Q2 2019 | Houston Market Update

Q2 | 2019

Houston

Market Update

Cypress 18455 Cypress Rosehill Road | Offered at $3,499,000

sothebyshomes.com/1400298

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 Q2 Houston Market Update | Index

3030 POST OAK BOULEVARD UNIT#402/414

Offered at $2,500,000 sothebyshomes.com/12310331 2715 SILVERHORN DRIVE

Offered at $1,850,000 sothebyshomes.com/1241906 3905 BROWNING STREET

Offered at $2,199,000 sothebyshomes.com/1239531 3010 W NASA ROAD

Offered at $799,000 sothebyshomes.com/1271256 *in order from left to right, top to bottom

1 | 2019 Q2 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 second 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.

HOUSTON BROKERAGE

Marilyn Thompson, Houston President 50 Briar Hollow Lane, Suite 700W | Houston, TX 77027 | 713.558.3274 sothebyshomes.com/houston © MMXIX 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 Q2 Houston Market Update | 2

at a glance Bay Area

Clear Lake Area Friendswood

4

League City Pearland

%

Change in Median Sales Price {2019 vs. 2018}

-8

%

Change in Units Sold {2019 vs. 2018}

12/12/2018

0 of 0

1,686

Matrix

Checked 0

All · None · Page ·

Total Units Sold

BAY AREA CENTRAL SOUTHWEST

288

274

K

$

Click any parcel for parcel details.

Criteria

Map

R

Jump to Address

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 | Q2 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

3%

4%

-

4%

-8%

9%

$315,240

$304,388

97%

$274,400

1,686

63

$304,697

$293,214

96%

$265,000

1,842

58

$297,452

$283,026

95%

$255,000

1,778

50

$301,920

$276,649

92%

$248,000

1,867

51

$270,738

$261,890

97%

$232,725

1,758

48

$310,000

Average Sales Price | Units Sold

1,900

$305,000

1,850

$300,000

1,800

$295,000 $290,000

1,750

$285,000 $280,000

1,700

$275,000

1,650

$270,000

1,600

$265,000 $260,000

1,550

2016

2017

2018

Average Sales Price

Q2 2019

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

2019 Total Units Sold

Units Sold

Units Sold %

Total Sales Volume

Total Sales Volume %

231

13.7%

$39,952,240

7.8%

419

24.9%

$96,256,242

18.8%

632

37.5%

$185,785,912

36.2%

404

24.0%

$191,204,290

37.3%

Q2 2019 Houston Market Update | 4

single family homes | Q2 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

-7%

-8%

-

-12%

22%

36%

$953,241

$870,432

91%

$816,000

82

142

$1,023,663

$941,329

92%

$930,000

67

104

$1,079,566

$1,025,661

95%

$1,003,500

76

93

$1,108,250

$1,026,172

93%

$1,000,000

79

87

$1,063,209

$1,026,547

97%

$935,000

79

54

Average Sales Price | Units Sold

$1,050,000

90 80

$1,000,000

70

$950,000

60 50

$900,000

40

$850,000

30 20

$800,000

10

$750,000

0

2016

2017

2018

Average Sales Price

Q2 2019

Below $500K $500K - $750K $750K - $1M $1M and Up 5 | Q2 2019 Houston Market Update

2019 Total Units Sold

Units Sold

Units Sold %

Total Sales Volume

Total Sales Volume %

19

23.2%

$7,703,900

10.8%

14

17.1%

$9,097,000

12.7%

24

29.3%

$20,672,100

29.0%

25

30.5%

$33,902,400

47.5%

at a glance Bellaire Area Bellaire Area

-12

%

Change in Median Sales Price {2019 vs. 2018}

22

%

Change in Units Sold {2019 vs. 2018}

82

018

Matrix

Total Units Sold Checked 0

816

All · None · Page ·

Criteria

K

$

Click any parcel for parcel details.

