Spring 77386 Home Sales Report June 2016

TheHomeSalesRealEstateReportSpringTX|77386|June,2016AverageSoldPrice/MedianSoldPrice–MonthByMonthAveragePricePerSquareFoot–MonthByMonthAverageDaysOnMarket–MonthByMonthMonthsSupplyofForSaleInventory–MonthByMonth

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

281-367-3531

KEY INFORMATION

2 Years (Monthly) 05/01/14 - 05/31/16

Market Dynamics BHGRE Gary GreeneSold Average vs. Median Price

Monthly % Total % Change

5.540.11

Monthly Change

494.40Median

Total ChangeAverage 293.43 7,042.22 2.64

11,865.540.23

ZIP Codes:All

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

HAR AllAll AllAllAll Lot Size:Bedrooms:Property Types:

77386

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

06/06/16BrokerMetrics®Information not guaranteed. © 2006 - 2016 Terradatum and its suppliers and licensors (http://www.terradatum.com/metrics/licensors).

© 2016 - 2017 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

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BHGRE Gary Greene

2 Years (Monthly) 05/01/14 - 05/31/16

Market DynamicsSold Average vs. Median Price

Time Period # Properties Sold Sold Average $ Sold Median $ Sold Avg DOMAverage $ - Median $ Median $ as % of Average $119May-16 264,342 86.2228,000 36,342 54124Apr-16 281,770 87.0245,000 36,770 62109Mar-16 275,141 81.4224,000 51,141 4989Feb-16 248,573 79.7198,000 50,573 5572Jan-16 269,004 76.5205,750 63,254 68

121Dec-15 281,984 93.3263,190 18,794 5281Nov-15 246,735 79.8197,000 49,735 5899Oct-15 257,684 79.5205,000 52,684 56

107Sep-15 273,669 85.9235,000 38,669 54133Aug-15 282,538 81.4229,900 52,638 43137Jul-15 304,688 78.0237,500 67,188 44130Jun-15 284,805 84.2239,750 45,055 55110May-15 312,791 74.6233,275 79,516 50105Apr-15 279,577 77.4216,500 63,077 5298Mar-15 270,553 79.3214,500 56,053 5085Feb-15 262,715 83.0218,000 44,715 5846Jan-15 249,092 78.5195,500 53,592 4699Dec-14 247,055 85.0209,990 37,065 5290Nov-14 248,031 77.8193,000 55,031 48

117Oct-14 262,930 74.6196,244 66,686 39118Sep-14 272,149 79.6216,700 55,449 41145Aug-14 290,104 86.2250,000 40,104 37154Jul-14 254,742 79.9203,500 51,242 37136Jun-14 289,175 81.3235,000 54,175 36117May-14 243,314 88.4215,000 28,314 38


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Market DynamicsAverage $/SQFT (FS, Sold)

2 Years (Monthly) 05/01/14 - 05/31/16

BHGRE Gary Greene

Price:

0.12

AllAll All

0.153.49

Property Types:HAR

Sold $/SQFTFor Sale $/SQFT

MLS: All

0.15

Bathrooms:

0.15

All

3.563.61

Construction Type:

Total Change

Sq Ft:

Monthly Change

2 Years (Monthly)

ZIP Codes:

All

2.96

Lot Size:Period:

Monthly %

Bedrooms:

KEY INFORMATION

Total % Change

Single-Family: (Free Standing, Patio Home)77386

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Average $/SQFT (FS, Sold)2 Years (Monthly) 05/01/14 - 05/31/16

