The Woodlands Home Sales Report November/December 2014

13
The Home Sales Real Estate Report The Woodlands | December 4 th , 2014 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 % Q By Broker 9000 Forest Crossing Drive | The Woodlands TX 77381 | 281-367-3531 281-367-3531

Transcript of The Woodlands Home Sales Report November/December 2014

Page 1: The Woodlands Home Sales Report November/December 2014

The$Home$Sales$Real$Estate$Report$$The$Woodlands$|$December$4th,$2014$Lis?ng$Inventory$Month$By$Month$Home$Sales$Month$By$Month$$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$$Sold$Price$To$List$Price$%$Q$By$Broker$$

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

281-367-3531

Page 2: The Woodlands Home Sales Report November/December 2014

The Woodlands Texas Real Estate Report!Unsold Listing Inventory - Month to Month 2013 ~vs~ 2014!

Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec2014 355 366 373 445 497 556 617 682 669 680 652 6452013 402 377 407 426 421 423 454 465 429 388 392 386

Better Homes And Gardens Real Estate Gary Greene - 9000 Forest Crossing, The Woodlands Texas / 281-367-3531!Data obtained from the Houston Association of Realtors Multiple Listing Service - Single Family/TheWoodlands TX

2013 Listing Inventory 2014 Listing Inventory

Page 3: The Woodlands Home Sales Report November/December 2014

The Woodlands Texas Real Estate Report!Properties Placed Under Contract - Month to Month / 2013 ~vs~ 2014!

Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov2014 195 203 277 314 300 297 218 233 155 197 1662013 182 257 290 327 364 304 270 228 177 212 149

Better Homes And Gardens Real Estate Gary Greene - 9000 Forest Crossing, The Woodlands Texas / 281-367-3531!Data obtained from the Houston Association of Realtors Multiple Listing Service - Single Family/TheWoodlands TX

2013 Contrats Written 2014 Contracts Written

Page 4: The Woodlands Home Sales Report November/December 2014

KEY INFORMATION

2 Years (Monthly) 11/01/12 - 11/30/14

0DUNHW�'\QDPLFV %+*5(�*DU\�*UHHQHSold Average vs. Median Price

0RQWKO\�� 7RWDO���&KDQJH

25.830.83

0RQWKO\�&KDQJH

3,057.08Median

7RWDO�&KDQJHAverage 3,181.06 76,345.33 19.96

73,369.921.08

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:

12/04/14%URNHU0HWULFV�Information not guaranteed. © 2014 - 2015 Terradatum and its suppliers and licensors (http://www.terradatum.com/metrics/licensors).

© 2014 - 2015 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 November/December 2014

BHGRE Gary Greene

2 Years (Monthly) 11/01/12 - 11/30/14

Market DynamicsSold Average vs. Median Price

Time Period # Properties Sold Sold Average $ Sold Median $ Sold Avg DOMAverage $ - Median $ Median $ as % of Average $126Nov-14 510,062 69.4353,750 156,312 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-14 413,406 83.0343,000 70,406 28269Jun-14 455,421 80.2365,000 90,421 27269May-14 468,861 77.8365,000 103,861 32228Apr-14 441,674 73.6325,000 116,674 34206Mar-14 437,658 73.6322,000 115,658 38143Feb-14 442,656 73.6326,000 116,656 43125Jan-14 423,536 72.0305,000 118,536 46172Dec-13 419,476 84.9356,000 63,476 43177Nov-13 414,448 75.5313,000 101,448 47170Oct-13 459,404 70.0321,500 137,904 35192Sep-13 397,010 77.6308,000 89,010 32278Aug-13 411,555 75.3309,900 101,655 27310Jul-13 450,251 75.6340,495 109,756 27321Jun-13 421,217 78.3330,000 91,217 28306May-13 420,921 72.5305,000 115,921 32232Apr-13 395,125 75.6298,869 96,256 38212Mar-13 378,783 78.0295,250 83,533 45169Feb-13 357,056 76.2272,000 85,056 54131Jan-13 387,824 78.0302,500 85,324 65181Dec-12 420,754 64.0269,500 151,254 68182Nov-12 329,625 81.7269,230 60,395 52

© 2014 - 2015 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 12/04/142 of%URNHU0HWULFV�Information not guaranteed. © 2014 - 2015 Terradatum and its suppliers and licensors (http://www.terradatum.com/metrics/licensors).

