June 2011 Market Activity Update: Louetta Woods in Spring Texas

Louetta Woods subdivision is located in Spring Texas. West of I-45 and connected via Spring Cypress or Spring Cypress at Halzworth Road/Louetta Woods Lane.

Residents can easily access downtown Houston, Bush Intercontinental Airport, shopping, entertainment, and sports venues.

There are currently 130 Homes in Louetta Woods, a small quaint community built by Pulte Homes, with no direct amenities.

Louetta Woods is in the Klein School district and feeds to the following schools:

Elementary: Lemm

Middle: Strack

High: Klein Collins

Louetta Woods Tax rate is 3.33 %

Annual Home Owner Association dues are $330.00

School district and location are only a couple of 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 $70.18/SF. Due to the small size of the neighborhood and little Market Activity, it’s difficult to pinpoint why prices may be a bit lower, but it’s possible that this is just a temporary dip in sales pricing that will correct itself over time. For now, lower prices mean that it might be the best time to make that purchase.

Market activity for June 2011 in Louetta Woods shows that No homes sold during the month, and there are currently no pending sales. Homes are currently selling at 98% LP/SP. Overall time on the market is just under 5 months, with well priced properties moving more rapidly.

There are currently 3 homes for sale in the Louetta Woods neighborhood, with an average asking price of 172,933. 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 / email (kim@kimberlywhaley.com)

You can search for homes in Louetta Woods here or other neighborhoods here, by simply typing 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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