Post on 27-Jan-2017
TheHomeSalesRealEstateReportTheWoodlands|November,2015Lis?ngInventoryMonthByMonthHomeSalesMonthByMonthAverageSoldPrice/MedianSoldPrice–MonthByMonthAveragePricePerSquareFoot–MonthByMonthAverageDaysOnMarket–MonthByMonthMonthsSupplyofForSaleInventory–MonthByMonth
9000 Forest Crossing Drive | The Woodlands TX 77381 | 281-367-3531
281-367-3531
The Woodlands Texas Real Estate ReportListing Inventory - Month-To-Month
Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec2015 591 630 658 731 818 863 912 947 925 917 9062014 355 366 373 445 497 556 617 682 669 680 652 645
Better Homes And Gardens Real Estate Gary Greene - 9000 Forest Crossing, The Woodlands Texas / 281-367-3531Data obtained from the Houston Association of Realtors Multiple Listing Service - Single Family/TheWoodlands TX
2015 Listing Inventory 2014 Listing Inventory
The Woodlands Texas Real Estate ReportProperties Placed Under Contract - Month-To-Month
Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec2015 170 217 278 279 275 249 261 161 180 1732014 195 203 277 314 300 297 218 233 155 197 147 1662013 182 257 290 327 364 304 270 228 177 212 138 149
Better Homes And Gardens Real Estate Gary Greene - 9000 Forest Crossing, The Woodlands Texas / 281-367-3531Data obtained from the Houston Association of Realtors Multiple Listing Service - Single Family/TheWoodlands TX
2013 Contracts Written 2014 Contracts Written 2015 Contracts Written
The Woodlands Homes Sales SnapshotOctober/November 2015
All Brokers Combined / Single Family / Houston MLS Data
Average Sold PriceOctober 2015: $463,675 (148 closed sales)October 2014: $404,145 (165 closed sales)October 2013: $459,044 (172 closed sales)
Median Sold PriceOctober 2015: $345,500 October 2014: $340,000October 2013: $321,500
Days On Market For Sold PropertiesOctober 2015: 60 DOMOctober 2014: 42 DOMOctober 2013: 36 DOM
Listing Inventory at 11:23 am, November 1st, 2015Total Active Listings In All Price Ranges: 909
Months Supply Of Inventory: 4.7 MonthsPrice Range: $129,900 to $15,000,000
Average Days On Market: 91 DaysAverage List Price: $790,160Median List Price: $499,990
Compliments Of:Better Homes And Gardens Real Estate Gary Greene
9000 Forest Crossing, The Woodlands TX
KEY INFORMATION
2 Years (Monthly) 10/01/13 - 10/31/15
Market Dynamics BHGRE Gary GreeneSold Average vs. Median Price
Monthly % Total % Change
15.690.53
Monthly Change
2,114.28Median
Total ChangeAverage 2,257.50 54,180.01 12.70
50,742.680.65
Sublocations:All
Bathrooms:Single-Family: (Free Standing, Patio Home) Sq Ft:
HAR AllAll AllAllAll Lot Size:Bedrooms:Property Types:
107
2 Years (Monthly) Construction Type:Price:Period:MLS:
11/01/15BrokerMetrics®Information not guaranteed. © 2015 - 2016 Terradatum and its suppliers and licensors (http://www.terradatum.com/metrics/licensors).
© 2015 - 2016 Houston Association of Realtors Certain information contained herein is derived from information which is the licensed property of, and copyrighted by, Houston Association of Realtors
1 of 2
BHGRE Gary Greene
2 Years (Monthly) 10/01/13 - 10/31/15
Market DynamicsSold Average vs. Median Price
Time Period # Properties Sold Sold Average $ Sold Median $ Sold Avg DOMAverage $ - Median $ Median $ as % of Average $146Oct-15 467,364 74.5348,352 119,012 60168Sep-15 446,359 82.3367,500 78,859 44240Aug-15 436,313 75.6330,000 106,313 40238Jul-15 522,011 78.3408,950 113,061 47289Jun-15 553,460 75.0415,000 138,460 42232May-15 479,580 82.4395,000 84,580 44204Apr-15 471,664 71.0335,000 136,664 45208Mar-15 407,694 82.3335,500 72,194 50132Feb-15 439,452 79.1347,450 92,002 64127Jan-15 526,636 68.4360,000 166,636 55211Dec-14 445,794 80.0356,500 89,294 55127Nov-14 510,416 69.5354,500 155,916 46165Oct-14 404,115 84.1340,000 64,115 42187Sep-14 410,118 82.7339,000 71,118 36229Aug-14 444,543 77.2343,000 101,543 35303Jul-14 413,571 83.4345,000 68,571 28269Jun-14 455,421 80.2365,000 90,421 27269May-14 468,861 77.8365,000 103,861 32228Apr-14 441,674 73.6325,000 116,674 34206Mar-14 437,658 73.6322,000 115,658 38143Feb-14 442,656 73.7326,000 116,656 43125Jan-14 423,536 72.0305,000 118,536 46172Dec-13 419,476 84.9356,000 63,476 43177Nov-13 414,448 75.5313,000 101,448 47170Oct-13 459,404 70.0321,500 137,904 35
© 2015 - 2016 Houston Association of Realtors Certain information contained herein is derived from information which is the licensed property of, and copyrighted by, Houston Association of Realtors
2 11/01/152 ofBrokerMetrics®Information not guaranteed. © 2015 - 2016 Terradatum and its suppliers and licensors (http://www.terradatum.com/metrics/licensors).
