Bellaire’s year-over-year home sales in August and September continued to be far off their pace during 2021, while West U’s held steady — but both saw robust sales prices, with West U’s average price of a home in September soaring to $1.7 million. During the two-month period this year, 33 properties sold in Bellaire, compared to 61 in the same period last year.
Overall, the Houston housing market posted its sixth consecutive month of declining sales, with homes in the $500,000 to $1 million range posting the healthiest sales, rising by 12.6 percent, followed by the $1 million-plus bracket with a 7.2 percent increase.
Officials with the Houston Association of Realtors, which provides the sales figures and local breakdowns to Essentials each month, says the market is easing its way back to pre-pandemic levels.
Rising prices and interest rates have sent potential homebuyers to the rental/lease market, according to HAR, with a significant increase in rental contracts.
The answer is: Being mentioned in a question on “Jeopardy!”
The question is: How do you know you’ve made it in popular culture? The Houston Association of Realtors (HAR) — headquartered just outside West U at 3693 Southwest Freeway — achieved this notoriety recently when the game show featured it in a question about its shift from the term “master” to “primary” bedroom and bathroom. In a Daily Double, no less.
Darth Vader House, the sequel
The Darth Vader House at 3601 University Blvd. in West U is back on the market again. The listing last year was featured around the world for its quirky exterior resembling a prop from a Star Wars film. The house, listed at $4.7 million then, sold for $3.1 million. The asking price this time is $3.7 million.