Q3 2020 | Houston Market Update

Page 1

Q3 | 2020

Houston

Market Update

Greater Heights 910 Rutland Street | Offered at $1,650,000

sothebysrealty.com/id/60872518


A Message from Marilyn

2

23 3

COVID-19 Market Impact Atascocita Area

25

Friendswood

27

7

Bellaire

11

Briargrove Park/Walnutbend

33

13

Central Area

Greater Heights Area

29 Hockley 31 Katy Area

9

Braeswood Place

East End Revitalized

Lake Conroe

37

17

Cypress South Area

Kingwood Area

35

15

Clear Lake

Index | Q3 2020 Houston Market Update

Energy Corridor

19 21

League City

39 Magnolia Area 41 Medical/Museum District Area


Houston

Memorial Close-In

43

63

45

Memorial Park/Washington Corridor Area Memorial Villages

River Oaks Proper

65

47

67 Spring Branch 69 Tanglewood/Galleria Area

Memorial West 49 Meyerland

Spring Area

51

North Cypress and Tomball

71

53

Oak Forest/Shepherd Park Plaza Area

73

55

Pearland

Tanglewood Proper 75

57

Porter/New Caney Area River Oaks Area

The Woodlands 77

West U/Southside Willow Meadows

59 61

Q3 2020 Houston Market Update | Index


1100 UPTOWN PARK BOULEVARD

Offered at $4,895,000 sothebysrealty.com/id/35698001 3415 SUNSET BOULEVARD

Offered at $3,699,000 sothebysrealty.com/id/77263283 5319 BRIAR DRIVE

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Offered at $1,899,999 sothebysrealty.com/id/25323622 *in order from left to right, top to bottom

1 | Q3 2020 Houston Market Update


a message from

Marilyn Thompson Houston President

The year 2020 will be written and talked about for years to come in many industries. The culture at Martha Turner Sotheby’s International Realty follows the old adage that hard work and a positive attitude will allow you to reach your goals. In the future, we will proudly recount that 2020 was an extremely successful year because we achieved several of our goals. In this past quarter, we far exceeded the number of homes sold for our clients and we helped even more buyers find the homes of their dreams than we expected. Resilience, leadership, and market expertise have given us the confidence and ability to overcome any challenges that were presented this year. Throughout this report, please take a moment to note how many of Houston’s neighborhoods are seeing an average sale price increase over the past few years, based on information from the Houston Association of Realtors. Extremely low interest rates and limited supply are still major drivers of the current housing demand. Navigating the complicated process of homebuying is best done with a professional real estate agent. If you are interested in finding out more information about a neighborhood, please do not hesitate to contact me at 713.558.1981 or your local Martha Turner Sotheby’s International Realty office and we will connect you with a neighborhood expert.

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.

Q3 2020 Houston Market Update | 2


COVID-19 Market Impact

50

50

0

0

Jan

Feb

Mar

Apr

May

2019 2019

Jun 2020 2020

Start of Covid-19 related closures in Houston Texas

Jul

Aug

September

100

August

100

July

150

June

150

May

200

April

200

March

250

January

250

February

Number of New Listings

Sep


All Houston 2020 vs. 2019

200

200

150

150

100

100

50

50

0

0

Jan

Feb

Mar

Apr

May

2019 2019

Jun

Jul

2020

Aug

September

250

August

250

July

300

June

300

May

350

April

350

March

400

January

400

February

Number of Pending Sales

Sep

2020

Start of Covid-19 related closures in Houston Texas

4 | Q3 2020 Houston Market Update


COVID-19 Market Impact Number of Sold Properties 400 400

400

350 350

350

300

300

250

0

Jan

January

0

Jan

Feb

Feb

Mar

Apr

Mar

Apr

2019

May

May

2019

Jun

Jun

2020

Jul

Aug

Sep

Aug

Sep

Jul

2020

Aug

September

0

August

50

August

50

July

50

June

100

May

100

April

150

100

July

200

150 150

March

200 200

350

February

250

Sep

100,000

100,000

50,000

50,000

0

0

Jan

Feb

Mar

Apr

May

2019

2019

Jun 2020

2020

Start of Covid-19 related closures in Houston Texas

Jul

September

150,000

June

150,000

May

200,000

April

200,000

March

250,000

February

250,000

January

Total Sold Volume


All Houston 2020 vs. 2019

Average Sale Price 900

$900,000

800

$800,000

700

$700,000

600

$600,000

500

$500,000

400

$400,000

300

$300,000

200

$200,000

100

$100,000

Jul

2020

Aug

September

2019

Jun

August

May

July

Apr

June

May

Mar

April

Feb

March

Jan

February

0

January

-

Sep

In Person Showings 4,500

4,500

4,000

4,000

3,500

3,500

3,000

3,000

2,500

2,500

2,000

2,000

1,500

1,500

1,000

1,000

500

500

2019

Jul

2020

Aug

September

2019

Jun

August

May

July

Apr

June

May

Mar

April

Feb

March

Jan

February

0

January

-

Sep

2020

Start of Covid-19 related closures in Houston Texas

6 | Q3 2020 Houston Market Update


at a glance Atascocita Area Atascocita South Summerwood Fall Creek

NEW WAVERLY

WAVERLY

3

%

Change in Median Sales Price {2020 vs. 2019}

39

WILLIS

MONTGOMERY

%

Change in Units Sold {2020 vs. 2019}

CLEVELAND

770

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

273

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 | Q3 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

2%

3%

-

3%

39%

-15%

$307,167

$296,347

96%

$273,233

770

69

$299,881

$288,099

96%

$265,500

554

81

$284,752

$272,437

96%

$251,875

452

97

$284,735

$261,133

92%

$232,850

433

82

$274,291

$257,289

94%

$232,200

473

60

Average Sales Price | Units Sold

$300,000

900 800

$290,000

700

$280,000

600 500

$270,000

400

$260,000

300 200

$250,000

100

$240,000

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 %

94

12.2%

$16,896,734

7.4%

196

25.5%

$44,567,592

19.5%

194

25.2%

$53,364,517

23.4%

286

37.1%

$113,358,596

49.7%

Q3 2020 Houston Market Update | 8


single family homes | Q3 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

-7%

-6%

-

-4%

39%

48%

$1,014,891

$932,121

92%

$890,875

92

197

$1,087,633

$996,587

92%

$930,000

66

133

$1,009,755

$927,629

92%

$862,000

73

134

$1,151,493

$1,000,405

87%

$917,500

72

91

$1,050,346

$981,575

93%

$996,000

66

120

Average Sales Price | Units Sold

$1,020,000

100 90

$1,000,000

80

$980,000

70 60

$960,000

50 $940,000

40 30

$920,000

20

$900,000

10

$880,000

0

2017

2018

2019

Average Sales Price

2020

Below $500K $500K - $750K $750K - $1M $1M and Up 9 | Q3 2020 Houston Market Update

