Houston Heights Market Update – August 2012

Lydia Davies September 19, 2018

Below you will find the most recent data on home sales and prices for the Greater Houston Heights area of Houston, Texas, which includes great neighborhoods such as Houston Heights, Woodland Heights, Norhill Heights, Sunset Heights, Brookesmith, and Shady Acres.  This great neighborhood is the ultimate combination of hip culture and family-oriented, kid-friendly atmosphere.  If you are interested in receiving monthly Houston and Greater Heights real estate news updates, then sign up for our RSS feed to receive instant updates. For more information about Greater Heights and to view past market updates, check out our Greater Heights neighborhood page.  Or email us at [email protected].

Sales Activity

102 Homes were sold in Houston Heights in the month of August.  That’s up 26% from August 2011.   Homes continue to sell very quickly in the Heights.  Half of all listings sold in less than 26 days.  That is even better than last month when half of all homes sold in less than 35 days.

Active Listings

The seller’s market in Houstoncontinues.  Current inventory levels stand at 3 months with 302 listings on the market.  94 of those listings were new in the month of August.

At Norhill, we are closely watching the market for new listing in the Heights.  We have several buyers that are waiting for more options to come on the market in the Heights.  If you are considering selling your home in the Heights are surrounding areas, let us know.  You might be able to sell your home very quickly and at a more favorable price than the past couple of years.

Home Prices

Prices continue to climb in the Heights. The average price for single family homes sold over the past 12 months (ending in August 2012) was $361,109.  That’s up 2% from the previous 12 month period (ending August 2011).Tulane slider

Due to its affordability, location, and historic charm, Greater Heights is one of the most sought after communities in Houston. Most of the Heights was built in the early part of the 20th century. Although it is basically the center of town, back when it was developed it was known as the 1st suburb in Houston with trolley cars to downtown and ritzy boutiques along 19th street. The neighborhood went through some rough times in the 70s and 80s, but now it is one of the trendiest, family-oriented areas of town and the trendy boutiques and restaurants have returned to 19th Street and throughout the area.

The Houston Heights offers a diverse mix of old and new Victorian homes, early century craftsman homes, and newly constructed townhomes and modern developments. Subdivisions include some of the most sought after sections of Houston, including Houston Heights, Woodland Heights, Stude, Brooksmith, Sunset Heights, Shady Acres.

HOUSTON HEIGHTS REAL ESTATE