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Neighborhood Information

Total Homes	383
Median Size	1,813
Median Lot Size	6,468
Average Bedrooms	3.2
Average Bathrooms	2 – 0
Median Year Built	2002
Zip Code	77373
Key Map Grids	292

Northwood Pines is a recent construction neighborhood of over 380 homes located in a beautifully wooded area off Northgate Crossing Boulevard near Spring, Texas, north of FM 1960 and just east of the Hardy Toll Road. The subdivision, developed in 2000, is substantially built out and features Centex Home’s Fox & Jacobs designs. Northwood Pines is close to the surrounding neighborhoods of Villages of Northgate Crossing, the Park at Northgate Crossing, Fox Run, and Spring Trails. Commuting families will find easy access to both the Hardy Toll Road, Highway 45 North, and the Woodlands. Home resales for 2007 in Northwood Pines generally ranged from the high $60’s to the $130’s.

Northwood Pines is located in the Spring Independent School District. Residents are also located within the Northgate Crossing MUD #1, which provides water service and local constable patrols. Trash service is provided by Waste Management. Northwood Pines is a deed‑restricted community. Homeowners are members of the Northwood Pines Homeowners Association, which is professionally managed by SCS Management Services, Inc. A homeowners’ web site is in the planning stages; however, neighborhood documents are currently available through the manager. Neighborhood amenities include a wooded playground and park area with a small lake. Most homes are attractively landscaped and appear well‑kept. There are area houses of worship in many denominations. Northwood Pines is convenient to all shopping areas, commercial, and retail businesses in The Woodlands, Old Town Spring, and along the North Freeway corridor.

Northwood Pines Annual Sales Information

Year	2005	2006	2007
List Price (LP)	$124,247	$126,366	$115,213
Sales Price (SP)	$121,674	$125,250	$112,817
SP/LP Ratio	97.9%	99.1%	97.9%
Avg SP/SqFt	$63.94	$68.79	$58.64
Days On Market	87	88	55
Sold Per Month	2.42	3.08	2.50

Northwood Pines Quarterly Sales Price Per Square Foot

During the last 12 quarters ending December 2007, the median sales price per square foot decreased 5.2% from $53.10 in 1st quarter 2005 to $50.33 per square foot in 4th quarter 2007. The sales average for the three year period was 8.0 homes sold per quarter.

During the past three sales years, the highest median per square foot price was recorded during the 2nd quarter of 2005 — a high of $71.99 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. Northwood Pines subdivision 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 Northwood Pines, Spring, Texas 77373 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 Northwood Pines, or for your neighborhood.