The Woodlands TX Home Sales Report | November 2017
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The Home Sales Real Estate Report The Woodlands | November, 2017 Listing Inventory Month By Month Home Sales Month By Month Average Sold Price / Median Sold Price Average Price Per Square Foot Average Days On Market Months Supply of For Sale Inventory 9000 Forest Crossing Drive | The Woodlands TX 77381 | 281-367-3531 281-367-3531
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Transcript of The Woodlands TX Home Sales Report | November 2017
TheHomeSalesRealEstateReportTheWoodlands|November,2017ListingInventoryMonthByMonthHomeSalesMonthByMonthAverageSoldPrice/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 | October 3rd, 2017
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
2017 Listing Inventory 2016 Listing Inventory 2015 Listing Inventory
Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec2017 722 829 993 1008 1061 1091 1066 999 879 8082016 788 809 855 863 875 900 957 913 901 878 846 8152015 591 630 658 731 818 863 912 947 925 917 906 889
The Woodlands Texas Real Estate ReportProperties Placed Under Contract - 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
2017 Contracts Written 2016 Contracts Written 2015 Contracts Written
Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec YTD Total2017 168 175 219 269 267 263 258 181 171 169 2,1402016 129 203 191 283 234 212 230 210 161 154 132 123 2,0072015 170 217 278 279 275 249 261 161 180 173 134 119 2,243
October sales UP 9.74% | YTD sales UP 6.62%
KEY INFORMATION
2 Years (Monthly) 10/01/15 - 10/31/17
Market Dynamics BHGRE Gary GreeneSold Average vs. Median Price
Monthly % Total % Change
10.64-0.10
Monthly Change
1,424.75Median
Total ChangeAverage -436.37 -10,472.93 -2.36
34,194.060.44
Sublocations:All
Bathrooms:Single-Family: (Residential) Sq Ft:
HAR AllAll AllAllAll Lot Size:Bedrooms:Property Types:
THEWOO
2 Years (Monthly) Construction Type:Price:Period:MLS:
11/04/17BrokerMetrics®Information not guaranteed. © 2006 - 2017 Terradatum and its suppliers and licensors (http://www.terradatum.com/metrics/licensors).
© 2017 - 2018 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) 10/01/15 - 10/31/17
Market DynamicsSold Average vs. Median Price
Time Period # Properties Sold Sold Average $ Sold Median $ Sold Avg DOMAverage $ - Median $ Median $ as % of Average $178Oct-17 443,203 79.1350,500 92,703 65209Sep-17 432,382 80.4347,500 84,882 60193Aug-17 445,530 76.8342,000 103,530 59246Jul-17 456,350 86.3394,000 62,350 53280Jun-17 449,436 82.3370,000 79,436 47268May-17 422,358 85.8362,500 59,858 45157Apr-17 387,536 77.9302,000 85,536 57175Mar-17 486,553 74.0360,000 126,553 69138Feb-17 424,157 74.7317,000 107,157 80
93Jan-17 455,154 70.3320,000 135,154 72153Dec-16 410,923 83.7344,000 66,923 78151Nov-16 431,506 77.2333,000 98,506 58133Oct-16 416,815 81.2338,600 78,215 67160Sep-16 411,262 82.1337,500 73,762 50232Aug-16 454,232 73.2332,250 121,982 51209Jul-16 435,491 83.8365,000 70,491 45234Jun-16 443,436 80.6357,500 85,936 55226May-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-16 402,068 70.9285,000 117,068 62104Jan-16 478,814 60.8291,000 187,814 66159Dec-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 62
© 2017 - 2018 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 11/04/172 ofBrokerMetrics®Information not guaranteed. © 2006 - 2017 Terradatum and its suppliers and licensors (http://www.terradatum.com/metrics/licensors).
