The Woodlands, TX Real Estate Update- September 2017

Post on 28-Jan-2018

38 views 0 download

Transcript of The Woodlands, TX Real Estate Update- September 2017

REAL ESTATEUPDATE

The Woodlands

SEPTEMBER 2017

brought to you by:

www.ReferredRealtyTX.com

Market DynamicsAverage $/SQFT (FS, Sold)

2 Years (Monthly) 09/01/15 - 09/30/17

Referred Realty Group

Price:

-0.32

AllAll All

-0.15-15.36

Property Types:HAR

Sold $/SQFTFor Sale $/SQFT

MLS: All

-0.23

Bathrooms:

-0.64

All

-3.63-5.46

Construction Type:

Total Change

Sq Ft:

Monthly Change

2 Years (Monthly)

Sublocations:

All

-7.75

Lot Size:Period:

Monthly %

Bedrooms:

KEY INFORMATION

Total % Change

Single-Family: (Residential, Duplex)THEWOO

10/04/17BrokerMetrics®Information not guaranteed. © 2006 - 2017 Terradatum and its suppliers and licensors (http://www.terradatum.com/metrics/licensors).

© 2017 - 2018 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

Average $/SQFT (FS, Sold)2 Years (Monthly) 09/01/15 - 09/30/17

Market Dynamics Referred Realty Group

#

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

188Sep-17 1,175 3,555666,584 173 466,977 3,010 155 199 175 244437,844 606,993 518,3382,971 147 3,476 175 3,107 167185Aug-17 1,311 3,552658,265 172 497,479 3,043 163 190 208 247447,970 580,084 515,5672,992 150 3,430 169 3,187 162182Jul-17 1,511 3,520641,969 240 451,019 2,987 151 246 207 403456,350 609,327 536,1593,068 149 3,544 172 3,250 165182Jun-17 1,563 3,538643,842 239 489,620 3,118 157 280 216 444449,436 626,678 541,8613,022 149 3,590 175 3,276 165184May-17 1,568 3,545652,047 251 464,935 3,023 154 268 198 475422,358 706,933 578,2182,918 145 3,656 193 3,341 173182Apr-17 1,492 3,483635,100 248 439,580 2,875 153 157 151 454387,536 601,306 503,9422,801 139 3,393 177 3,133 161186Mar-17 1,395 3,550661,471 206 461,177 3,022 153 175 151 538486,553 721,661 566,0933,160 154 3,679 196 3,347 169189Feb-17 1,122 3,573675,515 163 499,927 3,116 160 137 102 328423,640 571,028 513,6842,921 145 3,418 167 3,188 161191Jan-17 1,069 3,573682,729 147 447,968 2,956 152 93 128 262455,154 582,401 595,4603,061 149 3,300 176 3,273 182191Dec-16 1,058 3,594684,738 118 451,886 2,958 153 153 133 174410,923 731,602 591,7222,951 139 3,692 198 3,395 174187Nov-16 1,142 3,541661,653 118 405,203 2,882 141 151 140 234431,506 616,430 459,1092,987 144 3,515 175 2,992 153193Oct-16 1,198 3,616695,925 143 443,384 2,958 150 133 147 255416,815 830,870 554,5022,906 143 3,844 217 3,225 173190Sep-16 1,252 3,595682,544 149 444,300 2,925 152 160 160 280411,262 600,149 507,1802,917 141 3,481 173 3,157 161192Aug-16 1,312 3,592688,909 164 483,146 3,026 160 232 176 345454,232 636,812 544,7743,027 150 3,404 187 3,161 173189Jul-16 1,348 3,602682,258 204 453,576 3,040 149 209 177 368435,491 628,540 535,7372,966 147 3,469 181 3,208 167190Jun-16 1,349 3,623687,118 200 437,526 2,911 150 234 169 394443,436 691,627 598,5243,036 146 3,732 185 3,357 178190May-16 1,315 3,650694,278 203 475,747 3,060 155 226 157 385486,426 798,061 522,8583,159 154 3,910 204 3,254 161193Apr-16 1,328 3,664705,820 257 475,443 3,055 156 148 141 426428,549 733,790 560,3032,899 148 3,784 194 3,284 171194Mar-16 1,203 3,683715,994 177 448,067 2,906 154 174 124 361414,500 672,531 572,1432,847 146 3,624 186 3,355 171198Feb-16 1,145 3,658722,562 175 491,975 2,921 168 113 128 340402,068 675,318 602,8742,753 146 3,576 190 3,413 177198Jan-16 1,097 3,627718,595 124 453,836 2,890 157 104 168 273478,814 652,778 583,0692,984 160 3,526 185 3,303 177200Dec-15 1,098 3,662731,710 109 540,803 3,057 177 159 165 181505,979 699,087 598,9763,141 161 3,698 189 3,176 189196Nov-15 1,153 3,639712,146 128 409,501 2,853 144 117 108 207398,091 682,268 499,3202,775 143 3,571 191 3,127 160195Oct-15 1,281 3,613703,164 157 507,791 3,037 167 163 178 326462,944 580,251 503,4833,020 153 3,382 172 3,140 160199Sep-15 1,308 3,653725,666 166 435,810 2,874 152 171 187 322442,019 749,781 606,9492,967 149 3,726 201 3,362 181

