2011 Year End Market Update: Spring Lakes in Spring Texas

Spring Lakes subdivision is located in Spring Texas. East of I-45, Louetta to Lexington.

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

This Gated Community feature a 6 acre park with walking trails, 3 lakes, 2 swimming pools, Playground, Sand Volleyball and Tennis courts

Spring Lakes is in the Spring School district and feeds to the following schools: Elementary: Slayers Middle: Twin Creeks High: Spring

Spring Lakes Tax rate is 3.44%. Home Owner Association dues are $815. Annually

Numerous Gorgeous Lakes and Location, are two of many reasons, this neighborhood remains desirable. The neighborhood has seen a slight decline in Market Values when compared to 2010 year-end average sales price of $63.30/SF, Most likely attributable to competitive builder pricing.

Market activity in Spring Lakes for 2011 shows that 37 Homes sold with an average sales price of $62.80/SF. and an average structure size of 2994/SF. The average home sold at 96% of LP/SP (list price per square foot), with an average time on the market of just over 3 months. There are currently 3 homes pending. Sales information for pending properties will be available once they close.

There are currently 17 homes for sale in Spring Lakes with an average asking price of $188.310. You can search for homes in Spring Lakes 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)
This entry was posted in Neighborhoods, Spring Lakes and tagged , , , , , , , , , , , , , , , , , . Bookmark the permalink.

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out /  Change )

Google+ photo

You are commenting using your Google+ account. Log Out /  Change )

Twitter picture

You are commenting using your Twitter account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )


Connecting to %s