Q1 2020 | Houston Market Update

Page 1

Q1 | 2020

Houston

Market Update

Memorial Villages 11526 Wendover Lane | Offered at $5,500,000

sothebysrealty.com/id/86343584


21

2

A Message from Marilyn

3

Atascocita Area Bellaire

Braeswood Place

23 5

Greater Heights

25

Hockley

27

7

Briargrove Park/Walnutbend

11

Clear Lake

13

Cypress South Area

Katy Area

29 Kingwood Area 31 Lake Conroe

9

Central Area

33 15

East End Revitalized Energy Corridor

Index | Q1 2020 Houston Market Update

Friendswood

League City

35

17 19

Magnolia Area

37

Medical/Museum District Area

39 Memorial Close-In


Houston

41

Memorial Park/Washington Corridor Area

61

43

Memorial Villages Memorial West

Meyerland

Spring Area

63 Spring Branch 65 Tanglewood/Galleria Area

45 47

67 Tanglewood Proper 69 The Woodlands

North Cypress and Tomball 49 Oak Forest/Shepherd Park Plaza Area

51

Pearland

71

53

Porter/New Caney Area

73

West U/Southside Willow Meadows

55

River Oaks Area River Oaks Proper

57 59

Q1 2020 Houston Market Update | Index


11318 JAMESTOWN ROAD

Offered at $3,795,000 sothebysrealty.com/id/17838840 218 PINE HOLLOW LANE

Offered at $2,675,000 sothebysrealty.com/id/62826812 36 TIEL WAY

Offered at $1,795,000 sothebysrealty.com/id/5066496 101 WESTCOTT STREET UNIT #601

Offered at $1,299,000 sothebysrealty.com/id/93164074 *in order from left to right, top to bottom

1 | Q1 2020 Houston Market Update


a message from

Marilyn Thompson Houston President

No one will be able to fully predict the effect the coronavirus pandemic will have on the real estate market, but at Sotheby’s International Realty, the health and safety of our agents, clients, employees and community is our #1 priority. We invite you to review a summary of sales activity in the Houston area during the first quarter of 2020, based on closed production from January – March 2020, much of which went into contract before the onset of the coronavirus pandemic. HAR reports the following market data for this quarter, which is compared here for the same period of 2019. Heading into the second quarter of 2020, we will continue our efforts of providing the unmatched level of service our clients are used to through our technology and reach. We’ve created the Virtual Agent Playbook, which is a curation of all our digital and virtual tools to provide seamless access to either market your home if selling or show a home if buying. During this unprecedented time, we are continuing to represent clients who want or need to sell a home and our local teams are working hard continuing to conduct the business of real estate. We are committed to providing the highest quality service and will to continue to support our buyers and sellers using state-of-the-art technology and a suite of virtual marketing tools which make it easy to view and experience the finest real estate in the world from the safety of one’s home. As always, our goal in sharing market data with you is to create a better understanding of the trends affecting our unique housing market. We hope you find it to be a valuable resource and look forward to working with you to meet your real estate needs now and in the future. If you have any questions about the Houston market, please do not hesitate to reach out to me or any of our independent sales associates at 713.520.1981.

HOUSTON BROKERAGE

Marilyn Thompson, Houston President 1717 West Loop South, Suite 1700 | Houston, TX 77027 | 713.558.3274 sothebysrealty.com © Sotheby’s International Realty, Inc. All rights reserved. Sotheby’s International Realty® is a registered trademark. 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. 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.

Q1 2020 Houston Market Update | 2


at a glance Atascocita Area Atascocita South Summerwood Fall Creek

NEW WAVERLY

WAVERLY

1

%

Change in Median Sales Price {2020 vs. 2019}

10

WILLIS

MONTGOMERY

%

Change in Units Sold {2020 vs. 2019}

CLEVELAND

371

CONROE

SPLENDORA MAGNOLIA

EGYPT PATTON VILLAGE

SHENANDOAH

WOODBRANCH THE WOODLANDS

45 PORTER HEIGHTS

NEW CANEY

99

249 HUFSMITH

TOMBALL

PORTER

99

69

KLEIN

45

CHAMPION FOREST

KINGWOOD EASTGATE

DAYTON

HUFFMAN

Rd y To ll

249

Median Sales Price HUMBLE

H a rd

CYPRESS STATION

263

K

$

TIMBERLANE ACRES

SPRING

99

Total Units Sold

STILSON

ATASCOCITA HARMASTON

CYPRESS 290

WILLOWBROOK

8

8

SUMMERWOOD

ALDINE

99

249

8

CROSBY DYERSDALE MT HOUSTON

JERSEY VILLAGE

H a rd

COPPERFIELD PLACE

290

Rd y To ll

45

6

290

SPRING SHADOWS

8 NORTHWEST HOUSTON

ADDICKS

INDEPENDENCE HEIGHTS

OAK FOREST/ GARDEN OAKS

FAIRBANKS/ NORTHWEST CROSSING

SPRING BRANCH EAST

SPRING BRANCH WEST

SHEPHERD PARK PLAZA AREA

610

SHADY ACRES

MASON PARK

10

ENERGY CORRIDOR

10 MEMORIAL

MEMORIAL CITY HEDWIG

10 HUNTERS AGE

BARRETT

69

CENTAL NORTHWEST SHEPHERD FOREST

SPRING VALLEY VILLAGE

8

TIMBERGROVE/ LAZYBROOK

610

NORTHSIDE VILLAGE

HEIGHTS/GREATER HEIGHTS

10

WASHINGTON AVE/

10

8 10

WOODLAND HEIGHTS

10


single family homes | Q1 2020

Atascocita Area

Avg. List Price

Avg. Sales Price

Sales Price Median vs List Price Sales Price

Total Avg. Days Units Sold on Market

{2020 v 2019}

Change 2020 2019 2018 2017 2016

16%

5%

-

1%

10%

4%

$335,359

$288,759

86%

$262,525

371

104

$288,188

$276,222

96%

$259,998

336

100

$279,345

$266,361

95%

$245,450

309

106

$271,287

$259,710

96%

$238,000

306

81

$261,592

$249,277

95%

$234,950

298

79

Average Sales Price | Units Sold

$295,000

400

$290,000

350

$285,000

300

$280,000 $275,000

250

$270,000

200

$265,000

150

$260,000

100

$255,000 $250,000

50

$245,000

0

2017

2018

2019

Average Sales Price

2020

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

2020 Total Units Sold

Units Sold

Units Sold %

Total Sales Volume

Total Sales Volume %

61

16.4%

$10,986,639

10.3%

107

28.8%

$24,368,748

22.7%

80

21.6%

$21,985,332

20.5%

123

33.2%

$49,788,821

46.5%

Q1 2020 Houston Market Update | 4


single family homes | Q1 2020

Bellaire

Avg. List Price

Avg. Sales Price

Sales Price Median vs List Price Sales Price

Total Avg. Days Units Sold on Market

{2020 v 2019}

Change 2020 2019 2018 2017 2016

-5%

-4%

-

-11%

32%

32%

$821,833

$754,625

92%

$757,000

45

189

$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

Average Sales Price | Units Sold

$1,000,000

80

$900,000

70

$800,000

60

$700,000 $600,000

50

$500,000

40

$400,000

30

$300,000

20

$200,000

10

$100,000

0

$-

2017

2018

2019

Average Sales Price

2020

Below $500K $500K - $750K $750K - $1M $1M and Up 5 | Q1 2020 Houston Market Update

2020 Total Units Sold

Units Sold

Units Sold %

Total Sales Volume

Total Sales Volume %

11

24.4%

$4,216,000

12.4%

11

24.4%

$6,727,000

19.8%

15

33.3%

$12,944,158

38.1%

8

17.8%

$10,070,974

29.7%


at a glance

WILLOWBR OOK

8

8

ALDINE

Bellaire 249

-11

8

%

ERSEY VILLAGE

MT HOUSTON H a rd Rd y To l l

Change in Median Sales Price {2020 vs. 2019}

%

INDEPENDENCE HEIGHTS

OAK FOREST/ GARDEN OAKS

FAIRBANKS/ NORTHWEST CROSSING

290

SPRING SHADOWS

8

32

45

69

SHEPHERD PARK PLAZA AREA

Change in Units Sold {2020 vs. 2019}

THWEST USTON

45

SPRING BRANCH EAST SPRING BRANCH WEST

SPRING VALLEY VILLAGE

10

MEMORIAL CITY

HEDWIG VILLAGE

HUNTERS CREEK VILLAGE

PINEY POINT VILLAGE

CENTAL NORTHWEST

610

SHEPHERD FOREST SHADY ACRES

HEIGHTS/GREATER HEIGHTS

TIMBERGROVE/ Total Units Sold LAZYBROOK

757

K

$

610

NORTHSIDE VILLAGE

WOODLAND HEIGHTS

10

10

WASHINGTON AVE/ MEMORIAL PARK RICE MILITARY

DOWNTOW N HOUSTON

UPTOWN

RIVER OAKS Median Sales Price

8

610

T

SECOND WARD

HYDE PARK

AFTON OAKS

GREATER EAST END

MONTROSE

90

MIDTOWN

GREENWAY/ UPPER KIRBY

WOODLAKE/ BRIAR MEADOW

EAST DOWNTOWN

45

69

TCHASE

y

LAWNDALE/ WAYSIDE

RICE / MUSEUM

WEST UNIVERSITY PLACE

SOUTHAMPTON

GULFTON

8

69

TEXAS MEDICAL CENTER

SOUTHSIDE PLACE

BRAESWOOD PLACE

BELAIRE

90 MEYERLAND AREA

WEST/SOUTH UNION

610

BRAEBURN WILLOW MEADOWS/ WILLOWBEND AREA

SOUTH MAIN

WESTBURY 90

35


at a glance

WILLOWBR OOK

8

8

ALDINE

Braeswood Place

249 8 290

%

MT HOU H a rd Rd y To l l

-4

JERSEY VILLAGE

69

Change in Median Sales Price 45 vs. 2019} {2020

290

SPRING SHADOWS

8

NORTHWEST HOUSTON

0

INDEPENDENCE HEIGHTS

OAK FOREST/ GARDEN OAKS

FAIRBANKS/ NORTHWEST CROSSING

Change in Units Sold

CENTAL NORTHWEST

SPRING BRANCH EAST SPRING BRANCH WEST

{2020 vs. 2019}

18 610

SHEPHERD FOREST SHADY ACRES

SPRING VALLEY VILLAGE

10

HEDWIG VILLAGE

NORTHSIDE VILLAGE

HEIGHTS/GREATER HEIGHTS

TIMBERGROVE/ LAZYBROOK

Total Units Sold WOODLAND

10

MEMORIAL CITY

MEMORIAL

%

SHEPHERD PARK PLAZA AREA

641 HEIGHTS

10

HUNTERS CREEK VILLAGE

WASHINGTON AVE/ MEMORIAL PARK

PINEY POINT VILLAGE

UPTOWN

8

RIVER OAKS

610

K

$

RICE MILITARY

DOWNTOW N HOUSTON

SECOND WARD

HYDE PARK

Median Sales Price

BRIARFOREST AFTON OAKS

MONTROSE MIDTOWN

GREENWAY/ UPPER KIRBY

WOODLAKE/ BRIAR MEADOW

EAST DOWNTOWN

45

69

WESTCHASE RICE / MUSEUM

WEST UNIVERSITY PLACE

To ll w a y We s tp a rk

SOUTHAMPTON

GULFTON

8

69

TEXAS MEDICAL CENTER

SOUTHSIDE PLACE

BRAESWOOD PLACE

BELAIRE

90 MEYERLAND AREA

610

BRAEBURN WILLOW MEADOWS/ WILLOWBEND AREA

WESTBURY 90

69

WEST/SOUTH UNION

SOUTH MAIN


single family homes | Q1 2020

Braeswood Place

Avg. List Price

Avg. Sales Price

Sales Price Median vs List Price Sales Price

Total Avg. Days Units Sold on Market

{2020 v 2019}

Change 2020 2019 2018 2017 2016

-1%

-3%

-

-4%

0%

-40%

$867,394

$795,653

92%

$640,500

18

111

$876,079

$816,730

93%

$665,000

18

184

$635,897

$601,172

95%

$450,000

32

67

$873,459

$812,012

93%

$695,000

17

193

$848,468

$826,216

97%

$625,000

19

62

$900,000

Average Sales Price | Units Sold

35

$800,000

30

$700,000

25

$600,000 $500,000

20

$400,000

15

$300,000

10

$200,000 5

$100,000 $-

0

2017

2018

2019

Average Sales Price

2020

Below $500K $500K - $1M $1M - $1.25M $1.25M and Up

2020 Total Units Sold

Units Sold

Units Sold %

Total Sales Volume

Total Sales Volume %

6

33.3%

$2,149,500

15.0%

6

33.3%

$3,999,900

27.9%

2

11.1%

$2,475,000

17.3%

4

22.2%

$5,697,350

39.8%

Q1 2020 Houston Market Update | 8


single family homes | Q1 2020

Briargrove Park / Walnutbend

Avg. List Price

Avg. Sales Price

Sales Price Median vs List Price Sales Price

Total Avg. Days Units Sold on Market

{2020 v 2019}

Change 2020 2019 2018 2017 2016

3%

7%

-

2%

13%

-43%

$506,781

$476,605

94%

$448,000

34

107

$491,002

$445,606

91%

$441,000

30

190

$450,734

$411,362

91%

$360,000

38

97

$466,668

$431,077

92%

$410,000

34

139

$518,758

$491,788

95%

$507,000

26

86

Average Sales Price | Units Sold

$500,000

40 35

$480,000

30

$460,000

25

$440,000

20 $420,000

15

$400,000

10

$380,000

5

$360,000

0

2017

2018

2019

Average Sales Price

2020

Below $350K $350K - $450K $450K - $550K $550K and Up 9 | Q1 2020 Houston Market Update

