The Woodlands, TX Real Estate Update- September 2017

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REAL ESTATE UPDATE The Woodlands SEPTEMBER 2017 brought to you by: www.ReferredRealtyTX.com

Transcript of The Woodlands, TX Real Estate Update- September 2017

Page 1: The Woodlands, TX Real Estate Update- September 2017

REAL ESTATEUPDATE

The Woodlands

SEPTEMBER 2017

brought to you by:

www.ReferredRealtyTX.com

Page 2: The Woodlands, TX Real Estate Update- September 2017

Market DynamicsAverage $/SQFT (FS, Sold)

2 Years (Monthly) 09/01/15 - 09/30/17

Referred Realty Group

Price:

-0.32

AllAll All

-0.15-15.36

Property Types:HAR

Sold $/SQFTFor Sale $/SQFT

MLS: All

-0.23

Bathrooms:

-0.64

All

-3.63-5.46

Construction Type:

Total Change

Sq Ft:

Monthly Change

2 Years (Monthly)

Sublocations:

All

-7.75

Lot Size:Period:

Monthly %

Bedrooms:

KEY INFORMATION

Total % Change

Single-Family: (Residential, Duplex)THEWOO

10/04/17BrokerMetrics®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

Page 3: The Woodlands, TX Real Estate Update- September 2017

Average $/SQFT (FS, Sold)2 Years (Monthly) 09/01/15 - 09/30/17

Market Dynamics Referred Realty Group

#

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

188Sep-17 1,175 3,555666,584 173 466,977 3,010 155 199 175 244437,844 606,993 518,3382,971 147 3,476 175 3,107 167185Aug-17 1,311 3,552658,265 172 497,479 3,043 163 190 208 247447,970 580,084 515,5672,992 150 3,430 169 3,187 162182Jul-17 1,511 3,520641,969 240 451,019 2,987 151 246 207 403456,350 609,327 536,1593,068 149 3,544 172 3,250 165182Jun-17 1,563 3,538643,842 239 489,620 3,118 157 280 216 444449,436 626,678 541,8613,022 149 3,590 175 3,276 165184May-17 1,568 3,545652,047 251 464,935 3,023 154 268 198 475422,358 706,933 578,2182,918 145 3,656 193 3,341 173182Apr-17 1,492 3,483635,100 248 439,580 2,875 153 157 151 454387,536 601,306 503,9422,801 139 3,393 177 3,133 161186Mar-17 1,395 3,550661,471 206 461,177 3,022 153 175 151 538486,553 721,661 566,0933,160 154 3,679 196 3,347 169189Feb-17 1,122 3,573675,515 163 499,927 3,116 160 137 102 328423,640 571,028 513,6842,921 145 3,418 167 3,188 161191Jan-17 1,069 3,573682,729 147 447,968 2,956 152 93 128 262455,154 582,401 595,4603,061 149 3,300 176 3,273 182191Dec-16 1,058 3,594684,738 118 451,886 2,958 153 153 133 174410,923 731,602 591,7222,951 139 3,692 198 3,395 174187Nov-16 1,142 3,541661,653 118 405,203 2,882 141 151 140 234431,506 616,430 459,1092,987 144 3,515 175 2,992 153193Oct-16 1,198 3,616695,925 143 443,384 2,958 150 133 147 255416,815 830,870 554,5022,906 143 3,844 217 3,225 173190Sep-16 1,252 3,595682,544 149 444,300 2,925 152 160 160 280411,262 600,149 507,1802,917 141 3,481 173 3,157 161192Aug-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 160199Sep-15 1,308 3,653725,666 166 435,810 2,874 152 171 187 322442,019 749,781 606,9492,967 149 3,726 201 3,362 181

© 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 10/04/172 ofBrokerMetrics®Information not guaranteed. © 2006 - 2017 Terradatum and its suppliers and licensors (http://www.terradatum.com/metrics/licensors).

