The Woodlands Real Estate Home Sales Report | May 2014

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

Transcript of The Woodlands Real Estate Home Sales Report | May 2014

Page 1: The Woodlands Real Estate Home Sales Report | May 2014

The$Home$Sales$Real$Estate$Report$

$The$Woodlands$|$May$2014$

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$%$O$By$Broker$

$

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

281-367-3531

Page 2: The Woodlands Real Estate Home Sales Report | May 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 4972013 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

2014 2013 2012 2011 2010 2009

Page 3: The Woodlands Real Estate Home Sales Report | May 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 3142013 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

2014 2013 2012 2011 2010 2009

Page 4: The Woodlands Real Estate Home Sales Report | May 2014

KEY INFORMATION

2 Years (Monthly) 04/01/12 - 04/30/14

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

0RQWKO\�� 7RWDO���&KDQJH

19.961.10

0RQWKO\�&KDQJH

2,276.17Median

7RWDO�&KDQJHAverage 3,848.34 92,360.09 26.37

54,628.180.83

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:

05/04/14%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

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Page 5: The Woodlands Real Estate Home Sales Report | May 2014

BHGRE Gary Greene

2 Years (Monthly) 04/01/12 - 04/30/14

Market DynamicsSold Average vs. Median Price

Time Period # Properties Sold Sold Average $ Sold Median $ Sold Avg DOMAverage $ - Median $ Median $ as % of Average $218Apr-14 441,493 72.7321,000 120,493 33208Mar-14 434,563 73.4319,125 115,438 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 47220Sep-12 320,877 81.0260,000 60,877 47259Aug-12 348,340 77.4269,500 78,840 53239Jul-12 384,803 80.7310,500 74,303 56305Jun-12 384,889 78.2301,000 83,889 48276May-12 368,856 80.1295,475 73,381 63212Apr-12 359,766 73.7265,182 94,584 68

© 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 05/04/142 of%URNHU0HWULFV�Information not guaranteed. © 2014 - 2015 Terradatum and its suppliers and licensors (http://www.terradatum.com/metrics/licensors).

Page 6: The Woodlands Real Estate Home Sales Report | May 2014

0DUNHW�'\QDPLFVAverage $/SQFT (Sold)

2 Years (Monthly) 04/01/12 - 04/30/14

%+*5(�*DU\�*UHHQH

Price:

1.11

AllAll All

31.00

Property Types:HAR

Sold $/SQFT

MLS: AllBathrooms:

1.29

All Construction Type:

7RWDO�&KDQJH

Sq Ft:

0RQWKO\�&KDQJH

2 Years (Monthly)

Sublocations:

All

26.57

Lot Size:Period:

0RQWKO\��

Bedrooms:

KEY INFORMATION

7RWDO���&KDQJH

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

05/04/14%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

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Page 7: The Woodlands Real Estate Home Sales Report | May 2014