2020 Total Units Sold

Units Sold

Units Sold %

Total Sales Volume

Total Sales Volume %

9

26.5%

$2,552,000

15.7%

8

23.5%

$3,223,125

19.9%

8

23.5%

$3,995,000

24.7%

9

26.5%

$6,434,450

39.7%


CYPRESS STATION H a rd

at a glance

Rd y To l l

249

45

CHAMPION FOREST

Briargrove Park / Walnutbend

90

WILLOWBR OOK

2

%

8

AL

Change in Median Sales Price {2020 vs. 2019}

290

COPPERFIE LD PLACE

13

249

%

8

JERSEY VILLAGE

Change in Units Sold {2020 vs. 2019}

34

45

Total Units Sold

448

6

8

$

NORTHWEST HOUSTON

ADDICKS

INDEPENDENCE HEIGHTS

OAK FOREST/ GARDEN OAKS

FAIRBANKS/ NORTHWEST CROSSING

290

SPRING SHADOWS

K

SHEPHERD PARK PLAZA AREA

CENTAL NORTHWEST

SPRING BRANCH EAST

SPRING BRANCH WEST

610

SHEPHERD FOREST SHADY ACRES

Median Sales Price SPRING VALLEY VILLAGE

ENERGY CORRIDOR

GE BUSH LDRIDGE

10

10

MEMORIAL CITY

MEMORIAL

HEIGHTS/GREATE HEIGHTS

TIMBERGROVE/ LAZYBROOK

HEDWIG VILLAGE

W

10

HUNTERS CREEK VILLAGE

WASHINGTON AVE/ MEMORIAL PARK RICE MILITARY

PINEY POINT VILLAGE

6

UPTOWN

8

RIVER OAKS

610

HYDE PARK

BRIARFOREST AFTON OAKS

MONTROSE

MI

GREENWAY/ UPPER KIRBY

WOODLAKE/ BRIAR MEADOW

69

WESTCHASE

WEST UNIVERSITY PLACE

To ll w a y We s tp a rk

RICE / MUSEUM

SOUTHAMPTON

GULFTON

TEXAS MEDIC CENTER

SOUTHSIDE PLACE

BRAESWOOD


STATION H a rd

at a glance Rd y To l l

249

45

CHAMPION FOREST

Central Area

WILLOWBR OOK

Midtown Montrose River Oaks Shopping Area

8

Upper Kirby ALDINE

3

%

8

Change in Median Sales Price {2020 vs. 2019}

249

10

8

%MT HOUSTON

JERSEY VILLAGE

H a rd

Rd y To l l

Change in Units Sold {2020 vs. 2019}

78

45

290

SPRING SHADOWS

8

NORTHWEST HOUSTON

INDEPENDENCE HEIGHTS

OAK FOREST/ GARDEN OAKS

FAIRBANKS/ NORTHWEST CROSSING

SHEPHERD PARK PLAZA AREA

Total Units Sold

SPRING BRANCH WEST

630

610

SHEPHERD FOREST

K

$

CENTAL NORTHWEST

SPRING BRANCH EAST

69

SHADY ACRES

610

NORTHSIDE VILLAGE

SPRING VALLEY VILLAGE

HEIGHTS/GREATER HEIGHTS

TIMBERGROVE/ LAZYBROOK

10

MEMORIAL CITY

L

HEDWIG VILLAGE

Median Sales Price

WOODLAND HEIGHTS

10

HUNTERS CREEK VILLAGE

10

WASHINGTON AVE/ MEMORIAL PARK RICE MILITARY

PINEY POINT VILLAGE

UPTOWN

8

610

IARFOREST

DOWNTOW N HOUSTON

RIVER OAKS

AFTON OAKS

GREATER EAST END

MONTROSE

EAST DOWNTOWN

90

MIDTOWN

GREENWAY/ UPPER KIRBY

WOODLAKE/ BRIAR MEADOW

SECOND WARD

HYDE PARK

45

69

WESTCHASE

WEST UNIVERSITY PLACE

lw a y

RICE / MUSEUM

SOUTHAMPTON

GULFTON

69

TEXAS MEDICAL CENTER

SOUTHSIDE PLACE

BELAIRE

BRAESWOOD PLACE

WEST/SOUTH UNION

LAWNDALE/ WAYSIDE


single family homes | Q1 2020

Central Area

Avg. List Price

Avg. Sales Price

Sales Price Median vs List Price Sales Price

Total Avg. Days Units Sold on Market

{2020 v 2019}

Change 2020 2019 2018 2017 2016

$700,000

4%

4%

-

3%

10%

3%

$732,482

$694,080

95%

$629,587

78

169

$703,340

$666,995

95%

$612,495

71

164

$721,498

$678,582

94%

$624,000

79

147

$691,284

$655,666

95%

$579,000

88

135

$662,298

$618,329

93%

$518,950

75

122

Average Sales Price | Units Sold

100 90

$690,000

80

$680,000

70 60

$670,000

50 $660,000

40 30

$650,000

20

$640,000

10

$630,000

0

2017

2018

2019

Average Sales Price

2020

Below $500K $500K - $750K $750K - $1M $1M and Up

2020 Total Units Sold

Units Sold

Units Sold %

Total Sales Volume

Total Sales Volume %

21

26.9%

$8,841,831

16.3%

33

42.3%

$20,500,764

37.9%

16

20.5%

$13,730,999

25.4%

8

10.3%

$11,064,629

20.4%

Q1 2020 Houston Market Update | 12


single family homes | Q1 2020

Clear Lake

Avg. List Price

Avg. Sales Price

Sales Price Median vs List Price Sales Price

Total Avg. Days Units Sold on Market

{2020 v 2019}

Change 2020 2019 2018 2017 2016

9%

2%

-

10%

17%

1%

$336,762

$304,933

91%

$265,000

229

77

$307,691

$300,353

98%

$242,000

196

76

$299,145

$284,858

95%

$249,999

205

67

$315,047

$295,590

94%

$250,000

201

85

$264,270

$250,623

95%

$223,000

219

54

Average Sales Price | Units Sold

$310,000

240

$305,000

230

$300,000

220

$295,000

210

$290,000 200

$285,000

190

$280,000 $275,000

180

$270,000

170

2017

2018

2019

Average Sales Price

2020

Below $200K $200K - $250K $250K - $350K $350K and Up 13 | Q1 2020 Houston Market Update

2020 Total Units Sold

Units Sold

Units Sold %

Total Sales Volume

Total Sales Volume %

38

16.6%

$6,917,988

9.9%

63

27.5%

$14,291,330

20.5%

75

32.8%

$21,953,434

31.4%

53

23.1%

$26,667,003

38.2%


at a glance

SPLENDORA

PATTON VILLAGE

WOODBRANCH

RTER HEIGHTS

NEW CANEY

99

Clear Lake PORTER

HUMBLE

TIMBERLANE ACRES

10

KINGWOOD

69

%

EASTGATE

DAYTON

HUFFMAN ATASCOCITA

Change in Median Sales Price {2020 vs. 2019}

HARMASTON

8

STILSON

17

%

SUMMERWOOD

CROSBY

DYERSDALE

Change in Units Sold

8

MT HOUSTON

{2020 vs. 2019}

BARRETT

229

69

610

SIDE GE

8

10

10

Total Units Sold

265

10 10

OWN ON SECOND WARD EAST DOWNTOWN

45

GREATER EAST END

610

8

GALENA PARK

90

K

$

10

LAWNDALE/ WAYSIDE

Median Sales Price

T/SOUTH UNION

MEADOWBROOK ALLENDALE

610

35

PASADENA

45

146

8

WILLIAM P. HOBBY AIRPORT

8

8

EL LAGO SEABROOK

PEARLAND

35

KEMAH

WEBSTER FRIENDSWOOD

45 LEAGUE CITY

146

DICKINSON

EL

6


at a glance

NEW WAVERLY

Cypress South Area Bear Creek South Copperfield Area Cypress South MONTGOMERY

NAVASOTA

2

WILLIS

%

Change in Median Sales Price {2020 vs. 2019}

11

PLANTERSVILLE

%

WHITEHALL

TODD MISSION

CONRO

Change in Units Sold {2020 vs. 2019}

820

MAGNOLIA

EGYPT

SHENANDO

THE WOODLANDS

45

Total Units Sold 249

232

$

K

HUFSMITH

TOMBALL

290

WALLER

99

Median Sales Price

99

KLEIN

CYP ST

HOCKLEY

249

CHAMPION FOREST

CYPRESS 290

WILLOWBROOK

8 99

249

8 COPPERFIELD PLACE

290

JERSEY VILLAGE

OAK FOREST GARDEN OAK

FAIRBANKS/ NORTHWEST CROSSING

6 ADDICKS

SPRING SHADOWS

8 NORTHWEST HOUSTON

SPRING BRANCH WEST

290 SPRING BRANCH EAST

CEN NORT

SHEPH FORE


single family homes | Q1 2020

Cypress South Area

Avg. List Price

Avg. Sales Price

Sales Price Median vs List Price Sales Price

Total Avg. Days Units Sold on Market

{2020 v 2019}

Change 2020 2019 2018 2017 2016

$270,000

2%

2%

-

2%

11%

-16%

$276,622

$265,336

96%

$231,950

820

68

$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

Average Sales Price | Units Sold

860 840

$260,000

820

$250,000

800 780

$240,000

760 $230,000

740 720

$220,000

700

$210,000

680

$200,000

660

2017

2018

2019

Average Sales Price

2020

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

2020 Total Units Sold

Units Sold

Units Sold %

Total Sales Volume

Total Sales Volume %

274

33.4%

$47,879,446

22.0%

325

39.6%

$79,136,482

36.4%

130

15.9%

$44,431,435

20.4%

91

11.1%

$46,128,499

21.2%

Q1 2020 Houston Market Update | 16


single family homes | Q1 2020

East End Revitalized

Avg. List Price

Avg. Sales Price

Sales Price Median vs List Price Sales Price

Total Avg. Days Units Sold on Market

{2020 v 2019}

Change 2020 2019 2018 2017 2016

1%

1%

-

5%

-38%

-24%

$310,437

$296,403

95%

$290,000

58

71

$307,891

$293,089

95%

$274,995

94

93

$287,992

$272,148

94%

$297,900

65

100

$268,098

$251,780

94%

$261,250

82

74

$252,320

$238,625

95%

$245,000

68

60

Average Sales Price | Units Sold

$300,000

100 90

$290,000

80

$280,000

70

$270,000

60

$260,000

50

$250,000

40 30

$240,000

20

$230,000

10

$220,000

0

2017

2018

2019

Average Sales Price

2020

Below $250K $250K - $350K $350K - $450K $450K and Up 17 | Q1 2020 Houston Market Update

