The Woodlands Edition | June 2023

REAL ESTATE

Featured Neighborhood

MALAGA FOREST, 77384 Malaga Forest is a gated enclave of 36 homes in Shenandoah o Wellman Road adjacent to The Woodlands featuring Mediterranean-style garden homes. The community is zoned to Conroe ISD and located close to regional transportation corridors, such as I-45.

77384

1488

77385

77382

77381

77380

99 TOLL

77389

77386

Homes on the market* 3 Median home value $710,643 Homes under contract 3

Build-out year: 2023 Builders include: Malaga Homes Square footage: 2,336-3,654 Home values (median): $710,643

The Malaga Forest community is located o Wellman Road in Shenandoah.

PHOTOS BY JESSICA SHORTENCOMMUNITY IMPACT

AMENITIES: Malaga Forest is located near recreation facilities, shopping and dining areas in Shenandoah as well as within close proximity to The Woodlands. • Shenandoah Park, Holly Hill Trails Park and other community spaces in the Shenandoah area are within easy access to the community. • Malaga Forest is located near area hospitals, such as Texas Children’s Hospital, St. Luke’s Health-The Woodlands Hospital and health care facilities at Vision Park. • The community is across from Porto no Shopping Center as well as shopping and entertainment in The Woodlands area.

HOA Dues (annually): none School district: Conroe ISD

Schools: Lamar Elementary School, Knox Junior High School, Wilkerson Intermediate School, College Park High School Property taxes (in dollars): Montgomery County Hospital District

Average days on the market* 82 Median annual property taxes $13,706 Median price per square foot $247.71

0.0567 1.1760 0.4083 0.1799 0.1078 1.9287

Conroe ISD

Montgomery County City of Shenandoah Lone Star College

Total (per $100 valuation)

Malaga Forest consists of 36 homes in a Mediterranean style.

NEIGHBORHOOD DATA PROVIDED BY BETH FERESTER, REALTOR, CORCORAN FERESTER REALTY 7137026334 • 2813674000 • BETH¢FERESTER.COM • 8522 CREEKSIDE FOREST DRIVE, THE WOODLANDS, TX 77375

*AS OF JUNE 1

MARKET DATA FOR MAY

HOMES SOLDAVERAGE DAYS ON THE MARKET

MEDIAN PRICE OF HOMES SOLD WITH YEAROVERYEAR PERCENTAGE CHANGE

2022 2023

77380 77381

77382 77384 77385 77386 77389

77380 77381 77382 77384 77385 77386 77389

Sale price

$1.6 million +

1/5

1/4

5/26

1/2

2/7

4/24

$700,000

$1,400,000-$1,599,999 2/28

2/4

1/31

2/14

+10.39%

$600,000

$1,200,000-$1,399,999 -

1/3

4/4

1/7

4/8

2/44

$500,000

$1,000,000-$1,199,999 2/12

2/3

4/13

1/1

2/22

17.06

$400,000

$800,000-$999,999 2/38

5/16

1/15

1/11

2/156

4/33

9/15

2.74%

4.34%

$300,000

$600,000-$799,999 3/17

8/12

8/5

11/13

4/76

4/4

5/6

0.16%

16.07%

2.88%

$400,000-$599,999 5/18

18/7

28/26 19/23

26/89 32/20 18/30

$200,000

$200,000-$399,999 24/24 14/28

8/9

23/22

45/69 50/18 17/22

$100,000

Less than $200,000

5/20

2/25

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