Feb 2017 Real Estate Market Report, The Woodlands, TX

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  • February 2017

    Our take on Hows the market?

    photo courtesy of Brent Pullan Photography

    @ReferredRealty www.ReferredRealtyGroup.com(281)210-0029

  • Market DynamicsAverage $/SQFT (FS, Sold)

    2 Years (Monthly) 02/01/15 - 02/28/17

    Referred Realty Group

    Price:

    -0.18

    AllAll All

    -0.30-8.77

    Property Types:HAR

    Sold $/SQFTFor Sale $/SQFT

    MLS: All

    -0.46

    Bathrooms:

    -0.37

    All

    -7.14-11.09

    Construction Type:

    Total Change

    Sq Ft:

    Monthly Change

    2 Years (Monthly)

    Sublocations:

    All

    -4.40

    Lot Size:Period:

    Monthly %

    Bedrooms:

    KEY INFORMATION

    Total % Change

    Single-Family: (Residential)THEWOO

    03/03/17BrokerMetricsInformation 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) 02/01/15 - 02/28/17

    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

    192Feb-17 1,088 3,563683,616 177 493,114 3,123 158 132 113 328423,967 583,190 526,2552,914 145 3,463 168 3,194 165193Jan-17 1,046 3,568689,453 151 473,442 3,024 157 93 135 262455,154 581,604 605,5773,061 149 3,309 176 3,272 185192Dec-16 1,041 3,589688,875 118 451,886 2,958 153 153 139 174410,923 728,701 600,2972,951 139 3,690 197 3,385 177188Nov-16 1,132 3,536662,613 118 405,203 2,882 141 151 147 234431,506 609,503 461,7572,987 144 3,507 174 2,992 154194Oct-16 1,193 3,615699,036 143 443,384 2,958 150 133 152 256416,815 845,519 559,3812,906 143 3,859 220 3,228 174191Sep-16 1,248 3,594684,926 149 444,300 2,925 152 160 162 280411,262 603,942 509,0912,917 141 3,480 174 3,157 161193Aug-16 1,309 3,591691,373 164 483,146 3,026 160 232 177 346454,232 641,406 547,2603,027 150 3,412 188 3,162 174190Jul-16 1,346 3,601684,027 205 455,042 3,043 150 209 178 368435,491 627,873 537,6762,968 147 3,470 181 3,208 168190Jun-16 1,349 3,622687,984 200 437,526 2,911 150 234 171 394443,994 688,596 599,7903,036 146 3,727 185 3,357 179190May-16 1,315 3,650694,787 203 475,747 3,062 155 226 157 385486,426 798,061 523,6373,159 154 3,910 204 3,255 161193Apr-16 1,328 3,663706,098 257 475,443 3,055 156 148 141 426428,549 733,790 560,2922,899 148 3,784 194 3,284 171195Mar-16 1,203 3,682716,306 177 448,067 2,906 154 174 124 361414,500 672,531 572,1432,847 146 3,624 186 3,355 171198Feb-16 1,145 3,657722,889 175 491,975 2,921 168 113 128 340402,515 675,318 603,5812,753 146 3,576 190 3,409 178198Jan-16 1,097 3,627718,717 124 453,836 2,890 157 104 168 273478,814 652,778 583,3442,984 160 3,526 185 3,303 177200Dec-15 1,098 3,662731,764 109 540,803 3,057 177 159 165 181505,979 699,087 598,9763,141 161 3,698 189 3,176 189196Nov-15 1,153 3,639712,197 128 409,501 2,853 144 117 108 207398,091 682,268 499,3922,775 143 3,571 191 3,127 160195Oct-15 1,281 3,613703,198 157 507,791 3,037 167 163 178 326462,944 580,251 503,4833,020 153 3,382 172 3,140 160199Sep-15 1,308 3,653725,700 166 435,810 2,874 152 171 187 322442,019 749,781 606,9492,967 149 3,726 201 3,362 181195Aug-15 1,300 3,617706,589 148 455,816 2,960 154 241 166 306435,178 586,308 540,5062,869 152 3,421 171 3,152 171191Jul-15 1,360 3,570683,495 235 442,234 2,924 151 241 131 413518,493 553,116 490,2123,252 159 3,290 168 3,093 159199Jun-15 1,313 3,658726,621 222 517,754 3,100 167 291 144 422554,075 777,885 585,8513,248 171 3,732 208 3,302 177197May-15 1,245 3,647717,217 244 493,646 3,055 162 233 110 402478,273 596,918 530,8853,107 154 3,503 170 3,187 167199Apr-15 1,209 3,705735,858 259 544,747 3,232 169 207 107 451467,674 645,274 629,2663,000 156 3,575 180 3,418 184200Mar-15 1,097 3,704739,444 257 554,892 3,157 176 210 82 392405,888 764,747 627,6432,832 143 3,828 200 3,413 184200Feb-15 977 3,669733,379 201 447,442 2,926 153 133 71 299437,539 865,363 564,1133,009 145 3,831 226 3,287 172

    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 03/03/172 ofBrokerMetricsInformation 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) 02/01/15 - 02/28/17

    Referred Realty Group

    Price:

    -0.13

    AllAll All

    -1.48-39.33

    Property Types:HAR

    Under Contract-2.79

    For Sale

    MLS: All

    -3.23

    Bathrooms:

