The Woodlands TX Home Sales Report January 2014

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The Woodlands, TX Home Sales Report January 2014 Market Dynamics, Unsold Inventory, Months Supply of Inventory, Average DOM

Transcript of The Woodlands TX Home Sales Report January 2014

  • 1. The$Home$Sales$Real$Estate$Report$ $The$Woodlands$|$January$2014$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$%$P$By$Broker$ $ 9000 Forest Crossing Drive | The Woodlands TX 77381 | 281-367-3531281-367-3531

2. The Woodlands Texas Real Estate Report! Unsold Listing Inventory - Month to Month / 2009 to 2013!1150 950 750 550355350JanFebMar2014 2014 2013 2012 2011 2010 2009AprMay2013Jun2012JulAug2011SepOctNov20102009Jan 355FebMarAprMayJunJulAugSepOctNovDec402 685 874 699377 695 956 776407 695 1001 837426 699 1045 918421 665 1060 928423 668 990 1001454 660 952 1084465 634 951 1107429 568 875 1058388 528 854 988392 485 803 878386 406 746 869762819831890931920973933863807783746Better 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 TXDec 3. The Woodlands Texas Real Estate Report! Properties Placed Under Contract - Month to Month / 2009 to 2013!400364 327325304290270257228250182212 177 149175JanFebMarApr20132013 2012 2011 2010 2009MayJun2012JulAug2011SepOct2010133NovDec2009Jan 182Feb 257Mar 290Apr 327May 364Jun 304Jul 270Aug 228Sep 177Oct 212Nov 149Dec 133139 161196 145275 236303 232323 265265 272267 245239 212173 182207 153178 122145 125111 114166 158224 172269 207188 224177 224194 229175 173167 169167 156121 120126 109Better 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 4. Sold Average vs. Median Price 2 Years (Monthly) 12/01/11 - 12/31/13KEY INFORMATIONAverage2,797.430.7967,138.4118.93Median2,250.370.8454,008.9120.09MLS: HARPeriod:Property Types:Single-Family: (Free Standing, Patio Home)2 Years (Monthly)Price:Sublocations:AllConstruction Type:AllBedrooms:AllBathrooms:AllLot Size: All107Sq Ft:All1 of 2 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 Realtors01/11/14 5. BHGRE Gary GreeneMarket Dynamics Sold Average vs. Median Price 2 Years (Monthly) 12/01/11 - 12/31/13Time Period# Properties SoldSold Average $Sold Median $Average $ - Median $Median $ as % of Average $Sold Avg DOMDec-13167420,802355,00065,80284.442Nov-13177414,315313,000101,31575.647Oct-13170459,404321,500137,90470.035Sep-13192397,010308,00089,01077.632Aug-13278411,555309,900101,65575.327Jul-13310450,251340,495109,75675.627Jun-13321421,217330,00091,21778.328May-13306420,921305,000115,92172.532Apr-13232395,125298,86996,25675.638Mar-13212378,783295,25083,53378.045Feb-13169357,056272,00085,05676.254Jan-13131387,824302,50085,32478.065Dec-12181420,754269,500151,25464.068Nov-12182329,625269,23060,39581.752Oct-12185361,076277,70083,37676.947Sep-12220320,877260,00060,87781.047Aug-12258349,057269,60079,45777.253Jul-12239384,803310,50074,30380.756Jun-12305384,889301,00083,88978.248May-12275369,610295,95073,66080.163Apr-12211360,656265,37595,28173.668Mar-12190366,555291,00075,55579.465Feb-12112341,316283,85057,46683.276Jan-1297428,281258,000170,28160.278Dec-11153374,040293,77080,27078.5802 of 2 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 Realtors01/11/14 6. Average $/SQFT (Sold) 2 Years (Monthly) 12/01/11 - 12/31/13KEY INFORMATIONSold $/SQFT1.012 Years (Monthly)0.8624.12MLS: HARPeriod:Property Types:Price:Single-Family: (Free Standing, Patio Home)Sublocations:All20.75Construction Type:AllBedrooms:AllBathrooms:AllLot Size: All107Sq Ft:All1 of 2 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 Realtors01/11/14 7. BHGRE Gary GreeneMarket Dynamics Average $/SQFT (Sold) 2 Years (Monthly) 12/01/11 - 12/31/13 FOR SALE Time PeriodAvg $/ SQFT SQFTUNDER CONTRACT Avg $/ # Avg $ SQFT SQFT#Avg $Dec-13579733,9083,707198125406,0702,929Nov-13624733,8713,693199139422,2922,966Oct-13721677,9193,627187194439,103Sep-13741668,3243,604185166Aug-13825638,6933,546180Jul-13851643,3403,585179Jun-13845629,6233,571May-13896630,860Apr-13858Mar-13795Feb-13SOLDEXPIRED Avg $/ SQFT SQFT#Avg $139167420,8023,016141177414,3153,0333,051144170459,404420,3802,906145192213431,2123,007143247440,7152,987148176273414,3393,0233,578176341459,771648,2423,627179289633,9083,611176261707651,6493,656178Jan-13710633,7353,641Dec-12678638,990Nov-12767609,521Oct-12855Sep-12Avg $/ SQFT SQFT#NEW LISTINGS Avg $/ Avg $ SQFT SQFT#Avg $13988683,2563,677186144512,5313,15616213750962,1713,983242166545,8363,0941763,06215069525,6023,367156213509,2523,152162397,0102,93413567673,6763,649185204514,3023,173162278411,5552,98313875596,8403,505170282454,1123,019150310450,2513,16814261651,8623,907167334503,2423,239155137321421,2173,07813755718,4974,062177330432,3783,1001393,150146306420,9213,04213840478,0523,424140375448,3473,087145458,8353,114147232395,1253,03013048551,4113,408162377521,7743,290159411,8513,036136212378,7832,95612853697,7533,903179341457,9853,178144223391,5533,007130169357,0562,93212230853,8514,231202241491,2813,231152174181384,2712,995129131387,8242,98113063604,4793,755161241480,0803,2711473,607177135449,5203,044148181420,7543,03813874517,5323,223161134401,6283,0461323,528173164358,5222,846126182329,6252,86811559496,4013,420147185412,0583,048135604,8533,498173188379,9842,971128185361,0762,96212185640,4803,400188234432,8543,033143864596,2323,491171165364,9152,881127220320,8772,82511478500,9173,349150184430,6913,061141Aug-121,005565,1683,434165233363,0862,936123258349,0572,93211992516,2783,416151295394,5632,998131Jul-121,038555,6073,441161244349,6182,952118239384,8033,13812384473,9933,391140317419,4053,133134Jun-121,061560,3753,442163239393,7903,019130305384,8893,110124101561,1283,488161332447,9643,174141May-121,111537,5683,417157288378,9983,070123275369,6103,07712094449,5003,341135356386,1563,075126Apr-121,117546,7323,445159280407,2763,155129211360,6562,98912182449,9473,199141371425,0613,140135Mar-121,093542,1823,443157256390,9333,090127190366,5553,09111991434,3283,186136373401,8003,100130Feb-12986553,2733,472159180357,3602,973120112341,3163,05811286447,3143,269137252409,1913,113131Jan-12955566,0913,530160130393,5093,10612797428,2813,18813491517,0303,607143239433,8273,248134Dec-11951571,5963,527162123429,8333,147137153374,0403,064122112480,2293,319145158475,8973,3041442 of 2 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 Realtors01/11/14 8. Average DOM for Under Contract Properties 2 Years (Monthly) 12/01/11 - 12/31/13KEY INFORMATIONDOM-1.502 Years (Monthly)-2.25-36.07MLS: HARPeriod:Property Types:Price:Single-Family: (Free Standing, Patio Home)Sublocations:All-53.90Construction Type:AllBedrooms:AllBathrooms:AllLot Size: All107Sq Ft:All1 of 2 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 Realtors01/11/14 9. Market DynamicsBHGRE Gary GreeneAverage DOM for Under Contract Properties 2 Years (Monthly) 12/01/11 - 12/31/13 Time Period# Under ContractAvg DOMAvg CDOMDec-131254962Nov-131393752Oct-131944461Sep-131663559Aug-132133344Jul-132473147Jun-132732342May-133412838Apr-132893663Mar-132613151Feb-132234567Jan-131815887Dec-1213569100Nov-121645680Oct-121885683Sep-121654471Aug-122335067Jul-122444970Jun-122395891May-122885592Apr-122805482Mar-1225668113Feb-121806392Jan-1213082144Dec-11123651142 of 2 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 Realtors01/11/14 10. The Woodlands Texas Real Estate Report Months Supply Of For Sale Listing Inventory January 6th, 2013 2014Q. Is it a Sellers Market? A. 