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Stonefield Terrace

Posted: 20 December 2007 by Nadine Huval
Zip 77044

Neighborhood Information

 Total Homes  361
 Median Size  2,056
 Median Lot Size  7,476
 Average Bedrooms  3.4
 Average Bathrooms  2 – 0
 Median Year Built  2003
 Zip Code  77044
 Key Map Grids  456,457

Stonefield Terrace subdivision, located in northeast Houston, just west of East Beltway 8, off C.E. King Parkway and Tidwell Road, is situated in the North Channel area of Houston that has seen growing affordable residential development in the last 10 years. According to the North Channel Area Chamber of Commerce, the North Channel area has the shortest suburban commute to downtown Houston and sustained growth of more than 3% per year. Stonefield Terrace is bordered by neighboring subdivisions of Houmont Park, Stonefield Manor, Parkway Forest, Sierra Ranch, and Tidwell Lakes.

Stonefield Terrace was developed beginning in 2002, and currently has more than 350 completed homes. The subdivision offers recent construction homes from Houston builders Lennar and NuHomes, with average home sizes ranging from 1400 sf to over 2500 sf, and resale prices generally ranging from the $80’s to the $140’s.

Stonefield Terrace residents are zoned to Sheldon Independent School District. There are area houses of worship in many denominations. Local shopping, dining and entertainment areas are quickly developing along the East Beltway corridor south to Interstate 10.

Stonefield Terrace is a deed‑restricted community in the Stonefield Terrace Community Association, professionally managed by the Principal Management Group of Houston (PMG) from whom neighborhood documents can be obtained. Water service is provided by the Parkway Utility District. Trash service is provided by Republic Waste.

Stonefield Terrace Annual Sales Information

 Year 2004 2005 2006
 List Price (LP)  $133,536  $123,074  $136,375
 Sales Price (SP)  $131,191  $122,861  $134,438
 SP/LP Ratio  98.20%  99.80%  98.60%
 Avg SP/SqFt  $58.96  $58.18  $63.01
 Days On Market  55  68  79
 Sold Per Month  0.8  0.7  2.0

Stonefield Terrace Quarterly Sales Price Per Square Foot

Stonefield Terrace Houston Texas 77044 Quarterly Sales Dec 2007

MLS-recorded sales for Stonefield Terrace began in the 2nd quarter of 2004. During the last 11 quarters ending December 2006, the median sales price per square foot decreased 7.5% from $62.26 in 2nd quarter 2004 to $57.61 per square foot in 4th quarter 2006. The sales average for the three year period was 3.82 homes sold per quarter.

During the past three sales years, the highest median per square foot price was recorded during the 1st quarter of 2006 — a high of $65.99 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. Stonefield Terrace subdivision averages about 1 to 2 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

Neighborhood Market Snapshot Report

For additional information on Stonefield Terrace, 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 Stonefield Terrace or for your neighborhood.

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