The Woodlands Homes Sales Report - February 2016

TheHomeSalesRealEstateReportTheWoodlands|February,2016Lis@ngInventoryMonthByMonthHomeSalesMonthByMonthAverageSoldPrice/MedianSoldPriceAveragePricePerSquareFootAverageDaysOnMarketMonthsSupplyofForSaleSoldPriceToOriginalListPricePercentage 9000 Forest Crossing Drive | The Woodlands TX 77381 | 281-367-3531

281-367-3531

hch

Typewritten Text

The Hanson Team Joyce & Chris Hanson 281-734-0370

The Woodlands Texas Real Estate ReportListing Inventory - Month-To-Month

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 8092015 591 630 658 731 818 863 912 947 925 917 906 889

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

Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec20162015 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) 01/01/14 - 01/31/16

Market Dynamics BHGRE Gary GreeneSold Average vs. Median Price

Monthly % Total % Change

5.350.44

Monthly Change

754.92Median

Total ChangeAverage 1,901.87 45,644.77 10.49

18,118.110.22

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:

02/03/16BrokerMetrics®Information not guaranteed. © 2016 - 2017 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) 01/01/14 - 01/31/16

Market DynamicsSold Average vs. Median Price

Time Period # Properties Sold Sold Average $ Sold Median $ Sold Avg DOMAverage $ - Median $ Median $ as % of Average $100Jan-16 486,370 60.5294,000 192,370 63158Dec-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 43240Aug-15 436,313 75.6330,000 106,313 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 32228Apr-14 441,674 73.6325,000 116,674 34206Mar-14 437,658 73.6322,000 115,658 38143Feb-14 442,656 73.7326,000 116,656 43125Jan-14 423,536 72.0305,000 118,536 46


2 02/03/162 ofBrokerMetrics®Information not guaranteed. © 2016 - 2017 Terradatum and its suppliers and licensors (http://www.terradatum.com/metrics/licensors).

Market DynamicsAverage $/SQFT (Sold)

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

BHGRE Gary Greene

Price:

0.35

AllAll All

12.14

Property Types:HAR

Sold $/SQFT

MLS: AllBathrooms:

0.51

All Construction Type:

Total Change

Sq Ft:

Monthly Change

2 Years (Monthly)

Sublocations:

All

8.33

Lot Size:Period:

Monthly %

Bedrooms:

KEY INFORMATION

Total % Change

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

02/03/16BrokerMetrics®Information not guaranteed. © 2016 - 2017 Terradatum and its suppliers and licensors (http://www.terradatum.com/metrics/licensors).


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

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

198Jan-16 1,141 3,577720,987 132 464,595 2,905 160 100 201 296486,370 666,598 626,1663,010 162 3,538 188 3,262 178199Dec-15 1,183 3,616719,704 113 544,181 3,090 176 158 225 181507,872 678,296 597,3513,149 161 3,611 188 3,155 189195Nov-15 1,246 3,604704,007 126 410,889 2,859 144 116 118 213399,841 696,028 501,0842,781 144 3,590 194 3,120 161194Oct-15 1,376 3,576693,828 156 510,143 3,044 168 161 187 328466,198 559,696 508,6763,037 154 3,317 169 3,142 162198Sep-15 1,393 3,629720,294 164 439,079 2,895 152 167 181 328446,247 792,810 605,4752,988 149 3,818 208 3,351 181195Aug-15 1,371 3,612705,749 145 460,008 2,983 154 240 161 302436,313 596,938 543,3572,875 152 3,500 171 3,157 172192Jul-15 1,418 3,581687,481 236 441,221 2,920 151 237 113 412523,560 594,982 493,3293,278 160 3,447 173 3,096 159198Jun-15 1,377 3,658725,584 219 521,479 3,119 167 290 152 424553,793 745,578 589,0373,246 171 3,629 205 3,308 178196May-15 1,292 3,652716,920 241 493,391 3,055 161 232 98 395479,580 591,593 535,7293,114 154 3,551 167 3,204 167198Apr-15 1,256 3,706734,061 255 547,136 3,240 169 204 104 450471,664 652,049 631,4493,022 156 3,609 181 3,428 184199Mar-15 1,144 3,703736,201 257 551,355 3,159 175 208 81 390407,694 773,921 632,2502,842 143 3,860 200 3,426 185199Feb-15 1,028 3,677731,011 200 457,470 2,954 155 132 74 298439,452 869,575 567,1113,019 146 3,898 223 3,299 172199Jan-15 988 3,670729,274 153 455,602 3,024 151 127 105 309526,636 650,816 573,9073,167 166 3,488 187 3,300 174198Dec-14 944 3,660723,902 147 531,243 3,155 168 211 118 174445,794 526,144 602,4512,960 151 3,271 161 3,318 182194Nov-14 996 3,612699,260 144 453,484 2,933 155 127 82 217510,416 641,764 546,5673,175 161 3,612 178 3,148 173189Oct-14 1,043 3,565674,264 180 445,566 2,914 153 165 84 246404,115 538,062 506,1672,815 144 3,331 162 3,110 163189Sep-14 1,039 3,558671,647 140 452,221 2,891 156 187 102 258410,118 546,968 490,7422,878 143 3,321 165 3,061 160188Aug-14 1,097 3,544665,357 221 438,692 2,918 150 229 95 312444,543 649,640 473,2992,955 150 3,539 184 3,050 155188Jul-14 1,066 3,521662,454 202 408,753 2,801 146 303 79 376413,571 523,798 476,5092,884 144 3,182 165 3,050 156189Jun-14 1,041 3,545669,660 275 450,989 2,980 151 269 76 370455,421 606,394 502,5303,025 150 3,480 174 3,144 160191May-14 985 3,546676,449 259 446,086 2,930 152 269 55 407468,861 719,752 549,0343,049 153 3,745 192 3,202 171191Apr-14 895 3,584683,532 277 487,094 3,081 158 228 40 383441,674 849,744 523,1402,999 147 4,130 206 3,212 163192Mar-14 830 3,586686,924 260 449,140 3,004 149 206 58 366437,658 723,662 489,7663,025 145 3,737 194 3,080 159200Feb-14 690 3,710741,496 185 515,781 3,108 166 143 41 244442,656 617,564 529,8282,986 148 3,313 186 3,208 164201Jan-14 674 3,721745,526 181 443,788 3,029 147 125 47 234423,536 846,908 631,9442,974 142 3,890 218 3,417 185


