3443 Inwood Drive, photo courtesy of Houston Association of Realtors
High demand is fueling home sales across the country as the housing market continues to lead economic recovery amid the pandemic. In Houston, home sales have quickly rebounded to levels considered to be normal for the summer buying season. Chalk it up to low inventory and post-lockdown pent-up demand, but the Houston Association of Realtors expects the momentum will continue throughout the summer.
While sales in the luxury sector have struggled, declining 10.6% in June as lenders increasingly shied away from jumbo loans, clearly some buyers are not hindered by recession or financing concerns. Nine Houston agents closed on homes in July priced between $3,765,000 and $8,495,000 according to a recently released report from HAR:
- Adriana Banks, Douglas Elliman, 256 Hedwig, list price $7,250,000
- Carol Rowley, Compass, 2615 Barbara Lane, list price $3,765,000
- Courtney Robertson, Compass, 5305 Green Tree Road, list price $3,995,000
- Dee Dee Guggenheim Howes, Compass, 3443 Inwood Drive, list price $8,495,000
- Dee Dee Guggenheim Howes, Compass, 3229 Del Monte Drive, list price $5,500,000
- Jay Monroe, Martha Turner Sotheby’s, 2 Tiel Way, list price $6,900,000
- Kellie Geitner, Martha Turner Sotheby’s, 9010 Sandringham, list price $6,500,000
- Laura Sweeny, Compass, 3202 Reba Drive, list price $3,995,000
- Kasteena Parikh, Keller Williams Memorial, 3519 Tangley Road, list price $3,999,000
- Sue Atlas, Greenwood King Properties, 10915 Wickline Drive, list price $4,699,000