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The table below shows weekly calculations of market conditions for single-family* dwellings by price range in zip code 77005. 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

 


West U Area (77005) Market Conditions and Current Inventory (in months)
for 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 Weighted
AVG
JAN 3 7.50 8.00 2.86 3.67 1.41 1.85 1.20 0.69 0.00 - 3.13
JAN10 7.50 8.16 3.00 3.36 1.41 1.88 0.62 0.34 0.00 - 3.08
JAN17 9.00 7.42 2.86 3.92 1.41 2.03 0.65 1.37 0.00 - 3.15
JAN24 9.00 8.46 2.97 3.84 1.41 1.48 0.65 0.67 0.00 - 3.22
JAN31 9.00 7.79 3.27 3.36 1.39 1.50 0.67 0.67 0.00 - 3.11
FEB 7 9.00 8.20 3.41 3.25 1.94 1.29 0.65 1.06 0.00 - 3.32
FEB14 9.00 7.61 3.37 3.67 1.74 1.13 0.97 0.71 0.00 - 3.22
FEB21 7.50 8.34 2.93 3.25 1.97 1.27 0.62 1.13 0.00 - 3.25
FEB28 9.00 8.49 3.25 3.75 1.57 1.59 1.23 1.55 0.00 - 3.48
MAR 7 10.50 8.30 3.43 3.32 1.61 0.91 1.89 1.55 0.00 - 3.44
MAR14 10.67 8.20 3.29 3.39 1.79 0.90 1.89 1.94 0.00 - 3.44
MAR21 9.33 8.10 3.21 3.36 1.57 0.71 0.95 1.55 0.00 - 3.20
MAR28 9.33 8.46 3.66 3.00 1.71 0.87 0.63 1.60 1.09 - 3.33
APR 4 8.00 9.45 3.60 2.54 1.33 1.33 0.97 1.20 1.33 - 3.46
APR11 9.33 9.66 3.45 1.53 1.18 1.17 0.90 1.20 1.33 - 3.32
APR18 10.67 8.93 4.11 1.96 1.39 1.15 2.34 1.24 1.33 - 3.55
APR25 9.60 8.14 3.80 1.75 0.70 1.57 2.05 1.33 1.33 - 3.30
MAY 2 10.80 9.37 4.00 2.57 0.85 1.43 1.80 0.86 1.33 - 3.62
MAY 9 10.80 9.48 4.16 3.10 1.01 1.04 1.80 0.89 1.50 - 3.69
MAY16 10.80 9.04 4.22 3.16 1.01 1.07 1.80 0.92 1.50 - 3.70
MAY23 10.80 8.51 4.00 2.90 0.81 1.82 1.80 1.38 1.50 - 3.63
MAY30 12.00 9.14 4.38 2.69 0.66 1.66 1.54 1.64 1.50 - 3.77
JUN 6 14.40 8.40 4.16 3.00 1.06 1.27 2.15 1.20 0.00 - 3.81
JUN13 14.40 7.96 4.05 3.56 1.06 1.45 3.06 1.26 0.00 - 3.94
JUN20 14.40 8.08 4.31 3.37 1.45 1.27 3.57 1.89 0.00 - 4.13
JUN27 16.80 7.70 4.77 3.64 1.64 1.11 2.91 3.00 0.00 - 4.29
JUL 4 14.18 7.36 6.69 3.27 2.52 1.11 3.00 3.60 0.00 - 4.57
JUL11 16.80 7.89 4.86 3.11 2.52 1.29 2.63 3.16 0.00 - 4.48
JUL18 15.60 7.63 4.80 3.62 2.48 1.43 2.18 3.60 0.00 - 4.41
JUL25 15.60 7.58 5.01 4.21 2.48 1.48 2.91 2.86 1.50 - 4.56
SEP 5 21.00 6.89 4.65 3.21 3.21 0.58 3.50 1.80 2.40 - 4.33
SEP12 19.50 7.18 4.80 2.57 3.79 0.58 3.36 1.80 2.40 - 4.37
SEP19 19.50 7.89 4.86 2.57 3.52 0.60 3.00 1.80 2.40 - 4.51
SEP26 17.33 7.58 4.80 3.27 3.79 0.60 2.88 1.80 4.80 - 4.58
OCT 3 18.67 7.44 4.15 2.95 3.93 0.80 2.31 1.80 4.80 - 4.42
OCT10 20.00 7.27 4.50 3.52 3.78 0.81 2.77 1.71 - - 4.56
OCT17 20.00 7.29 4.62 3.93 3.62 0.83 2.77 1.89 - - 4.65
OCT24 20.00 6.95 3.90 3.72 3.17 0.83 4.15 2.53 - - 4.45
OCT31 20.00 7.25 3.90 3.66 3.62 0.86 4.15 1.89 - - 4.56
NOV 7 24.00 6.92 3.74 3.46 3.21 0.87 4.15 2.00 - - 4.45
NOV14 25.50 6.48 3.38 3.66 2.62 0.87 4.15 1.33 - - 4.22
NOV21 21.33 6.21 3.68 3.46 2.69 1.41 3.36 1.33 - - 4.20
NOV28 22.67 6.32 3.68 3.46 2.69 1.18 3.36 2.00 - - 4.25
DEC 5 22.67 6.26 3.27 3.20 3.00 1.50 3.23 2.25 - - 4.25
DEC12 22.50 6.26 3.23 3.40 2.95 1.33 2.77 2.25 - - 4.18
DEC19 24.00 6.63 3.16 2.56 2.74 1.07 2.22 2.25 - - 4.07
DEC26 22.29 6.41 2.96 2.36 2.74 0.80 2.40 2.25 - - 3.87
- >$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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This web site created and maintained by:

Judy Thompson
Strictly a Buyer's Agent
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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