Q1 2019 | Houston Market Update

Q1 | 2019

Houston

Market Update

HOUSTON 2320 River Oaks Boulevard | Offered at $8,250,000

sothebyshomes.com/1239645

Houston A Message from Marilyn Thompson

2 3

Bay Area

5

Bellaire Area

7

Cypress North Area

9 11

Downtown and Central Area

13 15

21 23 25 27 29 31 33 35 37 39

Greater Heights Area Katy Area

17 19

Cypress South Area

Memorial Area Memorial Park / Washington Corridor Area Meyerland Area

Northeast Houston River Oaks Area River Oaks Proper

Spring Branch Area Tanglewood / Galleria Area Tanglewood Proper

The Woodlands and North Area West Houston Area West U / Southside Area

2019 Q1 Houston Market Update | Index

3615 PIPING ROCK LANE

Offered at $5,000,000 sothebyshomes.com/1239610 2223 DEL MONTE DRIVE

Offered at $3,500,000 sothebyshomes.com/1237745 3905 BROWNING STREET

Offered at $2,325,000 sothebyshomes.com/1239531 4921 HOLLY STREET

Offered at $1,895,000 sothebyshomes.com/1239573 *in order from left to right, top to bottom

1 | 2019 Q1 Houston Market Update

a message from

Marilyn Thompson Houston President

At Martha Turner Sotheby’s International Realty, we are continually humbled by the number of Houstonians who trust us to handle their most valuable asset: their home. After closing $2 billion in sales last year, it’s exciting to review first quarter 2019 performance at the neighborhood level.

Reviewing data from the last five years can speak to trends in the different areas across Houston and you are encouraged to explore this report.

As of today, the Houston economy is strong, we are setting a record number of showing appointments and are continuing to expand on our digital marketing capabilities, including social media.

If a neighborhood in the following report speaks to you, please be sure to send me a note. I would welcome the opportunity to meet with you personally should you have any questions or thoughts pertaining to the Houston real estate market. Please enjoy the spring before the heat of the summer is upon us.

HOUSTON BROKERAGE

Marilyn Thompson, Houston President 50 Briar Hollow Lane, Suite 700W | Houston, TX 77027 | 713.558.3274 sothebyshomes.com/houston © MMXVIII Sotheby’s International Realty, Inc. All Rights Reserved. This material is based upon information which we consider reliable but because it has been supplied by third parties, we cannot represent that it is accurate or complete and it should not be relied upon as such. This offering is subject to errors, omissions, changes including price or withdrawal without notice. If your property is listed with a real estate broker, please disregard. It is not our intention to solicit the offerings of other real estate brokers. We are happy to work with them and cooperate fully. Sotheby’s International Realty and the Sotheby’s International Realty logo are registered (or unregistered) service marks used with permission. Operated by Sotheby’s International Realty, Inc. Real estate agents affiliated with Sotheby’s International Realty, Inc. are independent contractor sales associates and are not employees of Sotheby’s International Realty, Inc. Equal housing opportunity.

2019 Q1 Houston Market Update | 2

at a glance Bay Area

Clear Lake Area Friendswood

2

League City Pearland

%

Change in Median Sales Price {2019 vs. 2018}

-3

%

Change in Units Sold {2019 vs. 2018}

12/12/2018

0 of 0

1,131

Matrix

Checked 0

All · None · Page ·

Total Units Sold

BAY AREA 288

264

$

Click any parcel for parcel details.

CENTRAL SOUTHWEST

Criteria

Map

R

Jump to Address

K

Median Sales Price

AREA

35

Street

8

00

3

59 EL LAGO

SHADOW CREEK RANCH

PEARLAND

SEABROOK

WEBSTER

KEMAH

FRIENDSWOOD

45

96 LEAGUE CITY

146

35 288

MANVEL

DICKINSON

6 ALVIN

3

45

6

single family homes | Q1 2019

Bay Area

Avg. List Price

Avg. Sales Price

Sales Price Median vs List Price Sales Price

Total Avg. Days Units Sold on Market

{2019 v 2018}

Change 2019 2018 2017 2016 2015

5%

5%

-

2%

-3%

0%

$305,806

$293,283

96%

$263,960

1,131

74

$292,199

$278,602

95%

$257,949

1,169

74

$294,913

$281,099

95%

$250,000

1,232

71

$277,900

$266,187

96%

$239,950

1,240

55

$267,851

$255,831

96%

$233,000

1,205

63

Average Sales Price | Units Sold

$300,000

1,260 1,240

$290,000

1,220

$280,000

1,200 1,180

$270,000

1,160 $260,000

1,140

$250,000

1,120 1,100

$240,000

1,080

$230,000

1,060

2015

2016

2017

2018

Average Sales Price

Q1 2019

Below $200K $200K - $250K $250K - $350K $350K and Up

2019 Total Units Sold

Units Sold

Units Sold %

Total Sales Volume

Total Sales Volume %

192

17.0%

$32,909,349

9.9%

293

25.9%

$66,710,192

20.1%

440

38.9%

$129,261,614

39.0%

206

18.2%

$102,821,998

31.0%

Q1 2019 Houston Market Update | 4

single family homes | Q1 2019

Bellaire Area

Avg. List Price

Avg. Sales Price

Sales Price Median vs List Price Sales Price

Total Avg. Days Units Sold on Market

{2019 v 2018}

Change 2019 2018 2017 2016 2015

0%

-2%

-

35%

-49%

33%

$863,050

$783,953

91%

$850,000

34

143

$861,540

$797,022

93%

$630,000

67

107

$969,978

$926,250

95%

$880,000

45

172

$965,853

$892,931

92%

$821,750

40

98

$995,471

$955,594

96%

$975,000

49

70

Average Sales Price | Units Sold

$1,200,000

80 70

$1,000,000

60 $800,000

50 40

$600,000

30

$400,000

20 $200,000

10 0

$-

2015

2016

2017

2018

Average Sales Price

Q1 2019

Below $500K $500K - $750K $750K - $1M $1M and Up 5 | Q1 2019 Houston Market Update

2019 Total Units Sold

Units Sold

Units Sold %

Total Sales Volume

Total Sales Volume %

8

23.5%

$3,028,000

11.4%

7

20.6%

$4,534,750

17.0%

11

32.4%

$9,843,915

36.9%

8

23.5%

$9,247,750

34.7%

at a glance Bellaire Area Bellaire Area

35

%

Change in Median Sales Price {2019 vs. 2018}

-49

%

Change in Units Sold {2019 vs. 2018}

34

018

Matrix

Total Units Sold Checked 0

850

All · None · Page ·

Criteria

$

Click any parcel for parcel details.

