In October, there were more $1 million-plus home sales in Galleria-Uptown than any other neighborhood in Houston, according to our latest REAL DATA report.
A dozen sales with an average closing price of $2.18 million made Galleria-Uptown the city’s most active luxury markets last month, but close behind was Greater Heights, where 10 luxury sales were closed at an average of $1.28 million.
Houston’s luxury market has struggled in 2016, with prices and sales slipping. But as our below table illustrates, some markets are retaining, at least in part, their luxury appeal.
|Neighborhood||$1M+ Sales||Average Sale Price|