Q2 2020 | Houston Market Update

Page 1

Q2 | 2020

Houston

Market Update

Sugar Land 5324 Palm Royale Boulevard | Offered at $9,900,000

sothebysrealty.com/id/38369298


2

A Message from Marilyn

21 3

Atascocita Area Bellaire

Braeswood Place

23 5

Greater Heights Area

25 7

Briargrove Park/Walnutbend

Hockley

27 9

Central Area

13

Cypress South Area

Katy Area

29 Kingwood Area 31 Lake Conroe

11

Clear Lake

33 15

East End Revitalized Energy Corridor

Index | Q2 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

Q2 2020 Houston Market Update | Index


8844 CHATSWORTH DRIVE

Offered at $2,800,000 sothebysrealty.com/id/45099003 5607 WHITEHAVEN STREET

Offered at $1,375,000 sothebysrealty.com/id/77467269 2415 BRIARMEAD DRIVE

Offered at $1,199,999 sothebysrealty.com/id/52764295 1114 AUTREY STREET

Offered at $998,700 sothebysrealty.com/id/7029986 *in order from left to right, top to bottom

1 | Q2 2020 Houston Market Update


a message from

Marilyn Thompson Houston President

As we continue to navigate these unprecedented times, the health and safety of our community is our top priority. We quickly adapted to conduct business and support our clients looking to buy, sell, or rent homes by utilizing our exclusive Virtual Agent Playbook, virtual open houses, and video tours. We invite you to review a summary of sales activity in the Houston market area during the second quarter of 2020, based on closed production from April - June 2020. The Houston Association of Realtors reports the following market data for this quarter, which is compared here for the same period of 2019. Closed sales from the second quarter do not tell a complete story regarding the housing recovery in the Houston market. Heading into the third quarter, we wanted to bring your attention to additional positive indicators: • Eight continuous weeks of higher showing activity vs. same time period the year before • Extremely low mortgage rates • More signed contracts in June 2020 vs. June 2019 Like always, we are committed to providing the highest quality service and will to continue to support our clients with a suite of virtual marketing tools that are proving effective with buyers today. We hope you find this market report to be a valuable resource and we look forward to working with you to meet your real estate needs. If you have any questions about the Houston market, please do not hesitate to reach out to me or any of our 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.

Q2 2020 Houston Market Update | 2


at a glance Atascocita Area Atascocita South Summerwood Fall Creek

NEW WAVERLY

WAVERLY

-4

%

Change in Median Sales Price {2020 vs. 2019}

16

WILLIS

MONTGOMERY

%

Change in Units Sold {2020 vs. 2019}

CLEVELAND

591

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

255

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 | Q2 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

-1%

-1%

-

-4%

16%

4%

$292,415

$280,305

96%

$255,000

591

88

$294,739

$283,625

96%

$264,995

511

85

$283,345

$273,511

97%

$249,725

469

92

$280,745

$269,656

96%

$246,500

467

81

$576,238

$252,793

44%

$231,269

474

63

Average Sales Price | Units Sold

$285,000

700 600

$280,000

500 $275,000

400 300

$270,000

200 $265,000

100

$260,000

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 %

93

15.7%

$16,937,869

10.2%

188

31.8%

$42,903,781

25.9%

129

21.8%

$35,284,989

21.3%

181

30.6%

$70,533,337

42.6%

Q2 2020 Houston Market Update | 4


single family homes | Q2 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

3%

3%

-

5%

-44%

13%

$978,907

$897,061

92%

$860,000

46

160

$953,241

$870,432

91%

$816,000

82

142

$1,023,663

$941,329

92%

$930,000

67

104

$1,079,566

$1,025,661

95%

$1,003,500

76

93

$1,108,250

$1,026,172

93%

$1,000,000

79

87

Average Sales Price | Units Sold

$1,050,000

90 80

$1,000,000

70

$950,000

60 50

$900,000

40

$850,000

30 20

$800,000

10

$750,000

0

2017

2018

2019

Average Sales Price

2020

Below $500K $500K - $750K $750K - $1M $1M and Up 5 | Q2 2020 Houston Market Update

2020 Total Units Sold

Units Sold

Units Sold %

Total Sales Volume

Total Sales Volume %

11

23.9%

$4,026,750

9.8%

3

6.5%

$2,212,500

5.4%

16

34.8%

$14,017,750

34.0%

16

34.8%

$21,007,800

50.9%


at a glance

ILLOWBRO OK

8

8

ALDINE

Bellaire 249 8

5

D

%

RSEY VILLAGE

MT HOUSTON H a rd Rd y To l l

Change in Median Sales Price {2020 vs. 2019}

290

SPRING SHADOWS

8

-44

%

OAK FOREST/ GARDEN OAKS

FAIRBANKS/ NORTHWEST CROSSING

45

Change in Units Sold

69

INDEPENDENCE HEIGHTS

SHEPHERD PARK PLAZA AREA

{2020 vs. 2019}

WEST TON

46

CENTAL NORTHWEST

SPRING BRANCH EAST SPRING BRANCH WEST

610

SHEPHERD FOREST

SPRING VALLEY VILLAGE

10

MEMORIAL CITY

HEDWIG VILLAGE

HUNTERS CREEK VILLAGE

PINEY POINT VILLAGE

SHADY ACRES

610

NORTHSIDE VILLAGE HEIGHTS/GREATER HEIGHTS

TIMBERGROVE/ Total Units Sold LAZYBROOK

860

K

$

WOODLAND HEIGHTS

10

10

WASHINGTON AVE/ MEMORIAL PARK RICE MILITARY

DOWNTOW N HOUSTON

UPTOWN

RIVER OAKS Median Sales Price

8

610

SECOND WARD

HYDE PARK

AFTON OAKS

GREATER EAST END

MONTROSE

90

MIDTOWN

GREENWAY/ UPPER KIRBY

WOODLAKE/ BRIAR MEADOW

EAST DOWNTOWN

45

69

SE

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

22

JERSEY VILLAGE

69

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

290

SPRING SHADOWS

8

NORTHWEST HOUSTON

-57

INDEPENDENCE HEIGHTS

OAK FOREST/ GARDEN OAKS

FAIRBANKS/ NORTHWEST CROSSING

Change in Units Sold

CENTAL NORTHWEST

SPRING BRANCH EAST SPRING BRANCH WEST

{2020 vs. 2019}

13 610

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

790 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 | Q2 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%

