Aerial view of a wooded neighborhood pond with walking paths and a swimming pool.

Lakewood Grove April Market Update

Real Estate Kristian Hurley May 23, 2024

As the school year wraps up and summer kicks off, it's the ideal moment for families in Lakewood Grove to embark on their home search. Many are eager to settle into a new home before the next school season begins, making now the perfect time to list your property in this desirable neighborhood.

Current Market Snapshot in Lakewood Grove

In Lakewood Grove, the activity is bustling:

  • Coming Soon: 1 home
  • For Sale: 4 homes
  • Under Contract: 1 home
  • Sold in the Last 30 Days: 3 homes

If homes are priced correctly, they're selling quickly. The average days on market for April was just 16 days.

Key Market Metrics for Lakewood Grove

  • Average Sale Price: $430,290
  • Average Price per Sq ft for April: $143/sq ft

This week, we saw the lowest-priced home hit the market at $365,000. While this home needs some updates, it represents an incredible investment opportunity for those ready to take on a project. For more details on this property, feel free to reach out!

Market Trends and Insights

According to recent data, the housing market in Lakewood Grove remains strong. Low inventory levels and high demand continue to drive competitive pricing and quick sales. This trend is expected to continue throughout the summer, providing a great window for sellers to achieve their desired price.

Benefits of Selling Now in Lakewood Grove

  1. High Demand: With families eager to move before the school year, demand for homes in Lakewood Grove is high.
  2. Quick Sales: Homes are selling faster, reducing the stress and uncertainty of a prolonged sale process.
  3. Competitive Pricing: Low inventory levels mean less competition and better pricing for sellers.

If you're considering selling your home in Lakewood Grove, now is the time to act. The market conditions are favorable, and we can help you navigate the process smoothly. Contact us today to get started!

Work With Hurley Homes

As part of CB&A, Real Estate Agent, the Hurley Homes Realty Group consists of dedicated full-time agents assisting families with buying, selling, renting, and investing in Houston properties. Whether you're considering a home purchase or sale in Houston, I'm here to talk! Connect with me today for a personalized consultation.