The Woodlands Real Estate Homes Sales Reports | March 2013

The$Home$Sales$Real$Estate$Sales$Report$$The$Woodlands|$March$2013$Lis=ng$Inventory$Month$By$Month$Home$Sales$Month$By$Month$$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$Percentage$–$By$Broker$

Woodforest Plaza | 6875 FM 1488, Suite 800 | Magnolia TX 77354 | 281-367-3531

281-367-3531

Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec20132012201120102009

402 377685 695 695 699 665 668 660 634 568 528 485 406874 956 1001 1045 1060 990 952 951 875 854 803 746699 776 837 918 928 1001 1084 1107 1058 988 878 869762 819 831 890 931 920 973 933 863 807 783 746

350

550

750

950

1150

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

402 377

2013 2012 2011 2010 2009

The Woodlands Texas Real Estate ReportUnsold Listing Inventory - Month to Month / 2009 to 2013

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

Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec20132012201120102009

182 257139 196 275 303 323 265 267 239 173 207 178 145161 145 236 232 265 272 245 212 182 153 122 125111 166 224 269 188 177 194 175 167 167 121 126114 158 172 207 224 224 229 173 169 156 120 109

175

250

325

400

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

182

257

2013 2012 2011 2010 2009

The Woodlands Texas Real Estate ReportProperties Placed Under Contract - Month to Month / 2009 to 2013

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

KEY INFORMATION

2 Years (Monthly) 02/01/11 - 02/28/13

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

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4.030.11

0RQWKO\�&KDQJH

452.77Median

7RWDO�&KDQJHAverage 403.05 9,673.18 2.71

10,866.380.17

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:

03/03/13%URNHU0HWULFV�Information not guaranteed. © 2013 - 2014 Terradatum and its suppliers and licensors (http://www.terradatum.com/metrics/licensors).

© 2013 - 2014 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) 02/01/11 - 02/28/13

Market DynamicsSold Average vs. Median Price

Time Period # Properties Sold Sold Average $ Sold Median $ Sold Avg DOMAverage $ - Median $ Median $ as % of Average $146Feb-13 347,224 77.0267,350 79,874 51131Jan-13 387,824 78.0302,500 85,324 65180Dec-12 421,531 63.9269,250 152,281 68182Nov-12 329,625 81.7269,230 60,395 52185Oct-12 361,076 76.9277,700 83,376 47220Sep-12 320,877 81.0260,000 60,877 47258Aug-12 349,057 77.2269,600 79,457 53239Jul-12 384,803 80.7310,500 74,303 56304Jun-12 385,135 78.0300,500 84,635 48275May-12 369,610 80.1295,950 73,660 63211Apr-12 360,656 73.6265,375 95,281 68190Mar-12 366,555 79.4291,000 75,555 65112Feb-12 341,316 83.2283,850 57,466 7697Jan-12 428,281 60.2258,000 170,281 78

153Dec-11 374,040 78.5293,770 80,270 80131Nov-11 326,620 77.5253,000 73,620 80155Oct-11 304,773 75.1229,000 75,773 72179Sep-11 377,317 66.0249,000 128,317 65273Aug-11 393,468 69.1272,000 121,468 77248Jul-11 313,247 83.5261,511 51,736 74242Jun-11 356,598 79.8284,500 72,098 69217May-11 370,895 80.6299,000 71,895 71179Apr-11 324,962 80.6262,000 62,962 77164Mar-11 402,373 66.5267,500 134,873 85114Feb-11 358,029 79.7285,495 72,534 102


2 03/03/132 of%URNHU0HWULFV�Information not guaranteed. © 2013 - 2014 Terradatum and its suppliers and licensors (http://www.terradatum.com/metrics/licensors).

0DUNHW�'\QDPLFVAverage $/SQFT (Sold)

2 Years (Monthly) 02/01/11 - 02/28/13

%+*5(�*DU\�*UHHQH

Price:

0.26

AllAll All

7.26

Property Types:HAR

Sold $/SQFT

MLS: AllBathrooms:

0.30

All Construction Type:

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Sq Ft:

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2 Years (Monthly)

Sublocations:

All

6.21

Lot Size:Period:

0RQWKO\��

Bedrooms:

KEY INFORMATION

7RWDO��&KDQJH

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

03/03/13%URNHU0HWULFV�Information not guaranteed. © 2013 - 2014 Terradatum and its suppliers and licensors (http://www.terradatum.com/metrics/licensors).


