October 2nd, 2014 at 5:22 pm by Team Burrhus Jimenez

The below five year price trends chart tracks the lower, mid, and upper market segments of Piney Point Village in Houston, TX 77024.  Sales data are from the Houston MLS, represent quarterly summaries for each segment of this market, and sales data are through September, 2014.  You know you have strong fundamental growth in a hyperlocal market when you see the lowest segment price appreciation, like we have seen since late 2013.  It looks subtle, but that represents a 50% baseline increase in this market space…in 12 months.  This folks is the fundamental no-bling segment of this market.  Lots of upwards price pressure.  In a word, superstrong.