bus ness - keller williams realtyimages.kw.com/docs/0/5/3/053545/1271219404782_2010... · d2...

SUNDAY APRIL 11, 2010 BUSINESS

D

ENERGY | BANKING | REAL ESTATE | STOCKS | MARKETING | RETAIL | TECHNOLOGY | OIL | COMPUTING | MONEY

¬ ¬ ¬

/business

INSIDE Check out executive

promotions in Peoplein Business: PAGE D11

WHAT’S INSIDE

Price trends and moreAlmost 1,900 neighborhoods listed: PAGES D3-D7, D10. More stories: PAGES D8-D11.

LOCAL FOCUS

In your areaFor an up-close look at local trends, see your neighborhood news section in today’s Chronicle.

BY ZIP CODE

Detailed mapsSee maps highlighting changes in price per square foot by ZIP code and charts on price trends by school district. PAGE D12

ONLINE: On Monday, see searchable database of neighborhood prices and sales. chron.com

S P E C I A L R E A L E S T A T E R E P O R T

HOUSTON is still a relative bargain when it comes to home prices, and the region hasn’t suffered as much as many other areas of the United States

during the foreclosure crisis. But these Houstonians know that prices vary widely from neighborhood to neighborhood, and that selling a house might seem easy

in some areas and can be painfully slow in others. All of these residents of the Houston area have been seeking the right home for the right price. Some have been ahead of the game and are happy with what they’ve found. Others are still waiting and hoping for the economy to improve. STORIES ON PAGES D9-D11

PHOTOS By MAYRA BELTRAN, JULIO CORTEZ, JAMES NIELSEN AND MICHAEL PAULSEN : C H R O N I C L E ; GARY FOUNTAIN : F O R T H E C H R O N I C L E

They’re trying to win the home price game

Mini Timmaraju First-time homeowner

Ben & Lucy Jones Built their dream home

Rhonda Sauter Trying to close on a short sale

Roxana Sibrian Has two properties

Lance Roberts Has an offer for his residence

Kimberly & Steven Morris Waiting for the market to improve

Alex Barboza & Kristin Hotard Using a tax credit

Kevin Riles Realtor who sells foreclosures

Michael & Victoria Langlais Renting a home

Created on Adobe Document Server 2.0

59

290

45

1960

105

Two-digZIP code(15 is ZIP c

Three-dZIP code(546 is ZIP

How to r

356

316

378

303

357

318

304

372

306301

302

385

384

381

382

447

354

365

355

336375

377

389

339

380 386

345

362

MONTGOMERY COUNTY

42970

379373

73

388

901469

68

32

338346

LIBERTCOUN

ANDWNS

ear change inn price per

foot in 2009:

3% or more

less than 3%

wn less than 3%

wn 3% to 8%

wn more than 8%

ufficient data

Loren Steffy

Municipal bonds cast a shadow

IN the darkness, the next crisis grows.

The financial meltdown of 2008 was spawned in the shadowy world of mortgage securities and credit-default swaps. The next crisis may be hidden by the opacity of one of the world’s murkiest markets.

I’m talking about municipal bonds.

Muni bonds have all the makings of the next meltdown. It’s a big market — an estimated $2.8 trillion — with little regulation, scant scrutiny from rating agencies, and intense interest from Wall Street.

That lack of oversight means that in many cases, investors and taxpayers may not realize the consequences of public financing deals until it’s too late.

As state and local governments begin to deal with the consequences of the 2008 crisis, it may increase the chances that muni deals will unravel. The credit crisis, after all, resulted in a shifting of debt from the private market to the public one. Home loans begot credit defaults that begot a systemic crisis that, ultimately, resulted in trillions of dollars in new government debt and liabilities.

Because of the recession, home values across the country are falling, crimping property tax revenue. That presents a problem for city and county governments. Last week, the Los Angeles controller suggested the city might go broke in a month. In Houston, things aren’t that dire, but we’re facing measures such as higher water rates and decreased library hours to reduce a looming budget shortfall.

In Harris County, 30 percent of homes declined in value in this fiscal year, resulting in the first decline in the local tax base in at least two decades, according to the Harris County Appraisal District. The recession and rising unemployment curtailed consumer

Please see STEFFY, Page D11

D 2 H O U S T O N C H R O N I C L E ¬ ¬ ¬ Sunday, April 11, 2010

T H E W E L L

KBR has announced that its consulting subsidiary, Granherne, has been selected to take part in the front-end engineering design contract for the Greenfield sections of Hess Denmark ApS’ South Arne Phase 3 Development in the North Sea. The work involves two new wellhead platforms.

FMC Technologies will supply subsea and topside systems for Shell’s Perdido Stage II Regional Development Project in the Gulf of Mexico.

The scope of supply includes five subsea production trees and three subsea water injection trees.

FMC will also manufacture and provide subsea and topside controls, manifold and tie-in equipment, and other systems and services.

Deliveries will begin in the third quarter.

FMC has supported Shell’s Perdido project since 2007.

FMC Technologies has been awarded a contract with Total Exploration and Production UK to manufacture and supply subsea production equipment to support the Laggan-Tormore field. The deal is valued at about $210 million.

The field is located in water depths of 1,950 feet west of the Shetland Islands in the North Sea.

The work includes nine subsea trees, eight wellheads and two six-slot manifolds.

FMC will also provide 12 multiphase meters, 10 subsea control modules and associated control systems.

Deliveries are scheduled to begin in the first quarter of 2011.

Anadarko Petroleum Corp. announced results of the Wahoo No. 1 drillstem test in the pre-salt Wahoo field on block BM-C-30 in the deepwater Campos Basin offshore Brazil.

The test well flowed at a sustained rate of approximately 7,500 barrels of oil and 4 million cubic feet per day of associated natural gas. The rate was limited by equipment and facilities.

The company believes the well will be capable of producing at a rate of more than 15,000 barrels of oil per day.

The field is estimated to contain more than 300 million barrels of oil.

Once the work is complete on a second drillstem test, Anadarko plans to mobilize the drillship to the Wahoo South exploration well.

Anadarko, holds a 30 percent working interest and is the operator of BM-C-30.

Partners are Devon Energy Corp., 25 percent; IBV Brasil Petroleo Limitada, 25 percent; and SK Energy Co., 20 percent.

D A T A P I P E L I N E

C A L E N D A R

Free seminar hosted by Anita Bowman-McCormick, financial adviser. 6-7:30 p.m., Central Library, 500 McKinney. Reservations: 281-537-2517.

Association of Certified Fraud Examiners, Houston Chapter: Luncheon meeting: 11:30 a.m.-1:30 p.m., Sheraton Brookhollow Houston, 3000 N. Loop West. Speaker: Kim Barkhausen, Special Agent, FBI. Topic: Investigating mortgage fraud. Cost: $30-$40. Pay in advance at www.cfehouston.org. Information: 281-754-4749.

National Association of Women in Construction: Houston Chapter meeting. 5:30 p.m., Briar Club, 2603 Timmons. Cost: $35. Reservations: 713-921-2500. Information: www.nawic-houston.com.

American Business Women’s Association Galleria Chapter: Meeting. 11:30 a.m., Maggiano’s. Information: www.abwa-galleria.org.

Association for Corporate

Growth Houston Chapter: Monthly meeting. 11:30 a.m.-1:15 p.m., The Briar Club, 2603 Timmons. Subject: Perspectives from portfolio companies. Panelists Include: Robert Brown, CFO, Rawson LP; Cary Grossman, CFO, Blaze Metals; Jim Harris, CFO, Forum Oilfield Technologies, Inc.; Barry Stewart, CFO, Ingrain. Information: Dale Wilkins, 713-839-0808. Online: www.acg.org/houston/

Wednesday

Worldwide Employee Benefits Network: Meeting. 11:30 a.m., DoubleTree Guest Suites, 5353 Westheimer. Topic: The Nudge: Leveraging Behavioral Economics to Create an Effective Benefits Communication Strategy. Cost: $30-$45. Information: Nancy Gilbert, [email protected] or 713-308-2717.

Self-Publishing Made Easy Workshop: Hosted by Penworth Marketing. 2-3 p.m., Humble Chamber Offices, 110 W. Main, Humble. Cost: Free. Information: www.penworth.com/workshops.

Economic Forecast Luncheon: Hosted by O’Connor & Associates. 11:30 a.m.-1 p.m., Courtyard on St. James, 1885 St. James Place. Speakers: Barton Smith, University of Houston Institute for Regional Forecasting Center for Public Policy, and Bill Gillmer, Federal Reserve Bank of Dallas. Cost: $45-$50. Reservations: [email protected].

Houston Inventors Association: Meeting. 7-9 p.m., Bayland Park Community Center Building, 6400 Bissonnet. Speaker: Mike Gillespie. Topic: Product design, graphics and invention development. Cost: $5. Information: Otto Glaser or www.inventors.org.

American Business Women’s Association LORREN (Ladies of Richmond Rosenberg Express Network): Luncheon meeting. 11:30 a.m.-1 p.m., Pecan Grove Country Club, 3000 Plantation Drive. Speaker: Dr. Teresa Cody. Topic: New treatment for Down syndrome. Cost: $20-$25. Information: Lenore Smith at 713-824-9389 or [email protected]. Online: www.abwalorren.org.

Service Cooperative Association Houston CrossRoads Business Building Breakfast: 7:15-8:30 a.m., Lakeside Country Club, 100 Wilcrest. Cost: $22. Information: 713-932-7495, ext. 48. Online: www.servicesca.org/crossroads.htm.

Microsoft Outlook 2007: 9 a.m.-1 p.m., UH SBDC, 2302 Fannin, Suite 200. Cost: $39. Registration: www.sbdc.uh.edu.

Peachtree 2010: 9 a.m.-4 p.m., UH SBDC, 2302 Fannin, Suite 200. Cost: $149. Registration: www.sbdc.uh.edu.

Thursday

Starting Your Business: 9 a.m.-4 p.m., UH SBDC, 2302 Fannin, Suite 200. Cost: $25. Registration: www.sbdc.uh.edu.

Understanding the Complexities of Joint Ventures, Teaming Agreements and the SBA Mentor Protégé Program: 9 a.m.-noon, UH SBDC, 2302 Fannin, Suite 200. Cost: $19. Registration: www.sbdc.uh.edu.

Rotary Club of Houston: 11:30 a.m., Junior League of Houston, 1811 Briar Oaks. Speaker: S. Craig Young, NAPE (North American Prospect Expo) chairman. Cost: $25-$30. Reservations: Geraldine Mullins, 713-973-9936, or www.rotaryhouston.org.

Bay Area Commercial Real Estate Network: Monthly luncheon meeting. 10:30 a.m.-1 p.m., Lakewood Yacht Club, 2425 NASA Road 1, Seabrook. Speaker: Welcome Wilson Sr., chairman, UH Board of Regents, & GSL, LLC. Topic: Economic impact of UH as a Tier 1 university Information: www.bacren.com. Contact: Jerry Wilkins, 281-488-3383.

Houston Production Managers Association: Meeting. 11:30 a.m.-1 p.m., Maggiano’s, 2019 Post Oak. Topic: Greater Houston Economic Forecast for 2010. Speaker: Patrick Jankowski, Greater Houston Partnership. Information: Jeff Wright, 832-655-3989. Online: www.hpma.com.

Friday

Friday Morning Networking: 7-8:30 a.m., Rosemont Conference, 6450 Kings Parkway, Humble. Information: www.FridayMorningNetworking.com.

A Thousand Words: Six short plays about how photographs affect marriage, family, relationships and identity; preserve the magnificence of nature; and catalog the horrors of war. Produced by Scriptwriters/Houston, 7:30 p.m., Fridays and Saturdays, April 16-17 and 23-24, at the Museum of Printing History’s theater, 1324 W. Clay. Tickets:

$12. Reservations by e-mail: [email protected].

ISCEBS (International Society of Certified Employee Benefits Specialists): Meeting. 11:30 a.m.-1:30 p.m., Four Oaks Place, 1330 Post Oak Blvd. Program: Medical insurance CEO roundtable discussion. Cost: $30-$50. Information: www.houstoniscebs.org.

Saturday

Great Bellaire Paper Shred: Free community shredding event sponsored by Community National Bank and the Bellaire Police Department. 9 a.m.-noon, Community National Bank, 5123 Bellaire Blvd. at South Rice.

All Earth Ecobot Challenge: 8 a.m.–5 p.m., Reliant Center. The EcoBot Challenge is an opportunity for students in grades five-eight to develop critical problem-solving skills in real-world situations that will help prepare them for 21st-century jobs. More than 350 teams are registered. Teams must integrate math, physics and computer skills from the classroom to design and build robots that perform real-world environmental tasks. Volunteers needed. Information: www.ecobotchallenge.com.

Resumes That Sell You and Competitive Job-Hunting Techniques: Class hosted by Leisure Learning Unlimited. 1:30-4 p.m. 2990 Richmond, sixth floor. Cost: $36. Information: www.llu.com or 713-529-4414.

The Chronicle lists business events on a space-available basis. Send a description of the event, date, time, address, cost and phone number to: Katherine Feser, Business Calendar Editor, [email protected], two weeks before publication.

Tuesday

Marketing Using Web Tools: Workshop series hosted by SCORE. Three workshops will be held on successive Tuesdays, 6:30–8:30 p.m., Palm Center, 5330 Griggs Road. April 13: E-mail Marketing. April 20: Social Media Marketing, and April 27: Web Design and Enhancements. Cost: $15 each or $30 for all three. Information: www.scorehouston.org.

After Hours Network: Meeting 6-8 p.m., Little Napoli, 6445 Westheimer. Speaker: Steve Davis, host of Lifestyles Unlimited real estate talk show. Cost: $15. Information: Jon King, 713 981-9595, or www.afterhoursnetwork.com.

Greater Houston Builders Association-Remodelers Council Luncheon: 11:30 a.m.-1 p.m., H.E.S.S. Club, 5430 Westheimer. Speaker: Warren Clark, regional marketing manager for BMC Select Building Materials. Topic: The basics of marketing. Cost: $30-$40.

Business DepartmentHouston Chronicle, P.O. Box 4260Houston, TX 77120713-362-7585fax 713-362-7273

Business editorLaura [email protected]

Assistant Business EditorDon [email protected]

For questions about subscriptions or delivery, call 713-362-7211

W H E R E T O F I N D U S

BUSINESS

Information: [email protected] or call 281-970-8970 ext. 171.

IREM LEED and Energy Stars Luncheon: 11:30 a.m.-1 p.m., Wortham Center, 500 Texas Ave. Cost: $65-$75. Speakers: Mayor Annise Parker and Michael Skelly, Clean Line Energy Partners. Information: 713-783-9225 or www.iremhouston.org.

American Petroleum Institute Houston Chapter: Meeting. 11:30 a.m., Petroleum Club, 800 Bell. Speaker: Terry Edwards, well control technical adviser, Boots & Coots. Cost: $30-$35. Information: 281-209-8800.

American Business Women of America WOVEN (Women of Vision Express Network) Chapter: Meeting. 11:30 a.m.-1 p.m,. Kingwood Country Club, 1700 Lake Kingwood Trail. Speaker: Sheri Parrack, CEO of Texas Motor Transportation Consultants. Cost: $20-$25. Reservations: [email protected].

IRA Conversion Opportunities for 2010:

600

1,000

1,400

1,800

2,2000

30

60

90

120

150

MARKETPLACE

Light, sweet crudeDollars per barrel:

2009 2010

2009

2009

Natural gasDollars per million British thermal units:

STANDARD & POOR’S ENERGY STOCK INDEXESOil and gas exploration and production companies

Oil and gas equipment index

Source: Bloomberg

2009

2009

2010

2010

JUN

JUN

JUL

JUL

AUG

AUG

SEP

SEP

OCT

OCT

NOV

NOV

DEC

DEC

JAN

JAN

FEB

FEB

MAR

MAR

MAY

MAY

$

0

3

6

9

12

15$

0

200

400

600

800

0

200

400

600

800

Active rigsU.S. total:

RIG COUNT

J J A AS O N D J FM M

J J J FA AS O N DM M

J J A AO N D J FSM M

1,476

$84.92

$4.070

493.33

452.20

2010

2010

Rigs drilling 4/9 4/1 Year ago

Texas 628 623 394Alaska 10 9 9California 30 29 19Colorado 51 52 50Louisiana 220 218 136New Mexico 50 46 34Oklahoma 116 119 102Wyoming 37 37 37U.S. total 1,476 1,465 1,005Canada 126 151 83Source: Baker Hughes

U.S. Gas 978 966 810U.S. Horizontal 783 770 437

Source: Smith International

Rigs under contractU.S. Gulf 77 78 71Source: ODS-Petrodata

Year 4/9 4/1 ago

Merc light cr $84.92 $84.87 $52.24

Spot sour cr $82.72 $82.47 $51.24

Source: Bloomberg

Year 4/9 4/1 agoMerc $4.070 $4.086 $3.610Henry Hub $3.90 $3.72 $3.59

Source: Bloomberg

Sign guestbooks and offer your condolences at chron.com/obits.

Sunday, April 11, 2010 ¬ ¬ ¬ H O U S T O N C H R O N I C L E D 3

2008 2009 Avg. Pct. Homes Typical median median annual Pct. fore- in price price price Pct. pct. Sales new clos- sub- range per per change ch. Loca- in ’08- ures divi- Subdivision School district ($1,000s) sq. ft. sq.ft. ’08-’09 ’04-’09 tion 2009 ’09 ’08-’09 sion

Aberdeen Green Cy-Fair $109-$165 $63.74 $62.57 -1.8% -1.2% OB 30 0% 24% 614 Aberdeen Trails Cy-Fair $158-$228 $71.72 $65.54 -8.6% -0.6% OB 20 0% 13% 395 Afton Oaks Houston $379-$1,838 $263.65 $233.49 -11.4% 4.0% IL 20 17% 4% 447 Afton Village Spring Branch $287-$469 $184.35 $176.93 -4.0% 7.3% IB 12 0% 0% 268 Albury Trails Estates Klein $190-$265 $78.80 $84.41 7.1% OB 5 92% 0% NAAldine Village Aldine $31-$95 $28.91 $25.98 -10.1% -14.3% IB 8 0% 80% 162 Alexander Landing Pearland $140-$185 $75.34 $74.06 -1.7% 0.1% OB 7 0% 15% 170 Aliana Fort Bend $226-$376 $85.08 $86.69 1.9% OB 28 100% 0% NAAllenbrook Goose Creek $83-$122 $70.43 $61.13 -13.2% -0.7% OB 15 0% 15% 254 Almeda Manor Houston $38-$85 $36.34 $39.69 9.2% -6.7% IB 6 0% 58% 315 Almeda Plaza Houston $31-$52 $24.22 $25.57 5.6% -14.1% IB 11 0% 79% 519 Alta Loma Outlots Santa Fe $73-$215 $80.01 $79.83 -0.2% 0.8% OB 39 1% 15% 1,726 Alta Loma Townsite Santa Fe $73-$128 $78.84 $73.74 -6.5% 1.8% OB 10 10% 30% 305 Altamira Alief $85-$146 $50.50 $35.31 -30.1% -7.5% OB 7 0% 53% 299 Amburn Oaks La Marque $100-$149 $60.18 $64.50 7.2% OB 14 28% 56% 240 Amhurst Cy-Fair $52-$113 $59.87 $63.11 5.4% 0.6% OB 7 0% 35% 211 Anderson Woods Cy-Fair $137-$214 $73.65 $66.72 -9.4% -0.6% OB 12 0% 16% 213 Andover Farms Fort Bend $86-$145 $58.00 $55.30 -4.7% OB 36 14% 70% 481 Angell-Runge Addn Santa Fe $56-$195 $102.10 $58.02 -43.2% -4.2% OB 10 0% 24% NAA.Alea Kspark/Whitehall A Friendswood $77-$126 $84.92 $73.53 -13.4% OB 8 0% 29% 169 A.Alea Kspark/Whitehall B Friendswood $79-$124 $76.31 $77.54 1.6% OB 16 0% 11% 384 Antoine Forest Estates Aldine $80-$150 $46.59 $39.80 -14.6% -7.2% IB 6 18% 64% 109 April Sound Montgomery $123-$386 $85.11 $85.70 0.7% 3.0% OB 85 16% 7% 1,700 April Village Houston $123-$178 $73.58 $71.50 -2.8% -1.3% OB 8 0% 19% 252 Arbor Place Conroe $100-$128 $54.26 $49.14 -9.4% OB 5 0% 75% 136 Arbor Trails Aldine $68-$145 $77.03 $51.08 -33.7% OB 9 94% 41% 71 Area B-C-D-E-G-H-J-K-L Etc. Brazosport $42-$156 $70.51 $54.35 -22.9% 1.6% OB 27 0% 29% 1,580 Arlington Heights Pasadena $65-$123 $55.99 $57.25 2.3% 1.4% IB 19 0% 41% 463 Artesian Forest Conroe $87-$141 $65.76 $63.99 -2.7% OB 6 0% 7% 115 Artesian Oaks Conroe $97-$126 $66.43 $62.37 -6.1% -1.1% OB 17 4% 11% 226 Ashcreek Klein $74-$130 $51.05 $47.94 -6.1% -4.4% OB 12 0% 50% 327 Ashford Cove at Silverlake Pearland $166-$211 $78.88 $80.76 2.4% 0.4% OB 8 0% 0% 109 Ashford Forest HISD,Sp.Branch $155-$333 $91.20 $103.83 13.8% 5.8% OB 16 0% 8% 607 Ashford Gardens Alief $87-$122 $78.44 $64.15 -18.2% OB 16 25% 67% 189 Ashford Hollow Houston $171-$252 $91.65 $88.24 -3.7% 2.4% OB 9 0% 0% 225 Ashford Park Alief $71-$147 $54.25 $59.36 9.4% -1.5% OB 45 0% 29% 804 Ashford Place Klein $100-$160 $77.17 $67.62 -12.4% OB 17 68% 20% 169 Ashford South Houston $141-$183 $87.70 $95.51 8.9% 4.7% OB 9 0% 8% 395 Ashford Village Houston $159-$230 $82.83 $90.05 8.7% 1.8% OB 12 0% 9% 360 Ashford West Houston $125-$182 $81.91 $87.72 7.1% 1.1% OB 21 0% 7% 347 Ashley Pointe Clear Creek $228-$325 $75.73 $68.08 -10.1% OB 14 76% 8% 263 Ashton Park Pearland $168-$201 $72.94 $69.63 -4.5% 2.0% OB 9 0% 7% 135 Ashton Village Alief $124-$190 $54.29 $61.00 12.4% 0.3% OB 6 7% 33% 285 Assumption Heights Houston $70-$160 $62.03 $44.20 -28.7% -9.8% IB 5 0% 33% 160 Atasca Woods Humble $122-$193 $65.70 $66.86 1.8% 2.5% OB 48 0% 18% 907 Atascocita Forest Humble $76-$151 $55.13 $57.10 3.6% -1.2% OB 81 12% 31% 1,679 Atascocita Meadows Humble $91-$125 $50.04 $52.65 5.2% -3.4% OB 13 0% 56% 190 Atascocita North Humble $52-$117 $53.17 $43.05 -19.0% -4.7% OB 34 0% 40% 748 Atascocita Park Humble $109-$134 $65.79 $66.52 1.1% 1.6% OB 7 0% 6% 136 Atascocita Shores Humble $160-$477 $78.53 $87.57 11.5% 5.1% OB 18 3% 10% 384 Atascocita South Humble $87-$146 $59.97 $57.86 -3.5% 0.7% OB 69 0% 23% 1,485 Atascocita Timbers Humble $108-$152 $61.26 $59.57 -2.8% -0.3% OB 10 0% 20% 238 Atascocita Trace Humble $64-$108 $52.15 $44.67 -14.3% OB 20 13% 74% 207 Atascocita Trails Humble $67-$152 $58.17 $57.68 -0.8% -0.8% OB 33 0% 23% 772 Atascocita West Humble $65-$122 $51.34 $65.69 28.0% 3.5% OB 12 0% 48% 274 Auburn Lakes Pines Klein $193-$242 $74.28 $76.34 2.8% OB 15 71% 0% 128 Auburn Lakes Reserve Klein $215-$283 $78.61 $84.41 7.4% OB 8 79% 0% 97 Audubon Park Humble $45-$102 $47.90 $36.33 -24.2% -8.5% OB 21 0% 61% 820 Audubon Woods Sub Brazosport $145-$197 $97.14 $90.44 -6.9% OB 8 7% 7% 247 Augusta Pines Klein $225-$710 $112.19 $95.87 -14.5% OB 37 56% 18% 300 Austinville Cy-Fair $72-$125 $77.01 $68.69 -10.8% OB 13 79% 18% 143 Autumn Creek Clear Creek $238-$377 $85.37 $90.94 6.5% 1.7% OB 19 7% 2% 485 Autumn Glen Houston $106-$147 $52.87 $61.16 15.7% IB 9 46% 33% 267 Autumn Lake Pearland $150-$205 $74.03 $78.20 5.6% 2.3% OB 18 5% 32% 415 Autumn Lakes Clear Creek $217-$281 $84.02 $78.77 -6.2% OB 15 80% 4% 149 Autumn Ridge Fort Bend $158-$227 $75.52 $79.58 5.4% 3.5% OB 8 0% 0% 121 Autumn Run Cy-Fair $59-$118 $55.67 $52.14 -6.3% -2.9% OB 41 0% 44% 712 Avalon at Seven Meadows Katy $388-$841 $153.29 $146.05 -4.7% OB 30 38% 4% 275 Avalon Gardens of Avalon Fort Bend $405-$609 $149.84 $131.22 -12.4% 2.6% OB 9 0% 0% 89 Avalon Place Houston $770-$1,700 $315.07 $287.77 -8.7% 4.6% IL 15 11% 0% 231 Avalon Terrace (Brazoria) Pearland $167-$215 $77.53 $85.82 10.7% OB 13 86% 9% 119 Avalon Villages of Avalon Fort Bend $304-$468 $112.64 $105.70 -6.2% 0.8% OB 9 0% 0% 120 Ayrshire Houston $332-$1,025 $201.12 $204.87 1.9% 8.6% IL 23 25% 2% 656 Bacliff Villas Dickinson $52-$90 $55.91 $45.71 -18.2% OB 7 0% 41% 219 Baker W R Nsbb Houston $183-$427 $195.87 $183.92 -6.1% 9.3% IL 7 6% 6% 198 Bammel Forest Spring $80-$239 $58.00 $55.30 -4.7% -1.4% OB 11 0% 22% 276 Banbury Cross Pearland $129-$166 $75.89 $68.53 -9.7% -1.1% OB 13 0% 14% NABar X Ranch Col.-Braz. $189-$274 $93.30 $95.35 2.2% OB 5 8% 0% 225 Barclay Place (Harris) North Forest $13-$73 $31.91 $14.00 -56.1% IB 5 0% 70% 281 Barker Lake Cy-Fair $145-$225 $64.83 $63.99 -1.3% -2.0% OB 16 9% 36% 305 Barker Village Cy-Fair $110-$158 $66.42 $57.66 -13.2% OB 8 21% 64% 134 Barkers Branch Katy $94-$166 $62.01 $48.20 -22.3% IB 20 44% 40% 463 Barkers Crossing Katy $107-$133 $53.83 $52.43 -2.6% OB 39 93% 3% 227 Barkers Landing Katy $236-$451 $98.69 $96.52 -2.2% 2.0% OB 15 3% 0% 362 Barkers Ridge Katy $115-$185 $61.92 $59.18 -4.4% -0.1% OB 31 0% 11% 761 Barkley Circle Houston $190-$268 $131.35 $115.36 -12.2% IB 5 0% 0% 151 Barrington Place Fort Bend $110-$164 $71.71 $73.54 2.6% 0.9% OB 19 0% 17% 1,074 Barwood Cy-Fair $94-$145 $63.29 $50.00 -21.0% -4.3% OB 7 0% 32% 506 Bay Colony (Harris) La Porte $35-$132 $52.59 $26.13 -50.3% -16.5% OB 10 0% 31% 132 Bay Colony Meadows West Dickinson $155-$185 $76.44 $73.08 -4.4% OB 10 62% 10% 132 Bay Colony Northpointe Dickinson $142-$172 $67.97 $63.93 -5.9% OB 8 78% 12% 113 Bay Colony Parkside Dickinson $100-$148 $81.94 $83.87 2.4% 2.2% OB 9 0% 22% 149 Bay Colony Pointe Dickinson $128-$160 $76.28 $80.96 6.1% 5.3% OB 47 13% 11% 662 Bay Colony Pointe West Dickinson $128-$162 $78.44 $77.98 -0.6% OB 23 33% 13% 199 Bay Forest Clear Creek $239-$366 $99.76 $95.66 -4.1% 2.2% OB 32 0% 4% 836 Bay Front To La Porte La Porte $33-$145 $73.21 $38.19 -47.8% -8.9% OB 13 0% 42% 494 Bay Glen Clear Creek $147-$180 $81.60 $82.22 0.8% 2.4% OB 63 0% 4% 1,389 Bay Knoll Clear Creek $163-$212 $74.87 $76.64 2.4% 0.7% OB 29 0% 13% 669 Bay Oaks (Clear Lake City) Clear Creek $326-$901 $120.65 $122.22 1.3% 2.5% OB 40 0% 1% 1,141 Bay Pointe Clear Creek $170-$205 $88.40 $87.16 -1.4% 1.8% OB 26 0% 2% 561 Bay Ridge Clear Creek $78-$122 $72.51 $69.88 -3.6% -0.9% OB 16 0% 31% 426 Baybrook Clear Creek $68-$158 $66.67 $65.20 -2.2% -0.3% OB 20 0% 24% 261 Bayou Chantilly Dickinson $90-$170 $58.01 $45.08 -22.3% OB 5 0% 40% 170