Market DynamicsAverage $/SQFT (Sold)
2 Years (Monthly) 10/01/13 - 10/31/15
BHGRE Gary Greene
Price:
0.42
AllAll All
14.28
Property Types:HAR
Sold $/SQFT
MLS: AllBathrooms:
0.59
All Construction Type:
Total Change
Sq Ft:
Monthly Change
2 Years (Monthly)
Sublocations:
All
9.99
Lot Size:Period:
Monthly %
Bedrooms:
KEY INFORMATION
Total % Change
Single-Family: (Free Standing, Patio Home)107
11/01/15BrokerMetrics®Information not guaranteed. © 2015 - 2016 Terradatum and its suppliers and licensors (http://www.terradatum.com/metrics/licensors).
© 2015 - 2016 Houston Association of Realtors Certain information contained herein is derived from information which is the licensed property of, and copyrighted by, Houston Association of Realtors
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Average $/SQFT (Sold)2 Years (Monthly) 10/01/13 - 10/31/15
Market Dynamics BHGRE Gary Greene
#
FOR SALE
SQFTPeriod$/Avg
SQFTTime
Avg $
UNDER CONTRACT
# Avg $Avg
SQFT$/
SQFT
SOLD EXPIRED NEW LISTINGS
# # #Avg $ Avg $ Avg $Avg
SQFT$/
SQFTAvg
SQFT$/
SQFTAvg
SQFT$/
SQFT
198Oct-15 1,298 3,602714,011 170 500,203 3,048 164 146 221 325467,364 581,461 517,0233,046 153 3,349 174 3,145 164201Sep-15 1,348 3,646733,918 165 439,191 2,897 152 168 210 329446,359 752,863 624,6452,986 149 3,730 202 3,349 187196Aug-15 1,339 3,617710,708 146 460,248 2,980 154 240 174 302436,313 578,321 547,5002,875 152 3,421 169 3,157 173193Jul-15 1,399 3,580689,563 236 441,221 2,920 151 238 126 412522,011 589,507 496,0593,270 160 3,401 173 3,096 160199Jun-15 1,363 3,659729,526 219 521,015 3,115 167 289 157 425553,460 763,818 587,8323,247 170 3,644 210 3,299 178197May-15 1,280 3,656721,126 241 493,391 3,055 161 232 101 395479,580 590,288 537,4793,114 154 3,550 166 3,204 168199Apr-15 1,244 3,710737,998 255 547,136 3,240 169 204 104 450471,664 652,049 634,7303,022 156 3,609 181 3,428 185199Mar-15 1,135 3,708738,697 257 551,355 3,159 175 208 84 390407,694 765,250 632,9792,842 143 3,847 199 3,426 185199Feb-15 1,021 3,681733,055 200 457,470 2,954 155 132 76 298439,452 860,473 567,1283,019 146 3,888 221 3,299 172199Jan-15 985 3,669729,586 153 455,602 3,024 151 127 109 309526,636 637,529 573,6973,167 166 3,451 185 3,300 174198Dec-14 941 3,660724,281 147 531,243 3,155 168 211 118 174445,794 526,144 602,4512,960 151 3,271 161 3,318 182194Nov-14 994 3,612699,596 144 453,484 2,933 155 127 83 217510,416 643,068 546,5203,175 161 3,622 178 3,148 173189Oct-14 1,042 3,564674,565 180 445,566 2,914 153 165 85 246404,115 539,908 506,1672,815 144 3,326 162 3,110 163189Sep-14 1,038 3,557671,948 140 452,221 2,891 156 187 102 258410,118 546,968 491,0332,878 143 3,321 165 3,058 161188Aug-14 1,096 3,544665,567 221 438,692 2,918 150 229 95 312444,543 649,640 473,2992,955 150 3,539 184 3,050 155188Jul-14 1,066 3,521662,472 202 408,753 2,801 146 303 80 376413,571 522,936 476,5092,884 144 3,186 164 3,050 156189Jun-14 1,041 3,545669,679 275 450,989 2,980 151 269 76 370455,421 606,394 502,5303,025 150 3,480 174 3,144 160191May-14 985 3,546676,470 259 446,086 2,930 152 269 55 407468,861 719,752 549,0343,049 153 3,745 192 3,202 171191Apr-14 895 3,584683,554 277 487,094 3,081 158 228 40 383441,674 849,744 523,1402,999 147 4,130 206 3,212 163192Mar-14 830 3,586686,948 260 449,140 