2020 Total Units Sold

Units Sold

Units Sold %

Total Sales Volume

Total Sales Volume %

17

29.3%

$2,510,800

14.6%

23

39.7%

$6,738,190

39.2%

13

22.4%

$5,212,480

30.3%

5

8.6%

$2,729,900

15.9%


45

S

PORTER HEIGHTS

NEW CANEY

99

at a glance SPRING

PORTER TIMBERLANE ACRES

East End Revitalized

KINGWOOD

69

5

H a rd

CYPRESS STATION

Rd y To l l

45

HUMBLE

EASTG

%

HUFFMAN ATASCOCITA

Change in Median Sales Price

HARMASTON

{2020 vs. 2019}

-38

8 ALDINE

% SUMMERWO OD

Change in Units Sold {2020 vs. 2019}

58

CROSBY

DYERSDALE

8

MT HOUSTON H a rd Rd y To l l

45 INDEPENDENCE HEIGHTS

OAK FOREST/ GARDEN OAKS

69

Total Units Sold

290

CENTAL NORTHWEST

610

SHADY ACRES

TIMBERGROVE/ LAZYBROOK

610

10

WOODLAND HEIGHTS

10

RIVER OAKS HYDE PARK

N OAKS

MONTROSE MIDTOWN

EAST DOWNTOWN

45

69

GREATER EAST END

610

BRAESWOOD PLACE

90

LAWNDALE/ WAYSIDE

WEST/SOUTH UNION

MEADOWBRO OK ALLENDALE

610

LAND A WILLOW MEADOWS/ WILLOWBEND AREA

90

8

GALENA PARK

90

TEXAS MEDICAL CENTER

SOUTHSIDE PLACE

RY

10

DOWNTOWN HOUSTON SECOND WARD

RICE / MUSEUM WEST UNIVERSITY PLACE SOUTHAMPTON

RE

8

HEIGHTS/GREATER HEIGHTS

WASHINGTON AVE/ MEMORIAL PARK RICE MILITARY

GREENWAY/ UPPER KIRBY

Median Sales Price 610

NORTHSIDE VILLAGE

10

UPTOWN

K

$

SHEPHERD PARK PLAZA AREA

SHEPHERD FOREST

BARRETT

PASADENA

SOUTH MAIN

35

45

8

146


at a glance

249

CHAMPION FOREST

Energy Corridor

CYPRESS 290

-6

WILLOWBR OOK

%

Change in Median Sales Price {2020 vs. 2019}

99

7

%

290

COPPERFIE LD PLACE

8

JERSEY Change in UnitsVILLAGE Sold {2020 vs. 2019}

121 Total Units Sold

325

$

6

K

8

NORTHWEST HOUSTON

ADDICKS

FAIRBANKS/ NORTHWEST CROSSING

SPRING SHADOWS

SPRIN BRANCH

SPRING

Median Sales PriceBRANCH WEST

SPRIN VIL

10

MASON PARK

ENERGY CORRIDOR

10

10

MEMORIAL CITY

MEMORIAL

HEDWIG VILLAGE

GEORGE BUSH PARK/ELDR IDGE 99

PINEY POINT VILLAGE

6

8 BRIARFOREST

CINCO RANCH WOODLAKE/ BRIAR MEADOW WESTCHASE

To ll w a y We s tp a rk

CR


single family homes | Q1 2020

Energy Corridor

Avg. List Price

Avg. Sales Price

Sales Price Median vs List Price Sales Price

Total Avg. Days Units Sold on Market

{2020 v 2019}

Change 2020 2019 2018 2017 2016

$450,000

3%

1%

-

-6%

7%

31%

$414,816

$380,673

92%

$325,000

121

162

$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

Average Sales Price | Units Sold

160

$400,000

140

$350,000

120

$300,000

100

$250,000

80

$200,000

60

$150,000

40

$100,000

20

$50,000

0

$-

2017

2018

2019

Average Sales Price

2020

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

2020 Total Units Sold

Units Sold

Units Sold %

Total Sales Volume

Total Sales Volume %

23

19.0%

$4,920,750

10.7%

44

36.4%

$13,088,914

28.4%

23

19.0%

$8,988,968

19.5%

31

25.6%

$19,062,758

41.4%

Q1 2020 Houston Market Update | 20


single family homes | Q1 2020

Friendswood

Avg. List Price

Avg. Sales Price

Sales Price Median vs List Price Sales Price

Total Avg. Days Units Sold on Market

{2020 v 2019}

Change 2020 2019 2018 2017 2016

16%

6%

-

1%

-6%

6%

$412,960

$357,895

87%

$271,000

150

84

$356,389

$336,647

94%

$269,000

160

79

$283,459

$269,169

95%

$218,400

168

68

$318,310

$301,630

95%

$242,000

147

64

$315,380

$300,741

95%

$225,000

160

61

Average Sales Price | Units Sold

$400,000

170

$350,000

165

$300,000

160

$250,000

155

$200,000 150

$150,000

145

$100,000

140

$50,000 $-

135

2017

2018

2019

Average Sales Price

2020

Below $200K $200K - $300K $300K - $400K $400K and Up 21 | Q1 2020 Houston Market Update

2020 Total Units Sold

Units Sold

Units Sold %

Total Sales Volume

Total Sales Volume %

28

18.7%

$4,935,090

9.2%

55

36.7%

$13,156,032

24.5%

27

18.0%

$9,427,050

17.6%

40

26.7%

$26,166,005

48.7%


at a glance

45

S

Copyright and credits: Patrick Feller

PATTON VILLAGE

ENANDOAH

WOODBRANCH

PORTER HEIGHTS

NEW CANEY

99

PORTER

SPRING

Friendswood

KINGWOOD

69

EASTGATE

H a rd

CYPRESS STATION

1

Rd y To ll

45

8

Rd y To ll

69

SHEPHERD PARK PLAZA AREA

10

RIVER OAKS HYDE PARK

MIDTOWN

EAST DOWNTOWN

45

69

Total Units Sold

271

K

$

MEADOWBROOK ALLENDALE

610

WILLOW MEADOWS/ WILLOWBEND AREA

10

8

GALENA PARK

WEST/SOUTH UNION

90

AND A

RY

610

90

TEXAS MEDICAL CENTER

BRAESWOOD PLACE

E

GREATER EAST END

LAWNDALE/ WAYSIDE

RICE / MUSEUM WEST UNIVERSITY PLACE SOUTHAMPTON

10

10

DOWNTOWN HOUSTON SECOND WARD

MONTROSE

SOUTHSIDE PLACE

BARRETT

8

WOODLAND HEIGHTS

WASHINGTON AVE/ MEMORIAL PARK RICE MILITARY

GREENWAY/ UPPER KIRBY

%

150

610

NORTHSIDE VILLAGE

HEIGHTS/GREATER HEIGHTS

610

-6

CROSBY

{2020 vs. 2019}

610

SHADY ACRES

N OAKS

HARMASTON

Change in Units Sold

CENTAL NORTHWEST

PTOWN

%

8

H a rd

45 INDEPENDENCE HEIGHTS

10

STILSON

{2020 vs. 2019} DYERSDALE

TIMBERGROVE/ LAZYBROOK

HUFFMAN

Change in Median Sales Price SUMMERWOOD

MT HOUSTON

SHEPHERD FOREST

DAYTON

ATASCOCITA

ALDINE

OAK FOREST/ GARDEN OAKS

HUMBLE

TIMBERLANE ACRES

SOUTH MAIN

35

90

288

45

PASADENA

146

8

WILLIAM P. HOBBY AIRPORT

Median Sales Price

CENTRAL SOUTHWEST

8

8

8

EL LAGO SHADOW CREEK RANCH

SEABROOK

PEARLAND

288

35

KEMAH

WEBSTER FRIENDSWOOD

45 LEAGUE CITY

6

146

DICKINSON

MANVEL

6

288

ALVIN


Copyright and credits: Visit Houston

SPRING

KLEIN

CYPRESS STATION

Greater Heights H a rd

Rd y To l l

249

at a glance 45

CHAMPION FOREST

-2

%

Change in Median Sales Price

WILLOWBR OOK

{2020 vs. 2019}

-5

%

8

ALDINE

8

Change in Units Sold {2020 vs. 2019}

243

249 8

MT HOUSTON

JERSEY VILLAGE

H a rd

Total Units Sold

Rd y To l l

489

$

45

FAIRBANKS/ NORTHWEST CROSSING

NORTHWEST HOUSTON

K

Median Sales Price

290

SPRING SHADOWS

8

INDEPENDENCE HEIGHTS

OAK FOREST/ GARDEN OAKS

69

SHEPHERD PARK PLAZA AREA

CENTAL NORTHWEST

SPRING BRANCH EAST SPRING BRANCH WEST

610

SHEPHERD FOREST SHADY ACRES

610

NORTHSIDE VILLAGE

SPRING VALLEY VILLAGE

10

MEMORIAL CITY

L

HEIGHTS/GREATER HEIGHTS

TIMBERGROVE/ LAZYBROOK

HEDWIG VILLAGE

WOODLAND HEIGHTS

10

HUNTERS CREEK VILLAGE

10

WASHINGTON AVE/ MEMORIAL PARK RICE MILITARY

PINEY POINT VILLAGE

UPTOWN

8

610

RIARFOREST AFTON OAKS

RIVER OAKS

DOWNTOW N HOUSTON

SECOND WARD

HYDE PARK

MONTROSE

GREATER EAST END EAST DOWNTOWN


single family homes | Q1 2020

Greater Heights

Avg. List Price

Avg. Sales Price

Sales Price Median vs List Price Sales Price

Total Avg. Days Units Sold on Market

{2020 v 2019}

Change 2020 2019 2018 2017 2016

$600,000

-2%

-2%

-

-2%

-5%

-2%

$603,820

$580,513

96%

$489,000

243

102

$617,748

$592,368

96%

$500,000

256

104

$580,981

$552,052

95%

$480,000

232

127

$518,015

$496,032

96%

$438,950

260

105

$556,162

$525,111

94%

$450,000

226

122

Average Sales Price | Units Sold

265 260

$580,000

255

$560,000

250

$540,000

245

$520,000

240

$500,000

235 230

$480,000

225

$460,000

220

$440,000

215

2017

2018

2019

Average Sales Price

2020

Below $400K $400K - $600K $600K - $800K $800K and Up

2020 Total Units Sold

Units Sold

Units Sold %

Total Sales Volume

Total Sales Volume %

75

30.9%

$26,777,255

19.0%

86

35.4%

$41,932,685

29.7%

42

17.3%

$29,647,596

21.0%

40

16.5%

$42,707,050

30.3%

Q1 2020 Houston Market Update | 24


single family homes | Q1 2020

Hockley

Avg. List Price

Avg. Sales Price

Sales Price Median vs List Price Sales Price

Total Avg. Days Units Sold on Market

{2020 v 2019}

Change 2020 2019 2018 2017 2016

5%

5%

-

6%

7%

2%

$262,352

$251,409

96%

$232,900

97

84

$250,995

$240,536

96%

$219,900

91

83

$253,328

$236,734

93%

$203,000

65

143

$214,295

$203,483

95%

$186,900

55

78

$270,513

$253,080

94%

$180,000

43

69

Average Sales Price | Units Sold

$300,000

120

$250,000

100

$200,000

80

$150,000

60

$100,000

40

$50,000

20

$-

0

2017

2018

2019

Average Sales Price

2020

Below $200K $200K - $250K $250K - $300K $300K and Up 25 | Q1 2020 Houston Market Update

