Market Watch-Zip 77056

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 twelve months sales activity. Updates: THURSDAY

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

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
2007	>$2M	$1M-$1.99M	$800-$999K	$700-$799K	$600-$699K	$500-$599K	$400-$499K	$300-$399K	$200-$299K	$100-$199K	Weighted AVG
JAN 4	19.71	3.08	4.67	4.24	6.00	5.14	3.20	0.89	0.86	-	4.51
JAN11	19.71	2.77	5.00	3.53	6.00	4.57	3.20	1.33	0.00	-	4.40
JAN18	20.57	2.84	4.80	3.53	7.64	4.57	3.10	0.44	1.71	-	4.50
JAN25	19.71	3.08	5.14	4.24	6.55	4.57	3.10	0.44	1.71	-	4.54
FEB 1	17.60	3.22	5.14	4.24	5.45	3.82	3.00	0.46	0.92	-	4.30
FEB 8	15.43	3.60	4.67	4.94	5.45	4.17	3.75	1.33	0.92	-	4.39
FEB15	15.20	3.69	4.54	4.24	4.36	4.36	3.75	0.44	1.00	-	4.25
FEB22	12.00	4.62	4.42	6.46	4.36	5.45	3.75	0.44	1.00	-	4.46
MAR 1	11.29	4.62	3.90	5.54	5.45	4.70	3.20	0.89	0.92	-	4.23
MAR 8	10.59	4.31	3.60	5.54	5.45	5.74	3.48	0.86	0.92	-	4.19
MAR15	10.00	4.54	3.90	6.00	5.45	6.26	2.91	1.33	0.92	-	4.32
MAR22	9.88	4.22	4.98	6.00	8.73	5.22	2.91	1.78	0.92	-	4.54
MAR29	8.47	4.22	4.80	6.00	8.73	6.00	1.45	2.07	0.92	-	4.28
APR 5	9.00	4.31	4.62	6.55	6.55	4.32	1.09	2.48	1.00	-	4.02
APR12	7.33	4.00	5.23	6.55	6.55	5.00	1.50	3.43	1.00	-	4.26
APR19	7.58	4.31	5.68	6.55	5.00	4.71	1.13	3.56	1.00	-	4.29
APR26	8.40	5.37	5.37	5.45	5.00	4.71	2.18	3.23	1.09	-	4.59
MAY 3	10.20	4.62	4.74	5.45	5.45	3.72	2.47	4.00	1.20	-	4.56
MAY10	9.60	5.54	4.42	4.36	5.45	4.00	2.47	3.50	2.40	-	4.60
MAY17	10.80	5.27	3.08	3.27	5.45	4.80	2.47	3.65	2.67	-	4.51
MAY24	9.71	5.70	3.38	3.27	7.64	4.32	2.91	3.65	3.00	-	4.72
MAY31	9.27	5.70	3.38	3.00	13.00	6.00	3.38	4.70	4.50	-	5.43
JUN 7	9.39	6.60	4.31	2.77	12.00	5.76	3.27	3.84	4.50	-	5.62
JUN14	9.39	6.30	4.42	2.77	11.14	5.54	2.63	3.50	4.50	-	5.12
JUN21	9.82	5.71	5.05	3.69	10.29	6.24	2.71	4.70	1.50	-	5.38
JUN28	9.91	5.27	4.74	3.00	11.14	5.28	2.32	4.70	1.33	-	5.28
JUL 5	9.39	4.88	4.22	5.45	11.14	6.00	3.10	3.50	0.00	-	5.13
JUL12	10.36	5.02	4.74	6.55	9.43	5.50	2.71	2.40	0.00	-	5.11
JUL19	10.36	4.74	4.31	5.45	12.00	6.50	3.38	2.00	0.00	-	5.22
JUL26	10.86	4.57	4.31	4.36	11.08	7.09	3.38	2.18	0.00	-	5.20
SEP 6	12.57	4.64	4.88	8.00	17.45	6.67	2.57	3.82	0.00	-	6.09
SEP13	12.55	4.36	5.45	7.20	17.45	6.46	2.57	5.14	0.00	-	6.24
SEP20	12.00	4.74	6.00	6.55	13.00	5.78	1.71	5.40	0.00	-	5.97
SEP27	11.48	5.30	6.18	6.55	14.18	6.22	2.22	4.17	0.00	-	6.09
OCT 4	11.48	6.57	5.82	6.00	15.27	4.44	2.88	4.17	0.00	-	6.21
OCT11	10.91	6.42	5.45	7.20	15.60	4.89	3.00	3.65	0.00	-	6.09
OCT18	12.90	6.42	6.38	5.45	7.20	4.71	2.61	3.65	0.00	-	5.79
OCT25	12.60	6.57	6.75	4.36	7.20	4.14	2.73	3.50	1.71	-	5.79
NOV 1	12.00	6.00	7.60	4.36	7.20	4.29	2.73	3.36	1.71	-	5.76
NOV 8	11.43	5.14	7.03	6.00	6.00	4.14	2.73	4.32	1.71	-	5.54
NOV15	13.14	5.40	7.71	6.00	14.67	3.48	2.73	3.36	1.71	-	6.03
NOV29	13.64	6.15	8.14	4.00	13.33	3.60	2.61	2.88	1.71	-	6.09
DEC 6	12.55	5.40	7.71	7.20	13.33	4.80	2.18	2.22	0.00	-	5.94
DEC13	12.55	4.92	6.43	8.00	17.33	4.65	2.73	1.85	2.00	-	5.94
DEC20	12.55	4.92	6.67	7.20	14.40	4.65	2.73	1.50	3.00	-	5.90
DEC27	12.00	4.62	6.22	7.20	14.40	4.65	2.09	0.96	3.00	-	5.60
-	>$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.