The Woodlands Home Sales Report June 2016

TheHomeSalesRealEstateReportTheWoodlands|June,2016Lis>ngInventoryMonthByMonthHomeSalesMonthByMonthAverageSoldPrice/MedianSoldPriceAveragePricePerSquareFootAverageDaysOnMarketMonthsSupplyofForSaleInventory

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

281-367-3531

The Woodlands Texas Real Estate ReportListing Inventory - All Brokers Combined

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

2016 Listing Inventory 2015 Listing Inventory

Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec2016 788 809 855 863 875 9002015 591 630 658 731 818 863 912 947 925 917 906 889

The Woodlands Texas Real Estate ReportProperties Placed Under Contract - All Brokers Combined

Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec2016 129 203 191 283 2342015 170 217 278 279 275 249 261 161 180 173 134 119

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

2016 Contracts Written 2015 Contracts Written

KEY INFORMATION

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

Market Dynamics BHGRE Gary GreeneSold Average vs. Median Price

Monthly % Total % Change

-8.720.04

Monthly Change

-1,320.40Median

Total ChangeAverage 197.08 4,729.86 1.04

-31,689.70-0.36

Sublocations:All

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

HAR AllAll AllAllAll Lot Size:Bedrooms:Property Types:

107

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

1 of 2

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 $216May-16 489,733 73.2358,750 130,983 51147Apr-16 427,906 77.7332,500 95,406 60174Mar-16 414,500 73.7305,275 109,225 63111Feb-16 397,904 71.6285,000 112,904 60103Jan-16 481,652 60.6292,000 189,652 64158Dec-15 507,872 72.8370,000 137,872 54116Nov-15 399,841 73.8295,250 104,591 57161Oct-15 466,198 74.8348,705 117,493 61167Sep-15 446,247 81.8365,000 81,247 43239Aug-15 436,967 75.5330,000 106,967 40237Jul-15 523,560 78.7412,000 111,560 47290Jun-15 553,793 75.3417,250 136,543 43232May-15 479,580 82.4395,000 84,580 44204Apr-15 471,664 71.0335,000 136,664 45208Mar-15 407,694 82.3335,500 72,194 50132Feb-15 439,452 79.1347,450 92,002 64127Jan-15 526,636 68.4360,000 166,636 55211Dec-14 445,794 80.0356,500 89,294 55127Nov-14 510,416 69.5354,500 155,916 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 28269Jun-14 455,421 80.2365,000 90,421 27269May-14 468,861 77.8365,000 103,861 32


2 06/06/162 ofBrokerMetrics®Information not guaranteed. © 2006 - 2016 Terradatum and its suppliers and licensors (http://www.terradatum.com/metrics/licensors).

Market DynamicsAverage $/SQFT (FS, Sold)

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

BHGRE Gary Greene

Price:

0.17

AllAll All

0.077.95

Property Types:HAR

Sold $/SQFTFor Sale $/SQFT

MLS: All

0.11

Bathrooms:

0.33

All

1.712.58

Construction Type:

Total Change

Sq Ft:

Monthly Change

2 Years (Monthly)

Sublocations:

All

4.17

Lot Size:Period:

Monthly %

Bedrooms:

KEY INFORMATION

Total % Change

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

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


1 of 2

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

194May-16 1,292 3,645706,575 226 471,428 3,075 153 216 161 389489,733 755,055 540,6263,175 154 3,815 198 3,266 166196Apr-16 1,313 3,669718,686 263 494,923 3,118 159 147 147 429427,906 754,272 570,3382,896 148 3,800 198 3,285 174197Mar-16 1,192 3,685725,989 180 445,090 2,894 154 174 128 356414,500 674,248 578,8842,847 146 3,624 186 3,348 173200Feb-16 1,151 3,662730,126 176 492,117 2,929 168 111 139 340397,904 679,610 610,3412,749 145 3,585 191 3,409 180199Jan-16 1,117 3,627721,381 120 455,394 2,906 157 103 186 273481,652 635,895 586,8402,998 161 3,483 183 3,303 178199Dec-15 1,170 3,631721,546 110 539,967 3,055 177 158 216 176507,872 644,617 592,2513,149 161 3,530 183 3,155 188195Nov-15 1,231 3,612703,020 126 410,889 2,859 144 116 111 205399,841 663,719 502,4942,781 144 3,533 188 3,130 161193Oct-15 1,365 3,582692,206 156 510,143 3,044 168 161 183 323466,198 562,149 507,1283,037 154 3,331 169 3,152 161198Sep-15 1,383 3,632718,610 164 439,079 2,895 152 167 177 320446,247 795,308 608,6962,988 149 3,831 208 3,366 181195Aug-15 1,361 3,612703,692 144 461,398 2,991 154 239 154 301436,967 598,884 542,7072,876 152 3,502 171 3,162 172191Jul-15 1,407 3,577684,647 235 441,898 2,921 151 237 112 412523,560 581,098 491,0573,278 160 3,414 170 3,095 159198Jun-15 1,364 3,654723,266 219 521,479 3,119 167 290 150 419553,793 742,312 588,2853,246 171 3,618 205 3,312 178196May-15 1,284 3,645714,117 241 493,391 3,055 161 232 98 395479,580 591,593 534,7333,114 154 3,551 167 3,204 167198Apr-15 1,248 3,699731,602 255 547,136 3,240 169 204 104 449471,664 652,049 632,1903,022 156 3,609 181 3,426 185198Mar-15 1,136 3,698733,470 257 551,355 3,159 175 208 80 389407,694 779,220 631,4212,842 143 3,876 201 3,427 184198Feb-15 1,021 3,670728,151 200 457,470 2,954 155 132 74 297439,452 869,575 566,5793,019 146 3,898 223 3,299 172198Jan-15 981 3,663726,723 153 455,602 3,024 151 127 104 308526,636 654,238 572,2843,167 166 3,502 187 3,295 174197Dec-14 938 3,655721,567 147 531,243 3,155 168 211 118 174445,794 526,144 602,5942,960 151 3,271 161 3,318 182193Nov-14 990 3,607696,874 144 453,484 2,933 155 127 82 216510,416 641,764 544,9773,175 161 3,612 178 3,143 173189Oct-14 1,038 3,560672,051 180 445,566 2,914 153 165 84 245404,115 538,062 506,4032,815 144 3,331 162 3,112 163189Sep-14 1,035 3,552669,200 140 452,221 2,891 156 187 102 257410,118 546,968 489,0602,878 143 3,321 165 3,058 160188Aug-14 1,094 3,539663,254 221 438,692 2,918 150 229 95 312444,543 649,640 472,9782,955 150 3,539 184 3,050 155188Jul-14 1,063 3,515660,375 202 408,753 2,801 146 303 79 375413,571 523,798 474,4602,884 144 3,182 165 3,044 156189Jun-14 1,039 3,541668,108 275 450,989 2,980 151 269 76 369455,421 606,394 501,3173,025 150 3,480 174 3,140 160191May-14 984 3,543675,103 259 446,086 2,930 152 269 55 407468,861 719,752 549,0343,049 153 3,745 192 3,202 171


