Spring | 77386 | Home Sales Report | May 2017
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The Home Sales Real Estate Report Spring TX | 77386 | May, 2017 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 | 281-367-3531 281-367-3531
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Transcript of Spring | 77386 | Home Sales Report | May 2017
TheHomeSalesRealEstateReportSpringTX|77386|May,2017AverageSoldPrice/MedianSoldPrice– MonthByMonthAveragePricePerSquareFoot– MonthByMonthAverageDaysOnMarket– MonthByMonthMonthsSupplyofForSaleInventory– MonthByMonth
9000 Forest Crossing Drive | The Woodlands TX | 281-367-3531
281-367-3531
KEY INFORMATION
2 Years (Monthly) 04/01/15 - 04/30/17
Market Dynamics BHGRE Gary GreeneSold Average vs. Median Price
Monthly % Total % Change
7.620.29
Monthly Change
543.41Median
Total ChangeAverage 602.32 14,455.71 6.95
13,041.880.32
ZIP Codes:All
Bathrooms:Single-Family: (Residential) Sq Ft:
HAR AllAll AllAllAll Lot Size:Bedrooms:Property Types:
77396
2 Years (Monthly) Construction Type:Price:Period:MLS:
05/07/17BrokerMetrics®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
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BHGRE Gary Greene
2 Years (Monthly) 04/01/15 - 04/30/17
Market DynamicsSold Average vs. Median Price
Time Period # Properties Sold Sold Average $ Sold Median $ Sold Avg DOMAverage $ - Median $ Median $ as % of Average $58Apr-17 224,188 85.2191,000 33,188 4747Mar-17 239,489 80.4192,500 46,989 5740Feb-17 230,584 80.9186,500 44,084 4931Jan-17 221,194 90.4199,999 21,195 4149Dec-16 209,866 88.2185,000 24,866 4853Nov-16 211,066 82.2173,500 37,566 4562Oct-16 232,263 77.0178,866 53,397 5061Sep-16 218,113 75.2164,000 54,113 3758Aug-16 215,870 83.6180,500 35,370 3967Jul-16 243,581 82.1200,000 43,581 2754Jun-16 199,042 87.9175,000 24,042 3256May-16 209,201 82.7173,000 36,201 3455Apr-16 193,232 83.3161,000 32,232 3847Mar-16 211,677 78.0165,000 46,677 4844Feb-16 227,091 76.8174,450 52,641 4629Jan-16 193,975 82.0159,000 34,975 3864Dec-15 197,929 88.9175,936 21,992 4528Nov-15 185,812 80.6149,700 36,112 4158Oct-15 193,412 80.4155,500 37,912 2556Sep-15 213,006 73.9157,500 55,506 4162Aug-15 233,851 87.8205,200 28,651 3163Jul-15 218,696 91.9201,000 17,696 4460Jun-15 229,153 84.0192,392 36,761 5563May-15 216,293 80.2173,400 42,893 3259Apr-15 212,318 80.0169,760 42,558 32
© 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 05/07/172 ofBrokerMetrics®Information not guaranteed. © 2006 - 2017 Terradatum and its suppliers and licensors (http://www.terradatum.com/metrics/licensors).
Market DynamicsAverage $/SQFT (FS, Sold)
2 Years (Monthly) 04/01/15 - 04/30/17
BHGRE Gary Greene
Price:
0.04
AllAll All
0.171.03
Property Types:HAR
Sold $/SQFTFor Sale $/SQFT
MLS: All
0.15
Bathrooms:
0.04
All
4.123.56
Construction Type:
Total Change
Sq Ft:
Monthly Change
2 Years (Monthly)
ZIP Codes:
All
1.07
Lot Size:Period:
Monthly %
Bedrooms:
KEY INFORMATION
Total % Change
Single-Family: (Residential)77396
05/07/17BrokerMetrics®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
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Average $/SQFT (FS, Sold)2 Years (Monthly) 04/01/15 - 04/30/17
Market Dynamics BHGRE Gary Greene
#
FOR SALE
SQFTPeriod$/Avg
SQFTTime
Avg $
UNDER CONTRACT
# Avg $Avg
SQFT$/
SQFT
SOLD EXPIRED NEW LISTINGS
# # #Avg $ Avg $ Avg $Avg
SQFT$/
SQFTAvg
SQFT$/
SQFTAvg
SQFT$/
SQFT
100Apr-17 268 2,992298,724 74 247,791 2,628 94 58 17 97224,188 341,527 278,8612,565 87 3,451 101 2,764 10198Mar-17 271 3,023295,856 71 257,798 2,693 96 47 29 113239,489 305,689 282,1092,682 90 3,238 94 2,908 9797Feb-17 221 3,007291,329 42 252,606 2,656 95 40 21 64230,584 260,737 261,4742,546 91 2,978 88 2,696 9797Jan-17 224 3,024292,430 47 233,339 2,560 91 31 20 62221,194 344,399 279,5132,507 88 3,267 105 2,888 9796Dec-16 218 2,970285,624 37 231,929 2,515 92 49 19 53209,866 290,012 240,5912,314 91 2,957 98 2,561 9497Nov-16 232 2,964288,480 43 218,605 2,386 92 53 24 72211,066 333,862 277,1602,235 94 3,077 108 2,853 9797Oct-16 233 2,933286,136 52 269,913 2,571 105 62 21 61232,263 269,632 237,0672,619 89 3,228 82 2,517 9497Sep-16 258 2,937284,416 61 210,455 2,370 89 61 25 71218,113 333,321 251,0122,336 93 3,330 100 2,648 9595Aug-16 269 2,868272,652 60 