The Woodlands Home Sales REport - April 2015

13
The Home Sales Real Estate Report The Woodlands | April 5 th , 2015 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 Sold Price To List Price $ P By Broker 9000 Forest Crossing Drive | The Woodlands TX 77381 | 281-367-3531 281-367-3531

Transcript of The Woodlands Home Sales REport - April 2015

Page 1: The Woodlands Home Sales REport - April 2015

The$Home$Sales$Real$Estate$Report$$The$Woodlands$|$April$5th,$2015$Lis=ng$Inventory$Month$By$Month$Home$Sales$Month$By$Month$$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$$Sold$Price$To$List$Price$$$P$By$Broker$$$

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

281-367-3531

Page 2: The Woodlands Home Sales REport - April 2015

The Woodlands Texas Real Estate ReportListing Inventory - Month to Month By Year

Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec2015 591 630 658 7312014 355 366 373 445 497 556 617 682 669 680 652 645

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

2015 Listing Inventory 2014 Listing Inventory

Page 3: The Woodlands Home Sales REport - April 2015

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

Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec2015 170 217 2782014 195 203 277 314 300 297 218 233 155 197 147 1662013 182 257 290 327 364 304 270 228 177 212 138 149

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

2013 Contrats Written 2014 Contracts Written 2015 Contracts Written

Page 4: The Woodlands Home Sales REport - April 2015

KEY INFORMATION

2 Years (Monthly) 03/01/13 - 03/31/15

Market Dynamics BHGRE Gary GreeneSold Average vs. Median Price

Monthly % Total % Change

16.160.52

Monthly Change

2,062.40Median

Total ChangeAverage 2,128.01 51,072.25 12.56

49,497.650.67

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:

04/05/15BrokerMetrics®Information not guaranteed. © 2015 - 2016 Terradatum and its suppliers and licensors (http://www.terradatum.com/metrics/licensors).

© 2015 - 2016 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 5: The Woodlands Home Sales REport - April 2015

BHGRE Gary Greene

2 Years (Monthly) 03/01/13 - 03/31/15

Market DynamicsSold Average vs. Median Price

Time Period # Properties Sold Sold Average $ Sold Median $ Sold Avg DOMAverage $ - Median $ Median $ as % of Average $200Mar-15 408,802 82.0335,000 73,802 50133Feb-15 437,539 78.8345,000 92,539 64127Jan-15 526,636 68.4360,000 166,636 55214Dec-14 442,647 80.2354,966 87,681 55127Nov-14 510,416 69.4354,500 155,916 46165Oct-14 404,115 84.1340,000 64,115 42187Sep-14 410,118 82.7339,000 71,118 36229Aug-14 444,543 77.2343,000 101,543 35303Jul-14 413,571 83.4345,000 68,571 28270Jun-14 454,579 80.3365,000 89,579 27273May-14 464,795 76.6356,000 108,795 32229Apr-14 439,920 73.9325,000 114,920 34209Mar-14 433,917 73.3318,250 115,667 38144Feb-14 441,023 73.5324,350 116,673 43128Jan-14 417,778 71.8300,000 117,778 46174Dec-13 417,356 85.1355,000 62,356 43178Nov-13 413,108 75.3311,000 102,108 47172Oct-13 459,044 70.0321,500 137,544 36193Sep-13 395,956 77.3306,000 89,956 32278Aug-13 411,555 75.3309,900 101,655 27312Jul-13 448,792 75.6339,500 109,292 27321Jun-13 421,217 78.3330,000 91,217 28307May-13 420,169 72.6305,000 115,169 32234Apr-13 393,727 75.6297,869 95,858 38214Mar-13 378,182 78.1295,250 82,932 45

© 2015 - 2016 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 04/05/152 ofBrokerMetrics®Information not guaranteed. © 2015 - 2016 Terradatum and its suppliers and licensors (http://www.terradatum.com/metrics/licensors).

