Lazybrook and to view past market updates, click here. Or email us at vincent@norhillrealty.com.

Homes Sold 12 homes sold in Timbergrove and Lazybrook in the month of May, 8 Timbergrove and 4 Lazybrook. This is up from May of 2010, which saw 22 total sales. Last year's May number are no doubt inflated due to the expiration of the first time home buyer tax credit. Active Listings There are 69 properties currently on the market, 61 in Timbergrove and 8 in Lazybrook. In May, 26 new listings came on the market and 20 sellers have reduced their price. Home Prices The median home price in Timbergrove over the past 12-months is $285,950 up 2% from the same period last year. Lazybrook’s continued its strong home price surge. Home prices in Lazybrook rose 13% during that same period to $305,000. Just to the west of Houston Heights, Timbergrove and Lazybrook are two of the hot neighborhoods for young families in Houston’s Inner Loop. Downtown Houston and the Uptown/Galleria area are a short drive a way. Furthermore, Timbergrove and Lazybrook are conveniently located close to restaurants and bars in Houston Heights, the Galleria area, and the Washington/West End Corridor. For prospective buyers that are seeking close proximity to Houston’s great parks, Timbergrove and Lazybrook is home to 11th street Park, Jaycee Park, and the White Oak bayou bike trail. Memorial Park and its great jogging trail is also nearby. Timbergrove and Lazybrook is also home to a couple of our agents. TIMBERGROVE HOMES FOR SALE

Timbergrove/Lazybrook Market Update – May 2011