According to the latest monthly report from the Houston Association of Realtors, buyers purchased 7,794 single-family homes, a 28% increase compared to May of last year.
The median price of a single-family home also broke a record, jumping 11.9 percent to $188,000.
All these indicate a positive Houston real estate market. Demand is also projected to keep increasing, with almost 4,000 people moving to Houston each month.
Developers are on track to start 28,000 new constructions by the end of the year, with neighborhoods such as Montrose, Rice Military, River Oaks, Houston Heights, Memorial, and other Inner Loop areas seeing their own share of new homes.
Upper Kirby is another Houston neighborhood seeing a rise in development of new homes, specifically townhomes. Its Inner Loop location and upscale neighborhood make Upper Kirby townhomes for sale some of the more sought-after homes in Houston.
Upper Kirby Townhomes For Sale: Inner Loop Location Overview
Upper Kirby homes for sale are located west of Shepherd, east of the Greenway Plaza / Buffalo Speedway, southwest of Montrose, north of the city of West University Place, and south of River Oaks.
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Upper Kirby neighborhood is one of the most popular location in Houston for new townhomes and patio homes as it is within 10-15 minutes of four business districts that collectively house over 350,000 jobs.
North of Upper Kirby is Memorial Park. Residents of Upper Kirby townhomes can reach central Houston easily, and they also live near colleges and universities in the West University Place and Rice University.
Future Upper Kirby townhomes for sale buyer will also have a lot of outdoor recreational options. The Levy Park and the local YMCA can be found in Upper Kirby. A few minutes drive north toward Memorial Drive can bring residents to Memorial Park, a hotbed for outdoor activities such as hiking, biking, and jogging.
If you are looking for an Upper Kirby townhome for sale, or any home in Houston, contact Paige Martin or visit HoustonProperties.com.