4 Key Timbergrove Real Estate Market Trends
Timbergrove is one of the Inner Loop’s hottest neighborhoods in terms of real estate growth. Over the last decade, the median sales price of Timbergrove real estate has appreciated by an impressive 86%.
Named after the area’s abundance of pine trees, Timbergrove is a mostly residential neighborhood located near the northwest bend of Loop 610.
Finding a reliable Timbergrove Houston realtor gives buyers an edge in this highly competitive market.
For questions, advice, Timbergrove 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.
Here are 4 key Timbergrove real estate market trends.
Timbergrove Houston Resources:
- Timbergrove Neighborhood Guide
- All Timbergrove Homes For Sale
- Most Expensive Timbergrove Homes For Sale
- Timbergrove Homes Under $1M
- Timbergrove Homes Under $500K
- Houston Neighborhoods Guide
For an updated and customized Timbergrove Houston real estate pricing or trend analysis, please contact Paige Martin at [email protected].
4 Important Timbergrove Real Estate Market Trends
1. Timbergrove real estate have appreciated by 86% from 2005 to 2014.
The median sales price of Timbergrove homes have been on a steady rise, posting an 86% positive change from $215,000 in 2005 to $400,000 in 2014.
2. During the same period, average price per square foot has also increased by 84%.
The average price per square foot of a Timbergrove home was $117 in 2005. By 2014, this number has increased to $216.
3. Despite slight fluctuations, Timbergrove property values remain strong.
Timbergrove home prices have slightly fluctuated over the past decade, but this doesn’t indicate an unsteady market. Positive 1-year and 5-year price changes in both median sales price and average price per square foot indicate as much.
A lot of factors affect home prices, including the age and condition of the home, size, and location. Furthermore, newer construction Timbergrove homes are typically priced higher than their older counterparts.
4. Homes sold per year is going down.
Like in most Inner Loop neighborhoods, inventories are tight in Timbergrove. High demand and the neighborhood’s increasing popularity may have had a hand in this, as homeowners are opting to hold on to their properties.
Timbergrove 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 Timbergrove 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 Timbergrove.
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 [email protected] or 713-384-5177.