Midtown Houston Market Update – January 2011

Norhill Realty February 1, 2011

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 [email protected].

Homes Sold

10 homes sold in Midtown Houston in the month of January, 3 detached homes and 7 townhomes/condos.  This is up from last January, which saw 7 total sales.

Active Listings

There are 92 properties currently on the market, 16 detached homes and 76 townhomes/condos.  In January, 32 of the 92 listings are new listings and 10 of the sellers have reduced their price.

Home Prices

The median home price in Midtown over the past 12 months is $237,000, down 3% from the same period last year.12_m_MidtownSq_retail1

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.

MIDTOWN HOUSTON HOMES FOR SALE

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