Market Conditions

Hot Heights Market

by Rich on May 1, 2013

Hot Heights Market This is the title of the Chronicle’s  Neighborhood section  “Ultimate Heights” last week. A page and and half was devoted to an interview with Heights Realtor, Rich Martin (yours truly) describing the current Heights market. I described how home sales are up 20-25% over last year. More importantly though, the days on [...]

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Woodland Heights Home Sales

by Rich on February 5, 2013

Woodland Heights Home Inventory is Low 4th quarter sales of Woodland Heights homes were only slightly higher than 4th Q of the previous year; 17 homes sold (15 in 4Q ‘11). This does not mean that activity is stagnant…just the opposite..there is just too little inventory to sell! I’ve had several clients wanting a bungalow in Woodland [...]

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Garden Oaks Sales

by Rich on February 1, 2013

4th Quarter Garden Oaks Sales Garden Oaks had 26 home sales in 4th Quarter 2012 compared to 15 in the same quarter of 2011. Neighboring Oak Forest also saw the same big jump. Of these 26 sales 2 were new construction. 4th Q Sales, 2012 Resale Sold Prices New Construction Prices Total Sales New Homes [...]

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Oak Forest Home Sales

by Rich on January 30, 2013

Oak Forest Home Sales are Great! Resale home sales are up, new home sales are up, home prices are up,  inventory is down. It’s the same story everywhere inside the loop and all other areas just outside the loop that I cover. Fourth quarter Oak Forest home sales were 78 sales (October –December, 2012) compared [...]

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Heights Home Sales-Update

by Rich on August 6, 2012

Heights Home Sales Boom Heights home sales are booming. Houston is a hot relocation center now for oil & energy related companies, and the Heights/Inner Loop  is where a lot of them want to be. I would say about 1/3 of my sales this year came from energy people. I don’t know what else is [...]

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Houston Home Sales Up

by Rich on September 22, 2011

Houston Home Sales Up The Chronicle on 09/21/11 reports Houston home sales up 33% in August over August 2010. Here are a couple of quotes from the 09/21/11 Chronicle, reporting Houston Home Sales Up. Now, I’m not a big fan of the Houston Chronicle. However, I do advertise open houses and new construction homes in it….it [...]

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Oak Forest New Construction

by Rich on May 5, 2011

Oak Forest New Construction Homes For Sale There are currently 15 Oak Forest new construction homes for sale on MLS. The least expensive is $425,00 for a 2353 SF house by Rob Ryan Construction. This 3/2.5/2 is located at 2206 Eclipse. The upper end of current Oak Forest New Construction is $664,000 for a 4/3.5/2 [...]

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Houston Heights Homes Sales are Strong

by Rich on June 7, 2010

The Houston Association of Realtors (HAR.com) reported Houston home sales up again for April. Sales were up about 25% over April of last year. Their conclusion was that the increase is due to the effects of the First Time Homebuyer Credit, and seasonal effects (Spring, early summer are always good sales months). I won’t say [...]

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Neighborhood Price Trends for Close in Neighborhoods See Part 1 of Houston Subdivision Price Trends where price trends of Houston Heights homes were covered. Considering buying or selling a Heights home? Check out the previous post. This data was taken from the yearly Houston Chronicle Subdivision price trends supplement which came out 04/11/10. I look forward to [...]

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Houston Heights Price Trends The Houston Chronicle issued it’s yearly Subdivision Price Trends on 04/11/10. I extracted data for areas near the Heights,and surrounding neighborhoods in table below. Don’t look too closely at the price trends if there are very few sales. Woodland Heights for example (where I live) shows a decline in price. What [...]

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