REAL ESTATE
Featured Neighborhood n i
YEAR OVER YEARMARKET DATA: MARCH The total number of homes sold was lower in March in four of the ve local ZIP codes compared to the previous year. The total number of home sold were up slightly over that time in the 77006 ZIP code, which covers parts of Midtown and Montrose. 610
RICHMOND PLACE, 77098 Richmond Place is a community of 125 single-family homes in the southwestern corner of Montrose. The community is adjacent to the similarly named Richwood Place as well as the Ervan Chew Park.
77008
45
10
77007
Homes on the market* 2 Median home value $947,000 Homes under contract* 0 Median annual property taxes** $22,071.73 Median price per square foot $386 Average days on the market* 203
77019
77006
FARNHAM ST.
77098
N
59
NUMBER OF HOMES SOLD 77006 77007
59
77008
77019
77098
2021 2022 Year
N
18 24
113 101
145 108
43 25
19
8
Build-out year: 1977 Median square footage: 1,878 Schools: Poe Elementary School, Lanier Middle School, Lamar High School Property taxes (in dollars): Houston ISD 1.0944 City of Houston 0.55083 Harris County 0.37693 Harris Health System 0.16221 Houston Community College 0.09909 HC Flood Control District 0.03349 Port of Houston Authority 0.00872 HC Department of Education 0.00499 Total (per $100 valuation) 2.33066
MEDIAN PRICE OF HOMES SOLD WITHYEAR OVER YEARPERCENTAGE CHANGE
2021
2022
77006
77007
77008
77019
77098
Sale price
+56.1%
$1.2M
$1M
10.1%
+6.4%
$800K
+18.5%
*AS OF APRIL 1
+5%
$600K
**BASED ON MEDIAN PRICE OF HOMES SOLD IN PAST YEAR; EXEMPTIONS NOT INCLUDED
$400K
NEIGHBORHOOD DATA PROVIDED BY KIRSTEN ABNEY BETTER HOMES AND GARDENS REAL ESTATE GARY GREENE • 713 208 8307 WEST GRAY OFFICE • 1705 W. GRAY ST., STE. 200, HOUSTON, TX 77019 BELLAIRE OFFICE • 5909 WEST LOOP S., STE. 630, BELLAIRE, TX 77401
$200K
$0
Recently sold homes in Richmond Place
2002 Norfolk St. 2 beds/2 baths
4505 Hazard St. 2 beds/2.5 baths
1849 Portsmouth St. 3-4 beds/3 baths
1901 Lexington St. 2 beds/1 bath
1,461 sq. ft.
1,669 sq. ft.
2,412 sq. ft.
1,480 sq. ft.
Sold for $370,001-$420,000 on April 18
Sold for $420,001-$482,000 on March 31
Sold for $827,001-$947,000 on Feb. 28
Sold for $552,001-$627,000 on Dec. 29
PREMIUM CONDOS PRE-SELLING NOW
MimosaTerrace.com R I V E R O A K S
2240 MIMOSA DR. | HOUSTON | 77019
HEIGHTS
HEIGHTS
713.234.5833 | MimosaTerrace.com Starting at $1.6+ mi l l ion LARCHMONT 5502 SCHUMACHER LN. | CALL FOR PRICE
1227 WAVERLY $1,000,000 MONTROSE 2124 WHITNEY ST. | UNDER CONTRACT
RICE | MUSEUM DISTRICT 1609 PROSPECT ST. | UNDER CONTRACT
834 LAWRENCE SOLD
7 1 3 . 2 0 8 . 8 3 0 7 kirsten.abney@garygreene.com
In Luxury Real Estate, Expertise Matters.
K I R S T E N ABNEY
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HEIGHTS RIVER OAKS MONTROSE EDITION • MAY 2022
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