Bayou Lakes Dickinson $176-$233 $61.44 $68.03 10.7% OB 17 85% 11% 100 Bayou Place Alief $48-$120 $42.46 $36.38 -14.3% -9.1% OB 9 0% 64% 261 Bayside Landing Texas City $147-$184 $89.77 $84.08 -6.3% OB 5 57% 14% 91 Baywood Oaks Village Deer Park $168-$228 $69.39 $85.36 23.0% 3.6% OB 10 0% 7% 241 Baywood Oaks West Pasadena $160-$225 $80.15 $68.63 -14.4% -0.7% OB 15 0% 18% 372 Baywood Shadows Deer Park $158-$188 $89.23 $81.43 -8.7% 1.7% OB 11 0% 5% 330 Bear Creek Glen Cy-Fair $80-$103 $56.44 $53.55 -5.1% OB 5 0% 87% 92 Bear Creek Meadows Cy-Fair $75-$114 $51.91 $50.16 -3.4% OB 78 0% 82% 1,065 Bear Creek Plantation Cy-Fair $107-$150 $56.67 $56.76 0.2% -0.7% OB 30 0% 24% 560 Bear Creek Village Katy $70-$138 $57.51 $59.68 3.8% -0.1% OB 62 0% 21% 2,040 Beckford Place Alief $60-$103 $43.21 $47.17 9.2% -3.7% OB 14 0% 36% 447 Beckford West Alief $38-$67 $35.51 $31.92 -10.1% -10.8% OB 6 0% 64% 300 Bedford Falls Houston $234-$304 $130.19 $125.45 -3.6% IB 14 0% 0% 217 Beechnut Park Alief $38-$88 $42.18 $39.48 -6.4% -7.3% OB 10 0% 78% 182 Belfort Park Houston $25-$85 $30.11 $27.57 -8.4% IB 24 0% 61% 1,241 Bella Sera Klein $116-$148 $71.03 $73.15 3.0% OB 5 69% 12% 170 Bellaire Houston $343-$1,280 $201.01 $198.43 -1.3% 4.6% IB 17 28% 0% 615 Bellaire Oaks Houston $336-$1,306 $214.34 $193.48 -9.7% 4.1% IB 9 30% 4% 266 Bellaire West Alief $51-$107 $57.04 $41.01 -28.1% -7.6% OB 44 1% 44% 1,407 Bellavita at Green Tee Clear Creek $163-$226 $98.25 $103.76 5.6% 4.7% OB 29 59% 0% 504 Belle Court Houston $509-$1,175 $245.32 $275.82 12.4% 4.9% IL 11 14% 10% 179 Benders Landing Conroe $281-$629 $119.54 $114.25 -4.4% OB 21 33% 23% 502 Benders Landing Estates Conroe $414-$707 $130.00 $116.25 -10.6% OB 21 74% 19% 214 Bennett Estates Pasadena $40-$95 $66.84 $60.12 -10.1% -0.7% IB 16 0% 36% 694 Bentwater Montgomery $190-$758 $104.17 $91.66 -12.0% -4.0% OB 96 22% 24% 1,648 Bentwood (Montgomery) New Caney $171-$585 $93.30 $71.99 -22.8% OB 12 0% 12% 179 Bentwood at Bay Colony Dickinson $133-$167 $72.27 $80.83 11.8% OB 9 13% 47% 148 Berkshire Cy-Fair $155-$290 $67.37 $73.31 8.8% 2.2% OB 37 14% 19% 651 Berkshire Village Deer Park $63-$104 $61.29 $60.75 -0.9% -1.0% IB 10 0% 32% 477 Beverly Hills Pasadena $53-$113 $71.70 $70.57 -1.6% 0.3% IB 28 0% 35% 954 Binglewood Spring Branch $91-$152 $80.41 $72.14 -10.3% -0.6% IB 19 0% 18% 713 Birnam Wood Spring $48-$97 $48.44 $40.61 -16.2% -7.9% OB 63 1% 49% 1,498 Blackhorse Ranch Cy-Fair $311-$530 $88.99 $89.34 0.4% 1.7% OB 6 11% 11% 166 Blackhorse Ranch South Cy-Fair $172-$317 $85.70 $81.85 -4.5% OB 31 39% 5% 536 Blakely Bend Fort Bend $253-$334 $92.99 $88.12 -5.2% 3.1% OB 8 0% 0% 152 Bliss Meadows Pasadena $98-$115 $70.86 $61.39 -13.4% -2.4% OB 5 0% 17% 182 Blue Creek Klein $84-$129 $50.67 $41.45 -18.2% IB 16 3% 69% 573 Blueridge Houston $20-$80 $37.32 $24.26 -35.0% IB 12 8% 54% 691 Bonaire Cy-Fair $67-$111 $61.61 $56.18 -8.8% -1.7% OB 39 1% 29% 1,173 Bonbrook Plantation North Lamar Cons. $144-$200 $71.84 $65.91 -8.3% OB 11 79% 16% 111 Bonbrook Plantation South Lamar Cons. $153-$216 $63.72 $72.29 13.4% OB 35 83% 9% 230 Bradbury Forest Spring $144-$203 $65.78 $65.10 -1.0% OB 20 51% 18% 253 Bradford Colony Cy-Fair $71-$130 $60.40 $62.15 2.9% 0.6% OB 7 0% 29% 279 Bradford on The Bend Lamar Cons. $202-$303 $104.84 $91.59 -12.6% OB 6 47% 5% 115 Bradford Park Fort Bend $116-$149 $61.86 $66.09 6.8% OB 41 77% 14% 285 Braeburn CC Estates Houston $745-$2,019 $266.61 $226.80 -14.9% 2.7% IB 11 19% 0% 446 Braeburn Glen Houston $52-$105 $41.62 $34.15 -17.9% -11.8% IB 13 0% 50% 393 Braeburn Terrace Houston $67-$178 $91.09 $79.39 -12.8% -2.0% IB 12 0% 12% 475 Braeburn Valley Houston $106-$220 $68.35 $74.02 8.3% 0.9% IB 26 0% 14% 629 Braeburn Valley West Houston $70-$127 $46.61 $54.73 17.4% -2.3% IB 28 0% 42% 1,074 Braes Heights Houston $379-$1,068 $214.26 $221.74 3.5% 8.4% IL 38 19% 2% 900 Braes Terrace Houston $256-$730 $163.52 $180.52 10.4% 6.4% IL 11 17% 3% 250 Braeswood Houston $433-$1,240 $203.85 $195.29 -4.2% 5.7% IL 8 5% 5% 337 Braewood Glen Alief $55-$117 $41.49 $44.49 7.2% -5.5% OB 25 0% 46% 920 Brays Forest Alief $45-$99 $38.51 $39.25 1.9% -9.4% OB 21 0% 59% 444 Brays Village Alief $53-$110 $44.29 $43.12 -2.6% -5.6% OB 18 0% 56% 985 Brays Village East Alief $59-$106 $44.61 $39.31 -11.9% -7.7% OB 10 0% 47% 616 Brazos Gardens Lamar Cons. $120-$141 $49.14 $57.74 17.5% OB 5 0% 50% 92 Brazos Valley Lamar Cons. $100-$228 $73.18 $70.21 -4.1% OB 10 0% 16% 241 Brazos Village Lamar Cons. $88-$119 $81.68 $70.53 -13.7% OB 14 0% 48% 175 Breckenridge Forest Spring $97-$161 $61.19 $59.39 -2.9% OB 47 35% 44% 570 Brentwood Houston $31-$101 $26.81 $27.66 3.2% -15.6% IB 10 0% 53% 621 Brenwood Cy-Fair $72-$130 $54.28 $56.59 4.3% -2.3% OB 46 0% 57% 943 Brenwood Park Cy-Fair $66-$120 $61.65 $50.46 -18.2% OB 10 19% 50% 165 Brenwood Trails Cy-Fair $95-$145 $72.46 $58.70 -19.0% OB 12 67% 33% 140 Brenwood Village Cy-Fair $76-$90 $52.44 $52.14 -0.6% OB 8 0% 95% 152 Briar Glen Dickinson $61-$120 $61.90 $75.92 22.6% 3.4% OB 10 0% 33% 254 Briar Grove Conroe $112-$163 $78.77 $77.28 -1.9% OB 12 79% 21% 130 Briar Lake Houston $156-$228 $82.07 $85.47 4.1% 0.9% OB 10 0% 5% 210 Briar Villa Fort Bend $35-$79 $39.81 $38.72 -2.7% -10.9% OB 8 0% 80% 476 Briar Villa South Fort Bend $51-$118 $40.02 $34.70 -13.3% -11.5% OB 6 0% 64% 311 Briar Village Houston $120-$185 $79.23 $74.93 -5.4% 1.4% OB 14 0% 10% 568 Briarchase Spring $113-$170 $53.72 $44.09 -17.9% -6.8% OB 8 0% 31% 171 Briarcreek of Baytown Goose Creek $78-$125 $80.22 $64.95 -19.0% OB 11 6% 0% 166 Briarcreek-Aldine Aldine $55-$92 $58.48 $44.64 -23.7% -6.9% IB 14 0% 61% 423 Briarcroft Houston $303-$1,403 $202.61 $231.38 14.2% IB 14 19% 8% 276 Briargate Fort Bend $44-$95 $38.39 $35.40 -7.8% -8.1% OB 43 0% 71% 2,421 Briargrove Houston $409-$1,234 $252.38 $226.55 -10.2% 4.1% IB 70 10% 2% 891 Briargrove Park Houston $275-$530 $157.95 $151.56 -4.0% 3.7% IB 67 3% 6% 1,351 Briarhills Houston $155-$250 $89.44 $81.66 -8.7% 0.2% OB 24 0% 9% 644 Briarmeadow (Harris) Houston $215-$375 $122.76 $129.79 5.7% 3.9% IB 35 0% 10% 683 Bridge Harbor Brazosport $205-$346 $137.43 $129.66 -5.7% OB 5 0% 0% 90 Bridgegate Pasadena $113-$137 $61.05 $62.81 2.9% 1.6% IB 10 4% 24% 609 Bridgestone Klein $75-$129 $62.15 $61.56 -0.9% -0.2% OB 58 0% 26% 1,607 Bridgestone Lakes Klein $135-$192 $64.45 $67.14 4.2% OB 24 70% 12% 247 Bridgestone West Klein $90-$131 $67.93 $72.34 6.5% 0.8% OB 21 0% 15% 497 Bridgewater Fort Bend $276-$383 $112.44 $104.97 -6.6% 4.5% OB 13 0% 0% 280 Bridgewater Meadow Katy $87-$144 $52.72 $47.10 -10.7% OB 24 31% 44% 272 Bridgewater Place Katy $115-$149 $69.45 $54.59 -21.4% OB 6 50% 25% 109 Bridgewater Pointe Katy $83-$124 $55.25 $51.27 -7.2% -3.6% OB 7 0% 39% 215 Bridgewater Village Katy $71-$103 $48.17 $48.56 0.8% -4.9% OB 9 0% 62% 154 Bridlewood Estates Lamar Cons. $233-$522 $73.82 $97.16 31.6% 4.4% OB 16 11% 37% 318 Brittany Bay Clear Creek $127-$160 $66.39 $67.50 1.7% 0.9% OB 14 0% 13% 203 Brittany Lakes Clear Creek $164-$235 $77.87 $75.31 -3.3% 1.1% OB 69 18% 7% 1,269 Broad Oaks (Harris) Houston $746-$1,437 $252.54 $195.78 -22.5% IB 8 7% 0% 73 Broadmoor Houston $44-$148 $74.52 $50.35 -32.4% -7.4% IL 7 8% 15% 345 Brook Forest (Harris) Clear Creek $169-$258 $80.74 $79.34 -1.7% 2.8% OB 43 0% 2% 938 Brooke Smith Houston $76-$247 $113.45 $136.72 20.5% 6.9% IL 21 4% 22% 784 Brookfield Alief $47-$111 $47.50 $52.70 10.9% -1.8% OB 12 0% 46% 519 Brookglen La Porte $73-$143 $66.70 $72.45 8.6% 3.5% OB 36 0% 18% 646 Brookhollow Crossing Cy-Fair $114-$141 $67.96 $62.50 -8.0% OB 12 0% 33% 200 Brookwood (Harris) Clear Creek $243-$320 $87.74 $89.28 1.8% 2.2% OB 39 0% 0% 904 Brunswick Lakes Houston $87-$151 $61.89 $67.05 8.3% IB 50 45% 41% 504 Brunswick Meadows Houston $102-$156 $67.10 $74.69 11.3% IB 26 53% 26% 771 Buffalo Springs Montgomery $224-$255 $104.38 $97.84 -6.3% OB 6 73% 0% NABurke Meadow Pasadena $71-$117 $62.14 $85.01 36.8% 3.1% IB 9 0% 32% 376 Cabot Cove Pearland $178-$235 $70.57 $70.37 -0.3% OB 20 21% 21% 176 Caddo Village Willis $74-$98 $56.74 $56.55 -0.3% OB 39 14% 66% 389 Cambridge Cove at Silverlake Pearland $217-$320 $69.18 $83.98 21.4% 0.4% OB 9 0% 21% 100 Cambridge Falls Fort Bend $138-$184 $72.62 $78.11 7.6% OB 36 93% 6% 144 Cambridge Lake Pearland $146-$184 $87.19 $84.17 -3.5% OB 16 80% 3% 84 Camden Park Houston, Spring $52-$105 $48.99 $44.53 -9.1% -6.7% OB 30 0% 54% 1,165 Camino South Clear Creek $102-$139 $74.93 $80.12 6.9% 2.0% OB 26 2% 13% 870 Campbell Woods Spring Branch $98-$147 $77.64 $85.97 10.7% 2.0% IB 12 0% 13% 475 Campeche Cove Galveston $143-$330 $94.22 $86.67 -8.0% OB 5 0% 9% 156 Candlelight Estates Houston $203-$379 $142.01 $150.29 5.8% 10.5% IB 10 0% 4% 311 Candlelight Forest Aldine $52-$113 $48.12 $37.04 -23.0% -8.0% IB 5 0% 50% 160 Candlelight Forest West Aldine $99-$152 $50.36 $45.06 -10.5% -3.9% IB 6 0% 27% 151 Candlelight Hills Klein $112-$293 $60.49 $52.01 -14.0% OB 12 0% 27% 473 Candlelight Oaks Houston $116-$196 $65.59 $56.32 -14.1% -1.3% IB 8 0% 17% 281 Candlelight Oaks Village Houston $103-$157 $83.10 $83.06 0.0% 1.6% IB 7 0% 10% 182 Candlelight Park Estates Klein $135-$163 $71.33 $73.99 3.7% 0.1% OB 10 0% 7% 157 Candlelight Plaza Houston $211-$330 $116.54 $123.81 6.2% 6.8% IB 7 0% 5% 307 Canterbury Forest Tomball $112-$149 $66.53 $64.73 -2.7% 1.5% OB 6 0% 18% 176 Canterbury Park Pearland $152-$186 $68.24 $70.65 3.5% OB 11 69% 15% 135 Cnyn Gate at Legends Ranch Conroe $131-$244 $76.73 $74.59 -2.8% OB 59 47% 13% 879 Cnyn Gate at Northpointe Tomball $135-$212 $64.28 $67.25 4.6% 1.0% OB 50 0% 22% 1,090 Cnyn Gate at Park Lakes Humble $165-$279 $68.94 $74.40 7.9% OB 35 85% 12% 250 Cnyn Gate at The Brazos Lamar Cons. $147-$228 $65.23 $68.95 5.7% 1.4% OB 53 2% 26% 847 Cnyn Gate at Westheimer Lks Lamar Cons. $212-$306 $75.39 $77.07 2.2% OB 24 85% 6% 205 Cnyn Gate Cinco Ranch Katy $136-$262 $73.96 $68.78 -7.0% OB 36 0% 12% 721 Cnyn Lakes at Lgnds Ranch Conroe $184-$279 $68.04 $69.15 1.6% OB 48 48% 14% 400 Cnyn Lakes at Stonegate Cy-Fair $129-$236 $69.65 $67.36 -3.3% 2.1% OB 105 36% 27% 1,904 Cnyn Lakes at The Brazos Lamar Cons. $167-$285 $70.00 $68.91 -1.6% OB 13 25% 26% 170 Cnyn Lakes at Wsthmr Lakes Lamar Cons. $156-$203 $70.67 $76.85 8.7% OB 45 84% 3% 163 Cnyn Lakes Village Cy-Fair $115-$154 $63.87 $57.40 -10.1% -3.0% OB 19 0% 23% 498 Cnyn Lakes West Cy-Fair $117-$252 $76.47 $67.93 -11.2% OB 28 88% 7% 146 Cnyn Springs at Wsthmr Lks Lamar Cons. $131-$224 $72.35 $73.46 1.5% OB 29 58% 22% 200 Cnyn Vill. at Cypress Springs Cy-Fair $90-$155 $55.89 $52.44 -6.2% OB 58 35% 37% 717 Cnyn Vill. at Park Lakes Humble $114-$195 $70.07 $66.68 -4.8% OB 52 46% 28% 610 C.nyn Vill. at Wsthmr Lakes Lamar Cons. $127-$164 $79.74 $72.26 -9.4% OB 10 63% 16% 121 Cape Conroe Montgomery $110-$190 $76.40 $79.52 4.1% 3.1% OB 28 3% 7% 697 Carmel Village Friendswood $149-$192 $78.41 $79.66 1.6% OB 10 0% 7% 123 Carriage Hills Conroe $157-$323 $98.59 $97.32 -1.3% 4.2% OB 12 0% 0% 611 Castle Rock Katy $111-$151 $58.80 $60.42 2.8% OB 26 27% 38% 408 Castlewood Aldine $68-$128 $68.03 $45.33 -33.4% -7.2% IB 7 8% 25% 203 Catalina Square Alief $56-$107 $45.29 $36.94 -18.4% -9.1% OB 8 0% 60% 419 Catalina Village Alief $57-$91 $44.51 $57.32 28.8% -2.5% OB 6 8% 46% 281 Cedar Landing Clear Creek $147-$200 $74.06 $72.72 -1.8% 1.5% OB 15 0% 14% 366 Cedar Oaks Houston $310-$1,216 $198.40 $190.08 -4.2% IL 5 31% 8% 76 Cedarwood Spring Branch $294-$1,096 $184.61 $203.89 10.4% IB 13 27% 0% 208 Centennial Village Pearland $115-$148 $65.33 $65.46 0.2% OB 6 0% 27% 85 Centerfield Dickinson $129-$157 $71.98 $70.88 -1.5% OB 5 0% 18% 117 Centerfield Lks in Bay Colony Dickinson $135-$166 $62.97 $63.49 0.8% 0.1% OB 5 0% 15% 179 Centerpointe Clear Creek $196-$261 $71.79 $74.14 3.3% 1.4% OB 25 54% 8% 331 Central Park Houston $34-$88 $53.76 $31.81 -40.8% -11.8% IL 7 0% 53% 1,206 Champion Forest (Harris) Klein $158-$482 $80.34 $75.13 -6.5% 0.5% OB 69 1% 19% 1,661 Champion Springs Klein $149-$180 $68.04 $68.07 0.0% 0.5% OB 15 0% 8% 259 Champion Springs Village Klein $148-$182 $78.75 $81.04 2.9% OB 5 0% 0% 75 Champion Wds at Col. Creek Klein $125-$146 $63.71 $65.04 2.1% 1.2% OB 5 0% 8% 143 Champion Woods Estates Klein $279-$615 $120.76 $111.97 -7.3% OB 11 96% 0% 77 Champions Centre Estates Cy-Fair $242-$379 $82.13 $85.20 3.7% -1.1% OB 7 0% 33% 99 Champions Creek Cy-Fair $143-$179 $79.95 $76.58 -4.2% 2.1% OB 15 4% 0% 252 Champions Crossing Klein $123-$172 $74.79 $78.02 4.3% OB 39 77% 19% 245 Champions East U/R Cy-Fair $136-$186 $57.58 $66.90 16.2% -1.9% OB 9 0% 21% 224 Champions Park Cy-Fair $141-$301 $62.02 $63.31 2.1% -1.2% OB 22 0% 15% 407

NEIGHBORHOOD PRICE TRENDS

How to read this listEvert Crawford of Crawford Realty

Advisors analyzed home sales data for nearly 1,900 subdivisions in an annual study commissioned by the Houston Chronicle.

Crawford works with the University of Houston Institute for Regional Forecasting.

The analysis is based on sales of homes handled through the Houston Association of Realtors’ Multiple Listing Service. The list includes neighborhoods with five or more home sales in each of the past two years.

In the past two years alone, this study included more than 108,000 transactions. The data primarily reflects used-home sales, although 18 percent of the sales in 2009 were new homes.

Note that changes in the median price per square foot may not necessarily reflect a trend for houses in the neighborhood if the area has a wide range of home prices or there is limited sales data.

In larger communities with homes that are similar and have plenty of sales, the price changes are more likely to indicate a pattern. The median price is the midpoint, where half the homes were sold for a higher price and half for a lesser price.

In subdivisions where there are very few sales or high variability in prices, the change may not be as meaningful. Examples of factors that could cause wide price swings include neighborhoods where:

Some houses lie along golf courses or lakes and others don’t.

Houses are of different ages, with both new construction and older houses.

There is teardown activity.Lots are different sizes.New houses may not be part of the data

set.

THE COLUMN HEADINGS:Subdivision: Name of the neighborhood.School district: Determined using records

from county appraisal districts and real estate agents.

Typical price range: The price range that most homes in a subdivision sold for in 2008 and 2009, adjusted to eliminate the very highest-priced and lowest-priced sales.

Median price per square foot: Of houses that sold in a particular year, the midpoint of sales, meaning half the homes sold for a higher price and half sold for less.

% change 2008-2009: The percentage change in the median price per square foot from 2008 to 2009.

Avg. annual % change 2004-2009: The average annual percentage change in the median price per square foot over each of the past five years.

LocationIL: Inside Loop 610.IB: Inside Beltway 8 and outside Loop 610.OB: Outside Beltway 8.2009 sales: The number of homes sales

that were part of MLS, or Multiple Listing Service, records. The figure does not reflect transactions between individuals or builders who do not use real estate agents.

% new homes: Of the houses that sold during 2008 and 2009, the percentage of houses that were identified as new construction by real estate agents.

% foreclosures: Of the houses that sold during 2008 and 2009, the percentage of houses that were identified as foreclosures by real estate agents.

Total homes: The estimated number of homes in a subdivision based on the latest available information from county appraisal districts. In neighborhoods where houses are being built, the number may be undercounted because of a lag in record-keeping. HOME PRICE SURVEY, continues on Page D4



Champions Place Cy-Fair $144-$213 $72.27 $69.32 -4.1% -1.2% OB 9 0% 6% 203 Champions Point Village Klein $83-$140 $55.94 $53.59 -4.2% -3.1% OB 9 0% 46% 433 Champions Racquet Club Cy-Fair $208-$385 $80.44 $81.49 1.3% 0.2% OB 7 0% 8% 172 Champions South Cy-Fair $191-$523 $101.55 $93.63 -7.8% -1.1% OB 7 0% 0% 177 Champions West Cy-Fair $120-$199 $54.77 $70.20 28.2% 0.9% OB 9 0% 13% 243 Channelwood Chview,Gal.Pk $42-$94 $58.90 $54.17 -8.0% -4.1% OB 15 0% 38% 602 Chaparral Village Goose Creek $74-$121 $61.34 $60.63 -1.2% -0.2% OB 18 0% 20% 486 Charlestown Colony Cy-Fair $67-$152 $55.27 $57.14 3.4% -1.4% OB 13 0% 17% 257 Charterwood Klein $66-$155 $64.14 $60.80 -5.2% 0.3% OB 40 0% 34% 919 Chase Park Dickinson $109-$140 $74.03 $71.97 -2.8% 1.2% OB 32 1% 35% 445 Chateau Forest Aldine, Cy-Fair $40-$86 $44.71 $57.91 29.5% -1.5% IB 14 0% 46% 521 Chatwood Place North Forest $20-$60 $28.11 $25.37 -9.7% -15.8% IB 12 0% 64% 916 Chelsea at Mission Bend Fort Bend $98-$136 $55.18 $56.49 2.4% -1.5% OB 7 0% 35% NAChelsea Harbour Fort Bend $245-$385 $91.77 $87.87 -4.2% 2.5% OB 7 46% 10% 352 Chelsea Manor Texas City $15-$43 $10.67 $13.54 26.9% OB 6 0% 82% 128 Cherryhurst Houston $377-$488 $236.70 $255.76 8.1% IL 5 0% 0% 130 Chevy Chase (Brazoria) Angleton $44-$102 $63.32 $62.75 -0.9% 3.9% OB 5 0% 40% 358 Chevy Chase (Harris) Houston $438-$988 $257.63 $255.10 -1.0% IL 5 7% 0% 169 Cheyenne Dickinson $86-$130 $79.65 $83.86 5.3% 3.0% OB 12 0% 20% 277 Chimney Hill Cy-Fair $52-$107 $56.85 $49.48 -13.0% -5.7% OB 26 0% 42% 1,223 Chimneystone Fort Bend $119-$144 $105.18 $106.30 1.1% 3.7% OB 19 0% 6% 564 Cimarron Katy $89-$140 $65.98 $63.85 -3.2% 0.6% OB 66 0% 21% 1,500 Cimarron Country Magnolia $170-$297 $100.90 $91.46 -9.4% -1.1% OB 13 5% 10% 266 Cinco at Willow Fork Katy $234-$484 $96.67 $103.42 7.0% OB 11 0% 0% 194 Cinco Ranch Cinco Forest Katy $329-$579 $104.82 $105.42 0.6% OB 24 0% 4% 418 Cinco Ranch Equestrian Vill. Katy $167-$205 $80.22 $85.45 6.5% 3.0% OB 5 0% 5% 149 Cinco Ranch Equestrian Vill. Katy $160-$203 $81.50 $80.16 -1.6% 3.2% OB 22 0% 11% 344 Cinco Ranch FM 1093 Tract Katy $118-$152 $70.36 $69.89 -0.7% -0.5% OB 7 0% 17% 102 Cinco Ranch Fountain View Katy $165-$210 $83.33 $81.88 -1.7% 2.3% OB 6 0% 6% 138 Cinco Ranch Greenway Vill. Katy $208-$305 $84.89 $84.60 -0.3% 3.6% OB 56 0% 1% 1,346 Cinco Ranch Inst. Core Katy $190-$259 $82.67 $84.45 2.2% 2.1% OB 10 0% 0% 122 C. Ranch Meadow Pl. (Harris) Katy $180-$249 $74.09 $80.91 9.2% 3.9% OB 18 0% 3% 473 C. Ranch Meadow Pl. (FtBnd) Katy $148-$234 $76.64 $74.49 -2.8% 2.4% OB 17 0% 5% 259 C. Ranch N. Lake Vill.(Harris) Katy $235-$415 $94.89 $99.95 5.3% 5.2% OB 33 0% 0% 321 C. Ranch N. Lake Vill. (FtBnd) Katy $240-$412 $89.98 $93.66 4.1% 4.7% OB 17 0% 0% 600 C. Ranch S. Lake Vil. Katy $216-$484 $96.44 $97.48 1.1% 3.2% OB 20 0% 0% 483 Cinco Ranch Southpark Katy $140-$194 $79.37 $80.90 1.9% 3.9% OB 26 0% 4% 379 Cinco Ranch Southwest Katy $214-$459 $93.29 $95.85 2.7% OB 357 94% 0% 875 Cinco Ranch West Katy $176-$441 $91.05 $91.80 0.8% 4.4% OB 197 10% 3% 2,970 Cinco West, Seven Meadows Katy $170-$289 $88.27 $87.85 -0.5% OB 47 24% 5% 703 City Park Houston $71-$132 $62.11 $53.64 -13.6% IB 31 14% 60% 429 City Park West Houston $131-$178 $76.54 $76.79 0.3% IB 31 89% 7% 258 Clairmont TxCity,LMar $30-$86 $43.75 $48.57 11.0% OB 13 0% 39% 197 Clairmont Place North Forest $20-$91 $24.74 $37.42 51.3% IB 5 7% 73% 563 Claremont Park Clear Creek $162-$215 $75.45 $77.21 2.3% 1.8% OB 28 0% 4% 483 Clayton (Harris) Alief $55-$95 $43.95 $41.51 -5.6% -7.6% OB 19 0% 66% 506 Clayton Greens Alief $95-$128 $50.62 $48.85 -3.5% OB 9 0% 50% 176 Claytons Corner Humble $88-$128 $54.42 $51.40 -5.5% -3.2% OB 17 11% 41% 413 Claytons Park Humble $112-$138 $52.88 $52.37 -1.0% OB 29 91% 1% 171 Clear Brook Crossing Clear Creek $116-$155 $65.84 $63.75 -3.2% 0.3% OB 16 0% 32% 342 Clear Brook Landing Clear Creek $138-$155 $73.05 $77.39 5.9% OB 5 0% 27% 192 Clear Brook Meadows Pasadena $155-$210 $67.87 $76.72 13.0% OB 14 0% 28% 435 Clear Creek Forest Magnolia $137-$250 $95.77 $96.45 0.7% 3.6% OB 43 32% 7% 909 Clear Creek Heights Clear Creek $52-$108 $47.74 $72.06 50.9% 2.9% OB 7 0% 25% 250 Clear Creek Village Clear Creek $138-$233 $78.68 $74.91 -4.8% 2.8% OB 13 10% 0% 277 Clear Lake City Clear Creek $101-$158 $69.55 $65.04 -6.5% -0.2% OB 36 0% 17% 1,133 Clear Lake City Core D Clear Creek $93-$137 $73.18 $79.18 8.2% OB 12 0% 17% 351 Clear Lake Forest Clear Creek $140-$240 $72.14 $72.62 0.7% 1.7% OB 22 0% 5% 798 Clear Lake Shores Clear Creek $102-$436 $134.45 $141.51 5.3% OB 13 3% 13% 451 Clear Water Cove Montgomery $117-$246 $83.49 $88.77 6.3% OB 7 15% 8% 85 Clearwood Crossing Pasadena $115-$156 $61.32 $57.72 -5.9% IB 21 38% 38% 629 Clifton By The Sea Dickinson $30-$134 $39.46 $53.82 36.4% OB 13 0% 25% 657 Clinton Park Houston $15-$39 $21.71 $21.64 -0.3% IB 12 0% 50% 536 Clover Leaf Galena Park $32-$105 $45.50 $42.16 -7.3% -5.4% IB 14 0% 32% 1,002 Clovercreek Magnolia $102-$161 $60.19 $60.28 0.1% -0.3% OB 13 0% 28% 143 Cloverland Houston $18-$81 $20.59 $31.53 53.1% -8.4% IB 8 0% 60% 460 Cobblestone Pearland $118-$158 $65.51 $70.75 8.0% -0.3% OB 11 0% 22% 159 Cold River Ranch Alvin $53-$93 $49.94 $46.52 -6.8% OB 19 0% 92% 212 Cole Creek Manor Cy-Fair $63-$116 $62.55 $62.62 0.1% -3.2% IB 7 0% 53% 399 Coles Crossing Cy-Fair $175-$364 $87.36 $85.05 -2.6% 2.0% OB 135 5% 5% 2,589 Coles Village Cy-Fair $218-$287 $93.86 $85.79 -8.6% OB 9 78% 0% 76 College Court Place Houston $290-$815 $234.67 $217.23 -7.4% 6.3% IL 14 15% 3% 524 College Park (Harris) La Porte $80-$567 $64.29 $66.83 4.0% 2.0% OB 12 0% 16% 546 College Park Estates Brazosport $155-$207 $94.03 $95.86 1.9% OB 8 8% 15% 242 College Place Clear Creek $147-$180 $75.51 $85.41 13.1% OB 7 41% 18% 287 Collegeview (Harris) Houston $485-$1,178 $269.21 $241.39 -10.3% 4.3% IL 27 21% 2% 711 Colonial Terrace Houston $486-$1,063 $241.78 $235.21 -2.7% 4.3% IL 35 19% 3% 555 Colony Bend Fort Bend $169-$230 $85.36 $86.17 0.9% 4.7% OB 24 0% 8% 876 Colony Creek Village Klein $99-$171 $65.63 $63.91 -2.6% 0.7% OB 36 0% 19% 946 Colony Lake Estates Fort Bend $194-$310 $79.95 $77.33 -3.3% OB 9 12% 6% 317 Colony Lakes Fort Bend $152-$292 $82.46 $75.10 -8.9% 0.9% OB 17 0% 11% 531 Colony Meadows Fort Bend $249-$327 $100.46 $96.87 -3.6% OB 8 0% 0% 238 Colony Trails Alvin $40-$58 $25.51 $27.49 7.8% OB 5 0% 100% NAColumbia Lakes Col.-Braz. $119-$212 $75.07 $73.64 -1.9% OB 16 0% 6% 627 Commons of Lake Houston Huffman $233-$428 $103.31 $101.56 -1.7% 1.7% OB 19 19% 11% 621 Commonwealth Park Fort Bend $296-$371 $90.44 $93.02 2.9% 5.9% OB 5 0% 10% 218 Concord Bridge Cy-Fair $78-$151 $61.42 $64.49 5.0% 0.2% OB 38 0% 24% 1,400 Concord Bridge North Cy-Fair $145-$169 $63.39 $56.74 -10.5% -0.5% OB 7 0% 8% 259 Concord Colony Cy-Fair $94-$135 $61.33 $62.85 2.5% 0.9% OB 9 0% 11% 304 Contemporary Plaza Houston $192-$223 $96.08 $91.50 -4.8% IB 12 0% 0% 216 Cook & Stewart La Marque $20-$90 $65.57 $24.99 -61.9% OB 8 7% 13% 433 Copper Creek Aldine $37-$118 $42.89 $38.04 -11.3% -9.9% OB 14 0% 56% 328 Copper Grove Cy-Fair $119-$207 $63.45 $67.53 6.4% 1.6% OB 17 0% 14% 558 Copper Lakes Cy-Fair $162-$397 $83.05 $85.19 2.6% 3.6% OB 65 37% 10% 1,252 Copper Village Cy-Fair $151-$226 $72.21 $70.18 -2.8% 0.8% OB 33 0% 4% 643 Copperbrook Cy-Fair $109-$152 $56.99 $60.89 6.8% -2.7% OB 8 0% 19% 293 Copperfield Middlegate Vill. Cy-Fair $105-$155 $62.99 $62.47 -0.8% 0.4% OB 36 0% 14% 791 Copperfield Northmead Vill. Cy-Fair $86-$130 $70.14 $66.76 -4.8% 0.5% OB 37 0% 12% 955 Copperfield Place Village Cy-Fair $151-$207 $62.21 $65.22 4.8% -0.1% OB 10 0% 9% 263 Copperfield Southcreek Vill. Cy-Fair $118-$176 $67.83 $68.89 1.6% 0.8% OB 72 0% 5% 1,377 Copperfield Southdown Vill. Cy-Fair $148-$240 $67.80 $67.14 -1.0% 0.5% OB 38 0% 8% 954 Copperfield Southpoint Cy-Fair $115-$149 $65.80 $70.44 7.1% 1.9% OB 9 0% 13% 196 Copperfield Westcreek Vill. Cy-Fair $136-$199 $68.18 $66.35 -2.7% 0.8% OB 39 1% 7% 941 Corinthian Point Willis $104-$211 $78.15 $68.04 -12.9% OB 14 7% 4% 258 Corinthian Pointe Houston $92-$122 $68.54 $65.77 -4.0% IB 9 0% 40% 461 Cornerstone Place Katy $149-$197 $71.87 $66.59 -7.3% 1.0% OB 6 0% 0% 198 Corrigan Pearland $93-$138 $76.90 $79.96 4.0% 3.5% OB 8 0% 8% 414 Cottage Grove Houston $160-$331 $132.82 $134.91 1.6% 4.2% IL 39 61% 3% 807 Cottonwood Lamar Cons. $102-$155 $57.90 $53.48 -7.6% OB 20 53% 19% 170 Country Briar Pasadena $96-$139 $82.51 $87.70 6.3% 3.8% OB 16 0% 13% 473 Country Club Greens Klein $138-$239 $64.73 $65.85 1.7% OB 12 44% 72% 96 Country Club Manor (Harris) Goose Creek $119-$150 $62.92 $74.26 18.0% OB 8 43% 25% 209 Country Club Oaks Goose Creek $75-$187 $58.76 $56.65 -3.6% -3.0% OB 24 0% 19% 654 Country Colony (A535) New Caney $63-$104 $58.86 $51.95 -11.7% -2.8% OB 9 0% 41% 212 Country Lake Estates Klein $165-$275 $75.46 $70.65 -6.4% OB 18 20% 7% 380 Country Lakes Katy $260-$502 $90.84 $93.17 2.6% OB 17 3% 3% 222 Country Lks at Grayson Lks Katy $270-$530 $92.98 $100.30 7.9% OB 10 40% 0% 292 Country Meadows (Harris) Tomball $129-$160 $70.52 $74.71 5.9% 2.0% OB 5 0% 9% 114 Country Village (Harris) Houston $136-$282 $85.29 $92.15 8.0% 1.6% OB 23 0% 15% 476 Countryplace Pearland $115-$178 $86.28 $81.18 -5.9% 0.2% OB 20 0% 5% 674 Countryside Clear Creek $102-$176 $76.39 $81.16 6.2% 3.1% OB 63 0% 14% 1,437 Courtyard Homes Alief, Cy-Fair $47-$121 $68.90 $52.05 -24.5% -4.4% IB 15 0% 25% 581 Coventry Klein $128-$171 $68.84 $61.52 -10.6% 0.7% OB 15 3% 14% 316 Covington Bridge Klein $107-$142 $60.00 $69.88 16.5% 1.3% OB 14 0% 22% 208 Covington West Fort Bend $92-$144 $84.30 $78.58 -6.8% 2.0% OB 6 0% 17% 156 Covington Woods Fort Bend $94-$145 $75.15 $75.43 0.4% 2.4% OB 22 0% 10% 926 Coward Creek Friendswood $212-$630 $84.91 $113.80 34.0% OB 7 0% 20% 168 Cranbrook Spring $59-$120 $48.35 $40.28 -16.7% -6.8% OB 25 0% 57% 659 Creek Bend Estates Katy $115-$185 $58.01 $57.87 -0.2% 0.4% OB 35 0% 19% 456 Creekmont (Harris) La Porte $105-$138 $75.80 $75.08 -0.9% 2.4% OB 13 0% 0% 476 Creekshire Fort Bend $142-$171 $94.31 $86.80 -8.0% 3.5% OB 11 0% 0% 235 Creekside (Brazoria) Pearland $159-$190 $91.60 $82.44 -10.0% OB 11 0% 6% 195 Creekside (Harris) Cy-Fair $75-$101 $56.77 $49.52 -12.8% OB 7 0% 82% 77 Creekside at Cross Ck. Ranch Katy $221-$302 $79.70 $91.65 15.0% OB 54 100% 0% NACreekside at West Ranch Friendswood $340-$431 $97.83 $94.33 -3.6% OB 16 100% 0% 74 Creekside Place Klein $134-$158 $67.48 $59.17 -12.3% OB 7 10% 38% 189 Creekside Village Conroe $79-$105 $60.27 $59.13 -1.9% OB 23 2% 79% 542 Creekstone Katy $100-$165 $66.00 $66.23 0.3% 1.8% OB 22 0% 11% 662 Creekstone at Silverlake Pearland $203-$289 $79.01 $79.28 0.3% 1.3% OB 6 0% 0% 88 Creekstone Vlg at Riverstone Fort Bend $245-$311 $96.67 $99.47 2.9% OB 45 97% 0% 277 Crescent Lakes Fort Bend $332-$395 $106.85 $103.12 -3.5% 3.2% OB 15 0% 5% 226 Crescent Oak Vlg at Lk Olym Fort Bend $161-$244 $70.09 $65.70 -6.3% -1.5% OB 9 0% 29% 268 Crescent Park Village Alief $104-$143 $60.75 $50.22 -17.3% OB 7 0% 64% 642 Crest Haven Estates Deer Park $63-$118 $68.68 $66.06 -3.8% 1.4% OB 5 0% 30% 180 Crestmont Houston $16-$75 $19.34 $21.51 11.2% IB 10 0% 40% 411 Crestmont Park Houston $24-$78 $24.53 $26.03 6.1% -12.4% IB 11 4% 57% 1,220 Crestwater Alief $224-$308 $89.11 $86.23 -3.2% 1.5% OB 8 0% 8% 139 Crighton Ridge Conroe $299-$471 $100.98 $99.34 -1.6% 3.0% OB 11 0% 11% 291 Crighton Woods Conroe $327-$455 $99.02 $92.30 -6.8% OB 15 54% 11% 124 Crockett Park Goose Creek $135-$165 $77.00 $62.25 -19.2% OB 9 78% 11% 99 Crockett Trace Conroe $38-$77 $35.86 $30.30 -15.5% OB 7 0% 14% NACross Creek Cy-Fair $90-$133 $51.94 $61.79 19.0% -0.5% OB 13 7% 48% 251 Crossing at Stone Creek Cy-Fair $88-$123 $64.08 $54.69 -14.7% -6.9% OB 21 3% 58% 418 Crossing Cove at Riverstone Fort Bend $338-$431 $110.90 $99.54 -10.2% OB 6 0% 8% 172 Crossroads Park Cy-Fair $139-$194 $77.16 $75.46 -2.2% 2.3% OB 12 0% 6% 317 Crown Oaks Montgomery $276-$414 $111.35 $98.81 -11.3% OB 31 39% 9% 452 Crystal Lake Pearland $193-$286 $80.44 $85.48 6.3% OB 9 0% 0% 137 Cumberland New Caney $82-$129 $63.74 $64.34 0.9% 1.3% OB 18 0% 32% 314 Cunningham Terrace Houston $346-$986 $235.50 $236.50 0.4% IL 6 25% 0% 59 Cutten Green Klein $86-$160 $51.03 $56.13 10.0% -0.3% OB 30 0% 28% 627 Cypress Chase Cy-Fair $121-$169 $55.85 $43.73 -21.7% OB 7 64% 23% 104 Cypress Creek Forest Cy-Fair $145-$183 $80.09 $87.72 9.5% OB 12 100% 0% NACypress Creek Lakes Cy-Fair $224-$449 $78.46 $80.56 2.7% OB 72 82% 3% 634 Cypress Falls Cy-Fair $101-$146 $58.16 $59.03 1.5% 0.5% OB 16 9% 47% 297 Cypress Landing East Cy-Fair $130-$235 $71.67 $72.02 0.5% OB 18 100% 0% NACypress Meadows Cy-Fair $53-$101 $52.83 $49.72 -5.9% -5.1% OB 50 0% 58% 1,425 Cypress Mill Cy-Fair $103-$151 $60.26 $66.38 10.2% 0.8% OB 14 0% 17% 405 Cypress Mill Estates Cy-Fair $158-$212 $71.63 $67.35 -6.0% -0.2% OB 14 0% 4% 357 Cypress Mill Park Cy-Fair $120-$156 $68.62 $71.96 4.9% 2.4% OB 36 0% 25% 752 Cypress Point Cy-Fair $102-$155 $56.78 $59.06 4.0% -0.2% OB 32 0% 17% 843 Cypress Point Lake Estates Cy-Fair $128-$218 $44.97 $54.16 20.4% -5.2% OB 14 0% 63% 356 Cypress Ridge Cy-Fair $91-$143 $51.28 $50.88 -0.8% OB 20 4% 45% 481 Cypress Springs Cy-Fair $68-$117 $48.11 $40.97 -14.8% -8.8% OB 56 8% 67% 677 Cypress Terrace Aldine $77-$96 $50.04 $59.45 18.8% OB 8 11% 94% 258 Cypress Trace Klein $142-$191 $74.95 $72.24 -3.6% OB 12 68% 16% 58 Cypress Trails of Timberlane Spring $39-$76 $54.41 $45.96 -15.5% -8.9% OB 15 0% 69% 504 Cypress Village Pearland $140-$184 $68.86 $68.37 -0.7% 0.8% OB 26 61% 12% 302 Cypressdale Klein $68-$117 $59.87 $54.90 -8.3% -0.9% OB 25 0% 23% 777 Cypresswood Klein $98-$179 $53.19 $55.09 3.6% -1.1% OB 72 0% 28% 1,709 Cypresswood Glen Klein $184-$250 $71.15 $71.94 1.1% 0.1% OB 12 0% 6% 272 Cypresswood Glen Estates Klein $163-$243 $73.21 $72.76 -0.6% 1.2% OB 12 46% 0% 190 Cypresswood Green Spring $108-$150 $63.58 $47.91 -24.6% -6.8% OB 18 0% 60% 249 Cypresswood Lake Spring $103-$190 $66.23 $64.26 -3.0% -0.1% OB 23 18% 26% 589 Cypresswood Point Aldine $109-$170 $48.62 $51.45 5.8% OB 23 78% 14% 209 Danubina Acres Goose Creek $56-$125 $57.63 $66.90 16.1% OB 5 0% 10% 145 Decker Oaks Estates Tomball $126-$162 $75.33 $75.61 0.4% OB 7 0% 7% 159 Deepwater Deer Park $34-$80 $45.21 $42.48 -6.0% -3.2% IB 5 0% 20% 368 Deepwater Terrace Deer Park $46-$94 $54.55 $63.17 15.8% 1.2% IB 5 0% 45% 296 Deer Creek Deer Park $106-$136 $72.73 $69.36 -4.6% OB 8 21% 56% 132 Deer Meadows Deer Park $94-$151 $66.96 $62.93 -6.0% 0.6% OB 11 0% 25% 405 Deer Park Gardens Deer Park $94-$132 $64.01 $63.85 -0.2% -0.2% OB 14 0% 19% 563 Deer Run Conroe $100-$143 $97.37 $80.12 -17.7% OB 10 0% 37% 115 Deerbrook Estates Aldine $89-$152 $59.02 $69.31 17.4% OB 64 55% 24% 645 Deerfield Village Cy-Fair $147-$229 $67.56 $64.82 -4.1% 0.4% OB 37 0% 8% 937 Delany Cove Hitchcock $127-$220 $67.24 $71.28 6.0% OB 5 70% 20% 105 Denver Resurvey Galveston $38-$145 $90.98 $57.41 -36.9% OB 33 0% 16% 1,749 Devonshire Woods Klein $119-$179 $64.06 $65.12 1.7% 0.2% OB 10 0% 13% 423 Diamond Star Alief $83-$126 $49.60 $51.18 3.2% OB 15 14% 66% 43 Dixie Woods Pearland $163-$205 $68.65 $68.41 -0.3% 1.3% OB 12 0% 13% 285