Market DynamicsAverage $/SQFT (FS, Sold)
2 Years (Monthly) 10/01/15 - 10/31/17
BHGRE Gary Greene
Price:
-0.32
AllAll All
-0.17-15.38
Property Types:HAR
Sold $/SQFTFor Sale $/SQFT
MLS: All
-0.25
Bathrooms:
-0.64
All
-3.98-6.00
Construction Type:
Total Change
Sq Ft:
Monthly Change
2 Years (Monthly)
Sublocations:
All
-7.79
Lot Size:Period:
Monthly %
Bedrooms:
KEY INFORMATION
Total % Change
Single-Family: (Residential)THEWOO
11/04/17BrokerMetrics®Information not guaranteed. © 2006 - 2017 Terradatum and its suppliers and licensors (http://www.terradatum.com/metrics/licensors).
© 2017 - 2018 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
1 of 2
Average $/SQFT (FS, Sold)2 Years (Monthly) 10/01/15 - 10/31/17
Market Dynamics BHGRE Gary Greene
#
FOR SALE
SQFTPeriod$/Avg
SQFTTime
Avg $
UNDER CONTRACT
# Avg $Avg
SQFT$/
SQFT
SOLD EXPIRED NEW LISTINGS
# # #Avg $ Avg $ Avg $Avg
SQFT$/
SQFTAvg
SQFT$/
SQFTAvg
SQFT$/
SQFT
186Oct-17 1,158 3,543657,074 169 438,043 2,843 154 178 182 305443,203 576,288 511,6823,029 146 3,461 167 3,166 162186Sep-17 1,192 3,555660,569 169 462,011 2,995 154 209 170 246432,382 614,645 513,9452,963 146 3,499 176 3,112 165184Aug-17 1,321 3,552654,166 171 491,298 3,029 162 193 204 249445,530 584,185 511,8442,983 149 3,441 170 3,188 161181Jul-17 1,519 3,521638,519 242 450,391 2,995 150 246 205 403456,350 605,911 533,7163,068 149 3,538 171 3,251 164181Jun-17 1,569 3,538641,300 238 488,631 3,109 157 280 215 445449,436 628,290 540,8143,022 149 3,598 175 3,278 165183May-17 1,573 3,544649,847 251 464,935 3,023 154 268 198 479422,358 706,933 574,9082,918 145 3,656 193 3,342 172182Apr-17 1,493 3,483634,053 248 439,580 2,875 153 157 151 455387,536 601,306 503,1542,801 139 3,393 177 3,133 161186Mar-17 1,395 3,550660,702 206 461,177 3,022 153 175 151 538486,553 721,661 566,0623,160 154 3,679 196 3,347 169189Feb-17 1,122 3,573674,573 163 499,927 3,116 160 138 102 328424,157 571,028 513,4272,921 145 3,418 167 3,188 161191Jan-17 1,069 3,573681,819 148 448,420 2,955 152 93 127 262455,154 582,932 592,8683,061 149 3,304 176 3,273 181191Dec-16 1,058 3,594684,460 118 451,886 2,958 153 153 133 174410,923 731,602 591,7222,951 139 3,692 198 3,395 174187Nov-16 1,142 3,541661,395 118 405,203 2,882 141 151 140 234431,506 616,430 459,0232,987 144 3,515 175 2,992 153193Oct-16 1,198 3,616695,696 143 443,384 2,958 150 133 147 255416,815 830,870 554,0392,906 143 3,844 217 3,225 172190Sep-16 1,252 3,595682,419 149 444,300 2,925 152 160 160 280411,262 600,149 506,6232,917 141 3,481 173 3,157 160192Aug-16 1,312 3,592688,909 164 483,146 3,026 160 232 176 345454,232 636,812 544,7743,027 150 3,404 187 3,161 173189Jul-16 1,348 3,602682,258 204 453,576 3,040 149 209 177 368435,491 628,540 535,7372,966 147 3,469 181 3,208 167190Jun-16 1,349 3,623687,118 200 437,526 2,911 150 234 169 394443,436 691,627 598,5243,036 146 3,732 185 3,357 178190May-16 1,315 3,650694,278 203 475,747 3,060 155 226 157 385486,426 798,061 522,8583,159 154 3,910 204 3,254 161193Apr-16 1,328 3,664705,820 257 475,443 3,055 156 148 141 426428,549 733,790 560,3032,899 148 3,784 194 3,284 171194Mar-16 1,203 3,683715,994 177 448,067 2,906 154 174 124 361414,500 672,531 572,1432,847 146 3,624 186 3,355 171198Feb-16 1,145 3,658722,562 175 491,975 2,921 168 113 128 340402,068 675,318 602,8742,753 146 3,576 190 3,413 177198Jan-16 1,097 3,627718,595 124 453,836 2,890 157 104 168 273478,814 652,778 583,0692,984 160 3,526 185 3,303 177200Dec-15 1,098 3,662731,710 109 540,803 3,057 177 159 165 181505,979 699,087 598,9763,141 161 3,698 189 3,176 189196Nov-15 1,153 3,639712,146 128 409,501 2,853 144 117 108 207398,091 682,268 499,3202,775 143 3,571 191 3,127 160195Oct-15 1,281 3,613703,164 157 507,791 3,037 167 163 178 326462,944 580,251 503,4833,020 153 3,382 172 3,140 160
© 2017 - 2018 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 11/04/172 ofBrokerMetrics®Information not guaranteed. © 2006 - 2017 Terradatum and its suppliers and licensors (http://www.terradatum.com/metrics/licensors).
