The woodlands may home sales report 2016

TheHomeSalesRealEstateReportTheWoodlands|May,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 8752015 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 2832015 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) 04/01/14 - 04/30/16

Market Dynamics BHGRE Gary GreeneSold Average vs. Median Price

Monthly % Total % Change

-7.89-0.00

Monthly Change

-1,181.05Median

Total ChangeAverage -18.40 -441.67 -0.10

-28,345.11-0.33

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:

05/03/16BrokerMetrics®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) 04/01/14 - 04/30/16

Market DynamicsSold Average vs. Median Price

Time Period # Properties Sold Sold Average $ Sold Median $ Sold Avg DOMAverage $ - Median $ Median $ as % of Average $136Apr-16 421,017 78.6331,000 90,017 54174Mar-16 414,500 73.7305,275 109,225 63111Feb-16 404,762 70.4285,000 119,762 61104Jan-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 41241Jul-15 518,493 78.1405,000 113,493 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 55214Dec-14 442,647 80.2354,966 87,681 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 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 34


2 05/03/162 ofBrokerMetrics®Information not guaranteed. © 2006 - 2016 Terradatum and its suppliers and licensors (http://www.terradatum.com/metrics/licensors).

Market DynamicsAverage $/SQFT (Sold)

2 Years (Monthly) 04/01/14 - 04/30/16

BHGRE Gary Greene

Price:

0.08

AllAll All

2.71

Property Types:HAR

Sold $/SQFT

MLS: AllBathrooms:

0.11

All Construction Type:

Total Change

Sq Ft:

Monthly Change

2 Years (Monthly)

Sublocations:

All

1.80

Lot Size:Period:

Monthly %

Bedrooms:

KEY INFORMATION

Total % Change

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

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Average $/SQFT (Sold)2 Years (Monthly) 04/01/14 - 04/30/16

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

198Apr-16 1,307 3,668725,160 278 492,368 3,109 158 136 152 426421,017 712,918 576,6882,878 146 3,739 191 3,288 175198Mar-16 1,195 3,680728,335 183 438,384 2,887 152 174 131 358414,500 671,921 581,7322,847 146 3,630 185 3,345 174200Feb-16 1,155 3,656731,170 177 493,315 2,934 168 111 141 339404,762 674,353 614,8732,763 146 3,572 190 3,411 181200Jan-16 1,124 3,624723,684 121 461,870 2,914 158 104 187 274478,814 649,602 589,1692,984 160 3,503 185 3,302 178200Dec-15 1,178 3,630724,107 109 542,674 3,062 177 159 219 181505,979 647,753 605,8033,141 161 3,529 184 3,169 191195Nov-15 1,237 3,606702,988 128 407,705 2,841 143 117 112 206398,091 661,266 503,3302,775 143 3,525 188 3,128 161193Oct-15 1,374 3,573691,062 157 508,167 3,037 167 163 186 327462,944 558,209 504,3323,020 153 3,312 169 3,135 161198Sep-15 1,393 3,624717,147 167 434,757 2,871 151 171 179 323442,019 792,064 607,2942,967 149 3,825 207 3,360 181195Aug-15 1,373 3,601701,312 148 456,776 2,969 154 241 155 306435,178 596,568 542,6032,869 152 3,492 171 3,152 172191Jul-15 1,415 3,569682,721 236 441,114 2,918 151 241 112 413518,493 581,098 490,6653,252 159 3,414 170 3,093 159198Jun-15 1,374 3,642720,270 222 517,558 3,101 167 291 150 423554,075 742,312 585,0163,248 171 3,618 205 3,299 177196May-15 1,294 3,633711,235 243 492,797 3,052 161 233 100 402478,273 584,001 530,8853,107 154 3,516 166 3,187 167198Apr-15 1,253 3,691729,960 257 544,376 3,228 169 207 104 451467,674 652,049 630,3453,000 156 3,609 181 3,418 184198Mar-15 1,141 3,689731,669 258 550,013 3,153 174 210 81 392405,888 772,544 628,1532,832 143 3,848 201 3,413 184198Feb-15 1,026 3,660726,190 203 453,817 2,935 155 133 74 299437,539 869,575 564,1103,009 145 3,898 223 3,287 172198Jan-15 986 3,654724,777 154 453,844 3,015 151 127 105 308526,636 650,816 572,2843,167 166 3,488 187 3,295 174197Dec-14 946 3,640717,939 149 526,937 3,138 168 214 119 175442,647 523,446 600,4992,947 150 3,261 161 3,310 181193Nov-14 998 3,592693,666 145 452,211 2,928 154 127 82 217510,416 641,764 543,3183,175 161 3,612 178 3,136 173189Oct-14 1,045 3,549669,643 180 445,566 2,914 153 165 84 248404,115 538,062 503,1702,815 144 3,331 162 3,097 162189Sep-14 1,039 3,546668,039 140 452,221 2,891 156 187 102 257410,118 546,968 489,0602,878 143 3,321 165 3,058 160187Aug-14 1,099 3,532661,730 221 438,692 2,918 150 229 96 313444,543 644,643 472,0102,955 150 3,519 183 3,046 155188Jul-14 1,067 3,509659,278 202 408,753 2,801 146 303 79 376413,571 523,798 473,7432,884 144 3,182 165 3,042 156189Jun-14 1,042 3,536667,400 275 450,989 2,980 151 270 76 371454,579 606,394 499,7363,021 150 3,480 174 3,132 160191May-14 987 3,538674,358 261 444,352 2,921 152 273 55 408464,795 719,752 548,2893,028 153 3,745 192 3,199 171191Apr-14 899 3,572680,621 279 485,018 3,071 158 229 41 386439,920 845,579 520,6022,991 147 4,105 206 3,200 163