Dove Meadow Dickinson $122-$146 $74.87 $90.35 20.7% 4.5% OB 6 0% 8% 181 Dove Meadows (Harris) Klein $73-$130 $62.20 $58.77 -5.5% -0.6% OB 26 0% 25% 758 Dover Fort Bend $76-$121 $62.57 $61.99 -0.9% -2.8% OB 8 0% 35% 286 Dumbarton Oaks Houston $33-$91 $26.04 $25.93 -0.4% IB 5 0% 64% 298 Durango Creek Magnolia $119-$144 $75.31 $92.78 23.2% OB 6 18% 18% 183 Durham Park Pasadena $115-$158 $68.38 $70.58 3.2% IB 35 51% 34% 562 Eagle Lakes Friendswood $239-$322 $91.46 $90.70 -0.8% OB 9 0% 0% 290 Eagle Landing Spring $78-$146 $50.22 $52.16 3.9% OB 32 69% 22% 344 Eagle Ranch West Cy-Fair $101-$143 $72.09 $60.54 -16.0% OB 28 63% 22% 361 Eagle Springs Humble $143-$351 $79.76 $77.94 -2.3% 1.8% OB 213 40% 8% 2,393 Eaglewood Fort Bend $101-$145 $55.77 $59.47 6.6% -0.2% OB 19 0% 47% 868 East Baytown Goose Creek $23-$55 $28.81 $20.09 -30.3% OB 5 0% 82% 391 East Norhill Houston $207-$490 $219.09 $222.46 1.5% 7.4% IL 13 0% 0% 259 East Park (Harris) La Porte $145-$175 $84.13 $75.32 -10.5% OB 5 0% 8% 203 Eastex Oaks Village Humble $47-$90 $51.03 $40.08 -21.5% -6.5% IB 7 0% 30% 379 Easthaven Pasadena $45-$120 $48.77 $61.48 26.1% 0.7% IB 9 8% 54% 730 Easton Alvin $29-$84 $44.09 $62.52 41.8% 6.3% OB 9 0% 53% 329 Eastpoint Goose Creek $97-$175 $66.89 $68.75 2.8% OB 19 52% 13% 442 Eastridge Terrace Pasadena $60-$92 $62.04 $64.61 4.1% -2.1% IB 10 0% 24% 363 Eastwood (Harris) Houston $121-$229 $86.62 $97.53 12.6% 1.6% IL 14 0% 5% 574 Edgewood Terrace Houston $30-$80 $26.39 $35.01 32.7% IB 10 0% 60% 649 El Jardin Clear Creek $54-$137 $83.89 $61.11 -27.2% OB 5 0% 6% 377 El Lago Clear Creek $116-$184 $68.59 $69.97 2.0% 1.6% OB 11 0% 13% 407 El Lago Estates Clear Creek $142-$288 $75.51 $76.64 1.5% 2.3% OB 11 0% 0% 312 Eldridge Meadow Cy-Fair $94-$126 $58.16 $53.56 -7.9% -5.2% OB 6 0% 20% 223 Eldridge Park Cy-Fair $159-$211 $69.56 $69.25 -0.4% 0.4% OB 18 0% 0% 474 Ella Crossing Spring $67-$104 $51.59 $44.01 -14.7% OB 15 0% 65% 156 Ellis Landing Clear Creek $86-$143 $50.06 $56.31 12.5% 0.6% OB 6 0% 35% 188 Emerson Estates Conroe $23-$41 $25.95 $23.07 -11.1% OB 9 0% 63% NAEmnora Heights Spring Branch $114-$169 $59.35 $51.45 -13.3% IB 7 18% 92% 27 Enchanted Forest Spring Branch $103-$183 $65.37 $63.10 -3.5% IB 6 0% 27% 129 Enchanted Oaks Klein $85-$160 $55.93 $47.50 -15.1% -3.1% OB 28 0% 26% 780 Enchanted Valley Cy-Fair $85-$167 $56.94 $53.24 -6.5% -1.1% OB 11 0% 15% 390 Enclave at Bay Colony Dickinson $124-$150 $80.48 $84.99 5.6% OB 5 0% 33% 68 Enclave at Bridgewater Katy $83-$119 $57.89 $50.81 -12.2% -2.4% OB 7 0% 31% 168 Enclave at Olde Oaks Spring $103-$126 $49.28 $46.49 -5.7% OB 5 0% 82% 85 Enclave at Shady Acres Houston $260-$280 $106.85 $109.52 2.5% IL 13 100% 0% 45 Englewood Place Estates Fort Bend $195-$251 $87.39 $92.93 6.3% 2.4% OB 5 0% 9% 108 Erin Glen (Deer Park) Deer Park $124-$267 $78.75 $78.32 -0.5% 2.2% OB 10 0% 12% 395 Estates at Creeks End Klein $184-$271 $59.40 $53.73 -9.5% OB 5 31% 63% 97 Estates at Cullen Park Katy $175-$239 $77.66 $71.28 -8.2% 0.5% OB 8 0% 11% 143 Estates at Windrush Klein $295-$485 $75.35 $88.63 17.6% OB 6 0% 36% 86 Estates of Highland Creek Cy-Fair $104-$161 $55.07 $55.94 1.6% OB 15 0% 29% 428 Estates of Legends Ranch Conroe $287-$404 $88.60 $83.66 -5.6% OB 14 53% 6% 195 Estates of Silver Ridge Fort Bend $401-$520 $85.05 $79.37 -6.7% OB 5 44% 50% 59 Estates of Teal Run Fort Bend $92-$149 $49.47 $50.74 2.6% -1.8% OB 27 0% 86% 403 Eva Maud Goose Creek $71-$134 $50.95 $51.58 1.2% -0.8% OB 9 0% 27% 306 Fairfax Spring $40-$85 $47.99 $39.93 -16.8% -8.1% OB 32 2% 55% 608 Fairfield Chappell Ridge Cy-Fair $177-$266 $70.11 $69.90 -0.3% 1.8% OB 15 0% 3% 299 Fairfield Garden Grove Cy-Fair $145-$229 $67.30 $70.24 4.4% 2.3% OB 22 0% 9% 405 Fairfield Inwood Park Cy-Fair $121-$166 $68.43 $72.23 5.6% 2.1% OB 48 0% 5% 795 Fairfield Village North Cy-Fair $161-$382 $86.13 $91.10 5.8% OB 36 88% 2% 261 Fairfield Village South Cy-Fair $146-$295 $76.53 $78.90 3.1% OB 101 83% 5% 620 Fairfield Village West Cy-Fair $130-$308 $74.58 $74.37 -0.3% 2.2% OB 66 1% 8% 1,170 Fairgreen Aldine $54-$106 $52.82 $45.45 -14.0% -5.8% IB 19 0% 47% 986 Fairhaven Houston $635-$980 $245.58 $211.39 -13.9% 3.0% IL 5 18% 0% 121 Fairmont Estates Pasadena $92-$146 $83.75 $75.22 -10.2% -0.8% OB 16 0% 25% 583 Fairmont Park La Porte $78-$173 $71.34 $60.17 -15.7% -1.0% OB 20 8% 21% 586 Fairmont Park East La Porte $113-$188 $75.40 $76.10 0.9% 2.4% OB 52 4% 10% 1,455 Fairmont Park West La Porte $93-$130 $75.65 $76.03 0.5% 3.3% OB 43 0% 19% 1,132 Fairpark Village Lamar Cons. $118-$152 $56.88 $56.57 -0.5% OB 21 100% 0% NAFairway Crossing at Lk Hou Huffman $236-$391 $100.35 $94.12 -6.2% OB 10 13% 13% 150 Fairway Village at Silverlake Pearland $162-$215 $78.10 $80.49 3.1% 1.7% OB 16 0% 7% 247 Fairways at Kelliwood Katy $200-$243 $100.83 $101.59 0.8% OB 7 0% 0% 89 Fairwood (Harris) Cy-Fair $95-$151 $64.25 $63.04 -1.9% 0.0% OB 36 0% 14% 764 Falcon Landing Katy $152-$223 $75.62 $80.63 6.6% 3.8% OB 46 0% 8% 612 Falcon Point Katy $215-$335 $85.10 $84.88 -0.3% 2.8% OB 35 0% 8% 515 Falcon Ranch Katy $167-$293 $73.22 $79.13 8.1% 4.1% OB 43 9% 5% 848 Falcon Ridge Friendswood $169-$296 $81.73 $84.70 3.6% 3.7% OB 18 0% 12% 314 Falcon Sound on The Lake Montgomery $212-$506 $100.40 $76.71 -23.6% OB 8 21% 54% 49 Fall Creek Humble $191-$462 $85.38 $87.83 2.9% 2.0% IB 130 47% 15% 1,496 Fallbrook Aldine $51-$97 $48.25 $45.30 -6.1% -7.2% IB 27 0% 42% 1,503 Falls at Champion Forest Klein $484-$778 $139.86 $119.95 -14.2% OB 8 33% 11% 103 Fawnlake Katy $148-$225 $79.67 $80.76 1.4% 2.6% OB 11 27% 10% 154 Ferndale Estates Cy-Fair $113-$140 $60.85 $50.74 -16.6% OB 8 12% 65% 138 Fieldstone Fort Bend $142-$241 $83.06 $68.56 -17.5% OB 29 92% 6% 217 Fieldstone Vlg at Silverlake Pearland $181-$232 $81.09 $83.01 2.4% 1.6% OB 18 0% 6% 255 Firethorne Katy $184-$362 $83.43 $85.84 2.9% OB 174 85% 2% 644 First Bend Cy-Fair $214-$351 $89.95 $89.95 0.0% OB 47 94% 4% 160 Flagridge Brazosport $115-$159 $88.18 $90.58 2.7% 3.2% OB 6 17% 8% 286 Fleetwood Katy $228-$408 $90.95 $97.31 7.0% 2.8% OB 22 0% 7% 515 Fondren Park Houston $57-$105 $50.51 $50.87 0.7% -2.6% IB 20 0% 42% 891 Fondren SW Northbrook Houston $99-$185 $59.31 $64.39 8.6% 1.8% IB 7 0% 12% 238 Fondren SW Northfield Houston $88-$208 $49.01 $52.87 7.9% -0.6% IB 31 0% 32% 1,062 Fondren SW Southmeadow Houston $52-$109 $31.85 $37.21 16.8% -8.3% IB 18 0% 61% 746 Fondren SW Smdw Patio Hms Houston $51-$103 $40.06 $50.05 24.9% IB 7 0% 52% 188 Fonmeadow Patio Homes Houston $51-$114 $40.10 $49.76 24.1% IB 12 0% 63% 34 Fonn Villas Spring Branch $415-$1,020 $207.07 $176.29 -14.9% 5.0% IB 6 10% 5% 347 Fontaine Place North Forest $23-$73 $31.51 $32.08 1.8% -5.0% IB 14 0% 62% 955 Forest Bend (Harris) Clear Creek $83-$131 $69.41 $77.57 11.8% 4.1% OB 46 0% 13% 957 Forest Colony New Caney $100-$142 $64.08 $68.81 7.4% OB 21 22% 27% 261 Forest Cove CC Estates Humble $122-$209 $67.89 $69.05 1.7% 2.1% OB 12 0% 13% 432 Forest Cove U/R Humble $149-$406 $78.10 $81.31 4.1% 1.6% OB 8 0% 0% 405 Forest Creek Farms Cy-Fair $115-$158 $67.18 $67.30 0.2% OB 23 69% 21% 195 Forest Crossing Magnolia $104-$139 $83.44 $80.44 -3.6% OB 6 67% 6% 104 Forest Heights Alvin $118-$166 $79.01 $76.04 -3.8% OB 16 30% 32% 95 Forest North Klein $69-$118 $64.29 $62.81 -2.3% 0.0% OB 26 0% 28% 674 Forest Oaks (Harris) Houston $35-$82 $60.65 $37.79 -37.7% -10.1% IB 9 0% 44% 716 Forest Pines Houston $130-$163 $100.36 $100.21 -0.1% 3.0% IB 5 0% 0% 514 Forest Point at Cypresswood Spring $112-$145 $54.46 $53.52 -1.7% OB 16 97% 0% 60 Forest Ridge Klein $95-$126 $57.00 $59.87 5.0% OB 17 52% 30% 215 Forest Village Conroe $114-$137 $55.69 $60.17 8.0% OB 21 73% 4% 196 Forest West (Harris) Houston $106-$178 $73.23 $76.66 4.7% 0.9% IB 21 0% 10% 604 Forestview Alief $57-$115 $50.13 $55.17 10.1% -2.2% OB 25 0% 40% 607 Forestwood Aldine $59-$130 $50.89 $41.98 -17.5% -6.7% IB 20 13% 67% 610 Foster Oaks Conroe $83-$97 $65.60 $53.80 -18.0% OB 5 0% 10% 122 Foster Place Houston $21-$82 $21.55 $36.25 68.2% 4.7% IL 10 4% 52% 730 Fountainhead Klein $84-$135 $47.70 $51.83 8.7% -0.6% OB 19 0% 35% 523 Fox Hollow Klein $105-$135 $60.29 $52.72 -12.6% OB 8 0% 14% 123 Fox Run Conroe $66-$125 $61.43 $54.36 -11.5% -2.4% OB 43 0% 37% 1,317 Foxhollow South Klein $70-$105 $51.27 $40.41 -21.2% OB 6 0% 45% 119 Foxhollow West Klein $53-$101 $62.47 $66.24 6.0% -0.4% OB 14 0% 32% 209 Foxwood (Harris) Aldine $57-$128 $50.86 $45.94 -9.7% -5.3% OB 71 28% 41% 1,413 Freeport Brazosport $25-$77 $32.20 $24.65 -23.4% 5.3% OB 5 0% 71% 1,390 Freeway Houston $36-$100 $62.84 $45.47 -27.6% -8.5% IL 6 0% 17% 311 Freeway Manor (Harris) Pasadena $47-$103 $56.85 $52.14 -8.3% -2.5% IB 47 0% 39% 1,892 Friendswood Lakes Friendswood $335-$455 $97.33 $92.21 -5.3% 1.5% OB 15 48% 3% 199 Friendswood Oaks Clear Creek $357-$459 $94.15 $87.88 -6.7% OB 19 66% 2% 236 Frontier East Pasadena $35-$82 $49.32 $50.46 2.3% -2.6% IB 10 0% 35% 441 Frostwood (Harris) Spring Branch $499-$838 $222.46 $188.10 -15.4% 5.4% IB 17 3% 0% 336 Fulbrook Lamar Cons. $325-$781 $127.64 $128.22 0.5% 6.4% OB 12 32% 8% 171 Galveston Outlots Galveston $49-$190 $82.76 $72.87 -12.0% 3.7% OB 67 0% 18% 3,287 Galveston Townsite Galveston $24-$259 $70.41 $49.84 -29.2% OB 36 0% 23% 2,337 Garden Oaks Houston $185-$508 $166.61 $170.21 2.2% 4.3% IB 74 8% 3% 1,404 Garden Villas Houston $53-$162 $67.16 $55.39 -17.5% -1.6% IB 23 0% 27% 1,022 Gates at Canyon Lakes West Cy-Fair $167-$267 $76.59 $78.49 2.5% OB 26 96% 0% 178 Georgetown Colony Cy-Fair $96-$160 $61.88 $62.63 1.2% 0.6% OB 8 0% 20% 222 Gessport Patio Homes Houston $43-$101 $51.15 $44.48 -13.0% -8.2% IB 11 0% 56% 227 Gettysburg Tomball $120-$240 $60.41 $61.05 1.1% -0.2% OB 7 0% 29% 225 Gleannloch Farms Klein $164-$422 $85.22 $84.14 -1.3% 1.5% OB 135 13% 6% 2,346 Gleannloch Farms Ridge Klein $196-$257 $82.34 $79.33 -3.7% OB 9 0% 0% 146 Glen Abbey Spring $90-$143 $74.46 $62.19 -16.5% OB 35 78% 27% 266 Glen Arbor Goose Creek $42-$90 $49.74 $50.17 0.9% 0.1% OB 11 0% 39% 443 Glen Cove Houston $565-$1,980 $301.28 $281.07 -6.7% 9.0% IL 10 24% 0% 173 Glen Iris Houston $26-$79 $42.86 $26.85 -37.4% -16.5% IB 16 0% 70% 1,285 Glen Laurel Fort Bend $181-$283 $86.39 $85.18 -1.4% 2.7% OB 16 0% 8% 536 Glen Manor North Forest $19-$59 $22.47 $19.88 -11.5% IB 6 0% 83% 338 Glen Meadows (La Porte) La Porte $97-$155 $73.17 $72.19 -1.3% 2.3% OB 23 0% 13% 720 Glen Oaks (Montgomery) Magnolia $107-$173 $62.33 $62.82 0.8% OB 13 38% 32% 136 Glenbrook Valley Houston $71-$183 $56.90 $52.75 -7.3% -1.7% IB 43 0% 31% 1,263 Glencairn Cy-Fair $63-$110 $48.08 $52.01 8.2% -1.2% OB 64 0% 36% 1,741 Glencairn Park Katy $64-$105 $50.87 $39.53 -22.3% -6.4% OB 5 0% 54% 227 Glencairn Village Cy-Fair $61-$103 $46.99 $55.85 18.9% -1.8% OB 10 0% 46% 471 Gleneagles Conroe $59-$104 $60.15 $58.07 -3.5% -1.8% OB 22 10% 39% 555 Glenloch Klein $60-$131 $57.72 $55.92 -3.1% -0.9% OB 12 0% 33% 452 Glenn Haven Estates Klein $218-$401 $72.69 $75.17 3.4% OB 11 10% 17% 181 Glenshire Houston $82-$155 $61.62 $58.96 -4.3% -1.9% IB 44 0% 30% 1,330 Gosling Pines Klein $125-$174 $65.90 $66.85 1.4% OB 23 68% 12% 200 Governors Place Katy $147-$220 $67.05 $64.67 -3.5% 2.3% OB 18 0% 9% 490 Grand Harbor Montgomery $265-$594 $108.40 $101.50 -6.4% OB 38 27% 25% 438 Grand Lake Estates Montgomery $218-$389 $97.30 $90.66 -6.8% 1.1% OB 14 19% 26% 199 Grand Lakes Katy $184-$363 $90.28 $87.36 -3.2% 2.7% OB 60 0% 2% 985 Grand Lakes Phase Four Katy $290-$535 $108.30 $107.13 -1.1% OB 33 19% 0% 402 Grand Lakes Phase Three Katy $199-$368 $93.94 $95.10 1.2% OB 60 3% 4% 1,068 Grand Lakes Phase Two Katy $357-$552 $106.38 $109.72 3.1% OB 14 0% 3% 280 Grand Meadow Lamar Cons. $140-$202 $75.04 $70.19 -6.5% OB 11 59% 15% 149 Grand Mission Fort Bend $145-$280 $76.59 $77.79 1.6% OB 86 66% 15% 874 Grants Trace Cy-Fair $125-$162 $80.38 $66.36 -17.4% OB 15 92% 23% 122 Graystone Hills Conroe $232-$371 $90.42 $91.67 1.4% OB 45 86% 3% 240 Graywood Goose Creek $73-$103 $50.08 $50.10 0.0% 2.3% OB 5 0% 10% 208 Great Oaks Fort Bend $114-$159 $67.60 $63.03 -6.8% OB 17 17% 29% 296 Great Oaks South Fort Bend $100-$135 $58.32 $56.31 -3.4% OB 12 0% 60% 214 Greatwood Arbor Lamar Cons. $275-$375 $85.81 $83.88 -2.2% 2.5% OB 7 0% 16% 101 Greatwood Bend Lamar Cons. $195-$245 $87.64 $85.92 -2.0% 2.7% OB 7 0% 0% 145 Greatwood Brooks Mill Lamar Cons. $230-$328 $84.11 $88.67 5.4% 2.7% OB 8 0% 0% 196 Greatwood Crossing Lamar Cons. $173-$222 $82.50 $86.73 5.1% 4.1% OB 20 0% 3% 260 Greatwood Forest Lamar Cons. $285-$416 $97.70 $89.76 -8.1% 3.9% OB 11 10% 10% 247 Greatwood Glen Lamar Cons. $192-$247 $84.91 $83.10 -2.1% 2.5% OB 16 0% 0% 217 Greatwood Highland Park Lamar Cons. $286-$370 $93.44 $92.38 -1.1% OB 8 0% 0% 154 Greatwood Knoll Lamar Cons. $157-$203 $78.80 $82.46 4.6% 3.0% OB 30 0% 6% 375 Greatwood Manor Lamar Cons. $220-$400 $77.70 $86.06 10.8% 3.7% OB 7 0% 20% 148 Greatwood Shores Lamar Cons. $338-$541 $107.72 $102.80 -4.6% 0.4% OB 8 0% 0% 239 Greatwood Stonebridge Lamar Cons. $183-$230 $82.96 $87.24 5.2% 3.4% OB 28 0% 4% 361 Greatwood Terrace Lamar Cons. $162-$208 $84.86 $85.35 0.6% 3.7% OB 9 0% 5% 189 Greatwood Trails Lamar Cons. $225-$312 $76.71 $80.82 5.4% 2.3% OB 12 0% 8% 318 Greatwood Tuscany Place Lamar Cons. $315-$496 $112.98 $94.54 -16.3% 2.3% OB 9 0% 7% 152 Greatwood Village Lamar Cons. $194-$241 $81.90 $82.00 0.1% 2.5% OB 9 0% 4% 236 Greatwood Woodhaven Lamar Cons. $324-$483 $99.75 $101.38 1.6% OB 13 0% 5% 89 Green Caye Village Sub Dickinson $89-$117 $74.32 $74.23 -0.1% OB 10 0% 37% 113 Green Creek Estates Cy-Fair $76-$102 $46.08 $39.34 -14.6% OB 8 0% 89% 72 Green Isle Dickinson $102-$141 $72.94 $81.36 11.5% OB 10 0% 20% 92 Green Oak Park Aldine $85-$129 $42.75 $45.48 6.4% OB 13 0% 75% 387 Green Ridge North Aldine $45-$96 $51.52 $51.55 0.1% -5.4% IB 23 0% 45% 1,150 Green Tee Terrace Cl.Ck, Pasa. Prld. $171-$269 $72.89 $71.65 -1.7% 1.8% OB 11 0% 16% 658 Green Trails Katy $259-$418 $92.65 $91.08 -1.7% 4.3% OB 14 0% 4% 332 Green Trails Crossing Katy $188-$240 $90.41 $87.52 -3.2% 3.8% OB 10 0% 0% 195 Green Trails Park Katy $219-$368 $91.83 $90.38 -1.6% 4.7% OB 67 4% 1% 1,260 Green Trails Village Katy $210-$260 $83.65 $87.00 4.0% 4.4% OB 11 0% 0% 155 Green Valley Estates Fort Bend $60-$111 $46.89 $44.54 -5.0% -5.5% OB 15 0% 74% 510 Greenbriar Addn Fort Bend $67-$129 $71.77 $74.45 3.7% 0.4% OB 7 0% 27% 207 Greenbriar North Aldine $70-$130 $59.25 $52.25 -11.8% OB 28 35% 53% 268 Greenbriar N. Patio Homes Aldine $48-$74 $39.24 $44.37 13.1% OB 7 0% 93% 76 Greenfield Houston $45-$82 $57.90 $63.10 9.0% IB 6 0% 33% 171 Greenfield Village Aldine $52-$108 $34.43 $39.46 14.6% -6.1% OB 17 0% 55% 557 Greengate Place Spring $50-$100 $44.95 $45.28 0.7% -5.6% OB 49 1% 49% 1,295 Greenpark Houston $79-$116 $51.97 $58.64 12.8% IB 11 0% 60% 494 Greenridge Sub Clear Creek $159-$189 $76.90 $79.72 3.7% OB 6 0% 8% 70 Greensbrook Sheldon $26-$109 $45.04 $40.99 -9.0% -10.3% IB 24 26% 81% 570 Greensbrook Place Sheldon $106-$133 $49.47 $46.14 -6.7% IB 15 95% 5% 132


Sunday, April 11, 2010 ¬ ¬ ¬ H O U S T O N C H R O N I C L E D 5NEIGHBORHOOD PRICE TRENDS 2008 2009 Avg. Pct. Homes Typical median median annual Pct. fore- in price price price Pct. pct. Sales new clos- sub- range per per change ch. Loca- in ’08- ures divi- Subdivision School district ($1,000s) sq. ft. sq.ft. ’08-’09 ’04-’09 tion 2009 ’09 ’08-’09 sion

