The table below shows weekly
calculations of market conditions for single-family dwellings* by price
range in zip codes 77006 & 77098, south of 59. Months inventory
estimates the number of months it will take to deplete current active
inventory based on the prior twelve months sales activity. Updates: WEDNESDAY
2006 |
2005 |
2004 |
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 |
|
|
|
Museum District/Rice Area
(77006, 77098) Market Conditions and Current Inventory (in months)
for
price ranges with at least three sales in previous 12 months
OR six+ currently available properties
(Since this is a
small area, the criteria is reduced)
|
|
2007 |
>$2M |
$1M-$1.99M |
$800-$999K |
$700-$799K |
$600-$699K |
$500-$599K |
$400-$499K |
$300-$399K |
$200-$299K |
$100-$199K |
Weighted
AVG |
|
JAN 3 |
- |
20.00 |
0.00 |
- |
4.00 |
2.40 |
4.80 |
4.62 |
0.00 |
- |
5.36 |
|
JAN10 |
- |
22.00 |
0.00 |
- |
4.00 |
2.40 |
4.80 |
4.62 |
0.00 |
- |
5.87 |
|
JAN17 |
- |
15.00 |
0.00 |
- |
4.00 |
2.00 |
4.36 |
4.00 |
0.00 |
- |
5.04 |
|
JAN24 |
- |
15.00 |
0.00 |
- |
0.00 |
2.00 |
4.00 |
3.75 |
0.00 |
- |
4.53 |
|
JAN31 |
- |
15.00 |
0.00 |
- |
0.00 |
1.71 |
4.00 |
3.75 |
0.00 |
- |
4.44 |
|
FEB 7 |
- |
18.86 |
0.00 |
- |
0.00 |
0.00 |
4.00 |
2.40 |
0.00 |
- |
4.32 |
|
FEB14 |
- |
12.00 |
0.00 |
- |
4.00 |
0.00 |
4.00 |
2.40 |
0.00 |
- |
3.36 |
|
FEB21 |
- |
17.14 |
0.00 |
- |
8.00 |
0.00 |
4.00 |
3.20 |
0.00 |
- |
4.80 |
|
FEB28 |
- |
17.14 |
6.00 |
- |
8.00 |
2.40 |
4.00 |
2.57 |
0.00 |
- |
5.50 |
|
MAR 7 |
- |
13.50 |
12.00 |
- |
8.00 |
2.40 |
2.77 |
2.77 |
0.00 |
- |
5.25 |
|
MAR14 |
- |
13.50 |
- |
- |
8.00 |
2.40 |
2.57 |
3.00 |
0.00 |
- |
4.80 |
|
MAR21 |
- |
13.50 |
- |
- |
8.00 |
4.80 |
3.43 |
3.00 |
0.00 |
- |
5.33 |
|
MAR28 |
- |
15.00 |
12.00 |
- |
4.00 |
4.80 |
3.43 |
2.77 |
0.00 |
- |
5.63 |
|
APR 4 |
- |
13.40 |
- |
- |
3.00 |
6.00 |
3.43 |
4.36 |
0.00 |
- |
5.45 |
|
APR11 |
- |
15.00 |
- |
- |
6.00 |
6.00 |
4.00 |
2.40 |
0.00 |
- |
5.85 |
|
APR18 |
- |
17.33 |
- |
- |
9.00 |
6.00 |
1.00 |
3.60 |
0.00 |
- |
6.29 |
|
APR25 |
- |
16.00 |
- |
4.00 |
12.00 |
6.00 |
1.00 |
3.60 |
0.00 |
- |
6.13 |
|
MAY 2 |
- |
16.50 |
- |
3.00 |
12.00 |
6.00 |
0.00 |
2.18 |
0.00 |
- |
5.33 |
|
MAY 9 |
- |
16.50 |
- |
3.00 |
9.00 |
6.00 |
0.00 |
3.27 |
0.00 |
- |
5.33 |
|
MAY16 |
- |
19.50 |
