Breck & Eva Markham-Spring Lakes - April 2019

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.