Greenway Park Houston $35-$75 $42.55 $36.09 -15.2% IB 5 0% 60% 223 Greenwood Forest Klein $113-$185 $52.68 $53.11 0.8% -0.7% OB 53 1% 21% 1,590 Greenwood Village Aldine, Houston $37-$60 $31.74 $37.41 17.9% -7.8% IB 7 0% 38% 677 Grove West Stafford $186-$255 $95.06 $80.72 -15.1% -0.6% OB 10 0% 13% 228 Gulf Meadows (Harris) Houston $67-$120 $56.60 $48.70 -14.0% -5.0% IB 13 5% 44% 811 Gulf Palms (Harris) Pasadena $38-$97 $43.58 $53.57 22.9% -2.5% IB 16 0% 48% 570 Gulf Village Galveston $47-$131 $45.69 $40.86 -10.6% OB 19 0% 7% NAGulfway Terrace Pasadena $48-$105 $61.98 $51.07 -17.6% -5.1% IB 12 0% 38% 564 Hamilton Square Alvin $116-$143 $75.88 $77.55 2.2% OB 9 0% 56% 114 Hannover Estates Klein $129-$169 $64.43 $67.88 5.4% 1.0% OB 10 0% 10% 138 Hannover Forest Klein, Spring $135-$160 $68.77 $69.46 1.0% 1.4% OB 13 0% 12% 193 Hannover Springs Spring $105-$156 $67.76 $61.13 -9.8% OB 10 67% 47% 121 Hannover Village Klein $130-$164 $69.16 $69.47 0.4% OB 26 0% 16% 388 Harbour Cove Estates Clear Creek $158-$200 $83.26 $81.86 -1.7% 3.1% OB 7 0% 17% 147 Harbour Park Clear Creek $159-$220 $76.30 $75.42 -1.2% 2.0% OB 50 0% 6% 906 Harbour Pointe Clear Creek $195-$256 $81.91 $81.92 0.0% -0.8% OB 11 0% 0% 185 Harvest Bend Cy-Fair $70-$128 $59.31 $58.07 -2.1% -1.0% OB 48 0% 35% 1,188 Harvest Bend The Meadow Cy-Fair $105-$125 $64.74 $65.53 1.2% -0.1% OB 13 0% 13% 297 Harvest Bend The Village Cy-Fair $57-$133 $64.67 $66.95 3.5% -1.4% OB 24 0% 22% 848 Hastings Green Cy-Fair $69-$108 $54.92 $60.86 10.8% 0.3% OB 13 0% 32% 332 Hawthorne Place Houston $38-$98 $56.28 $40.63 -27.8% IB 7 0% 58% 968 Hazy Hollow East Estates Magnolia $33-$95 $38.13 $26.73 -29.9% -9.5% OB 6 0% 46% 199 Hearthstone Cy-Fair $131-$225 $67.83 $68.74 1.3% 0.1% OB 34 0% 14% 1,008 Hearthstone Green Cy-Fair $138-$269 $70.28 $77.93 10.9% 2.1% OB 13 0% 8% 290 Hearthstone Place Cy-Fair $108-$155 $70.31 $67.26 -4.3% 0.9% OB 12 0% 13% 264 Heather Glen Aldine $38-$88 $36.65 $36.01 -1.7% IB 23 0% 50% 951 Heatherwood Village Cy-Fair, Tomball $101-$157 $68.61 $67.30 -1.9% 0.9% OB 26 0% 18% 548 Heritage Deer Park $104-$141 $78.55 $79.98 1.8% 2.3% OB 14 0% 14% 297 Heritage Colony Fort Bend $195-$272 $90.20 $89.62 -0.6% 2.7% OB 29 0% 2% 540 Heritage Green Pearland $101-$130 $75.43 $75.69 0.3% 0.8% OB 7 0% 23% 128 Heritage Meadows Katy $101-$145 $69.52 $63.75 -8.3% -0.7% OB 13 0% 38% 251 Heritage Park (Harris) Clear Creek $113-$179 $74.04 $77.84 5.1% 2.6% OB 190 0% 9% 4,260 Heritage Park West Katy $100-$140 $64.44 $60.08 -6.8% -0.4% OB 22 5% 26% 257 Heritage Square Katy $140-$189 $64.90 $68.07 4.9% 2.1% OB 17 0% 7% 244 Heritage Village Spring $65-$128 $48.42 $42.20 -12.8% -5.5% OB 34 0% 67% 829 Hermann Lake Houston $426-$492 $141.10 $138.36 -1.9% IL 8 0% 0% 96 Heron Lakes Estates Cy-Fair $175-$219 $55.49 $53.75 -3.1% -4.8% OB 10 24% 53% 145 Heron Nest Cy-Fair $131-$163 $75.21 $58.36 -22.4% OB 12 0% 18% 203 Hickory Creek Katy $121-$168 $72.72 $71.93 -1.1% 3.0% OB 14 0% 18% 283 Hidden Forest Est. (Montg.) Magnolia $109-$163 $66.78 $65.03 -2.6% OB 17 24% 32% 297 Hidden Meadow Sheldon $81-$125 $45.99 $49.95 8.6% IB 9 57% 29% 286 Hidden Valley Aldine $52-$125 $46.45 $55.75 20.0% -4.4% IB 17 0% 42% 836 High Meadow Ranch Magnolia $360-$739 $128.29 $142.62 11.2% 5.7% OB 12 22% 22% 426 High Meadows (Harris) Aldine $44-$96 $57.25 $43.46 -24.1% -8.3% IB 23 0% 50% 1,939 High Star Alief $110-$135 $67.42 $70.58 4.7% OB 6 0% 33% 159 Highland Creek Ranch Cy-Fair $81-$131 $62.42 $57.15 -8.4% OB 24 31% 63% 587 Highland Creek Village Cy-Fair $60-$116 $50.22 $50.75 1.1% -4.5% OB 10 0% 44% 426 Highland Glen Spring $83-$122 $58.63 $54.35 -7.3% OB 17 6% 61% 188 Highland Heights Annex Aldine, Houston $17-$80 $30.86 $36.83 19.3% IB 7 0% 31% 968 Highland Meadow Pasadena $68-$130 $67.27 $75.64 12.4% 0.6% OB 13 0% 30% 425 Highland Park (Harris) Goose Creek $43-$90 $54.45 $65.00 19.4% 2.7% OB 7 0% 33% 207 Highland Timbers Cy-Fair $188-$226 $78.07 $77.67 -0.5% 0.8% OB 9 0% 4% 183 Highland Trails Katy $151-$179 $65.31 $69.06 5.7% 2.2% OB 14 0% 7% 216 Highland Woods Goose Creek $91-$156 $63.38 $63.92 0.9% -0.1% OB 11 0% 17% 256 Highlands Ranch Goose Creek $132-$160 $70.04 $71.77 2.5% OB 12 95% 14% 49 Highlands Townsite Goose Creek $25-$96 $58.85 $30.16 -48.8% -11.9% OB 8 0% 44% 354 Hilshire Lakes Spring Branch $203-$280 $121.68 $111.20 -8.6% IB 9 87% 7% 40 Holman Outlot Houston $30-$262 $34.41 $53.61 55.8% IL 8 0% 23% 333 Home Owned Estates Galena Park $34-$95 $45.48 $55.34 21.7% -1.2% IB 25 2% 40% 1,745 Houston Harbor Houston $23-$63 $47.34 $25.48 -46.2% IL 8 7% 33% 1,042 Houston Heights Houston $192-$621 $178.41 $194.59 9.1% 5.2% IL 193 20% 6% 3,723 Houston Heights Annex Houston $188-$366 $139.73 $150.76 7.9% 2.7% IL 36 45% 8% 467 Hou. Skyscraper Shadows Houston $55-$138 $65.80 $59.21 -10.0% -2.7% IB 26 4% 44% 1,304 Hunters Green Fort Bend $68-$113 $43.31 $55.18 27.4% -1.8% OB 8 0% 61% 354 Hunterwood Forest Cy-Fair $116-$220 $65.71 $62.33 -5.1% 0.8% OB 23 0% 14% 581 Hunterwood Village Galena Park $41-$98 $40.70 $40.82 0.3% -6.8% IB 12 0% 64% 483 Huntington Pasadena $88-$120 $73.99 $72.54 -2.0% 0.3% IB 8 0% 12% 215 Huntington Village Alief, Fort Bend $61-$119 $44.41 $42.34 -4.7% -6.7% OB 45 0% 51% 1,434 Huntington Vlg. Patio Homes Alief $46-$110 $38.07 $29.31 -23.0% -9.3% OB 7 0% 60% 197 Huntwick Forest Cy-Fair, Klein $131-$323 $65.36 $66.56 1.8% -1.2% OB 34 0% 15% 830 Hyde Park Houston $251-$354 $185.09 $146.67 -20.8% IL 6 0% 15% 143 Hyde Park Main Houston $287-$933 $212.92 $213.49 0.3% 5.3% IL 5 25% 4% 430 Idleloch Huffman $45-$108 $31.64 $41.69 31.8% -5.0% OB 7 0% 50% 137 Idylwood Houston $131-$289 $124.46 $137.52 10.5% 3.6% IL 10 0% 8% 327 Imperial Garden Spring $88-$128 $43.37 $48.72 12.3% OB 6 23% 67% 125 Imperial Green Spring $96-$132 $45.00 $56.74 26.1% OB 18 25% 63% 181 Imperial Oaks Conroe $111-$184 $72.72 $70.20 -3.5% 1.1% OB 75 0% 12% 1,649 Imperial Oaks Estates Conroe $154-$204 $69.06 $65.58 -5.0% -0.7% OB 9 0% 20% 224 Imperial Oaks Forest Conroe $229-$298 $73.10 $86.53 18.4% OB 21 58% 5% 195 Imperial Oaks Park Conroe $135-$235 $75.77 $77.70 2.5% 3.3% OB 143 48% 10% 1,384 Imperial Oaks Village Conroe $109-$168 $74.77 $75.73 1.3% 2.1% OB 10 0% 16% 247 Imperial Point Alief $52-$109 $61.51 $49.19 -20.0% -6.5% OB 17 0% 34% 840 Imperial Ridge Spring $76-$112 $46.40 $49.45 6.6% OB 13 0% 66% 345 Imperial Trace Aldine $67-$123 $54.12 $45.81 -15.4% OB 38 15% 79% 284 Imperial Valley Aldine $64-$121 $55.46 $51.20 -7.7% -5.1% IB 14 0% 28% 573 Indian Shores Crosby, Huffman $86-$224 $65.36 $67.50 3.3% 1.2% OB 21 2% 30% 571 Indigo Lake Estates Magnolia $243-$420 $118.97 $100.48 -15.5% 0.7% OB 15 3% 8% 543 Industrial Galena Park $25-$74 $46.40 $37.76 -18.6% IB 16 0% 47% 1,334 Intercity Place La Marque $23-$77 $27.96 $41.08 46.9% OB 5 0% 14% 188 Inverness Estates Klein $190-$267 $76.88 $74.41 -3.2% OB 26 86% 8% 220 Inverness Forest Aldine $83-$145 $54.87 $41.72 -24.0% -5.1% OB 13 0% 23% 467 Inwood Forest Aldine $67-$131 $44.94 $41.69 -7.2% -5.9% IB 46 0% 44% 1,135 Inwood Forest Village Aldine $45-$99 $50.47 $38.01 -24.7% -5.9% IB 22 0% 61% 454 Inwood North Aldine, Klein $51-$110 $38.68 $41.30 6.8% -5.3% IB 59 1% 54% 1,943 Inwood Pines Aldine $48-$112 $46.84 $35.91 -23.3% -9.5% IB 22 0% 55% 634 Inwood Terrace Houston $19-$80 $29.66 $24.00 -19.1% IB 10 0% 59% 1,088 Inwood West Klein $51-$113 $48.98 $41.39 -15.5% -5.2% IB 14 0% 48% 414 Isla Del Sol Galveston $235-$513 $215.91 $231.12 7.0% OB 5 0% 0% 166 Ivy Oaks La Porte $250-$275 $67.88 $72.95 7.5% OB 14 100% 0% NAJamaica Beach Galveston $95-$446 $172.92 $154.76 -10.5% OB 43 3% 14% 1,117 Jamestown Colony Cy-Fair $99-$155 $57.72 $58.94 2.1% -0.7% OB 18 0% 18% 387 Jersey Village Cy-Fair $111-$306 $71.72 $75.34 5.0% 0.2% OB 15 0% 8% 616 Jersey Village CC Estates Cy-Fair $126-$261 $76.18 $80.39 5.5% 3.5% OB 31 0% 13% 1,015 Katy Creek Ranch Katy $130-$177 $76.47 $80.88 5.8% OB 41 76% 15% 264 Katyland Katy $65-$113 $64.19 $66.51 3.6% 0.8% OB 13 0% 30% 425 Keegans Glen Alief $54-$110 $48.64 $53.32 9.6% -2.2% OB 34 0% 48% 1,048 Keegans Ridge Fort Bend $115-$160 $60.94 $57.30 -6.0% OB 12 0% 48% 328 Keegans Wood Alief $42-$94 $55.72 $36.62 -34.3% -8.9% OB 11 0% 47% 511 Kelliwood Katy $264-$516 $84.26 $84.71 0.5% 3.8% OB 14 0% 7% 198 Kelliwood Gardens Katy $214-$297 $77.21 $78.05 1.1% 3.1% OB 18 0% 9% 288 Kelliwood Nottingham Ctry Katy $299-$408 $80.17 $77.87 -2.9% 4.0% OB 11 0% 6% 241 Kelliwood Park Katy $392-$522 $103.48 $103.64 0.2% OB 7 84% 0% 90 Kelliwood Place Katy $184-$255 $73.76 $68.18 -7.6% 1.3% OB 8 0% 0% 220 Kelliwood Terrace Katy $204-$264 $81.37 $84.64 4.0% OB 9 0% 0% 190 Kellyn Oaks Conroe $66-$95 $51.60 $51.31 -0.6% OB 12 35% 85% 70 Kemah Oaks Sub Clear Creek $133-$159 $57.05 $78.77 38.1% 3.7% OB 13 0% 19% 236 Kempwood North Spring Branch $77-$150 $74.74 $63.27 -15.3% -1.2% IB 10 0% 12% 234 Kendall Lakes Alvin $159-$188 $68.14 $70.37 3.3% OB 9 100% 0% 128 Kennedy Heights Houston $27-$79 $51.62 $44.46 -13.9% IB 10 4% 87% 433 Kenswick Aldine $53-$104 $47.35 $41.94 -11.4% -6.2% OB 54 0% 49% 1,329 Kenswick Forest Aldine $72-$126 $49.56 $47.02 -5.1% OB 36 18% 55% 751 Kenswick Glen Aldine $75-$103 $51.86 $50.14 -3.3% OB 14 0% 59% 143 Kenswick Meadows Aldine $65-$121 $58.08 $48.61 -16.3% OB 58 29% 57% 353 King Estates Houston $40-$86 $37.92 $30.36 -19.9% -11.4% IB 11 0% 66% 806 King Lakes Katy $180-$278 $84.62 $78.62 -7.1% OB 10 100% 0% NAKingdom Heights Lamar Cons. $153-$224 $65.16 $69.04 6.0% OB 13 100% 0% 74 Kings Manor New Caney $134-$183 $74.69 $72.63 -2.8% OB 42 15% 7% 614 Kings Mill New Caney $144-$213 $60.04 $71.46 19.0% OB 24 74% 10% 194 Kingsbridge Court Fort Bend $95-$155 $60.21 $60.59 0.6% -3.5% OB 5 0% 50% 251 Kingsbridge Place Fort Bend $136-$207 $58.05 $58.87 1.4% -0.3% OB 8 0% 29% 320 Kingsbridge Village Fort Bend $100-$175 $52.64 $60.59 15.1% OB 16 0% 49% 449 Kingwood Bear Branch Vill. Humble $144-$229 $68.66 $62.01 -9.7% 0.7% OB 35 0% 8% 1,087 Kingwood Elm Grove Vill. Humble $85-$143 $63.54 $65.11 2.5% 1.2% OB 65 0% 17% 1,417 Kingwood Fosters Mill Vill. Humble $186-$458 $76.62 $81.41 6.3% OB 26 0% 7% 547 Kingwood Glen Humble $134-$167 $70.00 $65.93 -5.8% 1.0% OB 20 0% 8% 663 Kingwood Greens Vill. Humble $431-$941 $139.52 $129.89 -6.9% -0.4% OB 8 0% 0% 210 Kingwood Greentree Vill. Humble $140-$263 $69.83 $67.98 -2.6% 1.6% OB 78 0% 5% 1,761 Kingwood Hunters Ridge Vill. Humble $106-$170 $65.56 $65.35 -0.3% 1.8% OB 49 0% 7% 1,028 Kingwood Kings Crossing Humble $128-$252 $86.96 $90.77 4.4% 2.8% OB 24 0% 0% 480 Kingwood Kings Forest Vill. Humble $263-$456 $93.22 $94.64 1.5% OB 10 0% 20% 279 Kingwood Kings Manor New Caney $137-$184 $77.27 $70.75 -8.4% OB 15 35% 6% 296 Kingwood Kings Point Vill. Humble $260-$536 $100.09 $92.76 -7.3% 0.7% OB 92 1% 5% 1,587 Kingwood Kings River Vill. Humble $156-$280 $75.83 $79.01 4.2% 2.6% OB 65 0% 2% 1,157 Kingwood Lakes Vill. Humble $191-$600 $78.52 $97.90 24.7% 4.4% OB 6 0% 7% 211 Kingwood Mills Branch Vill. Humble $124-$193 $67.13 $70.23 4.6% 2.0% OB 71 0% 6% 1,213 Kingwood Mills Creek Vill. Humble $185-$269 $74.38 $74.01 -0.5% 0.7% OB 50 0% 5% 695 Kingwood Place Vill. Humble $137-$202 $75.19 $76.94 2.3% 2.5% OB 18 0% 5% 317 Kingwood Sand Creek Vill. Humble $186-$320 $79.62 $81.67 2.6% 3.8% OB 61 0% 3% 1,104 Kingwood Sherwood Trls Vill. Humble $85-$126 $75.04 $75.40 0.5% 1.5% OB 45 0% 12% 934 Kingwood Trailwood Village Humble $133-$195 $64.14 $63.96 -0.3% 2.3% OB 33 0% 4% 787 Kingwood Woodland Hls Vill. Humble $87-$170 $61.55 $61.11 -0.7% 1.1% OB 65 0% 18% 1,603 Kipling Oaks Mag, Tom $109-$184 $81.45 $82.44 1.2% 4.8% OB 7 0% 13% 208 Kirby Lake Clear Creek $163-$235 $80.28 $84.86 5.7% 1.6% OB 9 0% 3% 151 Kirbybend Clear Creek $199-$252 $84.22 $71.32 -15.3% 0.6% OB 9 0% 5% 141 Kirkmont Pasadena $82-$125 $70.21 $70.80 0.8% 1.1% IB 14 0% 21% 770 Kirkwood Pasadena $81-$128 $62.77 $66.72 6.3% 0.1% IB 14 0% 19% 674 Kirkwood Country Alief $52-$100 $46.68 $46.33 -0.7% -5.2% OB 20 0% 52% 512 Kirkwood South Pasadena $78-$136 $67.86 $63.67 -6.2% -0.5% OB 28 0% 26% 807 Klein Meadows Klein $96-$147 $55.84 $56.79 1.7% OB 14 48% 68% 133 Kleinbrook Klein $66-$123 $53.60 $50.97 -4.9% -3.7% OB 27 4% 53% 768 Kleinwood Klein $93-$154 $61.87 $55.95 -9.6% -1.8% OB 11 0% 12% 446 Knollwood Village Houston $255-$679 $186.36 $170.88 -8.3% 4.7% IL 24 11% 0% 550 Kutschbach Houston $179-$386 $153.53 $208.64 35.9% IL 6 7% 7% 82 La Hacienda Houston $62-$84 $45.74 $41.74 -8.7% IB 12 0% 100% 47 La Porte La Porte $39-$130 $69.55 $60.14 -13.5% -0.4% OB 29 17% 34% 1,165 La Porte Outlots La Porte $69-$254 $94.76 $110.80 16.9% 9.8% OB 9 0% 7% 358 La Salle Crossing (Westlake) Conroe $83-$135 $52.99 $58.52 10.4% -0.4% OB 11 0% 45% 201 Lagoon at Windwater Village Houston $200-$353 $123.25 $102.65 -16.7% IB 7 74% 17% 49 Lake Chateau Woods Conroe $81-$143 $80.02 $81.35 1.7% 5.8% OB 12 44% 14% 493 Lake Colony Fort Bend $157-$225 $77.09 $78.41 1.7% 2.2% OB 9 0% 0% 399 Lake Conroe Forest Montgomery $49-$145 $80.19 $74.41 -7.2% 2.3% OB 22 18% 26% 611 Lake Conroe Hills Willis $72-$140 $71.43 $77.04 7.9% 3.0% OB 26 12% 31% 434 Lake Conroe Village Montgomery $26-$80 $35.01 $26.59 -24.1% 1.1% OB 6 7% 21% 37 Lake Cove Clear Creek $200-$463 $78.19 $78.32 0.2% 0.9% OB 26 11% 9% 486 Lake Creek Forest Conroe $189-$346 $105.10 $101.51 -3.4% OB 8 6% 6% 238 Lake Forest (Harris) North Forest $20-$44 $23.60 $27.70 17.4% -8.1% IB 5 0% 87% 426 Lake Forest Village Humble $152-$210 $74.15 $70.68 -4.7% -0.6% OB 21 9% 13% 415 Lake Ridge Katy $111-$141 $53.00 $55.27 4.3% 0.9% OB 45 71% 5% 630 Lake Shadows Crosby $108-$197 $79.03 $85.53 8.2% 4.0% OB 29 17% 10% 495 Lake Shore Harbour Fort Bend $195-$333 $87.27 $76.63 -12.2% OB 31 65% 37% 222 Lake Windcrest Magnolia $285-$626 $117.61 $116.05 -1.3% 2.4% OB 52 12% 8% 760 Lakecrest Katy $125-$205 $67.08 $70.42 5.0% 1.9% OB 46 34% 19% 688 Lakecrest Forest Katy $140-$175 $74.01 $82.04 10.8% OB 5 87% 7% 69 Lakefield Fort Bend $133-$218 $90.17 $84.77 -6.0% 0.7% OB 15 0% 4% 428 Lakeforest of Kelliwood Katy $792-$1,874 $204.18 $228.43 11.9% 6.8% OB 6 67% 25% 70 Lakemont Lamar Cons. $130-$207 $67.45 $75.92 12.6% OB 31 9% 33% 697 Lakemont Court Lamar Cons. $108-$147 $79.98 $81.94 2.5% OB 8 76% 5% 93 Lakemont Meadows Lamar Cons. $132-$184 $79.76 $70.88 -11.1% OB 6 9% 55% 191 Lakemont Terrace Lamar Cons. $139-$193 $75.35 $76.94 2.1% OB 14 56% 4% 230 Lakepointe Forest Clear Creek $167-$225 $69.44 $77.14 11.1% 2.2% OB 17 0% 6% 256 Lakes at Grand Harbor Katy $146-$212 $72.31 $64.46 -10.9% OB 17 64% 14% 168 Lakes at Mason Park Katy $120-$162 $60.23 $73.13 21.4% OB 18 92% 0% 102 Lakes at Northpointe Tomball $157-$250 $75.63 $70.62 -6.6% OB 35 76% 7% 264 Lakes in Bay Colony Dickinson $159-$212 $75.73 $69.00 -8.9% OB 10 21% 21% 187 Lakes of Austin Park Fort Bend $254-$330 $99.01 $95.50 -3.5% 3.9% OB 6 0% 7% 239 Lakes of Bella Terra Lamar Cons. $199-$496 $86.55 $91.84 6.1% OB 33 95% 4% 112 Lakes of Bellaire Alief $80-$148 $71.26 $55.35 -22.3% OB 28 6% 59% 412 Lakes of Bridgewater Katy $93-$138 $49.29 $52.90 7.3% -0.4% OB 48 0% 49% 911 Lks of Buckingham Kelliwood Katy $340-$520 $104.71 $102.01 -2.6% 1.0% OB 10 4% 4% 182


Lakes of Fairhaven Cy-Fair $389-$555 $105.74 $103.73 -1.9% OB 25 71% 4% 238 Lakes of Falcon Ridge Friendswood $263-$337 $87.84 $88.04 0.2% OB 8 7% 14% 176 Lakes of Jersey Village Cy-Fair $219-$285 $84.25 $93.32 10.8% OB 5 33% 20% 169 Lakes of Magnolia Magnolia $113-$176 $76.72 $74.55 -2.8% OB 13 60% 24% 131 Lakes of Mission Grove Lamar Cons. $280-$676 $140.02 $80.56 -42.5% OB 5 75% 17% 36 Lakes of Parkway Houston $499-$972 $159.13 $157.08 -1.3% 3.7% OB 42 46% 7% 661 Lakes of Pine Forest Cy-Fair $141-$215 $74.34 $73.85 -0.7% OB 22 44% 22% 356 Lakes of Rosehill Cy-Fair $327-$458 $102.54 $101.06 -1.4% 2.1% OB 14 0% 4% 397 Lakes of Sterling Gate Klein $387-$1,166 $152.90 $93.47 -38.9% OB 5 33% 42% 49 Lakes on Eldridge Cy-Fair $255-$608 $107.72 $100.41 -6.8% 1.6% OB 40 0% 8% 747 Lakes on Eldridge North Cy-Fair $320-$558 $113.87 $113.71 -0.1% 3.6% OB 61 1% 2% 1,081 Lakeshore (Harris) Humble $152-$372 $75.44 $75.94 0.7% OB 103 91% 3% 505 Lakeside Estates (Harris) Houston $190-$276 $95.80 $92.71 -3.2% 0.8% OB 14 0% 10% 270 Lakeside Forest HISD,Sp.Branch $192-$451 $92.73 $95.13 2.6% 0.6% OB 14 0% 17% 295 Lakeside Meadow Fort Bend $223-$348 $84.85 $80.03 -5.7% -0.2% OB 10 0% 6% 257 Lakeside Place (Harris) Houston $187-$370 $94.03 $94.92 0.9% 0.0% OB 25 0% 14% 560 Lakeview Forest Houston $175-$247 $89.45 $92.50 3.4% OB 5 0% 18% 120 Lakeville Cy-Fair $63-$114 $51.25 $48.87 -4.6% OB 49 13% 59% 650 Lakewood Goose Creek $62-$174 $55.56 $56.56 1.8% 1.1% OB 23 0% 26% 842 Lakewood Crossing Cy-Fair $158-$287 $74.62 $75.35 1.0% 0.0% OB 5 35% 0% 266 Lakewood Estates (Mont.) Conroe $77-$122 $63.20 $61.60 -2.5% OB 6 17% 0% 135 Lakewood Forest Cy-Fair, Tomball $143-$275 $63.41 $63.07 -0.5% 0.6% OB 97 0% 14% 2,505 Lakewood Glen Cy-Fair $199-$280 $74.44 $78.90 6.0% 0.5% OB 18 0% 0% 349 Lakewood Glen Trails Cy-Fair $179-$271 $72.29 $74.20 2.6% 0.6% OB 10 0% 6% 165 Lakewood Grove Tomball $170-$262 $74.34 $73.98 -0.5% 1.4% OB 43 9% 18% 843 Lakewood Heights Huffman $72-$117 $61.17 $59.92 -2.0% 1.5% OB 20 0% 21% 653 Lakewood Oaks Estates Cy-Fair $346-$506 $91.34 $86.07 -5.8% -0.9% OB 11 0% 9% 255 Lakewood Park (Harris) Tomball $132-$181 $64.39 $70.13 8.9% 3.1% OB 7 0% 13% 194 Lakewood Village Tomball $117-$142 $68.18 $64.63 -5.2% 1.6% OB 5 0% 20% 124 Lamar Terrace Houston $441-$849 $160.97 $180.52 12.1% 4.5% IB 13 31% 9% 361 Lancaster Cy-Fair $45-$93 $51.50 $47.46 -7.8% -3.7% OB 16 4% 53% 582 Langwood CF, HISD,SBISd $50-$105 $68.43 $67.79 -0.9% -3.3% IB 23 0% 33% 1,649 Larchmont Houston $245-$384 $207.71 $185.28 -10.8% 4.4% IB 11 5% 9% 280 Laurel Creek Cy-Fair $175-$236 $83.43 $79.84 -4.3% -0.5% IB 15 0% 3% 314 Laurel Oaks (Harris) Spring $83-$146 $47.58 $47.66 0.2% -1.9% OB 16 0% 58% 593 Laurel Place Humble $88-$141 $52.37 $71.00 35.6% OB 18 42% 50% 165 Lawndell Goose Creek $43-$89 $53.12 $60.17 13.3% 2.2% OB 5 0% 31% 198 Lawrence Place Pearland $184-$280 $77.90 $64.90 -16.7% OB 7 67% 27% 54 Lazybrook Houston $209-$366 $160.42 $155.51 -3.1% 5.6% IL 25 0% 0% 664 Leawood Alief $48-$99 $57.29 $41.02 -28.4% -9.9% OB 13 0% 46% 623 Legends Run Conroe $96-$161 $66.90 $60.01 -10.3% OB 52 44% 33% 976 Leisure Lakes Clear Creek $156-$189 $54.88 $57.47 4.7% OB 7 54% 25% 63 Lexington Colony Fort Bend $153-$187 $83.96 $79.50 -5.3% 2.8% OB 16 0% 7% 527 Lexington Settlement Fort Bend $130-$171 $62.64 $68.18 8.8% 1.5% OB 8 0% 13% 255 Lexington Square Fort Bend $126-$162 $60.99 $56.22 -7.8% OB 7 0% 50% 290 Lexington Woods Spring $73-$134 $58.74 $54.33 -7.5% -2.0% OB 42 4% 32% 1,079 Lexington Woods North Spring $70-$138 $60.96 $53.94 -11.5% -2.3% OB 21 5% 22% 412 Liberty Lakes Sheldon $96-$151 $50.47 $53.29 5.6% OB 40 55% 34% 692 Lincoln City Houston $20-$86 $26.01 $37.34 43.6% 3.0% IB 11 4% 48% 793 Lincoln Green East Aldine $46-$95 $49.30 $34.50 -30.0% -10.4% OB 15 0% 73% 598 Lincoln Green Place Aldine $72-$102 $46.52 $36.37 -21.8% -9.1% IB 6 0% 69% 193 Lincoln Green South Aldine $32-$68 $35.25 $28.72 -18.5% -11.1% IB 5 0% 75% 188 Lindale Park (Galveston) Galveston $72-$154 $89.71 $105.74 17.9% OB 5 0% 17% 214 Lindale Park (Harris) Houston $114-$218 $120.64 $112.50 -6.7% 2.4% IL 18 0% 13% 1,085 Linkwood Houston $227-$688 $180.82 $160.83 -11.1% 4.0% IL 6 15% 0% 145 Linnfield Cy-Fair $123-$170 $71.53 $68.18 -4.7% 0.6% OB 9 0% 39% 318 Londonderry Klein $74-$147 $54.51 $55.59 2.0% -0.2% OB 24 0% 29% 442 Lone Oak Village Cy-Fair $145-$245 $67.14 $72.32 7.7% OB 7 32% 26% 359 Lone Star Ranch Conroe $32-$64 $29.37 $34.41 17.2% OB 16 0% 70% NALone Trail Village Dickinson $134-$171 $73.33 $71.16 -3.0% OB 6 89% 11% 68 Long Meadow Farms Lamar Cons. $162-$388 $82.03 $81.68 -0.4% OB 75 60% 11% 793 Long Point Woods Spring Branch $97-$253 $133.91 $97.98 -26.8% 2.1% IB 11 0% 12% 389 Longwood Village Cy-Fair $180-$346 $85.35 $85.13 -0.3% 1.4% OB 83 0% 4% 1,434 Lost Creek Lamar Cons. $129-$207 $71.62 $78.68 9.9% OB 51 66% 21% 300 Louetta Lakes Klein $148-$213 $76.09 $69.16 -9.1% OB 15 6% 10% 402 Louetta Woods Klein $135-$191 $70.70 $76.65 8.4% OB 7 0% 15% 130 MacGregor Place Houston $27-$70 $30.78 $23.90 -22.4% IL 7 0% 69% 305 Magnolia Creek Clear Creek $205-$363 $88.72 $90.25 1.7% 1.8% OB 76 58% 2% 679 Magnolia Estates (Galveston) Clear Creek $167-$203 $77.32 $80.84 4.6% OB 6 58% 4% 185 Magnolia Park (Harris) Houston $30-$99 $54.39 $54.17 -0.4% 0.9% IL 5 0% 32% 1,826 Magnolia Plantation Fort Bend $226-$286 $82.61 $79.57 -3.7% 0.6% OB 5 0% 0% 199 Mainland Park Texas City $43-$155 $51.41 $62.94 22.4% 2.7% OB 24 0% 27% 1,099 Mandell Place Houston $273-$979 $152.89 $239.62 56.7% IL 8 31% 15% 127 Mandolin Village Cy-Fair $162-$216 $78.51 $75.64 -3.7% OB 12 0% 4% 353 Mangum Manor Houston $110-$170 $94.67 $99.49 5.1% 3.1% IB 9 0% 13% 412 Manvel Outlots Alvin $79-$269 $91.97 $85.47 -7.1% 1.2% OB 9 7% 23% 244 Maple Ridge Place Aldine $99-$127 $54.56 $49.59 -9.1% IB 24 84% 13% 218 Maple Terrace Spring $104-$148 $71.18 $63.67 -10.6% OB 5 57% 29% 83 Maplewood Houston $192-$396 $109.18 $133.97 22.7% 6.7% IB 19 8% 0% 519 Maplewood North Houston $215-$632 $127.52 $129.43 1.5% 4.5% IB 6 8% 8% 181 Maplewood South Houston $185-$294 $98.43 $107.28 9.0% 5.6% IB 49 0% 9% 1,204 Maplewood West Houston $140-$227 $72.79 $65.26 -10.3% -2.6% IB 8 0% 5% 246 Mar Bella Clear Creek $175-$354 $90.76 $95.03 4.7% OB 64 94% 1% 177 Marbella Houston $141-$153 $64.95 $83.78 29.0% IB 10 100% 0% NAMarilyn Estates Houston $211-$371 $122.09 $122.59 0.4% 5.8% IB 14 0% 3% 438 Marina Bay Park Clear Creek $173-$279 $70.25 $77.82 10.8% 2.5% OB 13 0% 14% 355 Mason Lakes Katy $100-$153 $62.28 $66.94 7.5% OB 12 40% 36% 297 Mason Park Terrace Houston $61-$115 $66.16 $67.41 1.9% IL 6 0% 25% 340 Mayde Creek Farms Katy $67-$113 $51.90 $41.97 -19.1% -6.6% OB 7 0% 42% 222 Mayfair Park Fort Bend $35-$82 $41.23 $47.84 16.0% -6.1% OB 8 0% 50% 594 McKendree Park Cy-Fair $176-$234 $77.28 $80.34 4.0% OB 9 0% 27% 226 Meadow Bend Clear Creek $115-$167 $79.85 $85.42 7.0% 3.5% OB 61 0% 7% 1,305 Meadow Briar Houston $275-$360 $104.13 $92.73 -10.9% OB 6 0% 9% 120 Meadow Creek Village Houston $62-$149 $58.46 $63.72 9.0% IB 32 0% 24% 1,357 Meadow Crest Fort Bend $100-$150 $67.16 $64.77 -3.6% OB 7 56% 39% 111 Meadow Green Clear Creek $152-$181 $69.95 $70.66 1.0% OB 8 0% 6% 183 Meadow Hill Run Klein $108-$135 $82.20 $72.48 -11.8% OB 18 88% 6% 182 Meadow Lake Goose Creek $73-$139 $64.07 $61.55 -3.9% 1.2% OB 11 0% 21% 699 Meadow Village Alief, La Porte $75-$125 $57.89 $61.58 6.4% 0.2% OB 17 0% 29% 511 Meadow Wood Cy-Fair $79-$110 $58.23 $49.80 -14.5% OB 13 0% 81% 70 Meadowbrook (Harris) Houston $35-$112 $49.06 $44.44 -9.4% -8.0% IB 17 0% 41% 1,220 Meadowbrook Freeway Hou., Pasadena $63-$136 $50.73 $48.71 -4.0% -3.4% IB 12 0% 48% 483 Meadowcreek Fort Bend $72-$138 $45.86 $56.23 22.6% -0.3% OB 21 0% 32% 697 Meadowcrest (La Porte) La Porte $70-$120 $73.29 $58.89 -19.6% 0.2% OB 14 0% 43% 309 Meadowgreen Clear Creek $130-$165 $74.08 $72.98 -1.5% 1.1% OB 30 0% 5% 743 Meadowland Alvin $99-$120 $87.17 $85.62 -1.8% 2.6% OB 8 0% 6% 83 Meadows of Northwest Park Aldine $75-$119 $52.31 $59.19 13.2% -0.4% IB 10 0% 43% 518 Meadows of Parkway Lakes Lamar Cons. $145-$196 $78.20 $77.08 -1.4% OB 6 9% 18% 91 Meadowview Farms Aldine $73-$107 $50.00 $48.87 -2.3% OB 36 8% 72% 484 Meisterwood Cy-Fair $60-$128 $48.74 $43.13 -11.5% -6.7% OB 9 0% 38% 282 Melrose Park Houston $38-$95 $57.35 $36.78 -35.9% -10.2% IB 8 0% 32% 536 Memorial Bend Spring Branch $295-$854 $174.83 $182.80 4.6% 7.9% OB 22 16% 0% 356 Memorial Chase Klein $70-$125 $60.10 $60.61 0.8% -0.6% OB 45 0% 32% 856 Memorial Creek Klein $138-$230 $66.40 $65.19 -1.8% 2.6% OB 10 0% 16% 260 Memorial Creek Estates Klein $186-$260 $66.30 $66.69 0.6% OB 9 0% 5% 234 Memorial Drive Acres Spring Branch $268-$416 $120.56 $120.18 -0.3% OB 6 0% 8% 109 Memorial Forest Spring Branch $459-$822 $220.22 $211.27 -4.1% 5.7% IB 19 9% 0% 278 Memorial Glen (Houston) Spring Branch $450-$1,139 $213.63 $197.63 -7.5% OB 6 15% 0% 169 Memorial Hills Aldine $70-$110 $47.23 $38.84 -17.8% -6.6% OB 7 0% 46% 274 Memorial Hollow Spring Branch $352-$670 $203.34 $175.53 -13.7% 5.5% IB 6 5% 0% 230 Memorial Northwest Klein $134-$305 $59.78 $53.81 -10.0% -0.8% OB 76 0% 21% 2,084 Memorial Park Village Houston $227-$255 $139.14 $150.30 8.0% IL 8 8% 8% 49 Memorial Parkway Katy $91-$152 $59.28 $59.77 0.8% 0.6% OB 109 0% 14% 2,380 Memorial Plaza Spring Branch $286-$598 $151.39 $165.69 9.4% 6.0% OB 6 8% 0% 225 Memorial Springs Klein $128-$179 $65.59 $66.49 1.4% 0.7% OB 55 40% 14% 781 Memorial Thicket Houston, Katy $358-$506 $112.58 $113.46 0.8% OB 7 0% 0% 156 Meredith Manor Houston $28-$79 $26.78 $31.05 15.9% -10.8% IB 9 0% 63% 453 Meyerland (Harris) Houston $252-$550 $148.97 $148.68 -0.2% 5.7% IB 86 6% 4% 2,283 Middlebrook Clear Creek $129-$167 $79.04 $81.61 3.3% 2.6% OB 42 0% 1% 990 Middlecreek Village Klein $150-$180 $67.89 $68.10 0.3% OB 10 81% 6% 62 Milby Dale Goose Creek $52-$108 $53.74 $55.40 3.1% 1.8% OB 10 0% 20% 231 Mill Creek Aldine $51-$99 $43.23 $44.86 3.8% -3.8% OB 10 0% 48% 280 Mill Ridge North Cy-Fair $107-$167 $58.99 $63.17 7.1% 0.6% OB 21 0% 15% 513 Mills Landing Cy-Fair $126-$150 $72.12 $79.25 9.9% OB 7 80% 0% 88 Mills Pointe Katy $132-$175 $68.44 $81.55 19.2% OB 5 0% 18% 107 Miramar (Harris) Clear Creek $38-$110 $47.99 $35.66 -25.7% -10.9% OB 19 0% 17% 275 Miramar Lake Klein $137-$205 $60.00 $50.02 -16.6% OB 8 32% 40% 242 Mission Bend (Ft. Bend) Fort Bend $58-$107 $49.54 $44.51 -10.2% -6.0% OB 21 0% 35% 803 Mission Bend (Harris) Alief $56-$126 $46.07 $40.90 -11.2% -7.1% OB 70 0% 51% 1,525 Mission Bend Cabildo Square Alief $64-$136 $39.02 $43.46 11.4% -4.0% OB 13 0% 65% 244 Mission Bend Los Patios Alief $59-$110 $37.17 $45.77 23.1% -6.2% OB 10 0% 41% 179 Mission Bend Mission Leona Alief $90-$152 $51.63 $43.62 -15.5% -6.2% OB 11 0% 36% 323 Mission Bend North Alief $50-$93 $41.37 $49.08 18.6% -5.2% OB 15 0% 53% 423 Mission Bend San Gabriel Alief $45-$112 $41.60 $50.94 22.5% -5.5% OB 11 0% 67% 167 Mission Bend San Miguel Fort Bend $59-$114 $56.62 $53.26 -5.9% -3.0% OB 32 0% 39% 1,068 Mission Bend South Fort Bend $60-$110 $45.75 $65.12 42.3% 0.9% OB 23 0% 37% 753 Mission Estates Friendswood $155-$213 $77.80 $73.35 -5.7% 3.2% OB 11 0% 8% 248 Mission Glen Fort Bend $55-$126 $55.59 $54.21 -2.5% -5.5% OB 34 0% 46% 813 Mission Glen Estates Fort Bend $118-$155 $58.90 $56.72 -3.7% -1.5% OB 10 0% 21% 410 Mission Oaks Fort Bend $94-$151 $64.50 $61.62 -4.5% OB 7 0% 50% 233 Mission Sierra Fort Bend $153-$228 $74.81 $76.38 2.1% OB 10 95% 5% 240 Mission West Fort Bend $49-$87 $53.01 $45.04 -15.0% -8.7% OB 22 0% 51% 673 Montgomery Creek Ranch Conroe $113-$157 $51.16 $51.08 -0.2% OB 35 94% 1% 255 Montgomery Trace Conroe, Mont. $230-$386 $99.91 $103.05 3.1% 3.8% OB 18 19% 17% 344 Monticello Houston $561-$1,343 $278.80 $291.90 4.7% 6.5% IL 16 20% 0% 448 Montrose Houston $287-$667 $186.67 $177.65 -4.8% 4.6% IL 18 0% 3% 378 Morgan’s Landing Alvin $118-$145 $79.84 $81.82 2.5% 0.3% OB 6 31% 19% 63 Morningside Place Houston $64-$124 $52.27 $51.67 -1.1% -1.6% IB 17 0% 56% 451 Morton Ranch Katy $109-$165 $65.22 $57.90 -11.2% OB 38 77% 34% 390 Mostyn Manor Magnolia $249-$353 $95.60 $96.56 1.0% 1.0% OB 17 35% 4% 124 Mount Royal Village Aldine $84-$148 $77.17 $60.58 -21.5% IB 18 52% 69% 240