2020 Total Units Sold

Units Sold

Units Sold %

Total Sales Volume

Total Sales Volume %

16

17.4%

$6,069,000

7.1%

8

8.7%

$5,050,000

5.9%

37

40.2%

$33,040,748

38.5%

31

33.7%

$41,595,351

48.5%


at a glance

ILLOWBRO OK

8

8

ALDINE

Bellaire 249 8

-4

D

%

RSEY 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

39

45

69

SHEPHERD PARK PLAZA AREA

Change in Units Sold {2020 vs. 2019}

WEST TON

92

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

891

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

-13

JERSEY VILLAGE

69

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

290

SPRING SHADOWS

8

NORTHWEST HOUSTON

8

INDEPENDENCE HEIGHTS

OAK FOREST/ GARDEN OAKS

FAIRBANKS/ NORTHWEST CROSSING

Change in Units Sold

CENTAL NORTHWEST

SPRING BRANCH EAST SPRING BRANCH WEST

{2020 vs. 2019}

27 610

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

660 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 | Q3 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

-4%

-1%

-

-13%

8%

-33%

$910,356

$860,574

95%

$660,000

27

96

$946,145

$869,758

92%

$760,000

25

143

$808,024

$745,827

92%

$550,000

35

90

$1,084,681

$1,032,369

95%

$1,105,000

21

112

$929,937

$869,083

93%

$705,000

35

78

$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 %

5

18.5%

$2,060,000

8.9%

14

51.9%

$9,727,000

41.9%

2

7.4%

$2,093,500

9.0%

6

22.2%

$9,355,000

40.3%

Q3 2020 Houston Market Update | 12


single family homes | Q3 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

6%

8%

-

8%

31%

-32%

$535,246

$497,630

93%

$480,000

59

93

$504,358

$462,806

92%

$444,000

45

137

$463,894

$431,699

93%

$428,450

48

92

$540,942

$503,377

93%

$444,250

46

80

$534,736

$497,400

93%

$478,500

47

86

Average Sales Price | Units Sold

$520,000

70

$500,000

60

$480,000

50

$460,000

40

$440,000

30

$420,000

20

$400,000

10

$380,000

0

2017

2018

2019

Average Sales Price

2020

Below $350K $350K - $450K $450K - $550K $550K and Up 13 | Q3 2020 Houston Market Update

2020 Total Units Sold

Units Sold

Units Sold %

Total Sales Volume

Total Sales Volume %

8

13.6%

$2,328,000

7.9%

16

27.1%

$6,567,075

22.4%

19

32.2%

$9,303,500

31.7%

16

27.1%

$11,161,623

38.0%


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

31

249

%

8

JERSEY VILLAGE

Change in Units Sold {2020 vs. 2019}

59

45

Total Units Sold

290

SPRING SHADOWS

480

6

8

$

NORTHWEST HOUSTON

ADDICKS

INDEPENDENCE HEIGHTS

OAK FOREST/ GARDEN OAKS

FAIRBANKS/ NORTHWEST CROSSING

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

-7

%

8

Change in Median Sales Price {2020 vs. 2019}

249

7

8

%

JERSEY VILLAGE

MT HOUSTON

H a rd

Rd y To l l

Change in Units Sold {2020 vs. 2019}

108

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

608

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 | Q3 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%

-

-7%

7%

28%

$735,067

$707,535

96%

$607,500

108

157

$738,957

$707,742

96%

$655,000

101

123

$726,350

$681,466

94%

$568,000

115

123

$691,118

$651,224

94%

$560,000

89

146

$682,678

$638,608

94%

$616,000

99

143

Average Sales Price | Units Sold

$720,000

140

$710,000

120

$700,000

100

$690,000 $680,000

80

$670,000 60

$660,000 $650,000

40

$640,000

20

$630,000 $620,000

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 %

25

23.1%

$10,309,890

13.5%

53

49.1%

$32,195,634

42.1%

17

15.7%

$14,593,702

19.1%

13

12.0%

$19,314,500

25.3%

Q3 2020 Houston Market Update | 16


single family homes | Q3 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

11%

10%

-

9%

22%

-8%

$357,634

$339,955

95%

$300,000

437

56

$322,816

$309,437

96%

$274,000

359

61

$321,994

$305,405

95%

$265,000

321

56

$292,442

$271,652

93%

$242,200

322

46

$280,503

$268,815

96%

$238,100

299

52

Average Sales Price | Units Sold

$400,000

500 450

$350,000

400

$300,000

350

$250,000

300

$200,000

250

$150,000

200 150

$100,000

100

$50,000

50

$-

0

2017

2018

2019

Average Sales Price

2020

Below $250K $250K - $300K $300K - $350K $350K and Up 17 | Q3 2020 Houston Market Update

2020 Total Units Sold

Units Sold

Units Sold %

Total Sales Volume

Total Sales Volume %

122

27.9%

$26,317,675

17.7%

103

23.6%

$28,430,755

19.1%

71

16.2%

$23,130,215

15.6%

141

32.3%

$70,681,901

47.6%


at a glance

SPLENDORA

PATTON VILLAGE

WOODBRANCH

RTER HEIGHTS

NEW CANEY

99

Clear Lake PORTER

HUMBLE

TIMBERLANE ACRES

9

KINGWOOD

69

%

EASTGATE

DAYTON

HUFFMAN ATASCOCITA

Change in Median Sales Price {2020 vs. 2019}

HARMASTON

8

STILSON

22

%

SUMMERWOOD

CROSBY

DYERSDALE

Change in Units Sold

8

MT HOUSTON

{2020 vs. 2019}

BARRETT

437

69

610

SIDE GE

8

10

10

Total Units Sold

300

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

6

WILLIS

%

Change in Median Sales Price {2020 vs. 2019}

10

PLANTERSVILLE

%

WHITEHALL

TODD MISSION

CONRO

Change in Units Sold {2020 vs. 2019}

1,400

MAGNOLIA

EGYPT

SHENANDO

THE WOODLANDS

45

Total Units Sold 249

247

$

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 | Q3 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

