April 2011 Market Activity update: Cypresswood Glen in Spring Texas

Cypresswood Glen subdivision is located in Spring Texas. West of I-45 access via Louetta at Cypresswood Glen Drive.

Residents have convenient access to shopping, dining, entertainment, and major roads and highways (approx 2 miles to I-45),

Community Amenities include a neighborhood park with playground equipment and pavilion, swimming pool, basketball court, and tennis courts

Cypresswood Glen is in the Klein School District and feeds to the following schools:

Elementary: Haude, Middle: Strack, High: Klein Collins

Cypresswood Glen Tax rate is 3.03%

HOA fees are approx 550. Annually

Gorgeous oversized homes, location, and school district, are only a few reasons why this neighborhood remains desirable. The neighborhood has seen a slight decline in Market Values when compared to 2009 year-end average sales prices of $71.94 SF. Many factors influence market pricing and its possible that the overabundance of homes that are currently on the market, is driving the sales pricing down. With plenty of choices and lower prices, it may be the best time to make that purchase.

Market activity for April 2011 in Cypresswood shows that no Homes have sold in April. 2 Homes are currently pending and the sales information will be available once they close. Homes are currently selling at 99% LP/SP. Overall time on the market is just under 5 months, with well priced properties moving more rapidly.

There are currently 9 homes for sale in the Cypresswood Glen neighborhood. If you’re interested in buying or selling a home in the neighborhood or the area in general, call or email Kimberly Whaley (832-576-4902 – kim@kimberlywhaley.com)

You can search for homes in Cypresswood Glen here or any other neighborhood here, (simply type the neighborhood name into the subdivision box).

You can also find some very valuable information on my website at www.kw-re.com

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About Kimberly Whaley

Full time, Full Service Real Estate Agent in the The Woodlands and Spring Texas area. Certified Distressed Property Expert (CDPE) Texas Affordable Housing Specialist (TAHS)
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