HOME PRICE SURVEY, continues on Page D6



Mustang Crossing Alvin $122-$159 $77.87 $72.12 -7.4% OB 28 88% 18% NANassau Bay Clear Creek $134-$268 $81.78 $77.98 -4.6% 0.1% OB 23 0% 13% 784 New Bayou Vista La Marque $127-$284 $133.40 $118.52 -11.2% 1.7% OB 42 5% 9% 1,049 New Forest West Galena Park $126-$241 $64.73 $60.16 -7.1% IB 11 78% 17% 125 New Territory Parcel C-60C-9 Fort Bend $155-$188 $81.55 $87.69 7.5% OB 10 0% 13% 189 New Territory Parcel MCU-7 Fort Bend $159-$215 $81.76 $84.65 3.5% OB 9 0% 19% 129 New Territory Parcel SF-13 Fort Bend $441-$745 $131.23 $121.25 -7.6% OB 5 0% 0% 104 New Territory Parcel SF-34 Fort Bend $197-$250 $84.67 $80.01 -5.5% OB 8 0% 0% 143 New Territory Parcel SF-35 Fort Bend $159-$194 $77.68 $82.67 6.4% OB 9 0% 12% 180 New Territory Parcel SF-36B Fort Bend $180-$234 $88.50 $79.58 -10.1% OB 5 0% 0% 169 New Territory Parcel SF-37 Fort Bend $165-$206 $84.30 $83.90 -0.5% OB 10 0% 0% 168 Newport (Galveston) Clear Creek $88-$133 $74.48 $69.57 -6.6% 1.0% OB 21 0% 16% 631 Newport (Harris) Crosby $79-$160 $63.94 $65.47 2.4% 2.5% OB 116 15% 28% 2,708 Nicholstone Dickinson $35-$146 $55.31 $40.31 -27.1% -7.6% OB 17 0% 44% 655 Norchester Cy-Fair $109-$181 $55.15 $52.50 -4.8% -1.4% OB 30 0% 23% 603 Norhill Houston $235-$623 $239.98 $215.53 -10.2% 5.8% IL 19 7% 0% 335 Normandy Forest Klein $134-$218 $60.24 $67.26 11.7% 2.1% OB 17 20% 15% 530 North Belt Forest Humble $18-$50 $19.00 $18.97 -0.2% OB 5 0% 55% NANorth Forest (Harris) Spring $54-$96 $46.29 $50.66 9.4% OB 20 0% 40% 491 North Hill Estates Spring $127-$181 $63.62 $60.58 -4.8% -0.4% OB 10 0% 10% 461 North Hollow Estates Humble $90-$176 $63.21 $58.86 -6.9% 0.2% OB 5 10% 20% 182 North Kingwood Forest Humble $102-$136 $48.47 $47.28 -2.5% OB 6 35% 45% 75 North Norhill Houston $180-$340 $227.68 $226.38 -0.6% 6.3% IL 32 0% 7% 528 North Pointe Trails Alvin $130-$159 $85.52 $83.93 -1.9% OB 8 93% 8% 50 North Spring Spring $55-$125 $54.35 $51.83 -4.6% -2.7% OB 56 0% 41% 1,228 North Spring U/R Spring $50-$93 $43.85 $38.79 -11.5% -8.2% OB 17 0% 44% 263 North Star Estates Tomball $170-$327 $75.09 $80.00 6.5% 0.1% OB 7 19% 19% 181 North View Spring $60-$102 $49.48 $50.57 2.2% -4.9% OB 8 0% 67% 497 North View West Spring $65-$100 $48.17 $47.01 -2.4% -4.3% OB 21 0% 50% 340 Northampton Klein $128-$224 $63.25 $61.91 -2.1% 0.0% OB 26 0% 17% 1,075 Northampton Estates Klein $238-$444 $89.15 $83.99 -5.8% 1.2% OB 8 0% 11% 238 Northborough Village Spring $64-$92 $45.87 $41.01 -10.6% OB 26 0% 86% 164 Northcliffe Klein $50-$97 $47.34 $40.75 -13.9% -6.4% OB 8 0% 40% 533 Northcliffe Manor Klein, Spring $40-$90 $48.95 $48.91 -0.1% -7.0% OB 28 0% 59% 948 Northcrest Ranch Splendora $234-$396 $110.18 $106.08 -3.7% 5.0% OB 9 0% 0% 338 Northcrest Village Klein $135-$250 $70.70 $73.44 3.9% OB 45 89% 4% 214 Northern Point Klein $81-$129 $54.88 $56.37 2.7% OB 42 28% 43% 501 Northfork Clear Creek $188-$255 $84.99 $81.80 -3.8% 1.4% OB 29 0% 0% 1,038 Northglen Cy-Fair $41-$99 $56.16 $52.40 -6.7% -3.1% OB 66 1% 35% 1,762 Northlake Forest Cy-Fair $170-$310 $72.76 $77.32 6.3% 2.3% OB 16 0% 12% 437 Northline Terrace Aldine, Houston $48-$105 $59.86 $58.28 -2.6% -3.7% IB 20 0% 30% 974 Northpointe East Klein $109-$165 $62.61 $61.42 -1.9% -1.1% OB 29 3% 16% 480 Northridge Park Spring $83-$115 $55.17 $43.37 -21.4% OB 5 0% 73% 228 Northridge Park West Spring $85-$118 $50.89 $43.35 -14.8% -7.7% OB 16 0% 75% 363 Northshire Humble $75-$135 $60.72 $54.79 -9.8% -1.3% OB 19 0% 11% 388 Northside Texas City $50-$109 $69.42 $67.56 -2.7% 1.7% OB 13 0% 29% 536 Northview Place Spring $80-$130 $50.11 $49.62 -1.0% 0.6% OB 12 58% 28% 564 Northwest Park Aldine $49-$98 $45.38 $40.39 -11.0% -7.1% IB 51 0% 50% 1,869 Northwest Park Place Aldine $76-$129 $43.62 $43.84 0.5% IB 8 0% 76% 367 Northwood Estates Brazosport $280-$426 $116.80 $118.31 1.3% 1.4% OB 6 36% 0% 139 Northwood Manor North Forest $25-$70 $28.30 $28.95 2.3% IB 11 0% 62% 1,847 Northwood Pines Spring $90-$129 $51.16 $59.96 17.2% -0.6% OB 18 0% 45% 388 Nottingham (Harris) Spring Branch $290-$520 $152.11 $152.24 0.1% 7.0% OB 16 0% 0% 478 Nottingham Country (Harris) Katy $143-$274 $72.43 $74.40 2.7% 3.8% OB 89 0% 7% 2,532 Nottingham Forest Spring Branch $308-$530 $142.21 $132.28 -7.0% 3.0% OB 38 0% 1% 933 Nottingham West Spring Branch $212-$580 $131.31 $125.25 -4.6% 4.1% OB 15 16% 6% 349 Oak Cliff Place Cy-Fair $70-$113 $54.50 $58.16 6.7% 0.0% OB 12 0% 25% 489 Oak Creek Clear Creek $218-$268 $87.11 $83.93 -3.7% OB 7 8% 8% 172 Oak Creek Village Spring $82-$160 $52.01 $56.74 9.1% -0.1% OB 44 0% 20% 660 Oak Forest (Brazoria) Brazosport $138-$224 $76.66 $75.09 -2.0% OB 5 0% 6% 472 Oak Forest (Harris) Houston $125-$309 $128.76 $137.80 7.0% 6.9% IB 235 7% 5% 5,485 Oak Hill Estates Aldine $32-$76 $30.91 $27.78 -10.1% OB 5 0% 20% 102 Oak Lake Estates Fort Bend $147-$189 $67.55 $71.38 5.7% 1.8% OB 12 0% 22% 259 Oak Landing Cy-Fair $118-$163 $62.33 $66.89 7.3% OB 52 77% 17% 242 Oak Meadows Houston, Pasadena $42-$99 $55.30 $44.12 -20.2% -7.4% IB 22 0% 40% 1,450

Oak Park Ridge Alief $108-$143 $54.20 $53.78 -0.8% -4.4% OB 16 19% 51% 221 Oak Park Trails Katy $137-$200 $69.45 $66.76 -3.9% 1.4% OB 45 0% 16% 891 Oak Ridge Meadows Clear Creek $242-$275 $76.32 $72.24 -5.3% OB 7 92% 0% NAOak Ridge North Conroe $119-$279 $71.21 $66.08 -7.2% -0.3% OB 37 3% 15% 1,273 Oak Ridge Place Katy $135-$206 $57.22 $58.88 2.9% 1.6% OB 31 47% 16% 400 Oak Tree Conroe $188-$237 $93.63 $95.00 1.5% OB 7 100% 0% NAOakbrook (Brazoria) Pearland $143-$180 $68.97 $67.79 -1.7% 0.9% OB 13 0% 6% 249 Oakbrook Estates Pearland $154-$196 $76.60 $75.11 -1.9% 1.6% OB 37 53% 1% 374 Oakbrook West Clear Creek $138-$189 $68.01 $70.31 3.4% 1.4% OB 24 0% 6% 860 Oakhurst Fairways New Caney $210-$272 $76.59 $73.53 -4.0% OB 9 7% 7% 141 Oakridge Forest Conroe $99-$168 $63.66 $61.08 -4.1% OB 17 0% 43% 224 Oaks of Alcorn Fort Bend $328-$410 $107.14 $113.85 6.3% 6.4% OB 15 0% 3% 262 Oaks of Atascocita Humble $97-$188 $56.10 $52.14 -7.1% -0.3% OB 45 0% 22% 980 Oaks of Devonshire Klein $150-$210 $59.94 $64.04 6.8% 2.0% OB 11 0% 9% 270 Oaks of Inwood Aldine $79-$178 $51.87 $41.59 -19.8% -8.2% IB 9 0% 41% 300 Oakwilde Aldine $50-$95 $59.60 $54.24 -9.0% -4.0% IB 6 0% 28% 998 Oakwood Forest Cy-Fair $130-$203 $66.90 $67.15 0.4% -2.2% IB 6 0% 15% 204 Oakwood Glen Klein $63-$125 $55.19 $53.08 -3.8% -2.1% OB 34 0% 26% 903 Oakwood Glen West Klein $86-$131 $59.55 $55.26 -7.2% -0.5% OB 8 6% 22% 271 Old Bridge Lake Klein $76-$133 $56.58 $38.60 -31.8% OB 8 0% 33% 102 Old Orchard Fort Bend $190-$399 $82.20 $81.08 -1.4% OB 90 99% 0% 188 Old River Terrace Channelview $42-$180 $77.67 $59.32 -23.6% -1.8% OB 11 0% 20% 628 Olde Oaks (Harris) Spring $111-$224 $54.30 $55.21 1.7% -0.1% OB 103 1% 26% 1,441 Olde Oaks (Montgomery) Willis $79-$124 $51.64 $61.08 18.3% OB 10 4% 71% 96 Olive Hill Court Houston $261-$297 $102.37 $110.99 8.4% OB 14 84% 0% 39 Olympia Estates Fort Bend $129-$171 $66.50 $63.40 -4.7% OB 17 25% 28% 222 Omega Bay (Numbered) La Marque $145-$277 $143.22 $123.91 -13.5% OB 5 0% 13% 183 Ormond Place Houston $507-$1,903 $214.38 $315.06 47.0% IL 5 0% 0% 80 Overbrook Houston $29-$69 $30.81 $39.24 27.4% IB 10 0% 60% 800 Oyster Creek Plantation Fort Bend $165-$216 $78.24 $75.46 -3.6% 2.1% OB 12 0% 4% 202 Oyster Point Fort Bend $366-$517 $123.12 $111.40 -9.5% OB 6 0% 8% 116 Paddock Cy-Fair $60-$93 $54.91 $55.46 1.0% -3.0% OB 12 0% 44% 452 Painted Meadows Santa Fe $125-$186 $76.32 $79.17 3.7% OB 12 47% 31% 142 Palmer Plant. at Lk Olympia Fort Bend $127-$161 $62.24 $63.84 2.6% 0.1% OB 11 0% 12% 72 Pamela Heights Houston $37-$77 $28.19 $35.23 25.0% IB 9 0% 67% 405 Panorama-Hiwon Willis $118-$189 $70.77 $72.12 1.9% 2.5% OB 7 0% 11% 211 Panther Oaks Alief $74-$96 $40.21 $41.88 4.2% OB 17 0% 92% NAPanther Point Alief $75-$108 $55.82 $47.35 -15.2% OB 6 0% 69% 40 Park at Atascocita Forest Humble $130-$161 $61.56 $64.59 4.9% 1.3% OB 10 0% 17% 205 Park at Cedar Landing Cy-Fair $130-$148 $78.62 $81.76 4.0% OB 8 100% 0% 47 Park at Clearview Houston $196-$215 $126.71 $115.67 -8.7% IB 11 87% 4% 72 Park at Glen Arbor Tomball $158-$249 $66.74 $74.76 12.0% 1.9% OB 12 0% 4% 285 Park at Kings Manor New Caney $114-$130 $59.29 $73.88 24.6% OB 8 0% 0% 90 Park at Meadowhill Run Klein $85-$115 $82.77 $67.20 -18.8% OB 26 88% 10% 72 Park at Mission Glen Fort Bend $116-$169 $52.59 $55.15 4.9% OB 11 0% 64% 248 Park at Northgate Crossing Spring $116-$155 $56.24 $53.30 -5.2% 0.4% OB 31 72% 13% 429 Park at Oakhurst New Caney $176-$204 $82.51 $74.15 -10.1% OB 13 29% 10% 251 Park at Prince Houston $222-$273 $134.39 $131.29 -2.3% IL 7 62% 0% 41 Park Creek Cy-Fair $124-$175 $73.39 $75.40 2.7% OB 28 75% 20% 219 Park Meadows - Deer Park Deer Park $94-$140 $75.34 $74.85 -0.7% 0.7% OB 18 0% 22% 687 Park on Clear Creek Clear Creek $253-$373 $91.15 $83.82 -8.0% OB 11 60% 0% 169 Park Place - Deer Park Deer Park $117-$250 $83.44 $91.42 9.6% 7.5% OB 12 0% 4% 755 Park Pointe Fort Bend $145-$197 $64.29 $63.44 -1.3% 0.9% OB 19 0% 26% 387 Park Ridge Estates Pasadena $137-$171 $80.14 $84.57 5.5% IB 5 0% 0% 222 Park Spring Spring $80-$135 $65.18 $47.20 -27.6% OB 34 32% 61% 262 Park Village Estates Pearland $139-$155 $73.54 $77.28 5.1% 1.4% OB 18 0% 9% 337 Parkgate Pasadena $108-$149 $71.94 $72.23 0.4% 1.0% IB 14 0% 21% 645 Parkglen - Alief Alief $65-$113 $56.02 $56.10 0.1% -3.2% OB 12 0% 36% 630 Parkglen - Deer Park Deer Park $96-$173 $72.03 $82.34 14.3% 4.3% OB 6 0% 8% 186 Parkglen West Alief $59-$108 $47.21 $53.61 13.6% OB 18 0% 39% 718 Parkhollow Place Alief $70-$154 $50.82 $42.91 -15.6% -5.6% OB 20 0% 44% 515 Parklake Village Katy $291-$740 $94.27 $98.41 4.4% OB 8 17% 50% 95 Parkland Place Aldine $92-$147 $62.13 $61.33 -1.3% IB 17 53% 38% 215 Parkland Village Pasadena $61-$99 $76.20 $79.53 4.4% 0.1% IB 15 0% 27% 356 Parkridge Alief $79-$134 $63.11 $61.76 -2.1% -0.8% OB 13 0% 19% 385 Parks at Walnut Bend Pearland $142-$177 $76.30 $75.13 -1.5% -1.2% OB 17 22% 29% 237 Parkside at Kingwood Glen Humble $114-$123 $67.40 $74.26 10.2% 2.0% OB 7 0% 0% 142 Parkside at Perry Cy-Fair $80-$109 $60.19 $53.85 -10.5% -4.9% OB 7 0% 53% 168 Parkside of Panorama Willis $131-$158 $87.56 $84.42 -3.6% OB 10 0% 20% 88 Parkview Pearland $101-$137 $75.44 $71.99 -4.6% 0.9% OB 10 0% 25% 352 Parkview Estates Deer Park, Pasadena $115-$151 $67.74 $63.29 -6.6% 0.1% IB 12 0% 20% 341 Parkview South Pasadena $68-$140 $64.88 $66.03 1.8% -0.9% IB 12 0% 36% 473 Parkway Forest Sheldon $45-$93 $43.10 $55.29 28.3% IB 14 0% 49% 856 Parkway Lakes Lamar Cons. $152-$266 $71.97 $60.68 -15.7% OB 23 45% 42% 197 Parkway Oaks Katy $145-$175 $78.98 $77.35 -2.1% OB 30 44% 8% 389 Parkway Trails Fort Bend $120-$172 $66.44 $65.80 -1.0% OB 14 100% 0% 92 Parkway Villages Houston $293-$526 $134.99 $132.25 -2.0% 1.6% OB 33 0% 3% 575 Parkway West Katy $44-$78 $51.17 $45.80 -10.5% -8.0% OB 6 0% 62% 257 Parkwest (Harris) Houston $118-$267 $97.10 $93.52 -3.7% 6.2% IB 40 0% 8% 955 Parkwood Deer Park, Houston $45-$100 $61.67 $68.32 10.8% 1.5% IB 5 0% 20% 481 Parkwood East North Forest $33-$77 $24.95 $26.54 6.4% IB 6 0% 69% 226 Pasadena Oaks Pasadena $61-$118 $65.26 $56.16 -13.9% 1.8% IB 12 0% 28% 372 Peaceful Valley Houston $311-$1,038 $190.89 $184.60 -3.3% 2.6% IB 14 22% 4% 278 Pearland Park Estates Pearland $224-$274 $78.64 $69.32 -11.9% OB 10 61% 13% 109 Pecan Crossing La Porte $137-$159 $80.47 $80.32 -0.2% 3.1% OB 18 0% 7% 253 Pecan Grove Plantation Fort Bend $152-$303 $78.50 $76.66 -2.3% 2.1% OB 88 0% 15% 2,057 Pecan Lakes Lamar Cons. $144-$190 $70.44 $79.06 12.2% 1.5% OB 14 0% 15% 327 Pemberton Circle Houston $316-$425 $136.42 $132.19 -3.1% IL 6 0% 0% 67 Pemberton Crescent Houston $332-$395 $139.95 $147.40 5.3% IL 9 100% 0% 38 Peninsulas at Lake Olympia Fort Bend $196-$529 $89.95 $75.84 -15.7% OB 7 0% 23% 114 Pheasant Creek Fort Bend $68-$135 $68.83 $64.19 -6.7% -2.4% OB 16 0% 27% 754 Pheasant Run Alief $61-$114 $47.80 $41.34 -13.5% -6.4% OB 11 0% 50% 540


Pheasant Run Village Alief $68-$115 $52.41 $53.54 2.2% -2.4% OB 9 0% 29% 262 Pheasant Trace Village Alief $75-$165 $59.88 $54.08 -9.7% -3.0% OB 9 0% 30% 340 Pierce Junction Village Houston $104-$143 $56.50 $74.06 31.1% IB 5 94% 7% 89 Pin Oak (Montgomery) Willis $28-$45 $26.79 $25.22 -5.9% 0.9% OB 7 0% 50% NAPin Oak Village Katy $212-$347 $79.44 $76.28 -4.0% 2.8% OB 19 0% 0% 443 Pine Brook Clear Creek $281-$420 $100.69 $101.61 0.9% 2.4% OB 30 0% 0% 1,026 Pine Forest Green Cy-Fair $152-$194 $79.34 $73.40 -7.5% OB 14 94% 6% 125 Pine Hollow (Brazoria) Pearland $159-$228 $67.59 $62.89 -7.0% 1.2% OB 13 3% 14% 458 Pine Lakes Katy $131-$186 $77.96 $76.71 -1.6% OB 9 31% 13% 153 Pine Mill Ranch Katy $166-$346 $76.47 $77.73 1.6% OB 100 96% 1% 277 Pine Ridge Terrace Houston $390-$595 $163.64 $126.54 -22.7% IB 6 55% 0% NAPine Terrace Spring Branch $67-$189 $101.58 $97.78 -3.7% 4.2% IB 7 0% 17% 388 Pine Trails Galena Park $48-$90 $42.75 $47.18 10.4% -1.6% IB 31 0% 48% 1,829 Pinecrest Forest Klein $104-$143 $63.55 $62.94 -1.0% 0.5% OB 36 0% 23% 650 Pinehurst of Atascocita Humble $123-$225 $60.27 $62.16 3.1% 1.3% OB 64 2% 21% 1,517 Pinelakes Pinaster Pointe Klein $161-$223 $69.68 $66.52 -4.5% OB 9 0% 6% 172 Pines of Atascocita Humble $76-$148 $59.48 $61.67 3.7% 0.2% OB 21 0% 30% 432 Pinewood Forest Conroe $80-$130 $45.72 $47.70 4.3% OB 5 45% 40% 60 Piney Point (Harris) La Porte $193-$262 $68.93 $68.30 -0.9% OB 7 13% 31% 106 Piney Point (Montgomery) Conroe $105-$129 $80.04 $75.43 -5.8% OB 5 93% 0% 72 Pipers Meadow Clear Creek $100-$138 $79.75 $82.03 2.9% 1.9% OB 35 0% 16% 931 Pirates Beach Galveston $241-$559 $198.16 $184.36 -7.0% OB 32 7% 3% 684 Pirates Cove Galveston $280-$1,197 $246.81 $198.62 -19.5% OB 10 0% 5% 545 Plainview (Harris) Houston $261-$726 $219.41 $207.51 -5.4% IL 6 8% 18% 146 Plantation at Woodforest Galena Park $138-$196 $57.52 $60.66 5.5% -0.4% IB 9 0% 42% 322 Plantation Bend Fort Bend $233-$292 $88.06 $92.80 5.4% 3.3% OB 9 0% 0% 375 Plantation Creek Fort Bend $164-$220 $85.69 $78.79 -8.1% 2.2% OB 23 0% 4% 436 Plantation Lakes Cy-Fair $79-$156 $57.99 $57.97 0.0% OB 77 39% 46% 641 Plantation Trls at First Col. Fort Bend $185-$255 $66.41 $67.82 2.1% -1.8% OB 7 0% 41% 204 Plantation Village Brazosport $88-$194 $87.56 $72.77 -16.9% 0.7% OB 12 0% 17% 461 Plaza Del Sol Houston $125-$154 $107.68 $111.48 3.5% IL 5 0% 45% 49 Pleasantville Houston $19-$78 $33.14 $18.96 -42.8% -17.0% IL 10 5% 58% 733 Plumwood Goose Creek $67-$102 $52.26 $56.05 7.3% -0.7% OB 7 0% 31% 311 Point Aquarius Willis $125-$456 $85.02 $87.86 3.3% 3.4% OB 35 16% 1% 644 Pointe West Galveston $210-$437 $190.06 $151.92 -20.1% OB 7 14% 42% 63 Ponderosa Forest Spring $94-$187 $51.44 $49.27 -4.2% -2.0% OB 61 0% 25% 1,300 Post Oak Manor Houston $141-$203 $115.90 $101.69 -12.3% 1.3% IB 25 0% 2% 504 Post Oak Place Houston $77-$124 $57.30 $49.11 -14.3% IB 22 5% 63% 533 Post Oak Plaza Houston $718-$1,575 $220.05 $185.54 -15.7% IB 6 9% 0% 112 Post Oak Terrace Houston $313-$1,103 $199.94 $203.79 1.9% 6.2% IL 6 39% 0% 293 Post Oak Village Houston $26-$76 $41.51 $23.41 -43.6% IB 5 0% 60% 272 Post Wood Spring $34-$109 $45.94 $35.91 -21.8% -7.8% OB 60 0% 53% 1,078 Preserve Klein $230-$384 $71.17 $74.92 5.3% OB 14 15% 44% 171 Prestonwood Forest Cy-Fair $104-$161 $56.66 $57.36 1.2% 0.3% OB 17 0% 26% 784 Prestonwood Park Cy-Fair $110-$149 $53.36 $64.46 20.8% OB 13 0% 56% 152 Princeton Place Klein $125-$162 $65.57 $68.35 4.2% OB 15 63% 18% 171 Providence Fort Bend $107-$153 $60.35 $57.94 -4.0% -1.4% OB 19 0% 27% 660 Quail Forest Cy-Fair $136-$222 $70.14 $64.28 -8.4% -0.1% OB 15 0% 17% 278 Quail Glen Fort Bend $50-$84 $37.60 $32.04 -14.8% -11.5% OB 16 0% 72% 544 Quail Green Fort Bend $67-$128 $50.46 $53.51 6.0% OB 11 0% 48% 447 Quail Green West Fort Bend $50-$117 $47.32 $46.84 -1.0% -7.3% OB 30 0% 65% 740 Quail Hollow Goose Creek $69-$103 $49.90 $61.14 22.5% 0.5% OB 13 0% 27% 412 Quail Park Patio Homes Fort Bend $113-$160 $61.01 $60.24 -1.3% OB 5 0% 30% 101 Quail Run Fort Bend $57-$96 $37.04 $39.15 5.7% -7.1% OB 18 0% 63% 994 Quail Valley East Fort Bend $62-$117 $44.68 $49.17 10.0% -3.4% OB 40 0% 38% 1,047 Quail Valley Eldorado Fort Bend $105-$229 $60.17 $59.55 -1.0% -2.3% OB 20 2% 24% 487 Quail Valley Glenn Lakes Fort Bend $130-$213 $60.75 $64.27 5.8% 0.3% OB 24 0% 18% 672 Quail Valley La Quinta Fort Bend $111-$225 $56.93 $58.85 3.4% -1.0% OB 10 0% 16% 285 Quail Valley Thunderbird Fort Bend $134-$225 $63.97 $59.68 -6.7% -2.8% OB 10 0% 20% 453 Quail Valley Thunderbird N. Fort Bend $69-$123 $46.52 $51.97 11.7% -2.9% OB 17 0% 41% 581 Quail Vall. Thunderbird Patio Fort Bend $121-$162 $54.81 $63.43 15.7% 1.0% OB 9 0% 21% 233 Quail Vall. Thunderbird W. Fort Bend $89-$162 $60.24 $63.82 5.9% 1.5% OB 14 0% 15% 413 Q.Vall. Thunderbird W. Crtyrd Fort Bend $72-$160 $58.42 $56.56 -3.2% -2.6% OB 6 0% 29% 141 Ragus Lake Estates Fort Bend $89-$135 $84.38 $79.91 -5.3% 0.6% OB 5 0% 19% 228 Raintree Village Katy $80-$152 $64.08 $56.71 -11.5% -1.5% OB 50 22% 34% 1,208 Ranch Country Waller $34-$85 $45.65 $33.30 -27.1% -8.5% OB 37 0% 64% 794 Ranch Crest Magnolia $41-$189 $59.96 $78.35 30.7% 22.4% OB 10 5% 32% 128 Rancho Isabella Angleton $89-$134 $83.56 $80.54 -3.6% 2.8% OB 6 0% 7% 449 Rancho Verde Channelview $111-$150 $60.18 $64.94 7.9% OB 21 33% 30% 231 Ravensway Cy-Fair $83-$171 $63.06 $65.81 4.4% 1.6% OB 7 0% 24% 313 Ravensway Lake Cy-Fair $135-$222 $58.64 $74.45 27.0% OB 5 0% 50% 123 Ravensway South Cy-Fair $118-$135 $71.08 $64.39 -9.4% 0.2% OB 6 0% 7% 248 Red Bluff Terrace Pasadena $35-$82 $50.76 $42.41 -16.4% -5.8% IB 26 2% 51% 1,628 Reedwoods Houston $26-$108 $46.14 $53.00 14.9% IB 12 9% 30% 483 Reflections Houston $192-$266 $83.49 $86.72 3.9% 1.7% OB 6 0% 0% 188 Regal Oaks Houston $70-$135 $70.38 $51.55 -26.8% IB 41 35% 56% 435 Regency Estates Friendswood $132-$178 $87.91 $93.44 6.3% 3.3% OB 13 0% 8% 282 Regency Park (Harris) Deer Park $111-$156 $83.43 $83.90 0.6% 3.7% OB 10 0% 6% 324 Remington Grove Cy-Fair $78-$121 $57.14 $56.01 -2.0% OB 35 27% 46% 336 Remington Ranch Spring $66-$127 $47.42 $47.50 0.2% OB 121 29% 53% 1,571 Reserve at Cypress Creek Cy-Fair $168-$211 $72.19 $74.09 2.6% OB 12 38% 19% 159 Revelon Terrace Pasadena $39-$88 $35.09 $43.80 24.8% -5.3% IB 7 0% 60% 373 Rhodes Landing Klein $96-$125 $58.84 $54.75 -7.0% -4.8% OB 9 0% 43% 192 Riata Ranch Cy-Fair $132-$216 $66.18 $68.09 2.9% 0.5% OB 59 0% 17% 997 Riata West Cy-Fair $110-$148 $70.72 $74.94 6.0% OB 9 84% 5% 87 Rice Court Houston $528-$1,024 $298.81 $278.77 -6.7% 5.7% IL 14 5% 0% 348 Rice Military Houston $309-$649 $177.49 $149.25 -15.9% -0.9% IL 15 29% 11% 412 Ricewood Village Cy-Fair $109-$161 $52.89 $54.60 3.2% OB 33 87% 9% 316 Richmond Place (Harris) Houston $286-$413 $199.54 $199.88 0.2% IL 5 0% 0% 116 Richmond Plaza Houston $312-$819 $194.81 $195.21 0.2% 6.1% IB 8 47% 0% 211 Ridgecrest (Harris) Spring Branch $68-$138 $70.87 $75.06 5.9% 2.0% IB 6 0% 24% 622 Ridgegate Fort Bend $36-$97 $42.75 $29.37 -31.3% OB 16 0% 54% 652 Ridgelake Shores Conroe $201-$347 $91.76 $88.48 -3.6% OB 12 35% 25% 150 Ridgemont Fort Bend $27-$89 $34.65 $29.60 -14.6% -12.7% OB 28 0% 56% 1,908 Ridgewood (Harris) Houston $119-$421 $179.43 $202.74 13.0% IL 10 0% 4% 183 Rio Vista Lamar Cons. $120-$176 $88.71 $81.68 -7.9% OB 16 97% 3% 103 River Mist Pearland $127-$155 $67.89 $78.24 15.2% 0.9% OB 12 0% 6% 246 River Oaks Houston $772-$2,798 $360.97 $359.52 -0.4% 6.6% IL 42 11% 7% 1,272 River Plantation Conroe $112-$240 $69.98 $58.55 -16.3% 1.0% OB 39 11% 15% 1,238 Riverchase Humble $260-$400 $86.88 $88.56 1.9% 1.9% OB 33 0% 6% 466 Riverpark Lamar Cons. $151-$245 $63.20 $64.71 2.4% -0.1% OB 48 0% 30% 1,185 Riverpark West Lamar Cons. $165-$309 $71.68 $72.69 1.4% 1.0% OB 66 54% 14% 683 Rivers Edge Lamar Cons. $165-$339 $75.43 $74.92 -0.7% OB 33 66% 9% 453 Rivers Mist Lamar Cons. $213-$283 $64.38 $74.50 15.7% OB 14 100% 0% NARivershire Conroe $110-$170 $64.50 $61.64 -4.4% 0.3% OB 24 0% 18% 561 Riverside Terrace (Harris) Houston $75-$360 $64.23 $62.61 -2.5% -2.5% IL 19 2% 35% 1,334 Riverstone Ranch Pasadena $135-$185 $73.74 $72.81 -1.3% -0.1% OB 31 1% 28% 880 Riverwalk (Brazoria) Pearland $94-$137 $77.10 $83.26 8.0% -0.6% OB 6 0% 27% 125 Riverwalk (Montgomery) New Caney $185-$324 $89.49 $85.28 -4.7% OB 40 38% 24% 434 Riverwood For-Weston Lks Lamar Cons. $308-$554 $103.85 $114.23 10.0% OB 10 9% 14% 153 Riverwood Village Lamar Cons. $31-$56 $45.59 $38.24 -16.1% -8.3% OB 7 0% 79% 176 Riviera East Galena Park $56-$120 $51.80 $49.56 -4.3% -3.9% IB 14 0% 42% 661 Robindell Houston $71-$189 $75.64 $98.98 30.9% 2.5% IB 24 0% 20% 611 Robinson Landing Fort Bend $159-$201 $74.38 $75.86 2.0% 3.4% OB 12 0% 4% 267 Robinwood (Montgomery) Conroe $76-$110 $62.96 $59.88 -4.9% -1.0% OB 11 0% 20% 262 Rock Creek Cy-Fair $421-$640 $118.65 $115.28 -2.8% 1.5% OB 34 44% 6% 445 Rodeo Palms, Palm Lakes Alvin $186-$268 $71.81 $76.02 5.9% OB 5 77% 15% 74 Rodeo Palms, Palm Villas Alvin $146-$194 $58.78 $56.58 -3.7% OB 6 0% 92% 79 Rodeo Palms, The Colony Alvin $135-$164 $84.23 $76.30 -9.4% OB 11 68% 11% 131 Rolling Creek (Harris) Cy-Fair $110-$145 $61.34 $58.87 -4.0% -1.3% OB 22 3% 41% 513 Rolling Fork Cy-Fair $91-$156 $61.55 $58.62 -4.8% -1.7% IB 18 0% 27% 737 Rolling Green Katy $63-$117 $61.77 $53.01 -14.2% -3.5% OB 14 0% 35% 444 Roman Forest New Caney $125-$225 $76.11 $79.82 4.9% 5.1% OB 23 22% 13% 576 Rose Ranch Lamar Cons. $122-$169 $74.15 $75.57 1.9% OB 14 77% 31% 129 Rosemeadow Needville $39-$149 $71.45 $31.87 -55.4% OB 8 0% 64% 76 Rosewood Hill U/R Tomball $174-$286 $92.97 $89.79 -3.4% 1.2% OB 10 0% 0% 264 Rosslyn Landing Cy-Fair $111-$150 $68.10 $85.91 26.2% IB 10 100% 0% 88 Royal Forest Willis $54-$102 $59.46 $69.56 17.0% OB 56 19% 44% 453 Royal Lakes Estates Lamar Cons. $297-$500 $98.23 $95.01 -3.3% 2.7% OB 11 44% 16% 110 Royal Oaks (Harris) Spring Branch $128-$214 $75.57 $79.95 5.8% 1.6% IB 8 0% 9% 434 Royal Oaks Country Club Alief $466-$1,393 $183.41 $170.42 -7.1% 1.7% OB 53 22% 15% 798 Royal Palms Alief $190-$249 $94.49 $92.04 -2.6% OB 10 0% 19% 90 Royal Shores Humble $432-$835 $150.93 $134.07 -11.2% OB 6 46% 8% 94 Royden Oaks Houston $510-$2,199 $271.40 $245.23 -9.6% IL 11 26% 11% 207 Runningbrook Deer Park $160-$208 $77.48 $75.02 -3.2% 3.3% OB 7 0% 13% 157 Rushwood Aldine, Spring $44-$95 $40.00 $37.94 -5.2% -7.8% OB 27 0% 56% 1,349 Rustling Pines Spring Branch $370-$779 $212.66 $212.09 -0.3% OB 6 9% 0% 126 Ryon Houston $30-$136 $59.12 $62.44 5.6% IL 6 15% 54% 1,293 Sablechase Spring $49-$88 $60.25 $51.26 -14.9% -7.2% OB 23 2% 61% 572 Sableridge Spring $59-$117 $50.78 $56.22 10.7% -2.5% OB 11 0% 41% 490 Saddle Ridge Aldine $81-$134 $48.26 $51.40 6.5% OB 21 32% 38% 308 Saddlebrook Ranch Klein $115-$192 $70.82 $76.15 7.5% OB 10 80% 5% 68 Saddlebrook Village Tomball $132-$166 $74.85 $69.99 -6.5% OB 21 89% 9% 88 Sageglen Clear Creek, Pasadena $105-$168 $61.46 $56.67 -7.8% 0.4% OB 23 0% 12% 1,102 Sagemeadow Pasadena $88-$150 $59.28 $58.17 -1.9% -0.6% OB 19 0% 20% 1,159 Sagemont Pasadena $71-$127 $61.64 $54.45 -11.7% -2.1% OB 54 0% 32% 1,774 Saltgrass Crossing Hitchcock $116-$165 $83.97 $71.19 -15.2% OB 10 88% 25% 89 San Leon Galveston, Dickinson $31-$198 $71.97 $75.02 4.2% 1.9% OB 19 8% 25% 966 San Leon Farm Home Tracts Dickinson $46-$175 $90.28 $71.84 -20.4% OB 10 0% 17% 323 Sandpiper Spring $43-$80 $52.72 $34.86 -33.9% -12.1% OB 17 4% 62% 219 Santa Fe Trails Santa Fe $130-$156 $93.85 $99.87 6.4% OB 5 0% 8% 122 Santa Rosa Houston $47-$121 $58.57 $65.23 11.4% -2.8% IB 13 0% 26% 489 Savannah Meadows Alvin $125-$163 $68.98 $72.72 5.4% OB 34 35% 21% 403 Savannah Ridge Alvin $129-$178 $66.46 $63.11 -5.0% -2.3% OB 18 11% 40% 222 Savannah Trace Alvin $158-$215 $60.77 $57.16 -5.9% OB 8 9% 41% 220 Scarsdale Pasadena $61-$107 $74.05 $66.94 -9.6% -1.8% OB 23 0% 39% 1,067 Scenic Woods North Forest $27-$80 $30.82 $24.11 -21.8% IB 29 0% 67% 1,797 Schroeder Oaks Village Cy-Fair $130-$163 $70.42 $72.69 3.2% 0.7% OB 9 0% 25% 189 Scofield Pearland $189-$267 $76.91 $79.24 3.0% OB 8 0% 6% 114 Sea Isle Galveston $97-$316 $160.79 $138.16 -14.1% OB 29 4% 25% 1,070 Seabourne Meadows Lamar Cons. $83-$176 $56.06 $59.72 6.5% OB 19 31% 65% 96 Seabrook Island Clear Creek $203-$692 $82.84 $86.85 4.8% 3.4% OB 21 4% 4% 370 Seascape Clear Creek $67-$138 $74.24 $43.29 -41.7% -7.9% OB 11 0% 38% 204 Sedgefield at Silverlake Pearland $150-$185 $80.32 $79.77 -0.7% 0.0% OB 20 0% 7% 389 Sedona Creek Fort Bend $126-$174 $59.41 $52.09 -12.3% OB 11 0% 69% 239 Sendera Ranch Magnolia $235-$389 $94.12 $122.92 30.6% 5.2% OB 8 0% 21% 183 Senterra Lakes Klein $170-$250 $73.97 $65.69 -11.2% OB 6 100% 8% 62 Settlers Park Fort Bend $132-$170 $83.24 $85.68 2.9% 4.1% OB 23 0% 8% 785 Settlers Village Cy-Fair $68-$122 $61.10 $62.44 2.2% -0.5% OB 67 0% 40% 1,040 Seven Coves Willis $127-$303 $83.87 $84.85 1.2% 2.2% OB 37 23% 3% 600 Seven Meadows Katy $199-$548 $93.10 $95.17 2.2% 4.2% OB 96 38% 4% 1,696 Shadow Bay Willis $19-$130 $37.58 $23.26 -38.1% OB 10 0% 48% 81 Shadow Creek Ranch Alvin $168-$331 $83.90 $80.18 -4.4% -0.6% OB 262 44% 18% 3,834 Shadow Creek Ranch Fort Bend $215-$379 $81.52 $79.60 -2.4% OB 54 90% 1% 190 Shadow Oaks Spring Branch $106-$193 $81.93 $90.24 10.1% 3.6% IB 23 0% 5% 486 Shadowbriar Houston $186-$248 $90.31 $82.49 -8.7% 0.7% OB 12 0% 4% 401 Shadowglen Channelview $37-$85 $44.68 $37.03 -17.1% -6.1% OB 15 0% 65% 587 Shadowlake Alief $203-$305 $91.64 $90.77 -0.9% 1.7% OB 52 0% 4% 866 Shady Acres Houston $146-$356 $150.77 $134.49 -10.8% 1.5% IL 16 46% 6% 471 Shady Acres Landing Houston $271-$348 $114.53 $116.32 1.6% 4.6% IL 7 8% 0% 69 Shady Oak Estates Magnolia $40-$94 $40.74 $44.81 10.0% OB 7 0% 27% NAShady River La Porte $131-$176 $67.35 $73.48 9.1% 1.7% OB 5 0% 0% 175 Shady Woods Conroe $78-$128 $73.57 $57.82 -21.4% OB 12 39% 39% 139 Shannon Forest Klein $153-$199 $62.96 $62.21 -1.2% OB 7 0% 13% 141 Sharpstown Houston $67-$129 $68.33 $66.82 -2.2% -3.1% IB 89 0% 29% 3,033 Sharpstown CC Estates Houston $81-$162 $43.90 $60.55 37.9% -2.6% IB 8 0% 20% 296 Sharpstown CC Terrace Houston $95-$148 $66.76 $66.19 -0.9% -0.6% IB 69 0% 16% 2,972 Shaver Place Pasadena $38-$81 $50.43 $41.62 -17.5% -7.9% IB 7 6% 47% 310 Sheffield Estates Cy-Fair $135-$170 $72.22 $68.84 -4.7% -0.2% OB 16 0% 17% 298 Sheldon Ridge Sheldon $107-$131 $51.91 $53.39 2.9% OB 19 100% 0% 63 Shell City Deer Park $41-$126 $60.96 $62.33 2.2% OB 7 8% 8% 155 Shenandoah Houston $89-$126 $70.26 $56.22 -20.0% IB 5 0% 7% 213 Shenandoah Valley Conroe $113-$142 $65.78 $59.85 -9.0% 0.7% OB 8 0% 8% 499 Shepherd Forest Houston $113-$204 $123.45 $127.35 3.2% 5.4% IB 31 0% 7% 917 Shepherd Park Plaza Houston $224-$384 $121.74 $132.60 8.9% 6.0% IB 21 0% 0% 727 Shepherd Park Terrace Houston $130-$198 $78.89 $75.49 -4.3% IB 5 0% 17% 398 Sherwood Oaks (Harris) Spring Branch $158-$228 $82.77 $85.68 3.5% 4.5% OB 9 0% 6% 342 Sherwood Terrace Spring Branch $230-$309 $126.14 $115.47 -8.5% OB 5 70% 0% 50 Shoreacres La Porte $43-$199 $67.23 $33.11 -50.8% -13.9% OB 34 2% 27% 581


