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Patrick Lim

Home Sales in New Territory, Sugar Land from September to December 2011

01-08-12
Patrick Lim

HOME SALES IN NEW TERRITORY – January 2012 Update

As a fellow homeowner in New Territory, I know how important it is to you to keep informed on the current value of your home and how the recent home sales are affecting the value of your property.

I have the expertise and the tools to provide and assist you with your real estate needs, whether we are looking to sell or buy a home here in New Territory. And I am happy to provide you with the following information:

For the month of December 2011, there were:

East of Hwy 99

(on Walker Station side)

West of Hwy 99

(on Brazos ES side)

Home for Sale

19

19

List Price

$189,000 - $685,000

$173,000 - $274,000

New Listings

7

2

Under Contract

4

4

Homes Sold

4

5

Sale Price

$172,000 - $409,000

$179,900 - $289,000

Average Days on Market

143

88

Average Price Per Sq. Ft.

$89.13

$81.52

Homes Sold for the previous months of 2011 in:

Homes Sold in September 2011 6 6

Average Price Per Sq. Ft. $96.54 $71.69

Homes Sold in October 2011 8 6

Average Price Per Sq. Ft. $92.89 $79.53

Homes Sold in November 2011 4 6

Average Price Per Sq. Ft. $95.64 $78.85

Home Sales in New Territory, Sugar Land, Texas for August 2011

01-08-12
Patrick Lim

HOME SALES IN NEW TERRITORY – SEPTEMBER Update

As a fellow homeowner in New Territory, I know how important it is to you to keep informed on the current value of your home and how the recent home sales are affecting the value of your property.

I have the expertise and the tools to provide and assist you with your real estate needs, whether we are looking to sell or buy a home here in New Territory. And I am happy to provide you with the following information:

For the month of August 2011, there were:

East of Hwy 99

(on Walker Station side)

West of Hwy 99

(on Brazos ES side)

Home for Sale

51

36

List Price

$194,990 - $850,000

$146,000 - $625,000

New Listings

13

6

Under Contract

8

7

Homes Sold

9

9

Sale Price

$250,000 - $448,400

$160,000 - $217,000

Average Days on Market

79

59

Average Price Per Sq. Ft.

$96.23

$80.26

Comparing to JULY 2011, there were

:

East of Hwy 99

West of Hwy 99

New Listings

7

10

Homes Sold

8

9

Sale Price

$246,500 - $380,000

$146,100 - $250,000

Average Days on Market

72

61

Average Price Per Sq. Ft.

$95.69

$71.03

For more information about this data or for specific information about any home in the area, please feel free to call me for a FREE consultation. I will be happy to discuss with you what I can do to help you through the whole selling or buying process, even if you are in your initial planning stages.

Buying vs. Renting

01-07-12
Patrick Lim

Is it better to Buy or Rent? Whether renting is better than buying depends on many factors. How do you know whether renting or owning is the way to go? The information listed here will assist you with coming up with the right decision.


For Sellers / Landlords:

  • Who will tend to the property and pay for routine maintenance?
  • Who pays for major repairs?
  • What are the costs of setting up and managing an escrow account for the portion of rent allotted to the down payment?
  • Will you manage the property yourself, or hire an agent?
  • What is the cost of hiring an agent?
  • What if the renters change their minds? Who keeps the money in the escrow account?
  • If the buyers change their minds, what will be required to put the property back on the market?

For Buyers:

  • How much is the monthly rent vs monthly mortgage payment for a similar home?
  • How much are the annual taxes, insurance, HOA fees ... needed to be considered?
  • How locked in are you if you change your mind?
  • What will it cost you to get out of the deal?
  • How long will it take to accumulate enough of a down payment that you are likely to qualify for a mortgage?
  • What the the closing costs involved and how much would it be?

Source: REALTOR® Magazine Online.

Home Sales in New Territory, Sugar Land, Texas for July 2011

08-03-11
Patrick Lim

HOME SALES IN NEW TERRITORY – AUGUST Update

As a fellow homeowner in New Territory, I know how important it is to you to keep informed on the current value of your home and how the recent home sales are affecting the value of your property.

I have the expertise and the tools to provide and assist you with your real estate needs, whether we are looking to sell or buy a home here in New Territory. And I am happy to provide you with the following information:

For the month of JULY 2011, there were:

East of Hwy 99

(on Walker Station side)

West of Hwy 99

(on Brazos ES side)

Home for Sale

36

38

List Price

$215,000 - $849,000

$167,900 - $625,000

New Listings

7

10

Under Contract

14

11

Homes Sold

8

9

Sale Price

$246,500 - $380,000

$146,100 - $250,000

Average Days on Market

72

61

Average Price Per Sq. Ft.

$95.69

$71.03

Comparing to JUNE 2011, there were:

East of Hwy 99

West of Hwy 99

New Listings

6

13

Homes Sold

9

13

Sale Price

$234,900 - $485,000

$127,000 - $299,000

Average Days on Market

60

75

Average Price Per Sq. Ft.

$102.41

$78.70

For more information about this data or for specific information about any home in the area, please feel free to call me for a FREE consultation. I will be happy to discuss with you what I can do to help you through the whole selling or buying process, even if you are in your initial planning stages.

Home Sales in Fort Bend County - New Territory, Sugar Land, Texas for June 2011

07-04-11
Patrick Lim

HOME SALES IN NEW TERRITORY - JULY Update

As a fellow homeowner in New Territory, I know how important it is to you to keep informed on the current value of your home and how the recent home sales are affecting the value of your property.

I have the expertise and the tools to provide and assist you with your real estate needs, whether we are looking to sell or buy a home here in New Territory. And I am happy to provide you with the following information:

For the month of JUNE 2011, there were:

East of Hwy 99

(on Walker Station side)

West of Hwy 99

(on Brazos ES side)

Home for Sale

37

35

List Price

$199,000 - $849,000

$165,000 - $625,000

New Listings

6

13

Under Contract

17

16

Homes Sold

9

13

Sale Price

$234,900 - $485,000

$127,000 - $299,000

Average Days on Market

60

75

Average Price Per Sq. Ft.

$102.41

$78.70

Comparing to MAY 2011, there were:

East of Hwy 99

West of Hwy 99

New Listings

17

12

Homes Sold

6

6

Sale Price

$199,000 - $505,000

$155,000 - $272,500

Average Days on Market

60

80

Average Price Per Sq. Ft.

$101.65

$81.01

For more information about this data or for specific information about any home in the area, please feel free to call me for a FREE consultation. I will be happy to discuss with you what I can do to help you through the whole selling or buying process, even if you are in your initial planning stages.