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January 7, 2009
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  CONDITIONS™
By Local Real Estate Experts  


Market Conditions for Afton Oaks in Houston, Texas

Reported by Meg & Jim Zoller of The Zoller Group, REALTOR

Updated December 18, 2008.

Current Market Rating: 3




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Current Price Trend: 2




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Based upon information gathered from the Houston Association of Realtors there was 1 Afton Oaks home sold in the month of November. This was an older 3 bedroom, 2/1 bath home with 2316 square feet of living space that sold for $241.80 per square foot and was on the market for 61 days.

Currently there are 27 active available homes for sale in the Afton Oaks subdivision with list prices ranging from $325,000 for a 3 bedroom, 2 bath, 1822 sq. ft. home built in 1950 to $3,295,000 for a 4 bedroom, 4/2 bath, 7580 sq.ft. home built in 2008. There are no properties pending at this time.

Hurricane Ike hit Houston in mid September, damaging property and resulting in lost power to most homes for up to three weeks. Based upon information gathered from the Houston Association of Realtors there were 2 Afton Oaks homes sold in the month of October. Both homes were older 3 bedroom, 2 bath homes selling for an average of $232.18 per square foot.

In September there were 2 homes sold in Afton Oaks, both were older homes selling for $375,000 and $665,000 for an average of $260.63 per square foot.

Note: Hurricane Ike hit Houston in mid September, damaging property and resulting in lost power to most homes for up to three weeks. Also, the homes under contract before the hurricane had to be reappraised before banks would process loans, causing delays in closings.

For the month of August 2008 there were 4 homes sold in the subdivision with prices ranging from $375,000 to $2,020,000 averaging $293.98 per square foot.

For the month of July 2008 there were 4 homes sold in Afton Oaks with prices ranging from $427,500 to $651,000 averaging $284.48 per square foot.

For the month of June 2008 there were 6 homes sold in Afton Oaks with prices ranging from $305,000 to $2,050,000 averaging $273.63 per square foot.

These figures are based on data collected from the Houston Association of Realtors.


ZIP Code: 77027

Approximate Location Boundaries: Bounded on the north by Westheimer Rd., on the east by Union Pacific railroad tracks, on the south by U.S. 59, and on the west by IH-610.

Location Characteristics: Afton Oaks is an approximately 50 year old deed-restricted residential community of over 500 single family homes. The neighborhood is bounded on the north by Westheimer Rd., on the east by Union Pacific railroad tracks, on the south by U.S. 59, and on the west by IH-610.
Afton Oaks contains many homes built in the 1950s along with many recently-built homes listed for well over $1,000,000.
Afton Oaks is zoned to Houston ISD schools. Prior to spring 2006, Afton Oaks was zoned to Will Rogers Elementary School. Will Rogers was closed after spring 2006 and Afton Oaks was rezoned to St. George Place Elementary School. Afton Oaks pupils are also zoned to Lanier Middle School in Montrose and Lamar High School in Upper Kirby.


For More Information:

View Market Conditions of other areas served by Meg & Jim Zoller of The Zoller Group

Navigate: Top > Texas > Houston > Afton Oaks

These reports reflect the views and opinions of their authors and are not necessarily the views and opinions of Realty Times.




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