River Oaks Houston’s Most Expensive Neighborhood
HOUSTON (RealtyNewsReport.com) – River Oaks ranked as the city’s most expensive neighborhood last year, according to the Realty News Report Houston Luxe List.

Homes in River Oaks had a median price of $401.43 per sf or $1.53 million per home. Prices increased 10.8 percent from 2012, when they averaged $362.27 per sf.

The 1,100-acre development began in the 1920s with lot prices of $2,200. Today, its most expensive for-sale listing is a six-bedroom, 16,000-sf home priced at just under $16 million.

The Realty News Report Houston Luxe List Home Price Survey was produced by Crawford Realty Advisors.

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