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Neighborhood Information
Total Homes 838 Median Size 2,222 Median Lot Size 6,388 Average Bedrooms 3.7 Average Bathrooms 2.0 Median Year Built 2002 Zip Code 77346 Key Map Grids 377
Atasca Woods, established in the early 2000’s, is located in NE Houston, south of FM 1960, off West Lake Houston Parkway and Atascocita Road. The subdivision includes over 900 residential lots and Reserve areas in its 7 residential sections, and is substantially built out. Home builders include Perry, Lennar, Pulte, and Hartford. Resale homes sizes range from 1,200 to 3,700 SF, with recent sales in 2008 generally ranging from the $120’s to $170’s and a median sales price per square foot around $71.00. Atasca Woods is surrounded by neighboring subdivisions Atascocita South, Eagle Springs, and Walden on Lake Houston. Neighborhood access is enhanced by newly completed sections of Will Clayton Parkway which open the corridor east from Highway 59 all the way to West Lake Houston Parkway.
Atasca Woods is a picturesque neighborhood designed for family living. Many of the neighborhood streets are limited access ending in cul-de-sacs, creating private enclaves of homes. The homes are attractively landscaped and well-kept. Atasca Woods is a deed-restricted community with an active community association managed by Community Asset Management, Inc. (CAM). Neighborhood documents are available through the HOA manager and the Harris County Clerk’s office. A homeowners web site featuring current events, neighborhood contacts, and newsletters is available and under continued development. Water service is provided through Harris County MUD #152. Trash service is provided by Republic Waste.
Neighborhood amenities include a community swimming pool and recreation area with playground equipment, sidewalks, and annual community activities. Updates to the recreation area in 2008 include a new Splashpad opening in May. Two new shopping developments — The Colonnade at Lake Houston Parkway and Orleans Square — sit at the entrance to the subdivision at Aerobic Drive and West Lake Houston. Extended shopping, dining, and entertainment are close at hand along West Lake Houston Parkway, FM 1960, and Highway 59 corridor. There are area houses of worship in many denominations.
Atasca Woods residents are zoned to the Humble Independent School District. The subdivision is located directly across Will Clayton Parkway from Atascocita High School. The new 425,000 square foot facility opened in August of 2006 with approximately 2,200 students in grades 9-11.
Atasca Woods Annual Sales Information
Year 2004 2005 2006 2007 List Price (LP) $143,875 $161,687 $175,514 $165,239 Sales Price (SP) $138,177 $156,592 $171,470 $161,065 SP/LP Ratio 96.00% 96.85% 97.70% 97.50% Avg SP/SqFt $67.84 $64.10 $69.34 $66.57 Days On Market 65 61 73 81 Sold Per Month 4.08 3.58 6.00 4.90

During the last 16 quarters ending December 2007, the median sales price per square foot increased from $57.00 to $58.86 per square foot, a 3.3% increase, with an average of 13.9 closed sales per quarter.
During the past four sales years, the highest median per square foot price was recorded during the 3rd quarter of 2007 — a high of $72.23 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. Atasca Woods subdivision averages between 3 and 6 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 Atasca Woods, Humble, Texas, 77346 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 Atasca Woods 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.