4%

5%

-

6%

10%

-16%

$287,329

$279,827

97%

$247,000

1,400

44

$276,089

$266,402

96%

$233,500

1,268

52

$265,460

$254,253

96%

$215,745

1,156

79

$252,738

$240,575

95%

$210,500

1,052

60

$247,005

$235,070

95%

$200,000

1,170

59

Average Sales Price | Units Sold

$290,000

1,600 1,400

$280,000

1,200

$270,000

1,000

$260,000

800 $250,000

600

$240,000

400

$230,000

200

$220,000

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 %

334

23.9%

$59,103,313

15.1%

661

47.2%

$161,917,264

41.3%

251

17.9%

$86,589,657

22.1%

154

11.0%

$84,147,157

21.5%

Q3 2020 Houston Market Update | 20


single family homes | Q3 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

5%

6%

-

8%

0%

45%

$314,333

$299,670

95%

$316,385

118

111

$300,769

$281,569

94%

$292,495

118

76

$285,187

$268,731

94%

$259,000

91

97

$289,659

$267,043

92%

$299,900

81

72

$256,567

$241,505

94%

$251,500

88

85

Average Sales Price | Units Sold

$310,000

140 120

$300,000

100

$290,000

80 $280,000 60 $270,000

40

$260,000

20

$250,000

0

2017

2018

2019

Average Sales Price

2020

Below $250K $250K - $350K $350K - $450K $450K and Up 21 | Q3 2020 Houston Market Update

2020 Total Units Sold

Units Sold

Units Sold %

Total Sales Volume

Total Sales Volume %

36

30.5%

$6,180,150

17.5%

44

37.3%

$13,588,785

38.4%

31

26.3%

$11,981,630

33.9%

7

5.9%

$3,610,500

10.2%


45

S

PORTER HEIGHTS

NEW CANEY

99

at a glance SPRING

PORTER TIMBERLANE ACRES

East End Revitalized

KINGWOOD

69

8

H a rd

CYPRESS STATION

Rd y To l l

45

HUMBLE

EASTG

%

HUFFMAN ATASCOCITA

Change in Median Sales Price

HARMASTON

{2020 vs. 2019}

0

8 ALDINE

% SUMMERWO OD

Change in Units Sold {2020 vs. 2019}

118

CROSBY

DYERSDALE

8

MT HOUSTON H a rd Rd y To l l

45 INDEPENDENCE HEIGHTS

OAK FOREST/ GARDEN OAKS

69

Total Units Sold

316

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

4

WILLOWBR OOK

%

Change in Median Sales Price {2020 vs. 2019}

99

26

%

290

COPPERFIE LD PLACE

8

JERSEY Change in UnitsVILLAGE Sold {2020 vs. 2019}

225 Total Units Sold

343

$

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 | Q3 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

6%

6%

-

4%

26%

-2%

$427,247

$403,503

94%

$343,000

225

100

$403,048

$380,238

94%

$330,000

179

102

$424,407

$392,055

92%

$340,000

155

100

$458,205

$424,751

93%

$367,000

125

101

$414,004

$377,819

91%

$342,000

163

75

Average Sales Price | Units Sold

$430,000

250

$420,000 200

$410,000 $400,000

150

$390,000 100

$380,000 $370,000

50

$360,000 $350,000

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 %

26

11.6%

$5,688,038

6.3%

93

41.3%

$28,035,923

30.9%

49

21.8%

$19,536,504

21.5%

57

25.3%

$37,527,775

41.3%

Q3 2020 Houston Market Update | 24


single family homes | Q3 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

7%

9%

-

13%

16%

-22%

$373,026

$361,934

97%

$307,000

298

46

$349,664

$332,275

95%

$272,000

257

59

$354,383

$340,130

96%

$265,000

225

47

$353,966

$336,051

95%

$294,000

211

60

$320,007

$303,726

95%

$240,000

225

42

Average Sales Price | Units Sold

$365,000

350

$360,000

300

$355,000

250

$350,000 $345,000

200

$340,000 150

$335,000 $330,000

100

$325,000

50

$320,000 $315,000

0

2017

2018

2019

Average Sales Price

2020

Below $200K $200K - $300K $300K - $400K $400K and Up 25 | Q3 2020 Houston Market Update

2020 Total Units Sold

Units Sold

Units Sold %

Total Sales Volume

Total Sales Volume %

38

12.8%

$6,890,650

6.4%

109

36.6%

$26,182,124

24.3%

59

19.8%

$21,069,242

19.5%

92

30.9%

$53,714,435

49.8%


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

13

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

307

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

298

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

16 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

2

Timbergrove/Lazybrook

%

WILLOWBR OOK

Change in Median Sales Price {2020 vs. 2019}

8

ALDINE

19

% 8

Change in Units Sold {2020 vs. 2019}

533

249 8

MT HOUSTON

JERSEY VILLAGE

H a rd

Total Units Sold

Rd y To l l

510

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 | Q3 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

4%

4%

-

2%

19%

-20%

$615,456

$594,606

97%

$509,900

533

66

$593,017

$570,257

96%

$500,000

448

82

$567,664

$546,998

96%

$475,000

394

72

$566,452

$527,264

93%

$460,500

364

91

$568,065

$539,071

95%

$464,477

376

108

Average Sales Price | Units Sold

$600,000

600

$580,000

500

$560,000

400

$540,000

300

$520,000

200

$500,000

100

$480,000

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 %

113

21.2%

$40,776,369

12.9%

242

45.4%

$118,552,098

37.4%

99

18.6%

$68,377,225

21.6%

79

14.8%

$89,219,381

28.2%

Q3 2020 Houston Market Update | 28


single family homes | Q3 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

8%

10%

-

8%

-42%

-19%

$273,573

$265,572

97%

$235,000

95

59

$252,376

$241,075

96%

$217,000

163

74

$237,960

$228,691

96%

$203,900

93

149

$250,002

$239,867

96%

$195,900

80

60

$187,127

$179,219

96%

$160,000

47

68

Average Sales Price | Units Sold

$270,000

180 160

$260,000

140

$250,000

120 100

$240,000

80

$230,000

60 40

$220,000

20

$210,000

0

2017

2018

2019

Average Sales Price

2020

Below $200K $200K - $250K $250K - $300K $300K and Up 29 | Q3 2020 Houston Market Update

