Homes sales report the woodlands july 2013

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The Home Sales Real Estate Sales Report The Woodlands | June 2013 Lis=ng Inventory Month By Month Home Sales Month By Month Average Sold Price / Median Sold Price – Month By Month Average Price Per Square Foot – Month By Month Average Days On Market – Month By Month Months Supply of For Sale Inventory – Month By Month 9000 Forest Crossing Drive | The Woodlands TX 77381 | 281-367-3531 281-367-3531

Transcript of Homes sales report the woodlands july 2013

The$Home$Sales$Real$Estate$Sales$Report$$The$Woodlands$|$June$2013$Lis=ng$Inventory$Month$By$Month$

Home$Sales$Month$By$Month$$

Average$Sold$Price$/$Median$Sold$Price$–$Month$By$Month$

Average$Price$Per$Square$Foot$–$Month$By$Month$

Average$Days$On$Market$–$Month$By$Month$

Months$Supply$of$For$Sale$Inventory$–$Month$By$Month$$

$

9000 Forest Crossing Drive | The Woodlands TX 77381 | 281-367-3531

281-367-3531

Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec20132012201120102009

402 377 407 426 421 423685 695 695 699 665 668 660 634 568 528 485 406874 956 1001 1045 1060 990 952 951 875 854 803 746699 776 837 918 928 1001 1084 1107 1058 988 878 869762 819 831 890 931 920 973 933 863 807 783 746

350

550

750

950

1150

Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec

402 377 407 426 421 423

2013 2012 2011 2010 2009

The Woodlands Texas Real Estate ReportUnsold Listing Inventory - Month to Month / 2009 to 2013

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

Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec20132012201120102009

182 257 290 327 364 304139 196 275 303 323 265 267 239 173 207 178 145161 145 236 232 265 272 245 212 182 153 122 125111 166 224 269 188 177 194 175 167 167 121 126114 158 172 207 224 224 229 173 169 156 120 109

175

250

325

400

Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec

182

257290

327364

304

2013 2012 2011 2010 2009

The Woodlands Texas Real Estate ReportProperties Placed Under Contract - Month to Month / 2009 to 2013

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

KEY INFORMATION

2 Years (Monthly) 06/01/11 - 06/30/13

0DUNHW�'\QDPLFV %+*5(�*DU\�*UHHQHSold Average vs. Median Price

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15.990.56

0RQWKO\�&KDQJH

1,724.07Median

7RWDO�&KDQJHAverage 1,937.63 46,503.24 13.48

41,377.570.67

Sublocations:All

Bathrooms:Single-Family: (Free Standing, Manufactured, Patio Home, Duplex, Historic) Sq Ft:

HAR AllAll AllAllAll Lot Size:Bedrooms:Property Types:

107

2 Years (Monthly) Construction Type:Price:Period:MLS:

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BHGRE Gary Greene

2 Years (Monthly) 06/01/11 - 06/30/13

Market DynamicsSold Average vs. Median Price

Time Period # Properties Sold Sold Average $ Sold Median $ Sold Avg DOMAverage $ - Median $ Median $ as % of Average $314Jun-13 420,269 78.5330,000 90,269 28306May-13 420,160 72.6305,000 115,160 32234Apr-13 393,727 75.6297,869 95,858 38214Mar-13 378,182 78.1295,250 82,932 45172Feb-13 353,727 76.6271,000 82,727 54131Jan-13 387,824 78.0302,500 85,324 65181Dec-12 420,754 64.0269,500 151,254 68184Nov-12 329,001 81.8269,230 59,771 51186Oct-12 359,952 76.8276,350 83,602 47220Sep-12 320,877 81.0260,000 60,877 47259Aug-12 348,340 77.4269,500 78,840 53239Jul-12 384,803 80.7310,500 74,303 56305Jun-12 384,889 78.2301,000 83,889 48276May-12 368,856 80.1295,475 73,381 63212Apr-12 359,766 73.7265,182 94,584 68190Mar-12 366,555 79.4291,000 75,555 65112Feb-12 341,316 83.2283,850 57,466 7697Jan-12 428,281 60.2258,000 170,281 78

157Dec-11 368,367 78.4289,000 79,367 79132Nov-11 325,380 77.7252,750 72,630 79155Oct-11 304,773 75.1229,000 75,773 72179Sep-11 377,317 66.0249,000 128,317 65273Aug-11 393,468 69.1272,000 121,468 77250Jul-11 312,129 83.3260,011 52,118 74253Jun-11 357,961 79.3284,000 73,961 67

© 2013 - 2014 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 07/07/132 of%URNHU0HWULFV�Information not guaranteed. © 2013 - 2014 Terradatum and its suppliers and licensors (http://www.terradatum.com/metrics/licensors).

