In case you’re in the market for a condominium in Houston or just looking for some interesting real estate facts, you may want to see how Houston’s high-rise market stacks up to other cities.
3RD MOST EXPENSIVE : 1000 UPTOWN PARK BLVD, VILLA D’ESTE
Last month, this 4,000 sq ft high-rise sold for $2.245, after having been listed for 32 days at $2.395.
2ND MOST EXPENSIVE: 2121 KIRBY DR., THE HUNTINGDON
At $2.450, this 5800 sq ft, Condo sold last month, after being listed for 421 days at $2.499.
TOP MOST EXPENSIVE CONDO SALE THIS YEAR IN HOUSTON: 1600 POST OAK BLVD., COSMOPOLITAN
For a whopping $2.950, the Cosmopolitan sale occurred in June of this year after being on the market for 428 days at $3.199.
What I find most interesting about these sales, is that they were not far off their listing prices, considering the slump in high-rise sales across the country. Houston, not being one of the biggest “high-rise” living type cities, like Miami or NYC, still pulled off sales of condos above 2 million dollars. Miami, on the other hand, had 8 condo sales in September above the million dollar mark, one being as high as $6.75, which was reduced from a listing price of $8.395.