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Market Report - Friendswood Townhomes and Condos Sold in 2011

By
Real Estate Agent with David Tracy Real Estate License # 0577361

I often get calls from people who want their children to attend Friendswood ISD schools because of the district’s exemplary rating, but they don’t think they can afford the homes in Friendswood.  However, one of the best kept secrets in Friendswood is that there are some townhome/condo complexes that are VERY affordable, especially for first time buyers!

 

Friendswood doesn’t have a lot of multi-family properties, but there are a few small complexes that were built in the 70’s and 80’s. There is one complex, Ashford Village, with townhomes constructed between 2000 and 2003.

 

There were 15 townhomes/condos sold in Friendswood ISD this year. Of those, eight were sold for under $100,000.  They didn’t stay on the market for long – average number of days on the market was only 96 days. Most were in need of repair, but there were a few that were well-maintained and really good buys for someone looking for an affordable home in Friendswood ISD.

 

Here are the complexes, and the data for townhomes/condos sold this year:

 

Walden Pond

Number of Sales – 1 (foreclosure)

Sales Price – $21,000

Days on Market – 36

 

Sunmeadow Townhomes

Number of Sales – 2

Average Sales price – $73,700

Average Days on Market – 42

 

Elem Leslie Landing

Number of Sales – 1 (foreclosure)

Sales Price – $46,000

Days on Market – 35

 

Hidden Cove

Number of Sales – 5

Average Sales Price – $81,384

Average Days on Market – 117

 

Frenchmans  Creek Townhomes

Number of Sales – 2

Average Sales Price – $66,750

Average Days on Market – 109

 

Quaker Village Townhomes

Number of Sales – 2

Average Sales Price – $162,050

Average Days on Market – 52

 

Ashford Village Townhomes

Number of Sales – 2

Average Sales Price – $165,500

Average Days on Market – 208

 

For assistance finding a townhome or condo in the Friendswood area, contact Friendswood Realtor ROSE KING for excellent service!

 

 

Posted by

Rose King 



Serving you in Friendswood, Pearland, Alvin, Manvel, Rosharon, League City, Webster, Clear Lake, South Belt, and the Houston Bay Area

Visit My Website!

Email me at rose@rosekingrealtor.com

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Comments (9)

Laura Allen, Lake Tahoe - Truckee Real Estate for Sale TahoeLauraRealEstate.com
Coldwell Banker Realty, Tahoe City, CA (530) 414-1260 - Tahoe City, CA
Tahoe Real Estate Agent Helping Buyers and Sellers

Rose - Good, local community real estate market report. I like the mini-summaries for the different condo groups at the end.  I was wondering how to present that type of information.  Nicely done. 

Dec 19, 2011 05:43 PM
Ronald DiLalla
Century 21 Discovery DRE 01813824 - Anaheim, CA
No. Orange Cty Real Estate

Hi Rose,  thanks for sharing your market report..always interested in viewing figures from other communities.

Dec 19, 2011 06:03 PM
Carlotta Remong
Berkshire Hathaway HS N.E. Prime Properties - Newport, RI

Rose, I am amazed at the prices of some of the forclosure properties available now. Almost any one who has a will to buy property can find a distressed property in their price range that they can afford to buy. Thanks for the condos and townhomes market report of the Friendswood area. Happy Holidays!

Dec 19, 2011 08:04 PM
Patricia Feager, MBA, CRS, GRI,MRP
DFW FINE PROPERTIES - Flower Mound, TX
Selling Homes Changing Lives

Hi Rose,

Those are great prices for an excellent location!

Wishing you and yours a great Christmas and Happy New Year!

Patricia

Dec 19, 2011 10:47 PM
Barbara Todaro
RE/MAX Executive Realty - Happily Retired - Franklin, MA
Previously Affiliated with The Todaro Team

Good morning, Rose....those prices are unbelievable..... the condos would make great investment opportunities also....

Dec 19, 2011 11:02 PM
Pam Miller
Realty Associates - Conroe, TX
Broker Associate - Water Crest on Lake Conroe

Rose - I like a lot of those townhome communities!  Buyers need to call you to buy now while interest rates are so low!

Dec 20, 2011 08:55 AM
Chris Canfield
Coldwell Banker Residential Brokerage - Tucson, AZ
Homes for Sale in Oro Valley and Tucson, Arizona

Hi Rose - Now that should be pretty affordable for many people.  Great post!

Dec 20, 2011 03:20 PM
Joyce Godwin, Realtor, CRS
RE/MAX Elite Properties; Serving Cypress, Spring, Tomball, NW Houston - Houston, TX
RE/MAX Elite Properties

Hi Rose,  Great alternative for people wanting to get into the school district!  If you have kids, who has time for yard work anyway!?

Dec 21, 2011 01:56 AM
Sussie Sutton
David Tracy Real Estate - Houston, TX
David Tracy Real Estate for Buyers & Sellers

I hate to say I didn't know of those locations... I am going to get reacquainted with the area.

Dec 22, 2011 09:34 AM