- |
2.40 |
9.00 |
6.00 |
0.00 |
1.09 |
0.00 |
- |
5.22 |
|
MAY23 |
- |
19.50 |
8.00 |
2.40 |
3.00 |
9.00 |
2.40 |
0.00 |
0.00 |
- |
5.74 |
|
MAY30 |
- |
19.50 |
8.00 |
2.40 |
6.00 |
6.00 |
2.67 |
0.00 |
0.00 |
- |
6.00 |
|
JUN 6 |
- |
19.50 |
12.00 |
2.40 |
3.00 |
6.00 |
2.67 |
0.00 |
0.00 |
- |
5.87 |
|
JUN13 |
- |
19.50 |
18.00 |
2.49 |
3.00 |
3.00 |
4.00 |
0.00 |
0.00 |
- |
6.00 |
|
JUN20 |
- |
19.50 |
18.00 |
3.00 |
0.00 |
3.00 |
4.00 |
0.00 |
0.00 |
- |
5.48 |
|
JUN27 |
- |
19.50 |
18.00 |
0.00 |
0.00 |
6.00 |
2.40 |
0.00 |
0.00 |
- |
5.22 |
|
JUL 4 |
- |
17.33 |
- |
0.00 |
0.00 |
6.00 |
2.40 |
0.00 |
0.00 |
- |
5.18 |
|
JUL11 |
- |
17.33 |
- |
3.00 |
0.00 |
6.00 |
2.40 |
0.00 |
0.00 |
- |
5.14 |
|
JUL18 |
- |
15.60 |
- |
3.00 |
0.00 |
4.80 |
1.20 |
0.00 |
0.00 |
- |
4.64 |
|
JUL25 |
- |
14.40 |
8.00 |
3.00 |
0.00 |
4.80 |
1.20 |
0.00 |
0.00 |
- |
4.70 |
| SEP
5 |
- |
12.00 |
3.00 |
3.00 |
2.00 |
18.00 |
3.27 |
0.00 |
0.00 |
- |
5.62 |
| SEP12 |
- |
14.40 |
3.00 |
3.00 |
4.00 |
18.00 |
3.27 |
0.00 |
0.00 |
- |
6.38 |
| SEP19 |
- |
15.60 |
3.00 |
3.00 |
1.71 |
18.00 |
4.36 |
0.00 |
0.00 |
- |
6.50 |
| SEP26 |
- |
14.40 |
3.00 |
3.00 |
2.00 |
24.00 |
3.27 |
0.00 |
0.00 |
- |
6.26 |
|
OCT 3 |
- |
13.20 |
3.00 |
3.00 |
4.00 |
24.00 |
3.27 |
0.00 |
- |
- |
6.40 |
|
OCT10 |
- |
13.20 |
3.00 |
3.00 |
4.00 |
24.00 |
2.18 |
0.00 |
- |
- |
6.13 |
|
OCT17 |
- |
13.33 |
6.00 |
3.00 |
2.00 |
28.00 |
1.09 |
0.00 |
- |
- |
6.00 |
|
OCT24 |
- |
13.33 |
3.00 |
3.00 |
1.50 |
24.00 |
2.18 |
0.00 |
- |
- |
5.48 |
|
OCT31 |
- |
14.67 |
3.00 |
3.00 |
1.50 |
20.00 |
4.36 |
0.00 |
- |
- |
6.00 |
|
NOV 7 |
- |
13.20 |
3.00 |
8.00 |
1.50 |
12.00 |
4.00 |
0.00 |
- |
- |
5.75 |
|
NOV14 |
- |
13.20 |
3.00 |
8.00 |
1.50 |
15.00 |
4.36 |
0.00 |
- |
- |
6.13 |
|
NOV21 |
- |
14.40 |
3.00 |
12.00 |
1.50 |
15.00 |
4.00 |
0.00 |
- |
- |
6.50 |
|
NOV28 |
- |
14.40 |
3.00 |
8.00 |
3.00 |
12.00 |
3.00 |
0.00 |
- |
- |
6.00 |
|
DEC 5 |
- |
13.20 |
4.00 |
4.00 |
1.50 |
12.00 |
2.00 |
0.00 |
- |
- |
5.11 |
|
DEC12 |
- |
13.09 |
4.00 |
4.00 |
3.00 |
12.00 |
2.00 |
0.00 |
- |
- |
5.63 |
|
DEC19 |
- |
12.00 |
4.00 |
4.00 |
2.67 |
12.00 |
2.18 |
0.00 |
- |
- |
5.39 |
|
DEC26 |
- |
9.82 |
4.00 |
3.00 |
2.67 |
9.60 |
2.18 |
0.00 |
- |
- |
4.56 |
|
- |
>$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