Hi neighbor,
Today I will be sharing with you our perspective on the local real estate market here in Spring, Texas, specifically a market update for the neighborhood of Terranova West. Whether you are looking to buy, sell, or just keep an eye on the market, we look forward to being your resource.
What is happening in the real estate market in Terranova West?
We currently have 4homes pending, with 1 home sold in the last two weeks, averaging a sale price of $134 a square foot. One home sold over the asking price.
Compared to the two weeks prior: Homes sold are slightly down from 2 sold, but the average sales price is up to $498,000 ($254,858 previously). Every home is different, with different features, so don’t forget to ask us for your annual equity review if you are curious about your personal home. You can request your free home evaluation here or email us here.
If we look at how fast the move-in-ready (modern) homes are going (must not be overpriced), the demand in this area has not surpassed the supply, making it still a great time to sell. Buyer agents around Houston are seeing a slow in the real estate market, but it isn’t affecting every neighborhood. I know the interest rates rising has been one deterrent from some buyers purchasing right now, but that isn’t your ideal buyer anyways!
The most desirable homes in the area are still selling the first weekend or first week they hit the market (a really good coming soon campaign, like we do at Jo & Co. allows you to sell faster, for more money).
Check out the graphic below for a larger overview of the real estate market for the last two weeks in Terranova West.
Insight From Jo
My two cents as we step into 2026
The start of a new year always brings clarity, and that is exactly what this market is offering right now. We are no longer operating in chaos or urgency. Instead, we are in a market that rewards intention, preparation, and thoughtful decision making.
The buyers who are finding success are not rushing. They are clear on their goals, realistic about their budgets, and ready to move when the right opportunity presents itself. The sellers who are winning are the ones who understand today’s expectations and focus on pricing, presentation, and timing from the very beginning.
2026 is shaping up to be a year of smart moves, not fast ones. This market is not about chasing or waiting for a perfect moment. It is about alignment. When the plan is right, the timing tends to follow.
If buying is part of your vision this year, this is a season to move forward with confidence and guidance instead of fear.
If selling is on your horizon, this is still a market where strong results are possible with the right strategy in place.
This year is about steady progress, informed choices, and working with someone who understands both the numbers and the lifestyle behind the move.
What is happening in the real estate market nationally?
| MORTGAGE RATES CURRENTLY TRENDING | THIS WEEK'S POTENTIAL VOLATILITY |
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Notable News
- Will housing make a comeback in 2026? Watch Now >>
- With slowed housing inventory, how will the government boost supply? Listen Now >>
- Here are the 2026 market trends to watch out for next year. Read Now >>
Market Recap
- The weekly ADP nonfarm employment change decreased by 17,500, a drop from the previous week’s increase of 6,000.
- The GDP estimate for Q3 increased by 4.3%.
- Mortgage application submissions decreased by 5% during the week ending 12/19. The Refinance Index decreased 6% from the previous week and was 110% higher than the same week one year ago. The seasonally adjusted Purchase Index decreased 4% from one week earlier.
- Continuing jobless claims were at a level of 1,923,000 during the week ending 12/13, which was an increase of 38,000 from the week before. Initial jobless claims were at a level of 214,000 during the week ending 12/20, which was a decrease of 10,000 from the week before.
Can we sell yours?
So if you are in need of a listing agent, we would love the opportunity to see your home and meet you of course. My husband, Edward, and I, look forward to being the brokerage and team for you! You can reach out to us via email: [email protected] & [email protected] or telephone: 832-493-6685.
Read more:
If you are curious ‘How to get more money for your home when listing it for sale', check out this blog post.
I hope you have found this blog post super helpful. If there is anything else we can do for you, including helping you sell (or buy) a home, I would be honored to assist. I hope you have a great day/evening. Cheers, E + J.
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. Thoughtfully written for you. Hugs, Jo.
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.
What next?!
• Navigate our Blog: https://byjoandco.com/categories-to-help-you-navigate-the-blog/
• Download our Moving to Texas ebook! http://byjoandco.com/movingtotexasebook.
• Download our Where to Live in Houston Texas ebook! http://byjoandco.com/wheretoliveebook.
• Browse our Ebooks and Relocation Guides: http://byjoandco.com/ebooks
• 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.
