COLES CROSSING SOLDS FOR FEBRUARY 2011!

By
Real Estate Agent with Keller Williams - BV 581856

Here is the February 2011 market report for the highly sought-after COLES CROSSING subdivision!  COLES CROSSING is a master-planned community located in Cypress (NW Houston area), Texas. 

With award winning schools, outstanding ammenities, and beautiful walking/biking trails, Coles Crossing offers so much for its residents!

This past month, six homes sold in Coles Crossing.  The average time on the market was only 32 days!  Average price/sq. foot was $83.79.  However, the price per square foot ranged from $73.55 all the way up to $94.82.  There were no foreclosures or short sales that closed this month.  There are currently 13 homes in Coles Crossing with a pending status, so the month of March should see quite a few homes closing!

If you are relocating to the Houston area, take a look at our community website to see what Coles Crossing has to offer you and your family!!  http://www.colescrossinghoa.com

SONJA PATTERSON with RE/MAX REALTY CENTER 13611 Skinner Rd. #100   Cypress, TX 77429

DIRECT: 281.213.8039          CELL: 713.303.9463          OFFICE: 281.213.6200

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Rainer
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Tina A. McQuaid
Sutton Group-Summit Realty Inc - Mississauga, ON

Hi Sonja,

Thank you for your insight into the Coles Crossings area. It is interesting to note that you utilize a price/sq ft to guage your home against another. This is more often used in condo apartments in the Toronto area. (It could be because the square feet of the home is not a required field on the Toronto Real Estate Board site - TREB.) I will consider adding this option to my comparative market analysis toolbag in the future. Thanks!

Feb 28, 2011 03:31 PM #1
Rainmaker
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Sonja Patterson
Keller Williams - BV - College Station, TX
Texas Monthly 5-Star Realtor Recipient for the Hou

Tina, in our market, it is very common to use price/sq. ft. to gague a home's valuation. Of course, we factor up (or down) based on the upgrades, condition, and location.  And, for unique properties (like a custom built home or a home with acreage), price/sq. foot does not work as well... Thanks for stopping by!!

Feb 28, 2011 03:43 PM #2
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Rainmaker
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Sonja Patterson

Texas Monthly 5-Star Realtor Recipient for the Hou
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