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

121May-16 640 3,074372,938 163 293,887 2,615 112 119 55 202264,342 378,311 334,5222,559 103 3,123 121 2,860 117120Apr-16 611 3,058365,898 124 271,738 2,597 105 124 49 214281,770 382,885 332,2202,681 105 3,198 120 2,817 118118Mar-16 580 3,075364,687 132 280,605 2,608 108 109 51 193275,141 431,568 314,8832,611 105 3,424 125 2,789 113119Feb-16 561 3,064366,477 120 284,246 2,548 112 89 54 158248,573 384,036 316,5452,382 104 3,109 124 2,826 112120Jan-16 538 3,040364,111 88 271,102 2,502 108 72 47 140269,004 350,108 302,0572,612 103 3,046 115 2,720 111122Dec-15 548 3,089377,007 83 280,311 2,635 106 121 67 98281,984 443,734 309,0832,718 104 3,272 136 2,725 113122Nov-15 597 3,091377,007 89 290,393 2,702 107 81 58 121246,735 395,143 344,3152,436 101 3,089 128 2,958 116120Oct-15 621 3,018363,034 100 254,131 2,423 105 99 45 142257,684 369,336 329,2012,557 101 3,209 115 2,856 115120Sep-15 652 3,042364,342 105 286,899 2,720 105 107 68 168273,669 422,484 317,6182,664 103 3,368 125 2,804 113120Aug-15 645 3,029363,628 109 259,292 2,451 106 133 52 177282,538 424,730 307,9302,604 108 3,348 127 2,751 112120Jul-15 622 3,054367,863 120 306,963 2,739 112 137 34 216304,688 351,146 299,6512,824 108 3,063 115 2,677 111120Jun-15 583 3,121375,700 129 303,244 2,728 111 130 48 190284,805 329,762 332,8032,657 107 3,061 108 2,833 117120May-15 563 3,171382,084 123 296,176 2,697 110 110 47 186312,791 486,871 333,2242,883 108 3,661 133 2,914 114120Apr-15 538 3,175382,458 118 298,770 2,712 110 105 43 196279,577 404,043 306,2822,590 108 3,374 120 2,814 109124Mar-15 497 3,180392,921 127 298,951 2,645 113 98 28 176270,553 413,710 353,6442,641 102 3,130 132 2,962 119122Feb-15 426 3,183386,868 83 275,772 2,676 103 85 22 119262,715 403,474 341,2142,582 102 3,397 119 2,981 114121Jan-15 416 3,095373,072 87 252,521 2,462 103 46 22 146249,092 410,333 306,1152,463 101 3,286 125 2,767 111121Dec-14 383 3,136380,088 71 272,011 2,605 104 99 42 89247,055 375,135 288,7082,494 99 3,156 119 2,695 107120Nov-14 402 3,097370,778 79 262,085 2,537 103 90 29 92248,031 292,042 294,6962,434 102 2,868 102 2,702 109118Oct-14 452 3,052360,495 103 250,694 2,466 102 117 39 118262,930 389,271 294,5342,539 104 3,290 118 2,692 110118Sep-14 482 3,027357,511 111 271,883 2,497 109 118 37 140272,149 377,096 294,4942,651 103 3,262 116 2,658 111118Aug-14 499 3,035356,810 122 279,333 2,643 106 145 35 160290,104 367,955 304,2342,817 103 2,995 123 2,748 111117Jul-14 511 3,055355,995 134 291,568 2,742 106 154 38 178254,742 354,550 294,6632,567 99 3,140 113 2,736 108113Jun-14 505 3,112350,598 148 279,879 2,674 105 136 24 203289,175 256,923 292,5102,701 107 4,202 61 2,937 100116May-14 451 3,073355,834 129 274,560 2,674 103 117 20 178243,314 369,531 317,8942,580 94 3,296 112 2,821 113


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BHGRE Gary GreeneMarket Dynamics

2 Years (Monthly) 05/01/14 - 05/31/16Average DOM for Under Contract Properties

Monthly %0.91

77386

Total % Change

Sq Ft:Bathrooms:All All

DOM

Construction Type:

ZIP Codes:

Period:Property Types:

21.86 55.54Monthly Change

2.31

Lot Size:All

KEY INFORMATION

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

Total Change

AllMLS: Price:2 Years (Monthly)

Information not guaranteed. © 2006 - 2016 Terradatum and its suppliers and licensors (http://www.terradatum.com/metrics/licensors).

