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Originally Posted by WesternGulf
Tower Construction Starts on Houston's Tallest Condo Project
In the Houston area, the overall median price in the townhouse/condo segment in Houston was up 4.5 percent for August with the average sales price of a townhouse or condo sold in the greater Houston at $153,066, which was a 3.7 percent increase from the same month last year, the report stated. Mosaic's units start at $164,000.
http://www.cpnonline.com/cpn/regions...&esindct=false |
WOW...$153,066. Thats extremely low. The starting point at $164,000 is a bargin. Why are the price points in Houston so low?