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The table below shows weekly calculations of market conditions for single-family* dwellings by price range in zip code 77027. Months inventory estimates the number of months it will take to deplete current active inventory based on the prior twelve months sales activity. Updates: TUESDAY

2008 | 2007 | 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

 


Afton Oaks Area (77027) Market Conditions and Current Inventory (in months)
for price ranges with at least five sales in previous 12 months OR
10+ currently available properties and at least one sale in previous 12 months
 

2009 >$2M $1M-$1.99M $800-$999K $700-$799K $600-$699K $500-$599K $400-$499K $300-$399K $200-$299K $100-$199K Weighted
AVG
JAN 6 18.55 11.00 14.18 4.50 5.45 10.50 6.00 2.77 - - 9.24
JAN13 22.80 10.43 13.00 6.00 6.55 8.00 6.00 3.00 - - 9.45
JAN20 26.67 11.45 13.09 6.00 6.55 8.00 7.71 4.00 - - 10.25
JAN27 28.00 12.57 14.18 6.00 4.36 9.33 8.31 4.00 - - 10.72
FEB 3 28.00 14.53 14.18 6.00 5.45 7.20 10.15 2.77 - - 10.88
FEB10 34.50 17.05 15.27 6.00 7.64 8.40 13.00 3.69 - - 12.77
FEB17 36.00 19.06 14.18 7.50 6.55 8.40 14.00 3.69 - - 13.33
FEB24 42.86 22.00 14.00 9.00 8.40 8.40 14.18 3.69 - - 14.70
MAR 3 48.00 25.41 13.00 10.50 9.82 9.60 9.82 5.14 - - 15.10
MAR10 48.00 24.71 12.00 9.00 10.91 9.60 8.73 5.14 - - 14.70
MAR17 48.00 24.71 12.00 12.00 10.91 9.60 6.55 5.14 - - 14.76
MAR24 48.00 25.50 13.00 10.00 12.00 10.80 6.55 4.29 - - 14.93
APR 7 52.80 32.57 12.92 14.00 12.00 12.00 5.45 4.80 - - 16.00
APR14 52.80 29.60 13.85 16.80 13.20 10.80 5.45 4.80 - - 16.00
APR21 55.20 28.80 14.77 16.80 9.60 13.20 5.45 6.00 - - 16.34
APR28 55.20 27.20 16.00 16.80 7.20 19.20 5.45 6.00 - - 16.68
MAY 5 63.00 24.00 18.00 16.80 7.64 14.67 5.45 6.46 - - 16.10
MAY12 63.00 23.29 18.00 19.20 6.55 14.67 3.27 6.46 - - 15.66
MAY19 63.00 23.29 18.00 16.00 7.20 14.67 3.27 6.86 - - 15.61
MAY26 66.00 22.67 18.00 18.00 6.55 13.20 4.80 6.86 - - 15.81
JUN 2 55.20 26.25 15.00 18.00 6.55 16.50 6.00 7.71 - - 16.55
JUN 9 60.00 28.00 14.00 18.00 4.36 16.00 8.40 6.00 - - 16.54
JUN16 81.00 28.00 15.60 18.00 4.36 14.67 10.67 7.00 - - 18.00
JUN23 108.00 28.00 18.67 18.00 4.36 14.67 12.00 8.00 - - 19.07
JUN30 100.00 30.86 20.00 18.00 7.20 14.67 10.50 8.00 - - 19.77
JUL 7 96.00 30.00 21.00 12.00 6.00 13.50 10.50 7.38 - - 18.51
JUL14 96.00 33.23 16.50 18.00 4.80 10.50 16.00 8.31 - - 19.34
JUL21 92.00 35.00 17.33 16.00 4.00 10.50 12.00 6.46 - - 18.55
JUL28 92.00 34.00 15.60 14.00 4.50 10.50 12.00 6.46 - - 18.18
AUG11 80.00 27.43 12.00 12.00 8.00 12.00 21.60 7.71 - - 17.49
AUG18 76.00 25.71 12.00 10.29 7.20 10.80 17.14 6.86 - - 16.17
AUG25 45.00 31.00 12.00 6.86 7.20 9.82 20.00 7.71 - - 15.72
SEP 1 68.00 28.62 12.00 6.86 7.20 9.00 20.00 7.38 - - 15.89
SEP 8 51.00 28.62 11.00 8.57 7.20 9.23 24.00 6.46 - - 15.78
SEP15 54.00 29.54 12.00 10.29 - 8.57 24.00 5.54 - - 16.70
SEP22 48.00 35.00 10.15 9.00 - 7.20 24.00 7.00 - - 16.46
SEP29 48.00 33.23 9.23 8.00 - 7.20 24.00 7.00 - - 16.00
OCT 6 45.00 31.71 9.00 10.67 - 5.60 24.00 8.40 - - 16.39
OCT13 45.00 30.86 9.00 10.50 - 6.00 28.00 9.60 - - 16.94
OCT20 36.00 30.86 7.38 10.50 - 6.00 22.29 8.40 - - 15.72
OCT27 32.00 29.60 8.73 10.50 - 5.60 18.86 9.60 - - 15.67
NOV 3 32.00 27.20 7.64 10.50 - 5.60 20.57 9.60 - - 15.17
NOV10 32.00 28.80 8.40 10.50 - 5.60 18.86 10.80 - - 15.72
NOV17 36.00 28.80 8.00 6.00 - 5.60 17.33 13.33 - - 15.60
NOV24 36.00 24.00 9.33 4.50 - 6.00 20.00 14.67 - - 15.55
DEC 1 33.60 24.00 9.33 6.00 - 6.00 18.67 16.00 - - 15.55
DEC 8 28.00 23.33 7.20 8.75 - 6.00 18.67 17.33 - - 15.45
DEC15 30.00 22.11 7.20 6.67 - 6.00 18.67 20.00 - - 15.32
DEC22 30.86 21.47 7.20 6.00 9.60 6.46 17.33 21.33 - - 15.30
DEC29 30.86 20.84 7.20 6.00 9.60 6.46 16.00 21.33 - - 15.00
- >$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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Judy Thompson
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West U Real Estate LLC
1919A Harold St.
Houston, TX  77098
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E-mail: judythompson@att.net

All information is deemed reliable but not guaranteed and should be independently verified.

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