0%

-

22%

-57%

-41%

$892,462

$849,435

95%

$790,000

13

72

$900,476

$847,180

94%

$645,711

30

121

$836,095

$785,376

94%

$600,000

42

82

$1,027,094

$977,453

95%

$1,075,000

31

140

$879,496

$827,790

94%

$714,500

28

144

$1,200,000

Average Sales Price | Units Sold

45 40

$1,000,000

35

$800,000

30 25

$600,000

20

$400,000

15 10

$200,000

5

$-

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 %

3

23.1%

$1,299,000

11.8%

6

46.2%

$4,571,500

41.4%

2

15.4%

$2,188,000

19.8%

2

15.4%

$2,984,150

27.0%

Q2 2020 Houston Market Update | 8


single family homes | Q2 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

-2%

-1%

-

-8%

14%

0%

$507,269

$476,420

94%

$438,450

56

135

$518,657

$482,842

93%

$475,040

49

135

$491,364

$462,058

94%

$430,000

63

72

$507,273

$486,291

96%

$467,000

62

86

$446,089

$424,215

95%

$410,000

47

66

Average Sales Price | Units Sold

$490,000

70

$485,000

60

$480,000

50

$475,000 $470,000

40

$465,000

30

$460,000

20

$455,000 10

$450,000 $445,000

0

2017

2018

2019

Average Sales Price

2020

Below $350K $350K - $450K $450K - $550K $550K and Up 9 | Q2 2020 Houston Market Update

2020 Total Units Sold

Units Sold

Units Sold %

Total Sales Volume

Total Sales Volume %

15

26.8%

$4,413,200

16.5%

16

28.6%

$6,610,431

24.8%

11

19.6%

$5,399,100

20.2%

14

25.0%

$10,256,800

38.4%


CYPRESS STATION H a rd

at a glance

Rd y To l l

249

45

CHAMPION FOREST

Briargrove Park / Walnutbend

90

WILLOWBR OOK

-8

%

8

AL

Change in Median Sales Price {2020 vs. 2019}

290

COPPERFIE LD PLACE

14

249 8

%

JERSEY VILLAGE

Change in Units Sold {2020 vs. 2019}

56

45

Total Units Sold

438

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

-15

8

%

MT HOUSTON

JERSEY VILLAGE

H a rd

Rd y To l l

Change in Units Sold {2020 vs. 2019}

87

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

636

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 | Q2 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

1%

0%

-

3%

-15%

55%

$765,115

$725,510

95%

$636,459

87

188

$756,675

$723,728

96%

$617,500

102

122

$725,322

$683,846

94%

$577,450

112

100

$735,998

$691,725

94%

$627,294

104

118

$684,094

$649,268

95%

$600,000

115

159

Average Sales Price | Units Sold

$740,000

120

$730,000

100

$720,000 80

$710,000

60

$700,000 $690,000

40

$680,000 20

$670,000 $660,000

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

24.1%

$8,880,339

14.1%

39

44.8%

$23,952,907

37.9%

16

18.4%

$13,656,952

21.6%

11

12.6%

$16,629,144

26.3%

Q2 2020 Houston Market Update | 12


single family homes | Q2 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

4%

1%

-

4%

-15%

21%

$325,604

$304,128

93%

$270,000

279

76

$313,211

$302,213

96%

$260,000

327

63

$319,957

$309,931

97%

$270,000

338

64

$309,033

$280,785

91%

$245,500

315

55

$279,770

$270,408

97%

$242,757

327

44

Average Sales Price | Units Sold

$315,000

400

$310,000

350

$305,000

300

$300,000 $295,000

250

$290,000

200

$285,000

150

$280,000

100

$275,000 $270,000

50

$265,000

0

2017

2018

2019

Average Sales Price

2020

Below $200K $200K - $250K $250K - $350K $350K and Up 13 | Q2 2020 Houston Market Update

2020 Total Units Sold

Units Sold

Units Sold %

Total Sales Volume

Total Sales Volume %

31

11.1%

$5,407,750

6.4%

88

31.5%

$20,050,291

23.6%

102

36.6%

$30,017,364

35.4%

58

20.8%

$29,376,172

34.6%


at a glance

SPLENDORA

PATTON VILLAGE

WOODBRANCH

RTER HEIGHTS

NEW CANEY

99

Clear Lake PORTER

HUMBLE

TIMBERLANE ACRES

4

KINGWOOD

69

%

EASTGATE

DAYTON

HUFFMAN ATASCOCITA

Change in Median Sales Price {2020 vs. 2019}

HARMASTON

8

STILSON

-15

%

SUMMERWOOD

CROSBY

DYERSDALE

Change in Units Sold

8

MT HOUSTON

{2020 vs. 2019}

BARRETT

279

69

610

SIDE GE

8

10

10

Total Units Sold

270

10 10

$

10

OWN ON SECOND WARD EAST DOWNTOWN

45

GREATER EAST END

610

8

GALENA PARK

90 LAWNDALE/ WAYSIDE

K

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

3

WILLIS

%

Change in Median Sales Price {2020 vs. 2019}

3

PLANTERSVILLE

%

WHITEHALL

TODD MISSION

CONRO

Change in Units Sold {2020 vs. 2019}

1,141

MAGNOLIA

EGYPT

SHENANDO

THE WOODLANDS

45

Total Units Sold 249

245

$

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 | Q2 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

5%

4%

-

3%

3%

0%

$289,376

$278,447

96%

$245,000

1,141

59

$275,609

$266,485

97%

$237,788

1,111

59

$266,564

$253,717

95%

$224,000

1,168

90

$245,477

$233,999

95%

$204,995

1,178

61

$245,308

$232,200

95%

$200,000

1,029

63

Average Sales Price | Units Sold

$290,000

1,200

$280,000

1,180

$270,000

1,160

$260,000

1,140

$250,000 1,120

$240,000

1,100

$230,000 $220,000

1,080

$210,000

1,060

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 %

309

27.1%

$53,882,390

17.0%

501

43.9%

$122,794,655

38.7%

177

15.5%

$59,827,362

18.8%

154

13.5%

$81,203,969

25.6%

Q2 2020 Houston Market Update | 16


single family homes | Q2 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

-8%

-8%

-

-5%

-23%

13%

$282,777

$273,987

97%

$286,883

88

88

$307,954

$296,445

96%

$302,050

114

78

$291,200

$274,821

94%

$299,175

118

103

$276,854

$259,877

94%

$253,500

79

70

$269,477

$251,513

93%

$254,500

72

79

Average Sales Price | Units Sold

$300,000

140 120

$290,000

100

$280,000

80 $270,000 60 $260,000

40

$250,000

20

$240,000

0

2017

2018

2019

Average Sales Price

2020

Below $250K $250K - $350K $350K - $450K $450K and Up 17 | Q2 2020 Houston Market Update

