A midyear report from Metrostudy holds good news for Houston's real estate market, with overall new-home sales up by 8% in 15 of the city's largest master-planned communities. The news was even better for Summerwood and other Houston developments by Newland communities.
Houston-based Metrostudy, a national housing research firm, reported cumulative net sales of 2,473 new homes in the 15 communities for the first half of 2011, compared to 2,290 net sales in the same period last year.
Summerwood had a 59% increase in net sales for the first half of the year - the second highest increase in the report and the biggest gain in the Northeast Houston submarket. Summerwood had 108 net sales for the first half of this year, compared to 68 for 2010.
Summerwood's traffic - the number of home shoppers visiting model homes - was up by 34%, the result of popular spring promotions touting the completion of the Sam Houston Tollway and the grand opening of new models. For more information about building a new home in Summerwood, or to purchase a home that is being built or complete, contact Sherry Wilsher at 281-225-4400 or visit the Partners in Building model home at 16415 Boulder Field Lane, Houston, TX 77044.