November 2017 Real Estate Update from Referred Realty Group, The Woodlands, TX

REAL ESTATEUPDATE

The Woodlands

NOVEMBER 2017

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www.ReferredRealtyTX.com

Market DynamicsAverage $/SQFT (FS, Sold)

2 Years (Monthly) 11/01/15 - 11/30/17

Referred Realty Group

Price:

-0.30

AllAll All

-0.18-14.03

Property Types:HAR

Sold $/SQFTFor Sale $/SQFT

MLS: All

-0.26

Bathrooms:

-0.58

All

-4.21-6.34

Construction Type:

Total Change

Sq Ft:

Monthly Change

2 Years (Monthly)

Sublocations:

All

-7.13

Lot Size:Period:

Monthly %

Bedrooms:

KEY INFORMATION

Total % Change

Single-Family: (Residential, Duplex)THEWOO

12/04/17BrokerMetrics®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) 11/01/15 - 11/30/17

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

192Nov-17 936 3,650701,952 140 483,533 3,046 159 120 118 118363,588 614,775 602,9202,714 134 3,509 176 3,313 182185Oct-17 1,164 3,540654,561 162 432,642 2,819 153 185 184 305472,840 575,752 510,6653,092 153 3,466 167 3,164 162185Sep-17 1,196 3,553658,473 169 464,183 3,003 155 209 168 246432,382 612,682 513,2762,963 146 3,492 175 3,113 165184Aug-17 1,324 3,550652,657 171 491,298 3,029 162 193 203 250445,530 585,412 509,8162,983 149 3,445 170 3,185 160181Jul-17 1,519 3,521637,618 242 450,391 2,995 150 246 203 403456,350 605,330 533,0983,068 149 3,542 171 3,251 164181Jun-17 1,569 3,538640,586 238 488,631 3,109 157 280 215 445449,436 628,290 539,7023,022 149 3,598 175 3,278 165183May-17 1,573 3,544649,449 251 464,935 3,023 154 268 198 479422,358 706,933 574,2512,918 145 3,656 193 3,342 172182Apr-17 1,493 3,483633,845 248 439,580 2,875 153 157 151 455387,536 601,306 502,9112,801 139 3,393 177 3,133 161186Mar-17 1,395 3,550660,558 206 461,177 3,022 153 175 151 538486,553 721,661 565,9503,160 154 3,679 196 3,347 169189Feb-17 1,122 3,573674,448 163 499,927 3,116 160 138 102 328424,157 571,028 513,4272,921 145 3,418 167 3,188 161191Jan-17 1,069 3,573681,688 148 448,420 2,955 152 93 127 262455,154 582,932 592,7543,061 149 3,304 176 3,273 181191Dec-16 1,058 3,594684,356 118 451,886 2,958 153 153 133 174410,923 731,602 591,7222,951 139 3,692 198 3,395 174187Nov-16 1,142 3,541661,299 118 405,203 2,882 141 151 140 234431,506 616,430 459,0022,987 144 3,515 175 2,992 153193Oct-16 1,198 3,616695,608 143 443,384 2,958 150 133 147 255416,815 830,870 554,0392,906 143 3,844 217 3,225 172190Sep-16 1,252 3,595682,335 149 444,300 2,925 152 160 160 280411,262 600,149 506,6232,917 141 3,481 173 3,157 160192Aug-16 1,312 3,592688,829 164 483,146 3,026 160 232 176 345454,232 636,812 544,7743,027 150 3,404 187 3,161 173189Jul-16 1,348 3,602682,180 204 453,576 3,040 149 209 177 368435,491 628,540 535,4662,966 147 3,469 181 3,208 167190Jun-16 1,349 3,623687,114 200 437,526 2,911 150 234 169 394443,436 691,627 598,5113,036 146 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 3,127 160


2 12/04/172 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) 11/01/15 - 11/30/17


Price:

0.40

AllAll All

0.99115.71

Property Types:HAR

Under Contract2.24

For Sale

MLS: All

1.56

Bathrooms:

1.51

4.82

Sold

All

23.6937.34

Construction Type:

Total Change

Sq Ft:

Monthly Change

2 Years (Monthly)

Sublocations:

All

9.67

Lot Size:Period:

36.30

Monthly %

Bedrooms:

