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 codes 77006 & 77098, south of 59. 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: WEDNESDAY


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

 


Museum/Rice Area Market Condition and Current Inventory (in months)
for price ranges with at least three sales in previous 12 months OR six+ currently available properties
(Since this is a small area, the criteria is reduced)
 

2004 >$2M $1M-$1.99M $800-$999K $700-$799K $600-$699K $500-$599K $400-$499K $300-$399K $200-$299K $100-$199K Weighted
AVG 
JAN 7 - - 8.00 - 6.00 4.00 3.27 1.26 2.00 - 2.87
JAN14 - - 4.00 - 6.00 4.00 2.18 1.89 2.00 - 2.61
JAN21 - - 4.00 - 6.00 4.00 2.18 1.89 0.00 - 2.35
JAN28 - - 4.00 - 3.00 4.00 2.18 1.89 2.00 - 2.35
FEB 4 - - 4.00 - 3.00 8.00 3.27 1.89 2.00 - 2.87
FEB11 - - 4.00 - 3.00 8.00 3.27 1.33 4.00 - 2.93
FEB18 - - 4.00 - 3.00 12.00 4.36 1.33 4.00 - 3.47
FEB25 - - 3.00 - 3.00 4.00 4.36 2.00 4.00 - 3.13
MAR 3 - - 3.00 - 0.00 8.00 4.36 2.00 4.80 - 3.13
MAR10 - - 3.00 - 0.00 8.00 4.36 3.33 4.80 - 3.65
MAR17 - - 3.00 - 0.00 8.00 4.36 3.33 4.80 - 3.65
MAR24 - - 3.00 - 0.00 8.00 3.27 2.12 7.20 - 3.13
MAR31 - - 3.00 - 0.00 6.00 2.18 4.24 7.20 - 3.57
APR 7 - - 8.00 - 0.00 6.00 2.18 3.00 4.80 - 3.20
APR14 - - 12.00 - 0.00 3.00 1.09 4.50 4.80 - 3.47
APR21 - 4.00 12.00 - 0.00 3.00 1.09 4.50 4.80 - 3.50
APR28 - 0.00 12.00 - 2.00 3.00 2.18 3.00 2.40 - 3.00
MAY 5 - 0.00 12.00 - 4.00 3.00 2.40 2.82 2.00 - 3.18
MAY12 - 12.00 12.00 - 4.00 3.00 2.40 2.12 2.00 - 3.67
MAY19 - 12.00 12.00 - 6.00 3.00 1.20 2.00 2.00 - 3.60
MAY26 - 12.00 8.00 - 6.00 3.00 2.18 1.20 3.43 - 3.33
JUN 2 - 12.00 8.00 - 6.00 2.40 2.18 1.14 4.00 - 3.27
JUN 9 - 12.00 8.00 - 6.00 0.00 1.33 1.64 4.00 - 3.11
JUN16 - 12.00 8.00 - 6.00 0.00 2.67 1.64 4.00 - 3.33
JUN23 - 12.00 - - 6.00 0.00 2.40 2.29 4.00 - 3.29
JUN30 - 12.00 - - 8.00 0.00 3.60 2.86 4.00 - 4.00
JUL 7 - 12.00 - - 6.00 0.00 3.60 3.16 4.80 - 4.00
JUL14 - 12.00 - - 4.00 2.40 6.67 3.16 4.80 - 4.60
JUL21 - 16.00 - - 2.00 2.40 7.50 2.67 2.40 - 4.27
SEP 1   9.00 - - 2.00 3.00 5.14 2.67 0.00 - 3.35
SEP 8 8.00 9.00 - - 1.50 3.00 3.43 2.67 0.00 - 3.56
SEP15 8.00 9.00 - - 1.50 3.00 3.43 2.67 0.00 - 3.56
SEP22 8.00 9.00 - - 1.50 3.00 3.43 3.53 0.00 - 3.57
SEP29 8.00 9.00 - - 1.50 6.00 3.00 2.12 0.00 - 3.25
OCT 6 8.00 9.00 - - 1.50 6.00 3.00 2.82 0.00 - 3.49
OCT13 4.00 9.00 - - 1.50 6.00 1.50 4.24 0.00 - 3.50
OCT20 4.00 9.00 - - 1.50 6.00 2.67 4.24 0.00 - 3.67
OCT27 4.00 9.00 - - 2.00 6.00 2.67 2.82 0.00 - 3.32
NOV 3 4.00 9.00 - - 2.00 6.00 0.00 4.00 0.00 - 3.25
NOV10 4.00 9.00 - - 2.00 6.00 0.00 2.67 0.00 - 2.75
NOV17 8.00 6.00 - - 2.00 8.00 1.50 4.50 0.00 - 3.82
NOV24 8.00 9.00 - - 2.00 8.00 1.50 4.50 0.00 - 4.19
DEC 1 - 6.00 16.00 - 2.40 8.00 1.33 5.14 0.00 - 4.68
DEC 8 - 6.00 16.00 - 3.00 8.00 1.71 4.29 0.00 - 4.74
DEC15 - 6.00 8.00 - 3.00