2020 Total Units Sold

Units Sold

Units Sold %

Total Sales Volume

Total Sales Volume %

29

30.5%

$4,715,235

18.7%

28

29.5%

$6,347,680

25.2%

11

11.6%

$3,117,060

12.4%

27

28.4%

$11,049,396

43.8%


at a glance Hockley

8

%

Change in Median Sales Price {2020 vs. 2019}

-42

%

Change in Units Sold {2020 vs. 2019}

95

NEW WAVERLY

WAVERLY

Total Units Sold

235

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

5

Katy - Southwest

%

MAGNOLIA

EGYPT

S

Change in Median Sales Price

THE WOODLAN

{2020 vs. 2019}

22 249

%

HUFSMITH

TOMBALL

99

Change in Units Sold

290

WALLER

{2020 vs. 2019}

99

1,503

KLEIN

HOCKLEY

249

CYPRESS

Total Units Sold

290

WILLOWBROOK

344

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 | Q3 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

4%

4%

-

5%

22%

-17%

$399,001

$380,891

95%

$343,980

1,503

65

$383,099

$364,677

95%

$326,440

1,229

78

$378,551

$358,882

95%

$322,500

1,063

101

$380,543

$358,858

94%

$323,500

978

79

$380,711

$358,282

94%

$327,250

1,110

77

Average Sales Price | Units Sold

$385,000

1,600

$380,000

1,400

$375,000

1,200

$370,000

1,000

$365,000

800

$360,000

600

$355,000

400

$350,000

200

$345,000

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 %

217

14.4%

$47,695,142

8.3%

572

38.1%

$172,308,790

30.1%

370

24.6%

$145,083,424

25.3%

344

22.9%

$207,391,856

36.2%

Q3 2020 Houston Market Update | 32


single family homes | Q3 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

22%

4%

-

4%

39%

7%

$375,342

$300,848

80%

$265,750

608

79

$308,560

$288,506

94%

$255,097

437

74

$287,980

$272,556

95%

$240,000

388

59

$288,772

$269,137

93%

$240,000

392

64

$275,868

$263,909

96%

$229,900

382

61

Average Sales Price | Units Sold

$305,000

700

$300,000

600

$295,000 $290,000

500

$285,000 $280,000

400

$275,000

300

$270,000 200

$265,000 $260,000

100

$255,000 $250,000

0

2017

2018

2019

Average Sales Price

2020

Below $200K $200K - $250K $250K - $300K $300K and Up 33 | Q3 2020 Houston Market Update

2020 Total Units Sold

Units Sold

Units Sold %

Total Sales Volume

Total Sales Volume %

112

18.4%

$20,081,435

11.0%

150

24.7%

$34,008,481

18.6%

117

19.2%

$32,191,355

17.6%

229

37.7%

$96,634,573

52.8%


at a glance Kingwood Area Kingwood East

4

Kingwood NW/Oakhurst

%

Kingwood South Kingwood West

Change in Median Sales Price

WAVERLY

{2020 vs. 2019}

39

WAVERLY

%

Change in Units Sold {2020 vs. 2019}

WILLIS

608 Total Units Sold

CLEVELAND

266

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

3

%

Change in Median Sales Price {2020 vs. 2019}

44

%

Change in Units Sold {2020 vs. 2019}

888 Total Units Sold

270

$

Median Sales Price

NEW WAVERLY

WAVERLY

45

WILLIS

MONTGOMERY

NAVASOTA

105

PLANTERSVILLE

CONROE

WHITEHALL

TODD MISSION

K


single family homes | Q3 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

11%

11%

-

3%

44%

1%

$385,562

$361,725

94%

$270,370

888

107

$347,100

$325,117

94%

$261,500

615

106

$318,243

$300,815

95%

$251,750

478

115

$329,862

$306,676

93%

$240,000

451

118

$309,833

$287,190

93%

$240,950

472

124

Average Sales Price | Units Sold

$400,000

1,000 900

$350,000

800

$300,000

700

$250,000

600

$200,000

500

$150,000

400 300

$100,000

200

$50,000

100

$-

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 %

159

17.9%

$24,931,490

7.8%

364

41.0%

$89,635,363

27.9%

126

14.2%

$43,728,080

13.6%

239

26.9%

$162,917,295

50.7%

Q3 2020 Houston Market Update | 36


single family homes | Q3 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

1%

11%

-

6%

8%

-15%

$346,220

$335,237

97%

$300,000

694

47

$343,036

$303,097

88%

$283,000

641

55

$303,441

$289,933

96%

$268,000

549

60

$308,465

$296,171

96%

$265,000

524

52

$275,284

$267,158

97%

$242,500

586

40

Average Sales Price | Units Sold

$340,000

800

$330,000

700

$320,000

600

$310,000

500

$300,000

400

$290,000

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 37 | Q3 2020 Houston Market Update

2020 Total Units Sold

Units Sold

Units Sold %

Total Sales Volume

Total Sales Volume %

187

26.9%

$40,303,924

17.3%

285

41.1%

$85,103,610

36.6%

137

19.7%

$53,696,890

23.1%

85

12.2%

$53,549,859

23.0%


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

DYERSDALE

8

MT HOUSTON H a rd Rd y To ll

45 INDEPENDENCE HEIGHTS

69

8

10

AKS HYDE PARK

10

DOWNTOWN HOUSTON SECOND WARD

MONTROSE MIDTOWN

EAST DOWNTOWN

45

69

GREATER EAST END

GALENA PARK

WEST/SOUTH UNION

MEADOWBROOK ALLENDALE

610

PASADENA

SOUTH MAIN

35 288

45

8

WILLIAM P. HOBBY AIRPORT

300

K

$

TEXAS MEDICAL CENTER

90

10

8 Total Units Sold

610

90 LAWNDALE/ WAYSIDE

RICE / MUSEUM ST RSITY CE SOUTHAMPTON

WOOD ACE

10

10

WOODLAND HEIGHTS

10

WAY/ KIRBY

610

NORTHSIDE VILLAGE

HEIGHTS/GREATER HEIGHTS

NGTON AVE/ RIAL PARK RICE MILITARY

BARRETT

694

610

ROVE/ OOK

CROSBY

{2020 vs. 2019}

L EST

D

%

Change in Units Sold

SHEPHERD PARK PLAZA AREA

SHADY ACRES

8

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

15

Magnolia/1488 West

%

Change in Median Sales Price {2020 vs. 2019}

22

%

Change in Units Sold {2020 vs. 2019}

445

NEW WAVERLY

WAVERLY

Total Units Sold

340

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 | Q3 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