0DUNHW�'\QDPLFVAverage $/SQFT (Sold)

2 Years (Monthly) 06/01/11 - 06/30/13

%+*5(�*DU\�*UHHQH

Price:

0.56

AllAll All

15.47

Property Types:HAR

Sold $/SQFT

MLS: AllBathrooms:

0.64

All Construction Type:

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Sq Ft:

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2 Years (Monthly)

Sublocations:

All

13.45

Lot Size:Period:

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Bedrooms:

KEY INFORMATION

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Single-Family: (Free Standing, Manufactured, Patio Home, Duplex, Historic)107

07/07/13%URNHU0HWULFV�Information not guaranteed. © 2013 - 2014 Terradatum and its suppliers and licensors (http://www.terradatum.com/metrics/licensors).

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Average $/SQFT (Sold)2 Years (Monthly) 06/01/11 - 06/30/13

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

179Jun-13 805 3,582640,194 296 422,303 3,028 140 314 67 334420,269 649,442 435,8093,078 137 3,823 170 3,083 141178May-13 883 3,581636,053 349 455,128 3,130 145 306 63 378420,160 523,788 455,4173,038 138 3,427 153 3,090 147179Apr-13 848 3,624649,409 291 458,482 3,112 147 234 52 380393,727 534,484 520,3913,023 130 3,331 160 3,278 159175Mar-13 789 3,609633,326 263 410,517 3,030 136 214 58 345378,182 668,593 458,0132,956 128 3,850 174 3,170 144178Feb-13 700 3,657650,476 224 391,498 3,007 130 172 32 242353,727 811,178 491,1202,909 122 4,146 196 3,229 152174Jan-13 710 3,625628,650 185 380,287 2,973 128 131 67 245387,824 589,643 476,9682,981 130 3,660 161 3,246 147177Dec-12 674 3,601635,707 135 449,520 3,044 148 181 74 135420,754 517,532 401,4623,038 138 3,223 161 3,045 132172Nov-12 764 3,521605,777 164 358,522 2,846 126 184 61 186329,001 487,649 410,7032,864 115 3,389 146 3,040 135172Oct-12 855 3,489600,562 190 379,062 2,965 128 186 87 234359,952 632,594 427,2762,954 121 3,383 187 3,031 142170Sep-12 864 3,482593,496 165 364,915 2,881 127 220 78 187320,877 500,917 429,8502,825 114 3,349 150 3,051 141164Aug-12 1,005 3,428562,504 234 362,192 2,930 123 259 94 296348,340 512,399 393,7882,927 119 3,408 150 2,993 131161Jul-12 1,038 3,437553,302 244 349,618 2,952 118 239 85 317384,803 473,710 419,4053,138 123 3,395 140 3,133 134162Jun-12 1,063 3,435557,373 240 392,849 3,013 130 305 102 334384,889 557,136 447,0303,110 124 3,469 161 3,171 141157May-12 1,112 3,410534,846 289 378,257 3,065 123 276 94 356368,856 449,500 386,1563,072 120 3,341 135 3,075 126159Apr-12 1,119 3,440545,854 280 407,276 3,155 129 212 83 371359,766 475,851 425,0612,983 121 3,241 147 3,140 135157Mar-12 1,096 3,437540,958 257 390,091 3,085 126 190 91 376366,555 434,328 399,9443,091 119 3,186 136 3,089 129159Feb-12 986 3,471553,048 180 357,360 2,973 120 112 86 252341,316 447,314 409,1913,058 112 3,269 137 3,113 131160Jan-12 955 3,529565,859 130 393,509 3,106 127 97 91 239428,281 517,030 433,8273,188 134 3,607 143 3,248 134162Dec-11 954 3,521570,387 124 427,810 3,136 136 157 114 159368,367 477,110 473,8723,029 122 3,304 144 3,293 144158Nov-11 1,028 3,460545,659 116 380,007 3,008 126 132 117 177325,380 410,711 470,7072,852 114 3,180 130 3,050 154152Oct-11 1,117 3,413516,915 144 340,094 2,881 118 155 122 212304,773 416,381 431,2322,816 108 3,117 134 3,188 135149Sep-11 1,192 3,374502,789 163 339,424 2,849 119 179 124 268377,317 467,950 399,9732,995 126 3,400 136 3,095 129147Aug-11 1,269 3,312489,322 197 336,942 2,821 119 273 148 265393,468 421,891 373,4913,102 127 3,066 135 3,019 124148Jul-11 1,381 3,305488,506 234 410,917 3,100 133 250 143 320312,129 395,089 390,9002,877 108 3,053 129 3,018 130147Jun-11 1,460 3,305485,380 251 385,502 3,044 127 253 148 360357,961 421,322 411,7293,008 119 3,125 135 3,152 131

© 2013 - 2014 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 07/07/132 of%URNHU0HWULFV�Information not guaranteed. © 2013 - 2014 Terradatum and its suppliers and licensors (http://www.terradatum.com/metrics/licensors).