Sunday, April 11, 2010 ¬ ¬ ¬ H O U S T O N C H R O N I C L E D 7NEIGHBORHOOD PRICE TRENDS 2008 2009 Avg. Pct. Homes Typical median median annual Pct. fore- in price price price Pct. pct. Sales new clos- sub- range per per change ch. Loca- in ’08- ures divi- Subdivision School district ($1,000s) sq. ft. sq.ft. ’08-’09 ’04-’09 tion 2009 ’09 ’08-’09 sion

Shores Cy-Fair $205-$441 $85.45 $89.49 4.7% OB 30 65% 10% 493 Shywood Brazosport $121-$159 $78.40 $82.58 5.3% OB 5 0% 13% 321 Sienna Steep Bank Village Fort Bend $136-$331 $81.36 $81.22 -0.2% 1.1% OB 73 13% 11% 1,316 Sienna Vill. of Anderson Sp. Fort Bend $118-$277 $84.92 $80.06 -5.7% OB 59 31% 20% 870 Sienna Village of Bees Creek Fort Bend $535-$825 $134.90 $141.87 5.2% OB 9 67% 19% 71 Sienna Vill. of Shipmans Lnd. Fort Bend $155-$335 $85.55 $87.58 2.4% 2.1% OB 78 11% 10% 1,148 Sienna Village of Waters Lk. Fort Bend $288-$590 $95.72 $92.57 -3.3% 0.7% OB 113 52% 9% 1,124 Sierra Ranch Sheldon $94-$137 $72.76 $70.10 -3.7% IB 15 71% 26% 107 Sierra Vista Pasadena $90-$135 $68.45 $66.93 -2.2% IB 6 0% 56% 209 Silver Oak Trails Cy-Fair $135-$273 $73.27 $68.00 -7.2% IB 17 14% 31% 484 Silver Ranch Katy $165-$277 $67.68 $72.15 6.6% OB 35 97% 0% 114 Silver Ridge Fort Bend $290-$475 $89.44 $99.59 11.3% OB 7 0% 36% 89 Silvercreek Pearland $201-$439 $87.15 $88.16 1.2% 0.6% OB 45 0% 9% 744 Silverglen Spring $85-$144 $48.49 $49.52 2.1% -2.1% OB 10 0% 64% 183 Silverglen Estates Spring $106-$170 $48.87 $47.05 -3.7% -4.9% OB 11 0% 70% 150 Silverglen North Spring $105-$172 $57.96 $55.20 -4.8% -2.7% OB 38 32% 46% 605 Silverglen West Spring $120-$165 $57.69 $48.66 -15.7% OB 7 0% 57% 176 Silvermill Katy $34-$114 $49.21 $32.25 -34.5% -10.4% OB 23 0% 46% 847 Silverstone (Harris) Houston, Katy $60-$103 $62.58 $61.96 -1.0% -0.2% OB 9 0% 30% 290 Silverstone (Montgomery) Conroe $314-$472 $96.15 $85.35 -11.2% OB 7 47% 24% 121 Silverwood Ranch Conroe $343-$402 $129.00 $127.21 -1.4% OB 5 80% 10% 37 Sims Bayou Estates Houston $47-$124 $52.26 $36.46 -30.2% IB 5 0% 42% 153 Sky View Park Houston $95-$138 $58.85 $56.25 -4.4% IB 21 73% 14% 151 Skylark Terrace Pasadena $68-$112 $64.64 $63.31 -2.1% 1.4% IB 5 0% 30% 191 Skyline Park Village Houston $259-$282 $106.85 $109.56 2.5% IB 12 100% 0% NASkyview Park Houston $88-$145 $51.96 $52.52 1.1% IB 13 50% 38% 215 Snug Harbor (Galveston) Texas City $26-$63 $61.89 $46.64 -24.6% OB 7 0% 33% 294 Sommerall Cy-Fair $60-$105 $62.85 $51.39 -18.2% -3.5% OB 36 0% 36% 1,163 Sommerall West Cy-Fair $90-$139 $65.45 $65.31 -0.2% 0.7% OB 17 0% 18% 241 Songwood Houston $44-$100 $67.19 $70.80 5.4% 1.6% IB 6 0% 19% 665 Sonoma Ranch Channelview $104-$167 $62.86 $65.46 4.1% OB 50 34% 46% 1,014 South Acre Manor La Marque $33-$88 $40.97 $39.07 -4.6% -4.7% OB 8 0% 37% 530 South Acres Estates Houston $19-$83 $26.45 $28.92 9.3% -8.5% IB 23 0% 71% 1,337 South Houston Pasadena $48-$127 $60.27 $49.45 -18.0% -4.7% IB 25 2% 40% 2,359 South Park (Harris) Houston $16-$54 $24.81 $19.33 -22.1% IB 13 0% 58% 1,589 South Pasadena Plaza Deer Park $41-$127 $56.74 $64.13 13.0% 3.0% OB 17 0% 41% 598 South Pasadena Villas Pasadena $54-$100 $61.31 $41.20 -32.8% -6.8% IB 12 0% 38% 503 South Point Estates Dickinson $83-$124 $68.37 $67.65 -1.1% OB 27 0% 46% 367 South Shore Estates Montgomery $247-$448 $138.92 $123.08 -11.4% OB 7 0% 0% 89 South Shore Harbour Clear Creek $171-$330 $83.66 $84.29 0.8% 3.5% OB 135 38% 8% 1,590 South Shore Village Clear Creek $158-$205 $78.59 $79.82 1.6% 2.4% OB 26 0% 5% 484 Southampton Place Houston $574-$1,449 $287.90 $266.60 -7.4% 5.6% IL 34 7% 2% 612 Southampton Place Extn Houston $505-$1,544 $273.97 $203.13 -25.9% IL 9 22% 6% 145 Southbridge Pasadena $94-$123 $71.93 $70.75 -1.6% -0.9% IB 8 0% 53% 500 Southcrest Houston $17-$60 $25.41 $22.68 -10.7% -8.2% IB 16 0% 61% 1,106 Southdale Houston $238-$772 $193.69 $184.86 -4.6% 3.8% IL 48 22% 2% 793 Southdown S/D Pearland $108-$170 $74.50 $76.82 3.1% OB 69 0% 10% 1,502 Southdown Trace Pasadena $121-$173 $80.57 $68.88 -14.5% IB 14 94% 23% 133 Southern Colony Fort Bend $83-$125 $56.95 $45.41 -20.3% OB 16 47% 50% 206 Southern Oaks (Harris) Houston $370-$827 $192.24 $226.23 17.7% 9.2% IL 9 0% 6% 240 Southern Trails Alvin $206-$440 $95.53 $88.70 -7.1% OB 39 79% 5% 195 Southfork Alvin $150-$262 $76.76 $71.93 -6.3% -1.0% OB 34 68% 29% 323 Southgate (Brazoria) Alvin $182-$263 $75.91 $72.21 -4.9% 0.3% OB 23 63% 20% 230 Southgate (Harris) Houston $446-$753 $255.70 $237.33 -7.2% 6.2% IL 19 5% 2% 580 Southglen Houston $29-$64 $25.38 $25.01 -1.5% IB 9 0% 78% 430 Southlake Houston $128-$163 $88.02 $87.03 -1.1% 0.9% OB 8 0% 13% 191 Southmeadow Stafford $108-$168 $68.84 $64.78 -5.9% -0.6% OB 6 0% 33% 332 Southmore Plaza Pasadena $41-$87 $48.48 $39.46 -18.6% -8.0% IB 7 0% 44% 473 Southside Place Houston $691-$1,548 $280.61 $261.14 -6.9% 4.4% IL 12 25% 0% 397 Southway Pasadena $99-$155 $76.44 $73.01 -4.5% IB 15 44% 29% 370 Southwest Cross. (Harris) Fort Bend $75-$125 $48.40 $38.91 -19.6% OB 5 0% 60% 397 Southwest Cross. (Ft. Bend) Houston $73-$122 $54.99 $47.06 -14.4% IB 6 0% 62% 200 Southwind Ridge Conroe $120-$185 $69.22 $76.88 11.1% OB 9 5% 50% 104 Southwood Place Houston $37-$76 $31.29 $26.34 -15.8% -12.8% IB 6 0% 61% 346 Southwyck Pearland $130-$197 $71.31 $74.99 5.2% 1.6% OB 72 0% 12% 1,667 Spanish Grant Galveston $181-$375 $183.04 $184.14 0.6% OB 6 6% 20% 219 Spencer Landing La Porte $132-$170 $77.69 $69.21 -10.9% 0.5% OB 7 0% 19% 212 Spencer View Terrace Deer Park $45-$95 $52.71 $65.80 24.8% OB 6 0% 33% 185 Spring Branch Estates Spring Branch $76-$274 $68.32 $84.75 24.0% 2.7% IB 5 0% 19% 366 Spring Branch Oaks Spring Branch $142-$301 $109.79 $100.50 -8.5% 7.0% IB 10 6% 6% 240 Spring Branch Valley Spring Branch $80-$159 $71.88 $79.50 10.6% 0.9% IB 6 45% 9% 404 Spring Branch Woods Spring Branch $126-$254 $96.19 $96.20 0.0% 5.4% IB 8 0% 8% 383 Spring Creek Court Klein $222-$344 $84.75 $76.71 -9.5% OB 7 23% 15% 98 Spring Creek Estates Tomball $322-$484 $102.46 $107.36 4.8% OB 6 0% 15% 82 Spring Creek Forest (Harris) Klein $128-$229 $60.98 $62.61 2.7% 0.6% OB 21 0% 12% 584 Spring Creek Oaks Klein $180-$329 $75.02 $68.38 -8.9% -1.0% OB 35 0% 10% 888 Spring Forest (Montgomery) Conroe $100-$182 $68.91 $85.83 24.6% 2.7% OB 6 0% 18% 162 Spring Lakes Spring $146-$260 $70.66 $68.89 -2.5% 0.1% OB 49 34% 23% 686 Spring Landing Klein $116-$145 $58.46 $70.61 20.8% 0.0% OB 6 0% 50% 182 Spring Meadows Spring Branch $78-$118 $60.91 $61.86 1.6% -1.1% OB 13 0% 32% 420 Spring Oaks (Harris) Spring Branch $166-$571 $134.09 $191.37 42.7% 21.6% IB 18 9% 0% 349 Spring Park Village Spring $110-$148 $60.30 $64.96 7.7% -1.8% OB 10 48% 44% 153 Spring Shadows Spring Branch $138-$215 $74.18 $78.96 6.4% 1.2% IB 48 0% 11% 1,934 Spring Terrace Klein $121-$169 $62.34 $61.00 -2.1% OB 29 48% 27% 483 Spring Trails Conroe $145-$278 $81.19 $83.52 2.9% OB 131 64% 8% 1,180 Springbrook Klein $101-$156 $52.82 $55.64 5.3% OB 22 10% 37% 565 Springbrook at Silverlake Pearland $251-$314 $80.49 $79.29 -1.5% 0.4% OB 8 0% 7% 179 Springfield Pearland $117-$153 $61.34 $73.58 20.0% 2.1% OB 12 0% 18% 302 Springfield Estates (Harris) Goose Creek $100-$150 $59.21 $53.42 -9.8% OB 51 49% 28% 570 Springridge Spring $45-$122 $48.21 $47.81 -0.8% -3.8% OB 17 3% 56% 376 Stable Gate Cy-Fair $291-$383 $91.17 $91.83 0.7% 3.8% OB 10 0% 6% 230 Stablewood Farms Cy-Fair $130-$212 $67.38 $69.27 2.8% OB 18 26% 21% 292 Stablewood Farms North Cy-Fair $98-$147 $79.24 $62.40 -21.3% OB 13 100% 0% 68 Stadium Estates Pasadena $44-$94 $60.14 $58.97 -1.9% -3.5% IB 11 0% 33% 406 Stafford Run Stafford $76-$142 $53.06 $59.01 11.2% -0.6% OB 5 0% 53% 371 Steeplechase Cy-Fair $80-$150 $64.72 $62.26 -3.8% -1.1% OB 68 0% 21% 1,638 Sterling Forest Channelview $43-$82 $55.26 $49.14 -11.1% -3.2% OB 13 0% 36% 455 Sterling Green Chview,Gal.Pk $56-$107 $48.65 $54.42 11.9% -2.0% OB 56 0% 43% 2,211 Sterling Green South Channelview $53-$118 $52.92 $45.53 -14.0% -5.4% OB 44 0% 45% 1,624 Sterling Knoll Clear Creek $98-$141 $73.19 $77.38 5.7% 2.1% OB 17 0% 15% 337 Sterling Lakes at Iowa Colony Alvin $136-$259 $79.91 $72.99 -8.7% OB 19 93% 4% 302 Stewarts Forest Conroe $147-$280 $73.74 $73.59 -0.2% OB 20 43% 17% 317 Stone Creek (Harris) Cy-Fair $72-$136 $65.34 $59.71 -8.6% 0.5% OB 27 0% 31% 558 Stone Crest Katy $144-$185 $68.13 $66.71 -2.1% OB 17 72% 8% 163 Stone Forest Klein $139-$203 $70.84 $67.45 -4.8% -0.5% OB 18 21% 12% 300 Stone Gate Cy-Fair $156-$265 $70.96 $70.62 -0.5% 1.5% OB 102 2% 28% 1,834 Stone Ranch Montgomery $152-$193 $97.98 $93.70 -4.4% OB 5 23% 8% 55 Stonebridge Pearland $265-$354 $78.09 $78.07 0.0% OB 17 98% 0% 72 Stonebridge at Silverlake Pearland $154-$187 $79.80 $85.07 6.6% 0.2% OB 26 0% 9% 255 Stonebridge Lakes Angleton $55-$159 $75.87 $85.14 12.2% OB 7 42% 37% NAStonecreek at West Ranch Friendswood $272-$329 $86.71 $87.78 1.2% OB 22 89% 0% 89 Stonefield Manor Sheldon $72-$113 $50.99 $50.48 -1.0% -3.7% IB 14 0% 80% 337 Stonefield Terrace Sheldon $85-$122 $52.05 $48.42 -7.0% IB 15 0% 88% 513 Stonehedge Aldine $125-$165 $58.88 $72.09 22.4% OB 8 86% 10% 97 Stonehenge Houston $123-$247 $84.95 $81.16 -4.5% -1.7% OB 14 0% 9% 226 Stonepine Klein $100-$140 $67.25 $72.34 7.6% OB 12 50% 24% 207 Strathmore Cy-Fair $89-$136 $55.66 $60.13 8.0% OB 20 29% 38% 362 Strawberry Hills Pasadena $53-$102 $66.62 $57.94 -13.0% -4.1% IB 10 0% 32% 440 Stude Houston $179-$829 $206.08 $203.78 -1.1% 9.9% IL 30 22% 4% 501 Sugar Creek Fort Bend $166-$434 $89.41 $92.93 3.9% 3.4% OB 47 0% 11% 1,641 Sugar Grove Fort Bend $125-$163 $70.48 $65.92 -6.5% OB 8 0% 45% 385 Sugar Lakes Fort Bend $223-$518 $98.34 $89.53 -9.0% 1.6% OB 12 0% 6% 442 Sugarberry Place Klein $52-$90 $42.90 $39.60 -7.7% OB 77 1% 68% 536 Sugarmill Fort Bend $155-$319 $85.04 $84.48 -0.7% 1.7% OB 38 0% 6% 1,009 Sugarwood Fort Bend $207-$324 $85.14 $86.34 1.4% 4.3% OB 9 0% 7% 261 Summer Hills New Caney $28-$146 $54.01 $50.17 -7.1% 9.6% OB 5 20% 40% 195 Summer Lakes Lamar Cons. $120-$211 $64.56 $65.09 0.8% OB 27 77% 13% 231 Summer Wood Willis $132-$170 $74.89 $71.64 -4.3% OB 6 83% 6% 72 Summerfield Fort Bend $134-$164 $75.49 $70.98 -6.0% 0.9% OB 22 0% 13% 477 Summerlyn Houston $84-$141 $60.13 $57.33 -4.7% IB 29 44% 39% 333 Summerset Estates Conroe $65-$81 $59.14 $54.97 -7.1% OB 17 0% 74% 337 Summerwood Humble $169-$375 $81.07 $81.18 0.1% 1.8% OB 110 55% 11% 1,365 Summer. Edgewater Village Humble $165-$257 $67.54 $72.55 7.4% 1.4% OB 14 0% 32% 195 Sun Valley Pasadena $56-$110 $51.97 $57.94 11.5% -3.1% IB 31 0% 44% 859 Sundown Katy $67-$107 $53.58 $51.93 -3.1% -2.6% OB 23 0% 30% 485 Sundown Glen Katy $82-$128 $60.03 $58.05 -3.3% -1.7% OB 45 0% 30% 813 Sunmeadow Friendswood $100-$162 $61.84 $68.31 10.5% 2.7% OB 20 0% 18% 535 Sunnyside Courts Houston $24-$123 $43.53 $33.73 -22.5% IB 7 37% 56% 330 Sunnyside Gardens Houston $12-$93 $24.63 $15.32 -37.8% IB 7 11% 63% 545 Sunnyside Place Houston $18-$133 $70.02 $75.97 8.5% IB 38 64% 23% 583 Sunrise Bay at Lake Olympia Fort Bend $145-$199 $74.05 $72.78 -1.7% 0.0% OB 8 0% 13% 119 Sunrise Lakes Pearland $166-$225 $71.88 $71.18 -1.0% 1.2% OB 39 0% 15% 705 Sunrise Meadow Lamar Cons. $75-$95 $66.58 $67.00 0.6% OB 13 0% 86% 384 Sunrise Pines Sheldon $88-$127 $73.52 $59.69 -18.8% IB 24 74% 31% 117 Sunrise Ranch Montgomery $93-$129 $67.70 $63.32 -6.5% OB 8 24% 53% 90Sunset Heights Houston $142-$440 $166.23 $175.76 5.7% 5.0% IL 50 24% 18% 985 Sunset Lakes Pearland $158-$191 $75.94 $77.64 2.2% 1.4% OB 17 0% 4% 226 Sunset Meadows-Nasawood Pearland $137-$177 $66.57 $68.27 2.6% 1.3% OB 13 0% 8% 262 Sunset Ridge (Harris) Humble $91-$171 $65.16 $64.96 -0.3% OB 32 66% 24% 394 Sunset Terrace (Harris) Houston $508-$1,550 $289.85 $244.13 -15.8% 3.2% IL 21 23% 0% 488 Sunset Terrace (Pasadena) Pasadena $31-$70 $47.04 $30.15 -35.9% -12.1% IB 6 0% 50% 393 Surfside Brazosport $62-$241 $137.68 $116.49 -15.4% OB 8 12% 12% NASweetwater Fort Bend $366-$1,114 $145.56 $114.71 -21.2% -3.2% OB 18 0% 9% 558 Sycamore Bend Aldine $72-$107 $50.32 $43.52 -13.5% OB 15 3% 79% 187 Sycamore Valley Pasadena $95-$132 $75.78 $69.69 -8.0% 1.0% OB 21 0% 16% 421 Sydney Harbour Cy-Fair $221-$300 $83.53 $84.68 1.4% OB 37 59% 9% 321 Tallow Wood Cy-Fair $45-$112 $66.22 $54.89 -17.1% -4.0% OB 26 0% 40% 992 Tanglebriar (Harris) Pasadena $48-$102 $54.00 $56.95 5.5% IB 17 0% 34% 565 Tanglewilde Houston $134-$203 $103.96 $97.18 -6.5% 1.4% IB 32 0% 8% 684 Tanglewood (Brazoria) Brazosport $127-$242 $80.15 $77.42 -3.4% 1.4% OB 8 0% 8% 430 Tanglewood (Harris) Houston $763-$2,850 $309.16 $264.99 -14.3% 6.0% IB 53 17% 0% 1,172 Tara Lamar Cons. $65-$125 $59.68 $60.33 1.1% -0.5% OB 45 0% 27% 1,284 Taylorcrest Clear Creek $187-$272 $76.28 $78.43 2.8% -0.8% OB 11 0% 0% 245 Teal Run Fort Bend $82-$141 $50.31 $48.03 -4.5% -4.5% OB 100 2% 73% 1,671 Teal Run Meadows Fort Bend $79-$138 $53.40 $50.04 -6.3% -2.4% OB 13 9% 69% 298 Tealbrook Cy-Fair $57-$110 $43.67 $42.29 -3.2% OB 10 15% 71% 248 Tealwood Spring Branch $430-$602 $163.74 $158.49 -3.2% IB 5 0% 0% 179 Teas Lakes Willis $117-$152 $78.58 $77.72 -1.1% OB 30 23% 28% 342 Tejas Creek Conroe $112-$145 $75.24 $71.66 -4.8% OB 15 0% 19% 166 Telfair Fort Bend $283-$550 $109.64 $109.11 -0.5% OB 158 93% 1% 1,064 Terra Del Sol Alief $114-$157 $80.00 $64.71 -19.1% OB 7 78% 18% 137 Terrace Brook Cy-Fair $155-$209 $77.27 $70.08 -9.3% IB 18 66% 23% 193 Terraces on Memorial Houston $276-$564 $118.42 $110.80 -6.4% OB 11 89% 0% 206 Terramar Galveston $107-$300 $162.35 $130.46 -19.6% OB 18 7% 31% 228 Terranova Klein $119-$164 $56.98 $56.61 -0.6% 0.1% OB 12 0% 20% 425 Terranova West Klein $141-$216 $66.90 $63.23 -5.5% 0.6% OB 27 0% 7% 621 Texana Plantation Lamar Cons. $359-$666 $115.42 $119.39 3.4% 3.8% OB 13 8% 29% 196 Texas City Texas City $23-$93 $37.98 $39.87 5.0% -1.4% OB 24 0% 33% 1,577 Texas National Conroe, Willis $114-$160 $76.83 $74.37 -3.2% OB 6 68% 58% 160 Thamans 2nd Sub Santa Fe $71-$267 $91.02 $93.37 2.6% OB 9 0% 5% 281 The Estates at Willow Creek Klein $129-$150 $72.76 $75.60 3.9% OB 8 88% 6% 58 The Forest Friendswood $266-$648 $106.32 $114.43 7.6% 2.3% OB 18 9% 6% 624 The Grove Lamar Cons. $102-$174 $73.45 $73.30 -0.2% 2.7% OB 77 0% 12% 1,772 The Highlands (Galveston) La Marque $39-$98 $41.94 $46.56 11.0% OB 14 0% 27% 375 The Lakes at Countryplace Pearland $195-$277 $79.33 $77.91 -1.8% 0.2% OB 20 0% 9% 489 The Lakes at Highland Glen Pearland $175-$373 $84.12 $85.58 1.7% 4.2% OB 62 54% 11% 517 The Landing Clear Creek $92-$138 $84.09 $86.17 2.5% 3.4% OB 55 0% 18% 873 The Meadows (Galveston) Clear Creek $189-$254 $76.18 $83.04 9.0% OB 21 3% 8% 506 The Meadows in Bay Colony Dickinson $134-$166 $66.69 $75.07 12.6% 2.0% OB 21 5% 19% 298 The Oaks of Clear Creek Clear Creek $145-$184 $65.04 $68.55 5.4% 2.2% OB 13 0% 10% 411 The Oaks of Rosenberg Lamar Cons. $150-$227 $68.35 $74.55 9.1% OB 39 92% 7% 115 The Promenade Stafford Run Stafford $144-$191 $68.72 $70.36 2.4% 0.3% OB 15 0% 23% 470 The Rsrve Brazos Twm Cntr Lamar Cons. $243-$314 $71.19 $77.04 8.2% OB 6 100% 0% NAThe Reserve at Cypress Crk Cy-Fair $193-$292 $77.56 $73.42 -5.3% 0.7% OB 7 17% 4% 132 The Villages at Crockett Trc. Conroe $65-$91 $50.65 $47.04 -7.1% OB 5 0% 70% 50 The Villages at Mary’s Creek Pearland $260-$356 $95.24 $79.77 -16.2% 1.2% OB 21 78% 3% 219 The Woods Fort Bend $76-$117 $51.91 $63.64 22.6% 0.5% OB 6 0% 80% 138 Thicket at Cypresswood Klein $226-$286 $78.03 $66.30 -15.0% -1.7% OB 11 0% 3% 253 Thornwood Katy, Spring Br. $222-$329 $102.80 $99.05 -3.6% 2.4% OB 14 0% 3% 388


