July’s year-over-year home sale decline in West University and Bellaire far outpaced an overall Houston drop, but West U prices skyrocketed and Bellaire’s held steady. Figures provided monthly to Essentials by the Houston Association of Realtors (HAR) showed a total of 42 homes changed hands in the two cities in July, down from 69 in July 2021. But in West University, the … [Read more...] about Home sales take summer plunge in Bellaire, West U — but West U prices soar
Bellaire Real Estate
Local housing sales cool as summer heats up
June saw record temperatures in the area but a definite cooling of the local housing market, with West University showing a near 35 percent year-over-year decline in sales for the month, and Bellaire dipping nearly 17 percent. Prices held steady though, with average sales continuing in the seven figures, according to the breakdown provided monthly to Essentials by the Houston … [Read more...] about Local housing sales cool as summer heats up
Sales sluggish but prices climb in West U, Bellaire
Housing sales slowed significantly in West University and somewhat in Bellaire during the month of May, compared to the same month last year — but prices continued to soar into stratospheric seven-figure levels. Figures supplied monthly to Essentials by the Houston Association of Realtors showed a 28.6 percent drop in sales in West U, down 7.1 percent in Bellaire — but still, … [Read more...] about Sales sluggish but prices climb in West U, Bellaire
As interest rate rises, local home sales slide
With mortgage interest rates increasing and inventory shrinking, the Houston-area housing market hit a plateau in April, traditionally one of the liveliest seasons for homebuying. According to figures from the Houston Association of Realtors, for the first time in 2022 sales failed to beat monthly year-over-year figures, but performance was still described by HAR as … [Read more...] about As interest rate rises, local home sales slide
West U, Bellaire markets calmer — but healthy — for a second month
Year-over-year home sales figures for West University and Bellaire were again flat in August, but still at a robust level, with 51 properties changing hands and prices holding steady. These figures come to Essentials monthly from the Houston Association of Realtors. Inventory and selection of single-family properties is plentiful in both communities, with 172 homes … [Read more...] about West U, Bellaire markets calmer — but healthy — for a second month