APRIL 2021
RE/MAX Integrity | 19510 Kuykendahl Road Spring, TX 77379 | 281-370-5100
REAL ESTATE
Auburn Lakes www.AuburnLakesLiving.com
MARKET REPORT
713-557-7095
REALTORS® and NEIGHBORS
Only Exclusively Manned/Gated Neighborhood in Augusta Pines PENDING
PREPARED ESPECIALLY FOR
Johnathan and Angela-Marie Williams
9 Pleasant Shadows Drive | 6 Beds, 5 Full Baths, 2 Half Baths 8,760 Est. Sq. Ft. | 26,550 Lot Sq. Ft. | $2,395,000
Zillow Review — Jan., 2021 “Experienced and very helpful through the whole sales process of our home. Ruben did a great job in helping us find a constructor to update our 40-year-old home for sale at an attractive price with multiple offers within a few days of listing the property.”
PRESENTED BY
MARKET REPORT
Auburn Lakes | Auburn Lakes estates
Call Us Today: 713-557-7095
When it comes to selling your home, there is no one-size-fits-all strategy. Whether you’re in the first stages of discovery or you’re ready to put your home on the market today, give us a call at 713-557-7095.
REALTORS® and NEIGHBORS Sold@RubenandNancy.com www.AuburnLakesLiving.com
HOMES CURRENTLY LISTED IN YOUR AREA
Published by REAL Marketing (REM) | www.REALMarketing4You.com | 858.952.4280 | ©2021
STATUS
STREET NAME
Active Active
Montay Bay Drive Pennwell Drive
EST. SQ. FT. *
BEDS
BATHS
LIST PRICE
LIST MONTH
3,900 5,100
5 5
3.1 5.1
$480,000 $940,000
January March
SUBDIVISION Auburn Lakes Reserve Auburn Lakes Estates
HOMES CURRENTLY PENDING IN YOUR AREA
2 0 2 1 R E A L E S TA T E P R E D I C T I O NS
STATUS
STREET NAME
EST. SQ. FT. *
BEDS
BATHS
LIST PRICE
LIST MONTH
Pending
Pelham Chase Drive
3,700
4
3.1
$465,000
February
Auburn Lakes Retreat
SUBDIVISION
Pending
Carrick Bend Drive
4,300
4
3.1
$489,900
February
Auburn Lakes Retreat
Pending
Amber Mills Drive
3,700
4
4.0
$539,000
February
Auburn Lakes Retreat
Pending
Titan Springs Drive
4,300
5
4.0
$627,500
January
Auburn Lakes Retreat
HOMES SOLD SINCE NOVEMBER 1ST, 2020
How Vaccines, Current Administration, and More Could Shape Housing Trends STATUS STREET NAME
EST. SQ. FT. *
BEDS
BATHS
LIST PRICE
SOLD PRICE
Sold Sold
Thorton Knolls Drive Emerald Manor Lane
4,000 4,600
4 5
4.1 4.1
$700,000 $1,100,000
$675,000 $1,050,000
SOLD MONTH SUBDIVISION February February
Auburn Lakes Estates Auburn Lakes Estates
Mortgage Rates Will Stay Low...ish
Home Prices Will Keep Rising
Most experts expect mortgage rates to stay low for quite a while – through 2021 and beyond.
The start of the year should see some steep increases, and growth will slow once vaccines reach the general public.
Sold Sold
Green Gable Manor Shaded Springs Lane
5,800 2,800
4 4
4.2 2.1
$1,195,000 $329,000
$1,195,000 $320,000
November November
Auburn Lakes Estates Auburn Lakes Reserve
Sold Sold
Honeycrest Lane Northcrest Drive
3,400 2,700
4 3
3.1 2.1
$364,900 $399,000
$366,000 $388,850
December December
Auburn Lakes Reserve Auburn Lakes Reserve
Competition Will Calm Unless a Housing Tax Credit is Passed
The Suburbs Will Continue Their Hot Streak
Sold Sold
Doyle Sands Court Amber Mills Drive
3,300 3,000
4 3
3.1 2.1
$485,000 $430,000
$474,000 $415,000
February November
Auburn Lakes Reserve Auburn Lakes Retreat
The number of for-sale listings should increase through most of 2021. If the Tax Credit passes, it could ramp up competition.
The flexibility people now enjoy through working remotely is contributing to migration patterns, as well as the desire for more space.
Sold Sold
Pelham Chase Drive Carrick Bend Drive
3,300 4,200
4 5
3.1 3.1
$449,999 $450,000
$435,000 $457,500
February December
Auburn Lakes Retreat Auburn Lakes Retreat
Sold Sold
Auburn Sands Drive Summer Chase Drive
3,700 3,400
4 4
3.2 3.2
$514,000 $540,000
$514,000 $535,000
February March
Auburn Lakes Retreat Auburn Lakes Retreat
Homes Will Get Bigger With More Health-Related Amenities
Foreclosures Will Jump, but Not as Much as You Might Expect
Sold Sold
Fleming Meadow Titan Springs Drive
4,600 5,000
4 5
3.1 3.1
$578,000 $650,000
$560,000 $650,000
December March
Auburn Lakes Retreat Auburn Lakes Retreat
Sold
Heritage Maple Drive
4,900
5
4.1
$674,990
$665,000
November
Auburn Lakes Retreat
People want more space. Consumers want larger and more efficient housing. Interest around saving money will grow.
Historically low rates, strong demand, and surge in urban and suburban migration ensure homeowners can more easily sell.
Ruben & Nancy Villarreal, The Villarreal Team, and RE/MAX Integrity are not in any way affiliated with Auburn Lakes Owners Association, nor is this in any way an official advertisement or publication of Auburn Lakes. © 2021 All rights reserved. This representation is based on sales and data reported by multiple brokers/agents to the HARMLS between November 1st, 2020 and March 16th, 2021. Listings and sales may not be those of RE/MAX Integrity. The HARMLS does not guarantee the accuracy of this data, which may not reflect all the real estate activity in the area. E&OE covered. This market report is not intended to solicit properties already listed for sale nor intended to cause a breach of an existing agency relationship. *Estimated square feet rounded down to nearest hundred.
Auburn Lakes | Auburn Lakes Estates | Current Market Statistics
Johnathan and Angela-Marie, 2021 is on track to be another record-setting year. With still historically low interest rates, an increase in homebuilding, strong demand, and low inventory, now is the time to sell! Call us today at 713-557-7095 for a free consultation. Published by Aly J. Yale on December 28th, 2020 on money.com
AVG. ACTIVE LIST PRICE
$710,000
AVG. SOLD PRICE
$580,023
15
98%
23
Total Homes Sold
Avg. SP/LP Ratio
Avg. Days on Market