Map

Results

Jump to Address

K

BELLAIRE

Median Sales Price

GREENWAY/ UPPER KIRBY WOODLAKE/ BRIAR MEADOW

Richmond Ave

AREA

69

59

Street

00 Bissonnet St

To llw ay

WEST UNIVERSITY PLACE

Kirby Dr

We stp ark

GULFTON

BELAIRE

SOUTHSIDE PLACE

Bellaire Blvd

nn

et

St

610

dr en

Stella Link Rd

so

Avenue B

Hillcroft Ave

n Fo

B is

Buffalo Speedway

S Rice Ave

Chimney Rock Rd

Renwick Dr

69

W Holcombe Blvd

Rd

BRAESWOOD PLACE

90 Beechnut St

59

45

610

90

at a glance Cypress North Area

Cypress North

6

Hockley Tomball

%

Change in Median Sales Price {2019 vs. 2018}

15

%

Change in Units Sold {2019 vs. 2018}

597 Total Units Sold

250

$ 12/14/2018

Matrix

K

CYPRESS NORTH

12/14/2018

Matrix

0 of 0

Checked 0

All · None · Page ·

0 of 0

Checked 0

All · None · Page ·

Criteria Median Sales Price Criteria

Map

Results

Map Results Jump to Address Jump to Address

AREA

249

Street

THE WOODLANDS

45 HUFSMITH

TOMBALL

99 SPRING

290 WALLER KLEIN

H a rd

HOCKLEY

Rd y To ll

CHAMPION FOREST

249

CYPRESS

99

290

Parcel Disclaimer Ruler Parcel Disclaimer Legend Ruler

45

WILLOWBROOK

8

single family homes | Q1 2019

Cypress North Area

Avg. List Price

Avg. Sales Price

Sales Price Median vs List Price Sales Price

Total Avg. Days Units Sold on Market

{2019 v 2018}

Change 2019 2018 2017 2016 2015

8%

7%

-

6%

15%

-3%

$309,325

$292,267

94%

$250,000

597

99

$286,280

$271,903

95%

$235,000

521

103

$286,651

$268,965

94%

$233,495

522

96

$287,707

$271,852

94%

$230,000

525

75

$267,683

$257,122

96%

$216,000

413

56

Average Sales Price | Units Sold

$300,000

700

$290,000

600

$280,000

500

$270,000

400

$260,000

300

$250,000

200

$240,000

100

$230,000

0

2015

2016

2017

2018

Average Sales Price

Q1 2019

Below $200K $200K - $300K $300K - $400K $400K and Up

2019 Total Units Sold

Units Sold

Units Sold %

Total Sales Volume

Total Sales Volume %

124

20.8%

$20,862,118

12.0%

275

46.1%

$66,668,654

38.2%

97

16.2%

$33,196,127

19.0%

101

16.9%

$53,756,311

30.8%

Q1 2019 Houston Market Update | 8

single family homes | Q1 2019

Cypress South Area

Avg. List Price

Avg. Sales Price

Sales Price Median vs List Price Sales Price

Total Avg. Days Units Sold on Market

{2019 v 2018}

Change 2019 2018 2017 2016 2015

6%

7%

-

4%

1%

-6%

$270,096

$260,408

96%

$227,750

736

81

$254,208

$243,448

96%

$220,000

732

86

$239,052

$226,808

95%

$204,998

846

81

$225,075

$214,660

95%

$181,000

775

58

$219,290

$211,517

96%

$178,000

659

49

Average Sales Price | Units Sold

$300,000

900 800

$250,000

700

$200,000

600 500

$150,000

400

$100,000

300 200

$50,000

100

$-

0

2015

2016

2017

2018

Average Sales Price

Q1 2019

Below $200K $200K - $300K $300K - $400K $400K and Up 9 | Q1 2019 Houston Market Update

2019 Total Units Sold

Units Sold

Units Sold %

Total Sales Volume

Total Sales Volume %

261

35.5%

$44,228,190

23.1%

292

39.7%

$70,837,151

37.0%

109

14.8%

$37,101,904

19.4%

74

10.1%

$39,493,009

20.6%

at a glance Cypress South Area

Bear Creek South

4

Copperfield Area Cypress South

%

Change in Median Sales Price {2019 vs. 2018}

1

%

Change in Units Sold {2019 vs. 2018}

736 Total Units Sold

228

$ 12/17/2018

K

Matrix

Median Sales Price

0 of 0

Checked 0

All · None · Page ·

Criteria

Map

Results

Jump to Address ROSE HILL

PINE ISLAND

WALLER

99

290

KLEIN

HOCKLEY

CYRESS STATION

KOHRVILLE CHAMPION FOREST

45

249

CYPRESS

WILLOWBROOK

MONAVILLE

8

COPPERFIELD PLACE

JERSEY VILLAGE

99

290

8 PATTISON

Parcel Disclaimer Ruler Legend

ADDICKS

NORTHWEST HOUSTON

610

10

2 mi

Report a map error Map data ©2018 Google

at a glance Downtown and Central Area

East End Revitalized

-15

Medical Center Area Midtown - Houston Montrose Rice / Museum District River Oaks Shopping Area

%

Change in Median Sales Price {2019 vs. 2018}

Upper Kirby

12

%

Change in Units Sold {2019 vs. 2018}

218 Total Units Sold

12/17/2018

0 of 0

Matrix

Checked 0

All · None · Page ·

388

$

Criteria

K

Map

Jump to Address

Click any parcel for parcel details.

