Montgomery Co. Budget Highlights & Facts

FOR YEAR ENDING 09/30/09

Montgomery County is now the 10th largest county (out of 254 in Texas) based on number of registrations/title for MVD and has an estimated population of 435,000.

Montgomery County has more than 80% of population living in unincorporated areas that require county and special district services to offset city services not available.

2008 Average Home Value (According to the MC Appraisal District) $183,462
2008 County Tax Rate $0.4838/$100

Average Annual County Tax: $887.59
Average Monthly County Tax: $73.97

REVENUES:

Property Tax: $143,073,600
Licenses/Permits $7,929,588
Fees/Fines.Forfeitures $15,548,534
Grants $2,648,359
Other $31,502,026
Total Revenues $200,702,107

EXPENDITURES:

Law Enforcement $78,267,465
Transportation $20,327,131
Public Services $16,627,665
Administration $16,481,667
Courts $23,338,445
Legal Services $2,757,504
Library System $8,336,059
Debt Service $23,022,850
Other $11,543,321
Total Expenditures $200,702,107

This year versus last year: October

October 2008

Monthly Real Estate Activity Report & Statistics

Houston MLS area 39

• 223 New listings for Single Family Homes, Average List Price $346,937
• 91 Homes Pending to close, Average List Price $218,572
• 67 Homes Closed, Average Closed Sales Price $227,454

This month seller's averaged 95.06% of their asking price.
Average days on the market where 103 days.

Compare these stats with last year's October Sales...

October 2007 Monthly Real Estate Activity

• 223 New listings for Single Family Homes, Average List Price $283,829
• 109 Homes Pending to close, Average List Price $222,862
• 96 Homes Closed, Average Closed Sales Price $224,265

At this time last year Seller's averaged 97.05% of their asking price. The average days on the market was 96 days.

43% more homes closed in October 2007 than in October 2008. Many factors are involved here, Hurricane IKE slowed down the closing process for many.

NW Montgomery County Housing Report

This section is dedicated to provide current housing information for North West Montgomery County. This primarily focuses on the surrounding areas of Lake Conroe. Check back for updates and statistics. I will focus on this mls area (area 39) as a whole and also provide details on individual subdivisions surrounding Lake Conroe. Feel free to subscribe to this blog to keep up on your subdivision and home values.

I have created a map for you to see what Houston Association of Realtors, Area 39 includes. This is Northwest Montgomery County. Within this parameter are the historic town of Montgomery, portions of Conroe, Willis, Dobbin and Richards, TX. Area 39 holds the majority of Lake Conroe except for the very north end of the lake. You can also find great properties and land neighboring the National Forest. If you have a love for horses, finding property adjoining the National Forest is awesome! There are hundreds of miles of trails to ride and obviously it is beautiful, peaceful and private.

I hope you find this information helpful! Feel free to join the blog, I would love to hear your comments. If you have some new and exciting information about this area... Post it here!

Sales after the election!

Now that the Presidential election is finally over, buyers will get off the fence.