Q1 2012 Market 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 few additional reasons why this neighborhood remains very desirable and has understandably remained unaffected by the current housing market. Sales Prices are about even, when compared to 2011 year-end average sales prices of $78.34/SF

Market activity in Champion Forest for Q1 2012 shows that 19 Homes sold with an average sales price of $77.89/SF. and an average structure size of 3568/SF. The average home sold at 97% of LP/SP (list price per square foot), with an average time on the market of just under 3 months. There are currently 18 homes pending. Sales information for pending properties will be available once they close.

Champion Forest Home Sales March 2011-March 2012

There are currently 43 homes for sale in Champion Forest with an average asking price of $495,640. You can search for homes in Champion Forest 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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