4 Key Champion Forest Real Estate Trends
Champion Forest real estate have steadily increased over the past 10 years, posting a 16% appreciation rate.
The average price per square foot for the Champion Forest homes have similarly increased over the same period.
Champion Forest is a vibrant master-planned community located in northwest Houston. Divided into sections and made up of mostly single-family homes, the neighborhood offers a great atmosphere amidst a lush environment.
The neighborhood’s major draw is its central location near major roads, retail centers, schools, parks, and outdoor entertainment hubs.
Below are 4 key Champion Forest real estate trends every homebuyer should know.
For questions, advice, Champion Forest Houston real estate recommendations, or off-market MLS listings, contact Paige Martin, head of the Houston Properties Team and rated as the best Keller Williams Memorial realtor the last four years.
Champion Forest Village TX Resources:
- Champion Forest Houston Neighborhood Guide
- All Champion Forest Homes For Sale
- Houston Neighborhood Guide
For an updated and customized Champion Forest real estate pricing or trend analysis, please contact Paige Martin at Paige@HoustonProperties.com.
4 Interesting Champion Forest Real Estate Market Trends
1. The median sales price of Champion Forest homes is up by 16%.
The median sales price for Champion Forest homes have steadily increased over the past 10 years (from $242,382 in 2005 to $281,000 in 2014). One-year and 5-year changes reflect similar positive changes, 5% and 8% respectively.
2. Average price per square foot have also increased.
Over the last decade, the average price per square foot has increased by nearly a quarter, from $76 to $93. This further suggests strong property values, considering that this number has increased by 12% (from 2013 to 2014).
3. Prices tend to fluctuate, but Champion Forest real estate values are still on the rise.
Despite fluctuations, home values in the master-planned community remain on the steady rise.
Fluctuations don’t suggest an unstable market, as several factors do affect home prices, most notably age and condition of the home. Old homes sell for lower prices while new construction custom-built homes go for higher price tags.
4. Champion Forest real estate post strong 5-year changes.
Champion Forest real estate had strong numbers for the last 5 years. Median sales price increased by 8% from 2010, while average price per square foot jumped by 18%. Home sales are also up by 66%.
Champion Forest Houston Realtor – Paige Martin
As featured on Fox News in the Morning, the Houston Business Journal, Houston Chronicle, and Houston Magazine, Paige Martin – a consistent Top Producing Broker-Associate and head of the Houston Properties Team – is ranked amongst the very top Keller Williams agents in the Houston area.
Paige is ranked as one of the top realtors in Champion Forest Houston, and the state of Texas. Read more about the over 65 awards she’s won in the last few years.
Paige works with a tremendous number of buyers and sellers in Champion Forest.
For a specific recommendation of neighborhoods, homes or properties based upon your personal style, goals & price point, please contact Paige Martin, head of the Houston Properties Team & Broker Associate at Paige@HoustonProperties.com or 713-384-5177.