Map

Results

Jump to Address

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}

0

%

Change in Units Sold {2019 vs. 2018}

883 Total Units Sold

261

K

$ 12/14/2018

Matrix

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 | Q2 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

5%

6%

-

6%

0%

-17%

$315,510

$302,558

96%

$261,000

883

78

$299,817

$286,416

96%

$246,800

885

94

$301,466

$277,150

92%

$235,000

840

75

$279,703

$266,330

95%

$227,325

786

69

$276,455

$266,316

96%

$235,000

716

49

$310,000

Average Sales Price | Units Sold

900 880

$300,000

860

$290,000

840

$280,000

820

$270,000

800 780

$260,000

760 $250,000

740

$240,000

720

2016

2017

2018

Average Sales Price

Q2 2019

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

2019 Total Units Sold

Units Sold

Units Sold %

Total Sales Volume

Total Sales Volume %

160

18.1%

$27,342,005

10.2%

402

45.5%

$98,617,515

36.9%

168

19.0%

$57,726,607

21.6%

153

17.3%

$83,472,327

31.2%

Q2 2019 Houston Market Update | 8

single family homes | Q2 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

3%

5%

-

6%

-5%

-35%

$275,609

$266,485

97%

$237,788

1,111

59

$266,564

$253,717

95%

$224,000

1,168

90

$245,477

$233,999

95%

$204,995

1,178

61

$245,308

$232,200

95%

$200,000

1,029

63

$229,852

$221,256

96%

$185,000

1,008

43

Average Sales Price | Units Sold

$270,000

1,200

$260,000

1,150

$250,000 1,100 $240,000 1,050 $230,000 1,000

$220,000 $210,000

950

2016

2017

2018

Average Sales Price

Q2 2019

Below $200K $200K - $300K $300K - $400K $400K and Up 9 | Q2 2019 Houston Market Update

2019 Total Units Sold

Units Sold

Units Sold %

Total Sales Volume

Total Sales Volume %

354

31.9%

$61,350,813

20.7%

463

41.7%

$113,873,985

38.5%

182

16.4%

$62,602,109

21.1%

112

10.1%

$58,237,667

19.7%

at a glance Cypress South Area

Bear Creek South

6

Copperfield Area Cypress South

%

Change in Median Sales Price {2019 vs. 2018}

-5

%

Change in Units Sold {2019 vs. 2018}

1,111 Total Units Sold

238

K

$ 12/17/2018

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

4

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

%

Change in Median Sales Price {2019 vs. 2018}

Upper Kirby

-2

%

Change in Units Sold {2019 vs. 2018}

297 Total Units Sold

12/17/2018

0 of 0

Matrix

Checked 0

All · None · Page ·

445

$

K

Criteria

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 | Q2 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

16%

15%

-

4%

-2%

2%

$650,017

$613,362

94%

$445,000

297

104

$562,411

$532,245

95%

$429,000

303

102

$676,074

$632,037

93%

$501,669

280

93

$632,056

$598,602

95%

$512,500

269

113

$639,405

$607,067

95%

$522,000

274

88

$640,000

Average Sales Price | Units Sold

310

$620,000

300

$600,000 290

$580,000

280

$560,000 $540,000

270

$520,000 260

$500,000 $480,000

250

2016

2017

2018

Average Sales Price

Q2 2019

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

2019 Total Units Sold

Units Sold

Units Sold %

Total Sales Volume

Total Sales Volume %

44

14.8%

$7,622,620

4.2%

120

40.4%

$43,514,524

23.9%

60

20.2%

$37,013,302

20.3%

73

24.6%

$94,018,165

51.6%

Q2 2019 Houston Market Update | 12

single family homes | Q2 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

-2%

2%

-

1%

-2%

-17%

$580,446

$564,905

97%

$487,000

582

72

$591,103

$551,401

93%

$483,250

594

86

$521,432

$501,440

96%

$425,000

565

88

$513,386

$486,751

95%

$418,500

550

108

$629,426

$507,965

81%

$440,000

496

71

Average Sales Price | Units Sold

$580,000

600 590

$560,000

580

$540,000

570

$520,000

560 $500,000

550

$480,000

540

$460,000

530

$440,000

520

2016

2017

2018

Average Sales Price

Q2 2019

Below $400K $400K - $600K $600K - $800K $800K and Up 13 | Q2 2019 Houston Market Update

2019 Total Units Sold

Units Sold

Units Sold %

Total Sales Volume

Total Sales Volume %

206

35.4%

$66,729,669

20.3%

192

33.0%

$95,791,749

29.1%

84

14.4%

$58,207,404

17.7%

100

17.2%

$108,045,710

32.9%

Copyright and credits: Visit Houston

at a glance Greater Heights Area

Heights / Greater Heights

1

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

%

Change in Median Sales Price {2019 vs. 2018}

-2

%

Change in Units Sold {2019 vs. 2018}

582 Total Units Sold

487

K

$ 12/18/2018

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

3

%

Change in Median Sales Price {2019 vs. 2018}

10

%

Change in Units Sold {2019 vs. 2018}

1,202 Total Units Sold

12/18/2018

335

K

$

Matrix

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 | Q2 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