BHGRE Gary GreeneMarket Dynamics
2 Years (Monthly) 10/01/15 - 10/31/17Average DOM for Under Contract Properties
Monthly %-0.01
THEWOO
Total % Change
Sq Ft:Bathrooms:All All
DOM
Construction Type:
Sublocations:
Period:Property Types:
-0.12 -0.21Monthly Change
-0.01
Lot Size:All
KEY INFORMATION
Single-Family: (Residential) AllHAR AllBedrooms:
Total Change
AllMLS: Price:2 Years (Monthly)
Information not guaranteed. © 2006 - 2017 Terradatum and its suppliers and licensors (http://www.terradatum.com/metrics/licensors).
BrokerMetrics® 1 of 2
© 2017 - 2018 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
11/04/17
Average DOM for Under Contract PropertiesMarket Dynamics BHGRE Gary Greene
2 Years (Monthly) 10/01/15 - 10/31/17
Period Avg DOM Avg CDOMContract# UnderTime
64Oct-17 16967Sep-17 16959Aug-17 17154Jul-17 24255Jun-17 23849May-17 25145Apr-17 24847Mar-17 20668Feb-17 16390Jan-17 14869Dec-16 11870Nov-16 11860Oct-16 14366Sep-16 14953Aug-16 16451Jul-16 20451Jun-16 20050May-16 20357Apr-16 25749Mar-16 17763Feb-16 17567Jan-16 12471Dec-15 10956Nov-15 12861Oct-15 157
2
© 2017 - 2018 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
11/04/17Information not guaranteed. © 2006 - 2017 Terradatum and its suppliers and licensors (http://www.terradatum.com/metrics/licensors).
BrokerMetrics® 2 of
l Page 1 9000 Forest Crossing, The Woodlands, Texas 77381 Office: 281.367.3531 or 800.932.7253
The Woodlands Texas Real Estate Report
Novembet 4th, 2017 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 Active Listings October Listings Price Range Of Listing Inventory On November 4th Under Contract $000,000 – $200,000 1.0 Months 23 12 $200,001 – $300,000 2.4 Months 137 60 $300,001 – $400,000 4.0 Months 146 44 $400,001 – $500,000 5.6 Months 141 14 $500,001 – $600,000 4.5 Months 75 10 $600,001 – $700,000 5.7 Months 61 7 $700,001 – $800,000 7.4 Months 50 12 $800,001 – $900,000 8.9 Months 34 2 $900,001 – $1,000,000 8.3 Months 23 0 $1,000,001 - $1,500,000 7.4 Months 44 4 $1,500,001 - $2,000,000 13.9 Months 25 3 $2,000,001 - $3,000,000 17.0 Months 19 1 $3,000,001+ 80.0 Months 22 0 All Price Ranges 4.4 Months 800 169 What does this mean? For Buyers: Selection is supreme in all price ranges. 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.
