Cypress Best Communities
Here is a list of the Top 28 best places to live in the Cypress, TX area based on 2015 statistics. The "Top 28" list is composed of the top 28 communities based on sales volume for the last 4 months of 2015 in Cy-Fair ISD. I then took these 28 communities and ranked them from 1 to 28. The ranking criteria and methodology is explained in detail below the tables.
Cypress Neighborhood - Overall Rankings
Cypress Neighborhoods - 2015 Sales Analytics
Cypress Neighborhood - School Rankings
My goal with these rankings was to be objective as possible. I wanted the rankings to be based on things that most people would want in a community. I decided to based my rankings on 3 major criteria:
- Sales Data
- Days on Market
- Distressed Sales %
- Total Price Appreciation
- $/sqft Price Appreciation
- Months of Inventory
- Schools (I based this off the star ratings on HAR.com/School)
- Amenities (Though difficult to quantify, I thought this was very important to include in any neighborhood ranking)
I gathered all sale data from these top 28 neighborhoods to do my analytical analysis of these 5 criteria:
- Median Days on Market
- % of Distressed Sales
- Price Appreciation VS 2010
- $/SqFt Appreciation VS 2010
- Current Months of Inventory (As of January 2013)
Once I had all of the raw data for each of the 5 criteria for all 28 neighborhoods, I ranked the neighborhoods for each criteria. For example, the community with the shortest median "Days on Market" would be ranked #1, the next shorted #2, etc. The community with the lowest % of "distressed sales" would be ranked #1, and so on. I then averaged the rank of those 5 criteria for each community to get an overall average rank. Lastly, I used these average ranks to give each community a score on a scale of 1 to 5 with 5 being the best.
To keep things objective on the schools, I took the "star rating" for the elementary, middle, and high schools for each neighborhood and added them together. For neighborhoods with more than one elementary, middle, or high school, I took the lower star rating. The total star ratings ranged from 7 to 11.
I converted those star points to a scale of 1 to 5 with 5 being best. In this case, the communities with 11 stars got a score of 5, 10 stars got a 4, etc.
Amenities were rated on the same 1 to 5 scale that the schools were rated. Unfortunately, this was very difficult to quantify and be objective about. Amenities I took into consideration were: pools, trails, clubhouse, tennis courts, golf course, lakes, fitness centers, ball fields, etc
The final rankings were calculated by adding up the analytic, school, and amenity points with the highest point total on top. School points were used for the first tie-breaker and overall analytic ranking was the second tie-breaker.