Meg Zoller Houston Fine Homes

Approximately 3500 single family homes exist in the Houston Heights with an average sales price per sq. ft. of $175 in 2007. Since 1994, this figure has increased every year. The values were $164/sq ft. in 2006, $156/sq ft.in 2005 and $150/ sq ft. in 2004. These figures were obtained from the Houston Association of Realtors Multiple Listing Service, as are the others cited in this article.

Currently, there are 141 single family homes for sale in the Houston Heights ranging from a 3 bed/1 bath, 1200 sq. ft. home in need of repairs on a 4323 sq. ft. lot listed for $135,000 to a new construction, 4 bed/3 bath, 4080 sq. ft. home on a 13,200 sq. ft lot and priced at $1,490,000. The average list price per sq. ft. is $187.73. Many of the homes for sale are new construction ones on small lots. However, there are a good selection of older homes. Home buyers have another 39 homes under contract as of 3/07/2008 but they haven't closed to date.

In January 2008, there were 18 single family homes sold at prices ranging from $94,000 to $1,677,000 with an overall average sales price per sq. ft. value of $187.06.

In February 2008, 18 home sellers sold their single family homes at prices from a low of $130,000 on a that sold as a short sale, 4 bed/2.5 bath, 1740 sq. ft. home on a 6600 sq. ft. lot to a high sales price of $860,000 for a new construction, 3406 sq. ft., 4 bed/3.5 bath home on a 6600 sq. ft. lot. The overall average sales price per sq. ft. was $165.92.


ZIP Code: 77008

Approximate Location Boundaries: Downtown Houston, Memorial Park, Oak Forest

Location Characteristics: This historical neighborhood, with a mixture of bungalow, Victorian homes, and new construction (as well as some industrial and commercial property) was originally established as a planned community in the late 1890s. The location was partially chosen because it was 23 feet higher than downtown Houston, located 4 miles away. In 1918, Houston Heights residents voted for annexation by the city of Houston.

The single family home market in the Houston Heights consists of older Victorian era homes, older bungalows, and new construction. Many of the older homes have been remodeled and over 100 Houston Heights structures are registered in the National Register of Historical Places. The newer construction consists of everything from contemporary designs to Victorian style homes.

Meg and Jim Zoller - The Zoller Group of Keller Williams Realty, The Metropolitan

Please view our website, http://www.finehomeshouston.com/ . Also, feel free to contact us at:

Direct: 713-661-0884

Toll Free: 800-808-6153

E-mail: Meg@FineHomesHouston.com or Jim@FineHomesHouston.com

Cells: Meg - 713-875-4844 Jim - 713-545-6338

Note: Due to the large volume of homes sold, I usually need two months to compile data. So in March, I'll be using January data which I obtained from the Houston Association of Realtors.

At the present time the mortgage company and loan problems you have been reading about have affected Houston housing much less than most other areas of the country. The year 2007 was the second best year in Houston on record based on the HAR statistics. Total property sales were lower than 2006, but the total dollar volume was a record high which is greatly appreciated by home sellers. So in a nutshell, there were less homes sold in Houston, Texas, but the ones that did sell sold for more money.

However, January 2008 sales declined 17.2 % from January 2007, to the lowest level in three years. January is usually low while folks recover from the holiday season, but this year we may be affected by the nation's real estate and sub prime mortgage problems. The good news is that in Houston the January average sales price increased over last year by 4.9% to $190,233.The median price which is a price where half the homes sold for more and half sold for less was $139,000, a 2.8 % decrease from last year.

Townhomes and condo sales were down in total sold, but higher in sales prices. In January 2008, the average sale price was $160,455. This is a 9.1 % increase in price over January 2007.