    -1.32

    -1.64

    Sold

    All

    -35.52-77.44

    Construction Type:

    Total Change

    Sq Ft:

    Monthly Change

    2 Years (Monthly)

    Sublocations:

    All

    -3.21

    Lot Size:Period:

    -31.78

    Monthly %

    Bedrooms:

    KEY INFORMATION

    Total % Change

    -66.87

    Single-Family: (Residential)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 03/03/17

  • Supply & Demand - # Units (FS, UC, Sold)2 Years (Monthly) 02/01/15 - 02/28/17

    Market Dynamics Referred Realty Group

    # Properties # PropertiesAverage DOM# PropertiesSOLD

    # PropertiesFOR SALE

    Average DOM Average DOMUNDER CONTRACT

    Average DOMNEW LISTINGS

    # PropertiesEXPIRED

    Time Period

    90 328Feb-17 12081 11366 1321771,088105 262Jan-17 14272 13592 931511,046108 174Dec-16 12278 13969 1531181,041100 234Nov-16 12258 14770 1511181,132

    97 256Oct-16 13467 15260 1331431,19393 280Sep-16 11750 16266 1601491,24888 346Aug-16 10251 17753 2321641,30985 368Jul-16 10145 17852 2092051,34683 394Jun-16 10255 17151 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 1711661,30890 306Aug-15 10941 16641 2411481,30079 413Jul-15 9146 13140 2412351,36079 422Jun-15 10643 14447 2912221,31377 402May-15 8544 11041 2332441,24575 451Apr-15 10346 10741 2072591,20983 392Mar-15 11950 8250 2102571,09789 299Feb-15 11064 7149 133201977

    03/03/17 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)

    Feb-16 through Feb-17

    Referred Realty Group

    Price:

    1,088.0

    AllAll All

    177.0-57.0

    Property Types:HAR

    Under Contract113.0

    For Sale

    MLS: All

    175.0

    Bathrooms:

    132.0

    1,145.0

    Sold

    All

    1.12.0

    Construction Type:

    # Units Change

    Sq Ft:

    Feb-16

    2 Years (Monthly)

    Sublocations:

    All

    -5.0

    Lot Size:Period:

    16.8

    Feb-17

    Bedrooms:

    KEY INFORMATION

    Percent Change

    19.0

    Single-Family: (Residential)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 03/03/17

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

    Market Dynamics Referred Realty Group

    # Properties # PropertiesAverage DOM# PropertiesSOLD

    # PropertiesFOR SALE

    Average DOM Average DOMUNDER CONTRACT

    Average DOMNEW LISTINGS

    # PropertiesEXPIRED

    Time Period

    90 328Feb-17 12081 11366 1321771,088105 262Jan-17 14272 13592 931511,046108 174Dec-16 12278 13969 1531181,041100 234Nov-16 12258 14770 1511181,132

    97 256Oct-16 13467 15260 1331431,19393 280Sep-16 11750 16266 1601491,24888 346Aug-16 10251 17753 2321641,30985 368Jul-16 10145 17852 2092051,34683 394Jun-16 10255 17151 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

    03/03/17 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

    Feb-15 through Feb-17

    Referred Realty Group

    Sublocations:

    43.35

    Price:HAR Bedrooms:Period:

    Monthly %MSI-UC

    2 Years (Monthly)

    THEWOO

    1.81

    Single-Family: (Residential)

    Total % Change

    Property Types:

    KEY INFORMATION

    AllAll Lot Size:All

    1.87Monthly Change

    0.08Total 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

    03/03/17

  • Referred Realty GroupMarket DynamicsMonths Supply of Inventory (UC Calculation)

    Feb-15 through Feb-17

    Period NAR MSI # SoldMSI# For Sale Last

    Day of Month# UnderContract

    Time

    6.0Feb-17 177 1327984.5

    8.2Jan-17 151 937605.0

    5.1Dec-16 118 1537846.6

    5.7Nov-16 118 1518677.3

    6.8Oct-16 143 1338986.3

    5.9Sep-16 149 1609376.3

    4.2Aug-16 164 2329685.9

    4.6Jul-16 205 2099634.7

    4.2Jun-16 200 2349784.9

    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

    4.1Aug-15 148 2419866.7

    4.1Jul-15 235 2419944.2

    3.3Jun-15 222 2919474.3

    3.8May-15 244 2338913.7

    4.1Apr-15 259 2078433.3

    3.6Mar-15 257 2107582.9

    5.3Feb-15 201 1337053.5

    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

    03/03/17Information not guaranteed. 2006 - 2017 Terradatum and its suppliers and licensors (http://www.terradatum.com/metrics/licensors).

    BrokerMetrics 2 of

  • February 2017 Snapshot by Price Range

    Price RangeDays on

    Market

    Months

    Supply of

    Inventory*

    Under

    ContractSOLD Number Active

    100-199k 48 2.7 12 13 32

    200-299k 56 2.3 54 44 125

    300-399k 38 4.2 30 28 127

    400-499k 88 5.5 22 19 122

    500-599k 87 4.9 16 7 79

    600-699k 95 5.6 11 6 62

    700-799k 21 12.3 3 2 37

    800-899k 70 5.6 5 1 28

    900-999k 160 7.8 4 3 31

    1.0m - 17m 95 8.6 13 7 112

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

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