2020 Total Units Sold

Units Sold

Units Sold %

Total Sales Volume

Total Sales Volume %

37

42.0%

$6,062,888

25.1%

33

37.5%

$9,971,137

41.4%

12

13.6%

$4,693,804

19.5%

6

6.8%

$3,383,000

14.0%


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}

-23

8 ALDINE

% SUMMERWO OD

Change in Units Sold {2020 vs. 2019}

88

CROSBY

DYERSDALE

8

MT HOUSTON H a rd Rd y To l l

45 INDEPENDENCE HEIGHTS

OAK FOREST/ GARDEN OAKS

69

Total Units Sold

287

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

2

WILLOWBR OOK

%

Change in Median Sales Price {2020 vs. 2019}

99

-18

%

8

290

COPPERFIE LD PLACE

JERSEY Change in UnitsVILLAGE Sold {2020 vs. 2019}

141 Total Units Sold

342

$

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 | Q2 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

-10%

-11%

-

2%

-18%

18%

$395,202

$367,298

93%

$342,000

141

141

$439,474

$410,986

94%

$334,000

172

119

$422,958

$391,081

92%

$332,500

175

97

$400,462

$379,996

95%

$344,000

165

84

$410,261

$389,336

95%

$341,780

138

58

Average Sales Price | Units Sold

$420,000

200 180

$410,000

160

$400,000

140

$390,000

120

$380,000

100

$370,000

80 60

$360,000

40

$350,000

20

$340,000

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 %

25

17.7%

$5,199,898

10.0%

51

36.2%

$15,286,550

29.5%

36

25.5%

$14,366,388

27.7%

29

20.6%

$16,936,176

32.7%

Q2 2020 Houston Market Update | 20


single family homes | Q2 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

-2%

-1%

-

-8%

-19%

-27%

$362,280

$352,391

97%

$275,000

206

51

$369,784

$354,767

96%

$299,500

255

70

$338,081

$315,252

93%

$265,200

300

49

$334,165

$318,048

95%

$244,000

218

45

$343,386

$327,830

95%

$271,889

224

67

Average Sales Price | Units Sold

$370,000

350

$360,000

300

$350,000

250

$340,000

200

$330,000 150

$320,000

100

$310,000 $300,000

50

$290,000

0

2017

2018

2019

Average Sales Price

2020

Below $200K $200K - $300K $300K - $400K $400K and Up 21 | Q2 2020 Houston Market Update

2020 Total Units Sold

Units Sold

Units Sold %

Total Sales Volume

Total Sales Volume %

27

13.1%

$4,746,750

6.5%

83

40.3%

$19,589,250

27.0%

30

14.6%

$10,499,400

14.5%

66

32.0%

$37,757,150

52.0%


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

-8

Rd y To ll

45

Rd y To ll

INDEPENDENCE HEIGHTS

69

SHEPHERD PARK PLAZA AREA

WOODLAND HEIGHTS

10

HYDE PARK

MIDTOWN

EAST DOWNTOWN

45

69

Total Units Sold

275

K

$

MEADOWBROOK ALLENDALE

610

WILLOW MEADOWS/ WILLOWBEND AREA

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

10

8

HEIGHTS/GREATER HEIGHTS

RIVER OAKS

SOUTHSIDE PLACE

BARRETT

206

610

NORTHSIDE VILLAGE

WASHINGTON AVE/ MEMORIAL PARK RICE MILITARY

GREENWAY/ UPPER KIRBY

%

{2020 vs. 2019}

610

SHADY ACRES

610

CROSBY

Change in Units Sold

CENTAL NORTHWEST

N OAKS

-19 8

H a rd

45

PTOWN

%

{2020 vs. 2019} DYERSDALE

10

STILSON

Change in Median Sales Price SUMMERWOOD

MT HOUSTON

TIMBERGROVE/ LAZYBROOK

HUFFMAN

HARMASTON

8

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

KLEIN

CYPRESS STATION

H a rd

Greater Heights Area Rd y To l l

249

at a glance 45

Heights/Greater Heights

CHAMPION FOREST

-3

Timbergrove/Lazybrook

%

WILLOWBR OOK

Change in Median Sales Price {2020 vs. 2019}

-19 8

8

ALDINE

%

Change in Units Sold {2020 vs. 2019}

357

249 8

MT HOUSTON

JERSEY VILLAGE

H a rd

Total Units Sold

Rd y To l l

511

NORTHWEST HOUSTON

Median Sales Price

290

SPRING SHADOWS

8

INDEPENDENCE HEIGHTS

OAK FOREST/ GARDEN OAKS

K

$

45

FAIRBANKS/ NORTHWEST CROSSING

69

SHEPHERD PARK PLAZA AREA

CENTAL NORTHWEST

SPRING BRANCH EAST

SPRING BRANCH WEST

610

SHEPHERD FOREST SHADY ACRES

610

NORTHSIDE VILLAGE

SPRING VALLEY VILLAGE

HEIGHTS/GREATER HEIGHTS

TIMBERGROVE/ LAZYBROOK

10

MEMORIAL CITY

L

HEDWIG VILLAGE

WOODLAND HEIGHTS

10

HUNTERS CREEK VILLAGE

10

WASHINGTON AVE/ MEMORIAL PARK RICE MILITARY

PINEY POINT VILLAGE

DOWNTOW N HOUSTON

UPTOWN RIVER OAKS

8

610

SECOND WARD

HYDE PARK

GREATER EAST END

RIARFOREST AFTON OAKS

MONTROSE

EAST DOWNTOWN MIDTOWN


single family homes | Q2 2020

Greater Heights 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%

-4%

-

-3%

-19%

-9%

$602,097

$580,117

96%

$511,153

357

71

$617,971

$602,270

97%

$525,000

442

78

$607,709

$569,467

94%

$500,000

469

94

$560,515

$539,643

96%

$457,000

441

88

$550,878

$521,882

95%

$449,000

403

115

Average Sales Price | Units Sold

$610,000

500

$600,000

450

$590,000

400

$580,000

350

$570,000

300

$560,000

250

$550,000

200

$540,000

150

$530,000 $520,000

100

$510,000

50

$500,000

0

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 %

76

21.3%

$27,387,322

13.2%

170

47.6%

$83,771,132

40.4%

65

18.2%

$45,007,164

21.7%

46

12.9%

$50,936,083

24.6%

Q2 2020 Houston Market Update | 24


single family homes | Q2 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

-1%

0%

-

3%

-11%

-19%

$238,712

$235,086

98%

$216,900

122

58

$242,292

$235,001

97%

$210,900

137

72

$233,524

$227,299

97%

$203,950

112

167

$247,575

$231,094

93%

$199,900

109

68

$213,082

$203,268

95%

$167,500

62

61

Average Sales Price | Units Sold

$238,000

160

$236,000

140

$234,000

120

$232,000

100

$230,000

80

$228,000

60

$226,000

40

$224,000

20

$222,000

0

2017

2018

2019

Average Sales Price

2020

Below $200K $200K - $250K $250K - $300K $300K and Up 25 | Q2 2020 Houston Market Update

