Subdivision Appreciation Beginning 1997

Memorial Villages

1997-2007 Change in Average Price Per Square Foot Paid: +94%

Median Sales Price: The value with 50% above and 50% below or the value "in the middle". Average Price Per SF: The sales price divided by the size of the house. Land Price Per SF: The sales price divided by the size of the lot in "teardown" sales and lot sales

Year	Median Sales Price	Average Price Per SF	Land Price Per SF*
1997	$ 516,750	$ 130.88	$ 16.37
1998	$ 580,500	$ 145.67	$ 15.66
1999	$ 634,149	$ 159.01	$ 14.23
2000	$ 700,000	$ 179.52	$ 20.60
2001	$ 748,300	$ 185.45	$ 21.79
2002	$ 770,000	$ 191.95	$ 22.68
2003	$ 850,000	$ 198.49	$ 26.66
2004	$ 885,000	$ 215.38	$ 24.46
2005	$ 1,115,000	$ 229.50	$ 25.99
2006	$ 1,206,250	$ 235.22	$ 27.38
2007	$ 1,280,000	$ 253.32	$ 31.53

* Land value calculations were made on fewer than 30 sales and therefore may not accurately determine land values.

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Judy Thompson
Strictly a Buyer's Agent
West U Real Estate LLC
1919A Harold St.
Houston, TX 77098
Telephone: (713) 522-4953
E-mail: judythompson@att.net

All information is deemed reliable but not guaranteed and should be independently verified.

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