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BHGRE Gary GreeneMarket Dynamics

2 Years (Monthly) 04/01/14 - 04/30/16Average DOM for Under Contract Properties

Monthly %1.16

107

Total % Change

Sq Ft:Bathrooms:All All

DOM

Construction Type:

Sublocations:

Period:Property Types:

27.83 80.65Monthly Change

3.36

Lot Size:All

KEY INFORMATION

Single-Family: (Free Standing, Manufactured, Patio Home, Duplex, Historic) 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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Average DOM for Under Contract PropertiesMarket Dynamics BHGRE Gary Greene

2 Years (Monthly) 04/01/14 - 04/30/16

Period Avg DOM Avg CDOMContract# UnderTime

58Apr-16 9927850Mar-16 10518365Feb-16 11117765Jan-16 12512172Dec-15 11810955Nov-15 9612861Oct-15 11115753Sep-15 8016741Aug-15 6914840Jul-15 6423647Jun-15 6922241May-15 6224341Apr-15 5825750Mar-15 6625849Feb-15 9020358Jan-15 8315468Dec-14 9514949Nov-14 7314545Oct-14 6418043Sep-14 6114039Aug-14 4922134Jul-14 4420232Jun-14 4227525May-14 2926130Apr-14 46279

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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 – May 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. May Months Supply May April Listing Price Range May Listing Inventory Active Listings Under Contract $000,000 – $200,000 0.8 Months 16 18 $200,001 – $300,000 2.1 Months 98 63 $300,001 – $400,000 5.2 Months 180 65 $400,001 – $500,000 5.4 Months 112 42 $500,001 – $600,000 6.9 Months 109 26 $600,001 – $700,000 6.5 Months 73 28 $700,001 – $800,000 8.9 Months 59 7 $800,001 – $900,000 7.9 Months 40 10 $900,001 – $1,000,000 7.8 Months 26 3 $1,000,001 - $1,500,000 12.9 Months 72 8 $1,500,001 - $2,000,000 15.7 Months 38 4 $2,000,001 - $3,000,000 10.3 Months 24 3 $3,000,001+ 46.3 Months 27 0 All Price Ranges 4.9 Months 874 283 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) 04/01/14 - 04/30/16

BHGRE Gary Greene

Sublocations:

95.96

Price:HAR Bedrooms:Period:

Monthly %MSI-UC

2 Years (Monthly)

107

4.00

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

Total % Change

Property Types:

KEY INFORMATION

AllAll Lot Size:All

3.05Monthly Change

0.13Total 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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BHGRE Gary GreeneMarket DynamicsMonths Supply of Inventory (UC Calculation)

2 Years (Monthly) 04/01/14 - 04/30/16

Period NAR MSI # SoldMSI# For Sale Last

Day of Month# UnderContract

Time

6.4Apr-16 278 1368773.2

5.1Mar-16 183 1748814.8

7.5Feb-16 177 1118374.7

7.8Jan-16 121 1048166.7

5.3Dec-15 109 1598507.8

8.5Nov-15 128 1179977.8

6.3Oct-15 157 1631,0316.6

6.1Sep-15 167 1711,0476.3

4.4Aug-15 148 2411,0707.2

4.4Jul-15 236 2411,0674.5

3.4Jun-15 222 2911,0024.5

4.1May-15 243 2339513.9

4.3Apr-15 257 2078923.5

3.8Mar-15 258 2108023.1

5.6Feb-15 203 1337493.7

5.7Jan-15 154 1277274.7

3.2Dec-14 149 2146784.6

6.1Nov-14 145 1277715.3

4.7Oct-14 180 1657814.3

4.3Sep-14 140 1877975.7

3.4Aug-14 221 2297823.5

2.6Jul-14 202 3037863.9

2.6Jun-14 275 2706912.5

2.5May-14 261 2736712.6

2.5Apr-14 279 2295792.1

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The woodlands may home sales report 2016

Real Estate

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