3,004 149 206 58 366437,658 723,662 489,7663,025 145 3,737 194 3,080 159200Feb-14 690 3,710741,525 185 515,781 3,108 166 143 41 244442,656 617,564 529,8282,986 148 3,313 186 3,208 164201Jan-14 674 3,721745,556 181 443,788 3,029 147 125 47 234423,536 846,908 631,9442,974 142 3,890 218 3,417 185196Dec-13 629 3,695722,909 120 419,687 2,973 141 172 69 144419,476 720,545 509,4213,001 139 3,759 192 3,159 161197Nov-13 662 3,688726,488 138 422,997 2,968 141 177 39 166414,448 1,056,635 532,3393,033 137 4,157 254 3,095 172187Oct-13 749 3,627678,701 192 441,328 3,057 144 170 61 214459,404 508,939 510,8763,062 150 3,316 153 3,156 162
© 2015 - 2016 Houston Association of Realtors Certain information contained herein is derived from information which is the licensed property of, and copyrighted by, Houston Association of Realtors
2 11/01/152 ofBrokerMetrics®Information not guaranteed. © 2015 - 2016 Terradatum and its suppliers and licensors (http://www.terradatum.com/metrics/licensors).
BHGRE Gary GreeneMarket Dynamics
2 Years (Monthly) 10/01/13 - 10/31/15Average DOM for Under Contract Properties
Monthly %0.55
107
Total % Change
Sq Ft:Bathrooms:All All
DOM
Construction Type:
Sublocations:
Period:Property Types:
13.28 35.91Monthly Change
1.50
Lot Size:All
KEY INFORMATION
Single-Family: (Free Standing, Patio Home) AllHAR AllBedrooms:
Total Change
AllMLS: Price:2 Years (Monthly)
Information not guaranteed. © 2015 - 2016 Terradatum and its suppliers and licensors (http://www.terradatum.com/metrics/licensors).
BrokerMetrics® 1 of 2
© 2015 - 2016 Houston Association of Realtors Certain information contained herein is derived from information which is the licensed property of, and copyrighted by, Houston Association of Realtors
11/01/15
Average DOM for Under Contract PropertiesMarket Dynamics BHGRE Gary Greene
2 Years (Monthly) 10/01/13 - 10/31/15
Period Avg DOM Avg CDOMContract# UnderTime
58Oct-15 10717052Sep-15 8016541Aug-15 7014640Jul-15 6423647Jun-15 7021941May-15 6324141Apr-15 5825549Mar-15 6525750Feb-15 9120059Jan-15 8415368Dec-14 9514749Nov-14 7314445Oct-14 6418043Sep-14 6114039Aug-14 4922134Jul-14 4420232Jun-14 4227525May-14 2925930Apr-14 4627730Mar-14 4826043Feb-14 5618544Jan-14 7018148Dec-13 6112037Nov-13 5313845Oct-13 62192
2
© 2015 - 2016 Houston Association of Realtors Certain information contained herein is derived from information which is the licensed property of, and copyrighted by, Houston Association of Realtors
11/01/15Information not guaranteed. © 2015 - 2016 Terradatum and its suppliers and licensors (http://www.terradatum.com/metrics/licensors).
BrokerMetrics® 2 of
! Page 1 9000 Forest Crossing, The Woodlands, Texas 77381 Office: 281.367.3531 or 800.932.7253
The Woodlands Texas Real Estate Report
Months Supply Of “For Sale” Listing Inventory – November 1st, 2015 Q. Is it a Seller’s Market or a Buyer’s Market? A. According to real estate economists a six-month supply of For Sale Inventory represents a balanced market. Over six months of For Sale Inventory indicates a buyer’s market. Less than six months of inventory in considered a seller’s market. As we can see from these inventory numbers below, sellers priced under $700,000 enjoy a seller’s market. Here’s a break down by price.
