Greater Houston’s most active luxury markets, Jan. 2017

by James McClister

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In January, there were once again more $1 million-plus home sales in Houston proper than any other market in the greater metropolitan area, though sales were down across the board from Dec. 2016, according to our latest REAL DATA report.

With 33 sales and an average closing price of $1.87 million, Houston was the area’s most active luxury market, but posted less than half the number of sales from December. Following far behind in the No. 2 spot was West University Place, where despite tripling its sales from November, only 15 sales were closed (at an average price of $1.65 million).

Check out our table below to see how the top luxury markets in Greater Houston compare:

City $1M+ Sales Avg. Sale Price
Houston 33 1,872,082
West University Place 8 1,718,350
The Woodlands 7 1,703,571
Galveston 3 1,177,000
Hunters Creek 3 1,492,666
Bellaire 3 1,237,366
Piney Point 2 2,301,250
Richmond 2 1,537,500
Fulshear 2 1,714,750
Lakeway 2 1,375,000
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