2009 Houston Market Condition Weekly Averages

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

2008 | 2007 | 2006 | 2005 | 2004 | 2003 | 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
2009	>$2M	$1M-$1.99M	$800-$999K	$700-$799K	$600-$699K	$500-$599K	$400-$499K	$300-$399K	$200-$299K	$100-$199K
JAN 2	Buyer's 16	Buyer's 14	Normal 10	Seller's 7	Slightly Strong 8	Slightly Strong 8	Slightly Strong 8	Seller's 5	Seller's 4	Seller's 6
JAN 9	Buyer's 16	Buyer's 13	Normal 10	Seller's 6	Normal 9	Slightly Strong 8	Slightly Strong 8	Seller's 5	Seller's 4	Seller's 6
JAN 16	Buyer's 17	Buyer's 14	Normal 10	Seller's 7	Normal 10	Slightly Strong 8	Slightly Strong 8	Seller's 5	Seller's 5	Seller's 6
JAN 23	Buyer's 18	Buyer's 14	Normal 10	Seller's 7	Slightly Soft 11	Slightly Strong 8	Slightly Strong 8	Seller's 5	Seller's 5	Seller's 6
JAN 30	Buyer's 19	Buyer's 14	Slightly Soft 11	Seller's 7	Normal 10	Slightly Strong 8	Normal 9	Seller's 5	Seller's 5	Seller's 6
FEB 6	Buyer's 19	Buyer's 14	Normal 10	Seller's 7	Slightly Soft 11	Slightly Strong 8	Normal 9	Seller's 5	Seller's 4	Seller's 6
FEB 13	Buyer's 21	Buyer's 15	Slightly Soft 11	Seller's 7	Normal 10	Normal 9	Normal 9	Seller's 5	Seller's 5	Seller's 7
FEB 20	Buyer's 21	Buyer's 15	Normal 10	Slightly Strong 8	Normal 10	Normal 9	Normal 10	Seller's 5	Seller's 5	Seller's 6
FEB 27	Buyer's 23	Buyer's 16	Normal 10	Slightly Strong 8	Buyer's 12	Normal 10	Normal 10	Seller's 6	Seller's 5	Seller's 6
MAR 6	Buyer's 24	Buyer's 17	Slightly Soft 11	Normal 9	Buyer's 12	Normal 10	Normal 9	Seller's 6	Seller's 5	Seller's 7
MAR 13	Buyer's 25	Buyer's 17	Slightly Soft 11	Normal 9	Buyer's 13	Slightly Soft 11	Normal 9	Seller's 6	Seller's 5	Seller's 6
MAR 20	Buyer's 26	Buyer's 18	Slightly Soft 11	Normal 10	Buyer's 12	Slightly Soft 11	Normal 9	Seller's 6	Seller's 6	Seller's 6
MAR 27	Buyer's 26	Buyer's 18	Buyer's 12	Normal 10	Buyer's 12	Slightly Soft 11	Normal 10	Seller's 6	Seller's 6	Seller's 7
APR 3	Buyer's 26	Buyer's 18	Buyer's 14	Normal 10	Buyer's 13	Buyer's 12	Normal 10	Seller's 6	Seller's 6	Seller's 7
APR 10	Buyer's 28	Buyer's 18	Buyer's 15	Normal 10	Buyer's 13	Slightly Soft 11	Normal 9	Seller's 6	Seller's 6	Seller's 6
APR 17	Buyer's 27	Buyer's 18	Buyer's 14	Normal 10	Buyer's 14	Slightly Soft 11	Normal 10	Seller's 6	Seller's 6	Seller's 6
APR 24	Buyer's 28	Buyer's 18	Buyer's 14	Slightly Soft 11	Buyer's 13	Slightly Soft 11	Normal 10	Seller's 6	Seller's 7	Seller's 6
MAY 1	Buyer's 29	Buyer's 19	Buyer's 13	Slightly Soft 11	Buyer's 14	Slightly Soft 11	Normal 10	Seller's 6	Seller's 7	Seller's 6
MAY 8	Buyer's 27	Buyer's 18	Buyer's 14	Slightly Soft 11	Buyer's 14	Slightly Soft 11	Normal 10	Seller's 6	Seller's 6	Seller's 6
MAY 15	Buyer's 26	Buyer's 18	Buyer's 13	Slightly Soft 11	Buyer's 13	Normal 10	Normal 10	Seller's 6	Seller's 6	Seller's 6
MAY 22	Buyer's 27	Buyer's 19	Buyer's 13	Normal 10	Buyer's 14	Slightly Soft 11	Normal 9	Seller's 6	Seller's 7	Seller's 6
MAY 29	Buyer's 27	Buyer's 20	Buyer's 14	Slightly Soft 11	Buyer's 14	Slightly Soft 11	Normal 10	Seller's 6	Seller's 7	Seller's 6
JUNE 5	Buyer's 25	Buyer's 22	Buyer's 14	Buyer's 12	Buyer's 14	Slightly Soft 11	Normal 10	Seller's 6	Seller's 7	Seller's 7
