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Crestwater - Property Value Update - 2008 vs 2007

By
Real Estate Broker/Owner with See TIM Sell @ Keller Williams

Crestwater - Property Value Update - 2008 vs 2007

By Timothy Sojka, Realtor ® / Broker, Crestwater Expert  

713-822-2152 - shop for a home on-line at www.search-katy-homes.com

Property values in Crestwater continue to be strong.  Crestwater is truly a thing of beauty the lucky residents of the neighborhood.  This gated community features less than 200 homes, most backing to one of the neighborhoods man made lakes.  The homes were built to offer the homeowner resort style living. 

In 2007 nine total homes sold for an average of $273,000.  Days on the market, a key economic indicator was at 119 (from the home on the market to contract).  The average price per square foot was $83.11.

In 2008 five homes sold for an average of $267,000.  This may not look like a strong market, however honesty home sales were solid.  The average days on the market was only 90 days and homes sold for a price per square foot of $83.76. 

So even in a tough economy Crestwater held its value.  To work with a Crestwater expert just give us a call.

For more information about Crestwater Homes and homes in other waterfront communities contact Realtor / Broker Timothy Sojka at 713-822-2152.  No realtor sold more homes in Crestwater in the last 24 months.  To find out the value of your home go to http://www.seetimsell.com/.  Over 80 homes sold last year and we can sell your too.  Shop for a home on-line at www.search-katy-homes.com