11%

13%

-

15%

22%

-1%

$408,562

$393,439

96%

$340,000

445

95

$367,326

$347,525

95%

$295,370

366

96

$370,319

$350,057

95%

$294,500

282

95

$359,046

$332,675

93%

$280,000

296

100

$322,335

$303,716

94%

$258,498

240

88

Average Sales Price | Units Sold

$400,000

500

$390,000

450

$380,000

400

$370,000

350

$360,000

300

$350,000

250

$340,000

200

$330,000

150

$320,000

100

$310,000

50

$300,000

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 %

38

8.5%

$6,338,110

3.6%

146

32.8%

$35,538,859

20.3%

89

20.0%

$31,088,718

17.8%

172

38.7%

$102,114,678

58.3%

Q3 2020 Houston Market Update | 40


single family homes | Q3 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

6%

7%

-

-2%

42%

44%

$782,575

$736,711

94%

$530,000

115

137

$738,388

$691,302

94%

$539,000

81

95

$833,946

$767,999

92%

$737,000

76

101

$865,377

$806,576

93%

$642,500

60

87

$818,243

$750,768

92%

$620,000

86

78

Average Sales Price | Units Sold

$820,000

140

$800,000

120

$780,000

100

$760,000 $740,000

80

$720,000 60

$700,000 $680,000

40

$660,000

20

$640,000 $620,000

0

2017

2018

2019

Average Sales Price

2020

Below $400K $400K - $600K $600K - $800K $800K and Up 41 | Q3 2020 Houston Market Update

2020 Total Units Sold

Units Sold

Units Sold %

Total Sales Volume

Total Sales Volume %

44

38.3%

$13,651,419

16.1%

16

13.9%

$7,813,691

9.2%

14

12.2%

$9,422,000

11.1%

41

35.7%

$53,834,661

63.5%


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

-2

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

115

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

42

Y VILLAGE

DYERSDALE

530 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

-15

%

WILLOWBR OOK

Change in Median Sales Price {2020 vs. 2019}

8

225

%

249 8

Change in Units Sold

H a rd

13

JERSEY VILLAGE

COPPERFIE LD PLACE

6

8

1.3

NORTHWEST HOUSTON

M

$

290

SPRING SHADOWS

45

INDEPENDENCE HEIGHTS

OAK FOREST/ GARDEN OAKS

FAIRBANKS/ NORTHWEST CROSSING

Rd y To l l

Total Units Sold

ADDICKS

ALDINE

{2020 vs. 2019}

290

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 | Q3 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

-4%

5%

-

-15%

225%

25%

$1,940,923

$1,744,650

90%

$1,300,000

13

147

$2,012,000

$1,656,250

82%

$1,537,500

4

118

$1,875,364

$1,696,318

90%

$1,310,000

11

91

$3,804,322

$3,084,222

81%

$2,050,000

9

110

$1,848,725

$1,553,475

84%

$1,379,950

4

97

$3,500,000

Average Sales Price | Units Sold

14

$3,000,000

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 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

3

23.1%

$2,342,000

10.3%

4

30.8%

$4,620,000

20.4%

3

23.1%

$5,018,450

22.1%

3

23.1%

$10,700,000

47.2%

Q3 2020 Houston Market Update | 44


single family homes | Q3 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

12%

11%

-

2%

25%

30%

$633,052

$587,787

93%

$477,500

159

123

$563,816

$529,444

94%

$470,000

127

94

$518,295

$495,713

96%

$435,000

108

107

$593,195

$559,846

94%

$470,000

93

116

$539,947

$511,383

95%

$432,500

133

130

Average Sales Price | Units Sold

$600,000

180

$580,000

160

$560,000

140 120

$540,000

100

$520,000

80

$500,000

60

$480,000

40

$460,000

20

$440,000

0

2017

2018

2019

Average Sales Price

2020

Below $350K $350K - $450K $450K - $550K $550K and Up 45 | Q3 2020 Houston Market Update

2020 Total Units Sold

Units Sold

Units Sold %

Total Sales Volume

Total Sales Volume %

9

5.7%

$2,591,700

2.8%

59

37.1%

$23,849,825

25.5%

40

25.2%

$20,132,208

21.5%

51

32.1%

$46,884,448

50.2%


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

25

%

249

DYERSDAL E

Change in Units Sold

MT HOUSTON

{2020 vs. 2019}

H a rd

159

Rd y To l l

45

Total Units Sold

$

290

G WS

CENTAL NORTHWEST

SPRING BRANCH EAST

478 INDEPENDENCE HEIGHTS

OAK FOREST/ GARDEN OAKS

FAIRBANKS/ NORTHWEST CROSSING

SHEPHERD PARK PLAZA AREA

69

K

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

24

%

WILLOWBR OOK

Change in8 Median Sales Price {2020 vs. 2019}

-6 249

8

%

Change in Units Sold

290

{2020 vs. 2019}

JERSEY VILLAGE

COPPERFIE LD PLACE

82 Total Units Sold FAIRBANKS/ NORTHWEST CROSSING

6

8

NORTHWEST HOUSTON

ADDICKS

290

SPRING SHADOWS

SPRING BRANCH EAST

1.6

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 | Q3 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