In closing, the Houston housing market is still stronger in pricing than other areas of the country, although the foreclosures and sub prime lending problems appear to have affected us all. In Houston, in recent years, you have been able to purchase a home for less than in many other cities and the value has increased. According to the National Association of Realtors, Houston's current median sales price for a single family home is 35.1 % less than the national average. We had the second best year on record in 2007. This indicates the great value of living in Houston. If your credit is good and you look on the bright side, this mortgage mess has caused interest rates to decline, making this a good time for home buyers to find their new homes.


Location Characteristics: Known as both the Bayou City and Space City, Houston was founded in 1836 and named after General Sam Houston. With a population of close to 2 million, it's the 4th largest city in the United States. The city has been a dynamic center of business since the early 1900s and is also the leader in space technology, being home to NASA and the Johnson Space Center. The port area is thriving and connected to the city by the Houston Ship Channel. Other well known areas are Interstate 10's Energy Corridor, the Galleria, and the world class Texas Medical Center. Houston's feel is diverse, with both a high rise skyline and waterways like the Buffalo Bayou, which winds through the city.

Recently, downtown Houston has been transferred into a dynamic area of the city for both entertainment and residential living. Many new lofts and townhomes have been built in and near downtown and other buildings have been converted from commercial to residential use.

Houston has major league football, baseball, basketball ( men's and women's), and soccer teams, as well as AHL hockey. It also has separate horse and greyhound racing tracks.

For the theatre lovers, Houston is one of the few cities that has permanent ballet, orchestra, opera, and theatre companies.

Houston, Texas offers most everything you could possibly desire in real estate.

Meg and Jim Zoller - The Zoller Group of Keller Williams Realty, The Metropolitan

Please view our website, http://www.finehomeshouston.com/ . Also, feel free to contact us at:

Direct: 713-661-0884

Toll Free: 800-808-6153

E-mail: Meg@FineHomesHouston.com or Jim@FineHomesHouston.com

Cells: Meg - 713-875-4844 Jim - 713-545-6338

Market Conditions: Montrose market area residents in Houston, Texas continue to enjoy stable property values as reflected in the following data provided by the Houston Association of Realtors. There were 6 single family residences sold in January 2008 with prices ranging from $292,500 to $500,000 which averages $164.42 per square foot.

There were 7 townhouse/condos sold in the Montrose market area during this same period with prices ranging from $72,500 to $356,000 for an average of $153.61 per square foot.

Currently there are 53 active available single family homes for sale in Montrose with list prices ranging from $259,000 to $1,300,000 and 7 properties pending sale with prices ranging from $240,000 to $519,650.

There are 101 active available town house/condos in the Montrose market area with prices ranging from $59,900 to $749,900 and there are 12 properties pending sale with prices ranging from $64,900 up to $489,500.

According to data provided by the Houston Association of Realtors, there were 121 single family homes sold in 2007 with prices ranging from $105,000 to $890,000; averaging $171.51 per square foot. There were 167 town house/condos sold in the Montrose market area during this same period with prices ranging from $43,000 to $646,000 for an average of $135.77 per square foot.



ZIP Codes: 77002, 77006, 77007, 77019, 77098

Approximate Location Boundaries:Montrose subdivision is generally bound by Highway 59 to the south, Allen Parkway to the north, Bagby Street to the east and Shepherd to the west; Montrose market area boundaries expand beyond the subdivision.

Location Characteristics:Originally pronounced as if it were two words, that is, "Mont Rose", Montrose is generally bound by Highway 59 to the south, Allen Parkway to the north, Bagby Street on the east and Shepherd to the west. The Museum District is located in the southern part of Montrose and many bars & restaurants, thrift/vintage/second-hand shops, eclectic boutiques and small galleries maintain the unique flavor of this part of the city.

Initially envisioned as a planned community and/or streetcar suburb and dating back to the early 20th Century, Montrose comes with the most distinctive character of eccentricity and diversity in Houston. It is one of the prettiest areas with renovated mansions, bungalows with wide porches and cozy cottages lining shady boulevards where people can walk and cycle easily. There is even a small pocket of homes called Courtland Place where all of the houses are listed in the National Historic Registry. Other surrounding neighborhoods include Westmoreland, Avondale and Cherryhurst, all generating a Southern, cozy atmosphere. Townhouse/Condos and Lofts are very prevalent in the Montrose area as well.