KEY INFORMATION

Total % Change

53.80


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 12/04/17

Supply & Demand - # Units (FS, UC, Sold)2 Years (Monthly) 11/01/15 - 11/30/17


# Properties # PropertiesAverage DOM# PropertiesSOLD

# PropertiesFOR SALE

Average DOM Average DOMUNDER CONTRACT

Average DOMNEW LISTINGS

# PropertiesEXPIRED

Time Period

104 118Nov-17 11762 11867 12014093693 305Oct-17 11965 18464 1851621,16495 246Sep-17 11660 16868 2091691,19689 250Aug-17 9459 20359 1931711,32479 403Jul-17 9853 20354 2462421,51977 445Jun-17 9947 21555 2802381,56976 479May-17 9845 19849 2682511,57375 455Apr-17 9657 15145 1572481,49380 538Mar-17 13369 15147 1752061,39594 328Feb-17 12080 10268 1381631,122

108 262Jan-17 14672 12790 931481,069109 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

12/04/17 2Information not guaranteed. © 2006 - 2017 Terradatum and its suppliers and licensors (http://www.terradatum.com/metrics/licensors).

2 ofBrokerMetrics®


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

Nov-16 through Nov-17


Price:

936.0

AllAll All

140.0-206.0

Property Types:HAR

Under Contract151.0

For Sale

MLS: All

118.0

Bathrooms:

120.0

1,142.0

Sold

All

18.622.0

Construction Type:

# Units Change

Sq Ft:

Nov-16

2 Years (Monthly)

Sublocations:

All

-18.0

Lot Size:Period:

-20.5

Nov-17

Bedrooms:

KEY INFORMATION

Percent Change

-31.0


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 12/04/17

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


# Properties # PropertiesAverage DOM# PropertiesSOLD

# PropertiesFOR SALE

Average DOM Average DOMUNDER CONTRACT

Average DOMNEW LISTINGS

# PropertiesEXPIRED

Time Period

104 118Nov-17 11762 11867 12014093693 305Oct-17 11965 18464 1851621,16495 246Sep-17 11660 16868 2091691,19689 250Aug-17 9459 20359 1931711,32479 403Jul-17 9853 20354 2462421,51977 445Jun-17 9947 21555 2802381,56976 479May-17 9845 19849 2682511,57375 455Apr-17 9657 15145 1572481,49380 538Mar-17 13369 15147 1752061,39594 328Feb-17 12080 10268 1381631,122

108 262Jan-17 14672 12790 931481,069109 174Dec-16 12278 13369 1531181,058101 234Nov-16 12358 14070 1511181,142

12/04/17 2Information not guaranteed. © 2006 - 2017 Terradatum and its suppliers and licensors (http://www.terradatum.com/metrics/licensors).

2 ofBrokerMetrics®


Months Supply of Inventory (UC Calculation)Market Dynamics



Sublocations:

-20.27

Price:HAR Bedrooms:Period:

Monthly %MSI-UC

2 Years (Monthly)

THEWOO

-0.84

Single-Family: (Residential, Duplex)

Total % Change

Property Types:

KEY INFORMATION

AllAll Lot Size:All

-1.23Monthly 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


12/04/17

Referred Realty GroupMarket DynamicsMonths Supply of Inventory (UC Calculation)


Period NAR MSI # SoldMSI# For Sale Last

Day of Month# UnderContract

Time

5.7Nov-17 140 1206784.8

4.4Oct-17 162 1858185.0

4.1Sep-17 169 2098595.1

4.9Aug-17 171 1939505.6

4.4Jul-17 242 2461,0744.4

4.0Jun-17 238 2801,1164.7

4.2May-17 251 2681,1244.5

7.0Apr-17 248 1571,0944.4

5.9Mar-17 206 1751,0385.0

6.2Feb-17 163 1388575.3

8.5Jan-17 148 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

2


12/04/17Information not guaranteed. © 2006 - 2017 Terradatum and its suppliers and licensors (http://www.terradatum.com/metrics/licensors).

BrokerMetrics® 2 of

November 2017 Snapshot by Price Range

Price RangeDays on

Market

Months

Supply of

Inventory*

Under

ContractSOLD

Number Active

End of Current

Month

100-199k 35 1.8 12 12 21

200-299k 54 2.7 35 49 96

300-399k 73 3.1 33 26 103

400-499k 48 6.3 18 8 114

500-599k 85 5.9 11 12 65

600-699k 75 7.3 7 4 51

700-799k 70 10.0 5 2 50

800-899k 68 7.0 4 2 28

900-999k 40 18.0 1 1 18

1M-1.499M 118 6.5 6 1 39

1.5M-1.999M 150 8.0 3 1 24

2M-17M 130 43.0 1 0 43

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

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November 2017 Real Estate Update from Referred Realty Group, The Woodlands, TX

Real Estate

Transcript of November 2017 Real Estate Update from Referred Realty Group, The Woodlands, TX