Subdivision Appreciation Beginning 1997

Appreciation

River Oaks Subdivision

TEN-YEAR Change in Average Price Per Square Foot Paid: +25%

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*
2001	$ 965,000	$ 288.81	$ 42.01
2002	$ 1,055,000	$ 281.48	$ 54.18
2003	$ 1,137,500	$ 290.22	$ 63.98
2004	$ 1,143,750	$ 291.31	$ 58.63
2005	$ 1,182,000	$ 311.91	$ 75.34
2006	$ 1,450,000	$ 339.63	$ 86.21
2007	$ 1,725,000	$ 376.57	$ 102.17
2008	$ 1,595,500	$ 396.01	$ 103.90
2009	$ 1,600,000	$ 372.43	$ 85.82
2010	$ 1,580,000	$ 366.44	$ 89.13
2011	$ 1,290,000	$ 361.54	$ 85.15

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

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Judy Thompson
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West U Real Estate LLC
1919A Harold St.
Houston, TX 77098
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