Meg and Jim Zoller - The Zoller Group of Keller Williams Realty, The Metropolitan

Please view our website, http://www.finehomeshouston.com/ . Also, feel free to contact us at:

Direct: 713-661-0884

Toll Free: 800-808-6153

E-mail: Meg@FineHomesHouston.com or Jim@FineHomesHouston.com

Cells: Meg - 713-875-4844 Jim - 713-545-6338

Market Conditions: Susi McCauley, a buyer's agent with The Zoller Group, reports that 2006 was a good year for homeowners in the subdivision of Meyerland in Houston, Texas as 109 properties sold ranging in price from$197,000 up to $1,150,000 with an average sales price of $368,966 or $133.73 per square foot showing a definite upward trend. These figures are based on data collected from the Houston Association of Realtors.

Meyerland residents continued to enjoy increased property values as reflected in the following data provided by the Houston Association of Realtors. Home buyers bought 89 single family homes 2007 with prices ranging from $200,000 to $1,000,000 averaging $144.73 per square foot.

For the month of January 2008 there were 5 homes sold in Meyerland with prices ranging from $319,800 to $395,000, averaging $147.05 per square foot and indicating that Meyerland homes continue to appreciate in value.

Currently there are 45 active available homes for sale in the subdivision of Meyerland in Houston, Texas with list prices ranging from $239,900 to $1,150,000 and there are 8 properties in various stages of pending. The wide range in price reflects the new construction; however, the majority of homes in Meyerland are 3 to 4 bedrooms, 2 baths between 2000 and 3000 sq. ft. These figures are based on data collected from the Houston Association of Realtors.



ZIP Code: 77096

Approximate Location Boundaries: South of Beechnut, North of Bellfort, West of S Post Oak, East of Chimney Rock

Location Characteristics: Meyerland is a residential area in Houston, Texas situated on the banks of the Brays Bayou at the outer southwest corner of Loop 610, just south of Bellaire, Texas. Just a 15-minute drive (or less) to downtown Houston, the Texas Medical Center, the Galleria, and the Reliant Park complex, the Meyerland community boasts excellent accessibility, beautiful parks, and strong community leaders. Homes range in price from the mid $100,000's (usually lot value) to the $1,000,000's and while some of the homes are the original 1950s bungalows, others are new construction from homeowners who like Meyerland's ease and convenience.

Meyerland is the concept of three generations of the Meyer family. In the late 1800's, Joseph F. Meyer started buying land in the southwest part of the area surrounding Houston, eventually accumulating 6,000 acres of which he paid less than $5 per acre. In the mid-1950's Joseph's son, George, saw the possibilities of a prestigious subdivision and after his father's death, son George took the 1,200 acres he inherited and created Meyerland with 2,700 lots and an 80-acre reserve for a shopping center. George Meyer proceeded to develop homes that were affordable enough to attract middle America. Look magazine called Meyerland a "state-of-the-art neighborhood" while House and Home magazine claimed it was the "ideal plan for a subdivision." Meyerland might be termed Houston's first "planned community" in that Meyer held to stringent deed restrictions and strong architectural controls for its development. Characteristic of Meyerland are brick, contemporary styled homes, three and four bedrooms with two baths, an uncommon feature when built.

Meyerland Plaza Shopping Center was opened in 1957 as Houston's second regional mall and was managed by George Meyer's oldest daughter, Leota Meyer Hess. The third generation of the Meyer family sold the center in 1984. After years of neglect, in the mid-90s it was purchased and renovated by a new owner. The revival of Meyerland Plaza brought 927,000 square feet of new shopping space to Meyerland and the plaza now includes a variety of 50 shops and restaurants, several of which opened spring 2005.

