Home Selling in 77025>Question Details

R Richardson, Home Seller in Houston, TX

What's the selling market for new construction homes in Houston like within 610 around Bellaire?

Asked by R Richardson, Houston, TX Sun May 24, 2009

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7
Mr. Richardson,

I'm a huge fan of the area. Ironically, one of my websites is http://www.77025.com

In the zip code 77025 there are currently only 11 homes on the market that were built since 2010. There are also a total of 8 homes currently under contract. Since Jan 1, 2011 there were a total of 27 homes sold in 77025 that were built since 2011.

It looks like the current market in 77025 is doing very well for newer construction.

If you liked my answer, please give me the "Thumbs Up" and reward me by designating me as the "Best Answer"!
Thanks!

Respectfully,

Chris Schilling, ABR, GRI, CRS, GREEN
Real Estate Broker
Turbo Realty
Web Reference: http://www.turborealty.com
1 vote Thank Flag Link Fri Feb 3, 2012
Hi R Richardson, The selling market is excellent for new construction homes within the 610/Bellaire area. The average selling price for single family new construction in the Bellaire market has been $940,000 and the properties are selling in less than 4 months from the date they're listed online. (not necessarily the same as the date they're complete.)

As of this posting there are only 12 available properties that do not have contracts on them in the Bellaire market. There are 17 properties underconstruction with pending contracts.

I think this is a great time and market place for new construction in Houston. The inventory is down to less than 2.5 months of available supply, and Houston is a growing city!

Nasyim Segal, Broker Associate
Boulevard Realty http://www.SegalRE.com
0 votes Thank Flag Link Wed Mar 27, 2013
new homes in the Bellaire area are not typically available ~ because they're selling at preconstruction. Find someone in the area to help you find the new construction homes. There are some going in ear Bellefontaine, as well other areas.

Let me know if I can help!

Thanks,


Stacey Christman
Scott O'Connell Properties
Cell: (713)-818-2695
Email: christman.stacey@gmail.com
Web: http://www.har.com/StaceyBullock
0 votes Thank Flag Link Mon Mar 18, 2013
Bellaire has 19.6 months of inventory and there are 67 homes for sale currently over $1million. I'm sorry I forgot to include that in my last answer.
Gail
0 votes Thank Flag Link Sun May 24, 2009
Actually, in 77025, the months of inventory currently is over 34 months. Eight properties sold in the last 12 months, and there are 23 available now. This is anything over $1,000,000. That might include a few resale, but I think it is mostly new. It is a big-time buyers' market! (Anything over 6 months is considered buyers' market.) Let me know if I can help you with one of these homes. I live right there!
Gail
0 votes Thank Flag Link Sun May 24, 2009
Hi there R,
I specialize in Real Estate in the Inner Loop. It's true what they say about Location, Location, Location. The inner loop is "THE" location in Houston. The higher end neighborhoods such as Bellaire, River Oaks, don't normally see too much of a slow down when it comes to sales. Please let me know if you need any help in the future. I can be reached at 832-643-5632.

Amber Carrillo, Broker/Owner
It Homes
ambersells@sbcglobal.net
0 votes Thank Flag Link Sun May 24, 2009
you can go to HAR.com and plug in the area..or write me w/a specific address or neighborhood and I will send you the "solds" for that area

springrealtor@sbcglobal.net
0 votes Thank Flag Link Sun May 24, 2009
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