WEST U REAL ESTATE.COM

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Market Watch



The table below shows weekly calculations of market conditions for single-family* dwellings by price range in zip code 77027. Months inventory estimates the number of months it will take to deplete current active inventory based on the prior twelve months sales activity. Updates: TUESDAY

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

 


Afton Oaks Area (77027) 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
 

2010 >$2M $1M-$1.99M $800-$999K $700-$799K $600-$699K $500-$599K $400-$499K $300-$399K $200-$299K $100-$199K Weighted
AVG
JAN 5 27.43 17.14 6.55 4.50 12.00 6.00 16.00 21.33 - - 13.57
JAN 12 29.14 17.71 4.80 4.50 12.00 6.46 16.00 20.00 - - 13.76
JAN 19 29.14 18.29 3.60 4.50 12.00 5.54 16.80 16.00 - - 13.30
JAN 26 29.14 19.43 3.27 4.00 12.00 4.62 18.00 17.33 - - 13.41
FEB 2 25.71 18.86 3.27 5.14 14.40 6.00 16.80 19.50 - - 13.78


* 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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