Schools - Meyerland has numerous Houston Independent School District Exemplary schools and is zoned to nationally acclaimed Bellaire High School. Zoned neighborhood elementary schools include Kolter Elementary School and Lovett Elementary School, both located in Meyerland. The neighborhood is also served by Johnston Middle School (located in Meyerland), Pershing Middle School (located in Braeswood Place), and Pin Oak Middle School in the city of Bellaire (pupils zoned to Johnston have the option to attend Pin Oak), and Bellaire High School located in the city of Bellaire.

The Houston Public Library system operates the Meyer Branch Library at 5005 W. Bellfort, which serves the Meyerland community.

Meg and Jim Zoller - The Zoller Group of Keller Williams Realty, The Metropolitan

Please view our website, http://www.finehomeshouston.com/ . Also, feel free to contact us at:

Direct: 713-661-0884

Toll Free: 800-808-6153

E-mail: Meg@FineHomesHouston.com or Jim@FineHomesHouston.com

Cells: Meg - 713-875-4844 Jim - 713-545-6338

Note: Due to the large volume of homes sold in Houston, Texas, I usually need two months to compile data. So in February, I'll be using December data, obtained from the Houston Association of Realtors.

Market Conditions: To date, the mortgage company and loan problems you have been reading about have affected Houston housing much less than most other areas of the country. The year 2007 was the second best year in Houston, Texas on record based on the Houston Association of REALTORS statistics. Total property sales were lower than 2006, but total dollar volume was a record high. So in a nutshell, less homes sold, but for more money.

Although total Houston home sales decreased in December by 23.5%, the average sales prices increased over last year. The median price (a price where half the homes sold for more and half sold for less) was $153,630, a 2.4 % increase from December 2006. The average sales price was $216,433. This is a 5.7% increase over last year's value.

Townhomes and condo sales were down in price from last December, but higher than last month. In December 2007, the average sale price was $173,693. This is a 7.4 % decrease in price over December 2006, but a 6.9 % increase from November 2007.

In closing, the Houston housing market is still stronger in pricing than other areas of the country, although the foreclosures and sub prime lending problems appear to have affected us all. In Houston, in recent years, you have been able to purchase a home for less than in many other cities and the value has increased. According to the National Association of Realtors, Houston's current median sales price for a single family home is 30.1 % less than the national average. We had the second best year on record. This indicates the great value of living in Houston.


Location Characteristics: Known as both the Bayou City and Space City, Houston was founded in 1836 and named after General Sam Houston. With a population of close to 2 million, it's the 4th largest city in the United States. The city has been a dynamic center of business since the early 1900s and is also the leader in space technology, being home to NASA and the Johnson Space Center. The port area is thriving and connected to the city by the Houston Ship Channel. Other well known areas are Interstate 10's Energy Corridor, the Galleria, and the world class Texas Medical Center. Houston's feel is diverse, with both a high rise skyline and waterways like the Buffalo Bayou, which winds through the city.

Recently, downtown Houston has been transferred into a dynamic area of the city for both entertainment and residential living. Many new lofts and townhomes have been built in and near downtown and other buildings have been converted from commercial to residential use.

Houston has major league football, baseball, basketball (men's and women's), and soccer teams, as well as AHL hockey. It also has separate horse and greyhound racing tracks.

For the theatre lovers . . . Houston is one of the few cities that has permanent ballet, orchestra, opera, and theatre companies.

Houston real estate offers most everything you could possibly desire.

Meg and Jim Zoller - The Zoller Group of Keller Williams Realty, The Metropolitan

Please view our website, http://www.finehomeshouston.com/ . Also, feel free to contact us at:

Direct: 713-661-0884

Toll Free: 800-808-6153

E-mail: Meg@FineHomesHouston.com or Jim@FineHomesHouston.com

Cells: Meg - 713-875-4844 Jim - 713-545-6338