Median Sales Price

WASHINGTON AVE/ MEMORIAL PARK RICE MILITARY DOWNTOWN HOUSTON SECOND WARD

RIVER OAKS MONTROSE

UPTOWN

MIDTOWN

EAST DOWNTOWN

GREENWAY/ UPPER KIRBY

GREATER EAST END LAWNDALE/ WAYSIDE HARRISBURG/ MANCHESTER

TEXAS MEDICAL CENTER

BELLAIRE BRAESWOOD PLACE

WEST/SOUTH UNION MEADOWBROOK ALLENDALE

WILLIAM P. HOBBY AIRPORT

Parcel Disclaimer Ruler

Results

single family homes | Q1 2019

Downtown and Central Area

Avg. List Price

Avg. Sales Price

Sales Price Median vs List Price Sales Price

Total Avg. Days Units Sold on Market

{2019 v 2018}

Change 2019 2018 2017 2016 2015

-9%

-9%

-

-15%

12%

2%

$564,444

$532,527

94%

$387,500

218

130

$620,491

$583,721

94%

$454,500

194

127

$568,015

$530,272

93%

$414,000

231

110

$551,232

$513,500

93%

$425,000

178

90

$642,690

$607,188

94%

$484,750

184

99

Average Sales Price | Units Sold

$620,000

250

$600,000 200

$580,000 $560,000

150

$540,000 100

$520,000 $500,000

50

$480,000 $460,000

0

2015

2016

2017

2018

Average Sales Price

Q1 2019

Below $250K $250K - $500K $500K - $750K $750K and Up

2019 Total Units Sold

Units Sold

Units Sold %

Total Sales Volume

Total Sales Volume %

39

17.9%

$6,833,248

5.9%

97

44.5%

$34,206,097

29.5%

46

21.1%

$28,664,370

24.7%

36

16.5%

$46,387,093

40.0%

Q1 2019 Houston Market Update | 12

single family homes | Q1 2019

Greater Heights Area

Avg. List Price

Avg. Sales Price

Sales Price Median vs List Price Sales Price

Total Avg. Days Units Sold on Market

{2019 v 2018}

Change 2019 2018 2017 2016 2015

5%

5%

-

0%

-1%

-8%

$561,989

$537,576

96%

$447,700

386

103

$535,320

$510,163

95%

$449,200

388

112

$480,630

$459,174

96%

$410,500

418

104

$511,236

$481,177

94%

$414,900

343

110

$482,415

$466,732

97%

$420,000

317

65

Average Sales Price | Units Sold

$560,000

450 400

$540,000

350

$520,000

300

$500,000

250

$480,000

200

$460,000

150

$440,000

100

$420,000

50

$400,000

0

2015

2016

2017

2018

Average Sales Price

Q1 2019

Below $400K $400K - $600K $600K - $800K $800K and Up 13 | Q1 2019 Houston Market Update

2019 Total Units Sold

Units Sold

Units Sold %

Total Sales Volume

Total Sales Volume %

151

39.1%

$48,779,539

23.5%

117

30.3%

$56,383,457

27.2%

65

16.8%

$45,763,446

22.1%

53

13.7%

$56,578,030

27.3%

Copyright and credits: Visit Houston

at a glance Greater Heights Area

Heights / Greater Heights

0

Oak Forest East Area Oak Forest West Area Shepherd Park Plaza Area

%

Change in Median Sales Price {2019 vs. 2018}

-1

%

Change in Units Sold {2019 vs. 2018}

386 Total Units Sold

448

$ 12/18/2018

K

Matrix

0 of 0

Checked 0

Criteria

GREATER HEIGHTS Median Sales Price

All · None · Page ·

te

W 43rd St

T C Je st

Ella Blvd

290

N Shepherd Dr

Rd

OAK FOREST/ GARDEN OAKS

Rosslyn Rd

ad

45

Crosstimbers St

er Bl vd W 34th St

610 NM

SPRING BRANCH EAST

ll Rd y To

NORTHSIDE INDEPENDENCE HEIGHTS

ps

AREA

H a rd

Pinemont Dr

m

Results

NORTHLINE

W Tidwell Rd

He

Map Jump to Address

a in

SHADY ACRES

St

W 20th St

Long Point Rd

LAZYBROOK/ TIMBERGROVE

SPRING VALLEY VILLAGE

HILSHIRE VILLAGE

610

NEAR NORTHSIDE W 11th St

10 WASHINGTON AVE/ MEMORIAL PARK

Parcel Disclaimer Ruler

GREATER HEIGHTS

WOODLAND HEIGHTS

10

Street

at a glance Katy Area

Katy - Southeast Katy - Southwest

7

%

Change in Median Sales Price {2019 vs. 2018}

-13

%

Change in Units Sold {2019 vs. 2018}

635 Total Units Sold

12/18/2018

320

$

Matrix

K

Criteria

0 of 0

Checked 0

All · None · Page ·

Map

Results

Jump to Address

KATY AREA

Click any parcel for parcel details.

