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Neighborhood Information
Total Homes 1,090 Median Size 2,752 Median Lot Size 10,800 Average Bedrooms 4.0 Average Bathrooms 2.2 Median Year Built 1978 Zip Code 77339 Key Map Grids 296, 297, 336 & 337
Bear Branch Village is one of 21 original Kingwood Villages established in the early 70’s and is part of the successful example of the enormous “master planned community” growth which has occurred in larger US metropolitan areas like Houston over the past 50 years. Located in the piney woods of northeast Houston, along Kingwood Drive and Woodland Hills Parkway. The subdivision includes over 1,000 homes in its 7 residential and commercial sections. While most homes were built by the mid 80’s, some recent construction can be found. Resale homes sizes range from 2,000 to 4,500 SF, with recent sales in 2008 generally ranging from the $110’s to $260’s and a median sales price per square foot around $69.00. Bear Branch Village is bordered by the neighboring Kingwood Villages of Woodland Hills, Hunter’s Ridge, Kings Crossing, and Kings Forest.
Kingwood began in 1969 as a collaboration between legendary landowner, King Ranch, and Exxon’s Friendswood Development Company. The resulting community exists beneath the canopy of 14,000 wooded acres on the shores of Lake Houston and the San Jacinto River. Search active listings and find a new home in this Houston metro area neighborhood of well-kept homes and manicured lawns which define the “Livable Forest” of Kingwood’s many villages. Bear Branch Village is convenient to all of Kingwood’s shopping areas and to Kings Crossing Town Center, a picturesque local gathering spot of commercial and retail businesses.
Bear Branch Village residents live in a deed-restricted community. Kingwood Service Association professionally manages the homeowner’s association, Bear Branch Community Association, as well as its trail association, Bear Branch Trail Association, and offers neighborhood documents online. Bear Branch Village residents receive their water and sewer services from the City of Houston. Trash service in the subdivision is provided by Waste Management. Additional resident information can be found on the HOA resident’s website. Neighborhood amenities include a park with playground equipment, picnic tables, and a gazebo pavillion for resident gatherings, a community swimming pool and swim team, sidewalks, green reserves, and more than 74 miles of greenbelt trails in the Kingwood area. Kingwood’s East End Park and Nature Preserve, a local hiking experience, is only 5 minutes away, where Kingwood Drive dead ends at Lake Houston.
Bear Branch Village is located in the Humble Independent School District. There are area houses of worship in many denominations. Area shopping, dining, and entertainment for Kingwood, Atascocita, Humble, Spring and Houston are close at hand along the Kingwood Drive, West Lake Houston, FM 1960, and Hwy 59 corridors.
Bear Branch Village Annual Sales Information
Year 2004 2005 2006 2007 List Price (LP) $162,868 $172,829 $187,291 $192,464 Sales Price (SP) $158,427 $168,319 $182,272 $187,040 SP/LP Ratio 97.30% 97.40% 97.30% 97.20% $ | Per Square Foot $59.15 $59.96 $64.02 $64.17 Days On Market 67 69 77 69 Sold Per Month 2.5 2.6 3.3 2.1

The Bear Branch Village sales price per square foot rose 8.18% when comparing the average for the first 4 quarters (2004) with the average for the last 4 quarters (2007) for the 4 year period ending December 2007. The quarterly sales average for the four year period was 7.8 homes sold per quarter — or about 2.6 Bear Branch Village homes sold each month.
During the past 18 sales quarters, the highest median per square foot price was recorded during the 3rd quarter of 2007 — a high of $68.27 per square foot.
Quarterly sales numbers provide a view of seasonal variations as well as year-to-year changes in the sales price per square foot. Bear Branch Village averages between 2 and 3 closed sales per month — the small number of sales affects the price per square foot calculation, reducing the effectiveness of the adjacent chart in illustrating price trends.
Neighborhood Market Snapshot PDF Report
For additional information on Bear Branch Village, Kingwood, Texas 77339 active listings, market activity and price trends, check out the complete printable PDF report or request an updated report with the most current HARMLS sales information for your neighborhood.
Neighborhood Spotlight information and the Neighborhood Market Snapshot report contain MLS data which is current on the report date. However, MLS data is effected by market and economic trends, and changes frequently. Therefore, the report may not reflect current neighborhood market conditions when you view or print it. Request an updated report with the latest MLS information for Bear Branch Village or for your neighborhood.
Today’s Houston real estate asking prices are derived from local market conditions based on comparable sales prices paid by home buyers in a particular neighborhood. Despite recent sales volume declines, prices are holding steady across Houston. While that may not be true for all Houston area neighborhoods, there hasn’t been an overall 15% drop in Houston home values. The housing supply is growing — tending to favor home buyers — but it hasn’t increased enough to force home sellers into large double-digit price reductions.
A Houston Chronicle Real Estate discussion posted a few weeks ago asked if Realtors share blame for the mortgage crisis unwinding across the country. Citing dual-licensed Realtors (those holding real estate and mortgage brokers licenses) as part of the problem, some forum participants pointed to the potential conflict of interest between real estate and mortgage brokerage as a reason for the mortgage crisis, while others stated that dual-licensed Realtors couldn’t adequately perform both jobs as agent and mortgage broker. Both could be valid points — yet, the number of Realtors holding a both a real estate and mortgage license isn’t large enough to have contributed to the mortgage crisis in a significant way.
While most housing market indicators have been tracking negative for months, Houston’s median home price for existing single-family housing is positively buoyant despite steady declines in sale volumes in recent months — the median price increased 1.5% in June 2008 when compared to last year. Houston’s residential real estate housing market sales were lower again in June 2008 with a year-to-year sales decline of 15.1% — the slowest June sales volume since 2004. Nationally, sales were down 15.5%. Sales declines were across most property and price classes with the single largest declines in homes priced between $80,000 and $200,000. Pending sales were down over 20% indicating that sales declines will continue. Inventory supply and DOM are up almost 10% in year-to-year comparisons.