5 Key Hunters Creek Real Estate Trends
The median sales price of Hunters Creek real estate has increased by an impressive 65% over the past 10 years. This is in line with the rest of the Memorial Villages – Piney Point, Hedwig, Bunker Hill, Spring Valley, and Hilshire – which have collectively marked a 71% appreciation during the same period.
Hunters Creek Village boasts of the most expensive real estate in Texas. Median sales price went from $1,150,000 in 2005 to $1,899,650 in 2014. This 10-year 65% increase is notably higher than some Inner Loop neighborhoods with the best real estate appreciation rates.
Hunters Creek real estate typically feature large lots ranging from 20,000 to more than 40,000 square feet. Luxury estates, stately mansions, and updated ranch-style homes are prevalent in the area.
Noted for its verdant locale, Hunters Creek homes for sale are also prized for their proximity to excellent schools, entertainment and retail hubs, and business centers.
For questions, advice, Hunters Creek real estate recommendations, or off-market MLS listings, contact Paige Martin, head of the Houston Properties Team and rated as the best Keller Williams Memorial realtor the last four years.
Hunters Creek Village TX Resources:
For an updated and customized Hunters Creek real estate pricing or trend analysis, please contact Paige Martin at [email protected].
5 Key Hunters Creek Real Estate Trends
1. Hunters Creek homes have appreciated by 65% in the past decade.
From 2005 to 2014, Hunters Creek homes for sale marked a 65% increase in median sales price. As impressive as those numbers are, the spike in median sales price between 2012 and 2014 is far more impressive. From $1,115,020 in 2012, Hunters Creek real estate shot up to a $1,899,650 median sale price.
2. Hunters Creek lot prices are also increasing.
Lot prices have appreciated at a similar pace. In 2005, average lot price per square foot was at $32. Ten years later, Hunters Creek lots sell for $43 per square foot.
3. Growth slowed down over a 5-year period.
The area’s appreciation is slowing down. From 2009 to 2014, Hunters Creek median sales price only increased by 37%. It is a far more conservative positive change; however, it is still higher than most appreciation rates.
4. Price per square foot has increased by more than half in the last 10 years.
Over the last 10 years, the average price per square foot has changed by 55%, from $231 in 2005 to $357 in 2014.
5. Prices in Hunters Creek tend to fluctuate.
This doesn’t indicate an unstable market. Older homes tend to sell for much cheaper than newer construction homes.
A current teardown trend is providing an influx of newer, more expensive homes.
Hunters Creek Houston Realtor – Paige Martin
As featured on Fox News in the Morning, the Houston Business Journal, Houston Chronicle, and Houston Magazine, Paige Martin – a consistent Top Producing Broker-Associate and head of the Houston Properties Team – is ranked amongst the very top Keller Williams agents in the Houston area.
Paige is ranked as one of the top realtors in Hunters Creek Houston, and the state of Texas. Read more about the over 65 awards she’s won in the last few years.
Paige works with a tremendous number of buyers and sellers in Hunters Creek.
For a specific recommendation of neighborhoods, homes or properties based upon your personal style, goals & price point, please contact Paige Martin, head of the Houston Properties Team & Broker Associate at [email protected] or 713-425-4194.