JUNE 12	Buyer's 28	Buyer's 22	Buyer's 15	Buyer's 14	Buyer's 13	Slightly Soft 11	Slightly Soft 11	Seller's 6	Seller's 7	Seller's 7
JUNE 19	Buyer's 34	Buyer's 20	Buyer's 15	Buyer's 14	Buyer's 12	Slightly Soft 11	Slightly Soft 11	Seller's 6	Seller's 6	Seller's 7
JUNE 26	Buyer's 39	Buyer's 20	Buyer's 15	Buyer's 14	Buyer's 12	Slightly Soft 11	Slightly Soft 11	Seller's 7	Seller's 6	Seller's 7
JULY 3	Buyer's 37	Buyer's 20	Buyer's 15	Buyer's 14	Slightly Soft 11	Slightly Soft 11	Slightly Soft 11	Seller's 7	Seller's 6	Seller's 7
JULY 10	Buyer's 37	Buyer's 20	Buyer's 15	Buyer's 14	Normal 10	Slightly Soft 11	Slightly Soft 11	Seller's 7	Seller's 6	Seller's 7
JULY 17	Buyer's 37	Buyer's 20	Buyer's 15	Buyer's 15	Normal 10	Buyer's 14	Slightly Soft 11	Seller's 7	Seller's 7	Seller's 7
JULY 24	Buyer's 38	Buyer's 21	Buyer's 15	Buyer's 13	Normal 10	Buyer's 20	Slightly Soft 11	Seller's 7	Seller's 6	Slightly Strong 8
JULY 31	Buyer's 39	Buyer's 20	Buyer's 15	Buyer's 13	Normal 10	Buyer's 18	Normal 10	Slightly Strong 8	Seller's 7	Seller's 7
AUG 14	Buyer's 41	Buyer's 21	Buyer's 16	Slightly Soft 11	Normal 10	Buyer's 17	Slightly Soft 11	Slightly Strong 8	Seller's 7	Seller's 7
AUG 28	Buyer's 34	Buyer's 24	Buyer's 16	Slightly Soft 11	Normal 9	Buyer's 16	Slightly Soft 11	Slightly Strong 8	Seller's 6	Slightly Strong 8
SEP 4	Buyer's 38	Buyer's 23	Buyer's 16	Normal 10	Normal 9	Buyer's 12	Buyer's 12	Slightly Strong 8	Seller's 6	Seller's 7
SEP 11	Buyer's 33	Buyer's 20	Buyer's 14	Normal 10	Slightly Soft 11	Buyer's 12	Buyer's 12	Slightly Strong 8	Seller's 6	Slightly Strong 8
OCT 9	Buyer's 39	Buyer's 20	Buyer's 13	Normal 10	Normal 9	Normal 9	Buyer's 12	Slightly Strong 8	Seller's 6	Slightly Strong 8
OCT 16	Buyer's 39	Buyer's 20	Buyer's 13	Normal 10	Normal 10	Normal 9	Buyer's 12	Slightly Strong 8	Seller's 6	Seller's 7
OCT 23	Buyer's 37	Buyer's 20	Buyer's 13	Normal 9	Normal 9	Normal 9	Slightly Soft 11	Seller's 7	Seller's 6	Slightly Strong 8
OCT 30	Buyer's 37	Buyer's 20	Buyer's 13	Slightly Strong 8	Normal 10	Normal 9	Buyer's 12	Seller's 7	Seller's 6	Slightly Strong 8
NOV 6	Buyer's 38	Buyer's 19	Buyer's 13	Normal 9	Normal 9	Normal 10	Slightly Soft 11	Seller's 7	Seller's 6	Slightly Strong 8
NOV 13	Buyer's 37	Buyer's 20	Buyer's 13	Normal 9	Normal 9	Normal 9	Slightly Soft 11	Seller's 7	Seller's 5	Seller's 7
NOV 20	Buyer's 40	Buyer's 20	Buyer's 12	Slightly Strong 8	Normal 9	Normal 10	Slightly Soft 11	Seller's 7	Seller's 5	Seller's 6
NOV 27	Buyer's 38	Buyer's 19	Buyer's 12	Seller's 7	Normal 9	Normal 9	Slightly Soft 11	Seller's 7	Seller's 5	Seller's 7
DEC 4	Buyer's 37	Buyer's 19	Slightly Soft 11	Seller's 7	Normal 9	Normal 9	Slightly Soft 11	Slightly Strong 8	Seller's 5	Seller's 7
DEC 11	Buyer's 34	Buyer's 18	Slightly Soft 11	Slightly Strong 8	Slightly Strong 8	Slightly Strong 8	Normal 10	Seller's 7	Seller's 5	Seller's 7
DEC 18	Buyer's 27	Buyer's 18	Normal 10	Seller's 7	Slightly Strong 8	Slightly Strong 8	Normal 10	Seller's 7	Seller's 5	Seller's 6
DEC 25	Buyer's 26	Buyer's 20	Normal 10	Seller's 7	Slightly Strong 8	Slightly Strong 8	Normal 9	Seller's 7	Seller's 5	Seller's 7
-	>$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.

Thanks to Ted C. Jones, Senior Vice President and Chief Economist for Stewart Title Guaranty Co. for providing the formula to determine market condition.