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Market Analysis | Bellaire, TX Inventory & Purchasing Levels

These three metrics are helpful in an analysis to understand your selling and buying position.

A note about Months of Inventory : Real estate economists tell us a six-month supply of “for sale” inventory represents a balanced market between sellers and buyers. Over six month’s of “for sale” inventory indicates a buyer ’ s market. Less than six months of inventory is considered a seller ’ s market.

To receive detailed market analysis, including real estate values and market conditions in your neighborhood Belinda B. Schmidt | 713.417.1177 | belinda.schmidt@compass.com

Price Range

Month’s Supply of Listing Inventory (as of June 22 nd )

# Active Listings (as of June 22 nd )

# Under Contract, last month

Below $500K

7.7

29

6

$501K – 750K

7.3

22

1

$751K – 900K

10.3

31

2

$901K – 1M

5.5

11

2

$1M – 1.3M

13.2

43

6

$1.3M – 1. 5M

25.7

15

4

$1.5M - 2M

17.2

23

0

$2M +

44.0

11

0

ALL PRICE RANGES

8.5

185

21

Data obtained from the Houston Association of Realtors Multiple Listing Service | Single Family | Bellaire, TX (as determined by 77401)

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