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Sep 17, 2014

CBRE: Houston Land Market Flash

HOUSTON - CBRE has released a Houston Market Flash for the Houston land market. Multifamily, master-planned single-family communities, and industrial developments lead Houston land sales. *based on asking prices for...
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by
CBRE

HOUSTON – CBRE has released a Houston Market Flash for the Houston land market. Multifamily, master-planned single-family communities, and industrial developments lead Houston land sales.

Average Land Prices Per SF*
Market Area2Q 20141Q 20144Q 20133Q 20132Q 2013
CBD $101 $103 $102 $90 $102
Greenway Plaza $81 $81 $81 $78 $81
Gulf Freeway / Pasadena $5 $5 $6 $6 $6
NASA / Clear Lake $5 $5 $5 $5 $5
Northwest Far $5 $5 $5 $5 $5
S. Main / Medical Center $32 $31 $45 $38 $45
Southwest / Beltway 8 $7 $7 $6 $6 $6
Uptown / Galleria $110 $113 $112 $115 $112
Westchase $12 $17 $16 $18 $16
The Woodlands $5 $4 $4 $4 $4

*based on asking prices for sites currently on the market

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Written by
CBRE
Last updated
Mar 28, 2024

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