Median Sales Price

Street

2855

90

10

10

ENERGY CORRIDOR

MASON PARK

1463

GEORGE BUSH PARK/ELDRIDGE CINCO RANCH

99

We stp ark

FULSHEAR

To llw ay

1464 MISSION BEND

1093 359

723

FOUR CORNERS

Parcel Disclaimer Ruler

6

single family homes | Q1 2019

Katy Area

Avg. List Price

Avg. Sales Price

Sales Price Median vs List Price Sales Price

Total Avg. Days Units Sold on Market

{2019 v 2018}

Change 2019 2018 2017 2016 2015

6%

6%

-

7%

-13%

16%

$370,716

$350,169

94%

$320,000

635

123

$350,414

$331,818

95%

$300,000

730

106

$360,604

$338,475

94%

$304,981

676

103

$364,519

$340,102

93%

$317,500

637

80

$375,424

$356,523

95%

$327,000

666

65

Average Sales Price | Units Sold

$360,000

740

$355,000

720

$350,000

700

$345,000

680

$340,000

660

$335,000

640

$330,000

620

$325,000 $320,000

600

$315,000

580

2015

2016

2017

2018

Average Sales Price

Q1 2019

Below $250K $250K - $350K $350K - $450K $450K and Up

2019 Total Units Sold

Units Sold

Units Sold %

Total Sales Volume

Total Sales Volume %

149

23.5%

$31,512,296

14.2%

237

37.3%

$71,150,639

32.0%

126

19.8%

$49,400,312

22.2%

123

19.4%

$70,293,886

31.6%

Q1 2019 Houston Market Update | 16

single family homes | Q1 2019

Memorial Area

Avg. List Price

Avg. Sales Price

Sales Price Median vs List Price Sales Price

Total Avg. Days Units Sold on Market

{2019 v 2018}

Change 2019 2018 2017 2016 2015

16%

19%

-

17%

-19%

16%

$1,211,539

$1,114,524

92%

$772,500

124

147

$1,043,269

$938,709

90%

$657,500

153

127

$1,193,991

$1,082,914

91%

$765,000

144

125

$1,374,359

$1,222,305

89%

$750,000

101

106

$1,240,757

$1,173,684

95%

$855,000

93

60

Average Sales Price | Units Sold

$1,400,000

180 160

$1,200,000

140

$1,000,000

120

$800,000

100

$600,000

80 60

$400,000

40 $200,000

20

$-

0

2015

2016

2017

2018

Average Sales Price

Q1 2019

Below $500K $500K - $1M $1M - $1.5M $1.5M and Up 17 | Q1 2019 Houston Market Update

2019 Total Units Sold

Units Sold

Units Sold %

Total Sales Volume

Total Sales Volume %

23

18.5%

$9,450,850

6.8%

57

46.0%

$40,435,408

29.3%

14

11.3%

$18,247,995

13.2%

30

24.2%

$70,066,740

50.7%

at a glance Memorial Area

Memorial Close In Memorial Villages

17

Memorial West

%

Change in Median Sales Price {2019 vs. 2018}

-19

%

Change in Units Sold {2019 vs. 2018}

124

8

Matrix

Total Units Sold Checked 0

All · None · Page ·

Criteria

773

$

Map Jump to Address

K

MEMORIAL AREA Median Sales Price

NORTHWEST HOUSTON

ADDICKS

SPRING SHADOWS

290

6

610

SPRING BRANCH EAST

SPRING BRANCH WEST

LAZYBROOK/ TIMBERGROVE

ENERGY CORRIDOR

SPRING VALLEY VILLAGE

10

MEMORIAL CITY

MEMORIAL

10

HEDWIG VILLAGE

WASHINGTON AVE/ MEMORIAL PARK

HUNTERS CREEK VILLAGE

8

PINEY POINT VILLAGE

610

BRIARFOREST

RIVER OAKS

UPTOWN

WOODLAKE/ BRIAR MEADOW

6 WESTCHASE

We stp ark

To llw ay

GREENWAY/ UPPER KIRBY

69

WEST UNIVERSITY

Street

Results

at a glance

Memorial Park / Washington Corridor Area Memorial Park

2

Rice Military / Washington Corridor Washington East / Sabine

%

Change in Median Sales Price {2019 vs. 2018}

53

%

Change in Units Sold {2019 vs. 2018}

90 Total Units Sold

440

$

K

MEMORIAL PARK AND RICE MILITARY Median Sales Price

AREA Street

45

Yale St

T C Je ste

WOODLAND HEIGHTS

00

r

59

10 Crockett St

MEMORIAL PARK Was hing ton Ave mo

r ia

lD

Westscott St

Me

r

610

Was hing ton Ave

RICE MILITARY

Allen Pkwy

W Dallas St

DOWNTOWN HOUSTON

ug hD r

Shepherd Dr

Kirby Dr

San Felipe St

HYDE PARK

Wa

RIVER OAKS

MONTORSE

Montrose Blvd

Gray St

45

45

6

single family homes | Q1 2019

Memorial Park / Washington Corridor Area

Avg. List Price

Avg. Sales Price

Sales Price Median vs List Price Sales Price

Total Avg. Days Units Sold on Market

{2019 v 2018}

Change 2019 2018 2017 2016 2015

-15%

-16%

-

2%

53%

10%

$534,016

$504,169

94%

$439,750

90

156

$626,768

$598,675

96%

$432,000

59

143

$525,393

$483,535

92%

$406,000

78

153

$544,094

$507,274

93%

$463,250

77

137

$632,368

$609,821

96%

$455,175

84

93

Average Sales Price | Units Sold

$700,000

100 90

$600,000

80

$500,000

70 60

$400,000

50 $300,000

40 30

$200,000

20

$100,000

10

$-

0

2015

2016

2017

2018

Average Sales Price

Q1 2019

Below $350K $350K - $450K $450K - $550K $550K and Up

2019 Total Units Sold

Units Sold

Units Sold %

Total Sales Volume

Total Sales Volume %

24

26.7%

$7,242,850

16.0%

25

27.8%

$10,305,456

22.7%

18

20.0%

$8,538,950

18.8%

23

25.6%

$19,287,970

42.5%

Q1 2019 Houston Market Update | 20

single family homes | Q1 2019

Meyerland Area

Avg. List Price

Avg. Sales Price

Sales Price Median vs List Price Sales Price

Total Avg. Days Units Sold on Market

{2019 v 2018}

Change 2019 2018 2017 2016 2015

17%

17%

-

9%

-42%

123%

$499,094

$453,242

91%

$348,623

84

189

$427,752

$388,416

91%

$319,000

146

85

$498,874

$465,461

93%

$375,000

107

116

$478,905

$447,158

93%

$371,000

107

97

$553,665

$523,214

95%

$432,500

77

45

Average Sales Price | Units Sold

$600,000

160 140

$500,000

120 $400,000

100 80

$300,000

60

$200,000

40 $100,000

20 0

$-

2015

2016

2017

2018

Average Sales Price

Q1 2019

Below $300K $300K - $400K $400K - $500K $500K and Up 21 | Q1 2019 Houston Market Update

