June 2011 Market Activity Report: Oaks of Devonshire in Spring Texas

Oaks of Devonshire subdivision is located in Spring Texas. West of I-45 access via Louetta at Cannaberry Way.

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

Community Amenities include a  4 acre lake with fishing dock, 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, and walking trails.(amenities are shared with Devonshire Woods & Louetta Lakes)

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

Elementary: Lemm

Middle: Shindewolf

High: Klein Collins

Oaks of Devonshire tax rate is 2.74%

HOA fees are $450. Annually

Neighborhood amenities, location, and school district, are only a few reasons why this neighborhood remains desirable and has understandably remained unaffected by the current housing markets. Market Values are up approx 8% when compared to the 2010 year-end average sales price of $61.34/SF.

Market activity for June 2011 in Memorial Northwest shows that 2 Homes sold with an average sales price of $66.70/SF and structure size of 2368/SF. 3 Homes are currently pending and the sales information will be available once they close. Homes are selling at 99% LP/SP Overall time on the market is just over 2 months, with well priced properties moving more rapidly.

There are currently 3 homes for sale in the Oaks of Devonshire neighborhood, with an average asking price of 203,260. 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 Oaks of Devonshire here or any other neighborhood 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



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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