The Woodlands Homes Sales Report - September 2016

TheHomeSalesRealEstateReportTheWoodlands|September,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 788 809 855 863 875 900 957 913 9012015 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 129 203 191 283 234 212 230 2102015 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) 08/01/14 - 08/31/16

Market Dynamics BHGRE Gary GreeneSold Average vs. Median Price

Monthly % Total % Change

-5.66-0.09

Monthly Change

-839.88Median

Total ChangeAverage -415.48 -9,971.46 -2.16

-20,157.21-0.24

Sublocations:All

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

HAR AllAll AllAllAll Lot Size:Bedrooms:Property Types:

107

2 Years (Monthly) Construction Type:Price:Period:MLS:

09/08/16BrokerMetrics®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

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BHGRE Gary Greene

2 Years (Monthly) 08/01/14 - 08/31/16

Market DynamicsSold Average vs. Median Price

Time Period # Properties Sold Sold Average $ Sold Median $ Sold Avg DOMAverage $ - Median $ Median $ as % of Average $228Aug-16 454,900 72.5330,000 124,900 50210Jul-16 433,427 83.4361,500 71,927 45234Jun-16 443,994 81.7362,500 81,494 54226May-16 486,426 74.0360,000 126,426 53148Apr-16 428,549 78.2335,250 93,299 61174Mar-16 414,500 73.7305,275 109,225 63113Feb-16 402,515 70.8285,000 117,515 62104Jan-16 478,814 60.8291,000 187,814 63159Dec-15 505,979 73.1370,000 135,979 55117Nov-15 398,091 74.1295,000 103,091 57163Oct-15 462,944 75.2348,000 114,944 62171Sep-15 442,019 82.3364,000 78,019 43241Aug-15 435,178 75.8330,000 105,178 41240Jul-15 519,612 78.0405,450 114,162 46291Jun-15 554,075 75.7419,500 134,575 43233May-15 478,273 81.5390,000 88,273 43207Apr-15 467,674 71.6335,000 132,674 45210Mar-15 405,888 82.5335,000 70,888 50133Feb-15 437,539 78.8345,000 92,539 64127Jan-15 526,636 68.4360,000 166,636 55213Dec-14 443,833 80.0355,000 88,833 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 35


2 09/08/162 ofBrokerMetrics®Information not guaranteed. © 2006 - 2016 Terradatum and its suppliers and licensors (http://www.terradatum.com/metrics/licensors).

Market DynamicsAverage $/SQFT (FS, Sold)

Aug-14 through Aug-16

BHGRE Gary Greene

Price:

0.04

AllAll All

-0.072.00

Property Types:HAR

Sold $/SQFTFor Sale $/SQFT

MLS: All

-0.10

Bathrooms:

0.08

All

-1.62-2.48

Construction Type:

Total Change

Sq Ft:

Monthly Change

2 Years (Monthly)

Sublocations:

All

1.03

Lot Size:Period:

Monthly %

Bedrooms:

KEY INFORMATION

Total % Change

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

09/08/16BrokerMetrics®Information not guaranteed. © 2006 - 2016 Terradatum and its suppliers and licensors (http://www.terradatum.com/metrics/licensors).


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Average $/SQFT (FS, Sold)Aug-14 through Aug-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

196Aug-16 1,286 3,583700,850 172 496,474 3,073 162 228 186 345454,900 637,199 560,0653,028 150 3,402 188 3,156 178192Jul-16 1,334 3,605691,760 212 468,123 3,085 152 210 181 370433,427 638,097 541,8272,966 146 3,516 181 3,202 169191Jun-16 1,343 3,626693,891 203 438,070 2,912 150 234 176 394443,994 685,428 604,0483,036 146 3,719 184 3,357 180191May-16 1,308 3,645695,027 203 476,781 3,070 155 226 156 385486,426 759,029 526,9243,159 154 3,830 198 3,255 162194Apr-16 1,326 3,666710,323 257 485,017 3,073 158 148 146 426428,549 760,336 563,1032,899 148 3,821 199 3,284 171195Mar-16 1,208 3,682718,896 180 445,090 2,894 154 174 128 361414,500 674,248 575,7322,847 146 3,624 186 3,355 172198Feb-16 1,159 3,660725,032 175 491,386 2,926 168 113 137 340402,515 684,173 606,9492,753 146 3,599 191 3,409 179198Jan-16 1,126 3,626717,684 121 461,870 2,914 158 104 186 273478,814 635,895 585,1312,984 160 3,483 183 3,303 177198Dec-15 1,181 3,631719,205 110 539,967 3,055 177 159 218 181505,979 649,600 600,2483,141 161 3,534 184 3,176 189194Nov-15 1,239 3,608699,607 128 407,705 2,841 143 117 111 207398,091 665,693 499,7772,775 143 3,543 188 3,127 160193Oct-15 1,375 3,575688,705 157 508,167 3,037 167 163 186 326462,944 558,209 503,8813,020 153 3,312 169 3,140 160197Sep-15 1,395 3,624714,758 167 434,757 2,871 151 171 179 322442,019 792,064 606,9492,967 149 3,825 207 3,362 181194Aug-15 1,374 3,602699,539 148 456,776 2,969 154 241 153 306435,178 600,739 540,9972,869 152 3,503 172 3,152 172191Jul-15 1,416 3,570681,361 236 441,114 2,918 151 240 112 413519,612 581,098 490,3693,258 159 3,414 170 3,093 159197Jun-15 1,374 3,644719,272 221 518,769 3,107 167 291 150 421554,075 742,312 586,6323,248 171 3,618 205 3,305 177195May-15 1,295 3,633710,001 243 492,797 3,052 161 233 99 402478,273 589,837 530,8853,107 154 3,502 168 3,187 167197Apr-15 1,254 3,690728,670 257 544,376 3,228 169 207 104 451467,674 652,049 629,2403,000 156 3,609 181 3,418 184198Mar-15 1,141 3,688730,955 258 550,013 3,153 174 210 80 392405,888 776,888 627,6432,832 143 3,863 201 3,413 184198Feb-15 1,026 3,660725,592 203 453,817 2,935 155 133 74 299437,539 869,575 564,1133,009 145 3,898 223 3,287 172198Jan-15 985 3,655724,589 154 453,844 3,015 151 127 104 308526,636 654,238 572,2843,167 166 3,502 187 3,295 174197Dec-14 944 3,643718,273 148 529,072 3,145 168 213 119 175443,833 523,446 600,4992,951 150 3,261 161 3,310 181193Nov-14 996 3,596693,933 145 452,211 2,928 154 127 82 217510,416 641,764 543,0423,175 161 3,612 178 3,136 173189Oct-14 1,043 3,552669,910 180 445,566 2,914 153 165 84 248404,115 538,062 503,1702,815 144 3,331 162 3,097 162188Sep-14 1,037 3,549668,305 140 452,221 2,891 156 187 102 257410,118 546,968 489,0602,878 143 3,321 165 3,058 160187Aug-14 1,097 3,534661,969 221 438,692 2,918 150 229 96 313444,543 644,643 472,0102,955 150 3,519 183 3,046 155


