4 Key Memorial Villages Real Estate Trends
Memorial Villages is a collection of six upscale villages located just 10 miles west of Downtown Houston: Hunters Creek, Piney Point, Hedwig, Bunker Hill, Spring Valley, and Hilshire.
Memorial Villages homes for sale are some of the most expensive real estate in Houston. Property prices in the area are still appreciating, with median sales price increasing by 71% over the past decade. This is higher than the numbers posted by Inner Loop neighborhoods with the best real estate appreciation.
Luxurious estates, stately homes, and gorgeously updated homes are common in the area. Apart from its affluence, Memorial Villages is one of the most desirable places to live due to its proximity to excellent schools, great location, and tranquil country living vibe.
For questions, advice, Memorial Villages 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.
Memorial Villages TX Resources:
- Memorial Villages Houston Neighborhood Guide
- All Memorial Villages Homes For Sale
- Memorial Villages Houston Maps
For an updated and customized Memorial Villages real estate pricing or trend analysis, please contact Paige Martin at Paige@HoustonProperties.com.
4 Interesting Memorial Villages Real Estate Market Trends
1. Memorial Villages homes have appreciated by 71% over the past 10 years.
Memorial Villages has one of the highest median sales prices in Houston and the state of Texas. From $826,002 in 2004, median sales price has increased to $1,408,815 in 2013.
2. Growth has slowed down over the last 5 years.
Impressive as the increase may be, appreciation is slowing down, but only by a little bit. Median sales price only increased by 23% from 2008 to 2013. Prices are still on a steady rise, however. Memorial Villages homes for sale marked a 9% positive change from 2012 to 2013.
3. Memorial Villages land prices are on the rise.
Land price per square foot in Memorial Villages increased from $24 in 2004 to $36 in 2013. Land prices tend to fluctuate, though only slightly.
4. Average price per square foot has increased by half in the last decade.
Along with home and land prices, the average price per square foot of Memorial Villages real estate has increased as well. In 2004, the average was at $200. In 2013, it had increased to $305 per square foot, a significant 53% change.
Memorial Villages TX 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 Memorial Villages 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 Memorial Villages.
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 Paige@HoustonProperties.com or 713-384-5177.
