Houston Heights Market Update – April 2013

Norhill Realty May 8, 2013

Below you will find the most recent data on home sales and prices for the Greater Houston Heights area of Houston, Texas, which includes great neighborhoods such as Houston Heights, Woodland Heights, Norhill Heights, Sunset Heights, Brookesmith, and Shady Acres.  This great neighborhood is the ultimate combination of hip culture and family-oriented, kid-friendly atmosphere.  If you are interested in receiving monthly Houston and Greater Heights real estate news updates, then sign up for our RSS feed to receive instant updates. For more information about Greater Heights and to view past market updates, check out our Greater Heights neighborhood page.  Or email us at [email protected].

Sales Activity

Wow!  That is the only way to describe the activity in the Heights in the month of April.  There were 123 total sales, which was up 15% from April of 2013.  The Heights is becoming one of the most popular areas of town and people are rushing to get in as quickly as possible.

Active Listings

Currently, there are 208 active listings on the market. 186 new listings came available in April and only 87 are left standing.  99 of those homes are either sold or under contract.  Again, the activity is simply staggering.

Home Prices

Year-over-year, median home prices are up 3.74% and average home prices are up 2.66%.  With inventory levels less than 2 months, we would expect price increases to continue in the near to medium term.Tulane2

Due to its affordability, location, and historic charm, Houston Heights is one of the most sought after communities in Houston. Most of the Heights was built in the early part of the 20th century. Although it is basically the center of town, back when it was developed it was known as the 1st suburb in Houston with trolley cars to downtown and ritzy boutiques along 19th street. The neighborhood went through some rough times in the 70s and 80s, but now it is one of the trendiest, family-oriented areas of town and the trendy boutiques and restaurants have returned to 19th Street and throughout the area.

The Houston Heights offers a diverse mix of old and new Victorian homes, early century craftsman homes, and newly constructed townhomes and modern developments. Subdivisions include some of the most sought after sections of Houston, including Houston Heights, Woodland Heights, Stude, Brooksmith, Sunset Heights, Shady Acres.

SELLING A HOME IN HOUSTON HEIGHTS

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