2019 Total Units Sold

Units Sold

Units Sold %

Total Sales Volume

Total Sales Volume %

33

39.3%

$8,675,700

22.8%

22

26.2%

$7,766,096

20.4%

10

11.9%

$4,599,400

12.1%

19

22.6%

$17,031,140

44.7%

at a glance Meyerland Area Braeswood Place Meyerland Area

9

Willow Meadows Area

%

Change in Median Sales Price {2019 vs. 2018}

-42

%

Change in Units Sold {2019 vs. 2018}

84 Total Units Sold

349

12/18/2018

0 of 0

Checked 0

All · None · Page ·

Matrix

$

K

Criteria

Map

Results

Jump to Address

MEYERLAND AREA Median Sales Price

Street Chimney Rock Rd

Fannin St

Kirby Dr

Brae sw

Holly Hall St

610

vd oo d Bl

S Po st

Fondren Rd

WILLOW MEADOWS/ WILLOWBEND AREA

SOUTH MAIN

O ak Rd

Willowbend Blvd

Creekbend Dr

Rd

90

Beechnut St

BRAEBURN

eda

et

A lm

nn

BRAESWOOD PLACE

S Rice Ave

so

AREA

W Holcombe Blvd

610

St

Hillcroft Ave

B ia

SOUTHSIDE PLACE

BELLAIRE

Bellaire Blvd

69

H o lm

es R

d

WESTBURY Reed Rd W Bellfort Ave S

W

illo

w

Dr

SOUTHWEST HOUSTON

90

288

at a glance Northeast Houston

Atascocita South

6

Fall Creek Area Kingwood East

%

Kingwood NW / Oakhurst Kingwood South Kingwood West

Change in Median Sales Price {2019 vs. 2018}

Porter / New Caney West

10

Summerwood / Lakeshore

%

Change in Units Sold {2019 vs. 2018}

12/19/2018

Matrix

711 Total Units Sold

0 of 0

Checked 0

All · None · Page ·

250

$

12/19/2018

Matrix Matrix

0 of 0

Checked 0

0 of 0

Checked 0

All · None · Page ·

All · None · Page ·

Jum

K

NORTHEAST HOUSTON

12/19/2018

Criteria

Criteria

Map

Results

Median Sales Price Jump to Address Criteria Map Results Jump to Address

EGYPT PATTON VILLAGE SHENANDOAH

WOODBRANCH

THE WOODLANDS

NEW CANEY

PORTER HEIGHTS

45

321

RAYFORD TOMBALL

PORTER

99

WILLOW AVONAK

TIMBERLANE ACRES

SPRING KINGWOOD

EASTGATE

KLEIN

DAYTON CYPRESS STATION

H a rd

69

249

HARMASTON

45

WILLOWBROOK

8

90 ALDINE

SUMMERWOOD

290

DYERSDALE

JERSEY VILLAGE Parcel Disclaimer Ruler Parcel Disclaimer Legend Ruler

STILSON

ATASCOCITA

HUMBLE

ll Rd y To

CHAMPION FOREST

HUFFMAN

MT HOUSTON

8

CROSBY BARRETT

146

single family homes | Q1 2019

Northeast Houston

Avg. List Price

Avg. Sales Price

Sales Price Median vs List Price Sales Price

Total Avg. Days Units Sold on Market

{2019 v 2018}

Change 2019 2018 2017 2016 2015

1%

3%

-

6%

10%

6%

$284,642

$271,643

95%

$250,000

711

100

$280,640

$263,370

94%

$236,800

646

94

$268,221

$255,974

95%

$230,000

641

86

$273,641

$257,533

94%

$227,500

677

74

$261,173

$249,926

96%

$220,000

647

59

Average Sales Price | Units Sold

$275,000

720

$270,000

700

$265,000 680

$260,000

660

$255,000 $250,000

640

$245,000 620

$240,000 $235,000

600

2015

2016

2017

2018

Average Sales Price

Q1 2019

Below $200K $200K - $250K $250K - $300K $300K and Up

2019 Total Units Sold

Units Sold

Units Sold %

Total Sales Volume

Total Sales Volume %

153

21.5%

$25,643,172

13.3%

206

29.0%

$46,408,367

24.0%

153

21.5%

$42,052,619

21.8%

199

28.0%

$79,034,365

40.9%

Q1 2019 Houston Market Update | 24

single family homes | Q1 2019

River Oaks Area

Avg. List Price

Avg. Sales Price

Sales Price Median vs List Price Sales Price

Total Avg. Days Units Sold on Market

{2019 v 2018}

Change 2019 2018 2017 2016 2015

0%

4%

-

-15%

-9%

-17%

$2,400,238

$2,220,562

93%

$1,527,000

21

146

$2,405,774

$2,132,229

89%

$1,800,000

23

176

$1,853,881

$1,707,580

92%

$1,337,500

32

104

$2,083,950

$1,770,827

85%

$1,069,700

22

165

$2,304,186

$2,005,840

87%

$1,550,000

21

133

Average Sales Price | Units Sold

$2,500,000

35 30

$2,000,000

25 $1,500,000

20

$1,000,000

15 10

$500,000

5

$-

0

2015

2016

2017

2018

Average Sales Price

Q1 2019

Below $1M $1M - $1.5M $1.5M - $2.5M $2.5M and Up 25 | Q1 2019 Houston Market Update

2019 Total Units Sold

Units Sold

Units Sold %

Total Sales Volume

Total Sales Volume %

5

23.8%

$4,138,000

8.9%

5

23.8%

$6,057,300

13.0%

6

28.6%

$11,876,500

25.5%

5

23.8%

$24,560,000

52.7%

at a glance River Oaks Area Briar Hollow Greenway Plaza

-15

Highland Village / Midlane

%

River Oaks Area Royden Oaks / Afton Oaks

Change in Median Sales Price {2019 vs. 2018}

-9

%

Change in Units Sold {2019 vs. 2018}

21 Total Units Sold

1.5

$ 12/19/2018

M

Matrix

0 of 0

Checked 0

Criteria

RIVER OAKS AREA

All · None · Page ·

Click any parcel for parcel details.

Map

Results

Jump to Address

Median Sales Price

AREA Memorial Dr

Allen Pkwy

Street

S Post Oak Ln

W Dallas St

Gray St

Wa r

Shepherd Dr

hD

HYDE PARK Dunlavy St

River Oaks Blvd

MONTROSE Kirby Dr

Buffalo Speedway

Westheimer Rd

Weslayan St

Sage Rd

W Alabama St

AFTON OAKS

69

Parcel Disclaimer

Willowick Rd

Post Oak Blvd

UPTOWN

San Felipe St

610

ug

RIVER OAKS

GREENWAY/ UPPER KIRBY

Richmond Ave

59

69 59

BOULEVARD OAKS

at a glance River Oaks Proper

River Oaks

52

%

Change in Median Sales Price {2019 vs. 2018}

-20

%

Change in Units Sold {2019 vs. 2018}

8 Total Units Sold

12/19/2018

Matrix

3.5

$

M

Criteria

0 of 0

Checked 0

RIVER OAKS AREA

All · None · Page ·

Median Sales Price

Click any parcel for parcel details.

