Real estate data is provided by Alina Rogers at Sparrow Realty.
Breaking it down
Total home sales rose in three of five local ZIP codes when comparing December data year over year while one ZIP code remained stagnant and another saw the month's only decline. Neighborhoods that saw an increase include 77005, 77096 and 77401, which encompasses West University Place, Meyerland and Bellaire.
Homes in the 77025 ZIP code, or the Braeswood and Willowbend areas, did not see an increase or decrease and remained flat at 16 homes sold in December 2023 and 2024. Meanwhile, the 77030 ZIP code near the Texas Medical Center saw a 37.50% decline in homes sold.
The largest increase in prices was in the Bellaire neighborhood, which rose from below a million dollars at $917,140 to $1.34 million. The only area to see a decrease in prices last month were homes in the 77030 ZIP code, where prices dropped from $1.5 million to $1.1 million.
Homes also spent fewer days on the market in three of five local ZIP codes, including 77025, 77096 and 77005. Homes in West University Place spent five less days on the market while homes in the Braeswood and Meyerland areas spent 19 days and 14 days less on the market, respectively. However, homes in the 77030 and 77401 ZIP codes spent between 16 to 32 more days on the market in 2024 than 2023.
There were two homes sold for less than $250,000 and four between $750,000 and $999,999. The remaining 14 homes were sold between $500,000 and $749,999.
