Thomas Saunders-Fosters Mill Village - July 2019

Thomas L. Saunders BROKER ASSOCIATE

July 2019 Real Estate Market Report

2940 Oak Street Kingwood, TX 77339

Looking for Your Dream Home?

Each office is independently owned and operated.

(281) 361-2230

thomaslsaunders@remax.net www.FostersMillVillage.com

Selling & Buying at the Same Time?

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Selling & Buying at the Same Time?

Whether you are relocating for a job, downsizing, or need more space, planning to sell and buy simultaneously can be a little intimidating.

www.FostersMillVillage.com

Three tips to ease your mind and make sure you are set up for success!

KNOW YOUR MARKET

CHECK YOUR FINANCES

HAVE A BACKUP PLAN

If you haven’t completed a home assessment recently, I can provide a full home analysis to see how your home compares in the Fosters Mill Village market. Knowing these values will give you comfort in starting the search for your next home.

Gather information on your current mortgage and potential equity and complete a pre-inspection to find out what repairs may need to be completed. Take a close look at your budget to ensure you’ll have the funds to cover the upfront costs of your future purchase.

I can work with all parties involved to negotiate a contingency plan or request an extended closing to make sure the timing of your sale and purchase connect seamlessly.

Johnathan and Angela-Marie, Selling and buying at the same time involves a lot of moving parts.

Let me help you make a smooth transition, call me today at (281) 361-2230 to get started!

PRESENTED BY THOMAS SAUNDERS Your Fosters Mill Village Real Esate Specialist PREPARED ESPECIALLY FOR JOHNATHAN AND ANGELA-MARIE WILLIAMS

Fosters Mill Village Market Report

Thomas L. Saunders BROKER ASSOCIATE

Dear Johnathan and Angela-Marie,

When it comes to selling your home, there is no one-size-fits-all.

Whether you’re in the first stages of discovery or you’re ready to put your home on the market today, call me at (281) 361-2230.

(281) 361-2230

thomaslsaunders@remax.net www.FostersMillVillage.com

Fosters Mill Village Homes Currently Active Follow me on:

LOOKING FOR YOUR DREAM HOME? NOW IS THE TIME TO SELL AND BUY! Interest rates for a 30-year fixed rate mortgage have been on the decline since November.

“

2019 INTEREST RATES HAVE DROPPED.

“

Mortgage interest rates have been steadily declining since the start of 2019. These lower mortgage interest rates, combined with a strong labor market, should attract prospective homebuyers this summer and could help the housing sector regain its momentum later in the year.

– Freddie Mac

Freddie Mac

Status

Street

Active

Elk Creek Drive

Beds

Full Baths

Half Baths

Est. Sq. Ft.*

List Price

List Date

4

2

1

2,600

$170,000

05/06/19

Active

Windy Lake Drive

4

2

1

2,300

$239,900

05/09/19

Active

Windy Lake Drive

4

3

1

3,000

$260,000

06/01/19

Active

Timber Shade Drive

4

2

1

2,300

$279,999

10/13/18

Active

Middle Falls Drive

4

3

1

3,200

$280,000

02/14/19

Active

Kenlake Grove Drive

4

3

1

3,100

$284,900

01/15/19

Active

Golden Pond Drive

4

3

1

3,000

$314,900

06/18/19

Active

Timber Shade Drive

4

3

1

3,300

$315,000

03/30/19

Active

Timber Shade Drive

4

3

1

2,900

$318,900

06/04/19

Active

Golden Pond Drive

4

3

1

3,100

$319,500

05/24/19

Active

Vine Creek Drive

4

3

1

3,300

$322,900

04/25/19

Active

Forest Garden Drive

5

3

1

4,000

$450,000

05/16/19

Active

Wind Creek Drive

4

3

1

4,000

$499,000

04/12/19

Active

Big Falls Drive

4

3

2

4,800

$625,000

12/20/18

Active

Bluff Creek Drive

4

4

0

4,200

$649,900

01/18/19

Active

Garden Ford Drive

4

3

1

4,100

$1,069,899

04/23/19

Fosters Mill Village Homes Pending Status

Street

Beds

Full Baths

Half Baths

Pending Millvale Drive

4

3

1

Pending Forest Garden Drive

4

3

1

Est. Sq. Ft.*

List Price

List Date

Pending Date

3,300

$385,000

05/25/19

06/01/19

4,000

$650,000

05/28/19

06/02/19

30-Year Fixed Rate

4.5%

4.6% 4.6% 2019 Q3

2019 Q4

2019 Q2

January 2018 – Today Actual Interest Rates

Where Are They Going in 2019?

Johnathan and Angela-Marie, Call me today at (281) 361-2230 to find out how the changing interest rates can benefit you as a buyer or seller in 2019.

Source: Keeping Current Matters, Freddie Mac

Fosters Mill Village Homes Sold in the Last 90 Days Status

Address

Beds

Full Baths

Half Baths

Est. Sq. Ft.*

List Price

List Date

Sold Date

Sold Sold

4606 Breezy Point Drive

5

3

1

4,500

$575,000

01/03/19

06/11/19

4911 Kenlake Grove Drive

4

3

1

3,400

$335,000

03/20/19

05/24/19

Sold

2210 Long Valley Drive

4

3

2

5,100

$554,900

03/02/19

05/16/19

Sold

2214 Long Valley Drive

5

4

2

5,600

$624,900

09/25/18

05/16/19

Sold

5403 Sandy Grove Drive

4

2

1

2,800

$325,000

03/07/19

05/15/19

Sold

2314 Trail River Drive

4

2

1

2,400

$229,000

04/07/19

05/10/19

Sold

1919 Pleasant Creek Drive

4

3

1

3,300

$449,000

03/19/19

05/10/19

Sold

5418 Timber Shade Drive

4

3

1

3,400

$419,000

12/15/18

04/26/19

Sold

4807 Big Falls Drive

4

2

1

3,000

$174,900

02/20/19

04/25/19

Sold

2502 Woodvale Drive

4

2

1

2,700

$245,000

03/14/19

04/17/19

Sold

2511 Pleasant Creek Drive

4

3

1

3,100

$280,000

03/04/19

04/12/19

Sold

2002 Wind Creek Drive

4

3

1

3,600

$449,900

03/11/19

04/12/19

Sold

5414 Timber Shade Drive

4

3

1

2,900

$319,900

02/19/19

04/01/19

Sold

2206 Bluff Creek Drive

5

5

1

5,600

$906,000

02/05/19

03/22/19

Thomas L. Saunders and RE/MAX Associates Northeast are not in any way affiliated with Fosters Mill Village Owners Association, nor is this in any way an official advertisement or publication of Fosters Mill Village. © 2019 All rights reserved.

This representation is based on sales and data reported by multiple brokers/agents to the HAR MLS between March 20th, 2018 and June 20th, 2018. Listings and sales may not be those of RE/MAX Associates Northeast. The HAR MLS 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. Each office independently owned and operated. *Estimated Square Feet rounded to nearest hundred.