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Average $/SQFT (Sold)2 Years (Monthly) 02/01/11 - 02/28/13

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

179Feb-13 668 3,643655,044 256 394,624 3,019 131 146 40 240347,224 781,675 491,9782,857 122 4,094 191 3,229 152175Jan-13 685 3,647640,880 186 391,369 3,021 130 131 71 241387,824 657,934 482,6452,981 130 3,902 169 3,259 148177Dec-12 656 3,615644,587 135 449,520 3,044 148 180 77 133421,531 512,713 401,3593,041 139 3,226 159 2,998 128173Nov-12 753 3,536610,687 164 358,522 2,846 126 182 66 185329,625 478,506 412,3932,868 115 3,381 143 3,048 135173Oct-12 840 3,505606,044 188 379,984 2,971 128 185 84 234361,076 643,871 427,1822,962 121 3,411 189 3,031 141171Sep-12 849 3,500598,498 166 364,029 2,876 127 220 77 184320,877 501,038 433,6642,825 114 3,382 148 3,064 142164Aug-12 1,006 3,430562,959 233 363,086 2,936 123 258 108 294349,057 494,510 395,5292,932 119 3,322 149 3,001 132161Jul-12 1,056 3,435552,501 244 349,618 2,952 118 239 100 317384,803 480,826 419,4213,138 123 3,386 142 3,137 134162Jun-12 1,093 3,435556,748 239 393,790 3,019 130 304 115 331385,135 555,877 445,6323,110 124 3,479 160 3,171 141157May-12 1,149 3,406533,406 288 378,998 3,070 123 275 99 356369,610 431,421 386,5033,077 120 3,275 132 3,075 126158Apr-12 1,151 3,436544,525 280 407,276 3,155 129 211 78 371360,656 479,777 425,3542,989 121 3,237 148 3,140 135157Mar-12 1,119 3,437540,715 256 390,933 3,090 127 190 83 373366,555 434,213 401,8003,091 119 3,194 136 3,100 130159Feb-12 1,006 3,462550,463 180 357,360 2,973 120 112 80 252341,316 428,153 409,1913,058 112 3,230 133 3,113 131160Jan-12 972 3,519563,550 130 393,509 3,106 127 97 88 239428,281 522,321 433,8273,188 134 3,617 144 3,248 134162Dec-11 967 3,524572,081 123 429,833 3,147 137 153 111 158374,040 506,728 475,8973,064 122 3,390 149 3,304 144158Nov-11 1,038 3,465547,140 114 383,961 3,031 127 131 115 176326,620 401,303 472,6362,861 114 3,173 127 3,057 155152Oct-11 1,121 3,426520,304 142 342,737 2,900 118 155 117 209304,773 426,024 435,1072,816 108 3,162 135 3,210 136149Sep-11 1,196 3,384505,742 163 339,424 2,849 119 179 121 268377,317 472,869 399,9732,995 126 3,421 137 3,095 129148Aug-11 1,271 3,323492,573 197 336,942 2,821 119 273 146 264393,468 424,712 374,2853,102 127 3,079 135 3,023 124148Jul-11 1,380 3,313490,477 233 411,770 3,104 133 248 140 317313,247 383,336 393,2182,884 109 3,024 127 3,032 130147Jun-11 1,460 3,310486,887 250 386,328 3,048 127 242 147 358356,598 422,215 412,8873,005 119 3,128 135 3,157 131146May-11 1,472 3,292480,153 240 366,717 2,994 122 217 130 362370,895 428,701 385,6143,110 119 3,275 131 3,081 125147Apr-11 1,440 3,290483,455 215 358,487 2,974 121 179 115 394324,962 451,375 434,3312,883 113 3,192 141 3,185 136146Mar-11 1,379 3,255474,758 215 388,833 3,092 126 164 118 417402,373 390,194 418,6453,160 127 2,893 135 3,074 136147Feb-11 1,195 3,282481,672 132 370,659 3,003 123 114 101 272358,029 460,942 389,2863,120 115 3,153 146 3,045 128


2 03/03/132 of%URNHU0HWULFV�Information not guaranteed. © 2013 - 2014 Terradatum and its suppliers and licensors (http://www.terradatum.com/metrics/licensors).

%+*5(�*DU\�*UHHQH0DUNHW�'\QDPLFV

2 Years (Monthly) 02/01/11 - 02/28/13Average DOM for Under Contract Properties

0RQWKO\��-1.17

107

7RWDO��&KDQJH

Sq Ft:Bathrooms:All All

DOM

Construction Type:

Sublocations:

Period:Property Types:

-28.02 -35.480RQWKO\�&KDQJH

-1.48

Lot Size:All

KEY INFORMATION

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

7RWDO�&KDQJH

AllMLS: Price:2 Years (Monthly)

Information not guaranteed. © 2013 - 2014 Terradatum and its suppliers and licensors (http://www.terradatum.com/metrics/licensors).