3%

3%

-

24%

-6%

21%

$1,888,619

$1,731,308

92%

$1,646,710

82

167

$1,836,429

$1,673,648

91%

$1,325,000

87

138

$1,824,827

$1,651,308

90%

$1,495,000

78

135

$1,921,985

$1,743,875

91%

$1,586,500

62

115

$1,796,960

$1,603,838

89%

$1,388,888

65

108

$1,760,000

Average Sales Price | Units Sold

100 90

$1,740,000

80

$1,720,000

70

$1,700,000

60

$1,680,000

50

$1,660,000

40 30

$1,640,000

20

$1,620,000

10

$1,600,000

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

20

24.4%

$14,951,166

10.5%

13

15.9%

$16,066,350

11.3%

26

31.7%

$45,230,553

31.9%

23

28.0%

$65,719,197

46.3%

Q3 2020 Houston Market Update | 48


single family homes | Q3 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

4%

6%

-

8%

9%

0%

$901,857

$849,953

94%

$778,000

161

111

$868,057

$800,210

92%

$718,050

148

111

$877,148

$790,867

90%

$700,000

101

114

$864,735

$811,001

94%

$760,000

101

83

$841,886

$778,837

93%

$658,500

138

85

Average Sales Price | Units Sold

$860,000

180

$850,000

160

$840,000

140

$830,000

120

$820,000

100

$810,000

80

$800,000

60

$790,000 $780,000

40

$770,000

20

$760,000

0

2017

2018

2019

Average Sales Price

2020

Below $500K $500K - $750K $750K - $1M $1M and Up 49 | Q3 2020 Houston Market Update

2020 Total Units Sold

Units Sold

Units Sold %

Total Sales Volume

Total Sales Volume %

25

15.5%

$10,641,750

7.8%

49

30.4%

$31,007,384

22.7%

44

27.3%

$38,460,706

28.1%

43

26.7%

$56,732,670

41.5%


CYPRESS STATION H a rd

at a glance

45

CHAMPION FOREST

Memorial West

8

290

Rd y To l l

249

WILLOWBR OOK

%

8

Change in Median Sales Price

AL

{2020 vs. 2019}

9

%

290

249 8

Change in UnitsVILLAGE Sold JERSEY {2020 vs. 2019}

COPPERFIE LD PLACE

161

45

Total Units Sold

778

$

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}

80

290

SPRING SHADOWS

8

%

Change in Median Sales Price

FAIRBANKS/ NORTHWEST CROSSING

6

y To l

-6

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}

99

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

375

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 | Q3 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

-4%

-4%

-

-6%

80%

11%

$474,403

$436,525

92%

$375,000

99

155

$493,031

$453,403

92%

$399,000

55

141

$618,120

$403,657

65%

$325,000

69

115

$488,446

$457,465

94%

$404,500

50

101

$482,513

$440,149

91%

$397,750

48

70

$470,000

Average Sales Price | Units Sold

120

$460,000 100

$450,000 $440,000

80

$430,000 $420,000

60

$410,000 40

$400,000 $390,000

20

$380,000 $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 %

23

23.2%

$5,991,500

13.9%

36

36.4%

$12,625,025

29.2%

19

19.2%

$8,534,692

19.7%

21

21.2%

$16,064,800

37.2%

Q3 2020 Houston Market Update | 52


single family homes | Q3 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

3%

4%

-

6%

5%

-21%

$341,369

$329,542

97%

$285,000

915

51

$330,720

$315,778

95%

$269,000

872

65

$312,585

$297,675

95%

$256,700

734

68

$297,532

$280,820

94%

$243,000

783

70

$289,781

$274,411

95%

$235,000

682

61

Average Sales Price | Units Sold

$340,000

1,000

$330,000

900

$320,000

800 700

$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 53 | Q3 2020 Houston Market Update

2020 Total Units Sold

Units Sold

Units Sold %

Total Sales Volume

Total Sales Volume %

323

35.3%

$69,053,539

22.9%

303

33.1%

$89,295,118

29.6%

142

15.5%

$55,110,900

18.3%

147

16.1%

$88,071,134

29.2%


at a glance North Cypress and Tomball

6

%

Change in Median Sales Price {2020 vs. 2019}

5

%

NEW WAVERLY

WAVERLY

Change in Units Sold {2020 vs. 2019}

915

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

-5

H a rd

Shepherd Park Plaza Area

Change in Median Sales Price 45

CHAMPION FOREST

{2020 vs. 2019}

34

%

WILLOWBR OOK

Change in Units Sold {2020 vs. 2019}

274

8

ALDINE

Total Units Sold

375

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 | Q3 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

10%

5%

-

-5%

34%

-6%

$531,636

$476,941

90%

$375,000

274

78

$481,579

$455,178

95%

$395,000

204

83

$424,837

$403,337

95%

$343,000

195

90

$455,724

$416,595

91%

$370,000

159

86

$426,879

$402,354

94%

$354,900

197

81

$500,000

Average Sales Price | Units Sold

300

$480,000

250

$460,000

200

$440,000 150 $420,000 100

$400,000 $380,000

50

$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 %

71

25.9%

$18,226,310

13.9%

123

44.9%

$47,163,756

36.1%

33

12.0%

$19,048,926

14.6%

47

17.2%

$46,242,945

35.4%

Q3 2020 Houston Market Update | 56


single family homes | Q3 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

4%

6%

-

5%

4%

3%

$304,090

$298,779

98%

$279,000

679

57

$291,620

$280,584

96%

$265,000

651

55

$292,754

$282,878

97%

$265,000

630

50

$285,126

$274,309

96%

$260,000

585

45

$286,393

$274,375

96%

$259,950

686

44

Average Sales Price | Units Sold

$305,000

700

$300,000

680

$295,000

660

$290,000

640

$285,000

620

$280,000

600

$275,000

580

$270,000

560

$265,000

540

$260,000

520

2017

2018

2019

Average Sales Price

2020

Below $250K $250K - $300K $300K - $350K $350K and Up 57 | Q3 2020 Houston Market Update

2020 Total Units Sold

Units Sold

Units Sold %

Total Sales Volume

Total Sales Volume %

203

29.9%

$44,964,789

22.2%

218

32.1%

$59,915,806

29.5%

132

19.4%

$42,979,698

21.2%

126

18.6%

$55,010,336

27.1%


at a glance WILLIS

ONTGOMERY

CLEVELAND

CONROE

Pearland

5

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

4

99

KINGWOOD

69

EASTGATE

HUFFMAN

HARMASTON

{2020 vs. 2019}

290

WILLOWBROOK

679 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

279

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

3

Porter/New Caney West

%

Change in Median Sales Price {2020 vs. 2019}

33

%

Change in Units Sold

NEW WAVERLY

{2020 vs. 2019}

360

WAVERLY

Total Units Sold

WILLIS

234

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 | Q3 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

