Timbergrove / Lazybrook Market Update – July 2013

Lydia Davies September 19, 2018

It was a another great month for Timbergrove. The average home price as risen by double digits year over year.  Homes are still selling very quickly.  However, home shoppers have a few more options this month than they have had for most of the summer.  That being said, inventory levels remain historically low, which could yield even higher prices in the months and weeks ahead. On the quality of life front, we have a new restaurant that has joined the neighborhood. Hughie’s Tavern located at 1802 W. 18th St.  We can’t wait to check out the Spicy lemongrass Tofu and the Banh Mi sandwiches.

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Check out the Timbergrove market report for July 2013 at Norhillrealty.com. Your local Timbergrove Realtor and home specialist.

SALES ACTIVITY
18 homes sold in Timbergrove in the month of July, which was up a whopping 2 extra homes from July 2012.   Of the properties sold in July half were under contract in less than 9 days. That’s up slightly from last month, when the median days on market for homes sold was 5.

MLS# Closed Date Address Bed Rooms Bath rooms # Garage Pool Bldg SqFt Lot SqFt Year Built List Price
13810326 7/31/2013 1834 SEAMIST CT 3 2/1 2 N 2,040 7,215 1958 $529,900
41710451 7/26/2013 6510 CINDY LN 3 2/0 2 N 1,922 8,450 1957 $425,000
65773435 7/11/2013 1823 TATTENHALL DR 3 2/0 2 N 1,662 7,725 1963 $399,900
27946331 7/18/2013 2014 LAZYBROOK DR 3 2/0 2 N 1,566 7,500 1956 $355,000
66255664 7/29/2013 6608 TOLEDO ST 3 3/1 2 N 2,558 1,524 2010 $352,000
52318800 7/18/2013 1248 PRINCE ST 3 2/1 2 N 2,116 2,598 2005 $349,900
85538705 7/3/2013 1236 SEAMIST DR 3 2/1 2 N 2,145 4,005 2003 $349,900
86958193 7/8/2013 910 BAY OAKS RD 3 2/0 1 N 1,536 8,840 1952 $349,900
83003084 7/5/2013 6235 Wynnwood 2 1/0 2 N 1,512 8,190 1955 $329,900
97091644 7/15/2013 6555 GROVEWOOD LN 3 2/0 1 N 2,182 8,980 1956 $329,500
98865216 7/19/2013 3123 HERITAGE CREEK TERRACE 3 2/1 2 N 2,696 2,541 2003 $325,000
19201546 7/1/2013 2219 WILLOWBY DR 3 2/0 2 N 1,776 7,590 1962 $319,900
28193883 7/12/2013 2511 WILLOWBY DR 3 2/0 2 N 1,209 7,260 1965 $314,900
52063841 7/29/2013 6318 WALTWAY DR 3 2/0 1 N 1,408 8,320 1955 $305,500
23185470 7/26/2013 1634 W 13TH ST 2 2/1 2 N 1,704 1,467 2005 $285,000
63439615 7/9/2013 1719 LOCKSFORD 3 1/0 2 N 1,214 10,150 1957 $275,000
63514124 7/17/2013 1636 13TH ST 2 2/1 2 N 1,935 1,458 2005 $237,500

ACTIVE LISTINGS

Home buyers will be happy to know that there are a few more options currently available in Timbergrove.  The number of active listings is up to 16 at this moment.  That’s up quite a bit from last month, which only had 6 homes available at this time and the previous month which had only 8.  Despite this little spike, this is historically a very low number of available listings.  At this time last year, there were 28 total listings available on the market.  24 new listings came available in July. Of which only 8 are still available.  The rest are already under contract.Houston-Heights-Graph-July-2013

HOME PRICES

Timbergrove / Lazybrook home prices rose for the 11th consecutive month. The average home price for the 12 month period ending in July 2013 was $350,932.  That’s up 18% from the same period ending in July 2012!  Home sellers and Timbergrove residence go to love that.6215-Wynnwood

Located just west of Houston Heights, Timbergrove and Lazybrook are two of the hottest neighborhoods for young families in Houston’s Inner Loop.  Downtown Houston and the Uptown/Galleria area are a short drive away.  Furthermore, Timbergrove and Lazybrook are conveniently located close to restaurants and bars in Houston Heightsthe Uptown/Galleria area, and the Washington/Rice Military Corridor.  For prospective buyers that are seeking close proximity to Houston’s great parks, Timbergrove and Lazybrook is home to 11th street Park, Jaycee Park, and the White Oak bayou bike trail.  Memorial Park and its great jogging trail is also nearby.  Timbergrove and Lazybrook is also home to a couple of our agents.

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