Home / Houston News / Photos: Here are the most expensive homes sold in Houston in September 2019

Photos: Here are the most expensive homes sold in Houston in September 2019

Houston’s luxury housing market — defined as homes priced from $750,000 and up — experienced a 2.6 percent decrease in sales in September, but the area still saw several multimillion-dollar homes sold.

Among the top 10 most expensive home sold in the Houston area in September, the average list price was more than $3.52 million, according to the Houston Association of Realtors. HAR ranked the homes by sales price, but does not disclose those figures. The listing price is included for reference.

Click through the slideshow at the top of the story to see the top 10 most expensive homes sold in Houston in September.

All of the top 10 homes were quite large, with an average size of 8,014 square feet. The largest was a 11,156-square-foot home in the Memorial West area that was built in 2011. The smallest was a 5,008-square-foot home in the West University/Southside area that was built this year.

September’s most expensive home sales were concentrated primarily in the Memorial Villages and Memorial West areas within the 77024 ZIP code. Others were also found in close-in areas: Tanglewood (77057), River Oaks (77027), Bellaire (77401) and West University/Southside (77005).

However, no one real estate firm handled more than two listings among the top 10 homes. John Daugherty Realtors, Martha Turner Sotheby’s International Realty and Greenwood King Properties each listed two of the properties, while Compass RE Texas, Better Homes and Gardens Real Estate Gary Greene, Keller Williams Realty and Realm Real Estate Professional each handled one apiece.

Although luxury home sales were down in September, sales of all single-family homes across the Houston area jumped 9.5 percent year over year to 7,035 — the second-largest one-month sales volume of the year, according to HAR. Sales of all property types also jumped 9.5 percent to 8,430.

Sales of single-family homes in all pricing segments between $150,000 and $749,999 increased between 4.6 percent and 18.7 percent. Existing home sales increased 8 percent. The townhouse and condominium segment saw sales increase 8.2 percent.

Both the average and median prices for single-family homes reached their highest levels ever for a September in Houston. The average price increased 1.5 percent year over year to $298,947, while the median price climbed 4.7 percent to $244,000. In the townhouse and condominium segment, the average price increased 3.5 percent to $200,728, while the median price climbed 6.3 percent to $170,000.

Total dollar volume for all sales jumped 10.8 percent to $2.4 billion.

“I cannot recall a fall in Houston when home sales and rentals were quite this brisk,” HAR Chair Shannon Cobb Evans with Better Homes and Gardens Real Estate Gary Greene said in a press release. “Historically low interest rates and a strong overall local economy have drawn more buyers than usual to the market and kept Realtors like myself extremely busy. We remain on track for another record year.”

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