Prices
by region
Home price trends for various locations in the Houston
area: |
| |
|
|
| Location |
Share
of sales
in 2003 |
Average
annual increase since 1998 |
| |
|
|
Inside
Loop 610
|
6.0% |
8.2% |
Between
Loop 610 and
Beltway 8
|
18.2% |
8.0% |
| Outside
Beltway 8 |
75.8% |
5.8% |
| |
|
|
| Source:
Crawford Realty Advisors prepared this analysis based upon information
compiled by the Houston Association of Realtors - www.HAR.com. |
| Snapshots
of home sales by region in 2003
Transactions handled through Houston Area of Realtors. |
| |
|
| INSIDE
THE LOOP |
|
| Average
sales price |
$348,036 |
| Median sales
price |
$254,000 |
| 90 percent
of homes sold for less than ... |
$680,000 |
| Most expensive
sale |
$8 million |
| |
|
| BETWEEN
THE BELTWAY AND THE LOOP |
|
| Average sales
price |
$173,506 |
| Median sales
price |
$105,000 |
| 90 percent
of homes sold for less than ... |
$340,000 |
| Most expensive
sale |
$3.4 million |
| |
|
| OUTSIDE
THE BELTWAY |
|
| Average sales
price |
$162,776 |
| Median sales
price |
$137,900 |
| 90 percent
of homes sold for less than ... |
$208,000 |
| Most expensive
sale |
$2.1 million |
| |
|
| Source:
Crawford Realty Advisors. |
|
|