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Neighborhood Information

Total Homes	406
Median Size	2,568
Median Lot Size	43,470
Average Bedrooms	3.7
Average Bathrooms	2.3
Median Year Built	1969
Zip Code	77339
Key Map Grids	336

Forest Cove is a companion subdivision to neighboring Forest Cove Country Club Estates, and offers more than 400 homes ranging in size from 1,700 to over 5,000 SF, many of which are custom homes. Large wooded homesites, some over 1 acre in size define this established community. Situated along Hamblen Road just east of Highway 59 North, this quiet 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.

Forest Cove was established in the early 1960’s as a “Country Community” for folks wanting elbow room and outdoor recreation. Forest Cove is surrounded by neighboring subdivisions of Forest Cove Country Club Estates, Deer Ridge Estates, Hamblen Road Estates, Lakewood Cove, and the Kingwood Vilages 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 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 Annual Sales Information

Year	2004	2005	2006	2007
List Price (LP)	$227,588	$220,467	$212,008	$272,869
Sales Price (SP)	$222,462	$209,161	$205,459	$262,235
SP/LP Ratio	97.75%	94.87%	96.91%	96.10%
$ | Per Square Foot	$73.64	$83.43	$68.78	$81.45
Days On Market	55	80	55	78
Sold Per Month	1.33	1.00	1.00	1.42

Forest Cove Quarterly Sales Price Per Square Foot

The Forest Cove sales price per square foot rose 6.47% 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 3.5 homes sold per quarter — or an average of 1.2 Forest Cove homes sold each month.

During the 18 sales quarters ending in June 2008, the highest sales price per square foot was recorded during the 2nd quarter of 2008 — a high of $105.53 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 averages about 1 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, 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 neighborhood information for Forest Cove or for your neighborhood.