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Heights Home Prices - Rich Martin Homes : Rich Martin Homes

Heights Home Prices

Filed in Heights Price Trends by on April 23, 2013

 

Heights Home Prices

The table below was excerpted from the yearly Chronicle report on Neighborhood Price trends. It shows Heights home prices. My previous post covered prices on these other neighborhoods: Oak Forest, Garden Oaks, Lindale Park, Shady Acres, Cottage Grove, Shepherd Park Plaza, Mangum Manor, Timbergrove Manor & Lazybrook.

Heights Homes

The Heights is a complicated neighborhood. It has a lot of individual subdivisions within it. Some of the major ones are shown below.

The interview I did with the Chronicle is in today’s Chron.com. Hot Heights Market.  More information on these neighborhoods can be found on my Area Pages, or the individual links in the table.

Subdivision

Typical Price Range

Price
per SF
2011

Price
per SF
2012

% Change

Homes Sold 2012

Total in Subdiv.

%
New Sold

Houston Heights

$230-730K

$201

$219

+8.9%

256

3769

18%

Houston Hts Annex

$150-420K

$137

$157

+15.1%

50

498

21%

Stude

$179-850K

$214

$232

+8.3%

30

502

10%

Norhill

$300-800K

$235

$262

+13.1%

20

342

5%

East Norhill

$270-430K

$238

$259

+8.8%

21

259

0%

North Norhill

$210-400K

$241

$247

+2.2%

31

533

2%

Sunset Heights

$120-450K

$177

$187

+5.0%

73

981

10%

Brooke Smith *

$88-315K

$170

$154

-9.2%*

33

783

5%

Woodland Heights **

$280-740K

$225

$252

+12.0%

23

451

0%

Woodland Hts Annex **

$300-450K

$242

252

+4.0%

11

123

6%

Woodland Terrace **

$270-460K

$192

$251

+30.5%

11

198

6%

Woodson Place **

$290-810K

$237

$244

+3.1%

12

190

19%

Woodland Heights Map

Map of Woodland Heights showing the multitude of subdivisions.

I’m not going to discuss the data above. It is mostly self-explanatory. You might read my previous post for some notes. There are two areas worth noting though.

  • * Brooke Smith (an area in the NE corner of the Heights) per the Chronicle data above shows a decline in value. I don’t know where the discrepancy is, but it not declining. In fact the prices are up. The avg $/SF was $151/SF in 2012 compared to $148/SF in 2011. That doesn’t begin to tell the story though. Tear-down properties sold for ~$80K a year ago and now sell for ~$120-125K, if you can find them. A beautiful 1900 Victorian was remodeled by agents in my office and sold within days for close to asking price of $475K ($265/SF). The numbers this year are way up!
  • ** Woodland Heights is a premier area of the Heights. No explanation is needed except that most of Woodland Heights proper is now a historic district, and the other 3 areas of Woodland Heights Annex, Woodland Terrace and Woodson Place aren’t really treated as separate areas. They are all lumped together as part of Woodland Heights. So, treat the last 4 neighborhoods as one area. (I told you the Heights was confusing.)

The Chronicle has the full listing of 1000’s of Houston neighborhoods. The table above will save your eye sight though if you are just looking for Heights home prices..

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