Becky’s Best Bungalow Bets for Oct 24, 2021: Top 4 + Market Update
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Becky's Best Bungalow Bets for Oct 24, 2021: Top 4 + Market Update

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Becky's Best Bungalow Bets for Oct 24, 2021: Top 4 + Market Update

839 Cortlandt

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 HOMESSEPT 2021SEPT 2020CHANGE
ACTIVE LISTINGS244349-30.1%
SALES1028421.4%
AVG SALES PRICE$736,423$764,899-3.7%
MEDIAN SALES PRICE$622,500$620,0000.4%
AVG DAYS ON MARKET6390-30.0%
MEDIAN DAYS ON MARKET2534-26.5%
CLOSE PRICE TO LIST PRICE RATIO99.3%98.2%1.1%
Note: Median represents the “middle” number and gives a better representation of central tendency than average. For example, the median sales price is the figure at which half of the homes sold for more and half sold for less. Source: HAR

SOLD TO LIST PRICE RATIO ANALYSIS-SEPTEMBER 2021

DAYS ON MARKETALL0-78-3030+
HOMES SOLD102353136
AVERAGE SALES PRICE/LIST PRICE RATIO (SP/LP)98.3%99.4%99.0%96.2%
SP/LP RANGE61-111%61-111%92-102%83-102%
The table represents Heights single-family home sales in Sept 2021. There is an average 30 day lag between contract and sales date so consider that many of the sales represented here went under contract in August 2021. Source: HAR

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
Presented by Bungalow Realty

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
Presented by Compass Real Estate

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
Presented by Greenwood King Properties

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
Presented by Coldwell Banker Realty

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

308 Cordell
Presented by Coldwell Banker

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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Presented by Martha Turner Sotheby’s

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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5407 Sheldon
Presented by Coldwell Banker Realty

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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1107 Key
Presented by Century 21 Western Realty

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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2504 Oxford
Presented by Boulevard Realty

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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Presented by Re/Max Metro

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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1305 Ashland
Presented by Circa Real Estate

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!

721 E 21st St
Presented by Coldwell Banker Realty

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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Presented by Realm Real Estate

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

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Presented by Keller Wiliams Metropolitan

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

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1121 E 16th
Presented by Buffalo Bayou Realty

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

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3101 Beauchamp
Presented by Martha Turner Sotheby’s

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

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Presented by Happen Houston

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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604 Cortlandt
Presented by Compass Real Estate

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:

BBBB: Still on my list!

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