June 2011 Market Activity Update: Candlelight Hills in Spring Texas

Candlelight Hills subdivision is located in Spring Texas. West of I-45 access via Louetta at Candlecreek (on the right), or Candleview & Burnt Candle (on the left).

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

There are currently 477 Homes in Candlelight Hills. Community Amenities include a swimming pool, a clubhouse, tennis courts, a playground area and picnic tables.

Candlelight Hills is in the Klein School District and feeds to the following schools:

Elementary: Haude

Middle: Strack

High: Klein Collins

Candlelight Hills Tax rate is 2.19%

HOA fees are approx 350. Annually

Location, tax rate and School are only a few reasons why this neighborhood remains desirable; however the neighborhood has seen a slight decline in Market Values when compared to 2010 year end average sales price of 59.34SF. Statistically I see no reason for the decrease in sales prices. This could just be a temporary dip and we may see improvement in values in the near future. For now, lower prices mean that it might be the best time to make that purchase.

Market activity for June 2011 in Candlelight Hills show that 2 homes sold with an average sales price of 49.19SF. 5 Homes are currently pending and the sales information will be available once they close. Homes are currently 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 10 homes for sale in the Candlelight Hills neighborhood, with an average asking price of $174,570. 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 Candlelight Hills 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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