REAL ESTATE DATA
COMPILED BY SHAWN ARRAJJ
2021-22 Heights | River Oaks | Montrose Real estate market at a glance
610
77019 77098
77006 77007 77008
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The average days on market fell sharply in all ve ZIP codes covering the area during the 12-month period from June 2021-May 2022 when compared to the previous 12 months. The median price of homes sold also rose across the board during that time, though total home sales fell in the 77008 and 77019 ZIP codes.
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SOURCES: KIRSTEN ABNEY, BETTER HOMES AND GARDENS REAL ESTATE GARY GREENE, FREDDIE MAC COMMUNITY IMPACT NEWSPAPER
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59
Median home sales price
Number of homes sold
June 2020-May 2021
June 2021-May 2022
June 2020-May 2021
June 2021-May 2022
77006
77019
$662,000 $646,500
$887,000
+2.4%
+14.43%
$1,015,000
77007
77098
$461,500
$820,000 $783,000
+8.32%
+4.73%
$499,900
77008
$499,500
+9.71%
$548,000
77006
77007
77008
77019
77098
National mortgage rate data Mortgage rates steadily declined early in the pandemic with the 30-year xed-rate mortgage dropping to as low as 2.65% in January 2021. Rates have since increased, spiking to their highest point since 2009 as of early May.
Average days on market
June 2020-May 2021
June 2021-May 2022
30-year xed-rate mortgage
15-year xed-rate mortgage
5.27%
5%
4.51%
3.72%
4.52%
4%
2.65% 3.22%
3%
3.99%
3.16%
2% 0 January 2019
2.16%
2.43%
January 2020
January 2021
January 2022
77006
77007
77008
77019
77098
PREMIUM CONDOS PRE-SELLING NOW
MimosaTerrace.com RIVER OAKS
2240 MIMOSA DR. | HOUSTON | 77019
HEIGHTS
HEIGHTS
713.208.8307 kirsten.abney@garygreene.com LARCHMONT 5502 SCHUMACHER LN. | SOLD 713.234.5833 | MimosaTerrace.com Starting at $1.6+ million ©2022 Better Homes and Gardens Real Estate LLC. Better Homes and Gardens ® is a registered trademark of Meredith Corporation licensed to Better Homes and Gardens Real Estate LLC. Equal Opportunity Company. Equal Housing Opportunity. Each Franchise is Independently Owned and Operated.
1227 WAVERLY $1,000,000 RICE MILITARY 305 SNOVER | $579,000
834 LAWRENCE SOLD
MONTROSE 2124 WHITNEY ST. | SOLD
In Luxury Real Estate, Expertise Matters.
KIRSTEN ABNEY
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HEIGHTS RIVER OAKS MONTROSE EDITION • JULY 2022
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