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    Realtor Heaven

    The hottest real estate market in America: Houston home sales rack up another record month

    Ralph Bivins
    Jul 16, 2013 | 5:53 pm

    Houston’s housing market recorded the third-highest sales total in the city’s history in June with record-high prices and fast-paced dealing continuing a torrid tone this summer.

    The Houston Association of Realtors reported 7,220 single-family Houston area houses were sold last month. With records going back many years, the only times the monthly sales total was higher was in June, 2006 and this past May.

    “The real (estate) market remains very, very, very strong,” said Amy Bernstein of Bernstein Realty. “There continues to be a strong demand and a small supply of homes for people to purchase.”

    The recent uptick in mortgage rates has motivated many “fence-sitter” buyers to start pursuing a home purchase before rates go up some more, Bernstein said. Rates for 30-year mortgages are still below 5 percent, which is not high compared to the 1980s when rates were above 10 percent.

    “The real (estate) market remains very, very, very strong."

    Buyers are also moving quickly now to get a home secured so they can register their kids for school, Bernstein said.

    Sellers often receive multiple offers when they list their house for sale. Prices are going up, with record high prices reported in June.

    The median price of a Houston single-family home — the midpoint at which half the homes sold for more and half for less — rose 13 percent to $192,000, up from $170,000 in June 2013, the Houston Realtors reported. The average price increased 14 percent year-over-year to $268,085.

    June sales of Houston townhouses and condominiums increased 10 percent from one year earlier. A total of 604 units sold in June, compared to 548 properties in June of last year.

    The low mortgage rates and Houston’s economic boom have been driving the housing surge. Houston, boosted by the energy business, has added 91,000 new jobs over the last year, one of the best job growth markets in the nation. June represented the 25th consecutive month that home sales have increased.

    The inventory of homes for sale has been very tight. But the inventory did not tighten further in June. It remained unchanged in June from the 3.3-month level it reached in May. By comparison, the inventory of single-family homes across the United States stands at 5.1 months. Both represent very tight inventories. A six-month supply is considered a balanced market.

    “The Houston housing market plowed full-steam ahead through another month and most Realtors I know have never been busier,” said HAR Chairman Danny Frank with Prudential Anderson Properties.

    “The fact that inventory has leveled off month-over-month suggests that we may finally be starting to see enough homes listed for sale to keep up with demand.”

    unspecified
    news/real-estate

    living history

    Houston-area ranch tied to Stephen F. Austin hits the market at $14.8M

    John Egan
    Nov 12, 2025 | 9:15 am
    Estancia Pueblo Viejo Ranch
    Photo courtesy of Martha Turner Sotheby’s International Realty
    The historic Estancia Pueblo Viejo Ranch in Sealy is listed for $14.8 million.

    If you can rustle up $14.8 million, you can purchase a 91-acre ranch nearly 50 miles west of Houston that’s a piece of Texas history.

    The Estancia Pueblo Viejo Ranch, situated about eight miles east of Sealy near I-10, is located on property within Stephen F. Austin land-grant territory.

    In the early 1800s, Austin — nicknamed the “Father of Texas” — obtained land grants to colonize what then was part of Mexico. The number of land-grant recipients totaled 297, including Austin, according to the Texas State Historical Commission. The settlers came to be known as Austin’s Old 300, even though the number of grantees was three shy of that number.

    Estancia Pueblo Viejo Ranch The 91-acre property on the banks of the Brazos River has its own winery and vineyard.Photo courtesy of Martha Turner Sotheby’s International Realty

    Nestled along the Brazos River, the Estancia Pueblo Viejo Ranch (3401 Pueblo Viejo Ln., Sealy) was designed by Kai Geschke and built by Kirksey Homes in 2020. The 6,777-square-foot main house features four bedrooms, four bathrooms, and two partial bathrooms.

    “The single-story main home showcases masterful craftsmanship, premium finishes, and a timeless design with world-class masonry and woodworking found throughout the property,” say real estate agents Walter Bering and Linda Plant of Houston-based Martha Turner Sotheby’s International Realty, which has the listing.

    Former polo players John Hall and Leigh Anne Schnell Hall are selling the ranch. They’re the father and stepmother of trophy-winning professional polo player Jeff Hall.

    Estancia Pueblo Viejo Ranch The unique eight-stall barn is inspired by a legendary Argentine polo barn.Photo courtesy of Martha Turner Sotheby’s International Realty

    A barn on the estate is inspired by a legendary Argentine polo barn and features eight oversized stalls, air-conditioned tack room, reclaimed algarrobo doors, quebracho wood countertops, and vintage railroad spikes as functional art.

    Highlights of the gated estate include:

    • Primary suite with river views.
    • Guest suite with kitchenette.
    • His-and-hers offices.
    • Gym and sauna.
    • Screened-in porch.
    • Butler’s pantry.
    • Infinity-edge swimming pool.
    • Winery and vineyard.
    • Barn with eight horse stalls and a two-bedroom, one-bathroom apartment equipped with a kitchen.
    • Staff quarters with three apartments and a 3,200-square-foot equipment shop.
    • 125-kilowatt power generator.

    Estancia Pueblo Viejo Ranch

    Photo courtesy of Martha Turner Sotheby’s International Realty

    The historic Estancia Pueblo Viejo Ranch in Sealy is listed for $14.8 million.

    ranch for salehistoryluxury real estatehome-for-sale
    news/real-estate
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