Housing prices in West University are slightly shifted toward a sellers market bucking metro area trends. If you are searching for a home in West U. call our office at 281 340 4185. We are a team of real estate specialists each member owning a part of the Real Estate Transaction. Short Sale Specialists, Investment Property Specialists, Buyer Specialists and listing specialists provide a unique focus for each of our clients. At the conclusion of November the year to year comparison saw steady growth of average and median prices. The volume of homes sold was down 15 percent compared to 2007. Inventory of homes was up 12 percent compared to 2007. The pace of new listings is continuing to slow with the market and the 17th consecutive month of this trend. This is a positive sign the the shifting market has not caused the Houston market to become saturated.
The 2007 Chairman of the Houston Association of Realtors, Rob Cook, was encouraged by the ongoing increase in average and median home prices demonstrating the staying power of the Houston real estate market. He explained that during this period of sub prime lending difficulties Houston still maintains a sound investment.
These statistics were compiled from the Houston Association of REALTORS® data. This data is reflective of homes which were listed on the MLS; private sales are not included. Information was obtained from sources deemed reliable but not guaranteed. This information should not be used to determine the value of any property. Photos are for illustration purposes only and do not necessarily represent current or past listings.
ZIP Code: 77401 Approximate Location Boundaries: Houston
Location Characteristics: Bellaire is a city in Harris County, Texas within the Houston-Sugar Land-Baytown metropolitan area. As of the 2000 U.S. Census, the city population was 15,642 and is completely surrounded by the cities of Houston and West University Place.
Bellaire is famed for its Little League baseball team, which entered the World Series on one occasion. In addition, the city's sole public high school, Bellaire High School, is well-known for its academic and athletic programs. The Bellaire High School baseball team, Bellaire Cardinals, won the Texas High School Baseball championship seven times with several former or current Major League Baseball players.
Bellaire is known as the "City of Homes" as the city is mostly residential; the city mainly functions as a bedroom community for upper-middle class families. There are a few offices along the 610 Loop within the city limits. As of 2000, Bellaire is the 27th wealthiest location in Texas by per capita income. The median house price in central Bellaire for 2006 was $519,494.
About Go Hurley Group:
The Go Hurley Group is a Team of real estate specialists; buyers agents, sellers agents, marketing staff, transaction coordinators and executive leadership provide more than any agent alone can provide. Each of the team members is an intricate part of the successful real estate transaction. Personalized buyer specialists, closing staff, listing agents, listing marketing specialists and the leadership of one of Houston's most innovative Realtors. Clients of the Go Hurley Group enjoy the benefit of working within the structure of a team environment meaning more attention to each detail. Call us today 281 340 4185
These reports reflect the views and opinions of their authors and are not necessarily the views and opinions of Realty Times.