2020 Total Units Sold

Units Sold

Units Sold %

Total Sales Volume

Total Sales Volume %

47

38.5%

$7,746,412

27.0%

40

32.8%

$9,090,580

31.7%

21

17.2%

$5,642,090

19.7%

14

11.5%

$6,201,351

21.6%


at a glance Hockley

3

%

Change in Median Sales Price {2020 vs. 2019}

-11

%

Change in Units Sold {2020 vs. 2019}

122

NEW WAVERLY

WAVERLY

Total Units Sold

217

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

-2

Katy - Southwest

%

MAGNOLIA

EGYPT

S

Change in Median Sales Price

THE WOODLAN

{2020 vs. 2019}

-17 249

%

HUFSMITH

TOMBALL

99

Change in Units Sold

290

WALLER

{2020 vs. 2019}

99

998

HOCKLEY

KLEIN

249

CYPRESS

Total Units Sold

290

WILLOWBROOK

328

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 | Q2 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%

-

-2%

-17%

-4%

$377,887

$363,456

96%

$328,000

998

76

$386,494

$368,710

95%

$335,000

1,202

79

$372,417

$357,632

96%

$325,095

1,094

91

$405,911

$351,618

87%

$321,000

1,153

83

$368,086

$346,723

94%

$318,500

1,150

78

Average Sales Price | Units Sold

$370,000

1,400 1,200

$365,000

1,000

$360,000

800 $355,000 600 $350,000

400

$345,000

200

$340,000

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 %

198

19.8%

$43,033,404

11.9%

386

38.7%

$116,276,230

32.1%

210

21.0%

$83,475,080

23.0%

204

20.4%

$119,944,422

33.1%

Q2 2020 Houston Market Update | 28


single family homes | Q2 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

-4%

-1%

-

-6%

22%

1%

$298,117

$283,428

95%

$249,900

442

81

$311,423

$287,522

92%

$265,000

361

81

$278,609

$266,441

96%

$242,000

391

61

$308,360

$294,544

96%

$250,000

434

62

$288,410

$274,783

95%

$245,000

429

60

Average Sales Price | Units Sold

$300,000

500

$295,000

450

$290,000

400

$285,000

350

$280,000

300

$275,000

250

$270,000

200

$265,000

150

$260,000

100

$255,000

50

$250,000

0

2017

2018

2019

Average Sales Price

2020

Below $200K $200K - $250K $250K - $300K $300K and Up 29 | Q2 2020 Houston Market Update

2020 Total Units Sold

Units Sold

Units Sold %

Total Sales Volume

Total Sales Volume %

106

24.0%

$18,482,841

14.8%

121

27.4%

$27,226,094

21.7%

78

17.6%

$21,278,124

17.0%

137

31.0%

$58,288,279

46.5%


at a glance Kingwood Area Kingwood East

-6

Kingwood NW/Oakhurst

%

Kingwood South Kingwood West

Change in Median Sales Price

WAVERLY

{2020 vs. 2019}

22

WAVERLY

%

Change in Units Sold {2020 vs. 2019}

WILLIS

442 Total Units Sold

CLEVELAND

250

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

1

%

Change in Median Sales Price {2020 vs. 2019}

0

%

Change in Units Sold {2020 vs. 2019}

542 Total Units Sold

256

K

$

Median Sales Price

NEW WAVERLY

WAVERLY

45

WILLIS

MONTGOMERY

NAVASOTA

105

PLANTERSVILLE

CONROE

WHITEHALL

TODD MISSION


single family homes | Q2 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

-3%

-1%

-

1%

0%

-5%

$325,231

$312,186

96%

$256,338

542

99

$335,138

$313,815

94%

$254,900

541

104

$321,358

$304,138

95%

$250,000

537

137

$316,054

$295,855

94%

$235,250

530

127

$314,443

$293,490

93%

$231,000

438

117

Average Sales Price | Units Sold

$320,000

544 542

$315,000

540

$310,000

538 536

$305,000

534 $300,000

532 530

$295,000

528

$290,000

526

$285,000

524

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 %

129

23.8%

$20,454,953

12.1%

224

41.3%

$55,108,780

32.6%

84

15.5%

$28,978,844

17.1%

105

19.4%

$64,662,158

38.2%

Q2 2020 Houston Market Update | 32


single family homes | Q2 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

6%

6%

-

6%

-13%

-3%

$322,853

$312,611

97%

$286,600

496

65

$304,014

$294,329

97%

$269,950

568

67

$298,767

$289,124

97%

$265,875

560

65

$289,889

$277,322

96%

$259,950

598

50

$279,262

$268,580

96%

$243,000

607

57

Average Sales Price | Units Sold

$320,000

700

$310,000

600

$300,000

500

$290,000

400

$280,000

300

$270,000

200

$260,000

100

$250,000

0

2017

2018

2019

Average Sales Price

2020

Below $250K $250K - $350K $350K - $450K $450K and Up 33 | Q2 2020 Houston Market Update

2020 Total Units Sold

Units Sold

Units Sold %

Total Sales Volume

Total Sales Volume %

154

31.0%

$33,320,402

21.5%

219

44.2%

$65,263,951

42.1%

86

17.3%

$33,543,046

21.6%

37

7.5%

$22,927,502

14.8%


Copyright and credits: Patrick Feller

at a glance

SPLENDORA

PATTON VILLAGE

AH

WOODBRANCH

PORTER HEIGHTS

NEW CANEY

99

League City

PORTER

SPRING

6

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

-13

%

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

287

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

496

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

-9

Magnolia/1488 West

%

Change in Median Sales Price {2020 vs. 2019}

7

%

Change in Units Sold {2020 vs. 2019}

303 NEW WAVERLY

WAVERLY

Total Units Sold

288

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 | Q2 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

