I think I almost daily podcast about my favorite neighborhood, so I decided it is time I do a dedicated market update for it. If you don't know which neighborhood I am talking about, it is East Shore! Lol. I know a handful of residents that live there, and I am currently searching that area for a buyer, so it is always on my radar.
As you can see, there are currently 11 active homes for sale in East Shore, 4 pending, and year to date, 9 have sold, with only 8 selling in 2016 for the whole year. I am sure you can gather what this means, but the sales for 2017 appear to be up compared to 2016.
The next two graphs (the one above and the one below), compare 2016 to 2017. The average days on market in 2016 was 45 and so far year to date in 2017 is 49. This data is a little skewed because homes that expire, and are relisted, their accumulative days on the market is not computed correctly.
One really awesome thing to see, is that the average sold price in 2016 was $900,762 and the average sold price in 2017 is $1,451,911. What an awesome increase!
Last, but not least, I decided to go ahead and post the spreadsheet of the last two years of sold data (with current inventory)..
As you can probably assume, there are different levels of builders in East Shore, and different types of homes. There are town homes and row homes, and homes on oversized waterfront lots. East Shore really has a lot to offer in the $500k+ price range!
Some more pieces of interesting statistics:
- This past week, one home sold, compared to in 2016, 0 homes sold in the same week.
- Two homes have sold this month to date.
- One was sold for asking price (a 2689 sq foot townhome, $213.80 a square foot).
- The other was a gorgeous home built by Pelican Builder that sold for $685,000, which is $280.85 a square foot.
If you would like some more specific data, please reach out to me. Until next time!
We are so happy you found our little corner of the interwebs. We look forward to y'all reaching out to us. We love to answer questions and welcome them. Recently we created some local maps, and you can download those by clicking the image/link above. Below, you will find an index of some very helpful information to assist you in learning more about the Houston suburbs. If you are relocating to our neck of the woods, we hope you reach out to us, because we would love to help you by being your local realtor and friend. Hugs, Jo.
Thoughtfully written for you by Jordan and the Jo & Co. Team.
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If you are looking to relocate to the Houston Area, we would love to meet you, and hear your story. Below you will find all of my contact information, as well as some homes for sale in the area. We truly look forward to hearing from you! P.S. Don't forget to check out our YouTube Channel!
If you are overwhelmed..
Now if you are feeling overwhelmed on where you should plant your roots, I would love to talk to you. You can schedule a call with me by click this link: http://byjoandco.com/call or just send us an email: [email protected]. There are some amazing communities all over the Houston suburbs. In this post, https://search.byjoandco.com/blog/best-neighborhoods-in-houston/, I deep dive into all the different suburbs/neighborhoods that you might want to consider, and why. There are many resources here, so please reach out if you are curious what to look at next! Thank you for trusting us.
Links to check out..
➟ Our YouTube Channel :: http://byjoandco.com/youtube
➟ How do property taxes work in Texas? :: http://byjoandco.com/propertytaxesintexas
➟ Things to do in The Woodlands :: http://byjoandco.com/inthewoodlands
➟ Safest Neighborhoods in Houston :: http://byjoandco.com/safesthouston
➟ Best Neighborhoods in Houston :: http://byjoandco.com/bestneighborhoods
➟ Houston Texas Where to Live :: http://byjoandco.com/houstontexaswheretolive
➟ First Time Texas Home Buyer :: http://byjoandco.com/firsttimetexasbuyer
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At Jo & Co. we know that most people struggle with the home buying or selling experience. We are a brokerage, real people, that do more for you, by being with you every step of the way, so that you plant your roots in the right soil. One way that we go above and beyond is with the content we share on YouTube. Click the photo below to explore our channel.
