WEST U REAL ESTATE.COM

Houston Real Estate Source

Market Watch

 
The table below shows weekly calculations of market conditions for single-family* dwellings by price range in zip code 77018. 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: MONDAY
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

 


Garden Oaks 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
 
2004 $1M-$1.99M $800-$999K $700-$799K $600-$699K $500-$599K $400-$499K $300-$399K $200-$299K $100-$199K Weighted
AVG 
JAN 5 - - - - - - 19.20 4.74 3.46 4.02
JAN12 - - - - - - 19.20 5.06 3.68 4.27
JAN19 - - - - - - 19.20 5.27 3.62 4.27
JAN26 - - - - - - 19.20 5.12 3.57 4.21
FEB 2 - - - - - - 21.60 4.68 3.38 4.00
FEB 9 - - - - - - 18.00 5.25 3.34 4.09
FEB16 - - - - - - 16.00 6.00 3.62 4.43
FEB23 - - - - - - 14.00 6.30 3.58 4.42
MAR 1 - - - - - - 16.80 6.62 3.35 4.23
MAR 8 - - - - - - 21.60 6.77 3.29 4.37
MAR15 - - - - - - 20.00 6.92 3.11 4.28
MAR22 - - - - - - 21.60 6.86 2.86 4.04
MAR29 - - - - - - 21.60 6.39 2.84 3.92
APR 5 - - - - - - 19.20 7.01 3.00 4.14
APR12 - - - - - - 18.00 7.29 2.99 4.23
APR19 - - - - - - 20.00 7.35 2.99 4.29
MAY 3 - - - - - - 20.57 8.31 3.16 4.67
MAY10 - - - - - - 22.29 7.44 3.49 4.75
MAY17 - - - - - - 22.29 6.75 3.51 4.61
MAY24 - - - - - - 18.00 6.77 3.55 4.59
JUN 7 - - - - - - 21.00 6.37 3.26 4.34
JUN14 - - - - - - 18.00 6.07 3.26 4.22
JUN21 - - - - - - 18.00 5.65 3.28 4.14
JUN28 - - - - - - 16.00 5.93 3.43 4.33
JUL 5 - - - - - 9.60 17.33 6.00 3.49 4.50
JUL12 - - - - - 9.60 18.67 5.93 3.40 4.47
JUL19 - - - - - 7.20 21.33 6.34 3.71 4.83
SEP 6 - - - - - - 20.40 7.20 4.25 5.43
SEP13 - - - - - 4.80 19.20 7.37 4.51 5.61
SEP20 - - - - - 7.20 20.40 7.66 4.90 6.03
SEP27 - - - - - 7.20 19.20 8.14 4.85 6.09
OCT 4 - - - - - 7.20 19.20 6.84 4.77 5.73
OCT11 - - - - - 7.20 13.00 7.14 5.21 5.97
OCT18 - - - - - 7.20 16.36 6.65 5.27 5.98
OCT25 - - - - - 7.20 15.27 6.59 5.11 5.81
NOV 1 - - - - - 9.60 13.00 6.43 5.01 5.69
NOV 8 - - - - - 9.60 15.00 6.43 5.18 5.88
NOV15 - - - - - 8.00 12.92 6.65 5.28 5.95
NOV22 - - - - - 10.00 13.71 6.78 5.63 6.31
NOV29 - - - - - 8.57 12.75 6.71 5.38 6.10
DEC 6 - - - - - 12.00 12.80 7.29 5.42 6.27
DEC13 - - - - - 12.00 12.86 7.20 4.88 5.85
DEC20 - - - - - 12.00 12.00 6.86 4.92 5.78
DEC27 - - - - - 9.60 10.40 6.94 4.79 5.60
2005
JAN 3		 - - - - - 12.00 6.00 6.84 4.51 5.25
JAN10 - - - - - 12.00 6.67 6.57 4.74 5.37
JAN17 - - - - - 9.60 8.00 7.30 4.66 5.50
JAN24 - - - - - 9.60 8.21 7.52 4.83 5.70
JAN31 - - - - - 9.60 9.33 7.90 4.75 5.78
FEB 7 - - - - - 9.60 9.88 7.29 4.32 5.36
