Sunday, December 7, 2014

Whispering Lakes Ranch Report-Home Sales Update through November of 2014

Home prices in our neighborhood are holding steady at $119 per foot, up from $113 at this point last year, or an increase of a little over 5%.  It was at this time last year that prices started to climb from around $111 per foot and they haven’t looked back, continuing on their steady rise.

Other sales information as reported by the Houston Association of Realtors
There were 21 sales through November, 2014, ranging in price from $440,000 to $740,000 with a median of $550,000 ($119 per foot).

2014’s sales through November are slightly down from 2013’s volume, with 2013 leading by 2 sales, at 23.  In 2013, the sales price range was fairly similar at $435,000 to $775,000 with a median of $555,000, although as mentioned above, they were trailed in price per foot at $113 per foot.

Currently there are four active listings in the neighborhood, one of which has gone under contract.

Happy Holidays!

James and Penny Brockway are the owners of  Brockway Realty, LLC a residential brokerage operating in the League City, Friendswood and Houston areas with 15 agents.  James and his wife Penny, also a realtor, live in Whispering Lakes Ranch.

Originally Posted on Brockway Realty LLC's Official Blog