Hello BBBB Friends:
It was another big week for new listings and I’ve selected five properties to preview today, from an adorable Craftsman bungalow to a reimagined 20th-century post office. Remember to explore price reductions, new contracts, and final sales for homes that are Still on My List. Scroll down to see all of these changes.
KEY TAKEAWAYS: HEIGHTS MARKET UPDATE FOR OCT 2024
October brought a healthy rebound in sales, more inventory, and some price adjustments. For buyers, it’s a great time to explore new listings. For sellers, it’s about strategic pricing and great presentation.
- Sales Rebound After a Slow Late Summer: After a quiet August and September, October saw 62 homes sold, a 29.2% jump from last month and this time last year. Buyers came back strong, likely taking advantage of the growing inventory.
- More Homes, More Choices: Active listings climbed to 264, up 21.1% year-over-year and 2.7% from September. For buyers, that means more options. For sellers, it’s not just about pricing—buyers are pickier than ever and are looking for move-in-ready homes.
- Price Adjustments Are Emerging: The median sales price fell to $717,529, down 6.2%. This is only the second consecutive month of median price decline, following several months of price increases earlier in the year, so, It is too early to call this a trend.
- Homes Are Taking Longer to Sell: The days of homes flying off the market are over—at least for now. The average days on market jumped to 79 days, up 54.9% from last year, with the median DOM hitting 41 days. Buyers are taking their time and being selective, especially when it comes to homes that need work.
Have a great week, and,
Let’s look at houses or talk about selling yours!
Becky Davis
—
Information About Brokerage Services
TREC Consumer Protection Notice
Becky Davis
Compass Realty
832-628-8221
*Note: For purposes of BBBB, the “Heights” is defined as the area between I-10 and Loop 610 N and between Shepherd and I-45).
** Still On My List is a compilation of those homes I’ve reviewed previously that have yet to sell.
The Week’s Featured Properties
1430 Studewood: $719,000
- Norhill Historic District
- Craftsman bungalow, c. 1930
- 2/2, 1398 sq ft home on a 5000 sq ft lot
- Renovated kitchen and baths
- Patio with concrete pavers and gazebo, green space
- Driveway access 1-car detached garage
- Curbed street
- Zoned to Field Elementary
Super cute! Busy street but great central location and just 2 blocks from public transportation. Also steps from Pure Barre, one of my favorite workout spots.
******
1127 W Melwood: $739,900
- Norhill Historic District
- Pediment bungalow, c. 1920
- 3/2, 1426 sq ft home on a 5000 sq ft lot
- Updated kitchen and baths
- Back deck plus green space
- Driveway access with auto-gate to 1 car detached carport with storage room
- Curbed street
- Zoned to Browning Elementary
The current owners reconfigured the kitchen and dining areas, creating an open layout. The bricked carport and driveway also serve as a versatile party pavilion.
******
1144 Nicholson: $1,350,000
- Houston Heights
- Greek Revival, c., 2012 by Heights Homes
- 3/2/1, 2701 sq ft on a 4356 sq ft lot
- Double gallery front porches
- Walk-in wet bar/butler’s pantry with wine fridge
- Formal dining room with brick accent wall
- Covered back deck and summer kitchen & bar for entertaining
- Primary suite with brick accent wall
- Sunroom
- Herringbone brick backyard, covered outdoor kitchen with bar seating
- Garage APT (456 sq ft, efficiency, full kitchen & bath)
- Alley access to 2-car detached garage
- Additional parking pad in front
This house provides a front-row seat for people watching on the Hike and Bike Trail. Parking is always an issue on Nicholson but this home has a parking pad for two cars. (Keep in mind that parking on the street side of a sidewalk is PUBLIC parking🚗🚗.)
******
721 Rutland: $1,485,000
- Houston Heights
- 3/3, 3407 sq ft on a 6600 sq ft lot
- Triple gabled Craftsman built 2006 by Wylie/Caruba
- Wraparound front and back porches plus master balcony overlooking backyard
- Downstairs study could be 4th bedroom with access to a full bath
- Chef’s kitchen with Thermador appliances and quartz waterfall island
- Flagstone and slab patio plus greenspace in back
- Alley access to 3 car detached garage
- Additional pad parking in front
- Zoned to Love Elementary
The Hike and Bike Trail crosses the southern end of this block of Rutland. The canopies of old growth trees on this block are also lovely.
