23.00 8.36 8.00 7.64 9.00 4.80 4.94 4.00 1.00 - 6.89
JUL27 21.23 8.91 8.57 6.55 7.38 4.24 4.88 3.00 1.04 - 6.67
SEP 7 23.00 8.40 8.64 6.00 6.00 4.00 3.64 1.38 3.79 - 6.35
SEP14 20.00 6.71 10.15 6.00 5.54 8.47 3.64 1.33 3.79 - 6.47
SEP21 22.00 6.35 9.78 7.00 8.00 8.67 4.13 1.24 3.79 - 6.77
SEP28 22.00 7.41 10.22 8.00 7.38 8.67 4.00 1.24 3.16 - 6.94
OCT 5 22.00 7.27 10.22 7.38 9.23 8.00 4.11 1.71 3.16 - 7.03
OCT12 19.71 7.06 9.23 7.38 9.00 8.67 4.00 1.29 2.53 - 6.72
OCT19 18.86 6.86 8.44 7.38 8.40 8.47 3.89 0.86 2.53 - 6.36
OCT26 16.80 4.86 8.00 6.46 7.20 8.47 3.89 0.86 2.82 - 5.79
NOV 2 17.60 5.84 8.00 6.46 6.00 9.33 3.89 0.86 3.00 - 6.09
NOV 9 19.20 5.33 7.86 4.29 4.80 10.67 3.67 0.86 2.25 - 5.94
NOV16 20.57 5.37 8.13 4.29 4.00 11.33 4.11 1.29 2.25 - 6.17
NOV30 20.57 5.05 6.75 3.43 6.00 12.00 3.53 1.38 2,25 - 6.03
DEC 7 21.43 4.80 6.75 3.00 6.55 11.37 3.53 0.46 1.41 - 5.74
DEC14 23.08 4.29 5.82 2.82 6.00 11.37 2.91 0.46 1.50 - 5.40
DEC21 24.00 3.14 5.65 3.53 6.00 11.37 3.27 0.92 1.41 - 5.26
DEC28 25.00 3.30 5.67 4.24 6.00 6.32 3.00 0.92 1.50 - 4.97
- >$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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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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