© 2017 - 2018 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 10/04/172 ofBrokerMetrics®Information not guaranteed. © 2006 - 2017 Terradatum and its suppliers and licensors (http://www.terradatum.com/metrics/licensors).

Market DynamicsSupply & Demand - # Units (FS, UC, Sold)

2 Years (Monthly) 09/01/15 - 09/30/17

Referred Realty Group

Price:

0.68

AllAll All

1.60191.84

Property Types:HAR

Under Contract2.75

For Sale

MLS: All

2.38

Bathrooms:

1.93

7.99

Sold

All

38.4657.18

Construction Type:

Total Change

Sq Ft:

Monthly Change

2 Years (Monthly)

Sublocations:

All

16.31

Lot Size:Period:

46.35

Monthly %

Bedrooms:

KEY INFORMATION

Total % Change

66.11

Single-Family: (Residential, Duplex)THEWOO

Information not guaranteed. © 2006 - 2017 Terradatum and its suppliers and licensors (http://www.terradatum.com/metrics/licensors).© 2017 - 2018 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 ofBrokerMetrics® 2 10/04/17

Supply & Demand - # Units (FS, UC, Sold)2 Years (Monthly) 09/01/15 - 09/30/17

Market Dynamics Referred Realty Group

# Properties # PropertiesAverage DOM# PropertiesSOLD

# PropertiesFOR SALE

Average DOM Average DOMUNDER CONTRACT

Average DOMNEW LISTINGS

# PropertiesEXPIRED

Time Period

95 244Sep-17 11561 17567 1991731,17589 247Aug-17 9559 20859 1901721,31179 403Jul-17 9753 20754 2462401,51177 444Jun-17 9947 21655 2802391,56377 475May-17 9845 19849 2682511,56875 454Apr-17 9657 15145 1572481,49280 538Mar-17 13369 15147 1752061,39594 328Feb-17 12080 10268 1371631,122

108 262Jan-17 14572 12890 931471,069109 174Dec-16 12278 13369 1531181,058101 234Nov-16 12358 14070 1511181,142

98 255Oct-16 13567 14760 1331431,19894 280Sep-16 11850 16066 1601491,25288 345Aug-16 10251 17653 2321641,31286 368Jul-16 10145 17751 2092041,34884 394Jun-16 10255 16951 2342001,34986 385May-16 12253 15750 2262031,31587 426Apr-16 11561 14157 1482571,32895 361Mar-16 13363 12449 1741771,20399 340Feb-16 11462 12863 1131751,145

109 273Jan-16 12466 16867 1041241,097114 181Dec-15 13455 16571 1591091,098100 207Nov-15 9757 10856 1171281,153

94 326Oct-15 12062 17861 1631571,28193 322Sep-15 11543 18753 1711661,308

10/04/17 2Information not guaranteed. © 2006 - 2017 Terradatum and its suppliers and licensors (http://www.terradatum.com/metrics/licensors).

2 ofBrokerMetrics®

© 2017 - 2018 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

Market DynamicsSupply & Demand - # Units (FS, UC, Sold)

Sep-16 through Sep-17

Referred Realty Group

Price:

1,175.0

AllAll All

173.0-77.0

Property Types:HAR

Under Contract160.0

For Sale

MLS: All

149.0

Bathrooms:

199.0

1,252.0

Sold

All

16.124.0

Construction Type:

# Units Change

Sq Ft:

Sep-16

2 Years (Monthly)

Sublocations:

All

-6.2

Lot Size:Period:

24.4

Sep-17

Bedrooms:

KEY INFORMATION

Percent Change

39.0

Single-Family: (Residential, Duplex)THEWOO

Information not guaranteed. © 2006 - 2017 Terradatum and its suppliers and licensors (http://www.terradatum.com/metrics/licensors).© 2017 - 2018 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 ofBrokerMetrics® 2 10/04/17