******
501 E 27th St: $1,890,000
- Sunset Heights
- Early 20th-century post office/drug store renovation, c. 1925
- 3/2/1, 3764 sq ft on a 12,000 sq ft lot
- Renovated in 2015
- Stained concrete floors down, reclaimed hardwood floors up
- Architectural features include exposed Old Chicago Brick, antique doors, and much more
- Chef’s kitchen with Viking stove, SubZero fridge
- Huge primary suite with TWELVE windows, Roman shades, a sitting area with fireplace, and a private terrace
- Gorgeous landscaped grounds with green lawns, pergola, and brick patio, and a POOL/spa with slate surround
- Driveway access to 2-car attached/detached garage
- Corner lot
- Zoned to Field Elementary
I was surprised to see this property back on the market so soon after its sale in August. It’s truly one of the most distinctive homes in the Heights.
******
This Week’s Price Reductions & Status Updates
PRICE REDUCED
1131 Winston: $735,000 was $759,900
- Norhill Historic District
- Craftsman bungalow c. 1925
- 2/2, 1386 sq ft on a 5000 sq ft lot
- Recently renovated
- Galley kitchen
- Two seating areas
- Primary suite with built-in wardrobe, shiplap accent wall
- Back deck, covered porch, green space
- Garage APT (624 sq ft, studio w/semi-enclosed bedroom area, full kitchen & bath, balcony)
- Gated driveway access to a 1-car detached garage
- Curbed street
- Zoned to Field Elementary Elementary
The front of this home showcases double, clipped (jerkinhead) gables, complemented by additional clipped gables on the sides, adding a unique touch to its appearance. You’ll find favored neighborhood spots such as Teotihuacan, Spanish Flowers, Hughie’s, and various restaurants along Main Street within walking distance. Field Elementary is conveniently located less than a block away.
******
PRICE REDUCED
915 Key Street: $849,000 was $895,000
- Norhill Historic District
- Craftsman Bungalow, c. 1926
- 3/2, 1,562 sq ft home on a 5,200 sq ft lot
- To-the-stud renovation, including windows, plumbing, electric, HVAC, and roof
- Open-concept living, kitchen, and dining room
- Island kitchen with seating for 5, quartz countertops, farmhouse sink
- Primary bedroom with ensuite bath and walk-in closet
- Home office or 3rd bedroom
- Fully fenced backyard
- Driveway access to 2-car detached garage with automatic gate
- Curbed street
- Browning Elementary School
As a non-confirming property in the historic district, the historic district rules would apply if the property were being replaced. Deed restrictions are still applicable, so you cannot build a garage apartment.
******
OPTION PENDING
215 Parkview: $649,000
- Highland
- Craftsman Bungalow, c. 1920
- 2/2, 1342 sq ft on a 5100 sq ft lot
- Original List Price: $695,000
- Days on Market: 88
******
OPTION PENDING
511 W 17th: $1,074,900
- Houston Heights
- Modern Craftsman, c. 2021 by Eaton Construction
- 4/3/1, 3109 sq ft on 3750 sq ft lot
- Original List Price: $1,099,900
- Days on Market: 56
******
PENDING
415 Aurora: $1,450,000
- Sunset Heights
- Contemporary/Modern, c. 1920 (remodeled 2016 and 2022)
- 4/3, 3,095 sq ft home on a 6,000 sq ft lot
- Original List Price: $1,450,000
- Days on Market: 1
******
Going, Going, Gone!
SOLD
1035 Louise: $370,000
- East Sunset Heights
- Pediment bungalow, c. 1928
- 2/1, 865 sq ft on 4000 sq ft lot
- Price at the Time of Contract: $389,900
- List to Sell Ratio: 95%
- Original List Price: $423,000
- Days on Market: 128
- Title Paid By: Seller
******
SOLD
711 Wilder: $869,500
- Houston Heights
- Modern Greek Revival, c. 2024 by Woodrock Homes
- 4/3/1, 2877 sq ft on a 2500 sq ft lot
- Price at the Time of Contract: $869,500
- List to Sell Ratio: 100%
- Original List Price: $869,5000
- Days on Market: 55
- Title Paid By: Seller
******
SOLD
1618 Arlington: $1,890,000
- Heights East Historic District
- Modified Greek Revival c. 2006 by Allegro Builders
- 5/3/1, 4245 sq ft on a 6600 sq ft lot
- Price at the Time of Contract: $1,950,000
- List to Sell Ratio: 97%
- Original List Price: $1,950,000
- Days on Market: 55
- Title Paid By: Seller
******
But wait, there’s more…
This is just the latest and greatest; however, there are still lots more on my list that you can check out here:
Social Cookies
Social Cookies are used to enable you to share pages and content you find interesting throughout the website through third-party social networking or other websites (including, potentially for advertising purposes related to social networking).