Page 6: The Woodlands Home Sales REport - April 2015

Market DynamicsAverage $/SQFT (Sold)

2 Years (Monthly) 03/01/13 - 03/31/15

BHGRE Gary Greene

Price:

0.62

AllAll All

19.89

Property Types:HAR

Sold $/SQFT

MLS: AllBathrooms:

0.83

All Construction Type:

Total Change

Sq Ft:

Monthly Change

2 Years (Monthly)

Sublocations:

All

14.81

Lot Size:Period:

Monthly %

Bedrooms:

KEY INFORMATION

Total % Change

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

04/05/15BrokerMetrics®Information not guaranteed. © 2015 - 2016 Terradatum and its suppliers and licensors (http://www.terradatum.com/metrics/licensors).

© 2015 - 2016 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 7: The Woodlands Home Sales REport - April 2015

Average $/SQFT (Sold)2 Years (Monthly) 03/01/13 - 03/31/15

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

203Mar-15 1,096 3,704753,747 277 544,356 3,159 172 200 97 393408,802 711,155 639,9352,843 144 3,691 192 3,405 188202Feb-15 992 3,669742,167 203 455,196 2,938 155 133 86 299437,539 804,797 575,8663,009 145 3,737 215 3,292 175201Jan-15 962 3,649732,564 153 452,235 3,012 150 127 116 309526,636 616,282 580,5623,167 166 3,401 181 3,301 176199Dec-14 927 3,637725,679 149 526,937 3,138 168 214 125 174442,647 550,867 611,0682,947 150 3,309 166 3,305 185194Nov-14 986 3,592698,367 146 454,118 2,932 155 127 87 218510,416 642,639 545,9763,175 161 3,638 177 3,141 173190Oct-14 1,039 3,543672,424 181 444,677 2,911 153 165 90 249404,115 539,941 503,7912,815 144 3,314 163 3,094 163190Sep-14 1,033 3,545672,367 140 452,221 2,891 156 187 103 258410,118 563,502 492,3192,878 143 3,357 168 3,058 161189Aug-14 1,094 3,533666,154 221 438,692 2,918 150 229 98 314444,543 655,967 475,3492,955 150 3,543 185 3,045 156189Jul-14 1,062 3,511662,821 202 408,753 2,801 146 303 80 377413,571 522,936 476,2592,884 144 3,186 164 3,047 156190Jun-14 1,038 3,542672,219 275 450,989 2,980 151 270 78 372454,579 633,012 501,9903,021 150 3,554 178 3,136 160192May-14 984 3,542678,317 261 444,352 2,921 152 273 57 408464,795 709,901 549,4803,028 153 3,719 191 3,199 172192Apr-14 896 3,577684,447 279 485,018 3,071 158 229 41 386439,920 845,579 522,7232,991 147 4,105 206 3,200 164192Mar-14 832 3,577686,274 262 446,585 2,992 149 209 60 366433,917 708,024 489,4933,005 145 3,694 192 3,079 159200Feb-14 695 3,693738,428 188 510,968 3,094 165 144 41 245441,023 617,564 528,8692,978 148 3,313 186 3,200 165200Jan-14 681 3,699740,594 184 439,701 3,009 146 128 47 236417,778 846,908 628,7102,945 142 3,890 218 3,402 185196Dec-13 637 3,668716,728 123 413,571 2,941 141 174 69 145417,356 720,545 507,7192,985 139 3,759 192 3,149 161197Nov-13 669 3,666721,254 138 422,997 2,968 141 178 39 169413,108 1,056,635 525,8303,025 137 4,157 254 3,070 171187Oct-13 757 3,608674,800 195 440,743 3,044 145 172 62 218459,044 503,632 506,3943,056 150 3,289 153 3,137 161185Sep-13 767 3,588664,624 167 417,815 2,890 145 193 61 206395,956 648,553 512,3402,929 135 3,641 178 3,156 163180Aug-13 846 3,534635,925 213 431,212 3,007 143 278 72 283411,555 582,224 454,7712,983 138 3,439 169 3,020 151179Jul-13 873 3,569639,793 247 440,715 2,987 148 312 63 337448,792 641,120 501,0383,159 142 3,862 166 3,226 155176Jun-13 864 3,557626,622 274 413,484 3,018 137 321 54 335421,217 711,432 431,5723,078 137 4,011 177 3,090 140176May-13 910 3,565627,785 342 459,202 3,147 146 307 39 380420,169 446,463 449,1153,038 138 3,338 134 3,081 146178Apr-13 868 3,616645,114 290 457,908 3,110 147 234 48 380393,727 553,028 517,9963,023 130 3,393 163 3,279 158175Mar-13 803 3,598631,115 263 410,517 3,030 136 214 52 344378,182 686,518 456,2812,956 128 3,850 178 3,166 144

