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The table below shows weekly calculations of market conditions for single-family* dwellings by price range in zip code 77030. 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

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

 


Southgate Area (77030) 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 $1M-$1.99M $800-$999K $700-$799K $600-$699K $500-$599K $400-$499K $300-$399K $200-$299K $100-$199K Weighted
AVG
JAN 7 26.00 8.00 8.00 6.00 2.57 6.55 5.14 - - 7.73
JAN14 24.00 8.00 6.67 10.00 5.14 7.64 5.14 - - 8.54
JAN21 24.00 8.00 6.67 10.00 4.80 8.73 5.14 - - 8.60
JAN28 24.00 8.00 6.67 10.00 5.60 8.73 5.14 - - 8.80
FEB 4 28.00 8.00 5.33 10.00 4.29 7.64 3.43 - - 8.34
FEB11 28.00 8.00 5.33 10.00 6.00 7.00 3.43 - - 8.60
FEB18 28.00 5.14 5.33 10.00 6.00 9.60 3.43 - - 8.75
FEB25 28.00 5.14 5.33 10.00 6.86 9.33 3.43 - - 8.90
MAR 4 31.20 7.20 6.00 10.00 6.40 6.67 3.43 - - 8.73
MAR11 26.00 7.20 4.50 10.00 5.25 9.00 3.00 - - 8.31
MAR18 26.00 9.60 4.00 8.57 6.75 8.00 3.43 - - 8.54
MAR25 26.00 12.00 5.33 10.29 6.00 8.00 3.43 - - 8.95
APR 1 26.00 - 5.33 10.29 6.40 8.00 4.00 - - 9.00
APR 8 26.00 - 3.60 8.57 5.60 8.00 7.20 - - 8.54
APR15 26.00 - 3.60 8.57 7.71 8.00 4.80 - - 8.94
APR22 26.00 - 5.33 8.57 6.40 8.00 7.20 - - 9.18
APR29 28.00 - 4.00 12.00 3.20 10.67 7.20 - - 9.18
MAY 6 28.00 - 4.00 9.00 3.20 12.00 4.80 - - 8.71
MAY13 30.00 - 4.00 10.50 3.20 12.00 4.80 - - 9.12
MAY20 32.00 - 5.33 12.00 4.00 12.00 4.80 - - 10.08
MAY27 38.40 - 6.67 12.00 5.14 15.43 - - - 12.28
JUN 3 51.00 - 5.33 14.00 5.54 15.00 - - - 13.20
JUN10 54.00 - 6.67 10.00 8.31 15.00 - - - 14.10
JUN17 51.00 - 6.00 10.00 5.54 18.86 - - - 13.20
JUN24 51.00 - 6.00 10.00 5.54 16.50 - - - 12.88
JUL 1 48.00 - 6.67 6.86 9.82 19.50 - - - 14.46
JUL 8 51.00 - 8.00 7.50 9.82 19.50 - - - 13.87
JUL15 48.00 - 7.20 10.50 9.00 19.50 - - - 13.53
JUL22 48.00 - 6.00 10.50 8.00 17.33 4.80 - - 12.75
JUL29 48.00 - 5.45 10.50 8.00 17.33 4.80 - - 12.49
AUG12 64.00 - 6.00 9.00 8.00 20.57 4.80 - - 13.07
AUG19 96.00 - 6.67 9.00 9.00 24.00 4.80 - - 14.29
AUG26 108.00 - 6.67 9.00 8.00 26.00 4.80 - - 14.86
SEP 2 102.00 - 6.67 8.00 8.00 28.80 4.80 - - 14.29
SEP 9 68.00 - 6.67 8.00 9.60 24.00 4.80 - - 14.29
SEP16 64.00 - 8.00 8.00 10.80 22.00 7.20 - - 14.57
SEP23 64.00 - 8.00 7.20 10.80 22.00 7.20 - - 14.23
SEP30 64.00 - 9.00 9.00 7.64 24.00 7.20 - - 14.23
OCT 7 56.00 - 10.00 10.50 7.00 24.00 - - - 15.43
OCT14 56.00 7.20 10.29 9.00 8.00 24.00 - - - 14.34
OCT21 56.00 7.20 10.29 9.33 8.00 22.00 - - - 14.00
OCT28 52.00 7.20 9.00 9.33 7.00 20.00 - - - 12.84
NOV 4 44.00 7.20 7.50 8.00 9.00 18.00 - - - 12.00
NOV11 56.00 7.20 6.00 8.00 9.00 10.00 - - - 11.44
NOV18 64.00 4.00 4.50 9.33 10.00 10.00 - - - 11.73
NOV25 56.00 4.00 3.43 9.33 10.15 10.00 - - - 11.18
DEC 2 56.00 4.00 3.43 9.33 11.08 10.00 19.20 - - 12.24
DEC 9 56.00 1.71 3.43 10.67 10.29 7.50 16.80 - - 11.09
DEC16 56.00 1.71 3.43 10.67 10.29 6.00 - - - 10.25
DEC23 90.00 1.71 3.43 10.67 10.15 7.50 - - - 10.96
DEC30 56.00 1.71 3.43 9.33 11.08 7.50 16.80 - - 11.08
- $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
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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