Hello BBBB Friends:
Good news, the temperature is forecast to drop into the 70’s mid-week, and stay there for at least another week! It will be great weather for home shopping.
Today I am featuring 4 new listings, all under $1 million! To see price changes and status updates on homes that are Still on My List, keep scrolling down!
HEIGHTS REAL ESTATE MARKET UPDATE-SEPTEMBER 2021
Despite persistently low inventory, the Heights real estate market is humming along and we are positioned for another record finish this year. Year-to-date, Heights sales are up over 16%. In this month’s HAR news release, HAR Chairman Richard Miranda confirmed that Houston as a whole is also on track for another record year but he cautions that higher home prices and the potential of rising interest rates could impact buyer demand in the coming months.
Key findings for the Heights:
- While active listings were down 30% in September, Heights single-family homes sales were up 21% over the same period last year.
- Sales prices stayed roughly consistent with a 3.7% decrease in average sales price and a .4% increase in median sales price.
- For homes that sold in September, 34% went under contract within the first seven days and 65% sold during the first 30 days. The average ‘Close to List Price Ratio’ for these sales was 99%.
- September’s award for highest over-list price sale goes to 1010 E 23rd St, a unique 2/2 bungalow connected to a 3/2 2- story home. It sold for $611,000, 111% over list price.
HEIGHTS* KEY MARKET INDICATORS
| SINGLE-FAMILY HOMES | SEPT 2021 | SEPT 2020 | CHANGE |
| ACTIVE LISTINGS | 244 | 349 | -30.1% |
| SALES | 102 | 84 | 21.4% |
| AVG SALES PRICE | $736,423 | $764,899 | -3.7% |
| MEDIAN SALES PRICE | $622,500 | $620,000 | 0.4% |
| AVG DAYS ON MARKET | 63 | 90 | -30.0% |
| MEDIAN DAYS ON MARKET | 25 | 34 | -26.5% |
| CLOSE PRICE TO LIST PRICE RATIO | 99.3% | 98.2% | 1.1% |
SOLD TO LIST PRICE RATIO ANALYSIS-SEPTEMBER 2021
| DAYS ON MARKET | ALL | 0-7 | 8-30 | 30+ |
| HOMES SOLD | 102 | 35 | 31 | 36 |
| AVERAGE SALES PRICE/LIST PRICE RATIO (SP/LP) | 98.3% | 99.4% | 99.0% | 96.2% |
| SP/LP RANGE | 61-111% | 61-111% | 92-102% | 83-102% |
Have a great week and,
Let’s go look at houses or talk about selling yours!!!
Becky
—
Information About Brokerage Services
TREC Consumer Protection Notice
Becky Davis
Compass Realty
832-628-8221
Thinking of selling? We can front the cost for painting, landscaping, upgrades, and more. No fees or interest, EVER! Click here for more information.
*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).
The Week’s Featured Properties
936 Pizer: $665,000
- Norhill Historic District
- Craftsman bungalow c. 1924
- 2/2, 1405 sq ft on 5200 sq ft lot
- Updated kitchens and baths
- Wood burning fireplace
- Corner lot
- Office/bonus room
- Wrap-around back deck plus green space
- Driveway access to 2 car detached garage
- Curbed street provides additional parking
- Zoned to Browning Elementary
This is my cutie patootie pick of the week. It was renovated and expanded in 2010 with more recent updates to the kitchen and primary bath. Located a block away from Proctor Plaza Park.
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1018 Highland: $699,000
- Norhill Addition
- Craftsman bungalow c. 1920
- 2/1/1, 1228 sq ft on 5000 sq ft lot
- Older kitchen and bath updates
- Landscaped and graveled back yard
- Garage APT (812 sq ft, efficiency, kitchenette and full bath)
- Driveway access with auto-gate to 2 car detached garage
- Curbed street provides additional parking
- Zoned to Travis Elementary
Expect more new construction on this block as it is a premier street/block outside of a historic district. Highland is another prime street for Lights in the Heights
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1119 Nicholson: $785,000
- Houston Heights
- Greek Revival c. 2011 by Heights Homes
- 3/2/1, 2124 sq ft on 3175 sq ft lot
- Double gallery front porches
- Primary suite with tray ceiling
- Back porch with built-in grill, Chicago brick path plus artificial grass
- Garage APT (418 sq ft, efficiency, full kitchen & bath)
- Alley access to 2 car detached garage
- No street parking in front of house, parking pads across the street
- Zoned to Love Elementary
This home provides a front-row seat for people watching on the Hike and Bike Trail. Parking is always an issue on Nicholson however parking spaces in front of houses are fair game for public parking.
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839 Cortlandt: $989,000
- Heights South Historic District
- Queen Anne c. 1999 by Premier Victorian Homes
- 3/2/1, 2549 sq ft on 5082 sq ft lot
- Wraparound front porch
- Updated kitchen and primary bath
- Combination living/dining room plus den
- Herringbone patterned brick patio plus landscaped green space
- Alley access 2 car detached garage
- Curbed street provides additional parking
- Zoned to Harvard Elementary
Nicely landscaped front and back with mature trees and plants. Backs up to Harvard Elementary. Easy walk/bike ride to Heights Mercantile, Donovan Park, and the Hike and Bike Trail.
