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The Piney Point area of Houston continues to showcase its unique position in the luxury real estate market. Here’s a snapshot of recent trends and what they mean for buyers and sellers:
Sales Prices Surge
- Median Sales Price jumped to $650,000 in September 2025, up from $488,800 in August. This marks a strong rebound after mid-year fluctuations.
- Average Sold Price remains well above the million-dollar mark at $1,255,044, reflecting the high-end nature of this neighborhood.
Inventory & Listings
- Inventory sits at 406 homes, slightly down from the summer peak of 423.
- New Listings in September were 176, showing steady activity despite seasonal slowdowns.
Buyer Activity
- Accepted Offers totaled 63, with a ratio of 35.8% of new listings, indicating a competitive but selective market.
- Days on Market (DOM) increased to 49, suggesting buyers are taking more time to make decisions.
Pricing Dynamics
- Price per Square Foot climbed to $311, consistent with luxury property standards.
- The Sales Price/List Price Ratio held at 96%, showing sellers are pricing realistically and deals are closing close to asking.
Market Outlook
With a Months Supply of Inventory (MSI) at 6.34, Piney Point is leaning toward a balanced market, giving both buyers and sellers room to negotiate. High-end homes continue to dominate, and the upward trend in median prices signals confidence in this exclusive enclave.
While much of the market sits in a state of flux, Piney Point continues to showcase it’s unique offering.
