2011 Year End Market 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, I-45 and the Hardy Toll Road,  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, is one of many reasons; this “green” community is very desirable, however the neighborhood has seen a slight decline in Sales prices when compared to 2010 year-end average sales price of $87.47SF. This decrease can be related competitive builder pricing. For now, lower prices mean that it might be the best time to make that purchase.

Market activity in Discovery for 2011 shows that 28 Homes sold with an average sales price of $81.05/SF. and an average structure size of 3347/SF. The average home sold at 92% of LP/SP (list price per square foot), with an average time on the market of just over 4 months. There are currently no homes pending.

There are currently 18 homes for sale in Discovery with an average asking price of $300,237. You can search for homes in Discovery at Spring Trails here

If you’re interested in buying or selling a home in the neighborhood or the area in general, call or email me today, 832-576-4902, kim@kimberlywhaley.com

If you’re interested in searching for a home in a different neighborhood, you can do so here, by simply typing the neighborhood name into the “subdivision” box.

***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.

Look for other useful Real Estate information on my website,  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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