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 buyers market. Less than six months of inventory in considered a sellers market. As we can see from these inventory numbers below we are locked into a Hercules strong sellers market. Heres a break down by price. Click HERE for a few strategies that will help you WIN in a Strong-LikeBull Sellers Market.PRICE RANGE. . . . . . . . . . . . . . . MONTHS SUPPLY OF LISTING INVENTORY $000,000 $200,000 . . . . . . . . . . . . . . . . . . . . $200,001 $300,000 . . . . . . . . . . . . . . . . . . . . $300,001 $400,000 . . . . . . . . . . . . . . . . . . . . $400,001 $500,000 . . . . . . . . . . . . . . . . . . . . $500,001 $600,000 . . . . . . . . . . . . . . . . . . . . $600,001 $700,000 . . . . . . . . . . . . . . . . . . . . $700,001 $800,000 . . . . . . . . . . . . . . . . . . . . $800,001 $900,000 . . . . . . . . . . . . . . . . . . . . $900,001 $1,000,000 . . . . . . . . . . . . . . . . . . . $1,000,001+ . . . . . . . . . . . . . . . . . . . . . . . . . . ..08 .09 .09 1.9 1.8 2.3 4.3 4.6 3.9 5.9What does this mean? For buyers: When you find something you love, dont 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 savvy pricing. Choose the best broker to help you position your property aggressively in todays market and youll sell your property for HIGHEST possible price and the BEST possible terms. Ignore these salability factors even in a strong sellers market the property will languish unsold. More TIPS. 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 whats happening in your neighborhood, contact us and well provide you with an up to the minute, on-target Months Supply of Inventory report. Give us a call and well send you your free report pronto. ! Page 1 9000 Forest Crossing The Woodlands, Texas 77381 Office: 281.367.3531 or 800.932.7253 11. Months Supply of Inventory (UC Calculation) 2 Years (Monthly) 12/01/11 - 12/31/13KEY INFORMATIONMSI-UC-0.082 Years (Monthly)-2.10-1.99MLS: HARPeriod:Property Types:Price:Single-Family: (Free Standing, Patio Home)Sublocations:All-50.39Construction Type:AllBedrooms:AllBathrooms:AllLot Size: All107Sq Ft:All1 of 2 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 Realtors01/11/14 12. Market DynamicsBHGRE Gary GreeneMonths Supply of Inventory (UC Calculation) 2 Years (Monthly) 12/01/11 - 12/31/13 Time PeriodMSINAR MSI# For Sale Last Day of Month# Under Contract# SoldDec-132.92.2366125167Nov-133.12.5435139177Oct-132.42.7458194170Sep-133.12.6508166192Aug-132.51.9537213278Jul-132.21.8543247310Jun-131.91.6517273321May-131.51.7515341306Apr-131.82.2521289232Mar-131.82.3481261212Feb-132.02.7454223169Jan-132.63.6466181131Dec-123.52.6469135181Nov-123.33.0544164182Oct-123.13.1582188185Sep-123.82.8621165220Aug-122.92.6680233258Jul-122.93.0710244239Jun-123.02.4721239305May-122.52.7729288275Apr-122.73.6755280211Mar-122.93.9746256190Feb-124.06.4720180112Jan-125.67.673413097Dec-115.84.77161231532 of 2 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 Realtors01/11/14 13. Market Share TotalsBHGRE Gary GreeneAchieving)the)Highest)Possible)Price)with)the Best)Possible)Terms)is)no)accident. We)make)it)happen)by)design. Let)us)help)you) Maximize)Your)Results)with)our Modern)Day)SellersGMarket)Strategy. Contact)us)today:)281G367G3531 Be#er%Homes%And%Gardens%Real%Estate%Gary%Greene 9000%Research%Forest,%The%Woodlands%TX,%77381Key: $474K)=)Average)Sold)Price S/O)97.6%)=)Sold)Price)To)List)Price)Percentage DOM)30)=)Days)On)MarketMLS: HARDate: 07/01/2013 - 12/31/2013Property Types:Single-Family: (Free Standing, Patio Home) 107 The Woodlands, TXSublocations:Type: CMSStatus: SoldPrice: AllConstruction Type: AllBedrooms: AllBathrooms: All1 of 2 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 Realtors01/05/14