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This Week’s Price Reductions & Status Updates
PRICE REDUCED
308 Cordell: $899,000 was $925,000
- Brooke Smith
- Stucco bungalow c. 1910
- 3/2 , 1888 sq ft on 10,000 sq ft lot
- Expanded, updated in 2002
- 2 screened-in front-facing porches
- Very colorful, grab a paintbrush🎨
- Landscaped side yard
- Decked back yard with POOL
- Garage Apt (480 sq ft, efficiency w/kitchenette and full bath)
- Alley access to 2 car detached garage
- Curbed street provides additional parking
- Zoned to Browning Elementary
- Minimum lot size on this and surrounding blocks ✔️
Double lot. Included in AIA Houston book of architecturally significant homes. Ready for another round of updates.
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PRICE REDUCED
715 E 10th 1/2 St: $925,000 was $940,000
- Stude Subdivision
- Greek Revival c. 2019 by Lighthill Partners
- 3/3/1, 3100 sq ft on 3125 sq ft lot
- Design by Creole Design
- All bedrooms up with en suite baths and custom closets
- Bricked patio (greenspace is limited to front yard area)
- Alley access to 2 car attached garage
- Zoned to Harvard Elementary
One of several recent construction offerings on this block by this builder. Great location for strolling to dinner at Fegen’s, Field and Tide, Berryhill’s, and more.
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OPTION PENDING
5407 Sheldon: $675,000
- Sheldon (Houston Heights)
- Craftsman Bungalow c. 2020
- 3/2/1, 1836 sq ft on 5000 sq ft lot
- Original List Price: $725,000
- Days on Market: 38
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OPTION PENDING
1007 Key: $799,000
- Norhill Historic District
- Craftsman bungalow c.1930
- 3/2/1, 1814 sq ft on 5000 sq ft lot
- Original List Price: $799,000
- Days on Market: 4
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OPTION PENDING
2504 Oxford: $980,000
- Sunset Heights
- New Orleans Garden District inspired, c. 2006
- 3/2/1, 2864 sq ft on 6000 sq ft lot
- Original List Price: $980,000
- Days on Market: 11
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OPTION PENDING
700 E 9th St: $995,000
- Stude (Houston Heights)
- Bungalow c. 2018
- 3/2, 2541 sq ft on 6250 sq ft lot
- Original List Price: $995,000
- Days on Market: 29
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OPTION PENDING
1305 Ashland: $1,800,000
- Heights West Historic District
- Craftsman 2 story c. 2013
- 4/3/1, 4232 sq ft on a 6600 sq ft lot
- Original List Price: $1,800,000
- Days on Market: 5
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Going, Going Gone!
SOLD
721 E 21st St: $592,500
- Sunset Heights
- Modern Craftsman c. 2011 by Mazzarino Const.
- 3/2/1, 2320 sq ft on 3219 sq ft lot
- Price at Time of Contract: $599,000
- List to Sell Ratio: 99%
- Original List Price: $599,000
- Days on Market: 8
- Seller Repairs: $800
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SOLD
1132 Nadine: $625,000
- Stude (south of East Sunset Heights)
- Garage front modern Craftsman c. 2014 by Bayou Banks
- 3/2/1, 2782 sq ft on 3200 sq ft lot
- Price at Time of Contract: $639,000
- List to Sell Ratio: 98%
- Original List Price: $644,900
- Days on Market: 17
- Seller Repairs: $3,750
******
SOLD
905 E 27th St: $649,900
- Sunset Heights
- Modern Craftsman c. 2021 by Southern Green
- 3/2/1, 2456 sq ft on 3000 sq ft lot
- Price at Time of Contract: $649,900
- List to Sell Ratio: 100%
- Original List Price: $649,900
- Days on Market: 3
******
SOLD
1120 E 16th St: $685,000
- Norhill Historic District
- Craftsman bungalow c. 1928
- 3/2, 1553 sq ft on 5000 sq ft lot
- Price at Time of Contract: $685,000
- List to Sell Ratio: 100%
- Original List Price: $685,000
- Days on Market: 7
- Seller Contribution to Buyer Closing Costs: $6,250
******
SOLD
3101 Beauchamp: $808,000
- Woodland Heights Historic District
- Craftsman bungalow c. 1930
- 3/2/1, 2104 sq ft on 5000 sq ft lot
- Price at Time of Contract: $785,000
- List to Sell Ratio: 103%
- Original List Price: $785,000
- Days on Market: 8
- Seller Contribution to Buyer Closing Costs: $900
******
SOLD
1312 Cortlandt: $995,000
- Heights East Historic District
- Folk Victorian cottage c. 1920
- 3/3, 2148 sq ft on 6600 sq ft lot
- Price at Time of Contract: $995,000
- List to Sell Ratio: 100%
- Original List Price: $995,000
- Days on Market: 23
- Seller Contribution to Buyer Closing Costs: $2,609
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SOLD
604 Cortlandt: $1,464,000
- Heights South Historic District
- Craftsman 2-story c. 2012 by EllisFord
- 4/3/1, 3410 sq ft on 6600 sq ft lot
- Price at Time of Contract: $1,395,000
- List to Sell Ratio: 105%
- Original List Price: $1,395,000
- Days on Market: 3
- Seller Contribution to Buyer Closing Costs: $9,700
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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:
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