Map

Results

Jump to Address

AREA Memorial Dr

Allen Pkwy

Street

S Post Oak Ln

W Dallas St

Gray St

Wa r

Shepherd Dr

hD

HYDE PARK Dunlavy St

River Oaks Blvd

MONTROSE Kirby Dr

Westheimer Rd

Weslayan St

Sage Rd

W Alabama St

AFTON OAKS

69

Parcel Disclaimer

Buffalo Speedway

610

Willowick Rd

Post Oak Blvd

UPTOWN

San Felipe St

ug

RIVER OAKS

GREENWAY/ UPPER KIRBY

Richmond Ave

59

69 59

BOULEVARD OAKS

single family homes | Q1 2019

River Oaks Proper

Avg. List Price

Avg. Sales Price

Sales Price Median vs List Price Sales Price

Total Avg. Days Units Sold on Market

{2019 v 2018}

Change 2019 2018 2017 2016 2015

20%

28%

-

52%

-20%

-8%

$4,053,000

$3,806,563

94%

$3,480,000

8

149

$3,380,400

$2,975,000

88%

$2,295,000

10

163

$2,997,490

$2,843,388

95%

$1,887,500

10

122

$4,887,400

$4,078,450

83%

$3,830,000

5

319

$3,210,417

$2,716,375

85%

$2,427,500

12

121

$4,500,000

Average Sales Price | Units Sold

14

$4,000,000

12

$3,500,000

10

$3,000,000 $2,500,000

8

$2,000,000

6

$1,500,000

4

$1,000,000 2

$500,000 $-

0

2015

2016

2017

2018

Average Sales Price

Q1 2019

Below $2M $2M - $2.5M $2.5M - $3.5M $3.5M and Up

2019 Total Units Sold

Units Sold

Units Sold %

Total Sales Volume

Total Sales Volume %

1

12.5%

$1,700,000

5.6%

2

25.0%

$4,192,500

13.8%

1

12.5%

$2,800,000

9.2%

4

50.0%

$21,760,000

71.5%

Q1 2019 Houston Market Update | 28

single family homes | Q1 2019

Spring Branch Area

Avg. List Price

Avg. Sales Price

Sales Price Median vs List Price Sales Price

Total Avg. Days Units Sold on Market

{2019 v 2018}

Change 2019 2018 2017 2016 2015

-8%

-8%

-

-4%

15%

-24%

$400,788

$376,120

94%

$325,000

229

113

$433,416

$409,545

94%

$338,790

199

148

$393,509

$372,539

95%

$326,000

232

116

$579,734

$379,019

65%

$327,000

182

82

$350,023

$338,494

97%

$309,000

147

42

Average Sales Price | Units Sold

$450,000

250

$400,000 200

$350,000 $300,000

150

$250,000 $200,000

100

$150,000 $100,000

50

$50,000 $-

0

2015

2016

2017

2018

Average Sales Price

Q1 2019

Below $300K $300K - $400K $400K - $500K $500K and Up 29 | Q1 2019 Houston Market Update

2019 Total Units Sold

Units Sold

Units Sold %

Total Sales Volume

Total Sales Volume %

89

38.9%

$21,116,740

24.5%

74

32.3%

$25,304,012

29.4%

33

14.4%

$14,697,742

17.1%

33

14.4%

$25,013,036

29.0%

at a glance Spring Branch Area

Spring Branch

-4

%

Change in Median Sales Price {2019 vs. 2018}

15

%

Change in Units Sold {2019 vs. 2018}

229 Total Units Sold Matrix

12/20/2018

0 of 0

Checked 0

325

All · None · Page ·

$

Criteria

Map

Results

Jump to Address

K

SPRING BRANCH AREA Median Sales Price

AREA

6

Street

ACRES HOMES

8

261

45

GREATER INWOOD FAIRBANKS/ NORTHWEST CROSSING NORTHSIDE

290

OAK FOREST/ GARDEN OAKS NORTHWEST HOUSTON

ADDICKS

SPRING SHADOWS

610 SPRING BRANCH WEST

SPRING BRANCH EAST

6 ENERGY CORRIDOR

10 MEMORIAL

SPRING VALLEY VILLAGE

GREATER HEIGHTS LAZYBROOK/ TIMBERGROOVE

MEMORIAL CITY

8

HEDWIG VILLAGE HUNTERS CREEK VILLAGE

WASHINGTON 10 AVE./ MEMORIAL PARK

610

RICE MILITARY

at a glance Tanglewood / Galleria Area Briargrove

16

Charnwood / Briarbend Galleria

%

Tanglewood Area

Change in Median Sales Price {2019 vs. 2018}

-2

%

Change in Units Sold {2019 vs. 2018}

48 Total Units Sold 12/20/2018

0 of 0

825

Matrix

Checked 0

$

All · None · Page ·

Criteria

Click any parcel for parcel details.

