Total home sales were down in the ZIP codes covering the Bellaire and West University areas when comparing data from January 2024 with January 2023. Total sales rose in the 77096 ZIP code, which covers Meyerland, when comparing those months.
It was the second consecutive month with a year-over-year decrease in sales in the 77005 and 77401 ZIP codes. The 77096 ZIP code had the most sales in January 2024 of the five local ZIP codes after being tied for the most in December 2023.
Data was provided to Community Impact by Alina Rogers with Sparrow Realty.Diving in deeper
The 11 homes sold in the 77025 ZIP code had a median price of $885,000 in January 2024. By comparison, the nine homes that sold in that ZIP code in January 2023 had a median price of $407,500.As total home sales fell, the average number of days a home spent on the market before selling jumped by 118% in the 77401 ZIP code when comparing January 2024 with January 2023. In the 77096 ZIP code, where home sales rose, the average days on market fell by 45%.Most homes sold in the five-ZIP-code area fell into one of two ranges: $250,000-$499,999 and $1 million and up. No homes were sold for less than $250,000.
