Gleannloch Farms is one of the most Northwest Houston masterplanned community in Spring, Texas. This months's home market update includes sold history from September 1, 2011 to April 22, 2012; a bit over 6 months of history.
In total, there were 83 sold homes in the community of Gleannloch Farms Spring TX. Topping the charts was a home (44 Gleannloch Estates Dr.) sold at a $2.385Mil, only a 0.625% price reduction from it's originally listed price at $2.4Mil. This home is huge - featuring a little shy of 10,000 square feet, 5 bedrooms, 6 bathrooms (that's right - 6), and 2 half baths built in 1979.
At the bottom of the pit was a foreclosure; as expected. The home at 9407 Sagehampton Ct. sold for a measily $55.37/sqft at an affordable $144,900. Pretty amazing to believe the deals to be had in a community also selling million dollar properties; right? That's the major advantage to choosing to live in Gleannloch Farms.
Including the highs and lows, the neighborhood has averaged $88.21 per square foot in value, with homes selling on average of 73 days. The average price in Gleannloch Farms came to be $326,405 for homes averaging in size of about 3,427 square feet.