-10%

-8%

-

-9%

7%

-13%

$363,016

$350,994

97%

$288,000

303

94

$405,363

$381,154

94%

$315,000

283

107

$375,146

$357,844

95%

$318,750

324

114

$343,721

$324,832

95%

$286,900

257

119

$345,488

$330,889

96%

$279,900

269

85

Average Sales Price | Units Sold

$390,000

350

$380,000

300

$370,000

250

$360,000 $350,000

200

$340,000 150

$330,000 $320,000

100

$310,000

50

$300,000 $290,000

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 %

51

16.8%

$7,914,672

7.4%

109

36.0%

$27,092,157

25.5%

49

16.2%

$17,079,306

16.1%

94

31.0%

$54,265,050

51.0%

Q2 2020 Houston Market Update | 36


single family homes | Q2 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

-22%

-23%

-

-33%

-11%

5%

$774,306

$708,005

91%

$450,000

72

122

$997,130

$920,415

92%

$675,000

81

116

$750,860

$715,762

95%

$640,000

73

103

$936,964

$871,142

93%

$632,500

97

84

$877,437

$832,307

95%

$648,000

82

78

Average Sales Price | Units Sold

$1,000,000

120

$900,000 100

$800,000 $700,000

80

$600,000 $500,000

60

$400,000 40

$300,000 $200,000

20

$100,000 $-

0

2017

2018

2019

Average Sales Price

2020

Below $400K $400K - $600K $600K - $800K $800K and Up 37 | Q2 2020 Houston Market Update

2020 Total Units Sold

Units Sold

Units Sold %

Total Sales Volume

Total Sales Volume %

35

48.6%

$10,998,446

21.6%

9

12.5%

$4,433,800

8.7%

10

13.9%

$6,919,350

13.6%

18

25.0%

$28,624,760

56.2%


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

-33

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

72

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

-11

Y VILLAGE

DYERSDALE

450 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

-36

%

WILLOWBR OOK

Change in Median Sales Price {2020 vs. 2019}

8

0

ALDINE

%

249 8

Change in Units Sold {2020 vs. 2019}

290

H a rd

5

JERSEY VILLAGE

COPPERFIE LD PLACE

6

8

1.2

NORTHWEST HOUSTON

ADDICKS

M

$

290

SPRING SHADOWS

45

INDEPENDENCE HEIGHTS

OAK FOREST/ GARDEN OAKS

FAIRBANKS/ NORTHWEST CROSSING

Rd y To l l

Total Units Sold

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 | Q2 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

12%

17%

-

-36%

0%

-37%

$2,155,000

$1,936,875

90%

$1,219,000

5

135

$1,923,400

$1,652,598

86%

$1,900,000

5

213

$3,654,250

$2,965,195

81%

$2,337,500

8

346

$1,397,500

$1,335,056

96%

$1,170,500

9

104

$7,573,125

$2,262,462

30%

$2,134,850

8

181

$3,500,000

Average Sales Price | Units Sold

10 9

$3,000,000

8

$2,500,000

7 6

$2,000,000

5 $1,500,000

4 3

$1,000,000

2

$500,000

1

$-

0

2017

2018

2019

Average Sales Price

2020

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

2020 Total Units Sold

Units Sold

Units Sold %

Total Sales Volume

Total Sales Volume %

-

0.0%

$0

0.0%

-

0.0%

$0

0.0%

3

60.0%

$3,394,000

35.0%

2

40.0%

$6,290,375

65.0%

Q2 2020 Houston Market Update | 40


single family homes | Q2 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

-2%

-2%

-

2%

-6%

-13%

$551,517

$526,595

95%

$482,500

122

109

$565,393

$539,715

95%

$474,250

130

125

$604,511

$575,713

95%

$462,500

126

126

$544,937

$516,321

95%

$440,000

128

115

$498,429

$473,280

95%

$450,000

127

111

Average Sales Price | Units Sold

$590,000

132

$580,000

130

$570,000 $560,000

128

$550,000 $540,000

126

$530,000

124

$520,000 122

$510,000 $500,000

120

$490,000 $480,000

118

2017

2018

2019

Average Sales Price

2020

Below $350K $350K - $450K $450K - $550K $550K and Up 41 | Q2 2020 Houston Market Update

2020 Total Units Sold

Units Sold

Units Sold %

Total Sales Volume

Total Sales Volume %

13

10.7%

$3,826,350

6.0%

27

22.1%

$11,036,560

17.2%

49

40.2%

$24,323,137

37.9%

33

27.0%

$25,058,496

39.0%


at a glance

CYPRESS STATION H a rd Rd y To l l

PION EST

45

Memorial Park / Washington Corridor Area

2

Memorial Park Rice Military/Washington Corridor

%

Washington East/Sabine

8

Change in Median Sales Price

8

{2020 vs. 2019}

ALDINE

-6

%

249

DYERSDAL E

Change in Units Sold

MT HOUSTON

{2020 vs. 2019}

H a rd

122

Rd y To l l

45

Total Units Sold

$

290

G WS

CENTAL NORTHWEST

SPRING BRANCH EAST

483 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

-21

%

WILLOWBR OOK

Change in8 Median Sales Price {2020 vs. 2019}

-55

%

249

8

Change in Units Sold

290

{2020 vs. 2019}

JERSEY VILLAGE

COPPERFIE LD PLACE

37 Total Units Sold FAIRBANKS/ NORTHWEST CROSSING

6

8

NORTHWEST HOUSTON

ADDICKS

290

SPRING SHADOWS

SPRING BRANCH EAST

1.3

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 | Q2 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

-10%

-8%

-

-21%

-55%

-13%

$1,729,559

$1,608,997

93%

$1,270,000

37

111

$1,923,087

$1,757,811

91%

$1,617,200

83

127

$2,032,129

$1,857,091

91%

$1,535,000

77

109

$2,025,041

$1,872,521

92%

$1,438,000

78

141

$1,647,792

$1,524,330

93%

$1,379,500

92

102

$1,900,000

Average Sales Price | Units Sold

90

$1,850,000

80

$1,800,000

70

$1,750,000

60

$1,700,000

50

$1,650,000

40

$1,600,000

30

$1,550,000

20

$1,500,000

10

$1,450,000

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

9

24.3%

$6,237,000

10.5%

13

35.1%

$15,828,205

26.6%

6

16.2%

$11,003,200

18.5%

9

24.3%

$26,464,500

44.5%

Q2 2020 Houston Market Update | 44


single family homes | Q2 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

7%

7%

-

7%

-30%

7%

$888,178

$828,909

93%

$681,000

114

98

$828,258

$777,191

94%

$635,000

163

91

$818,593

$758,350

93%

$650,000

147

81

$867,787

$821,954

95%

$706,500

152

77

$837,965

$787,756

94%

$673,750

120

80

Average Sales Price | Units Sold

$840,000

180 160

$820,000

140

$800,000

120 100

$780,000

80

$760,000

60 40

$740,000

20

$720,000

0

2017

2018

2019

Average Sales Price

2020

Below $500K $500K - $750K $750K - $1M $1M and Up 45 | Q2 2020 Houston Market Update