2020 Total Units Sold

Units Sold

Units Sold %

Total Sales Volume

Total Sales Volume %

31

32.0%

$4,915,410

20.2%

34

35.1%

$7,711,123

31.6%

17

17.5%

$4,607,288

18.9%

15

15.5%

$7,152,854

29.3%


at a glance Hockley

6

%

Change in Median Sales Price {2020 vs. 2019}

7

%

Change in Units Sold {2020 vs. 2019}

97

NEW WAVERLY

WAVERLY

Total Units Sold

233

K

$

NAVASOTA

WILLIS

MONTGOMERY

CLEVELAND

PLANTERSVILLE

Median Sales Price

WHITEHALL

CONROE

TODD MISSION

SPLENDORA MAGNOLIA

EGYPT PATTON VILLAGE

SHENANDOAH

WOODBRANCH THE WOODLANDS

45 PORTER HEIGHTS

NEW CANEY

99

249 HUFSMITH

TOMBALL

PORTER

99 290

WALLER

99

69

KLEIN

HOCKLEY

45

CHAMPION FOREST

EASTGATE

HUFFMAN

Rd y To ll

249

KINGWOOD

Ha rd

CYPRESS STATION

HUMBLE

TIMBERLANE ACRES

SPRING

STILSON

ATASCOCITA HARMASTON

CYPRESS 290

WILLOWBROOK

8

8

SUMMERWOOD

ALDINE

99

249

8 290

CROSBY DYERSDALE MT HOUSTON

JERSEY VILLAGE

Ha rd

COPPERFIELD PLACE

OAK FOREST/ GARDEN OAKS

FAIRBANKS/ NORTHWEST CROSSING

6

SPRING SHADOWS

8 NORTHWEST HOUSTON

ADDICKS

290 SPRING BRANCH EAST

SPRING BRANCH WEST

10

SPRING VALLEY VILLAGE

BARRETT

69

SHEPHERD PARK PLAZA AREA CENTAL NORTHWEST

610

SHEPHERD FOREST SHADY ACRES

NERGY

Rd y To ll

45 INDEPENDENCE HEIGHTS

8

TIMBERGROVE/ LAZYBROOK

HEIGHTS/GREATER HEIGHTS

NORTHSIDE VILLAGE

610

10

8


WILL

at a glance

MONTGOMERY

NAVASOTA

PLANTERSVILLE

Katy Area

WHITEHALL

TODD MISSION

Katy - Southeast

0

Katy - Southwest

%

MAGNOLIA

EGYPT

S

Change in Median Sales Price

THE WOODLAN

{2020 vs. 2019}

16 249

%

HUFSMITH

TOMBALL

99

Change in Units Sold

290

WALLER

{2020 vs. 2019}

99

739

HOCKLEY

CYPRESS

KLEIN

249

Total Units Sold

290

WILLOWBROOK

320

K

$

99

CHAMPION FOREST

COPPERFIELD PLACE

290

24

8

JERSEY VILLAGE

Median Sales Price FAIRBANKS/ NORTHWEST CROSSING

6

8 NORTHWEST HOUSTON

ADDICKS

MASON PARK

10

99 CINCO RANCH

10

ENERGY CORRIDOR

GEORGE BUSH PARK/ELDRIDGE

290

SPRING SHADOWS

SPRING BRANCH EAST

SPRING BRANCH WEST

SPRING VALLEY VILLAGE

10 MEMORIAL

6

BRIARFOREST

MEMORIAL HEDWIG CITY VILLAGE

10 HUNTERS CREEK VILLAGE

PINEY POINT VILLAGE

8

A

WOODLAKE/ BRIAR MEADOW

WESTCHASE

We st pa rk

To llw ay GULFTON

FULSHEAR

MISSION BEND

69

8

BE

ME

BRAEBURN

FOUR CORNERS

99

WESTB

6 69

8


single family homes | Q1 2020

Katy Area

Avg. List Price

Avg. Sales Price

Sales Price Median vs List Price Sales Price

Total Avg. Days Units Sold on Market

{2020 v 2019}

Change 2020 2019 2018 2017 2016

2%

1%

-

0%

16%

-9%

$379,206

$352,684

93%

$320,290

739

112

$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

Average Sales Price | Units Sold

$355,000

760 740

$350,000

720

$345,000

700

$340,000

680

$335,000

660 640

$330,000

620 $325,000

600

$320,000

580

2017

2018

2019

Average Sales Price

2020

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

2020 Total Units Sold

Units Sold

Units Sold %

Total Sales Volume

Total Sales Volume %

158

21.4%

$34,036,830

13.1%

296

40.1%

$88,874,502

34.1%

153

20.7%

$60,308,014

23.1%

132

17.9%

$77,414,009

29.7%

Q1 2020 Houston Market Update | 28


single family homes | Q1 2020

Kingwood Area

Avg. List Price

Avg. Sales Price

Sales Price Median vs List Price Sales Price

Total Avg. Days Units Sold on Market

{2020 v 2019}

Change 2020 2019 2018 2017 2016

-1%

-2%

-

-4%

24%

-12%

$288,550

$271,013

94%

$239,000

348

89

$291,082

$276,872

95%

$250,000

280

100

$288,495

$266,682

92%

$236,600

261

73

$276,051

$263,516

95%

$225,000

257

82

$298,203

$277,478

93%

$229,500

298

68

Average Sales Price | Units Sold

$280,000

400 350

$275,000

300 250

$270,000

200 $265,000

150 100

$260,000

50 0

$255,000

2017

2018

2019

Average Sales Price

2020

Below $200K $200K - $250K $250K - $300K $300K and Up 29 | Q1 2020 Houston Market Update

2020 Total Units Sold

Units Sold

Units Sold %

Total Sales Volume

Total Sales Volume %

98

28.2%

$16,839,122

17.9%

102

29.3%

$23,136,225

24.5%

57

16.4%

$15,566,871

16.5%

91

26.1%

$38,770,390

41.1%


at a glance Kingwood Area Kingwood East

-4

Kingwood NW/Oakhurst

%

Kingwood South Kingwood West

Change in Median Sales Price

WAVERLY

{2020 vs. 2019}

24

WAVERLY

%

Change in Units Sold {2020 vs. 2019}

WILLIS

348 Total Units Sold

CLEVELAND

239

CONROE

K

$

SPLENDORA

Median Sales Price PATTON VILLAGE

SHENANDOAH

WOODBRANCH

THE WOODLANDS

45 PORTER HEIGHTS

NEW CANEY

99

PORTER

SPRING

69

EASTGATE

HUFFMAN

Rd y To ll

45

KINGWOOD

H a rd

CYPRESS STATION

HUMBLE

TIMBERLANE ACRES

ATASCOCITA HARMASTON

8

8 ALDINE

SUMMERWOOD

DAYTON

STILSON


at a glance Lake Conroe

0

%

Change in Median Sales Price {2020 vs. 2019}

13

%

Change in Units Sold {2020 vs. 2019}

405 Total Units Sold

241

K

$

Median Sales Price

NEW WAVERLY

WAVERLY

45

WILLIS

MONTGOMERY

NAVASOTA

105

PLANTERSVILLE

CONROE

WHITEHALL

TODD MISSION


single family homes | Q1 2020

Lake Conroe

Avg. List Price

Avg. Sales Price

Sales Price Median vs List Price Sales Price

Total Avg. Days Units Sold on Market

{2020 v 2019}

Change 2020 2019 2018 2017 2016

$320,000

-5%

-3%

-

0%

13%

-16%

$321,350

$302,766

94%

$240,900

405

120

$337,155

$313,741

93%

$240,900

359

142

$306,212

$289,560

95%

$235,000

357

158

$290,322

$271,242

93%

$225,990

325

138

$301,765

$279,732

93%

$227,750

280

133

Average Sales Price | Units Sold

450

$310,000

400

$300,000

350 300

$290,000

250

$280,000

200

$270,000

150

$260,000

100

$250,000

50

$240,000

0

2017

2018

2019

Average Sales Price

2020

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

2020 Total Units Sold

Units Sold

Units Sold %

Total Sales Volume

Total Sales Volume %

100

24.7%

$16,218,982

13.2%

187

46.2%

$45,312,957

37.0%

50

12.3%

$17,764,157

14.5%

68

16.8%

$43,324,183

35.3%

Q1 2020 Houston Market Update | 32


single family homes | Q1 2020

League City

Avg. List Price

Avg. Sales Price

Sales Price Median vs List Price Sales Price

Total Avg. Days Units Sold on Market

{2020 v 2019}

Change 2020 2019 2018 2017 2016

5%

5%

-

2%

-6%

8%

$316,186

$303,506

96%

$276,000

374

79

$300,942

$287,784

96%

$271,399

397

73

$293,115

$282,072

96%

$267,000

385

85

$292,155

$280,161

96%

$252,225

402

72

$267,806

$255,871

96%

$236,500

377

60

Average Sales Price | Units Sold

$310,000

405

$305,000

400

$300,000

395

$295,000

390

$290,000

385

$285,000

380

$280,000

375

$275,000

370

$270,000

365

$265,000

360

2017

2018

2019

Average Sales Price

2020

Below $200K $200K - $250K $250K - $350K $350K and Up 33 | Q1 2020 Houston Market Update

2020 Total Units Sold

Units Sold

Units Sold %

Total Sales Volume

Total Sales Volume %

57

15.2%

$10,280,149

9.1%

83

22.2%

$18,945,308

16.7%

161

43.0%

$47,958,662

42.3%

73

19.5%

$36,327,265

32.0%


Copyright and credits: Patrick Feller

at a glance

SPLENDORA

PATTON VILLAGE

AH

WOODBRANCH

PORTER HEIGHTS

NEW CANEY

99

League City

PORTER

SPRING

2

KINGWOOD

69

%

Rd y To ll

45

EASTGATE

DAYTON

HUFFMAN

H a rd

RESS TION

HUMBLE

TIMBERLANE ACRES

STILSON

ATASCOCITA

HARMASTON

Change in Median Sales Price {2020 vs. 2019}

8

SUMMERWOOD

ALDINE

-6

%

CROSBY

DYERSDALE

8

MT HOUSTON H a rd

BARRETT

Rd y To ll

45 INDEPENDENCE HEIGHTS

69

Change in Units Sold {2020 vs. 2019}

L EST

610

D

SHADY ACRES

ROVE/ OOK

8

10

AKS HYDE PARK

10

DOWNTOWN HOUSTON SECOND WARD

MONTROSE MIDTOWN

EAST DOWNTOWN

45

69

GREATER EAST END

8 Total Units Sold

610 GALENA PARK

90 LAWNDALE/ WAYSIDE

RICE / MUSEUM ST RSITY CE SOUTHAMPTON

WEST/SOUTH UNION

90

MEADOWBROOK ALLENDALE

610

PASADENA

SOUTH MAIN

35 288

45

8

WILLIAM P. HOBBY AIRPORT

276

K

$

TEXAS MEDICAL CENTER

WOOD ACE

10

10

WOODLAND HEIGHTS

10

NGTON AVE/ RIAL PARK RICE MILITARY

WAY/ KIRBY

610

NORTHSIDE VILLAGE

HEIGHTS/GREATER HEIGHTS

10

374

SHEPHERD PARK PLAZA AREA

146

Median Sales Price

CENTRAL OUTHWEST

EL LAGO

SHADOW REEK RANCH

288

8

8

SEABROOK

PEARLAND

288

35

KEMAH

WEBSTER FRIENDSWOOD

45 LEAGUE CITY

146

DICKINSON

MANVEL

6

ALVIN

35

6

45


at a glance Magnolia Area Magnolia/1488 East

0

Magnolia/1488 West

%

Change in Median Sales Price {2020 vs. 2019}

17

%

Change in Units Sold {2020 vs. 2019}

238

NEW WAVERLY

WAVERLY

Total Units Sold

290

K

$

WILLIS

MONTGOMERY

NAVASOTA

Median Sales Price

PLANTERSVILLE

CONROE

WHITEHALL

TODD MISSION

MAGNOLIA

EGYPT

SHENANDOAH

THE WOODLANDS

45

PORTER HE

99

249 HUFSMITH

TOMBALL

99 SPRING

290

WALLER

99

KLEIN


single family homes | Q1 2020

Magnolia Area

Avg. List Price

Avg. Sales Price

Sales Price Median vs List Price Sales Price

Total Avg. Days Units Sold on Market

{2020 v 2019}

Change 2020 2019 2018 2017 2016

$450,000

-3%

-2%

-

0%

17%

-32%

$358,824

$341,451

95%

$290,168

238

93

$369,001

$349,251

95%

$289,500

204

138

$371,271

$348,309

94%

$277,500

182

136

$476,782

$418,016

88%

$264,250

172

120

$319,589

$300,511

94%

$242,000

160

118

Average Sales Price | Units Sold

250

$400,000 200

$350,000 $300,000

150

$250,000 $200,000

100

$150,000 $100,000

50

$50,000 $-

0

2017

2018

2019

Average Sales Price

2020

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

2020 Total Units Sold

Units Sold

Units Sold %

Total Sales Volume

Total Sales Volume %

45

18.9%

$7,057,980

8.7%

78

32.8%

$19,115,621

23.5%

47

19.7%

$16,311,900

20.1%

68

28.6%

$38,779,812

47.7%

Q1 2020 Houston Market Update | 36


single family homes | Q1 2020

Medical / Museum District Area

Avg. List Price

Avg. Sales Price

Sales Price Median vs List Price Sales Price

Total Avg. Days Units Sold on Market

{2020 v 2019}

Change 2020 2019 2018 2017 2016

8%

8%

-

5%

43%

-12%

$898,837

$837,328

93%

$590,000

76

132

$833,394

$777,052

93%

$562,000

53

149

$893,146

$838,883

94%

$675,150

50

132

$793,350

$723,743

91%

$500,000

61

124

$893,974

$822,909

92%

$660,000

35

78

Average Sales Price | Units Sold

$860,000

80

$840,000

70

$820,000

60

$800,000 $780,000

50

$760,000

40

$740,000

30

$720,000

20

$700,000 $680,000

10

$660,000

0

2017

2018

2019

Average Sales Price

2020

Below $400K $400K - $600K $600K - $800K $800K and Up 37 | Q1 2020 Houston Market Update

