The table below shows weekly calculations of market conditions
for single-family* dwellings by price range in zip code 77024. 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:
FRIDAY
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 Area
(77024) 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
6 |
19.20 |
8.84 |
4.90 |
2.40 |
2.63 |
3.48 |
2.25 |
2.25 |
0.44 |
- |
5.19 |
| JAN13 |
18.92 |
8.00 |
4.56 |
3.43 |
2.29 |
3.75 |
2.00 |
2.45 |
0.00 |
- |
4.99 |
| JAN20 |
18.50 |
8.13 |
4.47 |
3.43 |
2.29 |
4.13 |
1.75 |
2.20 |
0.00 |
- |
4.88 |
| JAN27 |
18.50 |
7.78 |
4.24 |
3.43 |
2.00 |
4.50 |
2.25 |
2.40 |
0.00 |
- |
4.86 |
| FEB 3 |
16.00 |
7.87 |
4.75 |
2.74 |
2.51 |
3.75 |
2.45 |
2.44 |
0.00 |
- |
4.79 |
| FEB10 |
15.84 |
7.52 |
5.36 |
2.40 |
1.95 |
3.75 |
2.69 |
2.49 |
0.43 |
- |
4.70 |
| FEB17 |
15.69 |
7.78 |
4.85 |
3.09 |
1.67 |
2.32 |
2.04 |
3.11 |
0.43 |
- |
4.66 |
| FEB24 |
16.00 |
8.13 |
4.85 |
2.74 |
1.95 |
2.40 |
1.83 |
2.94 |
0.89 |
- |
4.79 |
| MAR 3 |
15.56 |
8.04 |
4.80 |
2.55 |
1.09 |
2.55 |
1.28 |
3.40 |
1.33 |
- |
4.65 |
| MAR10 |
16.29 |
8.35 |
5.22 |
2.06 |
1.40 |
1.45 |
1.25 |
3.23 |
0.92 |
- |
4.70 |
| MAR17 |
16.89 |
9.00 |
5.07 |
3.43 |
1.36 |
2.55 |
1.25 |
2.82 |
1.38 |
- |
5.03 |
| MAR24 |
16.29 |
8.84 |
5.30 |
2.82 |
1.67 |
2.55 |
1.28 |
3.17 |
1.38 |
- |
5.07 |
| MAR31 |
18.00 |
8.00 |
6.42 |
2.12 |
2.00 |
2.12 |
1.09 |
2.49 |
1.38 |
- |
4.98 |
| APR 7 |
18.86 |
8.25 |
5.87 |
1.71 |
2.05 |
2.67 |
0.28 |
2.22 |
1.38 |
- |
4.93 |
| APR21 |
21.33 |
8.08 |
6.50 |
3.00 |
2.40 |
2.91 |
0.27 |
2.32 |
0.86 |
- |
5.21 |
| APR28 |
20.57 |
8.46 |
5.87 |
2.00 |
1.85 |
2.47 |
0.77 |
2.20 |
0.92 |
- |
5.04 |
| MAY 5 |
21.69 |
9.29 |
5.48 |
2.12 |
1.54 |
1.37 |
1.57 |
2.10 |
0.92 |
- |
5.12 |
| MAY12 |
20.00 |
9.68 |
5.73 |
1.41 |
2.53 |
1.76 |
1.28 |
1.69 |
0.92 |
- |
5.13 |
| MAY19 |
18.43 |
9.28 |
5.07 |
1.41 |
2.77 |
2.47 |
1.28 |
1.69 |
1.38 |
- |
5.04 |
| MAY26 |
17.79 |
8.72 |
5.86 |
1.06 |
1.76 |
2.55 |
0.52 |
1.90 |
0.48 |
- |
4.75 |
| JUN 2 |
17.79 |
8.94 |
4.96 |
1.41 |
1.89 |
3.00 |
0.80 |
1.50 |
0.48 |
- |
4.82 |
| JUN 9 |
17.79 |
8.45 |
4.38 |
2.40 |
1.54 |
3.18 |
1.09 |
1.13 |
1.00 |
- |
4.70 |
| JUN16 |
17.03 |
