REAL ESTATE • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • •That was in keeping with trends in the overall Houston luxury
market — $750,000 and higher — which showed a 2.6 decline
in sales.
The Houston market as a whole registered its seventh positive
month of 2019 and the second largest single-month sales vol-ume
of the year. Sales are still on target to exceed 2018’s record
volume.
BELLAIRE HOME SALES AVERAGE PRICE MEDIAN PRICE
$824,000
$753,675
$1,209,750
$1,162,500
Page 27 | THE ESSENTIALS
The Bellaire Planning & Zoning Commission has sched-uled
a public hearing for Nov. 14 on two applications
that would create a new “office plaza mixed-use” zoning
designation on a two-acre wooded property on Bissonnet just
north of the AT&T property on the West Loop.
Identity Architects has filed the applications on behalf of Bis-sonnet
Street Ventures. After the hearing, the P&Z is expected
to vote on the zoning on Dec. 12, which could be followed by
City Council consideration early in 2020.
If approved, the firm would come forward with formal plans —
although their intentions are highly visible with architect’s ren-derings
and specs for a mid-rise Class A medical office building
already being leased with high-end retail and an adjacent
parking building, touted for occupancy in 2021.
Social media — and even the Bellaire municipal candidates’
forum — have brought forth concerns and outright opposition
to what appears to be the loss of a grove of mature trees and a
greenspace.
SEPTEMBER
2018
SEPTEMBER
2019
19
13
$880,621
$945,879
Change -31.6% +7.4% -8.5%
WEST U HOME SALES AVERAGE PRICE MEDIAN PRICE
SEPTEMBER
2018
SEPTEMBER
2019
18
20
$1,297,099
$1,210,105
Change +11.1% -6.7% -3.9%
Source: Houston Association of REALTORS®’ Multiple Listing Service (MLS)
New zoning sought for Bellaire office
plaza at Bissonnet/West Loop
This is one look of the proposed medical-retail mid-rise where
a two-acre greenspace and grove of mature trees now stands.
(LoopNet)
No surprise: Bellaire, West U home sales,
prices flatline in September
Sales and prices were flat in both Bellaire and West University
housing markets in September — usually a slow month — ac-cording
to the figures provided to Essentials each month by the
Houston Association of Realtors.
Only 13 homes sold in Bellaire, with a slight bump in the av-erage
price and decline in the median price. West U posted a
modest gain in homes sold year-over-year for the same month,
with average and median prices both down.