%+*5(�*DU\�*UHHQH0DUNHW�'\QDPLFV

2 Years (Monthly) 06/01/11 - 06/30/13Average DOM for Under Contract Properties

0RQWKO\��-1.96

107

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Sq Ft:Bathrooms:All All

DOM

Construction Type:

Sublocations:

Period:Property Types:

-46.97 -57.590RQWKO\�&KDQJH

-2.40

Lot Size:All

KEY INFORMATION

Single-Family: (Free Standing, Manufactured, Patio Home, Duplex, Historic) AllHAR AllBedrooms:

7RWDO�&KDQJH

AllMLS: Price:2 Years (Monthly)

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%URNHU0HWULFV� 1 of 2

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07/07/13

Average DOM for Under Contract PropertiesMarket Dynamics BHGRE Gary Greene

2 Years (Monthly) 06/01/11 - 06/30/13

Period Avg DOM Avg CDOMContract# UnderTime

24Jun-13 4429629May-13 3934936Apr-13 6329131Mar-13 5026345Feb-13 6722457Jan-13 8618569Dec-12 10013556Nov-12 8016456Oct-12 8619044Sep-12 7116550Aug-12 6823449Jul-12 7024458Jun-12 9124055May-12 9228954Apr-12 8228068Mar-12 11625763Feb-12 9218082Jan-12 14413065Dec-11 11312490Nov-11 13211669Oct-11 9314475Sep-11 11316374Aug-11 10819773Jul-11 10423477Jun-11 119251

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%URNHU0HWULFV� 2 of

Months Supply of Inventory (UC Calculation)0DUNHW�'\QDPLFV

2 Years (Monthly) 06/01/11 - 06/30/13

%+*5(�*DU\�*UHHQH

Sublocations:

-72.33

Price:HAR Bedrooms:Period:

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2 Years (Monthly)

107

-3.01

Single-Family: (Free Standing, Manufactured, Patio Home, Duplex, Historic)

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Property Types:

KEY INFORMATION

AllAll Lot Size:All

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-0.177RWDO�&KDQJH

Sq Ft:AllAll Bathrooms:MLS: AllConstruction Type:

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%URNHU0HWULFV� 1 of 2

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07/07/13

BHGRE Gary GreeneMarket DynamicsMonths Supply of Inventory (UC Calculation)

2 Years (Monthly) 06/01/11 - 06/30/13

Period NAR MSI # SoldMSI# For Sale Last

Day of Month# UnderContract

Time

1.4Jun-13 296 3144421.5

1.5May-13 349 3064711.3

2.2Apr-13 291 2345051.7

2.2Mar-13 263 2144681.8

2.6Feb-13 224 1724442.0

3.5Jan-13 185 1314582.5

2.6Dec-12 135 1814653.4

2.9Nov-12 164 1845393.3

3.1Oct-12 190 1865783.0

2.8Sep-12 165 2206213.8

2.6Aug-12 234 2596772.9

3.0Jul-12 244 2397092.9

2.4Jun-12 240 3057213.0

2.6May-12 289 2767292.5

3.6Apr-12 280 2127562.7

3.9Mar-12 257 1907482.9

6.4Feb-12 180 1127204.0

7.6Jan-12 130 977345.6

4.6Dec-11 124 1577165.8

6.0Nov-11 116 1327956.9

5.5Oct-11 144 1558515.9

5.1Sep-11 163 1799055.6

3.4Aug-11 197 2739244.7

4.0Jul-11 234 2501,0044.3

4.2Jun-11 251 2531,0614.2

2

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! 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 – July 7th, 2013

Q. Is it a Seller’s Market? A. Yes. 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 we are locked into a Hercules strong seller’s market Here’s a break down by price.

PRICE RANGE. . . . . . . . . . . . . . . MONTHS SUPPLY OF LISTING INVENTORY

$000,000 – $200,000 . . . . . . . . . . . . . . . . . . . . .05 $200,001 – $300,000 . . . . . . . . . . . . . . . . . . . . 1.1 $300,001 – $400,000 . . . . . . . . . . . . . . . . . . . . 2.3 $400,001 – $500,000 . . . . . . . . . . . . . . . . . . . . 2.7 $500,001 – $600,000 . . . . . . . . . . . . . . . . . . . . 2.8 $600,001 – $700,000 . . . . . . . . . . . . . . . . . . . . 2.6 $700,001 – $800,000 . . . . . . . . . . . . . . . . . . . . 2.8 $800,001 – $900,000 . . . . . . . . . . . . . . . . . . . . 3.6 $900,001 – $1,000,000 . . . . . . . . . . . . . . . . . . . 6.5 $1,000,001+ . . . . . . . . . . . . . . . . . . . . . . . . . . . 9.8

What does this mean? For buyers: When you find something you love, don’t hesitate to submit an offer. If you snooze you lose out. For sellers: If you were thinking of selling, due to lack of inventory and an abundance of qualified buyers, now is a safe and opportune time to sell. Three key factors that impact salability are merchandising (staging), massive broadcast marketing and savvy pricing. Choose the best broker to help you position your property aggressively in today’s market and you’ll sell your property for HIGHEST possible price and the BEST possible terms. Ignore these salability factors even in a strong seller’s market the property will languish unsold. 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.