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MarketWatch Summary

The table below shows market conditions for highrise and midrise properties by price range in Houston's most popular zip codes where activity has historically been the greatest. Months inventory estimates the number of months it will take to deplete current active inventory based on the prior twelve months sales activity.



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



Highrise and Midrise Condo Market Condition and Current Inventory (in months) in 4 Market Areas

for price ranges with at least three sales in previous 12 months OR
6+ currently available properties and at least one sale in previous 12 months.

Last update: Friday, May 26

Area

>$2M  $1M-
$1.9M 
$800-
$999K
$700-
$799K
$600-
$699K
$500-
$599K
$400-
$499K
$300-
$399K
$200-
$299K
$100-
$199K

Zip Code Weighted
AVG

Downtown
Areas

-

-

-

84

12

2

26

4

7

7

8

River Oaks, Greenway, Afton

52

33

28

14

9

4

11

7

6

-

13

Midtown,
Museum,
Montrose, Rice Vill.

12

17

-

-

-

22

39

10

9

6

11

Galleria, Tanglewood

39

22

54

84

8

9

9

14

13

8

13


Averages
 

34

24

41

61

10

9

21

9

9

7

-

-

>$2M  $1M-
$1.9M 
$800-
$999K
$700-
$799K
$600-
$699K
$500-
$599K
$400-
$499K
$300-
$399K
$200-
$299K
$100-
$199K

-

 

Just Buyers Houston  1919A Harold St.  Houston, TX  77098  Telephone 713-299-156  E-mail judythompson@att.net
All information is deemed reliable but not guaranteed and should be independently verified.
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