APRIL 2022
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
GET CURRENT LISTINGS, MARKET ACTIVITY, HOME ASSESSMENTS, AND MORE AT WWW.AUBURNLAKESLIVING.COM
WHAT HAPPY CUSTOMERS ARE SAYING ABOUT
the villareal team “We can not thank Ruben enough for his tireless work with us, from selling our home to being with us building a new home. We love working with Ruben, and thank you for putting up with us during our journey! We highly recommend Ruben, Nancy, and their team!”
“If you are looking for an awesome team with an abundance of knowledge in the real estate industry, look no further! The Villarreal Team has helped me with two purchases and one sale; I couldn’t use another real estate team!”
“Over the years, numerous family members purchased homes using the Villarreal Team, and all of us agree they are definitely the best of the best! Highly recommend them for all your real estate needs!”
PREPARED ESPECIALLY FOR
Johnathan and Angela-Marie Williams
PRESENTED BY Johnathan and Angela-Marie, We are committed to protecting home values in Auburn Lakes. If you are considering selling your home, call us today at 713-557-7095 to discuss how our unique marketing plan and extensive market knowledge can get you the most money for your home.
MARKET REPORT
Auburn Lakes | Auburn Lakes estates Johnathan and Angela-Marie, Inventory is low. Now is the time to sell! If you’re on the fence about selling your house, now is a great time to take advantage of sky-high demand, record-low supply, and fierce buyer competition. With less competition, you could sell faster and for more money! Call us today at 713-557-7095 to get started.
Call Us Today: 713-557-7095
REALTORS® and NEIGHBORS | Sold@RubenandNancy.com | www.AuburnLakesLiving.com Published by REAL Marketing (RM) | www.REALMarketing4You.com | 858.952.4280 | ©2022
HOW MUCH WILL WAITING TO SELL
%
COST YOU?
Interest rates are expected to rise this year, breaking the trends of record lows and increasing the overall cost to purchase. This will greatly reduce the number of qualified buyers, affecting what your home sells for!
2022 Q1 2023 Q1
MORTGAGE
P&I*
$700,000
$3,133.45
$744,100
$3,454.60 $321.15
MONTHLY PAYMENT INCREASE: THE DIFFERENCE IN THE LIFE OF THE LOAN (30 YEARS):
$115,614.00
Johnathan and Angela-Marie, Call us today at 713-557-7095 to learn how our marketing will attract qualified buyers and allow you to purchase your next home before interest rates increase! Average Commitment Rate per Fannie Mac | *Principal and Interest Payment | 6.3% Home Price Increase Forecasted by HPES
HOMES CURRENTLY LISTED IN YOUR AREA STATUS Active
STREET NAME
EST. SQ. FT. *
BEDS
BATHS
LIST PRICE
LIST MONTH
SUBDIVISION
3,300
4
3.1
$485,000
March
Auburn Lakes Reserve
Honeycrest Lane
HOMES CURRENTLY PENDING IN YOUR AREA STATUS
STREET NAME
EST. SQ. FT. *
BEDS
BATHS
Pending Pending
Thorton Knolls Drive
4,700
4
3.2
Delaney Knoll
4,300
4
4.1
Pending
Pine Arrow Court
2,600
3
2.0
Pending
Pine Arrow Court
3,200
4
3.1
Pending
Pine Reserve Drive
4,800
5
3.1
LIST PRICE
LIST MONTH
SUBDIVISION
$875,000
January
Auburn Lakes Estates
$1,045,000
February
Auburn Lakes Estates
$368,000
February
Auburn Lakes Reserve
$495,000
February
Auburn Lakes Reserve
$585,000
January
Auburn Lakes Reserve
HOMES RECENTLY SOLD IN YOUR AREA STATUS
STREET NAME
EST. SQ. FT. * BEDS
BATHS
LIST PRICE
SOLD PRICE
SOLD MONTH
SUBDIVISION
Sold
Brock Meadow Drive
3,900
4
3.1
$595,000
$629,000
February
Auburn Lakes
Sold
Pearl Crest Drive
5,000
5
5.1
$1,185,000
$1,150,000
March
Auburn Lakes Estates
Sold
Emerald Manor Lane
5,000
4
4.1
$1,050,000
$1,031,000
December
Auburn Lakes Estates
Sold
Thorton Knolls Drive
4,600
4
4.1
$1,090,000
$1,040,000
December
Auburn Lakes Estates
Sold
Pearl Crest Lane
5,100
4
4.2
$1,195,000
$1,192,000
December
Auburn Lakes Estates
Sold
Shaded Springs Lane
3,000
4
2.1
$450,000
$501,500
February
Auburn Lakes Reserve
Sold
Honeycrest Lane
3,000
4
2.1
$480,000
$498,000
January
Auburn Lakes Reserve
Sold
Adrienne Arbor Drive
3,300
5
4.1
$498,000
$500,000
March
Auburn Lakes Retreat
Sold
W Titan Springs Drive
4,300
5
4.0
$699,900
$725,000
February
Auburn Lakes Retreat
Sold
Summer Chase Drive
3,900
4
3.1
$639,000
$630,000
January
Auburn Lakes Retreat
Sold
Auburn Bend Drive
4,000
4
4.0
$585,000
$575,000
December
Auburn Lakes Retreat
Sold
Auburn Sands Drive
3,800
4
3.1
$659,000
$651,000
December
Auburn Lakes Retreat
Sold
Russet Springs Lane
4,800
4
3.1
$675,000
$700,000
December
Auburn Lakes Retreat
Sold
Carrick Bend Drive
4,200
5
3.1
$745,000
$741,000
December
Auburn Lakes Retreat
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. © 2022 All rights reserved. This representation is based on sales and data reported by multiple brokers/agents to the HARMLS between December 6th, 2021 and March 8th, 2022. 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.