After two years in a truly unprecedented seller’s market, the Houston housing market has finally started balancing.
As the general housing market slowly begins to shift, I thought now was a good time to give an update on where the Houston Heights housing market stands.
For over 20 years, I’ve been tracking stats for the Houston Heights housing market (using data from HAR.com) and last year was the best year in Heights real estate by far. The number of single-family homes sold last year shattered the previous record set in 2018 (845 homes vs. 720 homes) and the average price per square foot topped the previous record set in 2020 (356 vs. 334). In 2022 through July 15, home sales are slightly lower than through the same period in 2021 (410 homes compared to 460 homes), but the average sales price continues to increase (392.37/sq. ft. vs. 350.60/sq. ft.).
For my full analysis of the state of the Heights housing market, go to cynthiamullins.com.
Buying or selling a home? Give me a call at 713.829.3052 or email me at cynthia@cynthiamullins.com.
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