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Below you will find the most recent data on home sales and prices for the Greater Houston Heights area of Houston, Texas, which includes great neighborhoods such as Houston Heights, Woodland Heights, Norhill Heights, Sunset Heights, Brookesmith, and Shady Acres. This great neighborhood is the ultimate combination of hip culture and family-oriented, kid-friendly atmosphere. If you are interested in receiving monthly Houston and Greater Heights real estate news updates, then sign up for our RSS feed to receive instant updates. For more information about Greater Heights and to view past market updates, check out our Greater Heights neighborhood page. Or email us at info@norhillrealty.com.
112 Homes were sold in Houston Heights in the month of July. That’s up 38% from the same period in 2011. Not only were their a good number of homes sold, they sold fast last month. Half of all listings sold in July sold in less than 35 days. The market in the Heights continues to be one of the strongest in the city.
Inventory levels in the Heights currently stands at 311 total homes active on the market and 148 new listings entering the market in July. Current inventory levels in the Heights stand at 3 months! That is very low. This could be very good for home owners and home sellers. Homes are selling very quickly and there are more buyers than sellers.
Prices continue to climb in the Heights. The average price for properties sold over the past 12 months (ending in July 2012) was $343,976. That’s up 5% from the previous 12 month period (ending July 2011).
