August 2011 Market Activity Update Cypresswood in Spring Texas

Cypresswood subdivision is located in Spring Texas.(77388). West of I-45 and connected via Cypresswood Drive and Louetta Road.

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

There are currently 1723 Homes in Cypresswood. Community Amenities include two clubhouses and a pavilion, two swimming pools, 10 tennis courts, two playgrounds, a walking/jogging trail along Ella Boulevard and sidewalks along Cypresswood Drive.

Community sponsored events include annual children’s Easter gatherings, the July 4th Celebration and parade, National Night Out, Member/guest tennis tournament, annual Fall Festival, and Breakfast with Santa.

Community activities and organizations include a community swim team, bridge clubs, a garden club, a 50 plus group, a women’s club, children’s play group and scouting organizations.

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

Elementary: Haude

Middle: Strack

High: Klein Collins

Cypresswood Tax rate is one of the lowest in Spring at 2.65%

The tax rate, School district and location are only a few reasons why this neighborhood remains very desirable and has understandably remained unaffected by the overall housing market when compared to the 2010 year-end average sales prices of $58.71 SP/SF.

Market activity for August 2011 in Cypresswood shows that 3 Homes sold with an average sales price of $56.78/SF. and structure size of 2569 sf. 15 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 54 homes for sale in the Cypresswood neighborhood, with an average asking price of $166,041. 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 Cypresswood 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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