4%

3%

-

3%

10%

-13%

$386,494

$368,710

95%

$335,000

1,202

79

$372,417

$357,632

96%

$325,095

1,094

91

$405,911

$351,618

87%

$321,000

1,153

83

$368,086

$346,723

94%

$318,500

1,150

78

$382,860

$366,450

96%

$335,000

1,068

60

$375,000

Average Sales Price | Units Sold

1,220 1,200

$370,000

1,180

$365,000

1,160

$360,000

1,140

$355,000

1,120

$350,000

1,100

$345,000

1,080

$340,000

1,060

$335,000

1,040

2016

2017

2018

Average Sales Price

Q2 2019

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

2019 Total Units Sold

Units Sold

Units Sold %

Total Sales Volume

Total Sales Volume %

224

18.6%

$48,369,125

10.9%

443

36.9%

$132,351,378

29.9%

280

23.3%

$110,299,025

24.9%

255

21.2%

$152,169,460

34.3%

Q2 2019 Houston Market Update | 16

single family homes | Q2 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

-8%

-7%

-

-7%

8%

6%

$1,212,108

$1,118,898

92%

$817,000

251

105

$1,319,142

$1,199,116

91%

$875,000

232

99

$1,265,416

$1,184,139

94%

$881,140

239

99

$1,421,535

$1,149,404

81%

$1,000,000

220

93

$1,380,355

$1,320,797

96%

$978,000

191

53

Average Sales Price | Units Sold

$1,220,000

255 250

$1,200,000

245

$1,180,000

240

$1,160,000

235 230

$1,140,000

225

$1,120,000

220

$1,100,000

215 210

$1,080,000

205

$1,060,000

200

2016

2017

2018

Average Sales Price

Q2 2019

Below $500K $500K - $1M $1M - $1.5M $1.5M and Up 17 | Q2 2019 Houston Market Update

2019 Total Units Sold

Units Sold

Units Sold %

Total Sales Volume

Total Sales Volume %

40

15.9%

$16,361,382

5.8%

111

44.2%

$78,354,090

27.9%

38

15.1%

$46,723,575

16.6%

62

24.7%

$139,404,394

49.6%

at a glance Memorial Area

Memorial Close In Memorial Villages

-7

Memorial West

%

Change in Median Sales Price {2019 vs. 2018}

8

%

Change in Units Sold {2019 vs. 2018}

251

8

Matrix

Total Units Sold Checked 0

All · None · Page ·

Criteria

817

Jump to Address

K

$

Map

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

3

Rice Military / Washington Corridor Washington East / Sabine

%

Change in Median Sales Price {2019 vs. 2018}

3

%

Change in Units Sold {2019 vs. 2018}

130 Total Units Sold

474

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 | Q2 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

-6%

-6%

-

3%

3%

0%

$565,393

$539,715

95%

$474,250

130

125

$604,511

$575,713

95%

$462,500

126

126

$544,937

$516,321

95%

$440,000

128

115

$498,429

$473,280

95%

$450,000

127

111

$566,581

$545,166

96%

$439,900

115

104

$700,000

Average Sales Price | Units Sold

131

$600,000

130

$500,000

129

$400,000

128

$300,000

127

$200,000

126

$100,000

125

$-

124

2016

2017

2018

Average Sales Price

Q2 2019

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

2019 Total Units Sold

Units Sold

Units Sold %

Total Sales Volume

Total Sales Volume %

13

10.0%

$4,070,850

5.8%

44

33.8%

$18,010,730

25.7%

29

22.3%

$14,256,631

20.3%

44

33.8%

$33,824,698

48.2%

Q2 2019 Houston Market Update | 20

single family homes | Q2 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

2%

5%

-

10%

-29%

11%

$510,746

$478,760

94%

$385,000

130

111

$499,013

$457,690

92%

$350,000

183

100

$556,793

$519,523

93%

$395,000

141

99

$501,520

$465,043

93%

$383,000

131

82

$533,616

$520,667

98%

$429,500

136

45

Average Sales Price | Units Sold

$530,000

200

$520,000

180

$510,000

160

$500,000

140

$490,000

120

$480,000

100

$470,000

80

$460,000

60

$450,000 $440,000

40

$430,000

20

$420,000

0

2016

2017

2018

Average Sales Price

Q2 2019

Below $300K $300K - $400K $400K - $500K $500K and Up 21 | Q2 2019 Houston Market Update