PRICE RANGE MONTHS SUPPLY OF LISTING INVENTORY
$000,000 – $200,000 . . . . . . . . . . . . . . . . . . . . 1.0 Months $200,001 – $300,000 . . . . . . . . . . . . . . . . . . . . 3.4 Months
$300,001 – $400,000 . . . . . . . . . . . . . . . . . . . . 4.0 Months $400,001 – $500,000 . . . . . . . . . . . . . . . . . . . . 4.5 Months $500,001 – $600,000 . . . . . . . . . . . . . . . . . . . . 5.2 Months $600,001 – $700,000 . . . . . . . . . . . . . . . . . . . . 5.5 Months $700,001 – $800,000 . . . . . . . . . . . . . . . . . . . . 8.5 Months $800,001 – $900,000 . . . . . . . . . . . . . . . . . . . . 5.7 Months $900,001 – $1,000,000 . . . . . . . . . . . . . . . . . . 7.3 Months
$1,000,001 - $1,500,000 . . . . . . . . . . . . . . . . 9.2 Months $1,500,001 - $2,000,000 . . . . . . . . . . . . . . . . 16.0 Months
$2,000,001 - $3,000,000+ . . . . . . . . . . . . . . . 14.6 Months $3,000,001+. . . . . . . . . . . . . . . . . . . . . . . . . . . 30.7 Months All Price Ranges . . . . . . . . . . . . . . . . . . . . . . . . 4.6 Months
What does this mean? For Buyers: When shopping seller’s market price ranges, when you find something you love, don’t hesitate to submit an offer. When shopping buyer’s market price ranges the services of a knowledgeable negotiator will help you secure the very best price and terms. What ever your price range, for the best possible price and terms call today. For Sellers: In a buyer’s market you’ll need maximum exposure, fierce marketing and a skilled negotiator to help you win. To sell your property for HIGHEST possible price and the BEST possible terms call us today. Closing Thoughts: While mulling over these inventory numbers, keep in mind these figures represent big averages across The Woodlands. Real estate is hyper local in nature and market conditions for your specific property, in your specific neighborhood may be different that the big average you see above. To find out what’s happening in your neighborhood, contact us and we’ll provide you with an up to the minute, on-target Months Supply of Inventory report. Give us a call and we’ll send you your free report – pronto.
Months Supply of Inventory (UC Calculation)Market Dynamics
2 Years (Monthly) 10/01/13 - 10/31/15
BHGRE Gary Greene
Sublocations:
121.74
Price:HAR Bedrooms:Period:
Monthly %MSI-UC
2 Years (Monthly)
107
5.07
Single-Family: (Free Standing, Patio Home)
Total % Change
Property Types:
KEY INFORMATION
AllAll Lot Size:All
2.94Monthly Change
0.12Total Change
Sq Ft:AllAll Bathrooms:MLS: AllConstruction Type:
Information not guaranteed. © 2015 - 2016 Terradatum and its suppliers and licensors (http://www.terradatum.com/metrics/licensors).
BrokerMetrics® 1 of 2
© 2015 - 2016 Houston Association of Realtors Certain information contained herein is derived from information which is the licensed property of, and copyrighted by, Houston Association of Realtors
11/01/15
BHGRE Gary GreeneMarket DynamicsMonths Supply of Inventory (UC Calculation)
2 Years (Monthly) 10/01/13 - 10/31/15
Period NAR MSI # SoldMSI# For Sale Last
Day of Month# UnderContract
Time
6.2Oct-15 170 1469075.3
5.8Sep-15 165 1689735.9
4.2Aug-15 146 2401,0197.0
4.4Jul-15 236 2381,0374.4
3.4Jun-15 219 2899874.5
4.0May-15 241 2329383.9
4.3Apr-15 255 2048853.5
3.8Mar-15 257 2087943.1
5.6Feb-15 200 1327453.7
5.7Jan-15 153 1277234.7
3.2Dec-14 147 2116764.6
6.0Nov-14 144 1277675.3
4.7Oct-14 180 1657774.3
4.3Sep-14 140 1877965.7
3.4Aug-14 221 2297803.5
2.6Jul-14 202 3037843.9
2.6Jun-14 275 2696902.5
2.5May-14 259 2696712.6
2.5Apr-14 277 2285782.1
2.5Mar-14 260 2065122.0
3.2Feb-14 185 1434642.5
3.6Jan-14 181 1254462.5
2.6Dec-13 120 1724403.7
2.7Nov-13 138 1774853.5
2.9Oct-13 192 1704962.6
2
© 2015 - 2016 Houston Association of Realtors Certain information contained herein is derived from information which is the licensed property of, and copyrighted by, Houston Association of Realtors
11/01/15Information not guaranteed. © 2015 - 2016 Terradatum and its suppliers and licensors (http://www.terradatum.com/metrics/licensors).
BrokerMetrics® 2 of