195,553 2,197 89 58 22 73215,870 275,127 242,4052,499 86 3,184 86 2,637 9296Jul-16 280 2,954283,730 44 247,484 2,695 92 67 40 86243,581 322,678 244,6902,637 92 3,255 100 2,662 9296Jun-16 303 2,906279,687 81 235,862 2,535 93 54 28 137199,042 258,546 246,2772,297 87 2,759 94 2,602 9596May-16 241 2,994286,128 53 215,291 2,427 89 56 22 92209,201 297,333 255,6352,321 90 3,121 96 2,753 9396Apr-16 221 2,908280,482 53 206,165 2,247 92 55 19 91193,232 295,855 280,6192,244 86 2,927 101 2,750 10294Mar-16 199 2,840268,435 56 207,216 2,298 90 47 13 77211,677 412,636 253,2412,498 86 3,419 121 2,748 9293Feb-16 183 2,786259,662 51 206,402 2,400 87 44 10 66227,091 307,265 242,3582,625 87 3,356 92 2,758 8993Jan-16 177 2,745256,416 44 230,533 2,626 88 29 16 54193,975 232,474 229,9782,211 88 2,653 90 2,623 8895Dec-15 185 2,766262,605 34 214,440 2,354 91 64 28 40197,929 297,298 212,8932,366 84 3,121 95 2,310 9294Nov-15 206 2,791263,465 43 197,530 2,358 84 28 18 64185,812 317,424 221,1152,247 83 3,003 106 2,431 9194Oct-15 202 2,839266,900 39 182,260 2,192 83 58 21 67193,412 318,255 221,1072,364 82 3,267 97 2,509 8895Sep-15 207 2,828267,246 58 210,133 2,400 88 56 14 69213,006 288,032 213,9062,387 89 2,916 99 2,355 9196Aug-15 227 2,978285,438 60 235,417 2,532 93 62 29 91233,851 348,583 242,8142,492 94 3,503 100 2,759 8897Jul-15 211 2,900282,266 58 211,181 2,401 88 63 17 79218,696 271,262 232,6132,452 89 2,794 95 2,467 9399Jun-15 208 3,019297,898 62 236,187 2,546 93 60 14 81229,153 438,389 279,0872,590 89 3,827 115 2,906 9698May-15 204 2,838277,314 61 213,687 2,335 92 63 16 85216,293 261,280 250,4182,531 85 2,750 95 2,627 9599Apr-15 197 2,852280,901 57 215,955 2,442 89 59 21 78212,318 368,645 249,5502,432 87 3,162 116 2,776 90
© 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 05/07/172 ofBrokerMetrics®Information not guaranteed. © 2006 - 2017 Terradatum and its suppliers and licensors (http://www.terradatum.com/metrics/licensors).
Average DOM (All)Market Dynamics BHGRE Gary Greene
77396Property Types:
Bedrooms: Bathrooms:HAR 2 Years (Monthly) AllConstruction Type: All AllPeriod:
ZIP Codes:Single-Family: (Residential)
MLS: AllPrice:
2 Years (Monthly) 04/01/15 - 04/30/17
KEY INFORMATION
All 0.36 0.95 8.54
Monthly Change Total ChangeMonthly % Change Total % Change
22.82
Lot Size: AllSq Ft: All
05/07/17BrokerMetrics®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
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Market DynamicsAverage DOM (All)
BHGRE Gary Greene
2 Years (Monthly) 04/01/15 - 04/30/17
Time PeriodAll Properties
# Under ContractBank Properties
# Under ContractNon-Bank Properties
# Under ContractAvg DOM Avg DOM Avg DOM
43Apr-17 3 4271607442Mar-17 6 4365407162Feb-17 3 6439424253Jan-17 2 5145984743Dec-16 2 4435343738Nov-16 1 3642944355Oct-16 1 5551395246Sep-16 2 4559736143Aug-16 2 4258916042Jul-16 1 4243404420Jun-16 1 2080478135May-16 1 3452895337Apr-16 3 3550655331Mar-16 2 3054515647Feb-16 2 4549985149Jan-16 0 49444437Dec-15 1 3733333449Nov-15 1 47421304337Oct-15 3 3336873933Sep-15 2 3356345839Aug-15 5 3755636029Jul-15 1 3057115837Jun-15 2 34601506254May-15 3 5758106141Apr-15 3 43541957
© 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 05/07/172 ofBrokerMetrics®Information not guaranteed. © 2006 - 2017 Terradatum and its suppliers and licensors (http://www.terradatum.com/metrics/licensors).
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 – May 7th, 2017 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 is considered a seller’s market. Here’s a break down by price. Months Supply Active Listings April Listings Price Range Of Listing Inventory On May 7th Under Contract $000,000 – $200,000 1.3 Months 48 45 $200,001 – $300,000 3.5 Months 146 46 $300,001 – $400,000 5.5 Months 113 27 $400,001 – $500,000 6.7 Months 58 11 $500,001 – $600,000 5.9 Months 24 4 $600,001 – $700,000 4.0 Months 11 2 $700,001 – $800,000 8.4 Months 14 0 $800,001 – $900,000 17.1 Months 10 1 $900,001 – $1,000,000 24.0 Months 8 1 $1,000,001+ 18.7 Months 14 1 All Price Ranges 3.8 Months 448 138 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 us today – 281-367-3531 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 – 281-367-3531.
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.
