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February 12, 2012
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  CONDITIONS™
By Local Real Estate Experts  


Market Conditions for West University in Houston, Texas

Reported by Meg & Jim Zoller of The Zoller Group, REALTOR

Updated January 23, 2012.

Current Market Rating: 3




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Current Price Trend: 3




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West University Place continues to be a popular neighborhood based on information obtained from The Houston Association of Realtors. In October 2011 there were 12 properties sold. The homes ranged in price from $655,000 for a 4 bedroom, 4 full and 1 half bath home on a 5,000 square foot lot to $2,245,000 for a 5 bedroom, 5/2 bath home on a 10,000 square foot lot. This gave us an average of $261.80 per square foot on October sold properties.

There are currently 04 single family homes available for sale in West University Place with asking prices ranging from $305,000 to $2,990,000. While the majority of these homes are of newer construction with a minimum of 4 bedrooms and 3000 sq. ft., there are also smaller homes available with 2 bedrooms that were originally constructed in the 1920's, 30's and 40's, and some properties being sold for lot value. There are also 17 pending properties in this very desirable neighborhood.

Based upon information gathered from the Houston Association of Realtors there were 22 West University Place homes sold in the month of May 2011. The homes ranged in price from $410,000 for a 3 bedroom, 1 bath home on a 7988 square foot lot to $2,759,240 for a 4 bedroom, 7 1/2 bath home on a 6868 square foot lot. This gave us an average of $287.46 per square foot on February sold properties

In September 2010 there were 17 properties sold. The homes ranged in price from $375,000 for a 4 bedroom, 2 bath home on a 6,936 square foot lot to $1,689,000 for a 4 bedroom, 4/1 bath home on a 10,000 square foot lot. This gave us an average of $249.83 per square foot on September sold properties.

Based upon information gathered from the Houston Association of Realtors there were 20 West University Place homes sold in the month of August 2010. The homes ranged in price from $415,000 for a 3 bedroom, 2 bath home to $1,300,000 for a 4 bedroom, 4/1 bath home. This gave us an average of $242.49 per square foot on August sold properties.
West University Place continues to be a popular neighborhood based on information obtained from The Houston Association of Realtors. In June there were 29 properties sold. The homes ranged in price from $368,250 for a 3 bedroom, 1/1 bath home on a 4550 square foot lot to $1,739,000 for a 4 bedroom, 4/2 bath home on a 7500 square foot lot. This gave us an average of $273.28 per square foot on June sold properties.

Based upon information gathered from the Houston Association of Realtors there were 29 West University Place homes sold in the month of April 2010. The homes ranged in price from $275,000 for a 2 bedroom, 1 bath home on a 5,000 square foot lot to $2,897,000 for a 4 bedroom, 5/1 bath home on a 14,000 square foot lot. This gave us an average of $265.21 per square foot on April sold properties.

There were 9 West University Place homes sold in the month of February 2010. The homes ranged in price from $280,000 for a 2 bedroom, 1 bath home on a 5,000 square foot lot to $1,225,000 for a 4 bedroom, 5 bath home on a 6,600 square foot lot. This gave us an average of $241.65 per square foot on February sold properties.

There were 13 West University Place homes sold in the month of January 2010. The homes ranged in price from $305,000 for a 2 bedroom, 1 bath home on a 5,000 square foot lot to $1,775,000 for a 4 bedroom, 4/1 bath home on a 7,875 square foot lot. This gave us an average of $235.15 per square foot on January sold properties.

West University Place continues to be a popular neighborhood based on information obtained from The Houston Association of Realtors. In December there were 20 properties sold, up from 13 in November. The homes ranged in price from $285,000 for a 3 bedroom, 1 bath home on a 5,000 square foot lot to $1,500,000 for a 4 bedroom, 4/1 bath home on a 6,875 square foot lot. This gave us an average of $237.30 per square foot on December sold properties.


ZIP Code: 77005

Approximate Location Boundaries: Kirby Drive to the East, Union Pacific Railway railroad track to the West, Bellaire Boulevard/West Holcombe Boulevard to the South, and Bissonnet and Law Streets to the North.

Location Characteristics: Commonly referred to as West University or West U for short, West University Place was developed by former Tennessee Gov. Ben Hooper. His idea for a community of country homes was conceived in 1910 when Governor Hooper bought a tract of land southwest of Houston out of an old Spanish land grant. The Houston West End Realty Company developed today's West University Place First Addition and put the first lots up for sale on April 1, 1917. The name "West University Place" originated from its proximity to Rice Institute (now known as Rice University). The city of West University Place incorporated in 1924 and adopted a formal city charter in 1940.
There are approximately 26 subdivisions in West University Place to include Rice Court, Pemberton, Colonial Terrace, Sunset Terrace, Cunningham Terrace, Evanston, Matthews Place, Kent Place, Monticello, Virginia Court, Belle Court, College Court Place, Collegeview, Preston Place, Pershing Place, Academy, Quenby Court, Bissonnet Place, Fairhaven, College Park, and Krenzler Courts and some sections simply known as West University Place.

Students who live in West University Place are zoned to West University Elementary, Pershing Middle School in the Braeswood Place neighborhood of Houston, and Lamar High School, in the Upper Kirby district of Houston.

The city's boundaries are: Kirby Drive to the East, Union Pacific Railway railroad track to the West, Bellaire Boulevard/West Holcombe Boulevard to the South, and Bissonnet and Law Streets to the North.



For More Information:

View Market Conditions of other areas served by Meg & Jim Zoller of The Zoller Group

Navigate: Top > Texas > Houston > West University

These reports reflect the views and opinions of their authors and are not necessarily the views and opinions of Realty Times.




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