Average $/SQFT (Sold)2 Years (Monthly) 04/01/12 - 04/30/14

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

195Apr-14 858 3,592699,243 309 483,372 3,082 157 218 56 385441,493 710,583 535,0932,993 148 3,775 188 3,217 166194Mar-14 806 3,583695,201 264 448,561 2,999 149 208 69 367434,563 695,257 491,6493,005 145 3,658 190 3,079 160202Feb-14 678 3,693745,731 189 510,142 3,089 165 144 50 244441,023 585,830 533,3052,978 148 3,245 181 3,200 166202Jan-14 670 3,701745,658 185 440,026 3,014 146 128 51 236417,778 837,400 633,5912,945 142 3,914 214 3,405 186196Dec-13 629 3,668717,839 124 411,607 2,945 140 174 71 145417,356 710,107 509,3772,985 139 3,742 190 3,149 162197Nov-13 663 3,660720,419 138 422,997 2,968 141 178 41 169413,108 1,014,723 525,4223,025 137 4,042 251 3,069 171187Oct-13 752 3,606674,883 195 440,743 3,044 145 172 63 218459,044 519,447 506,5733,056 150 3,347 155 3,136 162185Sep-13 764 3,590665,918 167 417,815 2,890 145 193 63 206395,956 665,199 512,6672,929 135 3,682 181 3,156 163180Aug-13 844 3,535636,511 213 431,212 3,007 143 278 73 283411,555 578,290 455,9292,983 138 3,431 169 3,020 151179Jul-13 871 3,570639,994 247 440,715 2,987 148 312 63 337448,792 641,120 501,2103,159 142 3,862 166 3,226 155176Jun-13 862 3,558626,727 274 413,484 3,018 137 321 54 335421,217 711,432 431,1693,078 137 4,011 177 3,090 140176May-13 908 3,566628,035 342 459,202 3,147 146 307 39 380420,169 446,463 449,0813,038 138 3,338 134 3,081 146178Apr-13 866 3,617645,432 290 457,908 3,110 147 234 48 380393,727 553,028 517,9963,023 130 3,393 163 3,279 158175Mar-13 800 3,602632,028 263 410,517 3,030 136 214 51 344378,182 697,077 456,2812,956 128 3,892 179 3,166 144178Feb-13 710 3,651650,666 224 391,498 3,007 130 172 30 242353,727 853,851 490,4832,909 122 4,231 202 3,229 152174Jan-13 717 3,626630,200 185 380,287 2,973 128 131 64 245387,824 597,253 475,3112,981 130 3,717 161 3,248 147177Dec-12 681 3,601637,863 135 449,520 3,044 148 181 74 135420,754 517,532 401,4623,038 138 3,223 161 3,045 132173Nov-12 769 3,524608,937 164 358,522 2,846 126 184 59 186329,001 496,401 411,0252,864 115 3,420 147 3,040 135173Oct-12 859 3,492603,550 190 379,062 2,965 128 186 86 234359,952 634,951 432,8542,954 121 3,378 188 3,033 143171Sep-12 868 3,485594,982 165 364,915 2,881 127 220 78 187320,877 500,917 429,8502,825 114 3,349 150 3,051 141164Aug-12 1,007 3,430564,362 234 362,192 2,930 123 259 92 296348,340 516,278 393,7882,927 119 3,416 151 2,993 131161Jul-12 1,040 3,439555,119 244 349,618 2,952 118 239 85 317384,803 473,710 419,4053,138 123 3,395 140 3,133 134163Jun-12 1,065 3,437559,140 240 392,849 3,013 130 305 102 334384,889 557,136 447,0903,110 124 3,469 161 3,171 141157May-12 1,114 3,412536,557 289 378,257 3,065 123 276 94 356368,856 449,500 386,1563,072 120 3,341 135 3,075 126159Apr-12 1,120 3,440545,702 280 407,276 3,155 129 212 82 371359,766 449,947 425,0612,983 121 3,199 141 3,140 135

© 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 05/04/142 of%URNHU0HWULFV�Information not guaranteed. © 2014 - 2015 Terradatum and its suppliers and licensors (http://www.terradatum.com/metrics/licensors).

Page 8: The Woodlands Real Estate Home Sales Report | May 2014

%+*5(�*DU\�*UHHQH0DUNHW�'\QDPLFV

2 Years (Monthly) 04/01/12 - 04/30/14Average DOM for Under Contract Properties

0RQWKO\��-0.94

107

7RWDO���&KDQJH

Sq Ft:Bathrooms:All All

DOM

Construction Type:

Sublocations:

Period:Property Types:

-22.45 -40.830RQWKO\�&KDQJH

-1.70

Lot Size:All

KEY INFORMATION

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

05/04/14

Page 9: The Woodlands Real Estate Home Sales Report | May 2014

Average DOM for Under Contract PropertiesMarket Dynamics BHGRE Gary Greene

2 Years (Monthly) 04/01/12 - 04/30/14

Period Avg DOM Avg CDOMContract# UnderTime

32Apr-14 4730931Mar-14 4826443Feb-14 6218946Jan-14 7118549Dec-13 6212437Nov-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 8619044Sep-12 7116550Aug-12 6823449Jul-12 7024458Jun-12 9124055May-12 9228954Apr-12 82280

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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

05/04/14Information not guaranteed. © 2014 - 2015 Terradatum and its suppliers and licensors (http://www.terradatum.com/metrics/licensors).