2019 Total Units Sold

Units Sold

Units Sold %

Total Sales Volume

Total Sales Volume %

40

30.8%

$10,330,575

16.6%

31

23.8%

$10,911,300

17.5%

22

16.9%

$9,863,190

15.8%

37

28.5%

$31,133,755

50.0%

at a glance Meyerland Area Braeswood Place Meyerland Area

10

Willow Meadows Area

%

Change in Median Sales Price {2019 vs. 2018}

-29

%

Change in Units Sold {2019 vs. 2018}

130 Total Units Sold

385

$

12/18/2018

0 of 0

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Matrix

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

7

Fall Creek Area Kingwood East

%

Kingwood NW / Oakhurst Kingwood South Kingwood West

Change in Median Sales Price {2019 vs. 2018}

Porter / New Caney West

0

Summerwood / Lakeshore

%

Change in Units Sold {2019 vs. 2018}

12/19/2018

Matrix

968 Total Units Sold

0 of 0

Checked 0

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260

Matrix

NORTHEAST HOUSTON

12/19/2018

Matrix

0 of 0

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K

$

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 | Q2 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

7%

5%

-

7%

0%

3%

$297,147

$281,412

95%

$259,950

968

82

$277,659

$266,869

96%

$242,500

970

80

$289,823

$276,988

96%

$243,250

1,008

81

$420,439

$258,751

62%

$235,000

990

64

$281,351

$259,435

92%

$235,000

1,035

52

$285,000

Average Sales Price | Units Sold

1,020

$280,000

1,010

$275,000

1,000

$270,000

990

$265,000

980

$260,000

970

$255,000

960

$250,000

950

$245,000

940

2016

2017

2018

Average Sales Price

Q2 2019

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

2019 Total Units Sold

Units Sold

Units Sold %

Total Sales Volume

Total Sales Volume %

197

20.4%

$34,469,963

12.7%

252

26.0%

$57,638,445

21.2%

196

20.2%

$54,096,793

19.9%

323

33.4%

$126,201,248

46.3%

Q2 2019 Houston Market Update | 24

single family homes | Q2 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

16%

11%

-

-3%

-15%

-16%

$2,701,452

$2,403,624

89%

$1,942,500

44

121

$2,338,335

$2,160,655

92%

$1,992,500

52

144

$2,224,813

$1,992,302

90%

$1,590,000

46

98

$2,427,108

$2,033,484

84%

$1,556,250

48

143

$2,120,029

$1,859,207

88%

$1,443,750

42

100

$3,000,000

Average Sales Price | Units Sold

54 52

$2,500,000

50

$2,000,000

48 $1,500,000 46 $1,000,000

44

$500,000

42

$-

40

2016

2017

2018

Average Sales Price

Q2 2019

Below $1M $1M - $1.5M $1.5M - $2.5M $2.5M and Up 25 | Q2 2019 Houston Market Update

2019 Total Units Sold

Units Sold

Units Sold %

Total Sales Volume

Total Sales Volume %

7

15.9%

$5,459,500

5.2%

7

15.9%

$9,044,170

8.6%

18

40.9%

$34,924,300

33.0%

12

27.3%

$56,331,500

53.3%

at a glance River Oaks Area Briar Hollow Greenway Plaza

-3

Highland Village / Midlane

%

River Oaks Area Royden Oaks / Afton Oaks

Change in Median Sales Price {2019 vs. 2018}

-15

%

Change in Units Sold {2019 vs. 2018}

44 Total Units Sold

1.9

M

$ 12/19/2018

Matrix

0 of 0

Checked 0

Criteria

RIVER OAKS AREA

All · None · Page ·

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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

1

%

Change in Median Sales Price {2019 vs. 2018}

-24

%

Change in Units Sold {2019 vs. 2018}

19 Total Units Sold

2.8

$ 12/19/2018

Matrix

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 | Q2 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

