Hi friend! As you have probably grown to learn over the last few months, is that I love numbers. Well for today’s post I am sharing with you the 40 hottest real estate markets in the the Houston area!
Links to the real estate market analyses: Katy Texas, The Woodlands Texas, Cypress Texas, Conroe Texas, Kingwood Texas, Spring Texas, Klein Texas, Magnolia Texas, and Montgomery Texas. P.S. Email me if you would like an analysis for a particular neighborhood!
The Hottest Real Estate Markets in the Houston in 2021
|Houston Area Real Estate Markets||Homes Sold in Last 90 Days||Average Sales Price Per Square Foot||Average Sales Price||Median Days on Market|
|3.||Sienna / Sienna Plantation||138||$136||$451,000||26|
|5.||The Heights Area||107||$264||$648,000||21|
|8.||Cross Creek Ranch||98||$145||$489,000||20|
|16.||Lakes of Bella Terra||46||$137||$374,000||35|
|19.||Grand Central Park||39||$150||$371,000||71|
|29.||Fulbrook on Fulshear Creek||28||$155||$537,000||49|
|32.||Lakes on Eldridge||22||$137||$470,000||46|
|36.||Kings Point Village, Kingwood||13||$127||$542,000||50|
|40.||High Meadow Ranch||7||$179||$463,000||20|
What to know about the market right now..
Any “move-in ready” and near perfect home is going to go under contract the first weekend it hits the market. Inventory is higher than 2020, but demand is out pacing that inventory growth.
If you read nothing, but this paragraph, these are the take aways I want to share with you.
- Inventory is extremely low for the demand, but sales are up from the last two years.
- The good homes go under contract within 3-6 days.
- You can expect multiple offers, especially if the home is remodeled.
- Homes under $500k are known to sell for $10k – $25k over asking price.
- If you are financing your home purchase, offers with 20% or greater, with no contingencies including an appraisal waiver, a shorter (limited) option period, and a quick close are your only leg up when winning compared to a cash offer.
- The prices are highly desireable homes are up anywhere from 10-15%, depending on location and square footage, compared to last year.
- You will be paying an ultimate premium to purchase a home with a pool.
- Working with a local lender and experienced real estate agent is key!
We are Waiting for You
If you are looking to relocate to the 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: https://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! 🙂
Links to check out..
➟ Our YouTube Channel :: https://byjoandco.com/youtube
➟ How do property taxes work in Texas? :: https://byjoandco.com/propertytaxesintexas
➟ Things to do in The Woodlands :: https://byjoandco.com/inthewoodlands
➟ Safest Neighborhoods in Houston :: https://byjoandco.com/safesthouston
➟ Best Neighborhoods in Houston :: https://byjoandco.com/bestneighborhoods
➟ Houston Texas Where to Live :: https://byjoandco.com/houstontexaswheretolive
Thank you so much for trusting us.
– Jordan Marie Schilleci, REALTOR® & Owner, Jo & Co. Realty Group
• Download our Moving to Texas ebook! https://byjoandco.com/movingtotexasebook.
• Schedule a phone call or appointment with us! https://byjoandco.com/appointment.
• Email us! [email protected].
• Looking for a buyer’s agent? Fill out our buyer questionnaire! https://byjoandco.com/q.
• Ready to find your dream home? Search, http://search.byjoandco.com.
• Subscribe to our YouTube Channel: https://byjoandco.com/youtube.
Visit the Jo & Co. YouTube Channel
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.