Well, we have approached our Second Season of the year in Houston which also means that it is a New Year! It's January 2008!
Houston and its' Suburbs have maintained quite well this year in comparison to many parts of the Nation. More specifically, Imperial Oaks continues to attract many buyers and keep several Move Up Sellers.
Imperial Oaks opened their new section, The Falls, this year. A Beautiful setting around Nature where you will find Ponds, Walking Trails, a Dog Park, Fitness Center and anything else you can imagine.
As usual, I will start out with a couple of properties currently available in the Community.
This first one, although you may never know by looking at it, is a Foreclosure. It has New Paint, New Carpet, and some amazing Curb Appeal. With 4 Bedrooms, 2 1/2 Bathrooms, 2 Car Garage and Both Formals there is plenty of room here.
This home on Nanton was built in 1992 and totals 2868 sq. ft. according to the appraisal district. A Breathtaking Stairway invites you inside, the Master Bath invites you to relax with either the Separate Tub and Shower, and the backyard is an excellent size for a picnic!
This home is currently listed for $174,900.
This next home is an immaculate David Weekley only 3 years young. It has over 3000 sq. ft. and all of the rooms one could ask for including a Game Room and Media Room.
A other few items you will find here are a HUGE Master Closet, Separate Tub and Shower and a TRUE Greenbelt Behind the home...after the large backyard of course.
Nestled in Imperial Oaks Park 7 near the new Elementary School, this home is currently listed for $209,900.
Now for the Market Update for November and December. As usual for this time of year, there were less sale but a couple of handfuls none the less! There were definitely folks moving before Christmas! All of the Active and Pending Properties are current as on 1/3/2008.
Imperial Oaks Nov. 2007 |
Sold Properties |
Imperial Oaks Dec. 2007 |
Sold Properties |
Active Properties |
Pending Properties |
Under $100,000 |
0 |
Under $100,000 |
0 |
1 |
1 |
$101,000 to $125,000 |
2 |
$101,000 to $125,000 |
1 |
4 |
1 |
$126,000 to $150,000 |
11 |
$126,000 to $150,000 |
7 |
24 |
4 |
$151,000 to $200,000 |
6 |
$151,000 to $200,000 |
4 |
54 |
7 |
$201,000 to $275,000 |
0 |
$201,000 to $275,000 |
0 |
18 |
1 |
$276,000 to $325,000 |
0 |
$276,000 to $325,000 |
1 |
4 |
0 |
$326,000 to $400,000 |
0 |
$326,000 to $400,000 |
0 |
1 |
0 |
Total |
19 |
Total |
13 |
106 |
14 |
Average DOM |
91 |
Average DOM |
69 |
||
Avg. Price Per Sq. Ft. |
69.69 |
Avg. Price Per Sq. Ft. |
67.9 |
If you would like to see the Year at a Glance, use the chart below. It tracks the numbers of homes sold, average Days on Market and Average Price per Square Foot by month for 2007.
If you would like more information about Comparable pricing for your specific home, a current list of homes available or to view homes available in and around the Imperial Oaks Community, please feel free to contact me at any time by phone or email. Happy New Year!
For more posts on Imperial Oaks, view the following links:
•· Previous Imperial Oaks Market Reports
***All data compiled through HAR MLS. Both listings shown are not listed by me and are posted with permission by the listing agents and broker.
©All charts and content Copyright to Stephanie Edwards-Musa, The Woodlands TX Real Estate 2007
Stephanie Edwards-Musa
Coldwell Banker United, Realtors (R)
1500 Research Forest, Suite 200
The Woodlands, TX 77381
Direct Line: 281-635-9444
Office Line: 281-363-2500
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