July 2011 Market Activity Update: Champion Forest in Northwest Houston Texas

Champion Forest subdivision is located in Northwest Houston Texas. West of I-45 at 1960 and Champion Forest Drive

Residents can quickly access I-45 and 249 and easily get to downtown Houston, The Woodlands, Bush Intercontinental Airport, shopping, entertainment, and sports venues.

There are currently 1731 Homes in Champion Forest. Community Amenities include The Champion Forest Golf Course and Raveneauxs Country Club.

Community sponsored events include annual Easter Egg Hunt, 4th of July Parade and celebration, National Night Out, Halloween party, Annual charity auction and luncheon as well as regularly scheduled activities like girls night out, neighborhood field trips, chocolate parties etc…

Community activities and organizations include the Civic club, CF in Bloom, Pet Liaison, and Garden Club to name a few.

Champion Forest is in the Klein School district and feeds to the following schools:

Elementary: Brill

Middle: Kleb

High: Klein

Champion Forest Tax rate is one of the lowest in the area at 2.49%

HOA fees are approx 300.00 annually

In addition to this neighborhood being a golf course community, the tax rate, School district and location are only a few reasons why this neighborhood remains very desirable Market Values were up considerably in the month of July due in part to the huge Estate homes being the only homes that sold during the month. Statistically there was an increase of approximately 45% (yes…this is crazy, and definitely not realistic if you are trying to determine what your home value is) when compared to 2010 year-end average sales prices of $79.32 SP/SF and up approx 35% when compared to June’s sales price of $85.58/SF

Market activity for July 2011 in Champion Forest shows that 2 Homes sold with an average sales price of $116.22 SF. and structure size of 8669/SF 12 Homes are currently pending and the sales information will be available once they close. Homes are currently selling at 93% LP/SP. Overall time on the market is just over 8 months, with well priced properties moving more rapidly.

There are currently 58 homes for sale in the Champion Forest neighborhood, with an average asking price of 305,175. If you’re interested in buying or selling a home in the neighborhood or the area in general, call (832-576-4902) or email (kim@kimberlywhaley.com) Kimberly Whaley

You can search for homes in Champion Forest 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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