April 2011 Market Activity Update: Devonshire Woods in Spring Texas

Devonshire Woods subdivision is located in Spring Texas. West of I-45 access via Cypresswood Drive at Lajuana lane or Teller Blvd.

Residents have convenient access to shopping, dining, entertainment, and major roads and highways (approx 2.5 miles to I-45),

Community Amenities include a five acre park with playground equipment, a Jr. Olympic swimming pool and two water slides, a pavilion and gazebo, tennis courts, basketball courts, and volleyball courts, soccer and baseball fields, a batting cage, and walking trails.

Devonshire Woods is in the Klein School District and feeds to the following schools:

Elementary: Lemm, Middle: Shindewolf, High: Klein Collins

Devonshire Woods Tax rate is 2.75%

HOA fees are approx 450. Annually

Neighborhood amenities, location, and school district, are only a few reasons why this neighborhood remains desirable however the neighborhood has seen a slight decline in Market Values when compared to 2009 year-end average sales prices of $65.12 SP/SF. This decrease can be related to a number of foreclosures that have recently washed out of the market, and I expect to see an increase in sales prices in the near future. For now, lower prices mean that it might be the best time to make that purchase.

Market activity for April 2011 in Devonshire Woods shows that 1 Home has sold with a sales price of $195,900. ($64.42 SF). and structure size of 3041 sf. no Homes are currently pending. Homes are currently selling at 98% LP/SP. Overall time on the market is just over 2 months, with well priced properties moving more rapidly.

There are currently 5 homes for sale in the Devonshire Woods 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 Devonshire Woods 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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