2020 Total Units Sold

Units Sold

Units Sold %

Total Sales Volume

Total Sales Volume %

19

16.7%

$8,600,225

9.1%

52

45.6%

$32,303,680

34.2%

22

19.3%

$18,983,650

20.1%

21

18.4%

$34,608,051

36.6%


CYPRESS STATION H a rd

at a glance

45

CHAMPION FOREST

Memorial West

7

290

Rd y To l l

249

WILLOWBR OOK

%

8

Change in Median Sales Price

AL

{2020 vs. 2019}

-30

%

249

8

290

Change in UnitsVILLAGE Sold JERSEY {2020 vs. 2019}

COPPERFIE LD PLACE

114

45

Total Units Sold

681

$

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

NORTHWEST HOUSTON

ADDICKS

45 INDEPENDENCE HEIGHTS

Change in Median Sales Price {2020 vs. 2019}

0

290

SPRING SHADOWS

8

%

OAK FOREST/ GARDEN OAKS

FAIRBANKS/ NORTHWEST CROSSING

6

y To l

4

H a rd

COPPERFIE LD PLACE

SHEPHERD PARK PLAZA AREA

%

CENTAL NORTHWEST

SPRING BRANCH EAST SPRING BRANCH WEST

610

SHEPHERD FOREST

ACRES Change inSHADY Units Sold

{2020 vs. 2019}

56

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

389

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 | Q2 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

11%

10%

-

4%

0%

52%

$467,332

$432,798

93%

$389,250

56

170

$422,483

$394,073

93%

$374,000

56

112

$426,064

$383,104

90%

$310,500

98

116

$502,220

$456,913

91%

$400,000

56

120

$443,758

$402,205

91%

$384,000

56

69

$500,000

Average Sales Price | Units Sold

120

$450,000 100

$400,000 $350,000

80

$300,000 $250,000

60

$200,000 40

$150,000 $100,000

20

$50,000 $-

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 %

15

26.8%

$4,021,817

16.6%

17

30.4%

$6,153,500

25.4%

13

23.2%

$5,759,450

23.8%

11

19.6%

$8,301,900

34.3%

Q2 2020 Houston Market Update | 48


single family homes | Q2 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

1%

1%

-

5%

-15%

-13%

$330,743

$318,968

96%

$285,000

634

68

$328,957

$314,964

96%

$272,250

746

79

$309,422

$294,981

95%

$255,000

773

83

$309,501

$284,018

92%

$241,500

731

76

$285,408

$271,730

95%

$230,495

724

69

Average Sales Price | Units Sold

$330,000

900 800

$320,000

700

$310,000

600

$300,000

500

$290,000

400 300

$280,000

200 $270,000

100

$260,000

0

2017

2018

2019

Average Sales Price

2020

Below $250K $250K - $350K $350K - $450K $450K and Up 49 | Q2 2020 Houston Market Update

2020 Total Units Sold

Units Sold

Units Sold %

Total Sales Volume

Total Sales Volume %

238

37.5%

$51,016,066

25.2%

228

36.0%

$67,898,353

33.6%

85

13.4%

$33,550,420

16.6%

83

13.1%

$49,760,805

24.6%


at a glance North Cypress and Tomball

5

%

Change in Median Sales Price {2020 vs. 2019}

-15

%

NEW WAVERLY

WAVERLY

Change in Units Sold {2020 vs. 2019}

634

WILLIS

MONTGOMERY

Total Units Sold

285

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

-7

H a rd

Shepherd Park Plaza Area

Change in Median Sales Price 45

CHAMPION FOREST

{2020 vs. 2019}

-24

%

WILLOWBR OOK

Change in Units Sold {2020 vs. 2019}

162

8

ALDINE

Total Units Sold

360

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 | Q2 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%

-7%

-

-7%

-24%

28%

$454,416

$439,342

97%

$360,250

162

74

$488,654

$473,916

97%

$386,250

212

57

$513,408

$475,521

93%

$400,000

185

70

$433,972

$415,728

96%

$340,000

204

75

$431,112

$409,918

95%

$332,250

198

88

$500,000

Average Sales Price | Units Sold

250

$480,000

200

$460,000 150 $440,000 100 $420,000 50

$400,000 $380,000

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 %

53

32.7%

$13,871,594

15.3%

69

42.6%

$26,244,455

33.4%

17

10.5%

$9,633,305

22.0%

23

14.2%

$21,424,073

29.3%

Q2 2020 Houston Market Update | 52


single family homes | Q2 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

-3%

-2%

-

-1%

-7%

11%

$292,626

$285,845

98%

$272,000

501

64

$302,426

$292,408

97%

$275,000

536

57

$286,293

$277,730

97%

$263,159

644

53

$286,434

$277,588

97%

$260,000

647

49

$318,433

$270,267

85%

$251,000

709

43

Average Sales Price | Units Sold

$295,000

700 600

$290,000

500

$285,000

400 $280,000 300 $275,000

200

$270,000

100

$265,000

0

2017

2018

2019

Average Sales Price

2020

Below $250K $250K - $300K $300K - $350K $350K and Up 53 | Q2 2020 Houston Market Update

2020 Total Units Sold

Units Sold

Units Sold %

Total Sales Volume

Total Sales Volume %

173

34.5%

$38,063,670

26.6%

175

34.9%

$48,344,216

33.8%

85

17.0%

$27,632,546

19.3%

68

13.6%

$29,167,792

20.4%


at a glance WILLIS

ONTGOMERY

CLEVELAND

CONROE

Pearland

%

SHENANDOAH

THE WOODLANDS

SPLENDORA

-1

EGYPT

45

PATTON VILLAGE WOODBRANCH

PORTER HEIGHTS

NEW CANEY

99

249 HUFSMITH

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

501 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

-2

Porter/New Caney West

%

Change in Median Sales Price {2020 vs. 2019}

28

%

Change in Units Sold

NEW WAVERLY

{2020 vs. 2019}

280

WAVERLY

Total Units Sold

WILLIS

225

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 | Q2 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