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03/03/13

Average DOM for Under Contract PropertiesMarket Dynamics BHGRE Gary Greene

2 Years (Monthly) 02/01/11 - 02/28/13

Period Avg DOM Avg CDOMContract# UnderTime

45Feb-13 7125658Jan-13 9118669Dec-12 10013556Nov-12 8016456Oct-12 8318844Sep-12 7116650Aug-12 6723349Jul-12 7024458Jun-12 9123955May-12 9228854Apr-12 8228068Mar-12 11325663Feb-12 9218082Jan-12 14413065Dec-11 11412391Nov-11 13011469Oct-11 9414275Sep-11 11316374Aug-11 10819773Jul-11 10223377Jun-11 11925064May-11 10024073Apr-11 10021575Mar-11 12321577Feb-11 134132

2


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

2 Years (Monthly) 02/01/11 - 02/28/13

%+*5(�*DU\�*UHHQH

Sublocations:

-61.99

Price:HAR Bedrooms:Period:

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2 Years (Monthly)

107

-2.58

Single-Family: (Free Standing, Patio Home)

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Property Types:

KEY INFORMATION

AllAll Lot Size:All

-3.740RQWKO\�&KDQJH

-0.167RWDO�&KDQJH

Sq Ft:AllAll Bathrooms:MLS: AllConstruction Type:

Information not guaranteed. © 2013 - 2014 Terradatum and its suppliers and licensors (http://www.terradatum.com/metrics/licensors).

%URNHU0HWULFV� 1 of 2


03/03/13

BHGRE Gary GreeneMarket DynamicsMonths Supply of Inventory (UC Calculation)

2 Years (Monthly) 02/01/11 - 02/28/13

Period NAR MSI # SoldMSI# For Sale Last

Day of Month# UnderContract

Time

2.5Feb-13 256 1463721.5

3.3Jan-13 186 1314282.3

2.5Dec-12 135 1804443.3

2.9Nov-12 164 1825233.2

3.1Oct-12 188 1855683.0

2.8Sep-12 166 2206063.7

2.6Aug-12 233 2586652.9

3.0Jul-12 244 2397122.9

2.4Jun-12 239 3047393.1

2.8May-12 288 2757622.6

3.8Apr-12 280 2117932.8

4.1Mar-12 256 1907803.0

6.7Feb-12 180 1127464.1

7.8Jan-12 130 977545.8

4.8Dec-11 123 1537336.0

6.2Nov-11 114 1318097.1

5.6Oct-11 142 1558626.1

5.1Sep-11 163 1799125.6

3.4Aug-11 197 2739284.7

4.1Jul-11 233 2481,0074.3

4.4Jun-11 250 2421,0634.3

5.1May-11 240 2171,1024.6

6.2Apr-11 215 1791,1105.2

6.4Mar-11 215 1641,0464.9

8.4Feb-11 132 1149627.3

2


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%URNHU0HWULFV� 2 of

! 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 – March 3rd, 2013

Is it a Buyer’s Market or 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, in price ranges below $800,000 the under supply of selection is startling and indicates a Hercules strong seller’s market. Here’s a break down by price.

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

$000,000 – $200,000 . . . . . . . . . . . . . . . . . . . . 1.0 $200,001 – $300,000 . . . . . . . . . . . . . . . . . . . . 1.1 $300,001 – $400,000 . . . . . . . . . . . . . . . . . . . . 1.7 $400,001 – $500,000 . . . . . . . . . . . . . . . . . . . . 1.1 $500,001 – $600,000 . . . . . . . . . . . . . . . . . . . . 1.8 $600,001 – $700,000 . . . . . . . . . . . . . . . . . . . . 2.6 $700,001 – $800,000 . . . . . . . . . . . . . . . . . . . . 4.2 $800,001 – $900,000 . . . . . . . . . . . . . . . . . . . . 4.9 $900,001 – $1,000,000 . . . . . . . . . . . . . . . . . . . 4.6 $1,000,001+ . . . . . . . . . . . . . . . . . . . . . . . . . . . 10.9

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 competitive pricing. Correctly tweak and amplify these three factors and you’ll be one of the successful sellers attracting a qualified buyer. Ignore these salability factors and the property will languish unsold, even in a strong market. Choose the best broker to help you position your property aggressively and competitively in today’s market and you’ll sell your property for Top Dollar and packing before you know it. 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, Patio Home, Duplex)

Bathrooms:Property Types:

AllDate: AllBroker All

107

HAR All09/01/2012 - 02/28/2013 SoldStatus: Construction Type:Type: Bedrooms:MLS:

Information not guaranteed. © 2013 - 2014 Terradatum and its suppliers and licensors (http://www.terradatum.com/metrics/licensors).© 2013 - 2014 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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The Woodlands Real Estate Homes Sales Reports | March 2013

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