The table below shows weekly calculations of market conditions
for single-family* dwellings by price range in 19 zip codes. Months
inventory estimates the number of months it will take to deplete current
active inventory based on the prior twelve months sales activity. Updates:
FRIDAY
Zip Codes:
77005, 77006, 77007, 77008, 77009, 77018, 77019, 77024, 77025, 77027, 77030, 77035, 77056, 77057, 77063,
77079, 77096, 77098, 77401
2006
|
2005 |
2004 |
2003 |
All
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 |
|
|
|
Market
Condition and Current Inventory (in months) for 19 Zip Codes
in price ranges with at least five sales in previous 12 months OR
ten+ currently available properties
|
|
2007 |
>$2M |
$1M-$1.99M |
$800-$999K |
$700-$799K |
$600-$699K |
$500-$599K |
$400-$499K |
$300-$399K |
$200-$299K |
$100-$199K |
|
JAN 5 |
Buyer's
13 |
Normal
9 |
Seller's
6 |
Seller's
5 |
Seller's
5 |
Seller's
5 |
Seller's
7 |
Seller's
5 |
Seller's
3 |
Seller's
5 |
|
JAN12 |
Buyer's
13 |
Normal
9 |
Seller's
6 |
Seller's
5 |
Seller's
5 |
Seller's
5 |
Slightly
Strong
8 |
Seller's
5 |
Seller's
4 |
Seller's
5 |
|
JAN19 |
Buyer's
14 |
Normal
9 |
Seller's
6 |
Seller's
6 |
Seller's
5 |
Seller's
5 |
Slightly
Strong
8 |
Seller's
5 |
Seller's
3 |
Seller's
5 |
|
JAN26 |
Buyer's
14 |
Normal
9 |
Seller's
6 |
Seller's
6 |
Seller's
5 |
Seller's
5 |
Normal
9 |
Seller's
5 |
Seller's
3 |
Seller's
4 |
|
FEB 2 |
Buyer's
14 |
Normal
9 |
Seller's
6 |
Seller's
6 |
Seller's
5 |
Seller's
6 |
Slightly
Strong
8 |
Seller's
5 |
Seller's
3 |
Seller's
4 |
|
FEB 9 |
Buyer's
23 |
Normal
9 |
Seller's
6 |
Seller's
6 |
Seller's
5 |
Seller's
6 |
Slightly
Strong
8 |
Seller's
5 |
Seller's
3 |
Seller's
5 |
|
FEB16 |
Buyer's
22 |
Slightly
Strong
8 |
Seller's
6 |
Seller's
6 |
Seller's
5 |
Seller's
6 |
Seller's
7 |
Seller's
5 |
Seller's
3 |
Seller's
5 |
|
FEB23
See ** |
Slightly Soft
11 |
Normal
9 |
Seller's
6 |
Seller's
5 |
Seller's
4 |
Seller's
5 |
Seller's
7 |
Seller's
5 |
Seller's
3 |
Seller's
5 |
|
MAR 2 |
Buyer's
21 |
Normal
9 |
Seller's
6 |
Seller's
6 |
Seller's
4 |
Seller's
5 |
Seller's
7 |
Seller's
5 |
Seller's
3 |
Seller's
4 |
|
MAR 9 |
Buyer's
22 |
Slightly
Strong
8 |
Seller's
7 |
Seller's
6 |
Seller's
4 |
Seller's
6 |
Seller's
7 |
Seller's
5 |
Seller's
3 |
Seller's
4 |
|
MAR16 |
Buyer's
21 |
Seller's
7 |
Seller's
7 |
Seller's
6 |
Seller's
4 |
Seller's
6 |
Seller's
6 |
Seller's
5 |
Seller's
3 |
Seller's
4 |
|
MAR23
See ** |
Slightly Soft
11 |
Seller's
7 |
Seller's
7 |
Seller's
5 |
Seller's
5 |
Seller's
6 |
Seller's
7 |
Seller's
5 |
Seller's
3 |
Seller's
4 |
|
MAR30 |
Buyer's
23 |
Slightly
Strong
8 |
Seller's
7 |
Seller's
6 |
Seller's
5 |
Seller's
6 |
Seller's
6 |
