Q1 2012 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 only 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

Tax rate, large heavily wooded lots and location are a few of the reasons why this neighborhood remains desirable. The neighborhood saw a substantial sales price increase in the first quarter of 2012 when compared to 2011 year-end average sales price of $41.88/SF. However the year-end numbers reflect a single sale during the year and this home was a foreclosure.

Market activity in Ponderosa Trails for the first quarter of 2012 shows that 1 Home sold with a sales price of $73.66/SF. and a structure size of 4568/SF. The home sold at 96% of LP/SP (list price per square foot), and was on the market for 2 months. There is currently 1 home pending. Sales information for pending properties will be available once they close.

Ponderosa Trails Home Sales March 2011-March 2012

There is currently 1 home for sale in Ponderosa Trails with an asking price of $549,000 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

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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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