8.54 |
4.94 |
2.40 |
1.54 |
3.27 |
1.07 |
1.29 |
1.50 |
- |
4.83 |
| JUN23 |
17.60 |
9.15 |
5.14 |
2.82 |
1.54 |
3.38 |
1.12 |
1.43 |
2.00 |
- |
5.12 |
| JUN30 |
18.00 |
8.36 |
5.00 |
2.47 |
1.89 |
2.63 |
1.12 |
1.27 |
2.50 |
- |
4.99 |
| JUL 7 |
17.45 |
7.92 |
4.41 |
2.91 |
2.00 |
2.55 |
1.17 |
1.31 |
2.61 |
- |
4.92 |
| JUL14 |
17.09 |
8.24 |
3.84 |
3.27 |
1.71 |
2.25 |
0.86 |
1.71 |
3.13 |
- |
4.97 |
| JUL21 |
16.59 |
8.20 |
3.84 |
3.88 |
1.82 |
2.55 |
1.17 |
1.77 |
3.43 |
- |
5.12 |
| JUL28 |
17.29 |
8.44 |
3.85 |
4.88 |
1.45 |
2.63 |
1.12 |
2.20 |
3.43 |
- |
5.34 |
| SEP 1 |
16.94 |
6.94 |
4.60 |
6.00 |
2.32 |
2.67 |
2.15 |
1.47 |
2.67 |
- |
5.30 |
| SEP 8 |
18.55 |
6.92 |
4.60 |
6.00 |
2.63 |
2.22 |
2.15 |
1.26 |
3.16 |
- |
5.38 |
| SEP15 |
18.75 |
6.72 |
3.91 |
7.00 |
2.12 |
2.48 |
1.85 |
1.68 |
2.40 |
- |
5.20 |
| SEP22 |
17.82 |
6.59 |
4.17 |
7.68 |
2.71 |
2.67 |
2.33 |
1.83 |
1.71 |
- |
5.34 |
| SEP29 |
17.65 |
6.45 |
3.25 |
7.56 |
2.32 |
2.22 |
2.00 |
4.00 |
2.18 |
- |
5.47 |
|
OCT 6 |
17.14 |
5.94 |
2.88 |
8.00 |
2.63 |
2.31 |
2.92 |
1.47 |
1.71 |
- |
5.03 |
|
OCT13 |
18.00 |
6.11 |
3.23 |
8.00 |
3.00 |
2.22 |
2.59 |
1.66 |
1.71 |
- |
5.16 |
|
OCT20 |
19.27 |
5.84 |
3.53 |
7.29 |
2.63 |
2.14 |
1.95 |
1.86 |
1.71 |
- |
5.08 |
|
OCT27 |
18.75 |
5.95 |
3.62 |
6.62 |
2.91 |
2.14 |
2.53 |
2.07 |
0.57 |
- |
5.04 |
|
NOV 3 |
18.75 |
5.44 |
3.05 |
5.79 |
2.63 |
1.71 |
2.74 |
2.07 |
0.57 |
- |
4.75 |
|
NOV10 |
18.00 |
5.54 |
3.56 |
4.97 |
2.91 |
2.14 |
3.09 |
2.24 |
0.57 |
- |
4.82 |
|
NOV17 |
17.82 |
5.28 |
3.71 |
4.55 |
3.00 |
1.71 |
3.53 |
2.24 |
0.52 |
- |
4.75 |
|
NOV24 |
17.45 |
5.13 |
3.93 |
4.55 |
3.10 |
1.24 |
2.33 |
2.20 |
0.00 |
- |
4.53 |
|
DEC 1 |
17.09 |
5.28 |
3.43 |
4.55 |
2.90 |
1.24 |
2.06 |
1.80 |
0.52 |
- |
4.42 |
|
DEC 8 |
17.81 |
5.22 |
4.15 |
4.55 |
2.90 |
2.40 |
1.03 |
1.63 |
1.04 |
- |
4.49 |
|
DEC15 |
18.00 |
5.13 |
3.93 |
4.29 |
2.90 |
1.20 |
1.03 |
1.63 |
1.04 |
- |
4.38 |
|
DEC22 |
18.58 |
4.72 |
2.79 |
4.14 |
3.31 |
2.00 |
1.00 |
1.24 |
1.57 |
- |
4.17 |
|
DEC29 |
17.63 |
4.78 |
2.62 |
4.14 |
3.31 |
2.40 |
1.00 |
1.42 |
1.57 |
- |
4.17 |
|
- |
>$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.
|
Equal Housing
Opportunity