July Housing Report
July Results for Zip Code 77441
July Results by Community
Weston Lakes:
Fulbrook:
There was no change with the (2) Active homes on the market. The rewarding news was found in Pending Status. There are now (3) total and (2) that were on the market less than (8) days. That’s good news. What’s even more impressive? One was Listed for $2.8 million and at nearly $500 per square foot. Both figures are a record. This further establishes Fulbrook as perhaps the finest estate lot community in Houston.
Fulbrook on Fulshear Creek:
Cross Creek Ranch:
New Sections opened which allowed more New Homes to enter the market. And, that they did! The Active Inventory rose dramatically from (74) to end July with (107). The number in Pending Status rebounded too, from a huge drop in June, and then rose back up to end July with (57). They did so impressively, averaging just over $610,000 and at an all-time high of $206 per square foot.
Fulshear Run:
There was no change in Activity. There are (5) Active homes on the market and not a change from June.
Polo Ranch:
It’s always a “mystery” on how to report their results. Active inventory declined from (38) in June to end July with (26). There were also (23) homes in Pending Status, yet only (4) that Sold. The mystery is how every month there are so many in Pending, yet they never show up to be reported as Sales. Oh well, I can only report what is given…