5 Interesting Energy Corridor Real Estate Trends
See Energy Corridor real estate, home sales, and investment data. The article covers Energy Corridor neighborhood analysis and review of homes for sale.
The Energy Corridor is located along a stretch of Katy Freeway between Beltway 8 and Grand Parkway. It is a 1,700-acre district in West Houston.
The district's reputation as a major employment center coincides with its status as one of Houston's hottest real estate markets. Energy Corridor homes for sale also have some of the most competitive prices in the area.
Property prices have been on a steady rise. The median sales price increased by 48% over the past 10 years. The price per square foot is at its highest ever.
For questions, advice, Energy Corridor TX 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.
"The Houston Property Team were all simply outstanding! They are extremely knowledgeable and competent, they also provided a comprehensive analysis of all the condos and neighborhoods we were interested in making the whole buying process very easy. We highly recommend them and could not be happier about our choice!" - Claudia O'Leary (Google Review)
Table of Contents
- 5 Interesting Energy Corridor Real Estate Market Trends
- More Energy Corridor and Houston TX Resources
- The Best Houston Realtor to Sell Your Home
5 Interesting Energy Corridor Real Estate Market Trends
For an updated and customized Energy Corridor real estate pricing or trend analysis, please contact Paige Martin at [email protected].
1. Property values are on a steady 10-year rise.
Energy Corridor homes marked a 48% increase in median sales price, from $284,000 to $420,000. Apart from slight fluctuations, property values in the district remain strong.
2. Median sales price jumped to 10% in the past year.
From $382,000, the Energy Corridor median sales price increased to $420,000. This illustrates the market’s overall strength.
3. Energy Corridor homes for sales show very slight fluctuation.
The Energy Corridor’s wide range of homes for sale varies in size, type, and price. Despite slight fluctuations in some years, property values have maintained a steady increase.
4. Price per square foot is at an all-time high.
In the past decade, the price per square foot in the Energy Corridor has increased by 50%, from $114 to $171.
5. Property inventories are shrinking.
Despite the surge of new construction homes in the area, the Energy Corridor inventory has become one of the tightest in Houston. The average length of day of a listing on the market is 49 days.
More Energy Corridor and Houston TX Resources
" The entire Houston Properties team made the home buying a breeze. As first-time homebuyers, my wife and I were a bit nervous going into the process but the HP team made us feel comfortable with their knowledgeable guidance, proactive communication, and friendly demeanor. I definitely recommend them." - Jonathan Prim (Google Review)
The Best Houston Realtor to Sell Your Home
The Houston Properties Team has a well-defined structure based on the individual strengths of each member. Each member is a specialist in their role – which is why our homes sell faster and for more money than average.
Paige Martin, Broker Associate with Keller Williams Realty, and the Houston Properties Team are ranked among the top residential Realtors in the world.
They have been featured on TV and in dozens of publications including The Wall Street Journal, Fortune Magazine, Reuters, Fox News in the Morning, Money Magazine, Houston Business Journal, Houstonia, and Houston Chronicle.
Paige Martin was just ranked as the #5 agent in the world with Keller Williams, completing over $1 Billion in Houston residential real estate sales.
Recent awards include:
– 2022: #1 Residential Real Estate Team by Sales Volume, Houston Business Journal
– 2021: Best Real Estate Teams in America, RealTrends.com
– 2021: Top 100 Women Leaders in Real Estate of 2021
– 2021: America’s Top 100 Real Estate Agents
– 2021: Top Real Estate Team (Houston Properties Team), Houston Business Journal
– 2021: Best Houston Real Estate Team, Best of Reader’s Choice
– 2021: Top Real Estate Team (Houston Properties Team), Houston Business Journal
– 2021: #1 Real Estate Team, Keller Williams Memorial
– 2020: America’s Best Real Estate Teams, Best of America Trends
– 2020: Best Houston Real Estate Team, Best of Reader’s Choice
– 2020: Top Real Estate Team (Houston Properties Team), Houston Business Journal
– 2020: #6 Individual Agent, Keller Williams, Worldwide
– 2020: #1 Individual Agent, Keller Williams, Texas (Top Keller Williams Realtor)
– 2020: #1 Real Estate Team, Keller Williams Memorial
- 2019: Top Residential Realtors in Houston, Houston Business Journal
- 2019: America’s Best Real Estate Agents, RealTrends.com
- 2019: #5 Individual Agent, KW Worldwide
- 2019: #1 Individual Agent, KW Texas
- 2018: #5 Individual Agent, Keller Williams, Worldwide
- 2018: #1 Individual Agent, Keller Williams, Texas
- 2018: #1 Individual Agent, Keller Williams, Houston
- 2018: America’s Best Real Estate Agents, RealTrends.com
- 2018: Top 25 Residential Realtors in Houston, Houston Business Journal
- 2018: Texas’ Most Influential Realtors
- 2017: #1 Individual Agent, Keller Williams, Texas
- 2017: #1 Individual Agent, Keller Williams, Houston
- 2017: #10 Individual Agent, Keller Williams, Worldwide
- 2017: America’s Best Real Estate Agents, RealTrends.com
- 2017: Top 25 Residential Realtors in Houston, Houston Business Journal
- 2017: Texas’ Most Influential Realtors
- 2016: #1 Individual Agent, Keller Williams, Texas
- 2016: #1 Individual Agent, Keller Williams, Houston
- 2016: #20 Individual Agent, Keller Williams, Worldwide
- 2016: Texas’ Most Influential Realtors
- 2016: Top 25 Residential Realtors in Houston, HBJ
- 2016: Five Star Realtor, Featured in Texas Monthly
- 2016: America’s Best Real Estate Agents, RealTrends.com
- 2015: #9 Individual Agent, Keller Williams, United States
- 2015: #1 Individual Agent, Keller Williams, Texas
- 2015: #1 Individual Agent, Keller Williams, Houston
- 2015: America’s Best Real Estate Agents, RealTrends.com
- 2015: Top 25 Residential Realtors in Houston, HBJ
- 2015: Five Star Realtor, Texas Monthly Magazine
- 2014: America’s Best Real Estate Agents, RealTrends.com
- 2014: #1 Individual Agent, Keller Williams Memorial
...in addition to over 318 additional awards.
Paige also serves a variety of non-profits, and civic and community boards. She was appointed by the mayor of Houston to be on the downtown TIRZ board.
Benefits Of Working With The Houston Properties Team
Our team, composed of distinguished and competent Houston luxury realtors, has a well-defined structure based on the individual strengths of each member.
We find the team approach as the most effective way to sell homes. We have dedicated people doing staging, marketing, social media, open houses, and showings. Each Houston Properties Team member is a specialist in their role—which is why our homes sell faster and for more money than average.
The benefits of working with a team include:
- the ability to be in two or three places at one time; a member can handle showings, while another answer calls
- collective time and experience of members
- targeted advice and marketing of agent expert in your area
- competitive advantage by simply having more resources, more ideas, and more perspectives
- a “checks and balances” system; selling and buying a home in Houston is an intensely complex process
- more people addressing field calls and questions from buyers and agents to facilitate a faster, successful sale
- efficient multi-tasking; one agent takes care of inspections and repair work, while another agent focuses on administrative details
- multiple marketing channels using members’ networks
- constant attention: guaranteed focus on your home and your transaction
- lower risk for mistakes. Multiple moving parts increase oversights. A team approach handles these “parts” separately
- flexibility in negotiation and marketing
- better management of document flow
- increased foot traffic through more timely and effective showing schedule coordination; and
- increased sphere of influence and exposure to more potential buyers.
To meet all the award-winning members of the Houston Properties Team, please go here.
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