Below you will find the most recent data on home sales and prices for the Midtown section of Houston, Texas.  If you are interested in receiving monthly Houston and Midtown real estate news updates, then sign up for our RSS feed to receive instant updates. For more information about Midtown and to view past market updates, click here.  Or email use at info@norhillrealty.com.

Homes Sold

29 homes sold in Midtown Houston in the month of August, 5 detached homes and 24 townhomes/condos.  This is up 84% from last August, which saw 16 total sales.  No doubt last August’s numbers were effected by the expiration of the first time home buyer tax credit earlier in 2010.

Active Listings

There are 160  properties currently on the market, 46 detached homes and 114 townhomes/condos.  In August, 34 new listings came on the market and 29 sellers reduced their price.

Home Prices

The median home price in Midtown over the past 12 months is $227,500. Overall, this is down approximately 2% from last year when the median sales price was $231,125.

Midtown Houston is one of Houston’s most walkable communities. Uniquely situated between Downtown Houston and The Texas Medical Center, two of the largest business districts in the state of Texas.  Midtown Houston is home to many recently constructed townhomes and high rise condominium options.  It contains some of Houston’s best known restaurants and bars and it is home to 3 stops along Houston’s only light rail line.  Midtown Houston exemplifies urban living in Houston.