3%

3%

-

-2%

28%

1%

$261,695

$249,002

95%

$225,220

280

93

$253,954

$240,924

95%

$230,000

218

92

$252,843

$241,584

96%

$227,395

208

90

$247,341

$232,422

94%

$209,000

189

130

$225,901

$210,278

93%

$198,000

155

82

$255,000

Average Sales Price | Units Sold

300

$250,000

250

$245,000

200

$240,000 150 $235,000 100

$230,000 $225,000

50

$220,000

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 %

95

33.9%

$15,917,459

22.8%

79

28.2%

$17,621,594

25.3%

38

13.6%

$10,254,540

14.7%

68

24.3%

$25,926,921

37.2%

Q2 2020 Houston Market Update | 56


single family homes | Q2 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

-12%

-17%

-

-17%

-27%

105%

$2,375,447

$2,002,698

84%

$1,615,000

32

249

$2,701,452

$2,403,624

89%

$1,942,500

44

121

$2,338,335

$2,160,655

92%

$1,992,500

52

144

$2,224,813

$1,992,302

90%

$1,590,000

46

98

$2,427,108

$2,033,484

84%

$1,556,250

48

143

Average Sales Price | Units Sold

$3,000,000

60

$2,500,000

50

$2,000,000

40

$1,500,000

30

$1,000,000

20

$500,000

10

$-

0

2017

2018

2019

Average Sales Price

2020

Below $1M $1M - $1.5M $1.5M - $2.5M $2.5M and Up 57 | Q2 2020 Houston Market Update

2020 Total Units Sold

Units Sold

Units Sold %

Total Sales Volume

Total Sales Volume %

7

21.9%

$5,164,000

8.1%

8

25.0%

$10,514,400

16.4%

8

25.0%

$14,257,925

22.2%

9

28.1%

$34,150,000

53.3%


H a rd

at a glance

Rd y To l l

HAMPION FOREST

45

River Oaks Area

OOK

Briar Hollow

-17

Greenway8Plaza

8

%

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

ALDINE

Change in Median Sales Price

249

{2020 vs. 2019}

DYERSDA

-27

MT HOUSTON H a rd

%

AGE

Rd y To l l

Change in Units Sold {2020 vs. 2019}

32

INDEPENDENCE HEIGHTS

OAK FOREST/ GARDEN OAKS

FAIRBANKS/ NORTHWEST CROSSING

290

SPRING SHADOWS

45

69

SHEPHERD PARK PLAZA AREA

Total Units Sold

1.6

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

-26

8

ALDINE

%

8

Change in Median Sales Price {2020 vs. 2019}

-37

249 8 290

%

JERSEY VILLAGE

MT HOU

H a rd

Change in Units Sold

Rd y To l l

{2020 vs. 2019}

12

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

2.1

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

DOWNTOW N HOUSTON

UPTOWN RIVER OAKS

8

610

SECOND WARD

HYDE PARK

BRIARFOREST AFTON OAKS

MONTROSE

EAST DOWNTOWN MIDTOWN

GREENWAY/ UPPER KIRBY WOODLAKE/ BRIAR MEADOW

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 | Q2 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

-11%

-20%

-

-26%

-37%

160%

$3,680,583

$2,865,577

78%

$2,064,963

12

311

$4,112,842

$3,602,226

88%

$2,800,000

19

120

$3,204,176

$2,969,393

93%

$2,765,000

25

147

$3,364,682

$2,987,643

89%

$2,692,145

22

71

$3,728,364

$3,048,939

82%

$2,617,500

22

183

$4,000,000

Average Sales Price | Units Sold

30

$3,500,000

25

$3,000,000 20

$2,500,000

15

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

10

$1,000,000 5

$500,000 $-

0

2017

2018

2019

Average Sales Price

2020 Total Units Sold

2020

Units Sold

Units Sold %

Total Sales Volume

Total Sales Volume %

Below $2M $2M - $4M $4M - $6M $6M and Up

6

50.0%

$9,951,925

28.9%

3

25.0%

$9,790,000

28.5%

3

25.0%

$14,645,000

42.6%

-

0.0%

$0

0.0%

Q2 2020 Houston Market Update | 60


single family homes | Q2 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

0%

1%

-

3%

-6%

-13%

$309,780

$297,663

96%

$262,132

1,256

68

$310,292

$295,160

95%

$255,000

1,331

79

$291,935

$280,909

96%

$248,500

1,331

86

$283,548

$268,479

95%

$230,000

1,280

82

$277,290

$261,779

94%

$225,000

1,191

74

Average Sales Price | Units Sold

$300,000

1,340

$295,000

1,320

$290,000

1,300

$285,000 $280,000

1,280

$275,000 1,260

$270,000 $265,000

1,240

$260,000

1,220

$255,000 $250,000

1,200

2017

2018

2019

Average Sales Price

2020

Below $200K $200K - $300K $300K - $400K $400K and Up 61 | Q2 2020 Houston Market Update

2020 Total Units Sold

Units Sold

Units Sold %

Total Sales Volume

Total Sales Volume %

229

18.2%

$40,714,182

10.9%

593

47.2%

$147,610,423

39.5%

252

20.1%

$87,097,120

23.3%

182

14.5%

$98,442,983

26.3%


at a glance Spring Area Champions Area

3

Spring Northeast

%

Spring/Klein

Change in Median Sales Price {2020 vs. 2019}

-6

%

Change in Units Sold {2020 vs. 2019}

1,256 NEW WAVERLY

WAVERLY

Total Units Sold

262 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

-6

EGYPT

%

SHENANDOAH

THE WOODLANDS

45

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

-23

249 HUFSMITH

99

%

TOMBALL

99

Change in SPRING Units Sold {2020 vs. 2019}

99

253

KLEIN

45 Total Units Sold

CHAMPION FOREST

325

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 | Q2 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

