2011 Year End Market Update: Ponderosa Trails in Northwest Houston, Texas

Ponderosa Trails subdivision is located in Northwest Houston Texas.(77090)

Just west of I-45 and off 1960 at Ella, Butte Creek or Sugar Pine Road.

Minutes from I-45, residents can easily access downtown Houston, Bush Intercontinental Airport, shopping, entertainment, and sports venues.

There are currently 45 Homes in Ponderosa Forest. Community Amenities include a Park with a playground and a neighborhood YMCA that has a swimming pool, play equipment and sand volleyball

Community sponsored events include an annual Easter Festival,  July 4th Celebration and parade, National Night Out,  annual fun run, Bingo nights, Fall Festival, evening with Santa and more.

Community activities and organizations include a community swim team, a garden club, Senior group, civic association and others

Ponderosa Trails is in the Spring School district and feeds to the following schools: Elementary: Ponderosa Middle: Bammel High: Westfield

Ponderosa Trails  Tax rate is one of the lowest in the area at 2.47%. HOA fees are $435.00 annually

The tax rate, large lots and location are a few reasons why this neighborhood remains desirable; however the neighborhood has seen a substantial decline in Sales Prices when compared to 2010 year-end average sales price of $67.54/SF. With only 1 sale this year, it’s not difficult to determine why the pricing is low. The only home that sold was a foreclosure.

Market activity in Ponderosa Trails for 2011 shows that 1 Home sold with a sales price of $41.88/SF. and a structure size of 7521/SF. The home sold at 72% of LP/SP (list price per square foot), time on the market, 150 days. There are currently no homes pending.

There are currently 3 homes for sale in Ponderosa Trails with an average asking price of $459,300 You can search for homes in Ponderosa 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


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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