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Page 10: The Woodlands Real Estate Home Sales Report | May 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 – May 2nd, 2014

Q. Is it a Seller’s Market? A. Under $1,000,000 = YES. 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 we are locked into a Hercules strong seller’s market. Here’s a break down by price.

PRICE RANGE. . . . . . . . . . . . . . . MONTHS SUPPLY OF LISTING INVENTORY

$000,000 – $200,000 . . . . . . . . . . . . . . . . . . . . 1 Month $200,001 – $300,000 . . . . . . . . . . . . . . . . . . . . 1 Month

$300,001 – $400,000 . . . . . . . . . . . . . . . . . . . . 1.7 Months $400,001 – $500,000 . . . . . . . . . . . . . . . . . . . . 2.9 Months $500,001 – $600,000 . . . . . . . . . . . . . . . . . . . . 2.2 Months $600,001 – $700,000 . . . . . . . . . . . . . . . . . . . . 3.5 Months $700,001 – $800,000 . . . . . . . . . . . . . . . . . . . . 4.6 Months $800,001 – $900,000 . . . . . . . . . . . . . . . . . . . . 5.8 Months $900,001 – $1,000,000 . . . . . . . . . . . . . . . . . . . 4.4 Months $1,000,001+ . . . . . . . . . . . . . . . . . . . . . . . . . . . 8.1 Months All Price Ranges . . . . . . . . . . . . . . . . . . . . . . . 2.3 Months

What does this mean? For buyers: When you find something you love, don’t hesitate to submit an offer. If you snooze you lose out. For sellers: If you were thinking of selling, due to lack of inventory and an abundance of qualified buyers, now is a safe and opportune time to sell. 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 Real Estate Home Sales Report | May 2014

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

2 Years (Monthly) 04/01/12 - 04/30/14

%+*5(�*DU\�*UHHQH

ZIP Codes:

-48.98

Price:HAR Bedrooms:Period:

0RQWKO\��MSI-UC

2 Years (Monthly)

77354

-2.04

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

7RWDO���&KDQJH

Property Types:

KEY INFORMATION

AllAll Lot Size:All

-3.040RQWKO\�&KDQJH

-0.137RWDO�&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

05/04/14

Page 12: The Woodlands Real Estate Home Sales Report | May 2014

BHGRE Gary GreeneMarket DynamicsMonths Supply of Inventory (UC Calculation)

2 Years (Monthly) 04/01/12 - 04/30/14

Period NAR MSI # SoldMSI# For Sale Last

Day of Month# UnderContract

Time

2.6Apr-14 66 481231.9

2.4Mar-14 60 551332.2

4.0Feb-14 58 341372.4

4.1Jan-14 39 381564.0

3.7Dec-13 40 471744.3

8.4Nov-13 31 252096.7

4.1Oct-13 40 502055.1

4.4Sep-13 38 512235.9

3.2Aug-13 47 672144.6

2.9Jul-13 75 752152.9

3.3Jun-13 67 632113.1

3.9May-13 63 582283.6

4.2Apr-13 59 512153.6

3.8Mar-13 60 532043.4

5.9Feb-13 44 331954.4

5.9Jan-13 43 362124.9

5.4Dec-12 40 412215.5

6.6Nov-12 34 382527.4

6.7Oct-12 39 392616.7

5.7Sep-12 39 462626.7

5.3Aug-12 56 562955.3

5.2Jul-12 57 572965.2

5.6Jun-12 41 553087.5

4.9May-12 59 602935.0

7.8Apr-12 56 352734.9

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

05/04/14Information not guaranteed. © 2014 - 2015 Terradatum and its suppliers and licensors (http://www.terradatum.com/metrics/licensors).

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Page 13: The Woodlands Real Estate Home Sales Report | May 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 All03/01/2013 - 02/28/2014 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 03/03/14

Kenneth Brand
Kenneth Brand
Enjoy a faster sale, less hassle, the most favorable terms and Top Dollar. Choose a Pro Agent at Better Homes And Gardens Real Estate Gary Greene9000 Forest Crossing Drive, The Woodlands, TX
Kenneth Brand
281-367-3531
Kenneth Brand
493K = Average Sold PriceS/O = Sold Price To Original List Price %DOM 33 = Average Days On Market
Kenneth Brand
Kenneth Brand