K

Map

Results

Jump to Address

TANGLEWOOD AREA

Median Sales Price

10

Memorial Dr

Hedwig Rd

BUNKER HILL VILLAGE

RICE MILITARY M em

Memorial Dr

o ri al

Dr

610

UPTOWN

S Piney Point Rd

Richmond Ave

Weslayan St

AFTON OAKS

W Alabama St

GREENWAY/ UPPER KIRBY

69 Wes tpa rk Dr

We stp ark

To llw ay

69

B is

so

nn

et

St

WEST UNIVERSITY PLACE

Kirby Dr

RIVER OAKS

Sage Rd

Westheimer Rd

Chimney Rock Rd

San Felipe St

Briar Forest Dr

WOODLAKE/ BRIAR MEADOW

S Post Oak Ln

Bering Dr

Blalock Rd

Voss Rd

PINEY POINT VILLAGE

Street

HUNTERS CREEK VILLAGE

Woodway Dr

Memorial Dr

AREA

WASHINGTON AVE./ MEMORIAL PARK Piney Point Rd

Gessner Rd

Bunker Hill Road

HEDWIG VILLAGE

single family homes | Q1 2019

Tanglewood / Galleria Area

Avg. List Price

Avg. Sales Price

Sales Price Median vs List Price Sales Price

Total Avg. Days Units Sold on Market

{2019 v 2018}

Change 2019 2018 2017 2016 2015

32%

29%

-

16%

-2%

-22%

$1,291,773

$1,157,288

90%

$825,000

48

165

$976,220

$895,114

92%

$710,000

49

210

$1,211,527

$1,103,446

91%

$899,450

56

195

$1,449,204

$1,294,445

89%

$862,500

47

130

$1,090,680

$1,035,887

95%

$860,000

47

81

$1,400,000

Average Sales Price | Units Sold

58 56

$1,200,000

54

$1,000,000

52

$800,000

50 $600,000

48

$400,000

46

$200,000

44 42

$-

2015

2016

2017

2018

Average Sales Price

Q1 2019

Below $500K $500K - $1M $1M - $1.5M $1.5M and Up

2019 Total Units Sold

Units Sold

Units Sold %

Total Sales Volume

Total Sales Volume %

6

12.5%

$2,446,670

4.4%

21

43.8%

$15,174,597

27.3%

11

22.9%

$13,677,544

24.6%

10

20.8%

$24,251,000

43.7%

Q1 2019 Houston Market Update | 32

single family homes | Q1 2019

Tanglewood Proper

Avg. List Price

Avg. Sales Price

Sales Price Median vs List Price Sales Price

Total Avg. Days Units Sold on Market

{2019 v 2018}

Change 2019 2018 2017 2016 2015

33%

26%

-

10%

67%

-59%

$3,251,200

$2,808,000

86%

$2,455,000

5

218

$2,440,000

$2,231,733

91%

$2,230,000

3

532

$3,106,125

$2,756,875

89%

$2,615,000

8

352

$2,810,889

$2,431,078

86%

$2,100,000

9

125

$2,323,000

$2,107,626

91%

$1,395,000

5

82

Average Sales Price | Units Sold

$3,000,000

10 9

$2,500,000

8 7

$2,000,000

6

$1,500,000

5 4

$1,000,000

3 2

$500,000

1 $-

0

2015

2016

2017

2018

Average Sales Price

2019 Total Units Sold

Q1 2019

Units Sold

Units Sold %

Total Sales Volume

Below $2M $2M - $2.5M $2.5M - $3M $3M and Up

-

0.0%

$0

0.0%

3

60.0%

$6,660,000

47.4%

-

0.0%

$0

0.0%

2

40.0%

$7,380,000

52.6%

33 | Q1 2019 Houston Market Update

Total Sales Volume %

at a glance Tanglewood Proper Tanglewood

10

%

Change in Median Sales Price {2019 vs. 2018}

67

%

Change in Units Sold {2019 vs. 2018}

5 Total Units Sold

2.5

$ 12/20/2018

M

Matrix

0 of 0

Checked 0

Criteria

TANGLEWOOD PROPER AREA All · None · Page ·

Median Sales Price

Map

Results

Jump to Address

Beinhorn Rd Street

HUNTER CREEK VILLAGE

or

ia

lD

r

Voss Rd

Hedwig Rd

THE VILLIAGES

M

em

Piney Point Rd

MEMORIAL PARK

Woodway Dr Greenbay St

PINEY POINT VILLAGE

gl ew oo d Rd

S Post Oak Ln

Sage Rd

n Ta

Bering Dr

Fountain View Dr

Chimney Rock Rd

610

Post Oak Blvd

Willowick Rd

San Felipe St

at a glance The Woodlands and North Area Champions Area

3

Lake Conroe Area Magnolia / 1488 East

%

Magnolia / 1488 West Spring Northeast Spring/Klein

Change in Median Sales Price {2019 vs. 2018}

The Woodlands

6

%

Change in Units Sold {2019 vs. 2018}

1,829 Total Units Sold

263

$ 12/20/2018

0 of 0

Matrix

K

WOODLANDS AREA

Checked 0

Criteria

Map

Median Sales Price Jump to Address

All · None · Page ·

Results

Click any parcel for parcel details.

