Summer of decline for The Woodlands

In three-month span home values drop by more than $10,000
  • Oil and energy sectors continue to impact a number of Houston submarkets
  • More rural homes with acreage appear in greater demand
  • Average sales price of a home in The Woodlands is still at nearly $500,000

Considered Houston’s luxury submarket, The Woodlands experienced a huge dip in home values spanning May to mid-August. The average sales prices of a home in The Woodlands spanning October 2014 to September 2015 was $496,390, according to the Houston Association of Realtors.