2020 Total Units Sold

Units Sold

Units Sold %

Total Sales Volume

Total Sales Volume %

33

43.4%

$9,830,200

15.4%

6

7.9%

$3,305,000

5.2%

7

9.2%

$4,802,700

7.5%

30

39.5%

$45,699,063

71.8%


KINGWOOD 69

KLEIN

Rd y To l l

CHAMPION FOREST

H a rd

at a glance

CYPRESS STATION

45

Medical / Museum District Area

OWBROOK

ATASCOC

HARMA

5

Medical Center Area Rice/Museum District

%

8

8

SUMMERWOO

ALDINE

Change in Median Sales Price

249

{2020 vs. 2019}

8

%

MT HOUSTON

{2020 vs. 2019} INDEPENDENCE

ST N

69

HEIGHTS

76

OAK FOREST/ GARDEN OAKS

290

SPRING SHADOWS

Rd y To l l

Change45in Units Sold FAIRBANKS/ NORTHWEST CROSSING

SHEPHERD PARK PLAZA AREA

CENTAL NORTHWEST

SPRING BRANCH EAST SPRING BRANCH WEST

610

SHEPHERD FOREST

Total Units Sold

SHADY ACRES

SPRING VALLEY VILLAGE

TIMBERGROVE/ LAZYBROOK

10

MEMORIAL CITY

HEDWIG VILLAGE

8

H a rd

43

Y VILLAGE

DYERSDALE

590 HEIGHTS/GREATER HEIGHTS

$

WOODLAND HEIGHTS

610

NORTHSIDE VILLAGE

8

K

10

HUNTERS CREEK VILLAGE

10

10

WASHINGTON AVE/ MEMORIAL PARK

RICE MILITARY

PINEY POINT VILLAGE

UPTOWN

8

RIVER OAKS

Median Sales PriceDOWNTOWN HOUSTON

610

SECOND WARD

HYDE PARK

AFTON OAKS

GREATER EAST END

MONTROSE

GALENA PARK

90

MIDTOWN

GREENWAY/ UPPER KIRBY

WOODLAKE/ BRIAR MEADOW

610

EAST DOWNTOWN

45

69

LAWNDALE/ WAYSIDE

RICE / MUSEUM

WEST UNIVERSITY PLACE

SOUTHAMPTON

GULFTON

69

8

TEXAS MEDICAL CENTER

SOUTHSIDE PLACE

BRAESWOOD PLACE

BELAIRE

WEST/SOUTH UNION

90 MEYERLAND AREA

MEADOWBROO K ALLENDALE

610

BRAEBURN WILLOW MEADOWS/ WILLOWBEND AREA

SOUTH MAIN

WESTBURY 35

90

288

8

CENTRAL SOUTHWEST

45

WILLIAM P. HOBBY AIRPORT

PASADENA


KLEIN

H a rd

45

Memorial Close-In

CHAMPION FOREST

Rd y To l l

249

-10

%

WILLOWBR OOK

Change in Median Sales Price {2020 vs. 2019}

8

20

ALDINE

%

249 8

Change in Units Sold {2020 vs. 2019}

290

H a rd

6

JERSEY VILLAGE

COPPERFIE LD PLACE

6

2

8

NORTHWEST HOUSTON

ADDICKS

290

SPRING SHADOWS

45

M

$

OAK FOREST/ GARDEN OAKS

FAIRBANKS/ NORTHWEST CROSSING

Rd y To l l

Total Units Sold

INDEPENDENCE HEIGHTS

SHEPHERD PARK PLAZA AREA

CENTAL Median Sales Price

SPRING BRANCH EAST

NORTHWEST

SPRING BRANCH WEST

610

SHEPHERD FOREST SHADY ACRES

SPRING VALLEY VILLAGE

ENERGY CORRIDOR

E

at a glance

CYPRESS STATION

10

10

MEMORIAL CITY

MEMORIAL

HEIGHTS/GREATER HEIGHTS

TIMBERGROVE/ LAZYBROOK

HEDWIG VILLAGE

WOODLAND HEIGHTS

10

HUNTERS CREEK VILLAGE

WASHINGTON AVE/ MEMORIAL PARK RICE MILITARY

PINEY POINT VILLAGE

6

UPTOWN

8

DOWN HOU

RIVER OAKS

610

HYDE PARK

BRIARFOREST AFTON OAKS

WOODLAKE/ BRIAR MEADOW

MONTROSE MIDTOWN

GREENWAY/ UPPER KIRBY

69

WESTCHASE

WEST

RICE / MUSEUM


single family homes | Q1 2020

Memorial Close-In

Avg. List Price

Avg. Sales Price

Sales Price Median vs List Price Sales Price

Total Avg. Days Units Sold on Market

{2020 v 2019}

Change 2020 2019 2018 2017 2016

7%

8%

-

-10%

20%

316%

$2,989,833

$2,785,583

93%

$1,988,750

6

356

$2,796,000

$2,569,500

92%

$2,200,000

5

85

$1,904,900

$1,718,350

90%

$1,675,750

10

350

$2,859,000

$2,085,500

73%

$890,000

5

219

$5,165,817

$4,332,085

84%

$3,523,755

6

97

$3,000,000

Average Sales Price | Units Sold

12

$2,500,000

10

$2,000,000

8

$1,500,000

6

$1,000,000

4

$500,000

2

$-

0

2017

2018

2019

Average Sales Price

2020

Below $1.5M $1.5M - $2.5M $2.5M - $3.5M $3.5M and Up

2020 Total Units Sold

Units Sold

Units Sold %

Total Sales Volume

Total Sales Volume %

2

33.3%

$1,369,000

8.2%

2

33.3%

$3,977,500

23.8%

-

0.0%

$0

0.0%

2

33.3%

$11,367,000

68.0%

Q1 2020 Houston Market Update | 40


single family homes | Q1 2020

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

{2020 v 2019}

Change 2020 2019 2018 2017 2016

-3%

-3%

-

0%

23%

-7%

$516,090

$490,122

95%

$440,000

111

145

$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

Average Sales Price | Units Sold

$700,000

120

$600,000

100

$500,000

80

$400,000 60 $300,000 40

$200,000

20

$100,000 $-

0

2017

2018

2019

Average Sales Price

2020

Below $350K $350K - $450K $450K - $550K $550K and Up 41 | Q1 2020 Houston Market Update

2020 Total Units Sold

Units Sold

Units Sold %

Total Sales Volume

Total Sales Volume %

16

14.4%

$4,705,890

8.6%

44

39.6%

$17,891,350

32.9%

23

20.7%

$11,264,700

20.7%

28

25.2%

$20,541,641

37.8%


at a glance

CYPRESS STATION H a rd Rd y To l l

PION EST

45

Memorial Park / Washington Corridor Area

0

Memorial Park Rice Military/Washington Corridor

%

Washington East/Sabine

8

Change in Median Sales Price

8

{2020 vs. 2019}

ALDINE

23

%

249

DYERSDAL E

Change in Units Sold

MT HOUSTON

{2020 vs. 2019}

H a rd

111

Rd y To l l

45

Total Units Sold

$

290

G WS

CENTAL NORTHWEST

SPRING BRANCH EAST

440 INDEPENDENCE HEIGHTS

OAK FOREST/ GARDEN OAKS

FAIRBANKS/ NORTHWEST CROSSING

69

K

SHEPHERD PARK PLAZA AREA

Median Sales Price 610

SHEPHERD FOREST SHADY ACRES

610

NORTHSIDE VILLAGE

SPRING VALLEY VILLAGE

HEIGHTS/GREATER HEIGHTS

TIMBERGROVE/ LAZYBROOK

10

AL HEDWIG VILLAGE

WOODLAND HEIGHTS

10

HUNTERS CREEK VILLAGE

10

WASHINGTON AVE/ MEMORIAL PARK RICE MILITARY

PINEY POINT VILLAGE

UPTOWN

610

SECOND WARD

HYDE PARK

AFTON OAKS

WOODLAKE/ BRIAR MEADOW

DOWNTOW N HOUSTON

RIVER OAKS

GREATER EAST END

MONTROSE

90

MIDTOWN

GREENWAY/ UPPER KIRBY

45

69 WEST UNIVERSITY PLACE

EAST DOWNTOWN

RICE / MUSEUM

LAWNDALE/ WAYSIDE

610

GALENA


KLEIN

at a glance

Ha

249

CYPRESS STATION

45

CHAMPION Memorial FOREST

Villages

ESS 290

3

%

WILLOWBR OOK

Change in8 Median Sales Price {2020 vs. 2019}

9

%

249

8

Change in Units Sold

290

{2020 vs. 2019}

JERSEY VILLAGE

COPPERFIE LD PLACE

49 Total Units Sold FAIRBANKS/ NORTHWEST CROSSING

6

8

NORTHWEST HOUSTON

ADDICKS

290

SPRING SHADOWS

SPRING BRANCH EAST

1.5

INDEPENDENCE HEIGHTS

OAK FOREST/ GARDEN OAKS

M

$

Median Sales Price

SPRING BRANCH WEST

SHEPHERD PAR PLAZA AREA

CENTAL NORTHWEST

SHEPHERD FOREST SHADY ACRES

SPRING VALLEY VILLAGE

ENERGY CORRIDOR

GEORGE BUSH PARK/ELDR IDGE

10

10

MEMORIAL CITY

MEMORIAL

TIMBERGROVE/ LAZYBROOK

HEDWIG VILLAGE

10

HUNTERS CREEK VILLAGE

WASHINGTON AVE/ MEMORIAL PARK

RICE MILITAR PINEY POINT VILLAGE

6

UPTOWN

8

RIVER OAKS

610

BRIARFOREST AFTON OAKS

WOODLAKE/ BRIAR MEADOW

GREENWAY/ UPPER KIRBY

69

WESTCHASE

WEST UNIVERSITY PLACE

RIC


single family homes | Q1 2020

Memorial Villages

Avg. List Price

Avg. Sales Price

Sales Price Median vs List Price Sales Price

Total Avg. Days Units Sold on Market

{2020 v 2019}

Change 2020 2019 2018 2017 2016

6%

3%

-

3%

9%

5%

$1,910,655

$1,694,120

89%

$1,540,000

49

172

$1,805,444

$1,650,551

91%

$1,500,000

45

163

$1,739,563

$1,560,883

90%

$1,370,000

45

121

$1,708,415

$1,568,347

92%

$1,420,000

51

146

$1,565,892

$1,400,955

89%

$1,100,000

29

129

$1,750,000

Average Sales Price | Units Sold

52 51

$1,700,000

50 49

$1,650,000

48 $1,600,000

47 46

$1,550,000

45 44

$1,500,000

43 $1,450,000

42

2017

2018

2019

Average Sales Price

2020

Below $750K $750K - $1.25M $1.25M - $1.75M $1.75M and Up

2020 Total Units Sold

Units Sold

Units Sold %

Total Sales Volume

Total Sales Volume %

4

8.2%

$2,730,000

3.3%

15

30.6%

$14,987,750

18.1%

12

24.5%

$18,629,563

22.4%

18

36.7%

$46,664,585

56.2%

Q1 2020 Houston Market Update | 44


single family homes | Q1 2020

Memorial West

Avg. List Price

Avg. Sales Price

Sales Price Median vs List Price Sales Price

Total Avg. Days Units Sold on Market

{2020 v 2019}

Change 2020 2019 2018 2017 2016

12%

12%

-

10%

1%

16%

$832,178

$774,548

93%

$680,000

75

164

$743,322

$690,253

93%

$620,000

74

141

$635,620

$573,461

90%

$510,330

98

107

$801,256

$744,618

93%

$662,500

88

108

$945,523

$861,101

91%

$712,500

66

96

Average Sales Price | Units Sold

$900,000

120

$800,000

100

$700,000 $600,000

80

$500,000

60

$400,000 $300,000

40

$200,000

20

$100,000 $-

0

2017

2018

2019

Average Sales Price

2020

Below $500K $500K - $750K $750K - $1M $1M and Up 45 | Q1 2020 Houston Market Update