8%

10%

-

3%

33%

15%

$274,880

$263,513

96%

$233,848

360

99

$253,927

$239,669

94%

$226,990

271

86

$241,568

$230,694

95%

$219,795

232

74

$251,594

$237,598

94%

$218,102

199

73

$224,870

$211,840

94%

$202,400

178

59

$270,000

Average Sales Price | Units Sold

400 350

$260,000

300 $250,000

250 200

$240,000

150

$230,000

100 $220,000

50 0

$210,000

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 %

108

30.0%

$18,442,290

19.4%

111

30.8%

$25,018,104

26.4%

42

11.7%

$11,451,476

12.1%

99

27.5%

$39,952,979

42.1%

Q3 2020 Houston Market Update | 60


single family homes | Q3 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

-5%

-2%

-

-13%

-11%

17%

$2,497,402

$2,249,182

90%

$1,745,000

42

177

$2,618,521

$2,294,126

88%

$2,000,000

47

151

$2,599,865

$2,343,337

90%

$1,700,000

37

110

$2,079,818

$1,817,843

87%

$1,687,000

28

95

$2,097,315

$1,910,930

91%

$1,600,000

34

117

Average Sales Price | Units Sold

$2,500,000

50 45

$2,000,000

40 35

$1,500,000

30 25

$1,000,000

20 15

$500,000

10 5

$-

0

2017

2018

2019

Average Sales Price

2020

Below $1M $1M - $1.5M $1.5M - $2.5M $2.5M and Up 61 | Q3 2020 Houston Market Update

2020 Total Units Sold

Units Sold

Units Sold %

Total Sales Volume

Total Sales Volume %

5

11.9%

$3,195,355

3.4%

14

33.3%

$17,109,160

18.1%

12

28.6%

$25,337,500

26.8%

11

26.2%

$48,823,621

51.7%


H a rd

at a glance

Rd y To l l

HAMPION FOREST

45

River Oaks Area

OOK

Briar Hollow

-13

Greenway8Plaza

8

%

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

ALDINE

Change in Median Sales Price

249

{2020 vs. 2019}

DYERSDA

-11

MT HOUSTON H a rd

%

AGE

Rd y To l l

Change in Units Sold {2020 vs. 2019}

42

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

-8

8

%

8

ALDINE

Change in Median Sales Price {2020 vs. 2019}

-18

249 8 290

%

JERSEY VILLAGE

MT HOU

H a rd

Change in Units Sold

Rd y To l l

{2020 vs. 2019}

18

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

2.7

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

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 | Q3 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

-1%

3%

-

-8%

-18%

9%

$3,832,333

$3,456,173

90%

$2,745,500

18

201

$3,877,182

$3,367,702

87%

$3,000,000

22

184

$3,579,952

$3,192,259

89%

$2,370,000

21

127

$2,776,000

$2,251,500

81%

$2,175,000

10

66

$3,319,500

$3,014,808

91%

$3,172,500

12

102

$4,000,000

Average Sales Price | Units Sold

25

$3,500,000 20

$3,000,000 $2,500,000

15

$2,000,000 10

$1,500,000 $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

3

16.7%

$4,235,000

6.8%

10

55.6%

$28,063,621

45.1%

3

16.7%

$15,450,000

24.8%

2

11.1%

$14,462,500

23.2%

Q3 2020 Houston Market Update | 64


single family homes | Q3 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

8%

9%

-

10%

12%

-15%

$328,842

$318,057

97%

$274,900

1,630

56

$305,819

$292,163

96%

$251,000

1,459

67

$293,219

$277,441

95%

$238,000

1,243

90

$289,022

$273,225

95%

$235,000

1,137

77

$284,604

$266,170

94%

$233,500

1,280

75

Average Sales Price | Units Sold

$330,000

1,800

$320,000

1,600

$310,000

1,400 1,200

$300,000

1,000

$290,000

800

$280,000

600

$270,000

400

$260,000

200

$250,000

0

2017

2018

2019

Average Sales Price

2020

Below $200K $200K - $300K $300K - $400K $400K and Up 65 | Q3 2020 Houston Market Update

2020 Total Units Sold

Units Sold

Units Sold %

Total Sales Volume

Total Sales Volume %

263

16.1%

$46,409,178

9.0%

708

43.4%

$176,430,067

34.0%

363

22.3%

$125,901,853

24.3%

296

18.2%

$169,691,626

32.7%


at a glance Spring Area Champions Area

10

Spring Northeast

%

Spring/Klein

Change in Median Sales Price {2020 vs. 2019}

12

%

Change in Units Sold {2020 vs. 2019}

1,630 NEW WAVERLY

WAVERLY

Total Units Sold

275 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

3

EGYPT

%

SHENANDOAH

THE WOODLANDS

45

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

19

249 HUFSMITH

99

%

TOMBALL

99

Change in SPRING Units Sold {2020 vs. 2019}

99

400

KLEIN

45 Total Units Sold

CHAMPION FOREST

360

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 | Q3 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

-5%

-5%

-

3%

19%

-14%

$432,569

$411,422

95%

$359,500

400

92

$456,376

$433,042

95%

$350,000

335

107

$439,459

$417,421

95%

$340,000

291

112

$402,401

$381,875

95%

$335,000

285

93

$405,791

$379,067

93%

$324,000

273

91

$440,000

Average Sales Price | Units Sold

450

$430,000

400

$420,000

350

$410,000

300

$400,000

250

$390,000

200

$380,000

150

$370,000

100

$360,000

50

$350,000

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 %

124

31.0%

$30,098,405

18.3%

122

30.5%

$42,579,669

25.9%

80

20.0%

$35,183,683

21.4%

74

18.5%

$56,706,904

34.5%

Q3 2020 Houston Market Update | 68


single family homes | Q3 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

10%

9%

-

21%

23%

2%

$1,288,170

$1,191,114

92%

$995,000

95

129

$1,170,534

$1,092,304

93%

$820,000

77

127

$1,190,754

$1,060,422

89%

$861,000

68

146

$1,344,510

$1,227,403

91%

$849,900

61

148

$1,071,397

$982,940

92%

$802,500

70

121

Average Sales Price | Units Sold

$1,250,000

100 90

$1,200,000

80 70

$1,150,000

60 $1,100,000

50 40

$1,050,000

30 20

$1,000,000

10 $950,000

0

2017

2018

2019

Average Sales Price

2020

Below $500K $500K - $1M $1M - $1.5M $1.5M and Up 69 | Q3 2020 Houston Market Update