Page 4: The Woodlands, TX Real Estate Update- September 2017

Market DynamicsSupply & Demand - # Units (FS, UC, Sold)

2 Years (Monthly) 09/01/15 - 09/30/17

Referred Realty Group

Price:

0.68

AllAll All

1.60191.84

Property Types:HAR

Under Contract2.75

For Sale

MLS: All

2.38

Bathrooms:

1.93

7.99

Sold

All

38.4657.18

Construction Type:

Total Change

Sq Ft:

Monthly Change

2 Years (Monthly)

Sublocations:

All

16.31

Lot Size:Period:

46.35

Monthly %

Bedrooms:

KEY INFORMATION

Total % Change

66.11

Single-Family: (Residential, Duplex)THEWOO

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 ofBrokerMetrics® 2 10/04/17

Page 5: The Woodlands, TX Real Estate Update- September 2017

Supply & Demand - # Units (FS, UC, Sold)2 Years (Monthly) 09/01/15 - 09/30/17

Market Dynamics Referred Realty Group

# Properties # PropertiesAverage DOM# PropertiesSOLD

# PropertiesFOR SALE

Average DOM Average DOMUNDER CONTRACT

Average DOMNEW LISTINGS

# PropertiesEXPIRED

Time Period

95 244Sep-17 11561 17567 1991731,17589 247Aug-17 9559 20859 1901721,31179 403Jul-17 9753 20754 2462401,51177 444Jun-17 9947 21655 2802391,56377 475May-17 9845 19849 2682511,56875 454Apr-17 9657 15145 1572481,49280 538Mar-17 13369 15147 1752061,39594 328Feb-17 12080 10268 1371631,122

108 262Jan-17 14572 12890 931471,069109 174Dec-16 12278 13369 1531181,058101 234Nov-16 12358 14070 1511181,142

98 255Oct-16 13567 14760 1331431,19894 280Sep-16 11850 16066 1601491,25288 345Aug-16 10251 17653 2321641,31286 368Jul-16 10145 17751 2092041,34884 394Jun-16 10255 16951 2342001,34986 385May-16 12253 15750 2262031,31587 426Apr-16 11561 14157 1482571,32895 361Mar-16 13363 12449 1741771,20399 340Feb-16 11462 12863 1131751,145

109 273Jan-16 12466 16867 1041241,097114 181Dec-15 13455 16571 1591091,098100 207Nov-15 9757 10856 1171281,153

94 326Oct-15 12062 17861 1631571,28193 322Sep-15 11543 18753 1711661,308

10/04/17 2Information not guaranteed. © 2006 - 2017 Terradatum and its suppliers and licensors (http://www.terradatum.com/metrics/licensors).

2 ofBrokerMetrics®

© 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

Page 6: The Woodlands, TX Real Estate Update- September 2017

Market DynamicsSupply & Demand - # Units (FS, UC, Sold)

Sep-16 through Sep-17

Referred Realty Group

Price:

1,175.0

AllAll All

173.0-77.0

Property Types:HAR

Under Contract160.0

For Sale

MLS: All

149.0

Bathrooms:

199.0

1,252.0

Sold

All

16.124.0

Construction Type:

# Units Change

Sq Ft:

Sep-16

2 Years (Monthly)

Sublocations:

All

-6.2

Lot Size:Period:

24.4

Sep-17

Bedrooms:

KEY INFORMATION

Percent Change

39.0

Single-Family: (Residential, Duplex)THEWOO

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 ofBrokerMetrics® 2 10/04/17

Page 7: The Woodlands, TX Real Estate Update- September 2017

Supply & Demand - # Units (FS, UC, Sold)Sep-16 through Sep-17

Market Dynamics Referred Realty Group

# Properties # PropertiesAverage DOM# PropertiesSOLD

# PropertiesFOR SALE

Average DOM Average DOMUNDER CONTRACT

Average DOMNEW LISTINGS

# PropertiesEXPIRED

Time Period

95 244Sep-17 11561 17567 1991731,17589 247Aug-17 9559 20859 1901721,31179 403Jul-17 9753 20754 2462401,51177 444Jun-17 9947 21655 2802391,56377 475May-17 9845 19849 2682511,56875 454Apr-17 9657 15145 1572481,49280 538Mar-17 13369 15147 1752061,39594 328Feb-17 12080 10268 1371631,122

