Homes in River Oaks, Woodlands, Memorial among most expensive properties sold during 2016

Homes located in River Oaks, The Woodlands and Memorial were among the most expensive-selling properties throughout greater Houston in 2016.

As the Houston Association of Realtors (HAR) reported on Jan. 11, the local real estate market concluded 2016 with a record performance, outpacing the previous record-setting year of 2014 even as oil prices kept many on edge.

The most constrained segment — homes priced from $500,000 and up — which saw declining sales from August 2015 through October 2016, enjoyed strong sales volume during the final two months of 2016.

Here are the 10 most expensive homes sold through HAR’s Multiple Listing Service (MLS) in 2016, listed from highest to lowest sales price, with a link to each listing: 1. 527 Buckingham Drive http://www.har.com/527-buckingham-dr-houstontx-77024/sold_95292635 • 2. 3688 Willowick Road http://www.har. com/3688-willowickrd-houston-tx-77019/ sold_9612435 • 3. 88 Grand Regency Circle, The Woodlands http://www.har.com/88-Grand-Regency-Cir/ sold_64903220 • 4. 15 Grand Regency Circle, The Woodlands http://www.har.com/15-grand-regency-cir-springtx-77382/sold_5985242 • 5. 3311 Del Monte http://www.har.com/3311-Del-Monte/sold_19100122 • 6. 5442 Tupper Lake Drive http://www.har.com/5442-tupper-lake-dr-houstontx-77056/sold_44557444 • 7. 59 Tiel Way http://www.har.com/59-Tiel-Way/sold_8839274 • 8. 3744 Willowick Road http://www.har.com/3744-Willowick-Rd/sold_17259834 • 9. 2 E. Rivercrest Drive http://www.har.com/2-e-rivercrest-dr-houstontx-77042/sold_19738361 10. 3725 Del Monte Drive

http://www.har. com/3725-Del-MonteDr/sold_15070761

“It took most of 2016 to restore vitality to the upper end of the Houston real estate market, but we got there, and I believe that is the direct result of a truly diversified local economy,” said HAR Chair Cindy Hamann with Heritage Texas Properties. “Even as energy jobs went away, other industries continued to hire and that has drawn home buyers and renters to our market.”

Homes priced from $1 million and up made up 1.8 percent of all 2016 home sales activity across greater Houston.

Founded in 1918, the Houston Association of Realtors (HAR) is a 36,000-member organization of real estate professionals engaged in every aspect of the industry, including residential and commercial sales and leasing, appraisal, property management and counseling. Cindy Hamann of Heritage Texas Properties is 2017 chair of the Houston Association of Realtors/HAR.com.