Thousand Oaks Magnolia $260-$400 $93.92 $90.58 -3.6% 3.7% OB 14 27% 5% 307 Three Lakes Klein $75-$117 $56.01 $63.42 13.2% 1.2% OB 10 0% 21% 315 Three Lakes East Klein $76-$125 $60.02 $57.51 -4.2% -0.7% OB 29 0% 32% 555 Thunderbird Park Texas City $84-$133 $69.63 $64.24 -7.7% OB 8 0% 21% 155 Tierra Glen Pasadena $95-$125 $64.97 $66.38 2.2% IB 12 0% 33% 389 Tiki Island La Marque, Hitch. $220-$553 $180.12 $165.90 -7.9% 0.5% OB 32 0% 15% 839 Timber Creek Spring Branch $278-$366 $159.14 $175.91 10.5% 8.8% IB 5 7% 0% 168 Timber Forest Humble $84-$144 $43.20 $49.86 15.4% -0.2% OB 22 0% 47% 472 Timber Lakes Conroe $62-$121 $55.97 $61.07 9.1% -1.3% OB 8 0% 13% 498 Timber Lane (Harris) Spring $50-$105 $43.22 $46.16 6.8% -4.4% OB 78 0% 47% 2,067 Timber Line Estates Conroe, Willis $162-$259 $102.94 $112.29 9.1% OB 8 58% 0% 145 Timber Meadow Klein $83-$107 $58.33 $42.76 -26.7% OB 5 0% 80% 222 Timber Oaks Spring Branch $115-$199 $80.94 $81.57 0.8% 0.9% IB 8 0% 15% 239 Timber Ridge Conroe $51-$103 $69.12 $37.47 -45.8% -9.8% OB 10 0% 36% 511 Timbergrove Manor Houston $210-$415 $160.51 $170.05 5.9% 6.0% IL 70 1% 2% 1,642 Timbergrove Point Houston $331-$406 $94.93 $91.84 -3.3% IL 6 100% 0% 58 Timberhills Humble $44-$95 $55.64 $48.83 -12.2% -5.3% OB 16 0% 67% 479 Timberloch Estates Magnolia $33-$79 $26.63 $39.55 48.5% OB 11 0% 61% NATimberwood (Harris) Humble $73-$131 $54.83 $55.01 0.3% OB 31 2% 38% 881 Titan Homes on W. 23rd St. Houston $235-$313 $173.84 $167.50 -3.6% IL 5 100% 0% 15 Tomball Tomball $66-$140 $94.30 $52.97 -43.8% -6.7% OB 5 0% 5% 420 Torrey Pines Spring $89-$160 $50.52 $49.91 -1.2% -3.1% OB 13 0% 43% 446 Tower Oaks Cy-Fair $131-$266 $79.40 $95.34 20.1% OB 7 0% 9% 371 Tower Oaks Meadows Cy-Fair $73-$134 $56.24 $65.86 17.1% 0.1% OB 13 0% 12% 473 Town Park Katy $74-$129 $53.15 $65.29 22.8% 3.9% OB 7 0% 36% 208 Towne Lake Cy-Fair $201-$425 $92.57 $94.66 2.3% OB 42 92% 0% 167 Towne Lake Estates Pearland $167-$229 $68.92 $60.35 -12.4% -2.2% OB 6 0% 29% 213 Townewest Fort Bend $51-$109 $56.42 $56.59 0.3% -3.7% OB 53 0% 43% 1,964 Traces Klein $66-$115 $52.26 $52.71 0.9% OB 6 0% 53% 237 Traditions Klein $115-$186 $59.03 $61.99 5.0% OB 9 0% 21% 103 Trails of Cypress Lake Tomball $186-$255 $79.84 $75.63 -5.3% OB 10 100% 0% 66 Trails of Fairfield Cy-Fair $134-$300 $72.94 $75.35 3.3% 1.7% OB 26 0% 2% 467 Treasure Island Brazosport $103-$339 $158.31 $147.66 -6.7% 14.8% OB 8 0% 20% 88 Turtle Hill Village Cy-Fair $65-$120 $48.04 $41.43 -13.8% -6.3% OB 5 0% 40% 181 Turtle Lake Cy-Fair $67-$125 $58.94 $57.92 -1.7% -3.2% OB 18 0% 34% 400 Tuscan Lakes Clear Creek $172-$365 $89.11 $86.73 -2.7% OB 64 78% 8% 460 Tuscany Cy-Fair $219-$336 $78.93 $76.34 -3.3% 0.1% OB 10 26% 22% 140 Twin Falls Klein $135-$172 $73.46 $76.62 4.3% OB 8 93% 20% 54 Twin Lakes Cy-Fair $311-$545 $98.13 $102.37 4.3% 2.2% OB 16 0% 5% 389 Twin Lakes (Pearland) Pearland $129-$167 $68.46 $66.64 -2.7% OB 9 53% 25% 187 Twin Oaks Village Fort Bend $103-$175 $63.67 $64.25 0.9% OB 50 4% 56% 1,405 Twin Shores Willis $137-$529 $89.94 $87.13 -3.1% 5.9% OB 7 8% 0% 150 Universal City Galena Park $39-$120 $59.88 $46.00 -23.2% -5.8% IB 6 7% 36% 461 University Green Clear Creek $119-$175 $85.90 $94.63 10.2% 3.5% OB 17 0% 15% 799 University Park Patio Homes Clear Creek $179-$220 $96.12 $91.56 -4.7% 1.2% OB 9 0% 0% 167 Valley Ranch New Caney $120-$188 $78.66 $69.35 -11.8% OB 10 82% 5% 193 Verde Forest North Forest $27-$61 $31.42 $30.89 -1.7% -7.7% IB 6 7% 79% 342 Vicksburg Conroe $132-$168 $67.30 $63.86 -5.1% OB 5 0% 0% 157 Vicksburg Vill. of Cumberlnd Fort Bend $111-$169 $48.83 $59.53 21.9% 1.1% OB 12 0% 42% 307 Victoria Park Pasadena $80-$126 $66.11 $64.26 -2.8% IB 5 0% 38% 170 Victory Lakes Dickin, ClCreek $231-$417 $89.46 $83.45 -6.7% -0.8% OB 31 46% 13% 465 Vienna Wds Lakewood Cove Humble $90-$124 $55.06 $54.78 -0.5% OB 10 6% 72% 158 Villa Verde Clear Creek $188-$233 $69.27 $68.68 -0.9% OB 10 0% 20% 368 Village Creek Tomball $170-$314 $74.23 $74.00 -0.3% 0.0% OB 42 1% 8% 747 Village Green West Katy $69-$126 $64.37 $73.61 14.4% 2.6% OB 6 0% 38% 206 Village Grove (Brazoria) Pearland $140-$208 $78.91 $68.67 -13.0% -0.4% OB 13 66% 16% 97 Village Grove (Harris) Deer Park $131-$204 $76.36 $78.24 2.5% 2.6% OB 28 0% 10% 914 Village Grove East Deer Park $186-$263 $76.06 $77.69 2.1% 2.6% OB 13 0% 0% 315 Village of Afton Woods Spring Branch $276-$424 $142.67 $154.24 8.1% 2.9% IB 12 0% 0% 139 Village of Auburn Lakes Klein $185-$280 $82.71 $68.83 -16.8% OB 10 6% 25% 169 Village of Decker Oaks Tomball $105-$149 $69.32 $70.25 1.3% OB 15 4% 35% 240 Village of Indian Trails Tomball $138-$205 $68.60 $70.45 2.7% OB 24 47% 17% 350 Village of Kings Lake Sheldon $74-$128 $50.10 $38.25 -23.7% IB 10 29% 71% 90

Village of Oak Lake Fort Bend $129-$198 $67.26 $66.65 -0.9% 1.0% OB 26 0% 9% 433 Village of Oak Ridge Grove Conroe $228-$280 $91.85 $86.55 -5.8% OB 5 67% 0% 61 Village West Houston $165-$256 $89.74 $89.44 -0.3% 0.6% OB 17 0% 6% 424 Villages at Lakepointe Cy-Fair $191-$295 $83.67 $86.73 3.7% 1.7% OB 26 0% 8% 375 Villages at Tour 18 Humble $184-$341 $93.14 $79.55 -14.6% OB 16 100% 0% 58 Villages of Bear Creek Cy-Fair $92-$144 $54.18 $53.62 -1.0% -1.1% OB 34 0% 48% 466 Villages of Cypress Lakes Cy-Fair $118-$195 $56.17 $58.28 3.8% 2.0% OB 112 56% 12% 1,173 Villages of Edgewater Est. Pearland $175-$278 $71.61 $72.95 1.9% 0.1% OB 16 0% 7% 426 Villages of Langham Creek Cy-Fair $112-$152 $60.93 $63.28 3.9% OB 23 0% 16% 760 Villages of Langham Crk Est. Cy-Fair $149-$197 $64.05 $54.91 -14.3% OB 12 71% 8% 139 Villages of Northgate Cross. Spring $117-$219 $60.63 $57.39 -5.3% OB 30 11% 28% 631 Villages of Northpointe Tomball $152-$270 $76.00 $77.12 1.5% 0.9% OB 54 47% 16% 632 Villages of Northpointe West Tomball $134-$180 $79.31 $72.77 -8.2% OB 12 71% 11% 131 Villages of Oak Creek Colony Clear Creek $171-$215 $72.27 $76.38 5.7% 1.2% OB 18 0% 7% 117 Villages of Senterra Lakes Klein $175-$304 $80.57 $85.22 5.8% OB 21 92% 0% 103 Villages of Spring Oaks Spring $85-$139 $61.75 $54.78 -11.3% OB 34 28% 48% 384 Villages of Town Center Lamar Cons. $92-$130 $56.32 $55.43 -1.6% -1.6% OB 30 0% 58% 634 Villages on Grant Cy-Fair $123-$167 $80.28 $78.96 -1.6% OB 20 55% 21% 167 Villas at Fuqua Landing Pasadena $142-$166 $86.88 $79.33 -8.7% IB 7 100% 0% NAVillas at Lakewood Park Klein $125-$154 $85.85 $84.25 -1.9% OB 6 0% 12% 168 Villas on Clearview Houston $205-$256 $119.93 $109.86 -8.4% IB 5 92% 0% NAVillas on Hempstead Houston $216-$271 $126.62 $116.16 -8.3% IL 5 100% 0% NAVince Heights Pasadena $46-$114 $59.64 $54.95 -7.9% 1.5% IB 12 0% 33% 477 Vineyard Meadow Katy $119-$150 $77.21 $62.65 -18.9% OB 16 96% 4% 72 Vintage Lakes Klein $454-$1,881 $160.16 $144.06 -10.1% OB 5 76% 24% 33 Virginia Court Houston $470-$1,107 $272.44 $270.76 -0.6% 5.9% IL 6 17% 0% 182 Vista Villas Pasadena $143-$278 $70.72 $61.96 -12.4% -2.8% IB 8 0% 15% 325 Walden (Montgomery) Montgomery $127-$348 $86.24 $82.83 -4.0% 2.1% OB 172 33% 9% 2,503 Wldn-L. Hou. (Chmpns Vill.) Humble $156-$281 $69.20 $67.64 -2.3% -1.7% OB 17 14% 24% 446 Wldn-L. Hou. (Marathon Vill.) Humble $159-$259 $69.70 $69.81 0.2% 2.3% OB 11 0% 6% 196 Wldn-L. Hou. (Olympic Vill.) Humble $134-$241 $71.21 $66.39 -6.8% 0.0% OB 30 0% 17% 482 Wldn-L. Hou. (Sportsmn Vill.) Humble $146-$219 $68.18 $71.71 5.2% 1.0% OB 20 2% 21% 506 Wldn-L. Hou. (Sprinters Vill.) Humble $140-$235 $69.23 $65.24 -5.8% -0.9% OB 10 0% 15% 138 Wldn-L. Hou. (Trophy Village) Humble $154-$242 $68.60 $70.26 2.4% 0.8% OB 10 0% 35% 143 Walker Station Fort Bend $242-$300 $94.31 $93.63 -0.7% OB 6 0% 9% 74 Walnut Bend Houston $155-$287 $98.12 $102.64 4.6% 1.8% OB 49 0% 13% 979 Walnut Cove Willis $23-$64 $41.53 $45.04 8.5% OB 6 0% 18% 255 Walnut Springs Magnolia $90-$128 $86.46 $88.85 2.8% 4.2% OB 7 0% 14% 124 Walraven U/R Huffman $92-$157 $86.02 $79.38 -7.7% OB 7 62% 42% 37 Washington Heights North Houston $286-$340 $140.26 $133.52 -4.8% IL 6 92% 0% 37 Washington Terrace (Harris) Houston $55-$130 $57.96 $52.93 -8.7% IL 18 0% 63% 418 Water’s Edge at Colony Lakes Fort Bend $172-$275 $77.93 $70.11 -10.0% -0.3% OB 6 0% 9% 88 Waterside Estates Fort Bend $153-$315 $79.12 $76.10 -3.8% 1.0% OB 57 0% 15% 968 Waterside Village Fort Bend $130-$166 $74.18 $77.64 4.7% 2.6% OB 21 0% 12% 338 Waterview Estates Fort Bend $131-$194 $76.92 $72.82 -5.3% OB 56 47% 14% 527 Wayside Place Texas City $30-$95 $42.47 $41.90 -1.3% -2.0% OB 14 0% 39% 540 Wayside Village North Forest $101-$131 $55.00 $51.18 -6.9% IB 5 100% 0% NAWedgewood Village Clear Creek $101-$144 $70.71 $76.57 8.3% 3.0% OB 42 0% 8% 936 Wedgewood Village U/R Clear Creek $115-$171 $71.41 $64.40 -9.8% -0.5% OB 5 0% 36% 119 Werrington Aldine $81-$148 $69.47 $55.86 -19.6% OB 27 54% 33% 211 West Bend Alief $71-$124 $38.91 $54.16 39.2% -2.7% OB 18 0% 45% 275 West Fondren Place Houston $101-$147 $54.21 $59.01 8.9% -1.6% IB 5 0% 41% 290 West Fork Conroe $230-$336 $84.34 $86.16 2.2% OB 5 20% 53% 103 West Hampton Estates Alief $139-$181 $64.96 $67.47 3.9% -1.5% OB 5 0% 21% 150 West Heights Houston $180-$243 $184.62 $132.72 -28.1% -0.1% IL 5 0% 9% 149 West Lane Place Houston $618-$841 $204.48 $207.19 1.3% IL 8 31% 0% 116 West Meadows Goose Creek $129-$169 $68.64 $74.12 8.0% IL 6 100% 0% 49 West Memorial Katy $75-$125 $56.62 $61.31 8.3% 1.7% OB 47 0% 32% 1,145 West Oaks (Brazoria) Pearland $161-$216 $73.13 $73.91 1.1% 0.6% OB 17 0% 3% NAWest Oaks Village (Brazoria) Pearland $146-$176 $71.87 $75.20 4.6% 1.4% OB 29 0% 10% 452 West Orem Place Houston $73-$115 $49.15 $66.91 36.1% IB 6 27% 60% 262 West Place Houston $92-$128 $65.95 $58.15 -11.8% -3.9% IB 5 0% 45% 240 West Ranch Estates Friendswood $456-$659 $119.64 $121.56 1.6% OB 5 86% 0% 34 West University Place Houston $593-$2,230 $308.64 $269.70 -12.6% 4.2% IL 47 14% 0% 1,214 Westador Spring $92-$154 $44.15 $44.25 0.2% -2.1% OB 35 0% 35% 685 Westbank Cy-Fair $54-$97 $54.93 $45.70 -16.8% -5.9% IB 29 0% 31% 1,262 Westbourne Tomball $58-$121 $67.46 $63.45 -5.9% -2.1% OB 35 0% 22% 795 Westbranch Cy-Fair $87-$150 $64.31 $67.30 4.6% -2.6% IB 24 0% 25% 952 Westbridge Cy-Fair $139-$178 $67.32 $66.86 -0.7% -0.1% OB 10 0% 5% 251 Westbrook Lakes Cy-Fair $150-$197 $67.43 $72.74 7.9% 1.3% OB 11 0% 14% 292 Westbury (Harris) Houston $90-$235 $86.08 $92.63 7.6% 3.7% IB 145 0% 15% 3,395 Westbury South Houston $65-$130 $63.96 $64.62 1.0% -0.6% IB 20 0% 16% 572 Westchester Spring Branch $273-$502 $138.18 $125.04 -9.5% 3.2% OB 15 0% 0% 366 Westfield Aldine, Katy $90-$142 $51.99 $56.44 8.6% -0.8% OB 68 0% 48% 1,431 Westfield Glen Aldine $87-$125 $47.37 $53.29 12.5% -2.3% OB 10 0% 35% 192 Westfield Terra Katy $105-$155 $57.21 $56.95 -0.5% -0.6% OB 33 0% 28% 825 Westfield Village Cy-Fair $76-$140 $59.24 $51.95 -12.3% -1.5% OB 30 24% 35% 557 Westgate Cy-Fair $121-$180 $66.70 $64.12 -3.9% -1.4% OB 78 24% 13% 1,001 Westglen (Harris) Cy-Fair $64-$123 $64.49 $56.88 -11.8% -3.6% OB 16 3% 39% 509 Westgreen Katy $51-$107 $53.72 $58.64 9.2% -2.5% OB 17 0% 47% 723 Westgreen Park Katy $136-$180 $65.30 $64.98 -0.5% -1.2% OB 16 3% 33% 462 Westhaven Estates Houston $425-$910 $186.77 $177.73 -4.8% 4.6% IB 15 10% 2% 551 Westheimer Lakes North Katy $134-$266 $79.69 $75.04 -5.8% OB 48 79% 6% 510 Westheimer Place Alief $43-$125 $46.49 $57.52 23.7% -3.0% OB 13 0% 48% 385 Westhollow Village Alief $68-$115 $63.42 $61.26 -3.4% -1.6% OB 5 0% 23% 248 Westlake Katy $64-$111 $59.42 $53.47 -10.0% -1.1% OB 15 0% 30% 521 Westlake Forest Katy $69-$114 $52.69 $53.29 1.1% -0.2% OB 10 0% 32% 487 Westlake Place Katy $65-$104 $49.63 $50.58 1.9% -2.2% OB 14 0% 49% 465 Westlake Village Katy $61-$104 $45.67 $51.62 13.0% -2.4% OB 12 0% 50% 244 Westland Creek Village Katy $65-$107 $62.40 $56.20 -9.9% -3.3% OB 9 0% 28% 351 Westminster Village Cy-Fair $78-$128 $53.61 $43.69 -18.5% OB 17 0% 68% 463 Westmont Houston $127-$198 $116.09 $105.47 -9.1% -0.1% IB 11 0% 16% 224 Westmoreland Farms Houston $550-$1,350 $274.09 $242.29 -11.6% IL 5 9% 0% 172

HOME PRICE SURVEY, continues on Page D10


Home prices can decline by default

HOMES succumbing to foreclosure continued to weigh on prices last year.

Foreclosures accounted for 20.5 percent of home sales last year in five Houston-area counties, according to a survey of 2009 housing prices conducted by Crawford

Realty Advisors in conjunction with the University of Houston’s Institute for Regional Forecasting. The median price was $87,000. That’s compared with 21.9 percent in 2008 at a median price of $90,905.

The downward pressure from foreclosures is most obvious in expanding or newer subdivisions outside the Beltway, but is also evident in neighborhoods inside the Beltway.

Some subdivisions feel downward pressure outside and inside the Beltway

By PURVA PATELH O US TO N C H R O N I C L E

FORECLOSURES

Half the 96 sales in Northwest Park in the past two years were foreclosed. The price per square foot dropped 11 percent in 2009.

Slightly more than 30 percent of the 162 sales in two years in east Houston’s Woodforest were foreclosures. Price per square foot fell 6 percent last year.

Examples outside the Beltway:

A little more than half the 88 sales in two years in Kenswick Meadows in the Humble area were foreclosures, helping push prices down 16 percent in 2009.

Almost a fifth of the 576 sales over two years were foreclosures in Fort Bend’s Shadow Creek Ranch, where prices dipped 4.4 percent last year.

About half the 111 sales in two years in Fresno’s Winfield Lakes were foreclosures, dropping prices nearly 13 percent in 2009.

‘Bad lending’Many foreclosures last

year were concentrated in lower-income areas with higher unemployment rates, according to a study that Evert Crawford, president of Crawford Realty Advisors, is working on but has yet to be released, he said.

“It looks like to me what we’re seeing in foreclosures is bad lending practices to people who should never have gotten the loans in the first place,” he said.

Federal mitigation programs and moratoriums delayed foreclosures temporarily during the first half of 2009, but the second half of the year saw them jump again.

The total number of foreclosures in Harris County in 2009 stayed relatively steady at 11,260 compared with 11,840 in 2008, according to data from The Woodlands-based Foreclosure Information & Listing Service.

Fort Bend and Montgomery counties each had about 1,500 foreclosures last year, compared with about the same number in Fort Bend and 1,170 in Montgomery the prior year.

Competition from cheap foreclosures can make it tough for homeowners trying to sell, too.

Stacia Jackson, a passport specialist with the Department of State, has been trying to sell her northwest Houston home since last summer, when she listed it for $104,000. She came close to a sale once, but a nearby foreclosure lured the potential buyers away with a $92,000 listing price.

“The house across the street was lower, so they

bought that one instead,” she said. Now Jackson has lowered her asking price to $99,000 and switched real estate agents.

While the number of foreclosures for the year seem to finally be leveling off as fallout from the subprime mortgage crisis starts to clear, the numbers are still very high, said Ralph Murdock of Foreclosure Information & Listing Service.

“We’re really cleaning out the backlog, number one,” he said. “But everything has been aggravated with the recession. Unemployment is the reason our numbers continue to go up.”

Recent changes to the federal mitigation program, which included help for unemployed borrowers, will likely have only marginal to modest effects on foreclosure totals, he said, because the qualifications are too restrictive to produce any substantive changes.

But Murdock still expects foreclosures to start gradually declining during the second half of the year as the economy slowly improves, and because many subprime mortgages have already worked their way through the system.

Worst is over?Though foreclosures

numbers may seem to steady, it may be premature to say the worst is over, said Michael Weaster, an agent who specializes in selling foreclosures for banks.

Some banks, he said, are holding on to properties and renting them out until the market turns around. And others have many vacant properties on the books that homeowners walked away from but the bank hasn’t foreclosed on yet, he said.

Weaster, who often gives banks an opinion about property values, says he finds that about half the 25 homes he checks on per

week are usually vacant because the homeowners could no longer afford their mortgages.

“There is still a huge inventory waiting to be foreclosed,” he said. “Everyone says the economy is stabilizing, but that’s not what I see.”

Lenders, for their part, say the foreclosures are starting to move quickly and they intend to always sell homes as quickly as they can.

“It’s in the best interest of everyone involved when the home is abandoned and the homeowner is no longer there, to get in and maintain the property and sell it so the neighborhood isn’t disadvantaged,” said Teri Schrettenbrunner, a spokeswoman for Wells Fargo Home Mortgage.

She declined to say how many foreclosures and vacant properties the lender owns in the Houston area.

[email protected]

ERIC KAYNE : F O R T H E C H R O N I C L E

TRYING TO SELL: Stacia Jackson listed her house in northwest Houston at $104,000 last summer. She came close to a sale once, but a foreclosure across the street lured the potential buyers away. Jackson has now lowered her asking price to $99,000.

GalvestonBay

Gulf ofMexico

10

59

59

290

35

146

288

45

45

90

225

1960

610

90A

6

99

105

8

8

SALESCOMPARISONForeclosure properties accounted for about one in every five sales handled by the Houston Association of Realtors last year. Here is a comparison of sales prices for single-family homes sold through Multiple Listing Service over the past two years:

Number of salesAverage priceMedian priceMost expensive

43,752$240,596$173,028

$9,940,000

12,260$109,558

$90,905$2,650,000

Non-foreclosed

Non-foreclosedForeclosed

41,392$232,790$173,000

$6,325,000

10,712$105,515

$87,000$1,685,000

Foreclosed

2008 2009

Inside the LoopBetween Beltway 8 and Loop 610Outside the Beltway

3302,0928,290

362 2,556 9,342

169 1,061 4,289

Sales activity The number of foreclosure homesales in the Houston area by region: 200920082004

Growing marketForeclosures as apercentage oftotal saleshandledby Realtors:

JAY CARR : C H R O N I C L E

’00 ’01 ’02 ’03 ’04 ’05 ’06 ’07 ’08 ’09

20.5%

21.9%

3.8%

25

20

15

10

5

0

%

Source: Crawford Realty Advisors prepared this analysis based on sales handled by the Houston Association of Realtors Multiple Listing Service

MAPPING FORECLOSURE SALESPercentage of sales that

were foreclosures in2009, by ZIP code:

40.1% or more

30.1-40%

20.1-30%

10.1-20%

0-10%

Examples inside the Beltway:

Two thirds of the 53 homes sold in the northwest Houston neighborhood of Forestwood in 2008 and 2009 were foreclosures, pushing the median price per square foot down 18 percent in 2009.


Sunday, April 11, 2010 ¬ ¬ ¬ H O U S T O N C H R O N I C L E D 9

First-time buyer lands outside Loop

FIRST-TIME homebuyer Mini Timmaraju was hoping to find a great buy on a home inside Loop 610 but quickly learned prices there have held

steady.“I was a little disappointed. I wasn’t finding a whole

lot of deals inside the Loop,” said Timmaraju.Last fall, Timmaraju began shopping for a home in

several neighborhoods and toured lots of properties.“There’s a lot of available property in Houston right

now,” said the vice president of public affairs and government relations at Planned Parenthood of Houston.

She wanted to live near her job in Midtown or close to the Gulf Freeway, where her office will soon relocate.

She tried to buy a foreclosed home in the Heights, but the bank that owned the property took weeks to respond to her offer. Then the utilities were off when she tried to schedule the home inspections.

After that experience, she started looking just outside the Loop and found prices for modern homes to be $20,000 to $30,000 less than similar homes in the Heights, Montrose and the Texas Medical Center area.

“The price difference was pretty dramatic.” said Timmaraju, who moved a mile away from the freeway near the Westwood neighborhood.

During the last week in March, she closed on her 2,400-square-foot, three-bedroom, two-bathroom home in time to qualify for the government’s tax credit.

“That really put a fire in me to do it now,” said Timmaraju, who previously rented a downtown loft.

[email protected]

By JENALIA MORENOH O US TO N C H R O N I C L E

MICHAEL PAULSEN : C H R O N I C L E

FIRST HOUSE: Mini Timmaraju toured neighborhoods inside Loop 610 but found a cheaper option just outside of it.

MICHAEL PAULSEN : C H R O N I C L E

HOUSE, CONDO: Roxana Sibrian is trying to rent a condo, hoping the market will improve enough to sell it and a house.

Two properties, but neither ideal

ROXANA Sibrian and her husband each owned property when they met.

She had a three-bedroom house in southeast Houston and he owned a one-bedroom condominium in Tanglewood.

Neither property is perfect for their new lifestyle. They lived in the condo until their 2-year-old daughter’s toys started taking up too much space.

They moved to Sibrian’s home, but she doesn’t like the 20-mile commute from near Beltway 8 to her job in the Greenway Plaza area.

They are living in her house, trying to rent the condo and waiting until the market improves.

“We knew the economy was rather volatile with all the changes the banks are making,” said the account executive for a public relations firm.

Even if she rents out both the properties, she said, stricter lenders’ credit scoring criteria could make it difficult to qualify for an adequate mortgage to buy a house large enough for her family in a nice neighborhood near her job.

Plus, the appraised value of her home decreased in 2009. And there are several foreclosures in her area, “which does not help my cause.”

“Our neighbor, who has a ‘gynormous’ beautiful home, could not sell her home,” she said.

So, Sibrian will wait until the market improves before trying to put either one of her properties up for sale.

“I think we’re going to wait another year,” Sibrian said.

[email protected]


MAYRA BELTRÁN : C H R O N I C L E

EARLY BIRDS: Kristin Hotard and Alex Barboza jumped into the market earlier than they planned because of the tax credit.

JULIO CORTEZ : C H R O N I C L E

FRESH AIR: Ben and Lucy Jones built in a house in Porter after dreaming of a neighborhood with countrysides.

GARY FOUNTAIN : F O R T H E C H R O N I C L E

NEAR UH: Victoria and Michael Langlais decided to rent a house after finding prices too high or homes too unsatisfactory.

Opportunity was too good to miss

Tired of restraints, they built a dream

Renting until they find the right place

KRISTIN Hotard and Alex Barboza were planning to buy their first home before getting married early next year. But when the 20-something couple

realized they would qualify for the government’s first-time home buyer tax credit, they jumped into the housing market early.

Just before Christmas, they signed a contract on a four-bedroom home in Pearland’s Southern Trails subdivision.

The brick house is 2,800 square feet with three full bathrooms, wood floors, a game room and granite countertops.

Turns out the tax credit wasn’t the only incentive to buy.

The builder, who had recently completed the house, was asking $290,000. Hotard said they closed for $238,900.

“The prices of homes are just less expensive right now,” she said. “I don’t know if it’s the recession or what, but we were able to get a lot more for our money.”

The homebuilder also paid some of the closing costs because the buyers went through its mortgage company.

The couple qualified for an FHA loan, too, so they were able to put down just 3.5 percent. They locked in a 5 percent interest rate.

Their new neighborhood is halfway between Hotard’s insurance job in the Memorial City area and Lake Jackson, where her fiance is a pharmacist.

“It’s quiet and very family-oriented,” she said. “It’s nice.”

[email protected]

BEN and Lucy Jones knew they wanted to move back to a neighborhood with countrysides reminiscent of the ones around their childhood homes.

In 2000, they bought half an acre in Porter in Montgomery County to build their dream home. At the time they lived in the Humble-area neighborhood of Eagle Springs.

By 2007, the pair was ready to sell the Eagle Springs home. They said they were fed up with homeowner association restrictions that dictated the types of trees they planted and bureaucracy that delayed the installation of a toolshed in the backyard for a year.

So they sold their house and moved into a condo in northeast Houston they had previously rented out, and they started planning their new home. It was completed last year, and they leased out the condo.

Their new $134,000 brick home in Porter boasts nearly 1,900 square feet and an oversized garage. “The homes are about half acre apart and very quiet,” Lucy Jones said. “We have a humongous garden with everything you can think of. I think we got a lot for the price we paid.”

Ben Jones, retired after 40 years in the railroad industry, now tends to their growing vegetable garden, which includes squash, onions and various greens. Lucy Jones, head of the cosmetology department at Houston Community College’s Northline campus, can plant as many orange, kumquat and other fruit trees as she desires.

“And now we have two toolsheds,” she said. “I can’t wait to get home everyday from work.”

[email protected]

AFTER months of looking, Victoria and Michael Langlais gave up shopping for a house last year and rented one in a neighborhood near the

University of Houston.“We couldn’t find anything in our budget that felt

suitable,” said Victoria Langlais, who relocated to Houston with her husband in 2009 after a two-year stint in Norway.

There were a couple of things.First, homes in areas they were considering — the

Heights, Timbergrove Manor and Garden Oaks — have been going up in value. Secondly, there wasn’t a lot on the market to choose from in areas they liked.

The couple had a similar experience when they expanded their search to more transitional areas like Eastwood.

Many of the homes they liked that weren’t complete fixer-uppers were well into the $300,000s — more than they wanted to spend.

Victoria Langlais began to wonder if her expectations were unrealistic, but then she noticed that houses for sale in her price range had been sitting on the market awhile and probably weren’t selling for a reason.

In September, the couple signed a year’s lease on a three-bedroom house on an 8,000-square-foot lot in University Oaks near her job as a doctoral program coordinator at UH.

They haven’t given up on their goal of owning, but Langlais doesn’t see prices going down.

“Any good houses priced right are going to sell, which will bolster prices in any area,” she said.

[email protected]

By NANCY SARNOFFH O US TO N C H R O N I C L E




WAITING: Kimberly and Steven Morris planned to sell their Baytown home but are waiting to see if the market improves.

They don’t want two mortgages

STEVEN Morris is eyeing an unpleasant commute for the next few months while he waits for the housing market to rebound.

When his job moved from Houston to Katy earlier this year, he and his family planned to move from their Baytown home to spare him a commute of an hour or more. But as they prepared to put their house on the market, they started to notice foreclosure signs cropping up on lawns throughout their subdivision and the surrounding community.

Now he and his wife, Kimberly, fear that the impact of those foreclosures on home prices will work against them.

“They are forcing us to sell for less,” Kimberly Morris said.

A case in point: One neighbor’s house is a foreclosure selling for $100,000 — about $20,000 less than what the Morrises paid for their home five years ago. But the neighbor’s house is bigger: two stories and 2,300 square feet, as opposed to the Morrises’ one-story, 1,700-square-foot home.

That has the Morrises worried — justifiably, their real estate agent says. “We’re just hopeful we can break even,” Kimberly Morris said.

The grim silver lining is that they’ve found sellers in a similar quandary in Katy, so even though they may take a loss on the sale, they hope to find a bargain when they buy.

In the meantime, they’re stalling to see if the market will improve before they list their home.

“We’re going to just wait,” Kimberly Morris said. “We don’t want to move and have two mortgages.”

