Houston, TX Market Trends

Looking for more information on sold properties? Get the critical details you need on recent commercial property transactions days after the close of sale.

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Retail Property Asking Price Index - Sale Trends

  Jun 16 vs. 3 mo. prior Y-O-Y
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State
$151.85 +4.3% +12.0%
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Metro
$179.73 +3.7% +14.7%
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County
$182.55 +1.7% +13.3%
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City
$180.79 +0.8% +7.7%

Current Houston market trends data indicates an increase of +0.8% in the median asking price per sq ft for Retail Commercial properties compared to the prior 3 months, with an increase of +7.7% compared to last year's prices. County-wide, asking prices for Retail Commercial properties are 1.7% higher at $183 per sq ft compared to the current median price of $181 per sq ft for Retail Commercial properties in Houston, TX.

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Retail Property Total $ Available For Sale - Sale Trends

  Jun 16 vs. 3 mo. prior Y-O-Y
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Metro
32 +15.9% +4.5%

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Retail Property No. of Listings - Sale Trends

  Jun 16 vs. 3 mo. prior Y-O-Y
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Metro
32 +3.3% -0.4%

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Retail Property Profile Views (Demand) - Sale Trends

  Jun 16 vs. 3 mo. prior Y-O-Y
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Metro
135 +14.2% +20.9%

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Retail Property Total SF Available - Sale Trends

  Jun 16 vs. 3 mo. prior Y-O-Y
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Metro
26 +3.5% -5.0%

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Retail Property Asking Rent - Lease Trends

  Jun 16 vs. 3 mo. prior Y-O-Y
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State
$15.05 +0.4% +1.2%
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Metro
$16.06 +1.3% +4.3%
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County
$15.69 +1.7% +4.7%
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City
$15.52 +1.4% +4.5%

The average asking rental rate per sq ft/year for Retail Commercial properties in Houston, TX as of Jun 16 was $15.52. This represents an increase of 1.4% compared to the prior 3 months, with an increase of +4.5% year-over-year. County-wide, average rental rates in Houston are +1.7% higher at $15.69 per sq ft/year for Retail Commercial properties currently for lease.

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Retail Property No. of Spaces - Lease Trends

  Jun 16 vs. 3 mo. prior Y-O-Y
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Metro
64 +1.5% +12.0%

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Retail Property Profile Views (Demand) - Lease Trends

  Jun 16 vs. 3 mo. prior Y-O-Y
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Metro
162 -47.9% -38.9%

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Retail Property Total SF Available - Lease Trends

  Jun 16 vs. 3 mo. prior Y-O-Y
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Metro
45 +2.8% +14.8%