Seller's
5 |
Seller's
3 |
Seller's
4 |
|
APR 6 |
Buyer's
20 |
Slightly
Strong
8 |
Seller's
7 |
Seller's
6 |
Seller's
5 |
Seller's
6 |
Seller's
7 |
Seller's
5 |
Seller's
3 |
Seller's
4 |
|
APR13 |
Buyer's
21 |
Slightly
Strong
8 |
Seller's
7 |
Seller's
5 |
Seller's
5 |
Seller's
5 |
Seller's
7 |
Seller's
5 |
Seller's
4 |
Seller's
4 |
|
APR20 |
Buyer's
24 |
Seller's
7 |
Seller's
7 |
Seller's
6 |
Seller's
5 |
Seller's
6 |
Seller's
6 |
Seller's
5 |
Seller's
4 |
Seller's
4 |
|
APR27 |
Buyer's
24 |
Seller's
7 |
Seller's
7 |
Seller's
6 |
Seller's
5 |
Seller's
6 |
Seller's
7 |
Seller's
5 |
Seller's
3 |
Seller's
4 |
|
MAY 4 |
Buyer's
25 |
Normal
10 |
Seller's
6 |
Seller's
5 |
Seller's
6 |
Seller's
6 |
Seller's
7 |
Seller's
5 |
Seller's
3 |
Seller's
4 |
|
MAY11 |
Buyer's
21 |
Slightly Soft
11 |
Seller's
7 |
Seller's
5 |
Seller's
5 |
Seller's
6 |
Seller's
7 |
Seller's
5 |
Seller's
4 |
Seller's
4 |
|
MAY18 |
Buyer's
24 |
Buyer's
12 |
Seller's
6 |
Seller's
5 |
Seller's
6 |
Seller's
7 |
Seller's
7 |
Seller's
5 |
Seller's
4 |
Seller's
4 |
|
MAY25 |
Buyer's
24 |
Buyer's
12 |
Seller's
6 |
Seller's
5 |
Seller's
6 |
Seller's
7 |
Seller's
7 |
Seller's
5 |
Seller's
4 |
Seller's
4 |
|
JUN 1 |
Buyer's
17 |
Normal
10 |
Seller's
6 |
Seller's
4 |
Seller's
6 |
Seller's
7 |
Seller's
7 |
Seller's
5 |
Seller's
4 |
Seller's
3 |
|
JUN 8 |
Buyer's
19 |
Normal
10 |
Seller's
7 |
Seller's
4 |
Seller's
5 |
Seller's
7 |
Seller's
6 |
Seller's
5 |
Seller's
4 |
Seller's
4 |
|
JUN15 |
Buyer's
17 |
Normal
10 |
Seller's
7 |
Seller's
4 |
Seller's
5 |
Seller's
7 |
Seller's
7 |
Seller's
5 |
Seller's
4 |
Seller's
4 |
|
JUN22 |
Buyer's
17 |
Normal
10 |
Seller's
7 |
Seller's
4 |
Seller's
5 |
Seller's
7 |
Seller's
7 |
Seller's
5 |
Seller's
4 |
Seller's
4 |
|
JUNE29 |
Buyer's
17 |
Normal
10 |
Seller's
7 |
Seller's
4 |
Seller's
6 |
Seller's
7 |
Seller's
7 |
Seller's
5 |
Seller's
4 |
Seller's
4 |
|
JUL 6 |
Buyer's
18 |
Slightly Soft
11 |
Seller's
6 |
Seller's
4 |
Seller's
6 |
Slightly
Strong
8 |
Seller's
7 |
Seller's
5 |
Seller's
4 |
Seller's
4 |
|
JUL13 |
Buyer's
21 |
Slightly Soft
11 |
Seller's
6 |
Seller's
4 |
Seller's
6 |
Slightly
Strong
8 |
Seller's
7 |
Seller's
5 |
Seller's
4 |
Seller's
4 |
|
JUL20 |
Buyer's
20 |
Slightly Soft
11 |
Seller's
6 |
Seller's
4 |
Seller's
7 |
Slightly
Strong
8 |
Seller's
7 |
Seller's
5 |
Seller's
4 |
Seller's
4 |
|
JUL27 |
Buyer's
18 |
Slightly Soft
11 |
Seller's
7 |
Seller's
4 |
Seller's
7 |
Normal
9 |
Seller's
7 |
Seller's
5 |
Seller's
4 |
Seller's
4 |
|
SEP 7 |
Buyer's
18 |
Slightly Soft
11 |
Seller's
6 |
Seller's
5 |
Seller's
7 |
Normal
9 |
Seller's
6 |
Seller's
5 |
Seller's
3 |
Seller's
4 |
|
SEP14 |
Buyer's
17 |
Normal
10 |
Seller's
7 |
Seller's
