October 2017 Real Estate Update, The Woodlands, TX

10
REAL ESTATE UPDATE The Woodlands OCTOBER 2017 brought to you by: www.ReferredRealtyTX.com

Transcript of October 2017 Real Estate Update, The Woodlands, TX

Page 1: October 2017 Real Estate Update, The Woodlands, TX

REAL ESTATEUPDATE

The Woodlands

OCTOBER 2017

brought to you by:

www.ReferredRealtyTX.com

Page 2: October 2017 Real Estate Update, The Woodlands, TX

Market DynamicsAverage $/SQFT (FS, Sold)

2 Years (Monthly) 10/01/15 - 10/31/17

Referred Realty Group

Price:

-0.32

AllAll All

-0.17-15.38

Property Types:HAR

Sold $/SQFTFor Sale $/SQFT

MLS: All

-0.25

Bathrooms:

-0.64

All

-3.98-6.00

Construction Type:

Total Change

Sq Ft:

Monthly Change

2 Years (Monthly)

Sublocations:

All

-7.79

Lot Size:Period:

Monthly %

Bedrooms:

KEY INFORMATION

Total % Change

Single-Family: (Residential, Duplex)THEWOO

11/05/17BrokerMetrics®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

Page 3: October 2017 Real Estate Update, The Woodlands, TX

Average $/SQFT (FS, Sold)2 Years (Monthly) 10/01/15 - 10/31/17

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

186Oct-17 1,159 3,541656,640 168 438,692 2,846 154 178 182 305443,203 576,288 511,5813,029 146 3,461 167 3,166 162186Sep-17 1,193 3,554660,170 169 462,011 2,995 154 209 170 246432,382 614,645 513,9452,963 146 3,499 176 3,112 165184Aug-17 1,322 3,551653,811 171 491,298 3,029 162 193 204 250445,530 584,185 510,6572,983 149 3,441 170 3,184 161181Jul-17 1,519 3,521638,499 242 450,391 2,995 150 246 205 403456,350 605,911 533,6423,068 149 3,538 171 3,251 164181Jun-17 1,569 3,538641,300 238 488,631 3,109 157 280 215 445449,436 628,290 540,8143,022 149 3,598 175 3,278 165183May-17 1,573 3,544649,847 251 464,935 3,023 154 268 198 479422,358 706,933 574,9082,918 145 3,656 193 3,342 172182Apr-17 1,493 3,483634,053 248 439,580 2,875 153 157 151 455387,536 601,306 503,1542,801 139 3,393 177 3,133 161186Mar-17 1,395 3,550660,702 206 461,177 3,022 153 175 151 538486,553 721,661 566,0623,160 154 3,679 196 3,347 169189Feb-17 1,122 3,573674,573 163 499,927 3,116 160 138 102 328424,157 571,028 513,4272,921 145 3,418 167 3,188 161191Jan-17 1,069 3,573681,819 148 448,420 2,955 152 93 127 262455,154 582,932 592,8683,061 149 3,304 176 3,273 181191Dec-16 1,058 3,594684,460 118 451,886 2,958 153 153 133 174410,923 731,602 591,7222,951 139 3,692 198 3,395 174187Nov-16 1,142 3,541661,395 118 405,203 2,882 141 151 140 234431,506 616,430 459,0232,987 144 3,515 175 2,992 153193Oct-16 1,198 3,616695,696 143 443,384 2,958 150 133 147 255416,815 830,870 554,0392,906 143 3,844 217 3,225 172190Sep-16 1,252 3,595682,419 149 444,300 2,925 152 160 160 280411,262 600,149 506,6232,917 141 3,481 173 3,157 160192Aug-16 1,312 3,592688,909 164 483,146 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 3,140 160

© 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 11/05/172 ofBrokerMetrics®Information not guaranteed. © 2006 - 2017 Terradatum and its suppliers and licensors (http://www.terradatum.com/metrics/licensors).

