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
Let me know if I can help!
Scott O'Connell Properties
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