© 2015 - 2016 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 04/05/152 ofBrokerMetrics®Information not guaranteed. © 2015 - 2016 Terradatum and its suppliers and licensors (http://www.terradatum.com/metrics/licensors).

Page 8: The Woodlands Home Sales REport - April 2015

BHGRE Gary GreeneMarket Dynamics

2 Years (Monthly) 03/01/13 - 03/31/15Average DOM for Under Contract Properties

Monthly %0.92

107

Total % Change

Sq Ft:Bathrooms:All All

DOM

Construction Type:

Sublocations:

Period:Property Types:

22.17 78.28Monthly Change

3.26

Lot Size:All

KEY INFORMATION

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

Total Change

AllMLS: Price:2 Years (Monthly)

Information not guaranteed. © 2015 - 2016 Terradatum and its suppliers and licensors (http://www.terradatum.com/metrics/licensors).

BrokerMetrics® 1 of 2

© 2015 - 2016 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

04/05/15

Page 9: The Woodlands Home Sales REport - April 2015

Average DOM for Under Contract PropertiesMarket Dynamics BHGRE Gary Greene

2 Years (Monthly) 03/01/13 - 03/31/15

Period Avg DOM Avg CDOMContract# UnderTime

47Mar-15 6427749Feb-15 9020358Jan-15 8315368Dec-14 9514950Nov-14 7514646Oct-14 6418143Sep-14 6114039Aug-14 4922134Jul-14 4420232Jun-14 4227525May-14 2926130Apr-14 4627930Mar-14 4826243Feb-14 5818844Jan-14 7018448Dec-13 6112337Nov-13 5313845Oct-13 6219535Sep-13 5816733Aug-13 4421331Jul-13 4724723Jun-13 4227428May-13 3834235Apr-13 6329031Mar-13 50263

2

© 2015 - 2016 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

04/05/15Information not guaranteed. © 2015 - 2016 Terradatum and its suppliers and licensors (http://www.terradatum.com/metrics/licensors).

BrokerMetrics® 2 of

Page 10: The Woodlands Home Sales REport - April 2015

! 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 – April 5th, 2015

Q. Is it still a Seller’s Market? 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, sellers priced under $700,000 enjoy a seller’s market. Here’s a break down by price.

PRICE RANGE MONTHS SUPPLY OF LISTING INVENTORY

$000,000 – $200,000 . . . . . . . . . . . . . . . . . . . . 24 Days $200,001 – $300,000 . . . . . . . . . . . . . . . . . . . . 1.7 Months

$300,001 – $400,000 . . . . . . . . . . . . . . . . . . . . 2.4 Months $400,001 – $500,000 . . . . . . . . . . . . . . . . . . . . 3.4 Months $500,001 – $600,000 . . . . . . . . . . . . . . . . . . . . 4.3 Months $600,001 – $700,000 . . . . . . . . . . . . . . . . . . . . 7.4 Months $700,001 – $800,000 . . . . . . . . . . . . . . . . . . . . 7.0 Months $800,001 – $900,000 . . . . . . . . . . . . . . . . . . . . 8.1 Months $900,001 – $1,000,000 . . . . . . . . . . . . . . . . . . . 8.9 Months