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BHGRE Gary GreeneMarket Dynamics

Aug-14 through Aug-16Average DOM for Under Contract Properties

Monthly %0.45

107

Total % Change

Sq Ft:Bathrooms:All All

DOM

Construction Type:

Sublocations:

Period:Property Types:

10.75 23.16Monthly Change

0.97

Lot Size:All

KEY INFORMATION

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

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09/08/16

Average DOM for Under Contract PropertiesMarket Dynamics BHGRE Gary Greene


Period Avg DOM Avg CDOMContract# UnderTime

53Aug-16 9917252Jul-16 10021254Jun-16 8420350May-16 8320357Apr-16 9525750Mar-16 10618064Feb-16 10917565Jan-16 12512171Dec-15 11911055Nov-15 9612861Oct-15 11115753Sep-15 8016741Aug-15 6914840Jul-15 6423647Jun-15 6922141May-15 6224341Apr-15 5825750Mar-15 6625849Feb-15 9020358Jan-15 8315468Dec-14 9514849Nov-14 7314545Oct-14 6418043Sep-14 6114039Aug-14 49221

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09/08/16Information not guaranteed. © 2006 - 2016 Terradatum and its suppliers and licensors (http://www.terradatum.com/metrics/licensors).

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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 – September 8th, 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 is considered a seller’s market. Here’s your break down by price. Months Supply September August Listings Price Range Of Listing Inventory Active Listings Under Contract $000,000 – $200,000 1.7 Months 30 20 $200,001 – $300,000 3.3 Months 159 53 $300,001 – $400,000 4.0 Months 153 48 $400,001 – $500,000 5.6 Months 115 26 $500,001 – $600,000 7.1 Months 106 23 $600,001 – $700,000 8.4 Months 79 14 $700,001 – $800,000 9.2 Months 50 12 $800,001 – $900,000 9.5 Months 42 2 $900,001 – $1,000,000 9.5 Months 27 7 $1,000,001 - $1,500,000 13.5 Months 54 5 $1,500,001 - $2,000,000 22.9 Months 42 3 $2,000,001 - $3,000,000 10.0 Months 17 2 $3,000,001+ 67.2 Months 26 0 All Price Ranges 5.3 Months 901 210 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 (Sold Calculation)Market Dynamics


BHGRE Gary Greene

Sublocations:

26.76

Price:HAR Bedrooms:Period:

Monthly %MSI-Sold

2 Years (Monthly)

107

1.11

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

Total % Change

Property Types:

KEY INFORMATION

AllAll Lot Size:All

1.20Monthly Change

0.05Total 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).

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09/08/16

BHGRE Gary GreeneMarket DynamicsMonths Supply of Inventory (Sold Calculation)


Period NAR MSI # SoldMSI# For Sale Last

Day of Month# UnderContract

Time

4.1Aug-16 172 2289285.4

4.5Jul-16 212 2109414.4

4.1Jun-16 203 2349644.7

4.2May-16 203 2269494.7

6.2Apr-16 257 1489233.6

5.2Mar-16 180 1749005.0

7.5Feb-16 175 1138474.8

7.9Jan-16 121 1048196.8

5.4Dec-15 110 1598537.8

8.5Nov-15 128 1171,0007.8

6.3Oct-15 157 1631,0326.6

6.1Sep-15 167 1711,0496.3

4.5Aug-15 148 2411,0737.2

4.5Jul-15 236 2401,0684.5

3.4Jun-15 221 2911,0034.5

4.1May-15 243 2339533.9

4.3Apr-15 257 2078933.5

3.8Mar-15 258 2108033.1

5.6Feb-15 203 1337493.7

5.7Jan-15 154 1277274.7

3.2Dec-14 148 2136774.6

6.1Nov-14 145 1277695.3

4.7Oct-14 180 1657794.3

4.3Sep-14 140 1877955.7

3.4Aug-14 221 2297803.5

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The Woodlands Homes Sales Report - September 2016

Real Estate

Transcript of The Woodlands Homes Sales Report - September 2016