2 02/03/162 ofBrokerMetrics®Information not guaranteed. © 2016 - 2017 Terradatum and its suppliers and licensors (http://www.terradatum.com/metrics/licensors).

BHGRE Gary GreeneMarket Dynamics

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

Monthly %1.11

107

Total % Change

Sq Ft:Bathrooms:All All

DOM

Construction Type:

Sublocations:

Period:Property Types:

26.52 80.28Monthly Change

3.34

Lot Size:All

KEY INFORMATION

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

Total Change

AllMLS: Price:2 Years (Monthly)

Information not guaranteed. © 2016 - 2017 Terradatum and its suppliers and licensors (http://www.terradatum.com/metrics/licensors).

BrokerMetrics® 1 of 2


02/03/16

Average DOM for Under Contract PropertiesMarket Dynamics BHGRE Gary Greene

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

Period Avg DOM Avg CDOMContract# UnderTime

64Jan-16 12513276Dec-15 12711355Nov-15 9512661Oct-15 11115652Sep-15 8016441Aug-15 6914540Jul-15 6423647Jun-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 2925930Apr-14 4627730Mar-14 4826043Feb-14 5618544Jan-14 70181

2


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l Page 1 9000 Forest Crossing, The Woodlands, Texas 77381 Office: 281.367.3531 or 800.932.7253 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 – February 3rd, 2015 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.

PRICE RANGE MONTHS SUPPLY OF LISTING INVENTORY

$000,000 – $200,000 . . . . . . . . . . . . 1.4 Months [30 Active Listings] $200,001 – $300,000 . . . . . . . . . . . . 2.6 Months [131 Active Listings]

$300,001 – $400,000 . . . . . . . . . . . . 4.1 Months [51 Active Listings] $400,001 – $500,000 . . . . . . . . . . . . 4.1 Months [94 Active Listings] $500,001 – $600,000 . . . . . . . . . . . . 5.0 Months [90 Active Listings] $600,001 – $700,000 . . . . . . . . . . . . 4.5 Months [58 Active Listings] $700,001 – $800,000 . . . . . . . . . . . . 6.5 Months [50 Active Listings] $800,001 – $900,000 . . . . . . . . . . . . 5.7 Months [32 Active Listings] $900,001 – $1,000,000 . . . . . . . . . . 6.3 Months [20 Active Listings]

$1,000,001 - $1,500,000 . . . . . . . . . 10.6 Months [66 Active Listings] $1,500,001 - $2,000,000 . . . . . . . . 12.0 Months [33 Active Listings]

$2,000,001 - $3,000,000+ . . . . . . . 10.0 Months [20 Active Listings] $3,000,001+. . . . . . . . . . . . . . . . . . 33.0 Months [22 Active Listings] All Price Ranges . . . . . . . . . . . . . . 4.2 Months [797 Active Listings]

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.

Market Share Totals BHGRE Gary Greene

Sublocations:

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

Bathrooms:Property Types:

AllDate: AllCMS All

107

HAR All11/01/2014 - 01/31/2016 Total Sold List + SellStatus: Construction Type:Type: Bedrooms:MLS:

Information not guaranteed. © 2016 - 2017 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

2BrokerMetrics® 1 of 02/01/16

95.3%

94.5% 94.3%

88.0%

- The Woodlands, TX

The Woodlands

Gary Greene Pro Agents Net Their Sellers More Money.

Better Homes And Gardens Real EstateGary Greene - The Woodlands

The Woodlands Homes Sales Report - February 2016

Real Estate

Transcript of The Woodlands Homes Sales Report - February 2016