-

1.71 4.62 0.00 - 3.88
DEC22 - 8.00 8.00 - 3.00

-

0.00 3.43 0.00 - 3.18
DEC29 - 8.00 8.00 - 3.00

-

1.71 3.43 0.00 - 3.53
2005
JAN 5
- 6.00 4.80 - 3.00 - 1.71 4.29 0.00 - 3.57
JAN12 - 6.00 4.80 - 6.00 - 3.43 4.00 0.00 - 4.11
JAN19 - 6.00 4.80 - 9.00 - 1.71 2.40 0.00 - 3.47
JAN26 - 6.00 2.40 - 6.00 - 3.43 1.50 4.00 - 3.08
FEB 2 - 4.80 2.40 - 4.80 - 3.43 2.12 4.00 - 2.73
FEB 9 - 3.00 2.40 - 3.00 - 3.43 3.00 4.00 - 3.08
FEB16 - 3.00 4.80 - 6.00 - 3.43 3.00 4.00 - 3.69
FEB23 - 3.00 6.00 - 6.00 - 3.00 3.00 4.00 - 3.65
MAR 2 - 6.00 3.00 - 6.00 - 6.00 3.00 4.00 - 4.31
MAR 9 0.00 6.00 3.00 - 4.80 - 6.00 1.50 4.00 - 3.07
MAR16 0.00 3.00 0.00 - 4.80 - 6.00 0.75 4.00 - 2.51
MAR23 0.00 3.00 2.40 - 4.80 - 6.00 0.75 0.00 - 2.45
MAR30 0.00 12.00 2.40 - 6.00 - 6.00 1.41 0.00 - 3.35
APR 6 0.00 12.00 2.40 - 6.00 - 7.50 2.00 4.00 - 4.09
APR13 8.00 12.00 2.40 - 6.00 - 7.50 1.33 0.00 - 4.09
APR20 8.00 18.00 2.40 - 6.00 - 8.57 1.33 0.00 - 4.29
APR27 8.00 - 2.40 - 6.00 - 5.14 1.26 0.00 - 2.93
MAY 4 8.00 18.00 2.00 - 6.00 - 5.14 1.14 0.00 - 3.50
MAY11 8.00 16.00 2.00 - 6.00 - 3.43 1.14 0.00 - 3.25
MAY18 8.00 16.00 2.00 - 9.00 - 3.43 1.20 0.00 - 3.50
MAY25 8.00 16.00 2.00 - 9.00 - 3.43 1.80 0.00 - 3.83
JUN 1 8.00 16.00 2.00 - 6.00 - 2.67 2.00 0.00 - 3.57
JUN 8 8.00 8.00 6.00 - 6.00 - 2.67 2.00 0.00 - 3.57
JUN15 8.00 8.00 6.00 - 3.00 - 1.33 2.67 3.00 - 3.45
JUN22 4.00 8.00 6.00 - 2.40 - 4.50 2.67 3.00 - 3.83
JUN29 4.00 8.00 6.00 - 2.40 - 4.50 2.00 3.00 - 3.57
JUL 6 4.00 0.00 6.00 - 2.40 - 3.00 2.00 3.00 - 2.81
JUL13 4.00 0.00 2.00 - 4.80 - 3.00 2.00 3.00 - 2.55
JUL20 4.00 4.00 2.00 - 4.80 - 3.00 2.00 6.00 - 3.06
JUL27 4.00 8.00 2.00 - 7.20 - 3.00 2.82 3.00 - 3.65
AUG 3 4.00 12.00 4.00 - 9.60 - 3.00 2.25 4.00 - 4.36
AUG10 4.00 12.00 4.00 - 9.60 - 3.00 1.50 4.00 - 4.09
AUG17 4.00 16.00 2.00 - 7.20 - 3.00 1.41 8.00 - 4.00
AUG24 -