Supply & Demand - # Units (FS, UC, Sold)Sep-16 through Sep-17

Market Dynamics Referred Realty Group

# Properties # PropertiesAverage DOM# PropertiesSOLD

# PropertiesFOR SALE

Average DOM Average DOMUNDER CONTRACT

Average DOMNEW LISTINGS

# PropertiesEXPIRED

Time Period

95 244Sep-17 11561 17567 1991731,17589 247Aug-17 9559 20859 1901721,31179 403Jul-17 9753 20754 2462401,51177 444Jun-17 9947 21655 2802391,56377 475May-17 9845 19849 2682511,56875 454Apr-17 9657 15145 1572481,49280 538Mar-17 13369 15147 1752061,39594 328Feb-17 12080 10268 1371631,122

108 262Jan-17 14572 12890 931471,069109 174Dec-16 12278 13369 1531181,058101 234Nov-16 12358 14070 1511181,142

98 255Oct-16 13567 14760 1331431,19894 280Sep-16 11850 16066 1601491,252

10/04/17 2Information not guaranteed. © 2006 - 2017 Terradatum and its suppliers and licensors (http://www.terradatum.com/metrics/licensors).

2 ofBrokerMetrics®

© 2017 - 2018 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

Months Supply of Inventory (UC Calculation)Market Dynamics

Sep-15 through Sep-17

Referred Realty Group

Sublocations:

-20.64

Price:HAR Bedrooms:Period:

Monthly %MSI-UC

2 Years (Monthly)

THEWOO

-0.86

Single-Family: (Residential, Duplex)

Total % Change

Property Types:

KEY INFORMATION

AllAll Lot Size:All

-1.27Monthly Change

-0.05Total Change

Sq Ft:AllAll Bathrooms:MLS: AllConstruction Type:

Information not guaranteed. © 2006 - 2017 Terradatum and its suppliers and licensors (http://www.terradatum.com/metrics/licensors).

BrokerMetrics® 1 of 2

© 2017 - 2018 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

10/04/17

Referred Realty GroupMarket DynamicsMonths Supply of Inventory (UC Calculation)

Sep-15 through Sep-17

Period NAR MSI # SoldMSI# For Sale Last

Day of Month# UnderContract

Time

4.2Sep-17 173 1998274.8

4.9Aug-17 172 1909315.4

4.3Jul-17 240 2461,0644.4

4.0Jun-17 239 2801,1084.6

4.2May-17 251 2681,1194.5

7.0Apr-17 248 1571,0934.4

5.9Mar-17 206 1751,0385.0

6.3Feb-17 163 1378575.3

8.5Jan-17 147 937945.4

5.3Dec-16 118 1538076.8

5.9Nov-16 118 1518847.5

6.8Oct-16 143 1339086.3

5.9Sep-16 149 1609436.3

4.2Aug-16 164 2329725.9

4.6Jul-16 204 2099674.7

4.2Jun-16 200 2349804.9

4.2May-16 203 2269554.7

6.3Apr-16 257 1489303.6

5.2Mar-16 177 1749025.1

7.5Feb-16 175 1138424.8

7.7Jan-16 124 1048056.5

5.2Dec-15 109 1598247.6

7.8Nov-15 128 1179177.2

5.8Oct-15 157 1639466.0

5.6Sep-15 166 1719555.8

2

© 2017 - 2018 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

10/04/17Information not guaranteed. © 2006 - 2017 Terradatum and its suppliers and licensors (http://www.terradatum.com/metrics/licensors).

BrokerMetrics® 2 of

September 2017 Snapshot by Price Range

Price RangeDays on

Market

Months

Supply of

Inventory*

Under

ContractSOLD

Number Active

End of Current

Month

100-199k 41 0.9 16 22 15

200-299k 53 3.0 47 52 141

300-399k 72 5.1 30 44 153

400-499k 73 4.4 24 28 106

500-599k 55 4.6 16 18 74

600-699k 95 6.5 10 9 65

700-799k 64 8.1 7 10 57

800-899k 142 18.5 2 3 37

900-999k 38 11.5 2 3 23

1M-1.49M 88 15.3 3 6 46

1.5M-1.9M 250 30.0 1 2 30

2M-17M 80 13.0 3 1 39

*Economists consider a balanced market (buyer vs. seller activity) to be 6 mo.

Questions about the market? Call on us!

Look us up on Facebook!