2020 Total Units Sold

Units Sold

Units Sold %

Total Sales Volume

Total Sales Volume %

16

21.3%

$6,830,950

11.8%

27

36.0%

$16,687,330

28.7%

17

22.7%

$14,448,550

24.9%

15

20.0%

$20,124,294

34.6%


CYPRESS STATION H a rd

at a glance

45

CHAMPION FOREST

Memorial West

10

290

Rd y To l l

249

WILLOWBR OOK

%

8

Change in Median Sales Price

AL

{2020 vs. 2019}

1

%

290

249 8

Change in UnitsVILLAGE Sold JERSEY {2020 vs. 2019}

COPPERFIE LD PLACE

75

45

Total Units Sold

680

$

6

K

8

290

SPRING SHADOWS

NORTHWEST HOUSTON

ADDICKS

INDEPENDENCE HEIGHTS

OAK FOREST/ GARDEN OAKS

FAIRBANKS/ NORTHWEST CROSSING

SHEPHERD PARK PLAZA AREA

CENTAL NORTHWEST

SPRING BRANCH EAST

SPRING Median Sales PriceBRANCH WEST

610

SHEPHERD FOREST SHADY ACRES

SPRING VALLEY VILLAGE

ENERGY CORRIDOR

GE BUSH ELDRIDGE

10

10

MEMORIAL CITY

MEMORIAL

HEIGHTS/GREAT HEIGHTS

TIMBERGROVE/ LAZYBROOK

HEDWIG VILLAGE

10

HUNTERS CREEK VILLAGE

WASHINGTON AVE/ MEMORIAL PARK RICE MILITARY

PINEY POINT VILLAGE

6

UPTOWN

8

RIVER OAKS

610

HYDE PARK

BRIARFOREST AFTON OAKS

WOODLAKE/ BRIAR MEADOW

MONTROSE

M

GREENWAY/ UPPER KIRBY

69

WESTCHASE

k To ll w a y

WEST UNIVERSITY PLACE

RICE / MUSEUM

SOUTHAMPTON


WILLOWBR OOK

at a glance 8

ALDINE

249

8 290

Meyerland

JERSEY VILLAGE

OAK FOREST/ GARDEN OAKS

NORTHWEST HOUSTON

ADDICKS

45

INDEPENDENCE HEIGHTS

{2020 vs. 2019}

22

290

SPRING SHADOWS

8

%

Change in Median Sales Price

FAIRBANKS/ NORTHWEST CROSSING

6

y To l

14

H a rd

COPPERFIE LD PLACE

%

CENTAL NORTHWEST

SPRING BRANCH EAST SPRING BRANCH WEST

SHEPHERD PARK PLAZA AREA

610

SHEPHERD FOREST

ACRES Change inSHADY Units Sold

{2020 vs. 2019}

45

SPRING VALLEY VILLAGE

ENERGY CORRIDOR

10

10

MEMORIAL CITY

MEMORIAL

HEDWIG VILLAGE

HEIGHTS/GREATER HEIGHTS

TIMBERGROVE/ LAZYBROOK

HUNTERS CREEK VILLAGE

WOODLAND HEIGHTS

10

WASHINGTON AVE/ MEMORIAL PARK

Total Units Sold

RICE MILITARY

PINEY POINT VILLAGE

E

6

359

UPTOWN

8

610

BRIARFOREST

$

AFTON OAKS

HYDE PARK

MONTROSE MIDTOWN

GREENWAY/ UPPER KIRBY

WOODLAKE/ BRIAR MEADOW

DOW HOU

K

RIVER OAKS

Median Sales Price 69

WESTCHASE

To ll w a y We s tp a rk

SOUTHAMPTON

69

8

TEXAS MEDICAL CENTER

SOUTHSIDE PLACE

GULFTON

BEND

RICE / MUSEUM

WEST UNIVERSITY PLACE

BRAESWOOD PLACE

BELAIRE

90 MEYERLAND AREA

BRAEBURN

ORNERS

WILLOW MEADOWS/ WILLOWBEND AREA

SOUTH MAIN

WESTBURY

6

90

69

288

8

CENTRAL


single family homes | Q1 2020

Meyerland

Avg. List Price

Avg. Sales Price

Sales Price Median vs List Price Sales Price

Total Avg. Days Units Sold on Market

{2020 v 2019}

Change 2020 2019 2018 2017 2016

-1%

-2%

-

14%

22%

-20%

$414,800

$370,718

89%

$359,000

45

170

$420,281

$379,043

90%

$315,000

37

214

$370,086

$328,751

89%

$299,500

82

88

$500,081

$469,365

94%

$410,000

51

101

$450,560

$409,314

91%

$380,850

43

107

$500,000

Average Sales Price | Units Sold

90

$450,000

80

$400,000

70

$350,000

60

$300,000

50

$250,000

40

$200,000

30

$150,000 $100,000

20

$50,000

10

$-

0

2017

2018

2019

Average Sales Price

2020

Below $300K $300K - $400K $400K - $500K $500K and Up

2020 Total Units Sold

Units Sold

Units Sold %

Total Sales Volume

Total Sales Volume %

17

37.8%

$4,282,000

25.7%

14

31.1%

$5,025,000

30.1%

10

22.2%

$4,365,832

26.2%

4

8.9%

$3,009,500

18.0%

Q1 2020 Houston Market Update | 48


single family homes | Q1 2020

North Cypress and Tomball

Avg. List Price

Avg. Sales Price

Sales Price Median vs List Price Sales Price

Total Avg. Days Units Sold on Market

{2020 v 2019}

Change 2020 2019 2018 2017 2016

0%

2%

-

2%

0%

-20%

$320,485

$306,372

96%

$265,000

507

82

$319,816

$301,570

94%

$259,232

506

102

$290,977

$276,916

95%

$240,000

456

97

$295,173

$276,677

94%

$238,000

467

98

$289,241

$273,527

95%

$233,050

482

75

Average Sales Price | Units Sold

$310,000

520

$305,000

510

$300,000

500

$295,000

490

$290,000 $285,000

480

$280,000

470

$275,000

460

$270,000

450

$265,000 $260,000

440

$255,000

430

2017

2018

2019

Average Sales Price

2020

Below $200K $200K - $300K $300K - $400K $400K and Up 49 | Q1 2020 Houston Market Update

2020 Total Units Sold

Units Sold

Units Sold %

Total Sales Volume

Total Sales Volume %

73

14.4%

$12,376,885

8.0%

258

50.9%

$63,583,804

40.9%

88

17.4%

$30,292,430

19.5%

88

17.4%

$49,077,470

31.6%


at a glance North Cypress and Tomball

2

%

Change in Median Sales Price {2020 vs. 2019}

0

%

NEW WAVERLY

WAVERLY

Change in Units Sold {2020 vs. 2019}

507

WILLIS

MONTGOMERY

Total Units Sold

265

PLANTERSVILLE

K

$

WHITEHALL

TODD MISSION

MAGNOLIA

CLEVELAND

CONROE

SPLENDORA

Median Sales Price

EGYPT PATTON VILLAGE

SHENANDOAH

WOODBRANCH THE WOODLANDS

45 PORTER HEIGHTS

NEW CANEY

99

249 HUFSMITH

TOMBALL

PORTER

99 SPRING

290

WALLER

99

69

KLEIN

45

CHAMPION FOREST

HUFFMAN

Rd y To ll

249

KINGWOOD

H a rd

CYPRESS STATION

HOCKLEY

HUMBLE

TIMBERLANE ACRES

ATASCOCITA HARMASTON

CYPRESS 290

WILLOWBROOK

8

8

SUMMERWOOD

ALDINE

99 8 JERSEY VILLAGE

249

CROSBY DYERSDALE MT HOUSTON H a rd

COPPERFIELD PLACE

290

8 BARRETT

y


TOMBALL

SPRING

Oak Forest / Shepherd Park Plaza Area

KLEIN

Oak Forest East AreaCYPRESS STATION Oak Forest West Area

%

Rd y To l l

249

6

H a rd

Shepherd Park Plaza Area

Change in Median Sales Price 45

CHAMPION FOREST

{2020 vs. 2019}

18

%

WILLOWBR OOK

Change in Units Sold {2020 vs. 2019}

154

8

ALDINE

Total Units Sold

386

249

290

K

$

8

JERSEY VILLAGE

H a rd

RFIELD ACE

Median Sales Price

Rd y To l l

45

8

NORTHWEST HOUSTON

INDEPENDENCE HEIGHTS

OAK FOREST/ GARDEN OAKS

FAIRBANKS/ NORTHWEST CROSSING

ICKS

GY DOR

at a glance

99

290

SPRING SHADOWS

SPRING BRANCH EAST SPRING BRANCH WEST

SHEPHERD PARK PLAZA AREA

CENTAL NORTHWEST

610

SHEPHERD FOREST SHADY ACRES

NORTHSIDE VILLAGE

SPRING VALLEY VILLAGE

10

10

TIMBERGROVE/ LAZYBROOK

HEIGHTS/GREATER HEIGHTS

WOODLAND HEIGHTS


single family homes | Q1 2020

Oak Forest / Shepherd Park Plaza Area

Avg. List Price

Avg. Sales Price

Sales Price Median vs List Price Sales Price

Total Avg. Days Units Sold on Market

{2020 v 2019}

Change 2020 2019 2018 2017 2016

7%

8%

-

6%

18%

-18%

$484,552

$462,952

96%

$385,750

154

82

$452,187

$429,679

95%

$363,150

130

100

$467,413

$447,866

96%

$364,750

156

90

$419,111

$398,522

95%

$362,500

158

102

$424,456

$396,313

93%

$338,500

117

89

$480,000

Average Sales Price | Units Sold

180 160

$460,000

140

$440,000

120 100

$420,000

80

$400,000

60 40

$380,000

20

$360,000

0

2017

2018

2019

Average Sales Price

2020

Below $300K $300K - $500K $500K - $700K $700K and Up

2020 Total Units Sold

Units Sold

Units Sold %

Total Sales Volume

Total Sales Volume %

42

27.3%

$10,918,868

15.3%

63

40.9%

$23,831,565

33.4%

27

17.5%

$15,653,672

22.0%

22

14.3%

$20,890,440

29.3%

Q1 2020 Houston Market Update | 52


single family homes | Q1 2020

Pearland

Avg. List Price

Avg. Sales Price

Sales Price Median vs List Price Sales Price

Total Avg. Days Units Sold on Market

{2020 v 2019}

Change 2020 2019 2018 2017 2016

5%

5%

-

3%

7%

20%

$302,571

$290,221

96%

$272,000

403

85

$288,526

$277,038

96%

$263,980

378

71

$291,449

$276,086

95%

$260,000

411

70

$281,681

$269,577

96%

$252,000

482

66

$279,539

$269,843

97%

$248,000

484

49

Average Sales Price | Units Sold

$295,000

600

$290,000

500

$285,000 400

$280,000

300

$275,000 $270,000

200

$265,000 100

$260,000 $255,000

0

2017

2018

2019

Average Sales Price

2020

Below $200K $200K - $250K $250K - $350K $350K and Up 53 | Q1 2020 Houston Market Update

2020 Total Units Sold

Units Sold

Units Sold %

Total Sales Volume

Total Sales Volume %

36

8.9%

$6,230,150

5.3%

103

25.6%

$23,639,610

20.2%

188

46.7%

$54,960,773

47.0%

76

18.9%

$32,128,485

27.5%


at a glance WILLIS

ONTGOMERY

CLEVELAND

CONROE

Pearland

3

EGYPT

%

SHENANDOAH

THE WOODLANDS

SPLENDORA

45

PATTON VILLAGE WOODBRANCH

PORTER HEIGHTS

249 HUFSMITH

NEW CANEY

99

Change in Median Sales Price {2020 vs. 2019}

TOMBALL

SPRING

99

H a rd Rd y To ll

249

45

CHAMPION FOREST

HUMBLE

TIMBERLANE ACRES

%

KLEIN CYPRESS STATION

PORTER

7

99

KINGWOOD

69

EASTGATE

HUFFMAN

HARMASTON

{2020 vs. 2019}

290

WILLOWBROOK

403 8

8

SUMMERWOOD

ALDINE

249

8 290

JERSEY VILLAGE

Rd y To ll

45

8 NORTHWEST HOUSTON

ADDICKS

290

SPRING SHADOWS

SHEPHERD PARK PLAZA AREA CENTAL NORTHWEST

SPRING BRANCH EAST

SPRING BRANCH WEST

GEORGE BUSH PARK/ELDRIDGE

SPRING VALLEY VILLAGE

10

MEMORIAL HEDWIG CITY VILLAGE

MEMORIAL

6

BRIARFOREST

10

UPTOWN

RIVER OAKS

610

HYDE PARK

We stp ark

GREENWAY/ UPPER KIRBY

69

8

FOUR CORNERS

69

8

GALENA PARK

LAWNDALE/ WAYSIDE

WEST/SOUTH UNION

90

MEADOWBROOK ALLENDALE

610

WILLOW MEADOWS/ WILLOWBEND AREA

WESTBURY

6

610

90

Median Sales Price

MEYERLAND AREA

BRAEBURN

GREATER EAST END

TEXAS MEDICAL CENTER

BRAESWOOD PLACE

BELAIRE

EAST DOWNTOWN

45

WEST UNIVERSITY PLACE SOUTHAMPTON

SOUTHSIDE PLACE

GULFTON

MISSION BEND

MIDTOWN

69 RICE / MUSEUM

Tol lwa y

10 10

DOWNTOWN HOUSTON SECOND WARD

MONTROSE

WOODLAKE/ BRIAR MEADOW

272

10

8

10

WASHINGTON AVE/ MEMORIAL PARK RICE MILITARY

AFTON OAKS

WESTCHASE

WOODLAND HEIGHTS

K

610

NORTHSIDE VILLAGE

HEIGHTS/GREATER HEIGHTS

10

HUNTERS CREEK VILLAGE

PINEY POINT VILLAGE

8

TIMBERGROVE/ LAZYBROOK

BARRETT

69

$

610

SHEPHERD FOREST SHADY ACRES

ENERGY CORRIDOR

8

Total Units Sold

INDEPENDENCE HEIGHTS

OAK FOREST/ GARDEN OAKS

FAIRBANKS/ NORTHWEST CROSSING

6

CROSBY

DYERSDALE

MT HOUSTON

H a rd

COPPERFIELD PLACE

99

STILSON

ATASCOCITA

Change in Units Sold

YPRESS

10

DAYTON

PASADENA

SOUTH MAIN

35

90

288

8

45

146

8

WILLIAM P. HOBBY AIRPORT

CENTRAL SOUTHWEST

8

8

8

EL LAGO

69

6

SHADOW CREEK RANCH

SEABROOK

PEARLAND

288

35

KEMAH

WEBSTER FRIENDSWOOD

45 LEAGUE CITY

6

146

DICKINSON

MANVEL

6

288

ALVIN


at a glance Porter / New Caney Area Porter/New Caney East

-1

Porter/New Caney West

%

Change in Median Sales Price {2020 vs. 2019}

29

%

Change in Units Sold

NEW WAVERLY

{2020 vs. 2019}

238

WAVERLY

Total Units Sold

WILLIS

222

MONTGOMERY

K

$

CLEVELAND

RSVILLE

Median Sales Price

CONROE

TODD MISSION

SPLENDORA MAGNOLIA

EGYPT PATTON VILLAGE

SHENANDOAH

WOODBRANCH THE WOODLANDS

45 PORTER HEIGHTS

NEW CANEY

99

249 HUFSMITH

TOMBALL

PORTER

99 SPRING

99

69

KLEIN

HOCKLEY

CHAMPION FOREST

CYPRESS 290

WILLOWBROOK

45

Rd y To ll

249

KINGWOOD EASTGATE

HUFFMAN

H a rd

CYPRESS STATION

HUMBLE

TIMBERLANE ACRES

ATASCOCITA HARMASTON

DAYT

STILSON


single family homes | Q1 2020

Porter / New Caney Area

Avg. List Price

Avg. Sales Price

Sales Price Median vs List Price Sales Price

Total Avg. Days Units Sold on Market

{2020 v 2019}

Change 2020 2019 2018 2017 2016

0%

-1%

-

-1%

29%

6%

$250,494

$233,118

93%

$222,250

238

110

$249,642

$235,503

94%

$225,000

184

105

$250,139

$234,053

94%

$225,000

172

119

$245,961

$230,349

94%

$238,490

161

115

$235,093

$220,003

94%

$208,632

141

89

$236,000

Average Sales Price | Units Sold

250

$235,000 200

$234,000 $233,000

150

$232,000 $231,000

100

$230,000 $229,000

50

$228,000 $227,000

0

2017

2018

2019

Average Sales Price

2020

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

2020 Total Units Sold

Units Sold

Units Sold %

Total Sales Volume

Total Sales Volume %

80

33.6%

$12,210,207

22.0%

81

34.0%

$18,173,220

32.8%

33

13.9%

$8,969,489

16.2%

44

18.5%

$16,129,095

29.1%

Q1 2020 Houston Market Update | 56


single family homes | Q1 2020

River Oaks Area

Avg. List Price

Avg. Sales Price

Sales Price Median vs List Price Sales Price

Total Avg. Days Units Sold on Market

{2020 v 2019}

Change 2020 2019 2018 2017 2016

3%

3%

-

11%

57%

12%

$2,466,134

$2,291,176

93%

$1,697,000

33

164

$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

Average Sales Price | Units Sold

$2,500,000

35 30

$2,000,000

25 $1,500,000

20 15

$1,000,000

10 $500,000

5

$-

0

2017

2018

2019

Average Sales Price

2020

Below $1M $1M - $1.5M $1.5M - $2.5M $2.5M and Up 57 | Q1 2020 Houston Market Update

