Bellaire - Meyerland - West University | June 2023

REAL ESTATE

Featured Neighborhood Featured neighborhood

BARKLEY CIRCLE, 77096 Barkley Circle is a community of just over 150 single-family properties in the Meyerland area in southwest Houston. The neighborhood is located next to Houston ISD’s Herod Elementary School and Gail Reeves Park.

YEAROVERYEAR MARKET DATA: APRIL The total number of homes sold was lower in three of ve local ZIP codes in April when compared to April 2022, rising slightly in the 77005 and 77030 ZIP codes. Meanwhile, the median price of homes sold exceeded $1 million in three of ve ZIP codes in April. 77401

77005

Homes on the market* 1 Median home value $313,750 Homes under contract 1

T ST .

610

77030

77025

77096

288

NUMBER OF HOMES SOLD

77005

77025

77030

77096

77401

Year

2022 2023

Build-out year: 1960s Square footage range: 1,100-3,300 Schools: Herod Elementary School, Fondren Middle School, Bellaire High School Property taxes (in dollars): Houston ISD 1.0372 City of Houston 0.53364 Harris County 0.34373 Harris Health System 0.14831 Houston Community College 0.09557 Harris County Flood Control District 0.03055 Port of Houston Authority 0.00799 Harris County Department of Education 0.00499 Total (per $100 valuation) 2.20198

Average days on the market* 43 Median annual property taxes** $6,276 Median price per square foot $174.26

MEDIAN PRICE OF HOMES SOLD

WITH YEAROVERYEAR PERCENTAGE CHANGE

2022

2023

77005

77025

77030

77096

77401

Sale price

+10.5%

$1.8M

$1.5M

+44.1%

+11.1%

$1.2M

*AS OF MAY 1 **BASED ON MEDIAN PRICE OF HOMES SOLD IN PAST YEAR; EXEMPTIONS NOT INCLUDED

+23.5%

$900K

+7.6%

$600K

NEIGHBORHOOD DATA PROVIDED BY ALINA ROGERS SPARROW REALTY • 2819612944 SPARROW_REALTYYAHOO.COM WWW.SPARROWREALTY.COM

$300K

Recently sold homes Barkley Circle

5514 Ariel St. 3 beds/2 baths

5526 Cheltenham Drive 4 beds/2 baths 1,985 sq. ft. Sold for $370,001-$420,000 on Feb. 16

5506 Ariel St. 4 beds/3.5 baths

5531 Jason St. 3 beds/2 baths

1,350 sq. ft. Sold for $250,001-$285,000 on March 3

3,329 sq. ft. Sold for $717,001-$827,000 on Jan. 31

1,158 sq. ft. Sold for $285,001-$325,000 on Dec. 7

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