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Richmond TX Real Estate - Long Meadow Farms Market Update

By
Real Estate Agent with RE/MAX Cinco Ranch License #0574076

Welcome to Long Meadow Farms!

Your Local Housing Market Update

Presented To You By Julie Morales®

 

  

Why Do People Choose Long Meadow Farms?

People live here to feel and belong to a special community! Creativity and immense care were put into the development of Long Meadow Farms. The idea was to keep the native landscape, including the pecan trees, the native wildflowers, and the native wildlife, and then blend this serene landscape with a plethora of beautiful homes and fun-filled activities. This community is close-knit with a sense of friendly small town Texas charm. Please take a look at these charts for recent and updated activity for July 2015!  

  

 

Let's Interpret These Charts

  • The slight growth of Median Sold Prices reflects a seller's market. Since there are currently more buyers than sellers, demand is increasing and causing prices to inflate. 
  • New Properties for Sale as well as Months Supply of Inventory is up for July 2015 as compared to July 2014, reflecting the expansion of Long Meadow Farms to the north side of Grand Parkway.  New construction is available, including "ready move-ins"!
  • Closed Sales and Properties That Went Under Contract are down for the year, reflecting the bubble that Long Meadow Farms experienced as its initial growth began in 2012. Its population is currently 3,300 yet is expected to reach 7,222 upon completion.

  

Inventory Updates for Long Meadow Farms

 

Great Resources for Home Buyers

  

 

John Pusa
Glendale, CA

Julie - These are very valuable real estate Long Meadow Farms stats for Richmond, Texas.

Aug 05, 2015 02:45 PM
The Julie Morales Team
RE/MAX Cinco Ranch - Katy, TX
Real Estate Questions? Call (832) 367-3412

John Pusa - Thank you so much John  

Aug 06, 2015 03:06 PM
Joe Petrowsky
Mortgage Consultant, Right Trac Financial Group, Inc. NMLS # 2709 - Manchester, CT
Your Mortgage Consultant for Life

Lots of great reasons why folks want to live at Long Meadow Farms and to find a home in that community they should contact you.

Aug 07, 2015 04:59 AM
Gabe Sanders
Real Estate of Florida specializing in Martin County Residential Homes, Condos and Land Sales - Stuart, FL
Stuart Florida Real Estate

Thanks Julie.  Great market report for the Long Meadow Farms of Richmond Texas.

Aug 18, 2015 09:39 PM