FEB14 - - - - - 9.60 9.18 7.62 4.57 5.61
FEB21 - - - - - - 7.76 7.28 4.46 5.34
FEB28 - - - - - - 7.33 7.48 4.47 5.37
MAR 7 - - - - - - 8.00 7.50 4.36 5.33
MAR14 - - - - - - 8.47 7.64 4.40 5.41
MAR21 - - - - - - 6.67 8.18 4.48 5.54
MAR28 - - - - - - 6.67 7.61 4.36 5.33
APR 4 - - - - - - 7.33 8.52 4.26 5.54
APR11 - - - - - - 7.33 8.48 4.68 5.81
APR18 - - - - - - 7.33 8.04 4.56 5.61
APR25 - - - - - - 8.00 8.49 4.69 5.83
MAY 2 - - - - - - 8.67 8.32 4.56 5.72
MAY 9 - - - - - - 9.33 8.04 4.67 5.79
MAY16 - - - - - - 10.00 7.78 4.99 5.98
MAY23 - - - - - - 12.71 7.78 5.05 6.14
MAY30 - - - - - - 12.00 7.53 4.81 5.90
JUN 6 - - - - - - 12.00 7.23 4.95 5.90
JUN13 - - - - - - 13.50 7.07 5.28 6.12
JUN20 - - - - - - 10.50 7.17 5.33 6.05
JUN27 - - - - - - 9.75 6.20 5.46 5.86
JUL 4 - - - - - - 10.50 6.20 5.31 5.78
JUL11 - - - - - - 11.25 6.07 5.34 5.80
JUL18 - - - - - - 12.00 5.81 5.31 5.75
JUL25 - - - - - - 12.00 5.14 5.31 5.56
AUG 1 - - - - - - 12.80 4.56 5.10 5.27
AUG 8 - - - - - - 10.40 4.78 5.09 5.22
AUG15 - - - - - - 11.20 4.78 4.52 4.87
AUG22 - - - - - - 12.00 4.63 4.40 4.79
AUG29 - - - - - - 12.80 4.56 4.33 4.75
SEP 5 - - - - - - 12.80 4.63 4.20 4.68
SEP12 - - - - - - 11.20 4.31 4.36 4.62
SEP19 - - - - - - 10.40 4.27 4.35 4.58
SEP26 - - - - - - 9.75 4.04 4.34 4.49
OCT 3 - - - - - - 9.75 4.24 4.15 4.42
OCT10 - - - - - - 6.75 4.04 4.34 4.36
OCT17 - - - - - - 6.75 3.92 4.44 4.39
OCT24 - - - - - - 6.75 3.96 4.38 4.36
OCT31 - - - - - - 6.67 3.88 4.40 4.37
NOV 7 - - - - - - 8.21 4.12 4.59 4.64
NOV14 - - - - - - 8.00 3.72 4.52 4.47
NOV21 - - - - - - 7.33 4.25 4.52 4.59
NOV28 - - - - - - 8.00 4.13 4.28 4.42
DEC 5 - - - - - - 8.47 4.25 4.00 4.28
DEC12 - - - - - - 9.75 3.88 3.95 4.19
DEC19 - - - - - - 9.75 4.00 3.95 4.23
DEC26 - - - - - - 9.75 4.16 3.30 3.82
2006
JAN 2		 - - - - - - 9.23 4.25 3.26 3.75
JAN 9 - - - - - - 7.38 4.63 3.46 3.92
JAN16 - - - - - - 7.38 4.45 3.48 3.89
JAN23 - - - - - - 6.46 4.45 3.07 3.58
JAN30 - - - - - - 5.60 4.08 3.29 3.60
FEB 6 - - - - - - 5.60 3.84 3.16 3.44
FEB13 - - - - - - 5.60 3.96 2.70 3.16
FEB20 - - - - - 14.40 8.25 4.16 2.47 3.32
FEB27 - - - - - 14.40 8.25 4.16 2.45 3.30
MAR 6 - - - - - 14.40 6.00 3.41 2.52 3.07
MAR13 - - - - - 12.00 4.80 3.50 2.42 2.96
MAR20 - - - - - 10.00 6.00 3.92 2.41 3.08
MAR27 - - - - - 8.00 6.00 3.92 2.59 3.18
APR 3 - - - - - 8.00 6.00 3.68 2.67 3.17
APR10 - - - - - 6.00 6.00 3.65 2.94 3.31
APR24 - - - - - 5.14 7.20 3.66 2.89 3.32
APR24 - - - - - 5.14 7.20 3.66 2.89 3.32
MAY 1 - - - - - 6.00 13.60 4.37 2.55 3.55
MAY 8 - - - - - 6.00 13.60 4.42