June 2011 Market Activity Update: Discovery at Spring Trails in Spring Texas

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

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

There are currently 62 Homes in Discovery at Spring Trails (There is plenty of new construction happening in this community). This Gated Community features Numerous Lakes, Walking Trails, Recreation Center, Club Houser, Swimming Pool, Splash Pad and more.

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

Elementary: Broadway

Middle: Vogel/York

High: Oak Ridge

Discovery at Spring Trails Tax rate is 3.48%

Home Owner Association dues are $800. Annually

Location, Location, Location…nature at its finest, just one of many reasons; this “green” community is very desirable, however the neighborhood has seen a slight decline in Market Values when compared to 2010 year end average sales price of 87.47SF. This decrease can be related competitive builder pricing, as all the homes that have sold this month have been new construction homes. For now, lower prices mean that it might be the best time to make that purchase.

Market activity for June 2011 in Discovery at Spring Trails, show that 3 Homes sold with an average sales price of $78.14/SF, and structure size of 3572sf. 1 Home is currently pending and the sales information will be available once it closes. Homes are currently selling at 90% LP/SP Overall time on the market is just under 5 months, with well priced properties moving more rapidly.

There are currently 19 homes for sale in Discovery at Spring Trails, with an average asking price of $302,042. 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)

If you are considering a new construction home, I highly recommend you take a take a Realtor with you, that knows how to negotiate builder pricing to represent your interest in the transaction. Statistically buyers who work with a Realtor when purchasing a new home get a better deal. Don’t forget that the Sales counselors work for the builders and their job is to sell you a home for highest price they can.

You can search for homes in Discovery at Spring Trails here or other neighborhoods 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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