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Neighborhood Information

Total Homes	550
Median Size	2,386
Median Lot Size	19,499
Average Bedrooms	3.5
Average Bathrooms	2.1
Median Year Built	1975
Zip Code	77339
Key Map Grids	336

Forest Cove Country Club Estates is a companion subdivision to neighboring Forest Cove, and offers more than 500 homes located along the Kingwood Cove Golf Course. Bordered by Kingwood Drive to the north, and Hamblen Road to the south, this beautiful neighborhood is located on a bend of the San Jacinto River in northeast Houston and offers commuters about a 30 minute drive to downtown Houston. Resale homes sizes range from 1,500 to 4,000 SF, with sales in the past 12 months having a median sales price per square foot around $62.00.

Forest Cove Country Club Estates was established in the early 1960’s as a “Country Community” for folks wanting elbow room and outdoor recreation. Many of the neighborhood sections offer large wooded homesites, some over 1 acre in size. Forest Cove County Club Estates is surrounded by neighboring subdivisions of Forest Cove, Deer Ridge Estates, Hamblen Road Estates, Lakewood Cove, and the Kingwood Villages of Trailwood and Kingwood Place. Additionally, Forest Cove Townhomes, built in the late 70’s and early 80’s near the community center and marina, offers affordable townhomes from 1,100 to 1,600 SF.

Forest Cove Country Club Estates residents are zoned to Humble Independent School District. Neighborhood amenities include the Kingwood Cove Golf Course, the Forest Cove Marina and Nature Center with river access to the San Jacinto River and Lake Houston, local clubs, swimming, sports, and equestrian facilities. Six of the 12 neighborhood sections permit residents to keep horses on their property. The neighborhood HOA, Forest Cove Property Owners Association, actively manages the neighborhood’s community and offers Deed Restriction documents online as well as plenty of community information. The City of Houston provides water, sewer, and trash services to the residents.

Forest Cove Country Club Estates is convenient to area houses of worship in many denominations. Shopping, dining, and entertainment for Kingwood, Atascocita, Humble, Spring and Houston are close at hand along the Kingwood Drive, FM 1960 and Highway 59 corridors.

Forest Cove Country Club Estates Annual Sales Information

Year	2004	2005	2006	2007
List Price (LP)	$147,627	$165,750	$187,660	$200,692
Sales Price (SP)	$143,498	$161,900	$174,841	$193,208
SP/LP Ratio	97.20%	97.68%	93.17%	96.30%
Avg SP/SqFt	$63.16	$67.60	$69.96	$69.62
Days On Market	108	74	94	84
Sold Per Month	1.83	1.33	1.67	1.08

Forest Cove Country Club Estates Quarterly Sales Price Per Square Foot

The Forest Cove Country Club Estates sales price per square foot rose 8.07% 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 4.4 homes sold per quarter — or about 1.5 Forest Cove Country Club Estates homes sold each month.

During the 18 sales quarters ending June 2008, the highest sales price per square foot was recorded during the 2nd quarter of 2007 — a high of $75.77 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 for existing home sales. Forest Cove Country Club Estates averages between 1 and 2 closed sale 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 Forest Cove Country Club Estates, 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 Forest Cove Country Club Estates or for your neighborhood.