2020 Total Units Sold

Units Sold

Units Sold %

Total Sales Volume

Total Sales Volume %

8

24.2%

$5,846,050

7.7%

7

21.2%

$8,744,900

11.6%

8

24.2%

$15,355,625

20.3%

10

30.3%

$45,662,218

60.4%


H a rd

at a glance

Rd y To l l

HAMPION FOREST

45

River Oaks Area

OOK

Briar Hollow

11

Greenway8Plaza

8

%

Highland Village/Midlane River Oaks Area Royden Oaks/ Afton Oaks

ALDINE

Change in Median Sales Price

249

{2020 vs. 2019}

DYERSDA

57

MT HOUSTON H a rd

%

AGE

Rd y To l l

Change in Units Sold {2020 vs. 2019}

33

INDEPENDENCE HEIGHTS

OAK FOREST/ GARDEN OAKS

FAIRBANKS/ NORTHWEST CROSSING

290

SPRING SHADOWS

45

69

SHEPHERD PARK PLAZA AREA

Total Units Sold

1.7

CENTAL NORTHWEST

SPRING BRANCH EAST

M

$

SPRING NCH WEST

SHEPHERD FOREST

610

SHADY ACRES

HEIGHTS/GREATER HEIGHTS

Median Sales Price

SPRING VALLEY VILLAGE

TIMBERGROVE/ LAZYBROOK

10

MORIAL CITY

HEDWIG VILLAGE

610

NORTHSIDE VILLAGE

WOODLAND HEIGHTS

10

HUNTERS CREEK VILLAGE

10

WASHINGTON AVE/ MEMORIAL PARK RICE MILITARY

PINEY POINT VILLAGE

UPTOWN

DOWNTOW N HOUSTON

RIVER OAKS

610 AFTON OAKS

GREATER EAST END

MONTROSE

EAST DOWNTOWN

90

MIDTOWN

GREENWAY/ UPPER KIRBY

WOODLAKE/ BRIAR MEADOW

SECOND WARD

HYDE PARK

45

69 WEST UNIVERSITY PLACE

RICE / MUSEUM

SOUTHAMPTON

GULFTON

69

TEXAS MEDICAL CENTER

SOUTHSIDE PLACE

BELAIRE

BRAESWOOD PLACE

90

WEST/SOUTH UNION

LAWNDALE/ WAYSIDE

610

GA


CYPRESS STATION H a rd

at a glance

Rd y To l l

249

45

CHAMPION FOREST

River Oaks Proper

WILLOWBR OOK

6

8

%

8

ALDINE

Change in Median Sales Price {2020 vs. 2019}

63

249 8 290

%

JERSEY VILLAGE

MT HOU H a rd

Change in Units Sold

Rd y To l l

{2020 vs. 2019}

13

45

NORTHWEST HOUSTON

Total Units Sold

290

SPRING SHADOWS

8

INDEPENDENCE HEIGHTS

OAK FOREST/ GARDEN OAKS

FAIRBANKS/ NORTHWEST CROSSING

SHEPHERD PARK PLAZA AREA

SPRING BRANCH WEST

3.7

M

$

CENTAL NORTHWEST

SPRING BRANCH EAST

610

SHEPHERD FOREST SHADY ACRES

Median Sales Price SPRING VALLEY VILLAGE

10

MEMORIAL

HEDWIG VILLAGE

NORTHSIDE VILLAGE

HEIGHTS/GREATER HEIGHTS

TIMBERGROVE/ LAZYBROOK

10

MEMORIAL CITY

69

WOODLAND HEIGHTS

10

HUNTERS CREEK VILLAGE

WASHINGTON AVE/ MEMORIAL PARK RICE MILITARY

PINEY POINT VILLAGE

UPTOWN

8

DOWNTOW N HOUSTON

RIVER OAKS

610

SECOND WARD

HYDE PARK

BRIARFOREST AFTON OAKS

MONTROSE

GREENWAY/ UPPER KIRBY

WOODLAKE/ BRIAR MEADOW

EAST DOWNTOWN MIDTOWN

45

69

WESTCHASE

WEST UNIVERSITY PLACE

To ll w a y We s tp a rk

RICE / MUSEUM

SOUTHAMPTON TEXAS MEDICAL CENTER

SOUTHSIDE PLACE

GULFTON BELAIRE

BRAESWOOD


single family homes | Q1 2020

River Oaks Proper

Avg. List Price

Avg. Sales Price

Sales Price Median vs List Price Sales Price

Total Avg. Days Units Sold on Market

{2020 v 2019}

Change 2020 2019 2018 2017 2016

5%

2%

-

6%

63%

23%

$4,273,808

$3,887,248

91%

$3,680,000

13

183

$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

$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

2017

2018

2019

Average Sales Price

2020 Total Units Sold

2020

Units Sold

Units Sold %

Total Sales Volume

Total Sales Volume %

Below $2M $2M - $3M $3M - $4M $4M and Up

3

23.1%

$4,872,000

9.6%

-

0.0%

$0

0.0%

5

38.5%

$17,627,218

34.9%

5

38.5%

$28,035,000

55.5%

Q1 2020 Houston Market Update | 60


single family homes | Q1 2020

Spring Area

Avg. List Price

Avg. Sales Price

Sales Price Median vs List Price Sales Price

Total Avg. Days Units Sold on Market

{2020 v 2019}

Change 2020 2019 2018 2017 2016

9%

8%

-

4%

9%

-5%

$310,132

$291,179

94%

$251,745

970

90

$285,534

$269,744

94%

$243,000

894

95

$281,483

$263,635

94%

$228,000

843

101

$268,855

$253,261

94%

$219,000

797

90

$271,801

$254,973

94%

$212,000

806

78

Average Sales Price | Units Sold

$300,000

1,200

$290,000

1,000

$280,000

800

$270,000 600 $260,000 400

$250,000 $240,000

200

$230,000

0

2017

2018

2019

Average Sales Price

2020

Below $200K $200K - $300K $300K - $400K $400K and Up 61 | Q1 2020 Houston Market Update

2020 Total Units Sold

Units Sold

Units Sold %

Total Sales Volume

Total Sales Volume %

222

22.9%

$38,808,065

13.7%

446

46.0%

$109,572,092

38.8%

169

17.4%

$57,928,387

20.5%

133

13.7%

$76,135,025

27.0%


at a glance Spring Area Champions Area

4

Spring Northeast

%

Spring/Klein

Change in Median Sales Price {2020 vs. 2019}

9

%

Change in Units Sold {2020 vs. 2019}

970 NEW WAVERLY

WAVERLY

Total Units Sold

252 WILLIS

K

$

MONTGOMERY

PLANTERSVILLE

CLEVELAND

CONROE

Median Sales Price TODD MISSION

SPLENDORA MAGNOLIA

EGYPT PATTON VILLAGE

SHENANDOAH

WOODBRANCH THE WOODLANDS

45 PORTER HEIGHTS

NEW CANEY

99

249 HUFSMITH

TOMBALL

PORTER

99 290

WALLER

99

69

KLEIN

45

CHAMPION FOREST

EASTGATE

HUFFMAN ATASCOCITA

To ll Rd

249

KINGWOOD

H ardy

CYPRESS STATION

HOCKLEY

HUMBLE

TIMBERLANE ACRES

SPRING

HARMASTON

CYPRESS 290

WILLOWBROOK

8

8

SUMMERWOOD

ALDINE

99 8 290

JERSEY VILLAGE

249

CROSBY DYERSDALE MT HOUSTON H ardy

COPPERFIELD PLACE

8 BARRETT

DAYTON

STILSON


at a glance

PLANTERSVILLE

TODD MISSION

CONROE

Spring Branch MAGNOLIA

5

EGYPT

%

SHENANDOAH

THE WOODLANDS

45

Change in Median Sales Price PORTER HEIGHT {2020 vs. 2019}

6

249 HUFSMITH

99

%

TOMBALL

99

Change in SPRING Units Sold {2020 vs. 2019}

99

243

KLEIN

45 Total Units Sold

CHAMPION FOREST

340

K

$

CYPRESS 290

Rd y To ll

249

H a rd

CYPRESS STATION

HOCKLEY

WILLOWBROOK

8

Median Sales Price

99

249

8 290

MT HOUST

JERSEY VILLAGE

H a rd

COPPERFIELD PLACE

8

ALDINE

Rd y To ll

45

6

8 NORTHWEST HOUSTON

ADDICKS

INDEPENDENCE HEIGHTS

OAK FOREST/ GARDEN OAKS

FAIRBANKS/ NORTHWEST CROSSING

290

SPRING SHADOWS

SHEPHERD PARK PLAZA AREA CENTAL NORTHWEST

SPRING BRANCH EAST

SPRING BRANCH WEST

610

SHEPHERD FOREST SHADY ACRES

MASON PARK

99 CINCO RANCH

10

ENERGY CORRIDOR

GEORGE BUSH PARK/ELDRIDGE

6

SPRING VALLEY VILLAGE

10

MEMORIAL HEDWIG CITY VILLAGE

MEMORIAL

BRIARFOREST

8

TIMBERGROVE/ LAZYBROOK

10

ay

WOODLAKE/ BRIAR MEADOW

WOODLAND HEIGHTS

10

WASHINGTON AVE/ MEMORIAL PARK RICE MILITARY UPTOWN

RIVER OAKS

610

HYDE PARK

AFTON OAKS

WESTCHASE

NORTHSIDE VILLAGE

HEIGHTS/GREATER HEIGHTS

10

HUNTERS CREEK VILLAGE

PINEY POINT VILLAGE

69

DOWNTOWN HOUSTON SECOND WARD

MONTROSE GREENWAY/ UPPER KIRBY

MIDTOWN

69

RICE / MUSEUM WEST UNIVERSITY PLACE SOUTHAMPTON

EAST DOWNTOWN

45

GRE EAST

LAW W


single family homes | Q1 2020

Spring Branch

Avg. List Price

Avg. Sales Price

Sales Price Median vs List Price Sales Price

Total Avg. Days Units Sold on Market

{2020 v 2019}

Change 2020 2019 2018 2017 2016

10%

11%

-

5%

6%

24%

$442,021

$417,683

94%

$340,000

243

140

$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

$430,000

Average Sales Price | Units Sold

300

$420,000

250

$410,000 $400,000

200

$390,000

150

$380,000 $370,000

100

$360,000

50

$350,000 $340,000

0

2017

2018

2019

Average Sales Price

2020

Below $300K $300K - $400K $400K - $500K $500K and Up

2020 Total Units Sold

Units Sold

Units Sold %

Total Sales Volume

Total Sales Volume %

81

33.3%

$19,585,990

19.3%

76

31.3%

$26,141,325

25.8%

36

14.8%

$16,318,644

16.1%

50

20.6%

$39,451,053

38.9%

Q1 2020 Houston Market Update | 64


single family homes | Q1 2020

Tanglewood / Galleria Area

Avg. List Price

Avg. Sales Price

Sales Price Median vs List Price Sales Price

Total Avg. Days Units Sold on Market

{2020 v 2019}

Change 2020 2019 2018 2017 2016

-13%

-9%

-

7%

-2%

9%

$1,126,442

$1,058,819

94%

$885,000

47

180

$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

Average Sales Price | Units Sold

$1,400,000

58 56

$1,200,000

54

$1,000,000

52

$800,000

50 $600,000

48

$400,000

46

$200,000

44 42

$-

2017

2018

2019

Average Sales Price

2020

Below $500K $500K - $1M $1M - $1.5M $1.5M and Up 65 | Q1 2020 Houston Market Update

