RE/MAX Integrity | 19510 Kuykendahl Road | Spring, TX 77379
Spring Lakes Breck and Eva Markham
APRIL 2019 REAL ESTATE MARKET REPORT
Realtors®, Listing Specialists
281.687.8362
Sold@BreckandEva.com Visit us at HomesofSpringLakes.com
Visit www.HomesofSpringLakes.com for current market activity, community information, and more.
1ST QUARTER
11
SPRING LAKES REAL ESTATE REVIEW
TOTAL SALES Johnathan and Angela-Marie, This statistical analysis represents the current market trends during the first quarter in Spring Lakes. For an in-depth analysis of your home’s value, call me today at 281.687.8362 for a complimentary evaluation.
SOLD PRICE
+2.4% from 1Q 2018
PRICE PER SQ. FT. +0.0% from 1Q 2018
95.6% AVERAGE SOLD PRICE/ LIST PRICE RATIO LOW: 81.8% | HIGH: 100.0%
LOW
$180,000 $250,000 $305,000
AVERAGE HIGH
LOW AVERAGE
$67 $87
HIGH
$110
Prepared Especially for
JOHNATHAN AND ANGELA-MARIE WILLIAMS
55
AVERAGE DAYS ON MARKET LOW: 1 | HIGH: 236
Data based on listings from HARMLS from January 1st to March 31st 2018 and 2019. Information deemed accurate but not guaranteed.
Presented by BRECK and EVA MARKHAM
IN THIS REPORT: Monthly Market Report
Your Spring Lakes Listing Specialists
Waiting Can Cost!
Visit us at HomesOfSpringLakes.com
2019 First Quarter Review
Breck and Eva Markham REALTORS®, Listing Specialists
281.687.8362
Sold@BreckandEva.com Visit us at HomesOfSpringLakes.com
Published by REAL Marketing (REM) | www.REALMarketing4You.com | 858.952.4280 | ©2019
Waiting Can Cost! H OW D O E S WAI T I N G AF F E C T T H E S AL E O F YO U R H O M E A S I N T E R E S T R AT E S R I S E?
Housing agencies predict that interest rates could reach new highs by the end of 2019, increasing the IF INTEREST RATES RISE FROM 4.41% TO 4.7%... overall cost to purchase, thus greatly reducing the number of qualified buyers!
Johnathan and Angela-Marie, Call 281.687.8362 to learn how my marketing will attract qualified buyers and allow you to purchase your next home before interest rates increase!
LOAN AMOUNT
INCREASED COST
$250,000
$15,557
$500,000
$31,115
$750,000
$46,672
$1,000,000
$62,230
Interest Rate as of February 11th, 2019 was 4.41%, Freddie Mac predicts a 4.7% interest rate by the end of 2019.
LET OUR RESOURCES COVER ALL SIDES OF YOUR HOME INVESTMENT
NMLS #129122
Mary Papageorge | Branch Manager NMLS# 287880 |
M: 713.569.0025 F: 1.800.373.3048
16000 Stuebner Airline Rd. Ste. 275 Houston, TX 77379 “Helping people live the dream…one home at a time”
JARYN LEVITAS | Co-Founder, COO O: 713-275-2784 F: 713-275-2083 E: Jaryn@spearheadinsurancegroup.com W: spearheadinsurancegroup.com 18311 Strack Dr. Spring, TX 77379
HOMES RECENTLY LISTED IN SPRING LAKES Status
Street Name
Est. Sq. Ft.*
Beds
Baths
List Price*
Private Pool
Active
China Springs
2,100
3
2.0
$205,000
No
Active
Crisp Spring Lane
2,400
3
2.0
$219,900
Yes
Active
Forest Springs Lake
2,500
4
2.1
$228,000
Yes
Active
Spring Lakes Haven Drive
3,000
5
3.1
$255,000
Yes
Active
Colorado Springs Court
3,500
4
3.0
$289,000
Yes
Active
Spring Lakes Haven
3,400
5
3.1
$290,000
Yes
Active
Liberty Springs Way
3,200
4
3.0
$299,500
Yes
Active
Clear Springs Way
3,400
5
3.1
$299,900
Yes
Active
Willow Springs Place
3,500
5
4.1
$319,500
Yes
Active
Lazy Springs Lane
5,100
5
4.1
$354,900
No
HOMES CURRENTLY PENDING IN SPRING LAKES There are currently 5 homes pending in Spring Lakes. For information on these or any other homes please call us at 281.687.8362
HOMES SOLD IN THE LAST 5 MONTHS Status Address
Est. Sq. Ft.*
Beds
Baths
List Price*
Sold Month
Private Pool
Sold
911 Spring Source Place
2,700
4
2.1
$230,000
03/29/19
Yes
Sold
25706 Lake Springs Way
2,600
4
2.1
$280,000
03/29/19
Yes
Sold
25807 Austin Springs
2,600
4
2.1
$248,300
03/25/19
Yes
Sold
25718 Wrexham Springs Court
3,500
4
3.1
$320,000
03/15/19
Yes
Sold
1018 Casting Springs Way
2,300
4
2.0
$215,000
02/25/19
Yes
Sold
25822 Austin Springs
3,100
4
3.0
$289,900
02/19/19
Yes
Sold
426 Willow Springs Place
3,300
4
3.1
$275,000
02/12/19
Yes
Sold
25542 China Springs
2,700
4
2.1
$220,000
02/07/19
No
Sold
510 Savannah Springs Way
3,400
5
3.1
$295,000
02/04/19
No
Sold
711 Adowa Spring Loop
3,400
4
4.1
$300,000
01/28/19
Yes
Sold
1026 Sierra Springs Lane
2,200
3
2.0
$195,000
01/24/19
Yes
Sold
807 Trickling Springs Court
3,900
5
3.1
$315,000
12/30/18
Yes
Sold
927 Spring Source Place
3,100
4
3.1
$254,500
12/28/18
Yes
Sold
906 Spring Source Place
2,500
4
2.0
$229,900
11/13/18
Yes
Breck and Eva Markham, and RE/MAX Integrity are not in any way affiliated with Spring Lakes Home Owners Association, nor is this in any way an official advertisement or publication of Spring Lakes. © 2019 All rights reserved. This representation is based on sales and data reported by multiple brokers/agents to the Homes and Rentals MLS (HARMLS) between November 1st, 2018 and April 1st, 2019. Listings and sales may not be those of RE/MAX Integrity. The HARMLS does not guarantee the accuracy of this data, which may not reflect all the real estate activity in the area. E&OE covered. This market report is not intended to solicit properties already listed for sale nor intended to cause a breach of an existing agency relationship. *Square feet and list price rounded to nearest hundred.