Luxury home sales are falling, too | Business | Chron.com – Houston Chronicle
While sales dipped in some of Houston’s most exclusive neighborhoods, values in those areas didn’t follow the same trend. The median price per square foot in River Oaks last year was $360.96, up 5 percent over 2007, according to the Crawford data. Tanglewood values were flat, and West University Place posted a 12 percent increase. [...]