Page 6: The Woodlands Home Sales Report November/December 2014

0DUNHW�'\QDPLFVAverage $/SQFT (Sold)

2 Years (Monthly) 11/01/12 - 11/30/14

%+*5(�*DU\�*UHHQH

Price:

0.88

AllAll All

26.67

Property Types:HAR

Sold $/SQFT

MLS: AllBathrooms:

1.11

All Construction Type:

7RWDO�&KDQJH

Sq Ft:

0RQWKO\�&KDQJH

2 Years (Monthly)

Sublocations:

All

21.02

Lot Size:Period:

0RQWKO\��

Bedrooms:

KEY INFORMATION

7RWDO���&KDQJH

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

12/04/14%URNHU0HWULFV�Information not guaranteed. © 2014 - 2015 Terradatum and its suppliers and licensors (http://www.terradatum.com/metrics/licensors).

© 2014 - 2015 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 November/December 2014

Average $/SQFT (Sold)2 Years (Monthly) 11/01/12 - 11/30/14

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

198Nov-14 916 3,623715,454 157 472,951 3,001 158 126 105 214510,062 660,531 556,3323,169 161 3,651 180 3,153 176192Oct-14 996 3,555683,685 182 451,446 2,928 154 165 112 244404,115 557,912 515,1412,815 144 3,255 171 3,111 166191Sep-14 1,005 3,548679,004 140 452,221 2,891 156 187 113 258410,118 564,891 493,3182,878 143 3,363 168 3,058 161190Aug-14 1,081 3,537671,071 222 437,887 2,914 150 229 112 313444,543 652,623 480,7802,955 150 3,563 183 3,048 158189Jul-14 1,055 3,511664,753 202 408,753 2,801 146 303 85 377413,406 515,330 477,5472,884 143 3,176 162 3,049 157190Jun-14 1,035 3,543673,702 275 450,989 2,980 151 269 82 377455,421 633,900 503,6273,025 150 3,568 178 3,139 161192May-14 977 3,547680,725 260 445,020 2,927 152 269 59 408468,861 711,006 549,7123,049 153 3,730 191 3,201 172192Apr-14 887 3,585687,662 277 487,094 3,081 158 228 41 383441,674 835,238 527,4232,999 147 4,084 205 3,212 165192Mar-14 826 3,587688,899 260 449,140 3,004 149 206 62 367437,658 714,536 489,2403,025 145 3,729 192 3,081 159200Feb-14 687 3,710743,441 186 514,486 3,109 165 143 42 244442,656 608,810 531,2972,986 148 3,286 185 3,208 165201Jan-14 672 3,723747,154 181 443,788 3,029 147 125 48 234423,536 846,972 632,9802,974 142 3,917 216 3,417 185196Dec-13 627 3,698724,163 120 419,687 2,973 141 172 69 144419,476 720,545 510,3853,001 139 3,759 192 3,159 162197Nov-13 660 3,691727,481 138 422,997 2,968 141 177 39 166414,448 1,056,635 532,2193,033 137 4,157 254 3,095 172187Oct-13 747 3,629679,477 192 441,328 3,057 144 170 61 214459,404 508,939 509,4743,062 150 3,316 153 3,156 161185Sep-13 758 3,608669,290 165 420,625 2,903 145 192 60 204397,010 656,279 515,5992,934 135 3,669 179 3,171 163180Aug-13 837 3,551639,860 213 431,212 3,007 143 278 70 283411,555 593,931 454,7712,983 138 3,493 170 3,020 151179Jul-13 862 3,589644,411 247 440,715 2,987 148 310 61 334450,251 651,862 503,4823,168 142 3,907 167 3,239 155176Jun-13 855 3,572630,236 273 414,339 3,023 137 321 54 330421,217 711,432 432,9383,078 137 4,011 177 3,100 140176May-13 904 3,578630,538 341 459,771 3,150 146 306 38 378420,921 453,741 450,3413,042 138 3,383 134 3,088 146179Apr-13 862 3,628647,899 289 458,835 3,114 147 232 47 377395,125 555,486 520,6873,030 130 3,416 163 3,291 158175Mar-13 797 3,610633,415 261 411,851 3,036 136 212 51 341378,783 689,195 457,9852,956 128 3,880 178 3,178 144178Feb-13 709 3,654651,044 223 391,553 3,007 130 169 30 241357,056 853,851 491,2812,932 122 4,231 202 3,231 152174Jan-13 712 3,639633,184 181 384,271 2,995 129 131 63 241387,824 604,479 477,9052,981 130 3,755 161 3,271 147177Dec-12 680 3,605639,168 135 449,520 3,044 148 181 74 134420,754 517,532 401,6283,038 138 3,223 161 3,046 132173Nov-12 769 3,527609,755 164 358,522 2,846 126 182 59 185329,625 496,401 412,3822,868 115 3,420 147 3,048 135

