The Woodlands Homes Sales Report - October/November 2014

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The Home Sales Real Estate Report The Woodlands | November 12 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 % R By Broker 9000 Forest Crossing Drive | The Woodlands TX 77381 | 281-367-3531 281-367-3531

description

The Woodlands TX Home Sales Report Listing Inventory, Contracts Written month by month, Average Days On Market, Average Sold and Median Prices, Months Supply of Inventory.

Transcript of The Woodlands Homes Sales Report - October/November 2014

Page 1: The Woodlands Homes Sales Report - October/November 2014

The$Home$Sales$Real$Estate$Report$$The$Woodlands$|$November$12th,$2014$Lis?ng$Inventory$Month$By$Month$Home$Sales$Month$By$Month$$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$$Sold$Price$To$List$Price$%$R$By$Broker$$

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

281-367-3531

Page 2: The Woodlands Homes Sales Report - October/November 2014

The Woodlands Texas Real Estate Report!Unsold Listing Inventory - Month to Month / 2009 to 2014!

Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec2014 355 366 373 445 497 556 617 682 669 680 6522013 402 377 407 426 421 423 454 465 429 388 392 3862012 685 695 695 699 665 668 660 634 568 528 485 4062011 874 956 1001 1045 1060 990 952 951 875 854 803 7462010 699 776 837 918 928 1001 1084 1107 1058 988 878 8692009 762 819 831 890 931 920 973 933 863 807 783 746

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

350

550

750

950

1150

Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec

355 366 373445 497 556

617682 669 680 652

2014 2013 2012 2011 2010 2009

Page 3: The Woodlands Homes Sales Report - October/November 2014

The Woodlands Texas Real Estate Report!Properties Placed Under Contract - Month to Month / 2009 to 2014!

Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec2014 195 203 277 314 300 297 218 233 155 1972013 182 257 290 327 364 304 270 228 177 212 149 1332012 139 196 275 303 323 265 267 239 173 207 178 1452011 161 145 236 232 265 272 245 212 182 153 122 1252010 111 166 224 269 188 177 194 175 167 167 121 1262009 114 158 172 207 224 224 229 173 169 156 120 109

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

175

250

325

400

Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec

195 203

277314 300 297

218 233

155

197

2014 2013 2012 2011 2010 2009

Page 4: The Woodlands Homes Sales Report - October/November 2014

KEY INFORMATION

2 Years (Monthly) 10/01/12 - 10/31/14

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

0RQWKO\�� 7RWDO���&KDQJH

26.290.74

0RQWKO\�&KDQJH

3,064.44Median

7RWDO�&KDQJHAverage 2,827.20 67,852.80 17.88

73,546.521.10

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:

11/13/14%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

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Page 5: The Woodlands Homes Sales Report - October/November 2014

BHGRE Gary Greene

2 Years (Monthly) 10/01/12 - 10/31/14

Market DynamicsSold Average vs. Median Price

Time Period # Properties Sold Sold Average $ Sold Median $ Sold Avg DOMAverage $ - Median $ Median $ as % of Average $163Oct-14 405,626 83.8340,000 65,626 41186Sep-14 409,748 82.6338,450 71,298 34229Aug-14 444,543 77.2343,000 101,543 35303Jul-14 413,406 83.0343,000 70,406 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 45172Feb-13 353,727 76.6271,000 82,727 54131Jan-13 387,824 78.0302,500 85,324 65181Dec-12 420,754 64.0269,500 151,254 68184Nov-12 329,001 81.8269,230 59,771 51186Oct-12 359,952 76.8276,350 83,602 47

© 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 11/13/142 of%URNHU0HWULFV�Information not guaranteed. © 2014 - 2015 Terradatum and its suppliers and licensors (http://www.terradatum.com/metrics/licensors).

Page 6: The Woodlands Homes Sales Report - October/November 2014

0DUNHW�'\QDPLFVAverage $/SQFT (Sold)

2 Years (Monthly) 10/01/12 - 10/31/14

%+*5(�*DU\�*UHHQH

Price:

0.85

AllAll All

25.73

Property Types:HAR

Sold $/SQFT

MLS: AllBathrooms:

1.07

All Construction Type:

7RWDO�&KDQJH

Sq Ft:

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2 Years (Monthly)

Sublocations:

All

20.47

Lot Size:Period:

0RQWKO\��

Bedrooms:

KEY INFORMATION

7RWDO���&KDQJH

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

11/13/14%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

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Page 7: The Woodlands Homes Sales Report - October/November 2014

