Conroe TX Grand Central Park Market Updates

MARKET UPDATE :: WEEK OF OCTOBER 7 :: GRAND CENTRAL PARK

written by Jordan Marie Schilleci, Realtor®, Jo & Co October 18, 2017

So this is the first time I am writing about Grand Central Park. I am going to go ahead and pull from their website, a little bit about this new community..

Welcome to Grand Central Park
An Urban Experience

Pristine wooded splendor… electrifying urban excitement… natural serenity… world-class shopping, dining, and entertainment… Grand Central Park is more than just a new master-planned community with homes for sale in Conroe; it’s a sensational 2,046-acre experience that wonderfully combines living, working and playing. What’s more, it’s located just 5 miles north of The Woodlands along Interstate 45 and S. Loop 336, providing excellent access to everything Montgomery County has to offer, as well as close proximity to Houston’s new Energy Corridor and ExxonMobil campus. Gorgeous woodland getaway… dynamic destination for shopping, dining and more, Grand Central Park is truly the best of both worlds.

If you listened to last Wednesday's market update on the podcast, or read it here, you will remember that I ran a market analysis on Woodforest, another neighborhood situated north of The Woodlands in Conroe, TX. I had uncovered that the market was slower out there this year compared to last year, and I was guessing/assuming another Conroe neighborhood was to blame. I didn't name it, but the neighborhood I am blaming is Grand Central Park. I am guessing this location is more favorable because it is right off Interstate 45.

When I pulled up the “last two years” of data for “Grand Central Park”, I found only one house sold in 2016, while 30 homes have sold so far this year, with 11 pending. There are currently 20 inventory homes active in the MLS with plenty more in the builder's private inventory.

When I graphed the data for the scattergram, the data points seemed illogically all over the place. I instantly knew what the issue was. There are builders in this neighborhood within different price ranges, and the only way to accurately show the data is to break it up by builder. So I did just that. I found 4 builders have sold in Grand Central Park so far.

Darling Homes

I feel like the best way to understand the data in this neighborhood is to provide you with all of it.

What I want to really point out in this spreadsheet is the price per square foot. We don't know what upgrades the home buyer decided to install, but knowing the range for each builder is super important in negotiating. I am going to do the same thing for the other 3 sold builders in the community.

David Weekly Homes

No homes have yet sold that have been built by David Weekly, but here is the inventory..

Jaeger Homes

Obviously Jaeger has not been in the community very long, only has two homes for sale, and no sold specs.

Perry Homes

Perry Homes has been active in the community the longest, and has built the most amount of homes.

To see the information for all the data points from above, feel free to view this .pdf file.

There are some other builders within the community, including: Village Builders, Coventry Homes, and Drees Custom Homes. These just don't have any public data within the Houston MLS database.

So conclusion? If you are looking to purchase a home that will help you acquire some equity, check out Grand Central Park. Getting into a neighborhood within its first phase, is super smart, in my opinion. And I am pretty sure they are kicking Woodforest's booty when it comes to sales right now! Lol.

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.

We are Waiting for You

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

What next?!

• Download our Moving to Texas ebook! http://byjoandco.com/movingtotexasebook.
• Download our Where to Live in Houston Texas ebook! http://byjoandco.com/wheretoliveebook.
• Schedule a phone call or appointment with us! http://byjoandco.com/appointment.
• Email us! [email protected].
• Looking for a buyer’s agent? Fill out our buyer questionnaire! http://byjoandco.com/q.
• Ready to find your dream home? Search, http://search.byjoandco.com.
• Subscribe to our YouTube Channel: http://byjoandco.com/youtube.

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.

Jordan Marie Schilleci, Realtor®, Jo & Co

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At Jo & Co., expertise meets an experience.

Jo & Co. was founded as a brokerage that does things differently. We believe in the concept of giving back, loving others, and striving to do more.

The foundation of our business, which just so happens to be our motto is, a fresh approach to real estate with old fashioned customer service.

Fresh approach. You might be asking yourself what is a fresh approach. At Jo & Co., we use technology, with all of its super powers, to help our clients' homes sell faster, for more money, with the least amount of headache. Our fresh approach is also exhibited in the way we work for our buyers, how we negotiate for our buyers, and the whole home buying process.

Old fashioned customer service. At Jo & Co., we believe in The Golden Rule 2.0., treat others the way they want to be treated. Our promise is to be honest, reliable, trustworthy, knowledgeable, and responsive to both our buyers and sellers, all while holding a positive presence in our community.

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