Greater Houston’s top 10 luxury housing markets, Nov. 2016

by James McClister


In November, there were once again more $1 million-plus home sales in Houston proper than any other market in the greater metropolitan area, according to our latest REAL DATA report.

With more than 50 sales with an average closing price of $1.57 million, Houston was the area’s most active luxury market. Following way behind in the No. 2 spot was The Woodlands, where only 6 luxury sales closed at an average of $1.6 million.

Greater Houston’s luxury market has struggled in 2016, with prices and sales slipping. But as our table below illustrates, some markets are holding onto their luxury appeal:

City $1M+ Sales Avg. Sale Price
Houston 57 $1,574,906
The Woodlands 6 $1,600,833
West University Place 5 $1,387,100
Southside Place 4 $1,655,556
Hunters Creek 3 $1,913,250
Bellaire 3 $1,390,000
Galveston 2 $1,041,000
Cypress 2 $1,65,6250
Hilshire 2 $1,148,000
Katy 2 $1,210,000

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