3%

-2%

-

-6%

-23%

-8%

$432,652

$396,492

92%

$325,000

253

102

$420,256

$403,183

96%

$345,000

327

111

$458,834

$438,420

96%

$359,000

337

112

$414,494

$394,156

95%

$330,000

333

104

$409,817

$374,467

91%

$319,500

279

86

$450,000

Average Sales Price | Units Sold

400

$440,000

350

$430,000

300

$420,000

250

$410,000

200

$400,000

150

$390,000

100

$380,000

50

$370,000

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 %

96

37.9%

$22,718,875

22.6%

82

32.4%

$27,794,968

27.7%

30

11.9%

$13,276,201

13.2%

45

17.8%

$36,522,435

36.4%

Q2 2020 Houston Market Update | 64


single family homes | Q2 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

0%

-2%

-

-9%

-35%

7%

$1,510,809

$1,333,063

88%

$1,000,000

57

184

$1,508,532

$1,364,221

90%

$1,102,500

88

172

$1,114,072

$1,021,682

92%

$845,000

83

161

$1,251,587

$1,131,833

90%

$905,000

101

121

$1,673,224

$1,394,136

83%

$1,029,500

76

116

Average Sales Price | Units Sold

$1,600,000

120

$1,400,000

100

$1,200,000 80

$1,000,000

60

$800,000 $600,000

40

$400,000 20

$200,000 $-

0

2017

2018

2019

Average Sales Price

2020

Below $500K $500K - $1M $1M - $1.5M $1.5M and Up 65 | Q2 2020 Houston Market Update

2020 Total Units Sold

Units Sold

Units Sold %

Total Sales Volume

Total Sales Volume %

6

10.5%

$2,283,300

3.0%

23

40.4%

$17,902,384

23.6%

15

26.3%

$18,000,400

23.7%

13

22.8%

$37,798,500

49.7%


STATION H a rd Rd y To l l

at a glance

249

45

CHAMPION FOREST

Tanglewood / Galleria Area

WILLOWBR OOK Briargrove

-9

Charnwood/Briarbend

%

Galleria Tanglewood Area

8

8

ALDINE

Change in Median Sales Price {2020 vs. 2019}

290

249

-35

8

%

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

57

45

SPRING BRANCH WEST

SHEPHERD PARK PLAZA AREA

1.0

M

$

SPRING BRANCH EAST

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

-18

%

Change in Units Sold

45

{2020 vs. 2019}

NORTHW EST HOUSTO N

S

290

SPRING SHADOWS

8

14

INDEPENDENCE HEIGHTS

OAK FOREST/ GARDEN OAKS

FAIRBANKS/ NORTHWEST CROSSING

SHEPHERD PARK PLAZA AREA

Total Units Sold SPRING BRANCH EAST

2.2

$

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 | Q2 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

27%

16%

-

43%

-18%

-14%

$2,874,179

$2,378,393

83%

$2,150,000

14

219

$2,268,765

$2,057,353

91%

$1,500,000

17

253

$1,920,759

$1,738,892

91%

$1,730,000

17

147

$2,414,095

$2,135,767

88%

$1,600,000

21

135

$2,906,238

$2,537,874

87%

$2,265,050

21

82

$2,500,000

Average Sales Price | Units Sold

25

$2,000,000

20

$1,500,000

15

$1,000,000

10

$500,000

5

$-

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 - $2M $2M - $3M $3M and Up

2

14.3%

$1,702,000

5.1%

5

35.7%

$6,256,500

18.8%

3

21.4%

$8,125,000

24.4%

4

28.6%

$17,214,000

51.7%

Q2 2020 Houston Market Update | 68


single family homes | Q2 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%

-

4%

-18%

-20%

$521,226

$493,344

95%

$401,000

526

71

$496,167

$469,916

95%

$385,000

642

88

$513,495

$493,979

96%

$404,269

636

85

$463,283

$439,284

95%

$357,000

653

91

$758,201

$460,843

61%

$355,000

588

103

Average Sales Price | Units Sold

$500,000

700

$490,000

600

$480,000

500

$470,000 $460,000

400

$450,000

300

$440,000

200

$430,000 100

$420,000 $410,000

0

2017

2018

2019

Average Sales Price

2020

Below $300K $300K - $400K $400K - $500K $500K and Up 69 | Q2 2020 Houston Market Update

2020 Total Units Sold

Units Sold

Units Sold %

Total Sales Volume

Total Sales Volume %

142

27.0%

$35,685,120

13.8%

121

23.0%

$42,113,480

16.2%

92

17.5%

$41,027,669

15.8%

171

32.5%

$140,672,553

54.2%


at a glance The Woodlands

4

%

Change in Median Sales Price {2020 vs. 2019}

-18

%

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

526

WAVERLY

Total Units Sold

401 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

11

249 8 290

JERSEY VILLAGE

%

Change in Median Sales Price

H a rd

{2020 vs. 2019}

Rd y To l l

-43

%

45

NORTHWEST HOUSTON

Change in Units Sold

51

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

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 | Q2 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%

16%

-

11%

-43%

61%

$1,686,445

$1,578,285

94%

$1,400,000

51

106

$1,430,952

$1,364,497

95%

$1,257,500

90

66

$1,472,364

$1,406,933

96%

$1,325,000

117

78

$1,470,480

$1,410,422

96%

$1,240,000

93

102

$1,263,994

$1,198,797

95%

$1,122,500

78

67

$1,600,000

Average Sales Price | Units Sold

140

$1,550,000

120

$1,500,000

100

$1,450,000

80

$1,400,000

60

$1,350,000

40

$1,300,000

20

$1,250,000

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

8

15.7%

$6,248,500

7.8%

22

43.1%

$28,516,403

35.4%

11

21.6%

$18,446,595

22.9%

10

19.6%

$27,281,050

33.9%

Q2 2020 Houston Market Update | 72


single family homes | Q2 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

-13%

-14%

-

-7%

-25%

27%

$309,563

$287,517

93%

$276,000

33

130

$357,355

$335,348

94%

$296,000

44

102

$336,026

$307,614

92%

$297,500

43

80

$343,399

$321,567

94%

$294,000

54

54

$345,166

$323,808

94%

$290,479

47

60

Average Sales Price | Units Sold

$340,000

60

$330,000

50

$320,000 40

$310,000

30

$300,000 $290,000

20

$280,000 10

$270,000 $260,000

0

2017

2018

2019

Average Sales Price

2020

Below $200K $200K - $300K $300K - $400K $400K and Up 73 | Q2 2020 Houston Market Update

2020 Total Units Sold

Units Sold

Units Sold %

Total Sales Volume

Total Sales Volume %

4

12.1%

$651,000

6.9%

18

54.5%

$4,641,300

48.9%

8

24.2%

$2,721,753

28.7%

3

9.1%

$1,474,000

15.5%


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

-7

69

{2020 vs. 2019} SHEPHERD PARK PLAZA AREA

-25

%

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

33

HEIGHTS/GREATER HEIGHTS

TIMBERGROVE/ LAZYBROOK

WOODLAND HEIGHTS

10 RICE MILITARY

276 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


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