28%

21%

-

1%

-24%

-18%

$4,112,842

$3,602,226

88%

$2,800,000

19

120

$3,204,176

$2,969,393

93%

$2,765,000

25

147

$3,364,682

$2,987,643

89%

$2,692,145

22

71

$3,728,364

$3,048,939

82%

$2,617,500

22

183

$3,543,935

$3,023,824

85%

$3,000,000

17

131

$4,000,000

Average Sales Price | Units Sold

30

$3,500,000

25

$3,000,000 20

$2,500,000

15

$2,000,000 $1,500,000

10

$1,000,000 5

$500,000 $-

0

2016

2017

2018

Average Sales Price

Q2 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 %

-

0.0%

$0

0.0%

-

0.0%

$0

0.0%

9

47.4%

$17,990,800

26.3%

10

52.6%

$50,451,500

73.7%

Q2 2019 Houston Market Update | 28

single family homes | Q2 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%

-3%

0%

$420,256

$403,183

96%

$345,000

327

111

$458,834

$438,420

96%

$359,000

337

112

$414,494

$394,156

95%

$330,000

333

104

$409,817

$374,467

91%

$319,500

279

86

$405,881

$385,391

95%

$314,950

240

59

Average Sales Price | Units Sold

$460,000

400 350

$440,000

300 $420,000

250 200

$400,000

150

$380,000

100 $360,000

50 0

$340,000

2016

2017

2018

Average Sales Price

Q2 2019

Below $300K $300K - $400K $400K - $500K $500K and Up 29 | Q2 2019 Houston Market Update

2019 Total Units Sold

Units Sold

Units Sold %

Total Sales Volume

Total Sales Volume %

103

31.5%

$25,595,264

19.4%

117

35.8%

$40,489,994

30.7%

52

15.9%

$22,982,211

17.4%

55

16.8%

$42,773,478

32.4%

at a glance Spring Branch Area

Spring Branch

-4

%

Change in Median Sales Price {2019 vs. 2018}

-3

%

Change in Units Sold {2019 vs. 2018}

327 Total Units Sold Matrix

12/20/2018

0 of 0

Checked 0

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Map

K

$

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Results

Jump to Address

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

30

Charnwood / Briarbend Galleria

%

Tanglewood Area

Change in Median Sales Price {2019 vs. 2018}

6

%

Change in Units Sold {2019 vs. 2018}

88 Total Units Sold 12/20/2018

0 of 0

1.1

Matrix

Checked 0

M

$

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Criteria

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 | Q2 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

35%

34%

-

30%

6%

6%

$1,508,532

$1,364,221

90%

$1,102,500

88

172

$1,114,072

$1,021,682

92%

$845,000

83

161

$1,251,587

$1,131,833

90%

$905,000

101

121

$1,673,224

$1,394,136

83%

$1,029,500

76

116

$1,081,479

$1,020,189

94%

$865,000

81

90

$1,600,000

Average Sales Price | Units Sold

120

$1,400,000

100

$1,200,000 80

$1,000,000

60

$800,000 $600,000

40

$400,000 20

$200,000 $-

0

2016

2017

2018

Average Sales Price

Q2 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 %

11

12.5%

$4,798,500

4.0%

29

33.0%

$21,709,100

18.1%

23

26.1%

$29,176,500

24.3%

25

28.4%

$64,367,314

53.6%

Q2 2019 Houston Market Update | 32

single family homes | Q2 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

18%

18%

-

-13%

0%

72%

$2,268,765

$2,057,353

91%

$1,500,000

17

253

$1,920,759

$1,738,892

91%

$1,730,000

17

147

$2,414,095

$2,135,767

88%

$1,600,000

21

135

$2,906,238

$2,537,874

87%

$2,265,050

21

82

$2,208,545

$1,982,782

90%

$2,272,000

11

80

Average Sales Price | Units Sold

$3,000,000

25

$2,500,000

20

$2,000,000

15

$1,500,000 10 $1,000,000 5

$500,000 $-

0

2016

2017

2018

Average Sales Price

2019 Total Units Sold

Q2 2019

Units Sold

Units Sold %

Total Sales Volume

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

-

0.0%

$0

0.0%

1

5.9%

$880,000

2.5%

8

47.1%

$10,705,000

30.6%

8

47.1%

$23,390,000

66.9%

33 | Q2 2019 Houston Market Update

Total Sales Volume %

at a glance Tanglewood Proper Tanglewood

-13

%

Change in Median Sales Price {2019 vs. 2018}

0

%

Change in Units Sold {2019 vs. 2018}

17 Total Units Sold

1.5

M

$ 12/20/2018

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

1

Lake Conroe Area Magnolia / 1488 East

%

Magnolia / 1488 West Spring Northeast Spring/Klein

Change in Median Sales Price {2019 vs. 2018}

The Woodlands

-1

%

Change in Units Sold {2019 vs. 2018}

2,797 Total Units Sold

279

K

$ 12/20/2018

0 of 0

Matrix

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 | Q2 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

