MARCH 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
Published by Aly J. Yale on Dec. 28th, 2020 on money.com
HOW VACCINES, CURRENT ADMINISTRATION, AND MORE COULD SHAPE HOUSING TRENDS 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.
COMPETITION WILL CALM UNLESS A HOUSING TAX CREDIT IS PASSED
THE SUBURBS WILL CONTINUE THEIR HOT STREAK
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.
HOMES WILL GET BIGGER WITH MORE HEALTH-RELATED AMENITIES
FORECLOSURES WILL JUMP, BUT NOT AS MUCH AS YOU MIGHT EXPECT
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.
NOW IS THE TIME TO SELL! Call us today at 713-557-7095 for a free consultation.
PREPARED ESPECIALLY FOR
Johnathan and Angela-Marie Williams
PRESENTED BY
MARKET REPORT
Auburn Lakes | Auburn Lakes estates
Call Us Today: 713-557-7095
REALTORS® and NEIGHBORS Sold@RubenandNancy.com www.AuburnLakesLiving.com
Homes are still being bought and sold in the midst of this pandemic. If you need to sell your house and would like to know the current status in your local market, contact Nancy Villarreal at 713-557-7095 to create a safe and effective plan that works for you and your family.
HOMES CURRENTLY LISTED IN YOUR AREA
Published by REAL Marketing (REM) | www.REALMarketing4You.com | 858.952.4280 | ©2021
Auburn Lakes | Auburn Lakes Estates | Current Market Activity Active
Pending
Sold
A visual representation of the MLS data on the right page.
STATUS
STREET NAME
EST. SQ. FT. *
BEDS
BATHS
LIST PRICE
LIST MONTH
Active Active
Pennwell Drive Montay Bay Drive
5,100 3,900
5 5
5.1 3.1
$940,000 $480,000
September January
Auburn Lakes Estates Auburn Lakes Reserve
SUBDIVISION
Active Active
Redwood Terrace Lane Carrick Bend Drive
3,800 4,300
4 4
3.1 3.1
$520,000 $489,900
December February
Auburn Lakes Reserve Auburn Lakes Retreat
HOMES CURRENTLY PENDING IN YOUR AREA STATUS
STREET NAME
EST. SQ. FT. *
BEDS
BATHS
LIST PRICE
LIST MONTH
Pending
Thorton Knolls Drive
4,000
4
4.1
$700,000
November
Auburn Lakes Estates
SUBDIVISION
Pending
Pelham Chase Drive
3,300
4
3.1
$449,999
December
Auburn Lakes Retreat
Pending
Auburn Sands Drive
3,700
4
3.2
$514,000
January
Auburn Lakes Retreat
Pending
Summer Chase Drive
3,400
4
3.2
$540,000
January
Auburn Lakes Retreat
Pending
Titan Springs Drive
5,000
5
3.1
$650,000
January
Auburn Lakes Retreat
HOMES SOLD SINCE OCTOBER 1ST, 2020 STATUS STREET NAME
© 2020 Google
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www.AuburnLakesLiving.com
EST. SQ. FT. *
BEDS
BATHS
LIST PRICE
SOLD PRICE
Sold Sold
Thorton Knolls Drive Emerald Manor Lane
5,200 4,600
4 5
4.1 4.1
$929,000 $1,100,000
$925,000 $1,050,000
SOLD MONTH SUBDIVISION October February
Auburn Lakes Estates Auburn Lakes Estates
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 Gaddis Oaks Drive
3,400 3,500
4 5
3.1 3.1
$364,900 $390,000
$366,000 $382,000
December October
Auburn Lakes Reserve Auburn Lakes Reserve
Sold Sold
Northcrest Drive Doyle Sands Court
2,700 3,300
3 4
2.1 3.1
$399,000 $485,000
$388,850 $474,000
December February
Auburn Lakes Reserve Auburn Lakes Reserve
Sold Sold
Gaddis Oaks Drive Amber Mills Drive
3,900 3,000
4 3
3.1 2.1
$475,000 $430,000
$475,000 $415,000
October November
Auburn Lakes Reserve Auburn Lakes Retreat
Sold Sold
Carrick Bend Drive Carrick Bend Drive
4,200 4,200
5 5
3.1 3.1
$450,000 $550,000
$457,500 $540,000
December October
Auburn Lakes Retreat Auburn Lakes Retreat
Sold Sold
Fleming Meadow Heritage Maple Drive
4,600 4,900
4 5
3.1 4.1
$578,000 $674,990
$560,000 $665,000
December November
Auburn Lakes Retreat 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. © 2021 All rights reserved. This representation is based on sales and data reported by multiple brokers/agents to the HARMLS between October 1st, 2020 and February 11th, 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 AVG. ACTIVE LIST PRICE
$607,475
AVG. SOLD PRICE
$586,668
14
98%
25
Total Homes Sold
Avg. SP/LP Ratio
Avg. Days on Market