Market Watch-Zip 77007

The table below shows weekly calculations of market conditions for single-family* dwellings by price range in zip code 77007. Months inventory estimates the number of months it will take to deplete current active inventory based on the prior twelve months sales activity. Updates: EVERY OTHER TUESDAY

2010 | 2009 | 2008 | 2007 | 2006 | 2005 | 2004 | Combined

Buyer's market	Slightly soft market	Normal market	Slightly strong market	Seller's market
12+ months	months	9-10 months	8 months	< 8 months

Memorial Park Area (77007) 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
2011	>$2M	$1M-$1.99M	$800-$999K	$700-$799K	$600-$699K	$500-$599K	$400-$499K	$300-$399K	$200-$299K	$100-$199K	Weighted AVG
JAN 11	12.00	10.15	6.67	-	-	12.00	5.31	6.99	7.09	9.14	7.28
JAN 25	-	10.15	9.33	-	-	12.00	6.20	8.29	7.34	10.20	7.98
FEB 8	-	10.15	9.00	-	-	12.00	5.79	8.38	7.70	10.80	8.06
FEB 22	-	11.08	4.80	-	-	8.00	6.41	8.83	7.76	11.43	8.13
MAR 8	-	10.29	5.45	-	-	7.71	6.32	9.22	9.38	12.63	8.66
MAR 22	-	9.43	6.00	-	-	8.00	6.20	9.39	9.29	15.53	8.79
APR 5	14.40	9.60	6.00	14.40	-	9.43	6.31	8.12	9.84	12.00	8.71
APR 19	14.40	8.80	6.00	12.00	-	9.60	6.76	8.91	9.97	11.33	8.95
MAY 3	14.40	11.20	7.20	9.60	10.00	9.60	6.69	9.39	10.20	10.59	9.26
MAY 17	14.40	10.40	7.20	9.60	6.00	8.47	6.82	8.62	10.97	10.67	9.02
MAY 31	14.40	9.43	4.80	14.40	4.50	9.18	5.89	9.09	9.86	10.11	8.58
JUN 14	19.20	10.29	4.80	14.00	3.00	12.00	6.46	8.40	9.25	14.40	8.93
JUN 28	19.20	11.09	5.33	16.00	3.43	12.00	6.34	7.94	8.25	14.40	8.69
JUL 12	21.60	10.29	3.60	20.00	4.50	11.33	6.67	7.04	7.43	12.75	8.23
JUL 26	19.20	10.40	3.60	19.20	6.67	11.37	7.66	7.04	5.37	13.41	7.93
AUG 9	19.20	10.40	3.60	19.20	6.67	10.74	7.86	7.04	5.65	13.41	7.99
AUG 23	19.20	11.14	3.60	16.80	8.00	10.11	7.20	6.16	5.33	12.00	7.40
SEP 6	14.00	15.00	4.00	12.00	10.67	7.20	7.93	4.74	5.17	12.00	7.08
SEP 20	19.20	15.27	5.33	14.00	12.00	5.71	7.40	5.56	4.95	12.60	7.17
OCT 4	21.60	15.27	5.33	12.00	10.67	6.60	7.16	6.60	5.45	10.80	7.46
OCT 18	21.60	15.27	4.50	12.00	10.80	8.21	7.53	7.58	5.19	11.37	7.84
NOV 1	16.80	13.85	5.14	10.29	12.00	8.84	5.89	8.55	5.55	10.80	7.84
NOV 15	-	13.85	5.14	12.00	9.60	8.21	5.79	8.96	5.16	9.45	7.21
NOV 29	-	15.00	8.57	8.57	8.40	9.47	5.26	9.35	4.39	9.91	7.39
DEC 13	-	15.27	8.57	8.57	8.00	9.47	5.17	10.91	4.44	10.86	7.82
DEC 27	-	16.80	8.00	4.80	6.55	9.00	5.26	10.46	4.34	10.86	7.50

* 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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