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: Fosters Mill Village

Neighborhood Information

Total Homes	547
Median Size	3,272
Median Lot Size	12,955
Average Bedrooms	4.0
Average Bathrooms	2 – 1
Median Year Built	1982
Zip Code	77345
Key Map Grids	337

Fosters Mill Village is one of the original villages of Kingwood established in the early 70’s. Fosters Mill is located in the piney woods of Kingwood in NE Houston, along Kingwood Drive, a half mile east of West Lake Houston Parkway. The subdivision includes over 500 homes in its 5 residential sections. Homes were built between the late 70’s and the late 90’s. Resale home prices generally range from the high $180’s to the $900’s. Fosters Mill Village is bordered by the neighboring Kingwood Villages of Kings Crossing, Sand Creek, and Kings Point.

Well-kept homes and manicured lawns define the “Livable Forest” of Kingwood’s many villages. Fosters Mill 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.

Fosters Mill Village is a deed-restricted community, with active community and trail associations managed by Sterling Association Services, Inc. and Kingwood Association Management. Neighborhood documents are available at the Fosters Mill Village Community Association web site. Water service is provided by the City of Houston. Trash service is provided by Waste Management.

Fosters Mill Village residents are zoned to Humble Independent School District. Neighborhood amenities include a community swimming pool, sidewalks, green reserves and more than 74 miles of Kingwood area greenbelt trails. Kingwood’s East End Park and Nature Preserve, a local hiking experience, is only 5 minutes further east, where Kingwood Drive dead ends at Lake Houston. There are area houses of worship in many denominations. Shopping, dining, and entertainment are close at hand along Kingwood Drive, FM 1960, and the Highway 59 corridor.

Fosters Mill Annual Sales Information

Year	2004	2005	2006
List Price (LP)	$364,981	$310,254	$302,985
Sales Price (SP)	$350,429	$300,434	$292,928
SP/LP Ratio	96.00%	96.80%	96.70%
Avg SP/SqFt	$88.02	$82.48	$83.78
Days On Market	96	94	72
Sold Per Month	2.25	3.08	2.42

Fosters Mill Quarterly Sales Price Per Square Foot

During the last 12 quarters ending December 2006, the median sales price per square foot increased 5.6% from $73.42 in 1st quarter 2004 to $77.60 per square foot in 4th quarter 2006. The sales average for the three year period was 8 homes sold per quarter.

During the past three sales years, the highest median per square foot price was recorded during the 1st quarter of 2004 — a high of $97.81 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. Fosters Mill Village averages about 2 to 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 Fosters Mill Village, Kingwood, Texas, 77345 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 Fosters Mill Village or for your neighborhood.