2 06/06/162 ofBrokerMetrics®Information not guaranteed. © 2006 - 2016 Terradatum and its suppliers and licensors (http://www.terradatum.com/metrics/licensors).

BHGRE Gary GreeneMarket Dynamics

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

Monthly %0.99

107

Total % Change

Sq Ft:Bathrooms:All All

DOM

Construction Type:

Sublocations:

Period:Property Types:

23.73 63.56Monthly Change

2.65

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).

BrokerMetrics® 1 of 2


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

51May-16 8522659Apr-16 10126350Mar-16 10618065Feb-16 11117664Jan-16 12412071Dec-15 11911055Nov-15 9512661Oct-15 11115652Sep-15 8016441Aug-15 7014440Jul-15 6423547Jun-15 7021941May-15 6324141Apr-15 5825549Mar-15 6525750Feb-15 9120059Jan-15 8415368Dec-14 9514749Nov-14 7314445Oct-14 6418043Sep-14 6114039Aug-14 4922134Jul-14 4420232Jun-14 4227525May-14 29259

2


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

BrokerMetrics® 2 of

l 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 – June 6th, 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 0.9 Months 18 12 $200,001 – $300,000 2.8 Months 133 52 $300,001 – $400,000 4.8 Months 171 60 $400,001 – $500,000 5.8 Months 117 34 $500,001 – $600,000 6.3 Months 99 21 $600,001 – $700,000 6.8 Months 77 13 $700,001 – $800,000 9.8 Months 62 11 $800,001 – $900,000 8.6 Months 41 9 $900,001 – $1,000,000 10.3 Months 30 6 $1,000,001 - $1,500,000 15.1 Months 78 9 $1,500,001 - $2,000,000 16.6 Months 40 3 $2,000,001 - $3,000,000 9.8 Months 22 3 $3,000,001+ 46.3 Months 27 0 All Price Ranges 5.2 Months 912 226 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 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.

Months Supply of Inventory (UC Calculation)Market Dynamics

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

BHGRE Gary Greene

Sublocations:

65.33

Price:HAR Bedrooms:Period:

Monthly %MSI-UC

2 Years (Monthly)

107

2.72

Single-Family: (Free Standing, Patio Home)

Total % Change

Property Types:

KEY INFORMATION

AllAll Lot Size:All

2.36Monthly Change

0.10Total Change

Sq Ft:AllAll Bathrooms:MLS: AllConstruction Type:

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

BrokerMetrics® 1 of 2


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

4.2May-16 226 2169054.0

6.1Apr-16 263 1479033.4

5.1Mar-16 180 1748844.9

7.5Feb-16 176 1118364.8

7.9Jan-16 120 1038116.8

5.3Dec-15 110 1588447.7

8.6Nov-15 126 1169947.9

6.4Oct-15 156 1611,0266.6

6.2Sep-15 164 1671,0426.4

4.4Aug-15 144 2391,0637.4

4.5Jul-15 235 2371,0604.5

3.4Jun-15 219 2909954.5

4.1May-15 241 2329453.9

4.4Apr-15 255 2048893.5

3.8Mar-15 257 2087993.1

5.7Feb-15 200 1327473.7

5.7Jan-15 153 1277244.7

3.2Dec-14 147 2116734.6

6.0Nov-14 144 1277645.3

4.7Oct-14 180 1657744.3

4.2Sep-14 140 1877935.7

3.4Aug-14 221 2297783.5

2.6Jul-14 202 3037823.9

2.6Jun-14 275 2696882.5

2.5May-14 259 2696702.6

2


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

BrokerMetrics® 2 of

The Woodlands Home Sales Report June 2016

Real Estate

Transcript of The Woodlands Home Sales Report June 2016