Everyone knew it was coming, but the resale market in The Woodlands looks like it’s finally starting to make a long awaited move up due to the decrease in new home construction in the area. Some of the older neighborhoods like Grogans Mill and Panther Creek have enjoyed quite a jump in price per square foot over the last 12 months. In June of 06 Grogans Mill sales averaged $88 sq. ft. and this year for the same period it’s up to $98. Panther Creek saw an increase over that time period from $91 sq. ft. to $104 a sq. ft. Wow!
This is a great time to buy your real estate in The Woodlands.
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