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January 2009 Luxury Home Sales Real Estate Market Report in The Woodlands, TX

By
Real Estate Agent with Chevaux Group Realtor, The Woodlands and Spring

January 2009 ~ Luxury Home Sales Real Estate Market Report in The Woodlands, TX

Montgomery County

Here is some information on SOLD homes priced from $500,000 and up.  All information was obtained through HAR (Houston Association of Realtors).

Pondering what prices homes have SOLD for recently in The Woodlands?

This chart is based on homes starting at $500,000 and up ... 

  

THE VILLAGES of THE WOODLANDS

  

NUMBER of SOLD

HOMES $500,000 +

January 2009

Alden Bridge

   

Carlton Woods

 

Cochran's Crossing

                       2

Creekside Park

 

East Shore

 

Grogan's Forest

                       1

Grogan's Mill

                       1

Indian Springs

 

Panther Creek

 

Sterling Ridge

                       3

January 2009

 

Average Sales Price

 $748,236

Average List Price to Sales Price

    92%

Average Days on Market

    117

Highest Priced Sold Home

$1,288,000

 

The most expensive home SOLD in The Woodlands, January 2009, for $1,288,000 and was located in Grogans Mill.  This custom estate home was built by Ross Munger in 1999.  Located on 1.74 acre, featured hardwood floors, 6 bedroom (2 master suites), 6 1/2 bath, pool and a 4 car garage.

 

 How does that compare to January 2008?

  

THE VILLAGES of THE WOODLANDS

  

NUMBER of SOLD

HOMES $500,000 +

January 2008

Alden Bridge

   

Carlton Woods

                 1

Cochran's Crossing

                 3

Creekside Park

 

East Shore

 

Grogan's Forest

                 1

Grogan's Mill

                 2

Indian Springs

                 1

Panther Creek

 

Sterling Ridge

                 6

January 2008

 

Average Sales Price

$1,068,232

Average List Price to Sales Price

    95%

Average Days on Market

    163

Highest Priced Sold Home

$2,735,000

The most expensive home SOLD in The Woodlands, January 2008, for $2,735,000 in Cochrans Crossing on Ivy Pond.  Built by Jay Wendell and Jeff Paul in 1994.  This showstopper was located on 2 Palmer Golf Course Lots!

Pippa MAC - Real Estate Selling Agent and Relocation Specialist with REMAX, The Woodlands and Spring, Texas

Rated number #1 featured Woodlands Realtor on Localism.com and #2 featured on Active Rain.com.    For more information about Buying or Selling HOMES in The Woodlands and Spring area go to www.PippaMAC.com.

The Woodlands, Texas is 27 miles North of Houston.  I can help you sell your home or find your dream home!  Prices range from the mid $100,000's up to millions.  

Posted by

The Woodlands

 

 

  • #1 Best Selling master-planned community in the state of Texas
  • 27 miles North of Houston
  • 16 miles from George Bush Intercontinental Airport
  • Close to I-45 and the Hardy Toll Road
  • Cynthia Woods Mitchell Pavillion outdoor amphitheater 
  • 190 miles of hike and bike trails
  • Exemplary public schools and Acclaimed private schools
  • Ranked one of the top 10 safest communities in Texas
  • Click here to see a video of "The Woodlands"

 

 

Diane Aurit
LKN Realty, LLC - Mooresville, NC
Lake Norman Real Estate

Very interesting analysis!  Our luxury home market is quite slow...really anything above the conforming rates even though we have homes up to $5 Million.  Great information for your readers!

Mar 09, 2009 10:42 AM
Russell Lewis
Realty Austin, Austin Texas Real Estate - Austin, TX
Broker,CLHMS,GRI

Hey there, just saw your comment on Gary's blog and wanted to check in! This is a good marketing report and I hope all is well with you and your family!

Mar 13, 2009 10:16 AM