3%

2%

-

1%

-1%

-10%

$367,381

$347,581

95%

$279,000

2,797

89

$356,883

$342,052

96%

$275,000

2,828

99

$338,717

$320,144

95%

$259,900

2,720

96

$404,962

$321,928

79%

$259,000

2,486

89

$364,963

$347,079

95%

$261,500

2,464

68

$350,000

Average Sales Price | Units Sold

2,900

$345,000 2,800

$340,000 $335,000

2,700

$330,000 $325,000

2,600

$320,000 2,500

$315,000 $310,000

2,400

$305,000 $300,000

2,300

2016

2017

2018

2019

Average Sales Price

Q2 2019

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

Total Units Sold

Units Sold

Units Sold %

Total Sales Volume

Total Sales Volume %

534

19.1%

$90,843,528

9.3%

1,050

37.5%

$259,902,083

26.7%

532

19.0%

$184,149,182

18.9%

681

24.3%

$437,289,887

45.0%

Q2 2019 Houston Market Update | 36

single family homes | Q2 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

4%

5%

-

0%

-2%

23%

$439,474

$410,986

94%

$334,000

172

119

$422,958

$391,081

92%

$332,500

175

97

$400,462

$379,996

95%

$344,000

165

84

$410,261

$389,336

95%

$341,780

138

58

$419,312

$409,223

98%

$362,000

155

36

Average Sales Price | Units Sold

$415,000

200

$410,000

180

$405,000

160

$400,000

140

$395,000

120

$390,000

100

$385,000

80

$380,000

60

$375,000 $370,000

40

$365,000

20

$360,000

0

2016

2017

2018

Average Sales Price

Q2 2019

Below $250K $250K - $350K $350K - $450K $450K and Up 37 | Q2 2019 Houston Market Update

2019 Total Units Sold

Units Sold

Units Sold %

Total Sales Volume

Total Sales Volume %

39

22.7%

$8,488,879

12.0%

53

30.8%

$15,837,367

22.4%

36

20.9%

$14,214,940

20.1%

44

25.6%

$32,148,470

45.5%

at a glance West Houston Area

Briargrove Park / Walnut Bend

0

Energy Corridor Westchase Area

%

Change in Median Sales Price {2019 vs. 2018}

-2

%

Change in Units Sold {2019 vs. 2018}

172 Total Units Sold

0 of 0

334

$

12/20/2018

Checked 0

All · None · Page ·

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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

-5

%

Change in Median Sales Price {2019 vs. 2018}

-23

%

Change in Units Sold {2019 vs. 2018}

90 Total Units Sold

1.3

M

$ 12/20/2018

Matrix

Criteria

0 of 0

Checked 0

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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 | Q2 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

-3%

-3%

-

-5%

-23%

-15%

$1,430,952

$1,364,497

95%

$1,257,500

90

66

$1,472,364

$1,406,933

96%

$1,325,000

117

78

$1,470,480

$1,410,422

96%

$1,240,000

93

102

$1,263,994

$1,198,797

95%

$1,122,500

78

67

$1,374,464

$1,344,417

98%

$1,279,500

100

47

$1,450,000

Average Sales Price | Units Sold

140

$1,400,000

120

$1,350,000

100

$1,300,000

80

$1,250,000 60

$1,200,000

40

$1,150,000 $1,100,000

20

$1,050,000

0

2016

2017

2018

Average Sales Price

2019 Total Units Sold

Q2 2019

Units Sold

Units Sold %

Total Sales Volume

Total Sales Volume %

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

22

24.4%

$16,467,912

13.4%

41

45.6%

$51,016,365

41.5%

18

20.0%

$31,062,251

25.3%

9

10.0%

$24,258,200

19.8%

Q2 2019 Houston Market Update | 40

Upcoming Auctions Contemporary Art Online

Space Exploration

Finest & Rarest Wines

10–18 July

20 July

13–14 September

Omega Speedmaster: To the

Jewels Online

Inspired by Chatsworth

Moon and Back | Celebrating

18-25 July

28 June–18 September

50 Years since Apollo 11 19 July

Finest & Rarest Wines 7 September

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