© 2014 - 2015 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 12/04/142 of%URNHU0HWULFV�Information not guaranteed. © 2014 - 2015 Terradatum and its suppliers and licensors (http://www.terradatum.com/metrics/licensors).

Page 8: The Woodlands Home Sales Report November/December 2014

%+*5(�*DU\�*UHHQH0DUNHW�'\QDPLFV

2 Years (Monthly) 11/01/12 - 11/30/14Average DOM for Under Contract Properties

0RQWKO\��-0.36

107

7RWDO���&KDQJH

Sq Ft:Bathrooms:All All

DOM

Construction Type:

Sublocations:

Period:Property Types:

-8.74 -19.890RQWKO\�&KDQJH

-0.83

Lot Size:All

KEY INFORMATION

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

7RWDO�&KDQJH

AllMLS: Price:2 Years (Monthly)

Information not guaranteed. © 2014 - 2015 Terradatum and its suppliers and licensors (http://www.terradatum.com/metrics/licensors).

%URNHU0HWULFV� 1 of 2

© 2014 - 2015 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

12/04/14

Page 9: The Woodlands Home Sales Report November/December 2014

Average DOM for Under Contract PropertiesMarket Dynamics BHGRE Gary Greene

2 Years (Monthly) 11/01/12 - 11/30/14

Period Avg DOM Avg CDOMContract# UnderTime

50Nov-14 7515745Oct-14 6618243Sep-14 6114039Aug-14 4922234Jul-14 4420232Jun-14 4227525May-14 2926030Apr-14 4627730Mar-14 4826042Feb-14 5718644Jan-14 7018148Dec-13 6112037Nov-13 5313845Oct-13 6219235Sep-13 5816533Aug-13 4421331Jul-13 4724723Jun-13 4227328May-13 3834136Apr-13 6328931Mar-13 5126145Feb-13 6722358Jan-13 8718169Dec-12 10013556Nov-12 80164

2

© 2014 - 2015 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

12/04/14Information not guaranteed. © 2014 - 2015 Terradatum and its suppliers and licensors (http://www.terradatum.com/metrics/licensors).

%URNHU0HWULFV� 2 of

Page 10: The Woodlands Home Sales Report November/December 2014

! 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 – December 4th, 2014

Q. Is it 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 $1,000,000 enjoy a seller’s market. Here’s a break down by price. PRICE RANGE. . . . . . . . . . . . . . . MONTHS SUPPLY OF LISTING INVENTORY

$000,000 – $200,000 . . . . . . . . . . . . . . . . . . . . 1.1 Months

$200,001 – $300,000 . . . . . . . . . . . . . . . . . . . . 1.9 Months $300,001 – $400,000 . . . . . . . . . . . . . . . . . . . . 2.8 Months $400,001 – $500,000 . . . . . . . . . . . . . . . . . . . . 3.1 Months $500,001 – $600,000 . . . . . . . . . . . . . . . . . . . . 3.7 Months $600,001 – $700,000 . . . . . . . . . . . . . . . . . . . . 4.7 Months $700,001 – $800,000 . . . . . . . . . . . . . . . . . . . . 4.9 Months $800,001 – $900,000 . . . . . . . . . . . . . . . . . . . . 5.7 Months $900,001 – $1,000,000 . . . . . . . . . . . . . . . . . . . 7.3 Months $1,000,001+ . . . . . . . . . . . . . . . . . . . . . . . . . . . 11.4 Months All Price Ranges . . . . . . . . . . . . . . . . . . . . . . . 3.2 Months