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06/06/16

Average DOM for Under Contract PropertiesMarket Dynamics BHGRE Gary Greene

2 Years (Monthly) 05/01/14 - 05/31/16

Period Avg DOM Avg CDOMContract# UnderTime

61May-16 8516361Apr-16 7412456Mar-16 7813251Feb-16 6812058Jan-16 918862Dec-15 868362Nov-15 808950Oct-15 6610058Sep-15 10310553Aug-15 7210943Jul-15 6612049Jun-15 7012953May-15 6712348Apr-15 6111847Mar-15 5412746Feb-15 658359Jan-15 758757Dec-14 847148Nov-14 617950Oct-14 5610339Sep-14 4211137Aug-14 4712238Jul-14 4213434Jun-14 4214837May-14 50129

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l Page 1 9000 Forest Crossing, The Woodlands, Texas 77381 Office: 281.367.3531 or 800.932.7253

Spring | 77386 | Homes Sales Real Estate Report

Months Supply Of “For Sale” Listing Inventory – June, 2016 Q. Is it a Seller’s Market or a Buyer’s Market? A. 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. Here’s a break down by price. Months Supply June 6th May Listing Price Range Of Listing Inventory Active Listings Under Contract $000,000 – $200,000 1.2 Months 53 59 $200,001 – $300,000 4.0 Months 113 51 $300,001 – $400,000 6.8 Months 110 25 $400,001 – $500,000 6.4 Months 46 10 $500,001 – $600,000 6.5 Months 26 7 $600,001 – $700,000 5.8 Months 15 8 $700,001 – $800,000 8.2 Months 15 2 $800,001 – $900,000 25.5 Months 17 1 $900,001 – $1,000,000 12.0 Months 7 0 $1,000,001+ 60.0 Months 10 0 All Price Ranges 3.9 Months 430 163 What does this mean? For Buyers: When shopping seller’s market price ranges, when you find something you love, don’t hesitate to submit an offer. When shopping buyer’s market price ranges the services of a knowledgeable negotiator will help you secure the very best price and terms. What ever your price range, for the best possible price and terms call today. For Sellers: In a buyer’s market you’ll need maximum exposure, fierce marketing and a skilled negotiator to help you win. To sell your property for HIGHEST possible price and the BEST possible terms call us today. Closing Thoughts:

While mulling over these inventory numbers, keep in mind these figures represent big averages across the 77386 zip code. 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.

Months Supply of Inventory (UC Calculation)Market Dynamics

2 Years (Monthly) 05/01/14 - 05/31/16

BHGRE Gary Greene

ZIP Codes:

46.76

Price:HAR Bedrooms:Period:

Monthly %MSI-UC

2 Years (Monthly)

77386

1.95

Single-Family: (Free Standing, Patio Home)

Total % Change

Property Types:

KEY INFORMATION

AllAll Lot Size:All

1.33Monthly Change

0.06Total Change

Sq Ft:AllAll Bathrooms:MLS: AllConstruction Type:

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06/06/16

BHGRE Gary GreeneMarket DynamicsMonths Supply of Inventory (UC Calculation)

2 Years (Monthly) 05/01/14 - 05/31/16

Period NAR MSI # SoldMSI# For Sale Last

Day of Month# UnderContract

Time

3.5May-16 163 1194222.6

3.5Apr-16 124 1244383.5

3.6Mar-16 132 1093973.0

4.3Feb-16 120 893873.2

5.6Jan-16 88 724034.6

3.3Dec-15 83 1213984.8

5.6Nov-15 89 814505.1

4.8Oct-15 100 994764.8

4.5Sep-15 105 1074794.6

3.6Aug-15 109 1334844.4

3.4Jul-15 120 1374683.9

3.1Jun-15 129 1304063.1

3.6May-15 123 1103933.2

3.6Apr-15 118 1053773.2

3.5Mar-15 127 983422.7

3.8Feb-15 83 853213.9

6.7Jan-15 87 463073.5

2.7Dec-14 71 992703.8

3.3Nov-14 79 902943.7

2.6Oct-14 103 1173103.0

2.8Sep-14 111 1183343.0

2.4Aug-14 122 1453422.8

2.2Jul-14 134 1543392.5

2.4Jun-14 148 1363332.2

2.6May-14 129 1173022.3

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Spring 77386 Home Sales Report June 2016

Real Estate

Transcript of Spring 77386 Home Sales Report June 2016