Market Watch-Zip 77098

The table below shows weekly calculations of market conditions for single-family* dwellings by price range in zip code 77098. 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	11 months	9-10 months	8 months	< 8 months

Montrose/Upper Kirby Area (77098) 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	$1M-$1.99M	$800-$999K	$700-$799K	$600-$699K	$500-$599K	$400-$499K	$300-$399K	$200-$299K	$100-$199K	Weighted AVG
JAN 11	-	-	0.00	-	10.67	10.50	12.00	-	-	8.82
JAN 25	-	-	0.00	-	12.00	13.33	10.80	-	-	9.53
FEB 8	7.20	-	1.71	-	13.50	13.33	8.40	-	-	9.23
FEB 22	7.20	-	1.71	-	12.00	15.00	7.20	-	-	8.84
MAR 8	7.20	-	2.00	-	12.00	17.14	7.20	-	-	9.41
MAR 22	9.60	-	2.00	-	10.80	15.43	6.00	-	-	8.84
APR 5	7.20	-	2.00	-	13.71	20.00	9.60	-	-	10.59
APR 19	14.40	-	2.00	-	17.14	20.00	6.55	-	-	11.31
MAY 3	22.00	-	2.40	-	20.00	18.86	6.67	-	-	13.82
MAY 17	20.00	-	2.40	-	18.00	15.43	9.33	9.60	-	12.63
MAY 31	22.00	-	-	-	21.60	12.00	13.20	4.80	-	14.47
JUN 14	20.00	-	-	-	26.40	12.00	9.82	4.80	-	13.67
JUN 14	17.14	-	-	-	24.00	12.00	10.80	2.40	-	13.00
JUL 12	18.86	`	-	-	16.00	14.67	14.67	5.14	-	13.89
JUL 26	17.14	`	-	-	19.20	16.50	9.82	4.00	-	12.97
AUG 9	17.14	`	-	-	16.80	16.50	9.82	4.00	-	14.32
AUG 23	16.50	`	-	-	16.80	14.40	6.55	5.14	-	11.41
SEP 6	20.57	`	-	-	-	13.20	6.55	6.86	-	11.31
SEP 20	24.00	`	-	-	-	16.00	5.00	6.86	-	12.00
OCT 4	18.86	`	-	-	-	17.33	7.00	4.50	-	11.33
OCT 18	17.14	`	-	-	12.00	14.67	6.00	6.00	-	10.54
NOV 1	17.14	`	-	-	12.00	13.33	4.62	6.00	-	9.71
NOV 15	15.43	`	-	-	12.00	16.00	4.62	6.00	-	10.00
NOV 29	15.43	`	-	-	-	14.40	3.69	6.00	-	9.16
DEC 13	13.71	`	-	-	-	9.82	2.77	4.50	-	7.08
DEC 27	14.00	`	-	-	14.40	7.64	1.71	2.67	-	6.40

* 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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This web site created and maintained by:
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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