GREETINGS FROM CYPRESS, TEXAS - Real Estate is definitely "Local" (the area that interest you). It certainly pays to follow the housing market conditions more closely than a year ago especially in your particular market of interest.
Just from June 2008 to July 2008, Cypress home sales experienced a fraction of a decrease (insignficant) in the # of homes sold per month; decrease in the price of the homes sold, while # of days on market (DOM) remained the same and Months Inventory remains 6.0 months.
It will pay you to follow the month to month statistics in determining the minute changes as well as drastic changes as they might occur in your market area of interest.
Let's compare Cypress trends over a 60 day period from June 2008 to July 2008 in terms of (a) # Home Sales (b) Avg Sales Price (c) Price per Sq Ft (d) # New Listings (d) # Active Listings (e) Sales Pending (f) Days on Market before Sold (g) Months that Homes stay in Inventory before Sold (DATA TAKEN FROM AREA 10 ONLY HAR-MLS):
June 2008 Home Sales -223 Avg Price of Homes - $180,060 Price/Sq Ft - $74 New Listings- 347 Active Listings - 1060 Pending Sales - 104 DOM - 64 Months Inventory - 6.0
COMPARED TO:
July 2008 Home Sales - 208 Avg Price of Homes -$180,753 Price/Sq Ft -$73 New Listings -332 Active Listings -1,063 Pending Sales - 128 DOM - 65 Months Inventory - 6.0
The scope of housing choices in Cypress (Northwest Houston) is broad, and the neighborhoods are impressive. Let me find your home in this beautiful area. Call me at 281-846-8686. Thank You.
Providing Your Real Estate Services For Life, Linda Duchess McCoy
ZIP Code: 77429 Location Characteristics: Cypress, Texas (Harris County) is located in Northwest Houston - (US Hwy 290, and 20 miles NW of Central Houston-Zip Code 77429-one of the most affluent zip codes in Harris County!) You will find Cypress extending into several areas of your MLS map: Area 8-Bear Creek; Area 10-Hempstead East; Area 13-Northwest; Area 14-Far Northwest; and Area 35-Hempstead West,
This area has experienced unprecedented growth in residential and commercial markets over the past few decades. Cypress, offers a great deal of choice with regards to the type and style of your neighborhoods: ranging from acreage with horse stables, to lakeside and ranch communities to forested master-planned communities.
The Cypress-Fairbanks (Cy-Fair) schools are some of the best in Northwest Houston. Willowbrook Mall and other large retail centers bring first-class shopping to the residents of Cy-Fair.
About Linda McCoy: "My Client-First Philosophy" as Your Service For Life Realtor. There are many qualities and skills that go into being an excellent real estate professional - integrity, in-depth community and market knowledge, marketing savvy, effective negotiation skills and a high-quality professional network, all of which are hallmarks of how I work.
That said, in my experience as a Houston real estate professional, I've also found that providing the very best service is essentially about putting my clients first. This means keeping myself accessible, being a good listener as well as a good communicator, and responding quickly to your needs.
This "client first" philosophy has always been my approach and it requires me to continually improve my skills and ways of doing business. In addition, I've found that the latest technologies are enabling me to do everything I've always done, only much more quickly and efficiently. They've also helped me to extend the range of services I provide to my clients.
So when you decide that you'd like to buy or sell a home in the Houston and surrounding areas areas, please contact me.
These reports reflect the views and opinions of their authors and are not necessarily the views and opinions of Realty Times.
