SterlingResidential.com | Buying & Selling Residential Properties in Texas | Houses for Rent Houston Area | Humble Atascocita Kingwood & Spring Texas Realtors | Sterling Residential®, Realtors® | Real Estate Broker: Summerwood

Summerwood, a 1,500 acre master planned community by Newland Communities, offers new and resale homes from premier Houston builders, including David Weekley, DR Horton, Hallmark Design, J. Patrick, Lennar, Meritage, Morrison, Partners In Building, Perry, David Powers, Richmond American, Ryland, Trendmaker, and Village Builders. Located in NE Houston, just east of Beltway 8 along West Lake Houston Parkway, the community continues to develop toward its total capacity of 3200 homes. Home prices in Spring 2008 for new construction and resale range from the $130’s to $600,000+. According to Summerwood representatives, there are currently close to 2,000 occupied homes — however, local tax and MLS statistics reflected in the chart below have not kept pace with the true growth in Summerwood.

Neighborhood Information

Total Homes*	1,466+
Median Size*	2,874
Median Lot Size*	8,801
Average Bedrooms*	4.0
Average Bathrooms*	2 – 1
Median Year Built*	2004
Zip Code	77044
Key Map Grids	377, 417
*Stewart Title Data Estimate

Developing in over 25 residential and commercial sections, Summerwood sits near the southwestern shore of Lake Houston and is surrounded by the neighboring subdivisions of Lakeside Terrace and Summer Lake Ranch. Townhomes are now being built in the new Laurel Crossing section of Summerwood. Community home sizes range from townhomes of 1,400sf to estate-size homes over 5,000sf. Homes and lawns throughout the community are beautifully maintained. Green reserves reflect the attention given by planners to keep homeowners happy in such a large community. Limited-access streets and cul-de-sacs increase homeowner privacy.

Summerwood is a deed-restricted community, with an active community association managed by CIA Services, Inc. . Neighborhood documents are available at the associations’s web site for Summerwood Community Association. Also, as one of the larger planned communities in the Houston-area, Summerwood has an active community of residents, involved in multitudes of clubs and activities, all professionally organized by its own Activities Coordinator. A community website, www.summerwoodlife.com, and Summerwood Life printed newsletter, keeps the community residents informed. Residents are located within the highly-rated Humble Independent School District.

Located in the heart of Summerwood, Kingwood’s fifth fire station, Houston #105 opened in January 2008 and provides emergency services to the area with firefighters and paramedics.

Summerwood takes pride in accommodating the needs of today’s families. Neighborhood amenities include three community centers — Resident’s Club Central, a 6,500sf rec center offering clubhouse facilities, a fitness center, swimming pool and splash park; the Resident’s Club East, offering sand volleyball, picnic facilities, and a waterpark-styled swimming pool; and Club Summerwood, offering 4,200sf of indoor and outdoor space for resident gatherings, a new splash pad for swim season, and a landscaped Great Lawn & Performance Plaza for outdoor events. Hiking and biking trails, pocket parks & playgrounds, protected nature reserves, and community lakes reflect Summerwood’s nature theme. Summerwood’s Lakeview Park, at the southeastern edge of Lake Houston, offers residents additional walking trails, benches, and a waterfront view.

Summerwood is located a short drive away from Humble, Atascocita and Kingwood shopping, dining, and entertainment destinations found along FM 1960, and the Highway 59 corridor. With the new commercial development along the Beltway 8, Summerwood residents will enjoy convenient shopping only minutes away.

Summerwood Annual Sales Information

Year	2005	2006	2007
List Price (LP)	$232,348	$248,140	$251,922
Sales Price (SP)	$224,519	$237,548	$241,021
SP/LP Ratio	96.6%	95.7%	95.7%
Avg SP/SqFt	$77.77	$82.33	$81.24
Days On Market	109	103	87
Sold Per Month	12.83	16.42	18.25

Summerwood Quarterly Sales Price Per Square Foot

During the last 16 quarters ending December 2007, the median sales price per square foot increased 8.3% from $71.88 in 1st quarter 2004 to $77.85 per square foot in 4th quarter 2007. The sales average for the four year period was 44 homes sold per quarter.

During the past four sales years, the highest median per square foot price was recorded during the 3rd quarter of 2006 — a high of $82.73 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. Summerwood continues to grow adding hundreds of new single family homes during the last 4 years. That growth is reflected in annual sales counts, which grew 70% during the 4-year period.

Neighborhood Market Snapshot PDF Report

For additional information on Summerwood, Houston, Texas, 77044 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 Summerwood or for your neighborhood.