Average $/SQFT (Sold)2 Years (Monthly) 10/01/12 - 10/31/14

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

194Oct-14 984 3,558688,304 187 459,781 2,948 156 163 116 247405,626 549,264 514,2662,821 144 3,229 170 3,094 166192Sep-14 997 3,551682,273 143 450,568 2,886 156 186 117 258409,748 560,065 493,0062,877 142 3,341 168 3,051 162190Aug-14 1,076 3,539673,350 222 437,887 2,914 150 229 115 314444,543 645,940 481,2232,955 150 3,543 182 3,042 158190Jul-14 1,051 3,513666,362 202 408,753 2,801 146 303 87 378413,406 509,863 478,0072,884 143 3,156 162 3,046 157190Jun-14 1,034 3,543674,118 275 450,989 2,980 151 270 86 379454,579 620,425 502,0943,021 150 3,517 176 3,132 160192May-14 978 3,545680,592 262 443,301 2,918 152 273 61 409464,795 700,480 549,2603,028 153 3,698 189 3,198 172192Apr-14 890 3,580686,759 279 485,018 3,071 158 229 42 386439,920 831,518 524,9962,991 147 4,061 205 3,200 164192Mar-14 830 3,578686,986 262 446,585 2,992 149 209 64 367433,917 697,285 489,2943,005 145 3,663 190 3,079 159200Feb-14 693 3,694739,191 188 510,968 3,094 165 144 42 245441,023 608,810 529,4342,978 148 3,286 185 3,200 165200Jan-14 680 3,701741,335 184 439,701 3,009 146 128 48 236417,778 846,972 629,2962,945 142 3,917 216 3,402 185196Dec-13 636 3,671717,265 123 413,571 2,941 141 174 69 145417,356 720,545 508,1542,985 139 3,759 192 3,149 161197Nov-13 668 3,669721,678 138 422,997 2,968 141 178 39 169413,108 1,056,635 525,7123,025 137 4,157 254 3,070 171187Oct-13 756 3,610675,139 195 440,743 3,044 145 172 62 218459,044 503,632 505,9353,056 150 3,289 153 3,137 161185Sep-13 766 3,591665,076 167 417,815 2,890 145 193 61 206395,956 648,553 512,3402,929 135 3,641 178 3,156 163180Aug-13 845 3,536636,301 213 431,212 3,007 143 278 72 283411,555 582,224 454,7712,983 138 3,439 169 3,020 151179Jul-13 872 3,572640,162 247 440,715 2,987 148 312 63 337448,792 641,120 501,0383,159 142 3,862 166 3,226 155176Jun-13 863 3,559626,980 274 413,484 3,018 137 321 54 335421,217 711,432 431,5723,078 137 4,011 177 3,090 140176May-13 909 3,567628,125 342 459,202 3,147 146 307 39 380420,169 446,463 449,1153,038 138 3,338 134 3,081 146178Apr-13 867 3,618645,491 290 457,908 3,110 147 234 48 380393,727 553,028 517,9963,023 130 3,393 163 3,279 158175Mar-13 802 3,601631,505 263 410,517 3,030 136 214 52 344378,182 686,518 456,2812,956 128 3,850 178 3,166 144178Feb-13 712 3,650650,025 224 391,498 3,007 130 172 30 242353,727 853,851 490,4832,909 122 4,231 202 3,229 152174Jan-13 719 3,624629,622 185 380,287 2,973 128 131 64 245387,824 597,253 473,2952,981 130 3,717 161 3,248 146177Dec-12 683 3,600637,955 135 449,520 3,044 148 181 74 135420,754 517,532 401,4623,038 138 3,223 161 3,045 132173Nov-12 771 3,523609,094 164 358,522 2,846 126 184 59 186329,001 496,401 411,0252,864 115 3,420 147 3,040 135173Oct-12 860 3,493604,233 190 379,062 2,965 128 186 85 234359,952 640,680 432,8542,954 121 3,397 189 3,033 143

© 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 11/13/142 of%URNHU0HWULFV�Information not guaranteed. © 2014 - 2015 Terradatum and its suppliers and licensors (http://www.terradatum.com/metrics/licensors).

