1 minute read

in our montrose era

Next Article
Glow This Summer

Glow This Summer

Once upon a time, Montrose was considered rough around the edges, even gritty. But, the slew of tattoo parlors, funky thrift stores, gay bars and semi-edgy coffeeshops that remain in the well located district — roughly halfway between the Galleria and Downtown, and a stone’s throw from Rice — can’t hide the truth: Montrose is a stable, solid bet for buyers seeking a dependably appreciating neighborhood for the long haul.

After a season of less showy growth than other areas during the Covid years, the quirky queen of the inner-Loop — unabashedly eclectic with its mix of classic bungalows, townhomes and mod new builds — is back! The average sales price for the first five months of ’23, $853,000, is up nearly 13 percent over the same period last year. This occurs as other inner-Loopers like the Galleria area, Midtown and the Washington Corridor are flat.

And Montrose homes are, at the moment anyway, selling a week faster than last June, just 44 days on average.

This article is from: