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Steven Teoh, Houston Luxury Homes Specialist

Foreclosures Pull Houston Home Prices Down Again In February

HAR (Houston Association of Realtor) just release February 2009 MLS Report. Due to foreclose Houston Single family house sale had drop 24.6% and the average sale price of Single Family Home in Houston Dropped 10.5% in February to $182,316 compared to Feb 2008.

For more info: http://www.har.com/mls/dispPressRelease.cfm

Steven Teoh

RE/MAX Metro

www.Houston-luxury-Homes.com

Hunter Creek Village - 2008 Real Estate Market Report - Houston Memorial Villages Luxury Homes for Sale

Hunters Creek Village has approximately 1,430 homes. Most of the homes were built in the 1960's and there are many homes now being torn down and replaced with beautiful new custom homes. The city has almost 100 different subdivisions. Lot sizes usually start around one-half acre as required by a city ordinance.

Like the other Memorial Villages, Hunters Creek Village feature spacious lots, large trees, quiet streets, private city services, and an aesthetic blend of older homes and new construction.

Hunter Creek Village - 2008 Real Estate Market Report

Number of Homes Sold 52
Average Day on Market 67
Sales Price Range $420,010 - $4,495,000
Average Sales Price $1,388,702
Average Sales Price / Average Sq. foot $300.45

Zip Code: 77024

Area: Memorial Villages, Spring Branch

Hunter Creek Village's Property Taxes Rate:

Hunters Creek Village 0.185 (No Homestead exemption) 713-365-5590
Memorial Village Water Authority 0.035960 713-465-8318
Spring Branch ISD 1.3825 713-365-5590
Harris County 0.39239 713-957-7800

For more info and listings for sale : hunters-creek.houston-luxury-homes.com

Steven Teoh RE/MAX Metro - 832-298-2893

Steven Teoh’s web Site:
www.HoustonLuxuryHighRises.com

www.Houston-Luxury-Homes.com

www.Houston-TownHomes.com

www.HoustonUptownLofts.com

www.teohrealestate.com

2008 Huisache Acres Real Estate Market Report - Houston Uptown Galleria

Huisache Acres one of Houston's most Prestigious Neighborhood offers easy access to Houston’s business, retail and entertainment centers such as the famed Uptown Houston/Galleria area. Major east/west thoroughfares include I-10, Westheimer, San Felipe and Woodway.

2008 Huisache Acres Real Estate Market Report

Number of Homes Sold 2
Average Day on Market 68
Sales Price Range $1,250,000 - $1,361,000
Average Sales Price $1,305,500.00
Average Size (Square Foot) 4,885
Average Lot Size (Square Foot) 10,550

Zip Code: 77056

Area: Houston Uptown, Galleria Post Oak, Tanglewood

For more info and listings for sale : hilshire-village.houston-luxury-homes.com

Steven Teoh RE/MAX Metro - 832-298-2893

Steven Teoh’s web Site:
www.HoustonLuxuryHighRises.com

www.Houston-Luxury-Homes.com

www.Houston-TownHomes.com

www.HoustonUptownLofts.com

www.teohrealestate.com

Hilshire Village 2008 Real Estate Market Report - Houston TX Luxury Homes Neighborhood

Hilshire Village is the smallest of the Six Memorial Villages, is located north of I-10 between Bingle & Wirt just south of Westview.

Like the other Memorial Villages, Hilshire Village feature spacious lots, large trees, quiet streets, private city services, and an aesthetic blend of older homes and new construction.

Hilshire Village is one the wealthiest suburbs in the Nation. Children in Hilshire Village attend school in Spring Branch ISD.

Hilshire Village 2008 Real Estate Market Report

Number of Homes Sold 4
Average Day on Market 7
Sales Price Range $330,000 to $597,416
Average Sales Price $522,479
Average Sales Price / Average Sq. foot $182.18

Zip Code: 77055

Area: West Houston, Memorial Village, Spring Branch

Hillshire Village's Property Taxes Rate:

Hilshire Village 0.528595 (20% Homestead exemption) 713-365-5590
Memorial Village Water Authority 0.035960 713-465-8318
Spring Branch ISD 1.3825 713-365-5590
Harris County 0.39239 713-957-7800

For more info and listings for sale : hilshire-village.houston-luxury-homes.com

Steven Teoh RE/MAX Metro - 832-298-2893

Steven Teoh’s web Site:
www.HoustonLuxuryHighRises.com

www.Houston-Luxury-Homes.com

www.Houston-TownHomes.com

www.HoustonUptownLofts.com

www.teohrealestate.com

St. George Place (Lamar Terrace) 2008 Real Estate Market Report - Houston TX Luxury Homes for Sale

Saint George Place, originally known as Lamar Terrace. In the early 1990s, has been transformed from a once forgotten area of the city, into a premier residential area full of new streets and beautiful homes. It is located within the southwest corner of the Galleria Mall and is only a short walking distance to the premier shopping area of Houston. St. George Place is bordered by Alabama Street on the north, Richmond Avenue on the south, Rice Avenue on the east, and Chimney Rock on the West.

St. George Place 2008 Real Estate Market Report

Number of Homes Sold 23
Average Day on Market 118
Sales Price Range $365,000 to $1,299,000
Average Sales Price $586,562

Zip: 77056

Area: Houston Uptown, Galleria Post Oak

For More info: http://houston-luxury-homes.com/area/george.html

Steven Teoh’s web Site: www.HoustonLuxuryHighRises.com www.Houston-Luxury-Homes.com www.Houston-TownHomes.com www.HoustonUptownLofts.com www.teohrealestate.com