Page 4: October 2017 Real Estate Update, The Woodlands, TX

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

2 Years (Monthly) 10/01/15 - 10/31/17

Referred Realty Group

Price:

0.65

AllAll All

1.42184.24

Property Types:HAR

Under Contract2.84

For Sale

MLS: All

2.15

Bathrooms:

1.99

7.68

Sold

All

34.1551.68

Construction Type:

Total Change

Sq Ft:

Monthly Change

2 Years (Monthly)

Sublocations:

All

15.67

Lot Size:Period:

47.87

Monthly %

Bedrooms:

KEY INFORMATION

Total % Change

68.17

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 11/05/17

Page 5: October 2017 Real Estate Update, The Woodlands, TX

Supply & Demand - # Units (FS, UC, Sold)2 Years (Monthly) 10/01/15 - 10/31/17

Market Dynamics Referred Realty Group

# Properties # PropertiesAverage DOM# PropertiesSOLD

# PropertiesFOR SALE

Average DOM Average DOMUNDER CONTRACT

Average DOMNEW LISTINGS

# PropertiesEXPIRED

Time Period

93 305Oct-17 12065 18264 1781681,15995 246Sep-17 11660 17067 2091691,19389 250Aug-17 9459 20459 1931711,32279 403Jul-17 9753 20554 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

94 326Oct-15 12062 17861 1631571,281

11/05/17 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

Page 6: October 2017 Real Estate Update, The Woodlands, TX

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

Oct-16 through Oct-17

Referred Realty Group

Price:

1,159.0

AllAll All

168.0-39.0

Property Types:HAR

Under Contract133.0

For Sale

MLS: All

143.0

Bathrooms:

178.0

1,198.0

Sold

All

17.525.0

Construction Type:

# Units Change

Sq Ft:

Oct-16

2 Years (Monthly)

Sublocations:

All

-3.3

Lot Size:Period:

33.8

Oct-17

Bedrooms:

KEY INFORMATION

Percent Change

45.0

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 11/05/17

Page 7: October 2017 Real Estate Update, The Woodlands, TX

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

Market Dynamics Referred Realty Group

# Properties # PropertiesAverage DOM# PropertiesSOLD

# PropertiesFOR SALE

Average DOM Average DOMUNDER CONTRACT

Average DOMNEW LISTINGS

# PropertiesEXPIRED

Time Period

93 305Oct-17 12065 18264 1781681,15995 246Sep-17 11660 17067 2091691,19389 250Aug-17 9459 20459 1931711,32279 403Jul-17 9753 20554 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 1331431,198

11/05/17 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

Page 8: October 2017 Real Estate Update, The Woodlands, TX

Months Supply of Inventory (UC Calculation)Market Dynamics

Oct-15 through Oct-17

Referred Realty Group

Sublocations:

-20.80

Price:HAR Bedrooms:Period:

Monthly %MSI-UC

2 Years (Monthly)

THEWOO

-0.87

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

11/05/17

Page 9: October 2017 Real Estate Update, The Woodlands, TX

Referred Realty GroupMarket DynamicsMonths Supply of Inventory (UC Calculation)

Oct-15 through Oct-17

Period NAR MSI # SoldMSI# For Sale Last

Day of Month# UnderContract

Time

4.5Oct-17 168 1788094.8

4.1Sep-17 169 2098545.1

4.9Aug-17 171 1939475.5

4.4Jul-17 242 2461,0724.4

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

5.8Oct-15 157 1639466.0

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

11/05/17Information not guaranteed. © 2006 - 2017 Terradatum and its suppliers and licensors (http://www.terradatum.com/metrics/licensors).

BrokerMetrics® 2 of

Page 10: October 2017 Real Estate Update, The Woodlands, TX

October 2017 Snapshot by Price Range

Price RangeDays on

Market

Months

Supply of

Inventory*

Under

ContractSOLD

Number Active

End of Current

Month

100-199k 33 2.3 9 16 21

200-299k 55 2.3 54 53 125

300-399k 61 3.2 45 34 143

400-499k 74 10.4 13 23 135

500-599k 60 8.2 9 16 74

600-699k 118 7.2 8 10 58

700-799k 66 4.1 12 5 49

800-899k 100 17.0 2 7 34

900-999k 0 0.0 0 2 20

1M-1.499M 225 15.3 3 7 46

1.5M-1.999M 80 6.2 4 1 25

2M-17M 55 42.0 1 2 42

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

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