2020 Total Units Sold

Units Sold

Units Sold %

Total Sales Volume

Total Sales Volume %

5

10.6%

$1,985,500

4.0%

21

44.7%

$14,754,660

29.6%

11

23.4%

$13,525,920

27.2%

10

21.3%

$19,498,400

39.2%


STATION H a rd Rd y To l l

at a glance

249

45

CHAMPION FOREST

Tanglewood / Galleria Area

WILLOWBR OOK Briargrove

7

Charnwood/Briarbend

%

Galleria Tanglewood Area

8

8

ALDINE

Change in Median Sales Price {2020 vs. 2019}

-2

8 290

249

%

JERSEY VILLAGE

MT HOUSTON H a rd Rd y To l l

Change in Units Sold {2020 vs. 2019}

FAIRBANKS/ NORTHWEST CROSSING

NORTHWEST HOUSTON

INDEPENDENCE HEIGHTS

OAK FOREST/ GARDEN OAKS

290

Total Units Sold

SPRING SHADOWS

8

47

45

SHEPHERD PARK PLAZA AREA

885

K

$

SPRING BRANCH EAST SPRING BRANCH WEST

CENTAL NORTHWEST

610

SHEPHERD FOREST SHADY ACRES

NORTHSIDE VILLAGE

Median Sales Price SPRING VALLEY VILLAGE

10

MORIAL

HEIGHTS/GREATER HEIGHTS

TIMBERGROVE/ LAZYBROOK

10

MEMORIAL CITY

HEDWIG VILLAGE

69

WOODLAND HEIGHTS

10

HUNTERS CREEK VILLAGE

10

WASHINGTON AVE/ MEMORIAL PARK RICE MILITARY

PINEY POINT VILLAGE

UPTOWN

8

DOWNTOW N HOUSTON

RIVER OAKS

610

SECOND WARD

HYDE PARK

GREATER EAST END

BRIARFOREST AFTON OAKS

MONTROSE

90

MIDTOWN

GREENWAY/ UPPER KIRBY

WOODLAKE/ BRIAR MEADOW

EAST DOWNTOWN

45

69

WESTCHASE

WEST UNIVERSITY PLACE

y a rk To ll w a

RICE / MUSEUM

SOUTHAMPTON

GULFTON

69

TEXAS MEDICAL CENTER

SOUTHSIDE PLACE

BELAIRE

BRAESWOOD PLACE

WEST/SOUTH

LAWNDA WAYSID


at a glance

WILLOWB ROOK

Tanglewood 8 Proper

249 8

A

-43

%

Change in Median Sales Price

290

{2020 vs. 2019}

JERSEY VILLAGE

ELD

20

%

Change in Units Sold

45

{2020 vs. 2019}

NORTHW EST HOUSTO N

S

290

SPRING SHADOWS

8

6

INDEPENDENCE HEIGHTS

OAK FOREST/ GARDEN OAKS

FAIRBANKS/ NORTHWEST CROSSING

SHEPHERD PARK PLAZA AREA

Total Units Sold SPRING BRANCH EAST

1.4

$

SPRING BRANCH WEST

CENTAL NORTHWEST

M 610

SHEPHERD FOREST

SHADY ACRES

Median Sales Price

SPRING VALLEY VILLAGE

10

10

MEMORIA L CITY

MEMORIA L

HEIGHTS/G HEIGH

TIMBERGROVE/ LAZYBROOK

HEDWIG VILLAGE

10

HUNTERS CREEK VILLAGE

WASHINGTON AVE/ MEMORIAL PARK RICE MILITARY

PINEY POINT VILLAGE

UPTOWN

8

RIVER OAKS

610

HYDE PARK

BRIARFOREST AFTON OAKS

WOODLAKE/ BRIAR MEADOW

MONTROSE

GREENWAY/ UPPER KIRBY

69

WESTCHASE

WEST

RICE / MUSEUM


single family homes | Q1 2020

Tanglewood Proper

Avg. List Price

Avg. Sales Price

Sales Price Median vs List Price Sales Price

Total Avg. Days Units Sold on Market

{2020 v 2019}

Change 2020 2019 2018 2017 2016

-52%

-48%

-

-43%

20%

-72%

$1,571,500

$1,469,500

94%

$1,406,000

6

62

$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

$3,000,000

Average Sales Price | Units Sold

9 8

$2,500,000

7

$2,000,000

6 5

$1,500,000

4

$1,000,000

3 2

$500,000

1

$-

0

2017

2018

2019

Average Sales Price

2020

Below $1.25M $1.25M - $1.55M $1.55M - $2.55M $2.55M and Up

2020 Total Units Sold

Units Sold

Units Sold %

Total Sales Volume

Total Sales Volume %

2

33.3%

$2,145,000

24.3%

2

33.3%

$2,812,000

31.9%

2

33.3%

$3,860,000

43.8%

-

0.0%

$0

0.0%

Q1 2020 Houston Market Update | 68


single family homes | Q1 2020

The Woodlands

Avg. List Price

Avg. Sales Price

Sales Price Median vs List Price Sales Price

Total Avg. Days Units Sold on Market

{2020 v 2019}

Change 2020 2019 2018 2017 2016

5%

5%

-

12%

2%

-12%

$512,825

$476,530

93%

$397,750

378

109

$487,925

$454,769

93%

$355,000

372

123

$465,591

$437,848

94%

$352,000

346

126

$501,164

$465,900

93%

$336,500

376

132

$509,862

$454,358

89%

$316,928

346

110

Average Sales Price | Units Sold

$480,000

390

$470,000

380

$460,000

370

$450,000 360 $440,000 350

$430,000 $420,000

340

$410,000

330

2017

2018

2019

Average Sales Price

2020

Below $300K $300K - $400K $400K - $500K $500K and Up 69 | Q1 2020 Houston Market Update

2020 Total Units Sold

Units Sold

Units Sold %

Total Sales Volume

Total Sales Volume %

107

28.3%

$25,833,938

14.3%

85

22.5%

$29,906,430

16.6%

64

16.9%

$28,573,172

15.9%

122

32.3%

$95,814,735

53.2%


at a glance The Woodlands

12

%

Change in Median Sales Price {2020 vs. 2019}

2

%

Change in Units Sold {2020 vs. 2019} NEW WAVERLY

378

WAVERLY

Total Units Sold

398 WILLIS

K

$

MONTGOMERY

PLANTERSVILLE

CLEVELAND

Median Sales Price CONROE

TODD MISSION

SPLENDORA MAGNOLIA

EGYPT PATTON VILLAGE

SHENANDOAH

WOODBRANCH THE WOODLANDS

45 PORTER HEIGHTS

NEW CANEY

99

249 HUFSMITH

TOMBALL

PORTER

99 SPRING

99

69

KLEIN

HOCKLEY

CYPRESS

CHAMPION FOREST

45

Rd y To ll

249

KINGWOOD EASTGATE

HUFFMAN

H a rd

CYPRESS STATION

HUMBLE

TIMBERLANE ACRES

ATASCOCITA HARMASTON

STILSO


d To l l R

249

45

CHAMPION FOREST

at a glance

WILLOWBR OOK

West U / Southside

8

8

ALDINE

14

249 8 290

JERSEY VILLAGE

%

Change in Median Sales Price

H a rd

{2020 vs. 2019}

NORTHWEST HOUSTON

Change in Units Sold

44

SHEPHERD PARK PLAZA AREA

CENTAL NORTHWEST

SPRING BRANCH EAST SPRING BRANCH WEST

610

SHEPHERD FOREST

Total Units Sold

SHADY ACRES

SPRING VALLEY VILLAGE

10

MEMORIAL

1.4

HEDWIG VILLAGE

NORTHSIDE VILLAGE

M

$

HEIGHTS/GREATER HEIGHTS

TIMBERGROVE/ LAZYBROOK

10

MEMORIAL CITY

69

{2020 vs. 2019}

290

SPRING SHADOWS

8

INDEPENDENCE HEIGHTS

OAK FOREST/ GARDEN OAKS

Rd y To l l

-15

%

45

FAIRBANKS/ NORTHWEST CROSSING

MT HOUS

WOODLAND HEIGHTS

10

HUNTERS CREEK VILLAGE

Median Sales Price

WASHINGTON AVE/ MEMORIAL PARK RICE MILITARY

PINEY POINT VILLAGE

UPTOWN

8

DOWNTOW N HOUSTON

RIVER OAKS

610

SECOND WARD

HYDE PARK

BRIARFOREST AFTON OAKS

MONTROSE MIDTOWN

GREENWAY/ UPPER KIRBY

WOODLAKE/ BRIAR MEADOW

EAST DOWNTOWN

45

69

WESTCHASE RICE / MUSEUM

WEST UNIVERSITY PLACE

To ll w a y We s tp a rk

SOUTHAMPTON

GULFTON

8

69

TEXAS MEDICAL CENTER

SOUTHSIDE PLACE

BRAESWOOD PLACE

BELAIRE

90 MEYERLAND AREA

WEST/SOUTH UNION

610

BRAEBURN WILLOW MEADOWS/

SOUTH MAIN


single family homes | Q1 2020

West U / Southside

Avg. List Price

Avg. Sales Price

Sales Price Median vs List Price Sales Price

Total Avg. Days Units Sold on Market

{2020 v 2019}

Change 2020 2019 2018 2017 2016

18%

20%

-

14%

-15%

82%

$1,604,996

$1,538,581

96%

$1,352,270

44

168

$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

$1,800,000

Average Sales Price | Units Sold

70

$1,600,000

60

$1,400,000

50

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

40

$800,000

30

$600,000

20

$400,000 10

$200,000 $-

0

2017

2018

2019

Average Sales Price

2020 Total Units Sold

2020

Units Sold

Units Sold %

Total Sales Volume

Total Sales Volume %

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

7

15.9%

$5,219,000

7.7%

22

50.0%

$28,209,554

41.7%

7

15.9%

$11,925,000

17.6%

8

18.2%

$22,344,000

33.0%

Q1 2020 Houston Market Update | 72


single family homes | Q1 2020

Willow Meadows

Avg. List Price

Avg. Sales Price

Sales Price Median vs List Price Sales Price

Total Avg. Days Units Sold on Market

{2020 v 2019}

Change 2020 2019 2018 2017 2016

-3%

2%

-

-1%

-41%

-18%

$355,724

$328,926

92%

$285,000

17

131

$365,659

$322,297

88%

$287,900

29

160

$367,375

$328,550

89%

$279,500

32

92

$334,016

$309,295

93%

$300,000

39

103

$349,952

$323,274

92%

$308,000

45

102

Average Sales Price | Units Sold

$335,000

45

$330,000

40

$325,000

35 30

$320,000

25

$315,000

20

$310,000

15

$305,000

10

$300,000

5

$295,000

0

2017

2018

2019

Average Sales Price

2020

Below $275K $275K - $375K $375K - $475K $475K and Up 73 | Q1 2020 Houston Market Update

2020 Total Units Sold

Units Sold

Units Sold %

Total Sales Volume

Total Sales Volume %

6

35.3%

$1,578,240

28.2%

6

35.3%

$1,770,500

31.7%

3

17.6%

$1,168,000

20.9%

2

11.8%

$1,075,000

19.2%


8

at a glance

8

8

ALDINE

249

Willow Meadows

RSEY VILLAGE

MT HOUSTON H a rd

%

HWEST STON

INDEPENDENCE HEIGHTS

Change in Median Sales Price 290

SPRING SHADOWS

8

45

OAK FOREST/ GARDEN OAKS

FAIRBANKS/ NORTHWEST CROSSING

Rd y To l l

-1

69

{2020 vs. 2019} SHEPHERD PARK PLAZA AREA

-41

%

CENTAL NORTHWEST

SPRING BRANCH EAST SPRING BRANCH WEST

610

SHEPHERD FOREST SHADY ACRES

Change in Units Sold SPRING VALLEY VILLAGE

10

MEMORIAL CITY

HEDWIG VILLAGE

HUNTERS CREEK VILLAGE

17

HEIGHTS/GREATER HEIGHTS

TIMBERGROVE/ LAZYBROOK

WOODLAND HEIGHTS

10 RICE MILITARY

285 UPTOWN

$

8

10

WASHINGTON AVE/ MEMORIAL PARK

Total Units Sold PINEY POINT VILLAGE

RIVER OAKS

610

K

DOWNTOW N HOUSTON

Median Sales Price

GREATER EAST END

MONTROSE

EAST DOWNTOWN

90

MIDTOWN

GREENWAY/ UPPER KIRBY

HASE

SECOND WARD

HYDE PARK

AFTON OAKS

WOODLAKE/ BRIAR MEADOW

610

NORTHSIDE VILLAGE

{2020 vs. 2019}

45

69

LAWNDALE/ WAYSIDE

RICE / MUSEUM

WEST UNIVERSITY PLACE

SOUTHAMPTON

GULFTON

69

8

TEXAS MEDICAL CENTER

SOUTHSIDE PLACE

BRAESWOOD PLACE

BELAIRE

WEST/SOUTH UNION

90 MEYERLAND AREA

610

BRAEBURN WILLOW MEADOWS/ WILLOWBEND AREA

SOUTH MAIN

WESTBURY 35

90

288

8

CENTRAL SOUTHWEST

WI HOBB


Thank You.

Healthcare Professionals First Responders Sanitation Teams Grocery Store Clerks Delivery Carriers Restaurant Workers Caregivers Utility Workers Waste Collectors Warehouse Workers Generious Neighbors Heroes and Helpers And so many more

In good times and bad, always committed.

Sotheby’s International Realty® is a registered trademark. Operated by Sotheby’s International Realty, Inc.


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