What does this mean? For buyers, in a seller’s market, when you find something you love, don’t hesitate to submit an offer. If you snooze you lose out. For sellers: Three key factors that impact salability are merchandising (staging), massive broadcast marketing and a savvy Coming Soon Strategy. Choose the best broker to help you position your property aggressively in today’s market and you’ll sell your property for HIGHEST possible price and the BEST possible terms. Ignore these salability factors even in a strong seller’s market the property will languish unsold. 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.

Page 11: The Woodlands Home Sales Report November/December 2014

Months Supply of Inventory (UC Calculation)0DUNHW�'\QDPLFV

2 Years (Monthly) 11/01/12 - 11/30/14

%+*5(�*DU\�*UHHQH

Sublocations:

68.72

Price:HAR Bedrooms:Period:

0RQWKO\��MSI-UC

2 Years (Monthly)

107

2.86

Single-Family: (Free Standing, Patio Home)

7RWDO���&KDQJH

Property Types:

KEY INFORMATION

AllAll Lot Size:All

1.450RQWKO\�&KDQJH

0.067RWDO�&KDQJH

Sq Ft:AllAll Bathrooms:MLS: AllConstruction Type:

Information not guaranteed. © 2014 - 2015 Terradatum and its suppliers and licensors (http://www.terradatum.com/metrics/licensors).

%URNHU0HWULFV� 1 of 2

© 2014 - 2015 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

12/04/14

Page 12: The Woodlands Home Sales Report November/December 2014

BHGRE Gary GreeneMarket DynamicsMonths Supply of Inventory (UC Calculation)

2 Years (Monthly) 11/01/12 - 11/30/14

Period NAR MSI # SoldMSI# For Sale Last

Day of Month# UnderContract

Time

5.2Nov-14 157 1266544.2

4.3Oct-14 182 1657023.9

4.0Sep-14 140 1877525.4

3.3Aug-14 222 2297473.4

2.5Jul-14 202 3037683.8

2.5Jun-14 275 2696782.5

2.4May-14 260 2696582.5

2.5Apr-14 277 2285692.1

2.4Mar-14 260 2065041.9

3.2Feb-14 186 1434592.5

3.5Jan-14 181 1254432.4

2.5Dec-13 120 1724383.6

2.7Nov-13 138 1774833.5

2.9Oct-13 192 1704942.6

2.8Sep-13 165 1925333.2

2.0Aug-13 213 2785542.6

1.8Jul-13 247 3105542.2

1.6Jun-13 273 3215281.9

1.7May-13 341 3065251.5

2.3Apr-13 289 2325261.8

2.3Mar-13 261 2124851.9

2.7Feb-13 223 1694562.0

3.6Jan-13 181 1314682.6

2.6Dec-12 135 1814713.5

3.0Nov-12 164 1825463.3

2

© 2014 - 2015 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

12/04/14Information not guaranteed. © 2014 - 2015 Terradatum and its suppliers and licensors (http://www.terradatum.com/metrics/licensors).

%URNHU0HWULFV� 2 of

Page 13: The Woodlands Home Sales Report November/December 2014

Market Share Totals BHGRE Gary Greene

Sublocations:

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

Bathrooms:Property Types:

AllDate: AllBroker All

107

HAR All11/01/2014 - 12/03/2014 SoldStatus: Construction Type:Type: Bedrooms:MLS:

Information not guaranteed. © 2014 - 2015 Terradatum and its suppliers and licensors (http://www.terradatum.com/metrics/licensors).© 2014 - 2015 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%URNHU0HWULFV� 1 of 12/03/14

Kenneth Brand
Kenneth Brand
The Woodlands, TX