Houston Heights Real Estate Market Conditions & Reports, Houston Heights Market Trends, Texas

Market Commentary Provided by Walter Aymen

Report Date

Fall 2009

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Walter Aymen
Keller Williams Metropolitan
Houston, Texas
713-861-4042
yourhousehunt@sbcglobal.net
Agent Home Page

Nearest Metro Area

Buyers’ or Sellers’ Market

About 50-50

Average Time on Market

90-120 days

Market Trend

Increasing

Housing Inventory

Good supply - Some Prices

Average Home Price

$256,046 - View Graph Trend

Best Selling Price Range

Worst Selling Price Range

Compared to Last Year

Up 10-15%

Prices As % of Asking Price

95-100%

Multiple Offers?

Yes

Greatest Activity

Move-up Buyers

Buyer Activity for the past 90 days in Houston Heights is

Seller Activity for the past 90 days in Houston Heights is

Is Financing Available For Qualified Buyers in Houston Heights?

Existing Home Prices for the past 90 days are

What Percentage of the Current Housing Inventory are Foreclosures and/or Short Sales?

Housing Hot Spots

New homes sales going very well and competing strongly with existing home sales.

Reason to Buy/Sell

Population Growth

Average Sold Price

$256,046 - View Graph Trend

National Real Estate Market

National Summary: National Housing Market Recovery Near?

Latest HouseHunt Random Survey Finds Encouraging Signs - First Time Buyers Taking Advantage of $8,000 Tax Credit

Like the legendary phoenix which rose renewed from its ashes, the U.S. housing market appears to be on the verge of emerging from the worst real estate market in three years. Several encouraging signs are there.

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