108 262Jan-17 14572 12890 931471,069109 174Dec-16 12278 13369 1531181,058101 234Nov-16 12358 14070 1511181,142

98 255Oct-16 13567 14760 1331431,19894 280Sep-16 11850 16066 1601491,252

10/04/17 2Information not guaranteed. © 2006 - 2017 Terradatum and its suppliers and licensors (http://www.terradatum.com/metrics/licensors).

2 ofBrokerMetrics®

© 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

Page 8: The Woodlands, TX Real Estate Update- September 2017

Months Supply of Inventory (UC Calculation)Market Dynamics

Sep-15 through Sep-17

Referred Realty Group

Sublocations:

-20.64

Price:HAR Bedrooms:Period:

Monthly %MSI-UC

2 Years (Monthly)

THEWOO

-0.86

Single-Family: (Residential, Duplex)

Total % Change

Property Types:

KEY INFORMATION

AllAll Lot Size:All

-1.27Monthly Change

-0.05Total Change

Sq Ft:AllAll Bathrooms:MLS: AllConstruction Type:

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

10/04/17

Page 9: The Woodlands, TX Real Estate Update- September 2017

Referred Realty GroupMarket DynamicsMonths Supply of Inventory (UC Calculation)

Sep-15 through Sep-17

Period NAR MSI # SoldMSI# For Sale Last

Day of Month# UnderContract

Time

4.2Sep-17 173 1998274.8

4.9Aug-17 172 1909315.4

4.3Jul-17 240 2461,0644.4

4.0Jun-17 239 2801,1084.6

4.2May-17 251 2681,1194.5

7.0Apr-17 248 1571,0934.4

5.9Mar-17 206 1751,0385.0

6.3Feb-17 163 1378575.3

8.5Jan-17 147 937945.4

5.3Dec-16 118 1538076.8

5.9Nov-16 118 1518847.5

6.8Oct-16 143 1339086.3

5.9Sep-16 149 1609436.3

4.2Aug-16 164 2329725.9

4.6Jul-16 204 2099674.7

4.2Jun-16 200 2349804.9

4.2May-16 203 2269554.7

6.3Apr-16 257 1489303.6

5.2Mar-16 177 1749025.1

7.5Feb-16 175 1138424.8

7.7Jan-16 124 1048056.5

5.2Dec-15 109 1598247.6

7.8Nov-15 128 1179177.2

5.8Oct-15 157 1639466.0

5.6Sep-15 166 1719555.8

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© 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

10/04/17Information not guaranteed. © 2006 - 2017 Terradatum and its suppliers and licensors (http://www.terradatum.com/metrics/licensors).

BrokerMetrics® 2 of

Page 10: The Woodlands, TX Real Estate Update- September 2017

September 2017 Snapshot by Price Range

Price RangeDays on

Market

Months

Supply of

Inventory*

Under

ContractSOLD

Number Active

End of Current

Month

100-199k 41 0.9 16 22 15

200-299k 53 3.0 47 52 141

300-399k 72 5.1 30 44 153

400-499k 73 4.4 24 28 106

500-599k 55 4.6 16 18 74

600-699k 95 6.5 10 9 65

700-799k 64 8.1 7 10 57

800-899k 142 18.5 2 3 37

900-999k 38 11.5 2 3 23

1M-1.49M 88 15.3 3 6 46

1.5M-1.9M 250 30.0 1 2 30

2M-17M 80 13.0 3 1 39

*Economists consider a balanced market (buyer vs. seller activity) to be 6 mo.

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