The table below shows weekly calculations of market conditions
for single-family* dwellings by price range in zip code 77098. The calculation compares
the number of sales in the previous 12 months with the number of
active listings to determine the current inventory of homes for sale.
The amount of inventory on the market (in months) determines the
market condition, as shown below. Updates:
TUESDAY
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 Market Condition and
Current Inventory (in months) in price ranges with at least five sales in previous 12 months OR ten+ currently available properties