WEST U REAL ESTATE.COM

Houston Real Estate Source

 


Memorial Close-In (east of Chimney Rock, west of 610)

 1997-2009 Change in Average Price Per Square Foot Paid: +117%

Median Sales Price: The value with 50% above and 50% below or the value "in the middle". Average Price Per SF: The sales price divided by the size of the house. Land Price Per SF: The sales price divided by the size of the lot in "teardown" sales and lot sales
 

Year

Median Sales Price

Average Price Per SF

Land Price Per SF*

1997

$ 606,250

$ 147.77

$ 11.21

1998

$ 710,000

$ 176.19

$ 14.95

1999

$ 927,325

$ 199.19

$ 13.43

2000

$ 1,362,500

$ 228.66

$ 13.25

2001

$ 1,497,000

$ 243.88

$ 14.90

2002

$ 1,091,150

$ 240.24

$ 18.05

2003

$ 1,195,000

$ 230.75

-

2004

$ 1,800,000

$ 296.13

$ 17.26

2005

$ 1,276,629

$ 278.69

$ 23.52

2006

$ 1,740,000

$ 289.10

$ 23.13

2007

$ 2,200,000

$ 360.46

$ 33.82

2008

$ 2,700,000

$ 381.52

$ 38.07

2009

$ 1,477,500

$ 320.82

$ 35.04


* Land value calculations were made on fewer than 30 sales and therefore may not accurately determine land values.




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This web site created and maintained by:
Judy Thompson
Strictly a Buyer's Agent
West U Real Estate LLC
1919A Harold St.
Houston, TX  77098
Telephone: (713) 522-4953
E-mail: judythompson@att.net

All information is deemed reliable but not guaranteed and should be independently verified.

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