ROANS PRAIRIE

90

6

NEW WAVERLY

RICHARDS

150

AREA

59

150

WAVERLY

APOLONIA ANDERSON

MILLICAN

GOODRICH

COLDSPRING

75

Street

SHEBHERD

45 WILLIS HIGHTOWER

MONTGOMERY

NAVASOTA

105

BOBVILLE

CLEVELAND

PLANTERSVILLE

TODD MISSION

PINEHURST FIELDS STORE

249

HEMPSTEAD

BUCKHORN

159

WALLER

290

99

242 THE WOODLANDS

HUFSMITH

99

PATTON VILLAGE

321

NEW CANEY PORTER

SPRING

EASTGATE HUFFMAN

HOCKLEY

45 CYPRESS

Parcel Disclaimer Ruler Legend

SPLENDORA

TOMBALL

PRAIRIE VIEW PINE ISLAND

69

GRANGERLAND EGYPT

MAGNOLIA

6

105

CONROE

WHITEHALL

HUMBLE

ATASCOCITA

single family homes | Q1 2019

The Woodlands and North Area

Avg. List Price

Avg. Sales Price

Sales Price Median vs List Price Sales Price

Total Avg. Days Units Sold on Market

{2019 v 2018}

Change 2019 2018 2017 2016 2015

4%

4%

-

3%

6%

-6%

$346,140

$324,880

94%

$263,370

1,829

115

$332,913

$312,792

94%

$255,000

1,728

122

$346,752

$321,605

93%

$245,000

1,670

112

$333,613

$307,238

92%

$238,625

1,592

99

$329,588

$311,145

94%

$242,000

1,586

82

Average Sales Price | Units Sold

$330,000

1,850 1,800

$325,000

1,750

$320,000

1,700

$315,000

1,650 $310,000

1,600

$305,000

1,550

$300,000

1,500

$295,000

1,450

2015

2016

2017

2018

Average Sales Price

Q1 2019

Below $200K $200K - $300K $300K - $400K $400K and Up

2019 Total Units Sold

Units Sold

Units Sold %

Total Sales Volume

Total Sales Volume %

423

23.1%

$70,359,549

11.8%

710

38.8%

$175,562,680

29.5%

336

18.4%

$116,471,050

19.6%

360

19.7%

$231,812,477

39.0%

Q1 2019 Houston Market Update | 36

single family homes | Q1 2019

West Houston Area

Avg. List Price

Avg. Sales Price

Sales Price Median vs List Price Sales Price

Total Avg. Days Units Sold on Market

{2019 v 2018}

Change 2019 2018 2017 2016 2015

6%

8%

-

10%

-18%

32%

$401,559

$377,936

94%

$345,000

113

124

$378,166

$349,255

92%

$313,000

137

93

$444,872

$419,411

94%

$366,800

124

105

$387,577

$367,842

95%

$329,500

112

67

$469,728

$454,861

97%

$339,500

98

41

Average Sales Price | Units Sold

$500,000

160

$450,000

140

$400,000

120

$350,000 $300,000

100

$250,000

80

$200,000

60

$150,000

40

$100,000

20

$50,000

0

$-

2015

2016

2017

2018

Average Sales Price

Q1 2019

Below $250K $250K - $350K $350K - $450K $450K and Up 37 | Q1 2019 Houston Market Update

2019 Total Units Sold

Units Sold

Units Sold %

Total Sales Volume

Total Sales Volume %

18

15.9%

$3,734,600

8.7%

39

34.5%

$11,524,707

27.0%

36

31.9%

$14,300,115

33.5%

20

17.7%

$13,147,377

30.8%

at a glance West Houston Area

Briargrove Park / Walnut Bend

10

Energy Corridor Westchase Area

%

Change in Median Sales Price {2019 vs. 2018}

-18

%

Change in Units Sold {2019 vs. 2018}

113 Total Units Sold

0 of 0

345

$

12/20/2018

Checked 0

All · None · Page ·

Click any parcel for parcel details.

K

Matrix

Criteria

Map

Results

Jump to Address

WEST HOUSTON AREA Median Sales Price

10

MEMORIAL CITY Wilcrrest Dr

8

Dairy Ashford Rd

Eldridge Pkwy

6

BUNKER HILL VILLAGE

PINEY POINT VILLAGE

Briar Forest Dr Memorial Dr

BRIAR FOREST

1093

Westheimer Rd

Westheimer Rd

Me ado wg Synott Rd

Parcel Disclaimer Ruler Legend

len Ln

Richmond Ave

Westp ark Dr

6

Street

Hedwig Rd

Memorial Dr

AREA HEDWIG VILLAGE

Piney Point Rd

Gessner Rd

Kirkwood Rd

MEMORIAL

10

Bunker Hill Rd

ENERGY CORRIDOR

WESTCHASE

8

Harwin Dr

at a glance West U / Southside Area

West University / Southside Area

-8

%

Change in Median Sales Price {2019 vs. 2018}

30

%

Change in Units Sold {2019 vs. 2018}

52 Total Units Sold

12/20/2018

Matrix

1.2

$

M

Criteria

0 of 0

Checked 0

All · None · Page ·

Map

Results

Jump to Address

WEST U / SOUTHSIDE

Median Sales Price

Click any parcel for parcel details.

Sage Rd

AREA

610

Richmond Ave

GREENWAY/ UPPER KIRBY

59

Street

59

69 BELLAIRE JUNCTION

69

We stp ark

BOULEVARD OAKS

Dr

Bissonet St

SOUTHAMPTON

ne

tS

WEST UNIVERSITY PLACE

t

610

SOUTHSIDE PLACE

Kirby Dr

Buffalo Speedway

BELLAIRE

Su

nse

tB

lvd

University Blvd

Newcasle Dr

S Rice Ave Bellaire Blvd

on

Weslayan St

s B is

Fournace Pl

UNIVERSITY PLACE

W Holcombe Blvd

SOUTHGATE

TEXAS MEDICAL CENTER

single family homes | Q1 2019

West U / Southside Area

Avg. List Price

Avg. Sales Price

Sales Price Median vs List Price Sales Price

Total Avg. Days Units Sold on Market

{2019 v 2018}

Change 2019 2018 2017 2016 2015

-11%

-12%

-

-8%

30%

-15%

$1,365,740

$1,280,713

94%

$1,190,000

52

92

$1,535,888

$1,454,450

95%

$1,295,500

40

108

$1,355,424

$1,288,655

95%

$1,150,000

59

114

$1,309,880

$1,241,965

95%

$1,192,000

38

103

$1,457,302

$1,389,798

95%

$1,345,000

43

52

$1,500,000

Average Sales Price | Units Sold

70

$1,450,000

60

$1,400,000

50

$1,350,000

40

$1,300,000 30

$1,250,000

20

$1,200,000 $1,150,000

10

$1,100,000

0

2015

2016

2017

2018

Average Sales Price

2019 Total Units Sold

Q1 2019

Units Sold

Units Sold %

Total Sales Volume

Total Sales Volume %

Below $1M $1M - $1.5M $1.5M - $2M $2M and Up

20

38.5%

$15,030,200

22.6%

18

34.6%

$22,332,385

33.5%

6

11.5%

$10,806,000

16.2%

8

15.4%

$18,428,500

27.7%

Q1 2019 Houston Market Update | 40

UNRIVALED

GLOBAL PERFORMANCE

$112 BILLION ANOTHER RECORD YEAR IN ANNUAL GLOBAL SALES IN 2018

990 22,500 72 OFFICES

AGENTS

COUNTRIES

1 3 OUT OF

OFFICES IS OUTSIDE OF THE UNITED STATES

31 MILLION VISITS TO SOTHEBYSREALTY.COM 13% INCREASE YEAR OVER YEAR

180,000 YOUTUBE SUBSCRIBERS SILVER CREATOR AWARD WINNER

Featured Property:

CARNARVONHOUSTON.COM | HOUSTON, TX Sotheby’s International Realty and the Sotheby’s International Realty logo are registered (or unregistered) service marks used with permission. Operated by Sotheby’s International Realty, Inc. Real estate agents affiliated with Sotheby’s International Realty, Inc. are independent contractor sales associates and are not employees of Sotheby’s International Realty, Inc.