|Apartment Size||Feb||vs Last Month|
|4+ bed apartments||$1,114,837||+12.5%|
During February 2023, the average price for an apartment in/near Montrose, Houston, TX increased by 9.2% to $774,212.
Knowing the current property prices is key if you plan to buy a studio in Montrose, Houston, TX. The average price for a studio has decreased since the last month, currently being $710,000. After collecting all data points, we now see that the average price for 1-bed apartment stands at $314,966 with no changes this month. Asking price for 2-bed apartment also increased by 47.3% and a place of this size will now cost you $658,024. A 3-bed apartment goes for $707,415, it increased by 0.3% lately. We discerned the rise of 4- and more bed apartment price. It increased by 12.5% and made it up to $1,114,837.
|Listing Type||Feb||vs Last Month|
|Houses for sale||$873,291||+6.6%|
|Condos for sale||$629,728||+34.3%|
|Land for sale||$320,000||-69.6%|
Price reports demonstrate that house price increased by 6.6% this month making it up to $873,291. Condos are really in demand in this season. The median price for a condo increased by 34.3%, it’s now available for $629,728. The average price of the land for sale in Montrose, Houston, TX has decreased by 69.6%, and now equals $320,000.