Report Date: January 09, 2008
For the period: January 6, 2007 - January 5, 2008

 

 

 

Single Family Homes


 

Single Family - Months Inventory  

This is the time, in months, it would take, for the present number of active listings to sell, at the current rate of sales. Larger values indicate a slower market. Smaller values indicate an active market. An inventory of 9 - 10 months indicates market equilibrium. Lower values indicate a seller's market. Higher values indicate a buyer's market. Understand, this is not the average time it takes an individual home to sell. Instead, it is the time it would take to deplete the present inventory of all listings in the Houston MLS at the rate they are selling.

 

5.9

 


 

Single Family - Annualized Sales  

For each week, this graph shows the number of closed sales that were reported in the prior twelve months. The twelve-month aggregation smoothes out brief fluctuations so that longer trends are evident.

 

 

 

 

Townhouse/Condo


 

Months Inventory  

This is the time it would take for the active listings to sell at the current rate of sales. Large values indicate a slow market. Smaller values indicate an active market. An inventory of 9 - 10 months indicates market equilibrium. Lower values indicate a seller's market. Higher values indicate a buyer's market.

 

7.5

 


 

Annualized Sales  

For each week, this graph shows the number of closed sales that were reported in the prior twelve months. The twelve-month aggregation smoothes out brief fluctuations so that longer trends are evident.

 

 

 

 

Highrise


 

Months Inventory  

This is the time it would take for the active listings to sell at the current rate of sales. Large values indicate a slow market. Smaller values indicate an active market. An inventory of 9 - 10 months indicates market equilibrium. Lower values indicate a seller's market. Higher values indicate a buyer's market.

 

13.3

 


 

Annualized Sales  

For each week, this graph shows the number of closed sales that were reported in the prior twelve months. The twelve-month aggregation smoothes out brief fluctuations so that longer trends are evident.

 

 

 

 

 

Disclaimer Notice:
This information is presented in good faith, but no warranty is given by and HRIS assumes no liability for advice or recommendations made concerning results to be obtained from the use of any product or service. The results given are estimates based on calculations produced by a computer model including various assumptions. The results depend on input data and estimates as to unknown data and can be no more accurate than the model, the assumptions and such input data. The information presented is HRIS's best estimate of the actual results and should be used for comparison purposes rather than absolute values.