Today I am showcasing a very popular neighborhood in Conroe, just a stone throw away from The Woodlands. This neighborhood is designed around pristine lakes, nature preserves, and the Woodforest Golf Club. It is situated on 3,000 acres of rolling landscape and will consist of 5,500 single-family homes upon completion.
There are currently 157 active homes for sale in Woodforest, and with about 27 homes per month selling, there is about 7 months of inventory in Woodforest. Even with Conroe being the fastest growing city in the United States, when reviewing all the data I gathered, 2017's market does not quite compare to 2016's market.
In 2016, 30 homes sold in September, compared to only 24 in 2017. I thought this might have something to do with Hurricane Harvey, so I went back to August's data. In August of 2016, 48 homes sold, and in August of 2017, 37 homes sold.
I am going to guess, because of the growth in Conroe, and considering the new home sales in Conroe are on the rise, that is the culprit are other new neighborhoods in Conroe, besides Woodforest. I will do next week's Conroe Market Update on the neighborhood that I believe is to blame.
Average days on the market for 2016 was 86 days, while average days on market for 2017 was 83. So at least that was a positive change between the two years. Also, the average sold price is up a couple thousand dollars.
Check out my favorite graph, the above scattergram. It shows us the year to date correlation between square footage and sales price. I decided to include current homes on the market and sold homes. So if you are debating whether or not you want to sell, the above graph will give you lots of information.
If you would like me to feature your neighborhood on my next market update, please reach out. Until next time.
We are so happy you found our little corner of the interwebs. We look forward to y'all reaching out to us. We love to answer questions and welcome them. Recently we created some local maps, and you can download those by clicking the image/link above. Below, you will find an index of some very helpful information to assist you in learning more about the Houston suburbs. If you are relocating to our neck of the woods, we hope you reach out to us, because we would love to help you by being your local realtor and friend. Hugs, Jo.
Thoughtfully written for you by Jordan and the Jo & Co. Team.
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If you are looking to relocate to the Houston Area, we would love to meet you, and hear your story. Below you will find all of my contact information, as well as some homes for sale in the area. We truly look forward to hearing from you! P.S. Don't forget to check out our YouTube Channel!
If you are overwhelmed..
Now if you are feeling overwhelmed on where you should plant your roots, I would love to talk to you. You can schedule a call with me by click this link: http://byjoandco.com/call or just send us an email: [email protected]. There are some amazing communities all over the Houston suburbs. In this post, https://search.byjoandco.com/blog/best-neighborhoods-in-houston/, I deep dive into all the different suburbs/neighborhoods that you might want to consider, and why. There are many resources here, so please reach out if you are curious what to look at next! Thank you for trusting us.
Links to check out..
➟ Our YouTube Channel :: http://byjoandco.com/youtube
➟ How do property taxes work in Texas? :: http://byjoandco.com/propertytaxesintexas
➟ Things to do in The Woodlands :: http://byjoandco.com/inthewoodlands
➟ Safest Neighborhoods in Houston :: http://byjoandco.com/safesthouston
➟ Best Neighborhoods in Houston :: http://byjoandco.com/bestneighborhoods
➟ Houston Texas Where to Live :: http://byjoandco.com/houstontexaswheretolive
➟ First Time Texas Home Buyer :: http://byjoandco.com/firsttimetexasbuyer
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At Jo & Co. we know that most people struggle with the home buying or selling experience. We are a brokerage, real people, that do more for you, by being with you every step of the way, so that you plant your roots in the right soil. One way that we go above and beyond is with the content we share on YouTube. Click the photo below to explore our channel.