Houston's Heights, River Oaks & Montrose Housing Market is ๐ฅ๐ฅ๐ฅ
source-Community Impact
Thinking of buying or selling a home in Houston? ๐ก You won't want to miss this!
It seems Houston's hot housing market is showing no signs of slowing down, especially in the desirable Heights, River Oaks, and Montrose neighborhoods. ๐ณ๐๏ธ According to a recent data, October 2024 saw a significant jump in home sales across all five zip codes in these areas. ๐
Here's the lowdown:
Sales are soaring! ๐ Every single zip code in these neighborhoods experienced a year-over-year increase in the number of homes sold. The biggest winner? 77008, which saw a whopping 52% increase! ๐คฏ
Prices are (mostly) up! โฌ๏ธ While the number of sales increased across the board, median home prices showed a bit more variation. Three out of the five zip codes saw an increase in median sale price, with 77019 leading the pack. This suggests continued high demand in these areas. ๐ฐ
Homes are flying off the market! ๐จ Reflecting the competitive market, homes in three of the five zip codes sold faster in October 2024 compared to the previous year.
What does this mean for Houston homeowners? ๐ค
Sellers: This news is great for you! If you're thinking of listing your home in these sought-after neighborhoods, now might be the time to strike while the iron is hot. ๐จ๐ฅ
Buyers: Be prepared for a competitive market. Get your finances in order and be ready to act quickly when you find a property you love.
Stay tuned for more updates on the Houston real estate market!
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