[email protected]

By JENNIFER LATSONH O US TO N C H R O N I C L E

LOCATION TOO MANY DWELLINGS TAX CREDIT

HOPING TO BREAK EVEN MORE LAND STILL LOOKING

CONTINUED ON PAGES D10-11


D 1 0 H O U S T O N C H R O N I C L E ¬ ¬ ¬ Sunday, April 11, 2010


Weston Lakes Lamar Cons. $285-$495 $110.67 $99.15 -10.4% 3.2% OB 58 49% 12% 562 Westover (Pasadena) Pasadena $33-$67 $41.41 $25.91 -37.4% IB 5 0% 50% 373 Westover Park Clear Creek $173-$295 $81.10 $84.07 3.7% 1.5% OB 78 55% 6% 762 Westpark Lakes Lamar Cons. $105-$140 $63.00 $63.40 0.6% -0.6% OB 7 0% 39% 191 Westpark Village Alief $50-$106 $54.79 $35.06 -36.0% -9.2% OB 12 0% 45% 374 Westridge (Harris) Houston $221-$688 $162.53 $165.73 2.0% IL 8 43% 0% 196 Westside Manor Deer Park $113-$157 $83.78 $83.71 -0.1% 3.6% OB 8 0% 15% 325 Westview (Galveston) Texas City $53-$140 $65.49 $56.94 -13.1% 0.0% OB 13 0% 17% 555 Westview Terrace Spring Branch $101-$151 $99.44 $78.08 -21.5% -0.9% IB 5 0% 7% 541 Westway Crtyrd Homes U/R Cy-Fair $56-$90 $46.82 $62.22 32.9% -1.4% IB 5 0% 47% 329 Westwick Spring Branch $194-$294 $83.24 $88.72 6.6% 1.3% OB 8 0% 0% 252 Westwind Alief $57-$102 $33.42 $36.61 9.5% -7.9% OB 7 0% 46% 163 Westwood (Harris) Houston $117-$469 $116.09 $106.20 -8.5% 4.1% IB 10 15% 0% 748 Westwood (Montgomery) Magnolia $144-$245 $90.99 $89.92 -1.2% 3.6% OB 85 30% 7% 1,264 Westwood Patio Homes Alief $74-$118 $48.44 $52.63 8.6% -1.3% IB 5 0% 50% 206 Westwood S. Patio Homes Alief $63-$150 $52.84 $40.39 -23.6% -7.3% IB 6 0% 44% 236 Westwood Village Pearland $133-$175 $71.89 $68.45 -4.8% 0.1% OB 13 0% 7% 284 Wheatstone Vill. Cppercreek Cy-Fair $131-$177 $65.10 $61.61 -5.4% OB 10 0% 0% 230 Wheatstone Vill. Cpperstne Cy-Fair $142-$167 $60.29 $61.94 2.7% OB 7 0% 13% 124 Whispering Lakes Ranch Clear Creek $414-$603 $99.79 $106.95 7.2% OB 33 54% 7% 216 Whispering Oaks (Harris) Spring Branch $427-$780 $229.59 $187.72 -18.2% 5.7% IB 9 0% 5% 230 Whispering Pines (Harris) Goose Creek $127-$184 $66.12 $67.60 2.2% 2.7% OB 5 0% 7% 270 White Oak Bend Cy-Fair $52-$97 $51.01 $58.47 14.6% -2.0% OB 17 0% 48% 442 White Oak Estates (Mont) Conroe $208-$400 $103.53 $111.86 8.0% OB 7 24% 6% 242 White Oak Falls Cy-Fair $125-$169 $66.81 $57.88 -13.4% OB 23 35% 37% 424 White Oak Hills Willis $36-$70 $34.60 $29.02 -16.1% OB 5 0% 60% NAWhite Oak Landing (Harris) Cy-Fair $94-$161 $51.02 $59.04 15.7% 0.9% OB 9 0% 20% 334 White Oak Plantation Splendora $53-$122 $60.33 $47.64 -21.0% OB 11 12% 54% 193 White Oak Springs Cy-Fair $136-$178 $64.31 $65.72 2.2% OB 9 0% 7% 140 Wilchester Spring Branch $319-$705 $173.07 $175.23 1.2% 6.5% OB 23 4% 6% 604 Wilchester West Spring Branch $387-$665 $174.48 $173.55 -0.5% 4.6% OB 23 4% 2% 518 Wilderness Trails Friendswood $154-$299 $86.46 $85.56 -1.0% 2.4% OB 16 0% 5% 499 Williams Glen Fort Bend $332-$463 $103.05 $101.83 -1.2% 3.9% OB 6 0% 8% 107 Williams Grant Fort Bend $189-$273 $87.01 $90.94 4.5% 4.0% OB 13 0% 0% 187 Williamsburg Colony Katy $68-$110 $58.93 $60.36 2.4% -0.4% OB 37 0% 29% 974 Williamsburg Hamlet Katy $51-$138 $59.60 $56.03 -6.0% -1.4% OB 31 0% 31% 527 Williamsburg Parish Katy $98-$150 $59.09 $62.91 6.5% 2.0% OB 37 0% 33% 868 Williamsburg Settlement Katy $128-$197 $63.33 $70.41 11.2% 2.9% OB 25 0% 16% 762 Williamschase Katy $95-$134 $58.35 $57.06 -2.2% 0.1% OB 12 0% 31% 254 Willow Bend (Harris) Houston $160-$315 $132.04 $131.18 -0.7% 6.3% IB 31 0% 6% 738 Willow Dell Klein $87-$143 $57.70 $54.30 -5.9% -4.1% OB 12 0% 46% 241 Willow Falls Klein $117-$159 $68.77 $70.43 2.4% OB 23 61% 12% 285 Willow Forest Klein $75-$126 $56.90 $63.94 12.4% 1.8% OB 23 0% 34% 561 Willow Glen Houston, Klein $61-$112 $50.66 $48.03 -5.2% -7.3% IB 9 0% 64% 403 Willow Meadows Houston $218-$402 $123.03 $116.81 -5.1% 3.5% IB 24 4% 11% 812 Willow Park (Res A) Fort Bend $54-$104 $39.52 $59.25 49.9% 1.6% OB 11 0% 43% 326 Willow Pointe Cy-Fair $133-$198 $68.82 $68.97 0.2% 0.8% OB 21 0% 17% 588 Willow Run Aldine, Houston $33-$82 $39.90 $32.47 -18.6% -12.3% IB 12 0% 63% 933 Willow Springs Aldine $83-$138 $60.16 $49.15 -18.3% IB 42 56% 30% 484 Willow Trace (Harris) Klein $113-$158 $66.03 $66.82 1.2% OB 11 90% 7% 96 Willow West Spring $82-$127 $55.03 $48.22 -12.4% -4.7% OB 10 0% 15% 237 Willowbridge Cy-Fair $179-$275 $77.97 $77.90 -0.1% 1.6% OB 27 0% 5% 618 Willowbrook Houston $151-$250 $121.21 $127.96 5.6% 4.3% IB 14 2% 0% 506 Willowcrest (Brazoria) Pearland $103-$137 $80.22 $85.82 7.0% 3.8% OB 9 0% 24% 268 Willowick (Brazoria) Pearland $124-$155 $71.47 $72.90 2.0% -0.4% OB 10 0% 19% 223 Willowick (Harris) Spring Branch $1,130-$2,788 $273.32 $339.36 24.2% IB 5 31% 0% 97 Willowick Forest Klein $199-$349 $73.33 $62.57 -14.7% OB 10 9% 22% 119 Willowlake Cy-Fair $145-$190 $73.30 $76.00 3.7% 1.5% OB 16 0% 7% 502 Willowood Klein $45-$95 $53.56 $37.09 -30.8% -10.2% IB 25 2% 54% 1,378 Wilshire Court Cy-Fair $124-$147 $72.98 $71.92 -1.5% IB 13 100% 0% 34 Wilshire Park (Pasadena) Pasadena $58-$133 $45.58 $64.56 41.6% IB 8 0% 21% 207 Wilshire Place (Galveston) Clear Creek $160-$195 $75.42 $84.22 11.7% OB 9 64% 5% 130 Wimbledon Champions Klein $272-$411 $78.03 $75.99 -2.6% -2.7% OB 6 0% 21% 136 Wimbledon Champ. Grdns Klein $203-$260 $88.90 $91.49 2.9% OB 5 0% 0% NAWimbledon Champions Park Klein $154-$233 $61.37 $63.12 2.9% OB 6 15% 85% 55 Wimbledon Country Klein $161-$210 $61.07 $66.06 8.2% 0.1% OB 9 5% 16% 179 Wimbledon Country North Klein $157-$207 $72.37 $74.24 2.6% OB 6 15% 8% 80 Wimbledon Ests & Racq Cl Klein $139-$245 $62.11 $54.14 -12.8% -1.5% OB 20 0% 20% 618 Wimbledon Falls Klein $179-$234 $71.10 $66.54 -6.4% OB 6 100% 0% 69 Winchester Country Cy-Fair $84-$153 $63.66 $63.29 -0.6% -1.7% OB 53 0% 16% 1,585 Winchester Country Trails Cy-Fair $163-$213 $68.77 $70.75 2.9% 1.5% OB 17 0% 3% 542 Winchester Village Cy-Fair $139-$173 $68.54 $67.02 -2.2% 1.8% OB 11 0% 10% 218 Wincrest La Porte $147-$194 $70.95 $76.02 7.1% OB 7 0% 14% 169 Windermere (Houston) Houston $392-$622 $251.40 $212.10 -15.6% 5.6% IL 7 8% 0% 116 Windermere Lakes Cy-Fair $225-$299 $84.20 $78.22 -7.1% -1.0% OB 16 0% 18% 386 Windfern Forest Cy-Fair $77-$125 $66.00 $66.42 0.6% 0.8% IB 17 0% 25% 460


Windfern Trace Cy-Fair $85-$137 $61.86 $62.43 0.9% OB 9 14% 93% 167 Windmill Estates Magnolia $106-$222 $68.10 $76.25 12.0% OB 7 0% 38% 94 Windrose Auburn Ridge Klein $146-$193 $70.54 $72.86 3.3% OB 5 0% 13% 141 Windrose Eaglewood Klein $261-$474 $85.95 $95.27 10.8% 3.5% OB 9 0% 11% 192 Windrose Tract Sf-16 Klein $159-$195 $77.87 $79.05 1.5% OB 5 0% 0% 89 Windrose West Klein $155-$377 $80.30 $79.96 -0.4% 1.2% OB 45 8% 9% 960 Windsong (Harris) Cy-Fair $72-$131 $60.15 $59.65 -0.8% -0.2% OB 58 2% 22% 1,133 Windsor Estates Friendswood $245-$321 $88.76 $86.19 -2.9% 3.1% OB 6 0% 0% 202 Windsor Forest Klein $109-$138 $63.77 $59.40 -6.9% -3.0% OB 11 0% 33% 113 Windsor Park Estates Katy $395-$827 $111.66 $120.70 8.1% OB 8 0% 7% 120 Windsor Park Lakes Katy $482-$786 $141.52 $140.15 -1.0% 1.4% OB 15 38% 5% 279 Windsor Village Houston $42-$103 $42.09 $37.38 -11.2% -8.8% IB 8 0% 60% 868 Windstone Colony Cy-Fair $98-$145 $57.58 $59.77 3.8% 0.5% OB 46 0% 34% 911 Windstone Colony South Cy-Fair $118-$160 $70.62 $86.75 22.8% OB 5 80% 15% 76 Windwater Vill. at Rg Square Houston $175-$265 $98.68 $93.48 -5.3% IB 5 0% 10% 99 Winfield Lakes Fort Bend $84-$188 $61.56 $53.66 -12.8% OB 55 45% 51% 886 Wingate Alief $57-$109 $53.02 $54.65 3.1% -2.6% OB 8 0% 29% 239 Wingate Patio Homes Alief $50-$98 $47.29 $35.50 -24.9% -10.5% OB 11 0% 53% 219 Withers Ridge Fort Bend $107-$146 $64.27 $56.74 -11.7% OB 29 37% 65% 200 Wood Glen North Forest $20-$39 $29.32 $24.09 -17.8% IB 5 0% 90% 451 Wood Meadow Pasadena $74-$118 $63.10 $68.45 8.5% 1.2% OB 19 0% 24% 662 Woodbend at Silverlake Pearland $238-$321 $79.51 $81.56 2.6% 1.1% OB 9 0% 13% 163 Woodbranch New Caney $44-$180 $71.32 $75.90 6.4% 2.3% OB 5 6% 12% 305 Woodbriar Place Klein $88-$117 $66.67 $63.74 -4.4% OB 9 0% 7% 127 Woodbridge Estates Fort Bend $288-$407 $75.28 $90.61 20.4% OB 5 0% 21% 138 Woodbridge of FBC Fort Bend $173-$268 $78.98 $80.50 1.9% 1.9% OB 36 0% 11% 859 Woodcreek (Brazoria) Pearland $118-$168 $76.58 $76.96 0.5% 1.5% OB 15 0% 11% 475 Woodcreek (Harris) Aldine $85-$160 $46.77 $51.52 10.2% -1.7% OB 14 0% 41% 548 Woodcreek Reserve Katy $317-$756 $114.66 $99.12 -13.6% OB 23 59% 9% 141 Woodcrest (Harris) Houston $159-$361 $210.27 $155.49 -26.1% IL 6 15% 0% 141 Woodcrest (Montgomery) Conroe $84-$108 $55.91 $65.57 17.3% 0.4% OB 7 0% 17% 232 Woodedge Village Cy-Fair $75-$136 $53.24 $49.22 -7.6% -2.4% OB 20 0% 43% 467 Woodforest Galena Park $71-$145 $59.47 $55.83 -6.1% -3.0% IB 85 0% 32% 2,884 Woodforest North Galena Park $65-$145 $59.58 $46.77 -21.5% -6.2% IB 27 0% 44% 986 Woodgate Aldine $49-$97 $49.60 $42.52 -14.3% -7.6% IB 10 0% 41% 674 Woodland Galena Park $33-$90 $52.92 $42.80 -19.1% -7.2% IB 9 0% 47% 564 Woodland Acres Annex Galena Park $35-$81 $48.60 $49.20 1.2% -2.8% IB 10 0% 22% 1,018 Woodland Heights (Harris) Houston $236-$579 $217.81 $199.10 -8.6% 2.2% IL 19 3% 6% 453 Woodland Heights Annex Houston $213-$453 $219.63 $210.52 -4.1% IL 12 0% 5% 121 Woodland Oaks (Harris) Cy-Fair $53-$122 $64.63 $46.78 -27.6% -7.0% IB 19 9% 44% 1,167 Woodland Oaks (Mont) Magnolia $125-$199 $62.24 $73.39 17.9% 3.6% OB 33 14% 22% 452 Woodland Pines Humble $79-$133 $52.78 $48.33 -8.4% OB 43 40% 45% 487 Woodland Terrace Houston $214-$394 $210.40 $216.67 3.0% 3.5% IL 15 0% 0% 196 Woodland Trails Cy-Fair $62-$111 $59.39 $53.95 -9.2% -3.5% IB 17 0% 32% 551 Woodland Trails North Aldine $47-$91 $60.78 $46.55 -23.4% -8.7% IB 39 0% 49% 1,436 Woodland Trails West Cy-Fair $65-$115 $64.64 $51.31 -20.6% -4.7% IB 20 0% 36% 753 Wdlnd-Harpers Lnd at Col Pk Conroe $143-$246 $80.90 $80.70 -0.2% 2.5% OB 80 0% 5% 1,341 Wdlnds-Alden Bridge Conroe $178-$390 $98.82 $98.05 -0.8% 3.5% OB 393 1% 2% 7,201 Wdlnds-Carlton Woods Conroe $825-$2,550 $257.36 $210.25 -18.3% OB 17 59% 8% 316 Wdlnds-Cochrans Crossing Conroe $164-$535 $98.65 $100.62 2.0% 4.6% OB 267 1% 3% 5,274 Wdlnds Vill. Creekside Pk Tomball $226-$544 $107.65 $104.29 -3.1% OB 101 94% 0% 553 Wdlnds-Grogans Forest Conroe $258-$517 $146.17 $133.64 -8.6% OB 19 22% 2% 455 Wdlnds-Grogans Mill Conroe $109-$785 $83.82 $90.19 7.6% 4.1% OB 153 3% 8% 3,999 Wdlnds-Indian Springs Conroe $148-$877 $105.20 $100.00 -4.9% 2.8% OB 124 0% 3% 2,248 Wdlnds-Panther Creek Conroe $114-$477 $89.34 $91.18 2.1% 3.2% OB 135 0% 6% 3,652 Wdlnds-Sterling Ridge Conroe $194-$818 $119.11 $110.00 -7.6% 2.0% OB 374 29% 4% 4,161 Wdlnds-Windsor Hills Conroe $179-$310 $105.31 $104.65 -0.6% 2.9% OB 20 0% 0% 437 Wdlnds-Windsor Lakes Conroe $168-$312 $111.53 $109.65 -1.7% OB 19 44% 0% 572 Woods of Lakeside Houston $261-$356 $107.00 $112.56 5.2% OB 5 0% 10% 88 Woods of Wimbledon Klein $133-$352 $62.48 $55.95 -10.5% -2.8% OB 10 0% 39% 215 Woodshire Houston $226-$628 $123.04 $147.52 19.9% 5.2% IL 7 14% 0% 308 Woodside Houston $247-$398 $144.11 $140.04 -2.8% 3.2% IL 14 3% 9% 482 Woodson Place Houston $270-$605 $226.42 $231.73 2.3% 6.0% IL 7 10% 0% 189 Woodspring Forest Humble $133-$178 $69.71 $74.40 6.7% 3.9% OB 29 39% 5% 280 Woodstream Fort Bend $165-$224 $89.75 $83.24 -7.3% 2.6% OB 10 0% 0% 432 Woodwind Lakes Cy-Fair $178-$275 $91.59 $85.09 -7.1% 0.6% IB 25 0% 2% 628 Wortham Estates Cy-Fair $180-$240 $65.39 $63.18 -3.4% -1.1% OB 9 0% 5% 260 Wortham Falls Cy-Fair $139-$189 $80.23 $74.70 -6.9% OB 14 0% 4% 243 Wortham Grove Cy-Fair $146-$208 $67.01 $67.73 1.1% 1.2% OB 11 0% 15% 311 Wortham Landing Cy-Fair $135-$159 $71.83 $63.49 -11.6% 0.1% OB 16 0% 17% 261 Wortham Park Cy-Fair $145-$200 $71.17 $66.29 -6.9% 0.6% OB 19 0% 17% 522 Wynfield Estates Deer Park $168-$192 $68.58 $74.48 8.6% OB 6 0% 15% 121 Yale Park Village Houston $177-$224 $106.61 $119.97 12.5% IB 11 100% 0% NAYaupon Place (Harris) Cy-Fair $87-$123 $48.21 $46.35 -3.9% -16.5% OB 5 8% 46% 165 Yaupon Ranch Cy-Fair $78-$141 $56.94 $56.20 -1.3% -14.0% OB 58 34% 39% 819 Yorktown Colony Cy-Fair $69-$114 $64.19 $52.54 -18.1% -4.3% OB 12 0% 26% 335



‘A BLESSING’: Lance Roberts’ Katy home was scheduled to close the day Hurricane Ike hit. Last month he had more luck.

Sale a surprise after first try failed

LANCE Roberts decided to sit 2009 out and wait for the economy to recover.

He initially planned to sell his four-bedroom home in Katy the prior year for $440,000. He thought the market had peaked and it was time to capitalize on his investment. But the closing date for the sale of his home was scheduled for the same day Hurricane Ike blew through Houston.

The rescheduled closing a week later never happened because the buyer’s financing fell through.

Discouraged, Roberts, an investment adviser, chose to take his home off the market. Then, last month a couple spotted his home on a drive through the Lakes Of Buckingham neighborhood and offered to buy the house. The home has an appraised value of $380,000, and the couple offered his original asking price of $440,000. A closing is scheduled for later this month.

“The house wasn’t even listed,” Roberts said. “But it was definitely a blessing. We actually needed a bigger house because of four kids. We were just going to make do for another three or four years, but the timing couldn’t have been better.”

He and his fiancee, Christina Nansteel, recently made an offer that was accepted on a $600,000 home in Cinco Ranch that has 4,700 square feet and five bedrooms.

[email protected]


TIMING

Buying a short sale means longer wait

FOR more than six weeks, Rhonda Sauter has waited to close on a house in Tomball.

With excellent credit, the community affairs liaison at the Sheriff’s Office was approved for a loan and got a good interest rate.

But the three-bedroom home is being sold in a short sale, which means the property is sold for less than the mortgage balance. And everyone involved is waiting for the seller’s bank to approve the contract.

“I bug my Realtor every day,” said Sauter, who wants to move from her rental home off Washington Avenue so her 10-year-old daughter and 12-year-old son can grow up in a more traditional family setting and can have a larger home.

She knows short sales require more paperwork for the bank and was expecting her home purchase would take longer than the average sale. But at this point, she’s worried the home may go into foreclosure before she can buy it.

She started shopping for a home in January because she wants to move by the summer so her kids can start the new school year in Tomball.

Plus, if she closes by June 30, she can qualify for the government’s $8,000 tax credit for first-time home buyers. She agreed to pay $109,000 for the 5-year-old home.

“The house is a great deal,” said Sauter.

[email protected]


EAGER TO MOVE

Family sells two houses in five days

THE five-bedroom house went on the market on a Saturday.

By Monday, there were two full-price offers.By Tuesday, there were two more at above list price.Eric Koach would use one word to describe the

experience of selling his 4,500-square-foot home in Kingwood last year: Fortunate.

That doesn’t begin to explain it.Koach, a sales manager at Hewlett-Packard, actually

sold two houses in 2009. The second was a Lake Livingston vacation home that sold in two days for just under full price.

“I never would have expected to sell two half-a-million-dollar houses in five business days,” said Koach, a husband and father of three young children.

Mitzie Shirley, the real estate agent who listed his Kingwood house, said the property was meticulously maintained and priced appropriately for the market.

“Homes that are in great condition and show well still move very quickly and bring a good price,” said Shirley of On Stage Properties.

While Koach didn’t make money on the sale — it just covered what he had in the property — the lake house made up for it. He bought the house in 2001 for $390,000 and sold it for $525,000. The Koach family took the money and upgraded to a new 6,536-square-foot home in Kingwood’s upscale Royal Shores subdivision.

[email protected]


GOOD FORTUNE

HOUSTON-AREA HOME SALESAn overview of home sales handled through the Houston Association of Realtors in Brazoria, Fort Bend, Galveston, Harris and Montgomery counties:

C H R O N I C L E

Numberof salesIn thousands70

65

60

55

50

45

40’06 ’07 ’08 ’09

52,100

AveragepriceIn thousands$220

200

180

160

140

120

100’06 ’07 ’08 ’09

$206,609Mostexpensive saleIn millions$10

9

8

7

6

5

4’06 ’07 ’08 ’09

$6,325,000

New home salesAs a percentage of all homessold in 2009, by county:

Sources: Crawford Realty Advisors; Houston Association of Realtors Multiple Listing Service

MedianpriceIn thousands

’06 ’07 ’08 ’09

$154,900

$160

150

140

130

120

110

100

Brazoria

Fort Bend

Galveston

Harris

Montgomery

18.2%

28.9%

14.8%

14.9%

18.6%

Sunday, April 11, 2010 ¬ ¬ ¬ H O U S T O N C H R O N I C L E D 1 1

MARKET CORRECTION


REALTOR: Kevin Riles focuses on selling foreclosures. He uses a bus to take investors and buyers on tours of the homes.

As foreclosures fall, his business drops

THE number of foreclosures sold in 2009 fell about 13 percent compared with the prior year.

And that’s meant less business for Stafford-based Kevin Riles, who has specialized in selling foreclosures across the Houston area for five years.

In 2005, he thought foreclosures would increase eventually as he watched how easily some buyers were getting loans.

“I’m not saying I was clairvoyant,” Riles said. “I just felt there would be a market correction. I had no idea it would be this big of a correction.”

In early 2009, he listed 40 to 60 foreclosed properties a month. Now it’s down to about six or seven a month.

He credits lender efforts to modify loans for the slowdown as well as a shift to short sales, where the bank allows the owner to sell a home when the owner owes more than the house is worth.

Short sales are usually cheaper for banks since they can skip eviction costs and other expenses such as broker commissions.

“I have people coming to me who haven’t paid a note in a year and still haven’t been foreclosed on,” he said. “So, some lenders are at least paying lip service and trying to get you processed for a short sale.”

The Obama administration also announced an incentive program recently that could delay foreclosures and increase short sales.

The program will pay $1,500 to the banks for accepting the sale. The homeowners selling will receive $3,000 to cover moving expenses.

On the upside, Riles is seeing many buyers who want to purchase foreclosures, so the homes should move quickly.

Many buyers assume foreclosures are a deal, though that’s not always the case, Riles said, adding that often banks list homes at market or even above market value.

“It used to be if you showed them 10 houses, one was a foreclosure,” he said. “Now I have people asking only for foreclosures.”

Aside from investors, more of his business is shifting to commercial and investment properties, he said.

[email protected]


Uncle Sam starts to tighten the federal purse strings

SOME key federal programs used to prop up the languishing housing market are coming

to an end, causing concern among experts that a rebound in home sales may be further off than expected locally and nationwide.

This month, the home buyer tax credit will expire and mortgage rates could continue to rise as the Federal Reserve recently ended its program of buying mortgage-backed securities, which have helped keep rates at historical lows.

At the same time, the Federal Housing Administration is starting to tighten its mortgage guidelines.

To be sure, the programs helped lift the market. “If the government hadn’t been so aggressive, it would have been a lot worse than it is,” said Shad Bogany of ERA Bogany Properties.

Effect on consumersStill, consumers have rea-

son to be concerned.For one thing, an increase

in mortgage rates can affect a borrower’s buying power. And more stringent FHA rules will mean some bor-rowers will have to put more money down on a home loan if their credit scores don’t reach a certain level.

The changes could test a market already under stress.

Houston-area home sales have been sliding since


LENDING

HELP FROM THE FEDSGovernment programs to boost the housing market are going away. Changes:

Tax credit On April 30, the government’s $8,000 credit for first-

time buyers and $6,500 credit for existing homeowners will expire. Contracts must close by June 30.

FHA loansOn April 5, the upfront mortgage insurance premium

went from 1.75 percent to 2.25 percent. Some time this summer, borrowers will be required to have minimum credit scores of 580 to qualify for a 3.5 percent down payment program. Those with scores below 580 will be required to put down at least 10 percent. And allowable seller concessions will be reduced to 3 percent from 6 percent.

Mortgage ratesThe Federal Reserve has ended its program this month

of buying mortgage-backed securities to drive down mortgage rates, which have started to rise.

With less money available, housing could be slower to rebound

December, following three months of double-digit gains.

In February — the latest data available — sales of sin-gle-family homes fell about 6 percent from the same month a year earlier.

“The real question mark is the second half of the year when all these things go into play,” said Jim Gaines, an economist with the Texas A&M Real Estate Center.

Some observers believe the expiration of the federal tax credit will have the big-gest impact on the Houston market.

In 2009, first-time buyers made up a significant part of the market as consumers took advantage of the federal incentive, which gave up to $8,000 to those who qualified. In November, the tax credit was extended and expanded to include some existing homeowners.

Real estate agent Joel Bickley is worried about a deeper slump once the gov-ernment incentives expire April 30. Borrowers have until June 30 to close on their home, but they must be under contract by the end of this month.

“I don’t think people are going to have the motivation

to hurry up and get things done,” Bickley said. “There’s no new deadline.”

Mortgage rates create an-other potential hurdle.

The Federal Reserve, which has bought more than $1 trillion in mortgage-backed securities in an effort to keep rates low, has ended that program.

Last week, the average in-terest rate on a 30-year fixed mortgage hit an 8-month high of 5.21 percent, accord-ing to Freddie Mac.

Experts had predicted rates could go up anywhere from a quarter to a full point in the coming months with the Fed out of the market.

Lower endThat could put a damper

on the lower end of the hous-ing spectrum where buyers are more sensitive to price and interest rate fluctuations.

“If you go from 5 to 6 percent, it’ll affect a lot of people in the margin,” Gaines said.

Moreover, changes in the Federal Housing Administra-tion’s home buying programs will make FHA loans more expensive for some.

The FHA, which doesn’t make loans but provides

mortgage insurance on those made by approved lenders, has increased the upfront premiums borrowers pay to 2.25 percent of the amount of the loan from 1.75 percent.

The FHA also will lower the amount it allows sell-ers to contribute to the sale of their homes to 3 percent from 6 percent. Seller contri-butions are often used to help buyers offset closing costs.

These changes are important because FHA loans have taken a greater share of the mortgage market since the national housing crisis ended many subprime lending programs.

More borrowers with less than perfect credit have turned to FHA loans, which have lower down payment requirements than conventional loans.

But that, too, is changing.The FHA plans to raise

its required down payment to at least 10 percent for borrowers with credit scores below 580.

[email protected]

50

40

30

20

10

0

%

SHARE OF SALESBetween 2006 and 2009, the percentage of sales in the Houston area in the $80,000-$150,000 range has fallen, mirroring an almost identical rise in homes priced below $80,000:

$80,000-$150,000

$500,000 and up

$150,000-$250,000

$250,000-$500,000

Less than$80,000

2006 2007 2008 2009

13.4%

34.3%

29.3%

17.8%

5.2%

C H R O N I C L E

Sources: Crawford Realty Advisors;Houston Association of RealtorsMultiple Listing Service

spending, which has crimped sales tax revenue.

The crisis that may loom comes not just from declining city finances, but also from the way they financed their debt. Just last week, Rick Bookstaber, a senior policy adviser for the Securities and Exchange Commission, warned on his blog that cities’ unfunded pension plans could create hidden liabilities. Rating agencies, Bookstaber warned, often don’t look at municipalities’ total obligations, only their unfunded liabilities. In other words, debt ratings may not accurately reflect a city’s financial picture.

Warren Buffett warned recently that because many municipalities purchased bond insurance, they may have been more willing to embrace risky financing deals.

Compared with other major U.S. cities, Houston is in better shape, thanks to more stable housing prices. Even here, though, we have

examples of the deals causing problems elsewhere.

A few weeks ago, I wrote about Baylor College of Medicine, which, using a bond-issuing vehicle set up by the county, sold short-term debt, known as auction-rate securities, to finance part of a $600 million long-term construction project.

When the auction-rate market imploded and Baylor’s interest rate soared, it refinanced, with Wall Street’s help, and “locked in” a fixed rate using what’s known as a “synthetic rate swap.” The vehicles allow a borrower, for a fee, to turn a variable interest rate into a fixed one, but it can be a precarious financial balancing act.

Sometimes, it ends badly. Synthetic rate swaps, peddled by Wall Street bankers, contributed to spiraling public debt that almost bankrupted Jefferson County in Alabama, and they also exacerbated Greece’s recent debt problems.

I’m not saying Baylor

is the next Greece, but it shows how investment banks courted muni issuers of all types, collecting big fees for financial “innovations” that often were designed to refinance problems the bankers themselves helped create in the first place.

Unlike Wall Street, cities may have nowhere to turn for a bailout. Having already amassed a $1.5 trillion deficit from the mortgage crisis, the feds aren’t like to offer much help.

Municipal bond defaults used to be rare, but they may become more common in the coming years.

Defaults mean higher borrowing costs, and that means this crisis, like the last one, is heading straight for taxpayers.

Loren Steffy is the Chronicle’s business columnist. His commentary appears Sundays, Wednesdays and Fridays. Contact him at [email protected]. His blog is at http://blogs.chron.com/lorensteffy/

STEFFY: No bailout for cities?CONTINUED FROM PAGE D1

officer of the independent Houston-based oil and gas exploration and production company.

Cobalt International Energy has named Michael Drennon as executive vice president and general man-ager, Cobalt Angola.

Molina Healthcare of Texas recently named Dr. Courtney Lawrence as its medical director. In her new role, Lawrence will be re-sponsible for utilization man-agement and coordination of care for Texas members.

Jason Purifoy of La Tor-retta Lake Resort has been named president of the Houston Area Chapter of Meeting Professionals Inter-national.

The Chronicle lists appointments to executive-level positions in Houston. Send announcements to [email protected].

P E O P L E I N B U S I N E S S

CenterPoint Energy has named Rick Zapalac senior vice president of Gas Operations and Engineering.

FMC Technologies announced the appointment of Maryann Seaman as vice president, treasurer and deputy chief financial officer. Mark Scott will succeed Seaman as vice president, administration.

Rives Taylor has been promoted to principal at Gensler.

Shelia Goods has been promoted to vice president of finance at Industrial Info

Resources in Sugar Land.

Bracewell & Giuliani announced the election of Deana Tillotson to the partnership. Tillotson’s practice focuses on complex commercial litigation predominately in the energy industry.

Technisource announced

the addition of Eric Lambert as managing director of the Houston office.

Ronald Martin was recently named chief operating officer for the Texas practice of UHY Advisors.

Mission Constructors has announced that Jon

ZAPALAC SEAMAN

Morgan has been promoted to senior vice president and Fred Grona has joined the firm as senior vice president.

Brown & Gay Engineers announced the appointment of Jim Gregory to lead its newly formed department of Environmental Sciences.

David Jordan has been promoted to shareholder at the Houston office of Littler Mendelson, a national labor and employment law firm representing management.

Christine Spray launched Strategic Catalyst, a busi-ness development, marketing and human resources con-sultancy focused on serving Houston-area mid-market companies.

Skanska USA announced that its building business unit, which provides con-struction management, preconstruction, and design-build services, has promoted Matt Daniel to senior vice president of business devel-opment.

Reggie Kerr has joined One Park Place, a development by The Finger Cos., as marketing director.

Hans Schmitt has been appointed as Hotel Alden’s general manager and managing partner.

Adrienne Schwartz has joined Harrison Kornberg Architects as director of business development.

Valerus Compression Services announced the

appointments of Scott McKinnon as vice president of procurement and Frank Smith as vice president of production equipment.

A.J. “Pete” Reixach Jr., executive port director and chief executive officer of Port Freeport, has been chosen as chairman-elect of the American Association of Port Authorities.

Glen Eichelberger has joined Fulbright and Jaworski’s Trusts and Estates practice as a partner. He previously served as the head of the Family Office Services, a division of Merrill Lynch’s Private Banking and Investment Group.

Jeff Carr has joined Griffin Communications Group to lead its global aerospace practice.

Geri Pacheco has joined Arch-Con Corp. as controller.

William Russell has been promoted to vice president of Russell Oilfield Equipment, an international drilling equipment supplier.

Liberty Energy Corp. has named Ian Spowart as president and chief executive officer and Dan Martinez-Atkinson as chief financial

SCOTT TAYLOR GOODS TILLOTSON MARTIN MORGAN GRONA

DANIEL

GREGORY

SPRAY

SCHWARTZ

KERR

SCHMITT

JORDAN


D 1 2 H O U S T O N C H R O N I C L E ¬ ¬ ¬ Sunday, April 11, 2010

10

10

59

59

290

35

146

288

45

45

90

225

1960

610

90A

6

99

105

8

8

10

59

59

290

35

146

288

45

45

90

225

105

1960

610

90A

6

99

8

8

10

59

59

290

35

146

288

45

45

90

225

105

1960

610

90A

6

99

8

8

JAY CARR : C H R O N I C L E

Two-digit numbers:ZIP codes begin with “770”(15 is ZIP code 77015)

Three-digit numbers:ZIP codes begin with “77”(546 is ZIP code 77546)

How to read the ZIP codes

How the area fared356

316

378

303

357

318

304

372

306301

302

385

384

381

382

447

354

365

355

336375

377

389

339

380 386

345

362

MONTGOMERY COUNTY

493 84

433

429

449

95

70

65WALLER COUNTY HARRIS

COUNTY

379373

73

64 38

66

388

86

90

60

14

67

6968

430

461

471

532

44

32

338346

396

FORT BEND COUNTY 469

583

511 517

541

531566

422

480

486

534515

577

563

510

554 551

550

650/623

553

590591

568

479

459

573

565518

539

546

478

498

407

406

545

477489

598

53

GALVESTON COUNTY

441

494 94450

8272

9983

521

520

49

15

4140

530

9388

13

28 562

1678

39

77

79

5037

LIBERTY COUNTY

CHAMBERS COUNTY

4380

55

229291

18

76

24 07

36

20

2196

42

74

04

5435

63 57

25401

71

1998

05

11

30

5627

31

81

030206

584

578

4745

48

17

506

33

581

3475

29

61

87

08 2609

51

23

85

12

502587

547

89

571536

59

505

58658

503

504

62

507

BRAZORIA COUNTY

Aldine Alief Alvin Channelview Clear Creek Conroe Crosby Cy-Fair Deer Park Dickinson Fort Bend Friendswood Galena Park Goose Creek Houston Huffman Humble Katy Klein La Marque La Porte Lamar ConsolidatedMagnolia Montgomery New Caney North Forest Pasadena Pearland Santa Fe Sheldon Spring Branch Spring Stafford MunicipalTomball Willis

$47.10$51.81$75.12$55.56$81.03$85.41$67.81$66.42$75.24$72.54$74.71$88.59$52.90$58.18

$109.72$75.67$69.98$78.06$64.65$60.69$71.82$76.14$89.92$88.76$71.36$27.50$63.64$76.99$84.96$52.84

$140.81$51.53$67.70$75.91$76.05

-6.4%-5.2%-2.7%-3.2%2.0%0.2%3.5%

-1.4%1.1%

-0.6%0.2%

-0.6%-0.2%-4.8%4.3%0.2%

-0.4%2.7%

-1.3%-3.6%-2.2%2.1%3.7%

-0.5%-0.9%-8.6%-0.9%0.7%

-1.8%1.4%

-1.3%-3.3%0.4%

-2.3%5.2%

-4.8%-3.4%2.5%

-1.5%2.4%3.0%2.7%0.2%2.1%1.9%1.6%3.6%

-2.8%0.1%3.6%2.3%1.9%4.1%0.8%0.1%2.2%1.8%3.6%2.8%3.7%

-9.8%-0.2%1.5%2.9%

-2.9%6.1%

-2.9%NA

2.1%3.3%

UPS ANDDOWNSOne-year change inmedian price persquare foot in 2009:

FIVE-YEARTRENDSAverage annual change in median price per square foot, 2004-2009:

HOME PRICESMedian price per square foot in 2009:

BY SCHOOL DISTRICTHome price trends for local school districts:

WHERE THE SALES AREPercentage of all sales, by county:

PRICE CHANGESChange in the median price per square foot, by county:

Avg. annualchange

2004-20092009 median

price persquare footCity

One-yearchange

BrazoriaFort BendGalvestonHarrisMontgomery

-0.5%1.4%

-0.1%-1.3%

0.1%

1.7%2.8%2.8%0.4%2.8%

Avg. annualchange,2004-2009

One-yearchange

Up more than 5%

Up 2% to 5%

Up less than 2%

Down less than 3%

Down 3% or more

Insufficient data

$100 or more

$75 to $99.99

$65 to $74.99

$50 to $64.99

Less than $50

Insufficient data

6.3%Galveston

15.0%Fort Bend

5.0%Brazoria

10.8%Montgomery

Source: Crawford Realty Advisors prepared this analysis based on sales

handled by the Houston Association of Realtors Multiple Listing Service. The study

was done in conjunction with the University of Houston’s Institute for Regional Forecasting. The

figures primarily reflect existing homes, although 18 percent of last year’s sales were new houses.

Prices held steady for Houston’s overall single-family housing market in 2009. An annual study showed that 52,100* homes changed hands last year, a seven percent drop from the 56,012* sales in 2008. The median price per square foot fell to $72.58, a 0.2 percent change from the median of $72.71 in 2008. The median sales price increased slightly to $154,900.

$90

807060504030

Brazoria Fort Bend Galveston Harris Montgomery

GalvestonBay

Gulf ofMexico

GalvestonBay

Gulf ofMexico

GalvestonBay

Gulf ofMexico

*Includes salesin Brazoria,Fort Bend,Galveston,Harris andMontgomerycounties.

PRICE TRENDSMedian price per square foot, by county, 1999-2009:

BolivarPeninsula

GalvestonIsland

’99 ’01 ’03 ’05 ’07 ’09 ’99 ’01 ’03 ’05 ’07 ’09 ’99 ’01 ’03 ’05 ’07 ’09 ’99 ’01 ’03 ’05 ’07 ’09 ’99 ’01 ’03 ’05 ’07 ’09

$58.37

$76.24

$56.97

$79.82

$55.70

$79.89

$51.92$61.53

$83.65

$67.50

Note: One-year and five-year price change data is not available for some recently created ZIP codes.

Up 3% or more

Up less than 3%

Down less than 3%

Down 3% to 8%

Down more than 8%

Insufficient data

62.9%Harris


bus ness - keller williams realtyimages.kw.com/docs/0/5/3/053545/1271219404782_2010... · d2...

Documents