Page 8: The Woodlands Homes Sales Report - October/November 2014

%+*5(�*DU\�*UHHQH0DUNHW�'\QDPLFV

2 Years (Monthly) 10/01/12 - 10/31/14Average DOM for Under Contract Properties

0RQWKO\��-0.60

107

7RWDO���&KDQJH

Sq Ft:Bathrooms:All All

DOM

Construction Type:

Sublocations:

Period:Property Types:

-14.48 -30.730RQWKO\�&KDQJH

-1.28

Lot Size:All

KEY INFORMATION

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

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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

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Page 9: The Woodlands Homes Sales Report - October/November 2014

Average DOM for Under Contract PropertiesMarket Dynamics BHGRE Gary Greene

2 Years (Monthly) 10/01/12 - 10/31/14

Period Avg DOM Avg CDOMContract# UnderTime

46Oct-14 6618744Sep-14 6114339Aug-14 4922234Jul-14 4420232Jun-14 4227525May-14 2926230Apr-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 5026345Feb-13 6722457Jan-13 8618569Dec-12 10013556Nov-12 8016456Oct-12 86190

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© 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

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Page 10: The Woodlands Homes Sales Report - October/November 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 – November 11th, 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 . . . . . . . . . . . . . . . . . . . . 1.0 Month

$200,001 – $300,000 . . . . . . . . . . . . . . . . . . . . 1.8 Months $300,001 – $400,000 . . . . . . . . . . . . . . . . . . . . 2.9 Months $400,001 – $500,000 . . . . . . . . . . . . . . . . . . . . 3.2 Months $500,001 – $600,000 . . . . . . . . . . . . . . . . . . . . 3.6 Months $600,001 – $700,000 . . . . . . . . . . . . . . . . . . . . 4.6 Months $700,001 – $800,000 . . . . . . . . . . . . . . . . . . . . 5.7 Months $800,001 – $900,000 . . . . . . . . . . . . . . . . . . . . 4.7 Months $900,001 – $1,000,000 . . . . . . . . . . . . . . . . . . . 5.6 Months $1,000,001+ . . . . . . . . . . . . . . . . . . . . . . . . . . . 12.0 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 Homes Sales Report - October/November 2014

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

2 Years (Monthly) 10/01/12 - 10/31/14

%+*5(�*DU\�*UHHQH

Sublocations:

41.84

Price:HAR Bedrooms:Period:

0RQWKO\��MSI-UC

2 Years (Monthly)

107

1.74

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

7RWDO���&KDQJH

Property Types:

KEY INFORMATION

AllAll Lot Size:All

0.960RQWKO\�&KDQJH

0.047RWDO�&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

11/13/14

Page 12: The Woodlands Homes Sales Report - October/November 2014

BHGRE Gary GreeneMarket DynamicsMonths Supply of Inventory (UC Calculation)

2 Years (Monthly) 10/01/12 - 10/31/14

Period NAR MSI # SoldMSI# For Sale Last

Day of Month# UnderContract

Time

4.2Oct-14 187 1636813.6

4.0Sep-14 143 1867375.2

3.2Aug-14 222 2297393.3

2.5Jul-14 202 3037623.8

2.5Jun-14 275 2706732.4

2.4May-14 262 2736552.5

2.5Apr-14 279 2295692.0

2.4Mar-14 262 2095041.9

3.2Feb-14 188 1444632.5

3.5Jan-14 184 1284482.4

2.6Dec-13 123 1744443.6

2.8Nov-13 138 1784913.6

2.9Oct-13 195 1724992.6

2.8Sep-13 167 1935383.2

2.0Aug-13 213 2785602.6

1.8Jul-13 247 3125622.3

1.7Jun-13 274 3215352.0

1.7May-13 342 3075281.5

2.3Apr-13 290 2345291.8

2.3Mar-13 263 2144871.9

2.7Feb-13 224 1724582.0

3.6Jan-13 185 1314702.5

2.6Dec-12 135 1814743.5

3.0Nov-12 164 1845483.3

3.1Oct-12 190 1865853.1

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

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Page 13: The Woodlands Homes Sales Report - October/November 2014

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 All06/01/2014 - 10/03/2014 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 10/03/14

Kenneth Brand
Average Sold Price = $556,000Sold Price To List Price % = 97.4%
Kenneth Brand
Kenneth Brand
Kenneth Brand
Take Advantage Of This STRONG Seller’s Market!Don’t Choose The Wrong Broker And Lose.Sell For More, Net More With Gary Greene.Call Today For Details On How WE Help Our Seller’s Sell For Top Dollar.
Kenneth Brand
Kenneth Brand
= The Woodlands
Kenneth Brand
The Woodlands, TX