4 |
Seller's
7 |
Normal
9 |
Seller's
6 |
Seller's
5 |
Seller's
4 |
Seller's
4 |
|
SEP21 |
Buyer's
16 |
Slightly Soft
11 |
Seller's
7 |
Seller's
5 |
Seller's
6 |
Slightly
Strong
8 |
Seller's
6 |
Seller's
5 |
Seller's
4 |
Seller's
4 |
|
SEP28 |
Buyer's
16 |
Slightly Soft
11 |
Seller's
7 |
Seller's
6 |
Seller's
6 |
Slightly
Strong
8 |
Seller's
7 |
Seller's
5 |
Seller's
5 |
Seller's
4 |
|
OCT 5 |
Buyer's
16 |
Slightly Soft
11 |
Seller's
6 |
Seller's
5 |
Seller's
6 |
Buyer's
13 |
Seller's
6 |
Seller's
5 |
Seller's
5 |
Seller's
4 |
|
OCT12 |
Buyer's
17 |
Buyer's
12 |
Normal
9 |
Seller's
5 |
Seller's
6 |
Buyer's
12 |
Seller's
6 |
Seller's
5 |
Seller's
4 |
Seller's
4 |
|
OCT19 |
Buyer's
18 |
Buyer's
12 |
Seller's
7 |
Seller's
5 |
Seller's
5 |
Buyer's
13 |
Seller's
7 |
Seller's
7 |
Seller's
4 |
Seller's
4 |
|
OCT26 |
Buyer's
17 |
Buyer's
12 |
Slightly Soft
11 |
Seller's
5 |
Seller's
5 |
Slightly Soft
11 |
Seller's
7 |
Seller's
7 |
Seller's
6 |
Seller's
4 |
|
NOV 2 |
Buyer's
15 |
Slightly Soft
11 |
Buyer's
12 |
Seller's
6 |
Seller's
5 |
Normal
10 |
Seller's
7 |
Seller's
7 |
Seller's
6 |
Seller's
4 |
|
NOV 9 |
Buyer's
16 |
Slightly Soft
11 |
Slightly Soft
11 |
Seller's
6 |
Seller's
5 |
Normal
9 |
Seller's
7 |
Seller's
7 |
Seller's
7 |
Seller's
4 |
|
NOV15 |
Buyer's
16 |
Normal
10 |
Normal
9 |
Seller's
6 |
Seller's
6 |
Normal
9 |
Seller's
7 |
Seller's
6 |
Seller's
6 |
Seller's
4 |
|
NOV23 |
Buyer's
16 |
Normal
10 |
Slightly
Strong
8 |
Seller's
7 |
Seller's
6 |
Seller's
7 |
Seller's
6 |
Seller's
6 |
Seller's
7 |
Seller's
4 |
|
NOV30 |
Buyer's
15 |
Normal
10 |
Slightly
Strong
8 |
Seller's
6 |
Seller's
6 |
Seller's
6 |
Seller's
7 |
Seller's
5 |
Seller's
7 |
Seller's
5 |
|
DEC 7 |
Buyer's
15 |
Normal
9 |
Slightly
Strong
8 |
Seller's
6 |
Seller's
5 |
Seller's
6 |
Seller's
7 |
Seller's
7 |
Seller's
6 |
Seller's
5 |
|
DEC14 |
Buyer's
14 |
Normal
10 |
Slightly
Strong
8 |
Seller's
6 |
Seller's
5 |
Seller's
6 |
Seller's
7 |
Seller's
7 |
Seller's
6 |
Seller's
5 |
|
DEC28 |
Buyer's
13 |
Normal
9 |
Slightly
Strong
8 |
Seller's
5 |
Seller's
5 |
Seller's
6 |
Seller's
6 |
Normal
9 |
Seller's
6 |
Seller's
5 |
| - |
>$2M |
$1M-$1.99M |
$800-$999K |
$700-$799K |
$600-$699K |
$500-$599K |
$400-$499K |
$300-$399K |
$200-$299K |
$100-$199K |
* 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.
** Sales in 77027 (Afton Oaks area) of homes priced at $2M+ is an emerging
market and sometimes does not meet the criteria to be calculated. When it is
not calculated, the $2M+ inventory drops dramatically.
Thanks to Ted C. Jones,
Senior Vice President and Chief Economist for Stewart Title Guaranty Co. for
providing the formula to determine market condition.
|