2020 Total Units Sold

Units Sold

Units Sold %

Total Sales Volume

Total Sales Volume %

12

12.6%

$4,851,500

4.3%

36

37.9%

$25,887,300

22.9%

23

24.2%

$29,669,250

26.2%

24

25.3%

$52,747,738

46.6%


STATION H a rd Rd y To l l

at a glance

249

45

CHAMPION FOREST

Tanglewood / Galleria Area

WILLOWBR OOK Briargrove

21

Charnwood/Briarbend

%

Galleria Tanglewood Area

8

8

ALDINE

Change in Median Sales Price {2020 vs. 2019}

290

249

23

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

95

45

SHEPHERD PARK PLAZA AREA

995

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

-18

%

Change in Median Sales Price

290

{2020 vs. 2019}

JERSEY VILLAGE

ELD

122

%

Change in Units Sold

45

{2020 vs. 2019}

NORTHW EST HOUSTO N

S

290

SPRING SHADOWS

8

20

INDEPENDENCE HEIGHTS

OAK FOREST/ GARDEN OAKS

FAIRBANKS/ NORTHWEST CROSSING

SHEPHERD PARK PLAZA AREA

Total Units Sold SPRING BRANCH EAST

2

$

SPRING BRANCH WEST

M

CENTAL NORTHWEST

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 | Q3 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

-17%

-17%

-

-18%

122%

-43%

$2,151,850

$1,958,502

91%

$1,954,269

20

100

$2,595,322

$2,362,972

91%

$2,385,000

9

176

$2,050,200

$1,727,683

84%

$1,626,125

10

92

$2,929,000

$2,627,686

90%

$2,639,000

12

269

$1,842,545

$1,668,436

91%

$1,475,000

11

122

$3,000,000

Average Sales Price | Units Sold

25

$2,500,000

20

$2,000,000 15 $1,500,000 10 $1,000,000 5

$500,000 $-

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 %

7

35.0%

$9,228,000

23.6%

11

55.0%

$22,788,538

58.2%

-

0.0%

$0

0.0%

2

10.0%

$7,153,500

18.3%

Q3 2020 Houston Market Update | 72


single family homes | Q3 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

10%

11%

-

10%

13%

1%

$532,628

$508,882

96%

$410,000

810

71

$485,768

$457,352

94%

$372,250

714

70

$492,140

$462,216

94%

$379,000

549

82

$490,622

$460,386

94%

$379,500

604

103

$479,710

$447,894

93%

$360,000

583

87

Average Sales Price | Units Sold

$520,000

900

$510,000

800

$500,000

700

$490,000

600

$480,000

500

$470,000

400

$460,000

300

$450,000 $440,000

200

$430,000

100

$420,000

0

2017

2018

2019

Average Sales Price

2020

Below $300K $300K - $400K $400K - $500K $500K and Up 73 | Q3 2020 Houston Market Update

2020 Total Units Sold

Units Sold

Units Sold %

Total Sales Volume

Total Sales Volume %

206

25.4%

$51,542,688

12.5%

190

23.5%

$66,704,821

16.2%

126

15.6%

$57,336,092

13.9%

288

35.6%

$236,610,449

57.4%


at a glance The Woodlands

10

%

Change in Median Sales Price {2020 vs. 2019}

13

%

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

810

WAVERLY

Total Units Sold

410 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

12

249 8 290

JERSEY VILLAGE

%

Change in Median Sales Price

NORTHWEST HOUSTON

Change in Units Sold

86

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

4

%

45

FAIRBANKS/ NORTHWEST CROSSING

H a rd

{2020 vs. 2019}

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 | Q3 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

12%

10%

-

12%

4%

27%

$1,605,405

$1,502,171

94%

$1,403,500

86

104

$1,436,954

$1,362,846

95%

$1,250,000

83

82

$1,485,297

$1,425,462

96%

$1,299,730

73

87

$1,406,146

$1,321,174

94%

$1,233,250

80

72

$1,372,125

$1,283,882

94%

$1,260,000

87

102

$1,550,000

Average Sales Price | Units Sold

90

$1,500,000

85

$1,450,000 80

$1,400,000 $1,350,000

75

$1,300,000 70

$1,250,000 $1,200,000

65

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

15

17.4%

$10,992,250

8.5%

41

47.7%

$52,732,425

40.8%

16

18.6%

$26,871,019

20.8%

14

16.3%

$38,591,029

29.9%

Q3 2020 Houston Market Update | 76


single family homes | Q3 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

0%

4%

-

-1%

22%

-45%

$338,473

$323,413

96%

$297,000

60

75

$338,175

$312,354

92%

$300,000

49

137

$352,849

$320,241

91%

$293,500

44

108

$347,341

$327,841

94%

$290,000

37

91

$350,971

$327,844

93%

$316,800

39

92

Average Sales Price | Units Sold

$330,000

70 60

$325,000

50

$320,000

40 $315,000 30 $310,000

20

$305,000

10

$300,000

0

2017

2018

2019

Average Sales Price

2020

Below $200K $200K - $300K $300K - $400K $400K and Up 77 | Q3 2020 Houston Market Update

2020 Total Units Sold

Units Sold

Units Sold %

Total Sales Volume

Total Sales Volume %

6

10.0%

$1,087,500

5.6%

26

43.3%

$6,737,000

34.7%

16

26.7%

$5,497,900

28.3%

12

20.0%

$6,082,375

31.3%


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

22

%

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

60

HEIGHTS/GREATER HEIGHTS

TIMBERGROVE/ LAZYBROOK

WOODLAND HEIGHTS

10 RICE MILITARY

297 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


PHOTO BY GIAMMARCO BOSCARO ON UNSPLASH

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AUCTION • RETAIL • ADVISORY New York Hong Kong London

AUCTION • RETAIL • ADVISORY New York Hong Kong London


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