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.