The table below shows weekly
calculations of market conditions for single-family* dwellings by price
range in 19 zip codes. Months inventory estimates the number of months
it will take to deplete current active inventory based on the prior
twelve months sales activity. Updates: FRIDAY
Zip Codes:
77005, 77006, 77007, 77008, 77009, 77018, 77019, 77024, 77025,
77027, 77030, 77035, 77056, 77057, 77063, 77079, 77096, 77098, 77401
2007 |
2006
|
2005 |
2004 |
2003 |
All
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 |
|
|
|
Market
Condition and Current Inventory (in months) for 19 Zip Codes
in price ranges with at least five sales in previous 12 months OR
ten+ currently available properties
|
|
2008 |
>$2M |
$1M-$1.99M |
$800-$999K |
$700-$799K |
$600-$699K |
$500-$599K |
$400-$499K |
$300-$399K |
$200-$299K |
$100-$199K |
|
JAN 4 |
Buyer's
13 |
Slightly
Strong
8 |
Slightly
Strong
8 |
Seller's
5 |
Seller's
5 |
Normal
10 |
Seller's
6 |
Slightly
Strong
8 |
Seller's
6 |
Seller's
5 |
|
JAN 11 |
Buyer's
13 |
Slightly
Strong
8 |
Slightly
Strong
8 |
Seller's
6 |
Seller's
5 |
Slightly Strong
8 |
Seller's
6 |
Seller's
7 |
Seller's
5 |
Seller's
5 |
|
JAN 18 |
Buyer's
13 |
Normal
9 |
Slightly
Strong
8 |
Seller's
6 |
Seller's
5 |
Slightly
Strong
8 |
Seller's
7 |
Seller's
7 |
Seller's
5 |
Seller's
5 |
|
JAN 25 |
Buyer's
12 |
Normal
9 |
Slightly
Strong
8 |
Seller's
6 |
Seller's
5 |
Seller's
7 |
Seller's
6 |
Seller's
5 |
Seller's
6 |
Seller's
5 |
|
FEB 1 |
Buyer's
12 |
Normal
9 |
Seller's
7 |
Seller's
6 |
Seller's
5 |
Slightly
Strong
8 |
Seller's
6 |
Seller's
5 |
Seller's
6 |
Seller's
6 |
|
FEB 8 |
Buyer's
13 |
Buyer's
12 |
Seller's
7 |
Seller's
6 |
Seller's
5 |
Seller's
7 |
Seller's
7 |
Seller's
6 |
Seller's
6 |
Seller's
6 |
|
FEB 15 |
Buyer's
13 |
Buyer's
12 |
Seller's
7 |
Seller's
6 |
Seller's
6 |
Slightly
Strong
8 |
Seller's
6 |
Seller's
4 |
Seller's
6 |
Seller's
6 |
|
FEB 22 |
Buyer's
14 |
Buyer's
12 |
Seller's
7 |
Seller's
5 |
Seller's
5 |
Normal
9 |
Seller's
6 |
Seller's
4 |
Seller's
6 |
Seller's
6 |
|
FEB 29 |
Buyer's
14 |
Buyer's
12 |
Seller's
7 |
Seller's
5 |
Seller's
6 |
Slightly
Strong
8 |
Seller's
6 |
Seller's
4 |
Seller's
6 |
Seller's
6 |
|
MAR 7 |
Buyer's
15 |
Buyer's
12 |
Seller's
7 |
Seller's
6 |
Seller's
6 |
Slightly
Strong
8 |
Seller's
6 |
Seller's
4 |
Seller's
6 |
Seller's
6 |
|
MAR 14 |
Buyer's
16 |
Buyer's
13 |
Seller's
7 |
Seller's
6 |
Seller's
7 |
Seller's
7 |
Seller's
7 |
Seller's
4 |
Seller's
6 |
Seller's
6 |
|
MAR 21 |
Buyer's
16 |
Buyer's
13 |
Seller's
7 |
Seller's
6 |
Seller's
7 |
Slightly
Strong
8 |
Seller's
7 |
Seller's
4 |
Seller's
6 |
Seller's
7 |
|
MAR 28 |
Buyer's
16 |
Buyer's
13 |
Slightly
Strong
8 |
Seller's
7 |
Seller's
7 |
Slightly
Strong
8 |
Seller's
7 |
Seller's
4 |
Seller's
6 |
Seller's
7 |
|
APR 4 |
Buyer's
16 |
Buyer's
14 |
Slightly
Strong
8 |
Seller's
7 |
Seller's
7 |
Normal
10 |
Seller's
7 |
Seller's
4 |
Seller's
6 |
Seller's
7 |
|
APR 11 |
Buyer's
17 |
Buyer's
14 |
Slightly
Strong
8 |
Seller's
7 |
Seller's
7 |
Normal
10 |
Seller's
7 |
Seller's
5 |
Seller's
6 |
Seller's
7 |
|
APR 18 |
Buyer's
17 |
Buyer's
15 |
Slightly
Strong
8 |
Seller's
7 |
Seller's
7 |
Normal
10 |
Seller's
7 |
Seller's
5 |
Seller's
5 |
Seller's
7 |
|
APR 25 |
Buyer's
17 |
Buyer's
15 |
Slightly
Strong
8 |
Slightly
Strong
8 |
Slightly
Strong
8 |
Normal
9 |
Seller's
7 |
Seller's
5 |
Seller's
6 |
Seller's
7 |
|
MAY 2 |
Buyer's
16 |
Buyer's
15 |
Slightly
Strong
8 |
Normal
9 |
Slightly
Strong
8 |
Normal
9 |
Seller's
7 |
Seller's
6 |
Seller's
6 |
Seller's
7 |
|
MAY 9 |
Buyer's
16 |
Buyer's
15 |
Slightly
Strong
8 |
Slightly
Strong
8 |
Seller's
7 |
Normal
10 |
Seller's
7 |
Seller's
5 |
Seller's
6 |
Seller's
7 |
|
MAY 16 |
Buyer's
15 |
Buyer's
14 |
Normal
9 |
Seller's
7 |
Normal
9 |
Normal
10 |
Seller's
7 |
Seller's
4 |
Seller's
6 |
Seller's
7 |
|
MAY 23 |
Buyer's
16 |
Buyer's
15 |
Normal
10 |
Seller's
6 |
Normal
9 |
Slightly Soft
11 |
Seller's
7 |
Seller's
4 |
Seller's
6 |
Seller's
7 |
|
MAY 30 |
Buyer's
16 |
Buyer's
13 |
Normal
9 |
Seller's
6 |
Normal
9 |
Slightly Soft
11 |
Seller's
7 |
Seller's
5 |
Seller's
5 |
Seller's
6 |
|
JUN 6 |
Buyer's
17 |
Buyer's
12 |
Normal
10 |
Seller's
6 |
Normal
10 |
Normal
10 |
Seller's
7 |
Seller's
5 |
Seller's
5 |
Seller's
6 |
|
JUN 13 |
Buyer's
16 |
Buyer's
12 |
Normal
9 |
Seller's
7 |
Normal
9 |
Normal
10 |
Seller's
7 |
Seller's
6 |
Seller's
5 |
Seller's
7 |
|
JUN 20 |
Buyer's
16 |
Buyer's
13 |
Slightly
Strong
8 |
Seller's
7 |
Normal
9 |
Normal
9 |
Seller's
7 |
Seller's
5 |
Seller's
5 |
Slightly
Strong
8 |
|
JUN 27 |
Buyer's
15 |
Buyer's
12 |
Normal
9 |
Slightly
Strong
8 |
Normal
9 |
Normal
9 |
Seller's
7 |
Seller's
5 |
Seller's
5 |
Slightly
Strong
8 |
|
JUL 4 |
Buyer's
15 |
Buyer's
13 |
Normal
9 |
Seller's
7 |
Normal
9 |
Normal
9 |
Seller's
7 |
Seller's
5 |
Seller's
5 |
Normal
9 |
|
JUL 11 |
Buyer's
15 |
Buyer's
13 |
Normal
9 |
Seller's
7 |
Normal
9 |
Normal
9 |
Seller's
7 |
Seller's
5 |
Seller's
5 |
Slightly
Strong
8 |
| - |
>$2M |
$1M-$1.99M |
$800-$999K |
$700-$799K |
$600-$699K |
$500-$599K |
$400-$499K |
$300-$399K |
$200-$299K |
$100-$199K |
* 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.
|