$1,000,001 - $1,500,000 . . . . . . . . . . . . . . . . 11.5 Months $1,500,001 - $2,000,000 . . . . . . . . . . . . . . . . 14.3 Months

$2,000,001+ . . . . . . . . . . . . . . . . . . . . . . . . . . 22.4 Months All Price Ranges . . . . . . . . . . . . . . . . . . . . . . . . 3.6 Months

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. If you snooze you lose out. When shopping buyer’s market price ranges the services of a shrewd negotiator will help you secure the very best price and terms. What ever your price range, to buy your property 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. What ever your price range, 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 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. Thanks.

Page 11: The Woodlands Home Sales REport - April 2015

Months Supply of Inventory (UC Calculation)Market Dynamics

2 Years (Monthly) 03/01/13 - 03/31/15

BHGRE Gary Greene

Sublocations:

129.10

Price:HAR Bedrooms:Period:

Monthly %MSI-UC

2 Years (Monthly)

107

5.38

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

Total % Change

Property Types:

KEY INFORMATION

AllAll Lot Size:All

2.40Monthly Change

0.10Total Change

Sq Ft:AllAll Bathrooms:MLS: AllConstruction Type:

Information not guaranteed. © 2015 - 2016 Terradatum and its suppliers and licensors (http://www.terradatum.com/metrics/licensors).

BrokerMetrics® 1 of 2

© 2015 - 2016 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

04/05/15

Page 12: The Woodlands Home Sales REport - April 2015

BHGRE Gary GreeneMarket DynamicsMonths Supply of Inventory (UC Calculation)

2 Years (Monthly) 03/01/13 - 03/31/15

Period NAR MSI # SoldMSI# For Sale Last

Day of Month# UnderContract

Time

3.6Mar-15 277 2007222.6

5.3Feb-15 203 1337033.5

5.5Jan-15 153 1276934.5

3.1Dec-14 149 2146534.4

5.9Nov-14 146 1277535.2

4.7Oct-14 181 1657684.2

4.2Sep-14 140 1877905.6

3.4Aug-14 221 2297753.5

2.6Jul-14 202 3037803.9

2.5Jun-14 275 2706852.5

2.4May-14 261 2736662.6

2.5Apr-14 279 2295762.1

2.4Mar-14 262 2095101.9

3.2Feb-14 188 1444662.5

3.5Jan-14 184 1284502.4

2.6Dec-13 123 1744453.6

2.8Nov-13 138 1784923.6

2.9Oct-13 195 1725002.6

2.8Sep-13 167 1935393.2

2.0Aug-13 213 2785612.6

1.8Jul-13 247 3125632.3

1.7Jun-13 274 3215362.0

1.7May-13 342 3075291.5

2.3Apr-13 290 2345301.8

2.3Mar-13 263 2144881.9

2

© 2015 - 2016 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

04/05/15Information not guaranteed. © 2015 - 2016 Terradatum and its suppliers and licensors (http://www.terradatum.com/metrics/licensors).

BrokerMetrics® 2 of

Page 13: The Woodlands Home Sales REport - April 2015

Market Share Totals BHGRE Gary Greene

Sublocations:

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

Bathrooms:Property Types:

AllDate: AllBroker All

107

HAR All03/01/2015 - 03/31/2015 SoldStatus: Construction Type:Type: Bedrooms:MLS:

Information not guaranteed. © 2015 - 2016 Terradatum and its suppliers and licensors (http://www.terradatum.com/metrics/licensors).© 2015 - 2016 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

2BrokerMetrics® 1 of 04/02/15

The Woodlands

To sell for The Highest Price and Best Terms!Better Homes And Gardens Real Estate Gary Greene

S/O = Sold Price To List Price %DOM - Days On Market