BBBB for the Week of Feb 21, 2021: 🏘️Shortest List + Heights RE Update 📈
in Becky's Best Bungalow Bets, HeightsHello BBBB Friends:
Whew! Glad the past week is over! My work this week is pretty easy as there were only 4 new listings this week, 2 already under contract. If you are planning on hitting the open house trail today, you have 17 homes to choose from here in the Heights. To view price changes, new contracts, and final sales for the week for homes that are Still on My List, keep scrolling down!HEIGHTS MARKET UPDATE
Even as the supply of homes in the Heights area continues to shrink, sales continued apace to best last January's sales by over 10% with substantial increases in average and median sales prices. Continued increases in sales are not sustainable without an infusion of new listings into the market. Unfortunately, the winter storm most likely reduced the number of new listings coming up as homeowners assess and repair damages.
CATEGORIES | JAN 2020 | JAN 2021 | CHANGE |
---|---|---|---|
ACTIVE LISTINGS | 275 | 255 | -7.3% |
SALES | 37 | 41 | 10.8% |
AVG SALES PRICE | $651,274 | $720,653 | 10.7% |
MEDIAN SALES PRICE | $580,000 | $655,000 | 12.9% |
AVG DAYS ON MARKET | 123 | 85 | -30.9% |
MEDIAN DAYS ON MARKET | 59 | 35 | -40.7% |
CLOSE TO LIST PRICE RATIO | 98% | 98% | 0.0% |
Let’s go look at houses or talk about selling yours!!!
Becky
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Information About Brokerage Services
TREC Consumer Protection Notice
Becky Davis
Compass Realty
832-628-8221
Thinking of selling? We can front the cost for painting, landscaping, upgrades, and more. No fees or interest, EVER! Click here for more information.
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THIS WEEK'S FEATURED PROPERTIES
1121 Nadine: $595,000
- Stude (south of Sunset Heights East)
- Craftsman bungalow c. 1937
- 3/2, 1355 sq ft on 5000 sq ft lot
- Updated kitchen and baths
- Mudroom
- Small yard
- Gated driveway access to 2 car detached garage
- Curbed street provides additional parking
- Zoned to Field Elementary
1525 Cortlandt: $1,274,999
- Heights East Historic District
- Tudor Revival c. 1911
- 3/2, 2830 sq ft on 13,200 sq ft lot
- Wrap-around porch
- Craftsman interior with stained trim and beams
- Kitchen and bath updates
- Parlor and office/play area
- Sideyards with plenty of green space
- Garage APT (693 sq ft, 1 bedroom with full kitchen and bath)
- Driveway access with auto-gate to 2 car detached garage
- Zoned to Field Elementary
Moving on...PRICE REDUCTIONS & STATUS UPDATES THIS WEEK
PRICED REDUCED
723 E 25th St: $485,000 was $499,999
- Sunset Heights
- Pediment bungalow c. 1928
- 2/2, 1184 sq ft on 3851 ft lot
- Wraparound porch/deck
- Kitchen and bath updates
- Double pane windows
- Large deck and patio for entertaining
- Fenced and landscaped green space in front
- Driveway access to 2 car detached garage
- Zoned to Field Elementary
440 Heights Blvd: $1,180,000
- Heights East Historic District
- Queen Anne bungalow c. 1930
- 3/2/1, 2604 sq ft on 7500 sq ft lot
- Entertainment-size wrap-around front porch
- Remodeled 2018
- Primary bedroom and study up, 2 secondary bedrooms down
- Bricked and landscaped back yard with pergola and outdoor kitchen
- Alley access to 2 car detached garage
- Curbed street provides additional parking
- Zoned to Harvard Elementary
OPTION PENDING
Price at time of contract: $599,000
Original List Price: $599,000
Days on Market: 3
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OPTION PENDING
Price at time of contract: $600,000
Original List Price: $600,000
Days on Market: 4
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OPTION PENDING
Price at time of contract: $635,000
Original List Price: $635,000
Days on Market: 3
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PENDING
Price at time of contract: $825,000
Original List Price: $825,000
Days on Market: 3
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GOING, GOING, GONE
SOLD
Sales price: $326,500
Price at time of contract: $335,000
Original List Price: $349,000
Days on Market: 41
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SOLD
Sales price: $585,000
Price at time of contract: $599,000
Original List Price: $610,000
Days on Market: 33
Seller's Contribution: $1,625
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SOLD
Sales price: $725,000
Price at time of contract: $739,999
Original List Price: $739,999
Days on Market: 14
Seller's Contribution:
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BUT WAIT, THERE'S MORE...
This is just the latest and greatest; however, there are still lots more on my list that you can check out here: