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Keller Williams Realty Blog

Saturday, March 16, 2013   /   by John Duncan

Autumn Creek Homes for Sale

Autumn Creek home sales have moved up with 29 homes sold in 2012. This number represents a 50% rise in sales up from 23 sales in 2011. The average sales price in 2011 was $ 247,274 while the average in 2012 was $ 265,661 representing an increase in average sales price of 7.4%.
The number of days to sell a home in Autumn Creek was down also with an average days on market of 80 days as opposed to 85 days in 2011 so we are seeing slightly shorter market times.  Given current market conditions, we’ll see a shorter market time as we approach the summer.
Autumn Creek subdivision inventories remain low with only 9 homes for sale; 2 of those are under contract. Contrast this with a few years ago when it was not at all unusual to have as many as 20 or 30 homes on the market at any given time.
Given the current market time and inventory, all of the homes currently for sale should be gone in 120 days or so. 
Autumn Creek Homeowners click here

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Wednesday, March 13, 2013   /   by John Duncan

Just What is a Garage Apartment Anyway?

Just what is a garage apartment
Called by many names including guest quarters, mother in-law quarters or garage apartment, whatever you choose to call it, it basically means that the house you’re looking at has anapartment in addition to the main house.  Because detached garages so often give us the “base” to build up, oftentimes this is the least expensive way to accomplish this.  An apartment of this type generally has it’s own access separate from the home itself.
They’re great for in-laws (ok, yours not mine!), or for an older student maybe in college and you want to give them a bit of “space.”  In some cases, it might be a man-cave where they guys can go hang out.  They’ll be limited by the size of the garage. Most popular in our area are 2 and 3 car garages and this provides for about 400-600 square foot of living space.  They’ll include a full bath, some sort of cooking area, a living area and sometim ...

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Saturday, March 2, 2013   /   by John Duncan

Brookwood Homes for Sale

Brookwood home sales have moved up with 48 homes sold in 2012. This number represents a 50% rise in sales up from 32 sales in 2011. The average sales price in 2011 was $272,624 while the average in 2012 was $256,115; a decrease  in price of 6%.   There’s no need for alarm as for whatever reason, the average home size sold in 2011 was 3,102 square feet while that number in 2012 was 3,003 so nearly 100 feet smaller.  Were Brookwood homebuyers opting for smaller homes?
The number of days to sell a home in Brookwood was down also with an average days on market of 90 days as opposed to 100 days in 2011 so we are seeing shorter market times.  Given current market conditions, we’ll see a shorter market time as we approach the summer.
Brookwood subdivision inventories remain low with only 10 homes for sale; 3 of those are under contract. Contrast this with a few years ago when it was not at all unusual to have as many as 20 or 30 homes on the market at any ...

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Saturday, February 23, 2013   /   by John Duncan

Northfork Home Prices

Northfork home sales have moved up with 43 homes sold in 2012.  This number represents a 67% rise in sales up from 29 sales in 2011; huge gains.  The average sales price in 2011 was $200,102 while the average in 2012 was $208,687; an increase in price of 4.3 percent.
The number of days to sell a home in Northfork was down also with an average days on market of 87 days vs 137 days in 2011.
Inventories remain low with only 16 homes for sale in the Northfork subdivision and 6 of those are under contract.  It was not unusual just a few years ago to see 30 or 40 homes for sale in Northfork at any given time.  February 2012 represents one of the highest “contracts pended” February months in the Northfork subdivision in many years.  Homeowners there would not usually see these kinds of numbers until late spring or early summer
Northfork House Prices Report For Homeowners
 

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Tuesday, February 19, 2013   /   by John Duncan

Bay Glen Home Prices

Bay Glen Home sales have moved up with 71 homes sold in 2012.  This number represents a 42% rise in sales up from 50 sales in 2011.  The average sales price in 2011 was $152,953 while the average in 2012 was $158,616; an increase in price of 3.7%.
The number of days to sell a home in Bay Glen was down also with an average days on market of 93 days vs 105 days in 2011.
We continue to struggle with inventory with only 15 homes for sale in the Bay Glen subdivision and 8 of those are under contract.  Contrast this with a few years ago when it was not at all unusual to have as many as 35 or 40 homes under contract.  February 2012 represents one of the highest “contracts pended” February months in many years.  Typically we don’t see this much of the market under contract until the late spring and early summer months.
Bay Glen Homeowners click here 

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Keller Williams Realty
John Duncan
18050 Saturn Ln #100
Houston, TX 77058
281-317-0445

Copyright © 2018 Houston Realtor Information Service, Inc. All information provided is deemed reliable but is not guaranteed and should be independently verified. IDX information is provided exclusively for consumers’ personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Copyright © 2018 Houston Realtors Information Service, Inc. All information provided is deemed reliable but is not guaranteed and should be independently verified. IDX information is provided exclusively for consumers’ personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
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