April 2011 Market Activity Update: Spring Trails in Spring Texas

Spring Trails subdivision is located in Spring Texas. East of I-45 on Riley Fuzzell at Spring Trails Ridge.

Just minutes from Old Town Spring, residents can easily access downtown Houston, Bush Intercontinental Airport, shopping, entertainment, and sports venues.

This Master Planned Community Amenities feature a 10 mile hike and bike trail, recreation center, 2 swimming pools, a cabana 2 playground, Tennis courts and Basketball court.

Spring Trails is in the Conroe School district and feeds to the following schools:

Elementary: Broadway, Middle: Vogel/York, High: Oak Ridge

Spring Trails Tax rate is 3.19%

Home Owner Association dues are $700. Annually

Location, Location, Location….nature at its finest, is one of many reasons, this neighborhood remains very desirable. Recent sales show a slight decline in Market Values when compared to 2009 year-end average sales price of $83.52 SP/SF. This decrease can be related to a number of foreclosures and Short Sales that have recently entered the market. Once these homes have sold, I expect to see the pricing return to normal. For now, lower prices mean that it might be the best time to make that purchase.

Market activity for April 2011 in Spring Trails shows that 18 Homes have sold with an average sales price of $228,829 ($80.21SF) and structure size of 2853 sf. 8 Homes are currently pending and the sales information will be available once they close. Homes are selling at 96% LP/SP  Overall time on the market is just over 3 months, with well priced properties moving more rapidly.

There are currently 68 homes for sale in Spring Trails. If you’re interested in buying or selling a home in the neighborhood or the area in general, call Kimberly Whaley (832-576-4902) or email (kim@kimberlywhaley.com)

You can search for homes in Spring Trails here or other neighborhoods here, by typing the neighborhood name into the subdivision box.

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

Advertisements

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)
This entry was posted in Neighborhoods, Real Estate, Spring Trails and tagged , , , , , , , , , , , , , , , . Bookmark the permalink.

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s