Woodlands Market Report – April 2014

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Your Agent of Change 832-299- 4767 Woodlands Market Report – April 2014 Presented by : The Woodlands Eco Realtors

description

Inventory of homes for sale is low this year. Majority of listings are between $250k to $750k Listings are getting sold faster leaving fewer unsold homes. Properties are being put under contract within days of coming out on the market. There are very few homes in the market. High demand Low supply. $250k - $750K homes have the lowest supply. Properties are being sold faster than ever. Buyer need to act quickly. Homes are fetching asking price or even slightly higher than asking price in some cases.

Transcript of Woodlands Market Report – April 2014

Page 1: Woodlands Market Report – April 2014

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Woodlands Market Report – April 2014

Presented by : The Woodlands Eco Realtors

Page 2: Woodlands Market Report – April 2014

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Total Active ListingsThe Woodlands

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

2014 240 268 344 NaN NaN NaN NaN NaN NaN NaN NaN NaN

2013 287 280 254 284 317 305 309 341 337 322 303 264

2012 519 523 513 526 510 500 504 493 474 411 380 350

50

150

250

350

450

550

Tota

l Lis

tings

Inventory of homes for sale is low this year.

Page 3: Woodlands Market Report – April 2014

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March 2014 Active ListingsThe Woodlands

10%

38%

24%

15%

4%3% 3% 3%

$0 - $250,000

$250,001 - $500,000

$500,001 - $750,000

$750,001 - $1,000,000

$1,000,001 - $1,250,000

$1,250,001 - $,1,500,000

$1,500,001 - $1,750,000

$1,750,001 - $2,000,000

Majority of listings are between $250k to $750k

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Unsold Listing Inventory - Month to Month / 2010 to 2014The Woodlands

Jan

Feb

Mar

Apr

May

Jun

Jul Aug

Sept

Oct

Nov

Dec

2014

355

366

373

445

NaN

NaN

NaN

NaN

NaN

NaN

NaN

NaN

2013

402

377

407

426

421

423

454

465

429

388

392

386

2012

685

695

695

699

665

668

660

634

568

528

485

406

2011

874

956

1001

1045

1060

990

952

951

875

854

803

746

2010

699

776

837

918

928

1001

1084

1107

1058

988

878

889

100

500

900

Axis Title

Listings are getting sold faster leaving fewer unsold

homes.

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Properties Placed Under Contract - Month to Month / 2010 to 2014

The Woodlands

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

2014 195 203 277 NaN NaN NaN NaN NaN NaN NaN NaN NaN

2013 182 257 290 327 364 304 270 228 177 212 149 133

2012 139 196 275 303 323 265 267 239 173 207 178 145

2011 161 145 236 232 265 272 245 212 182 153 122 125

2010 111 166 224 269 188 177 194 175 167 167 121 126

25

75

125

175

225

275

325

375

Axis Title

Properties are being put under contract within days

of coming out on the market.

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Average Month of InventoryThe Woodlands

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

2014 2.3 2.3 1.6 NaN NaN NaN NaN NaN NaN NaN NaN NaN

2013 1.9 1.8 1.6 1.8 2 1.9 1.9 2 2 1.9 1.8 1.6

2012 3.8 3.8 3.8 3.9 3.7 3.5 3.5 3.4 3.3 2.8 2.5 2.3

0.25

0.75

1.25

1.75

2.25

2.75

3.25

3.75

4.25

Month

s

There are very few homes in the market. High demand Low

supply.

Page 7: Woodlands Market Report – April 2014

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March 2014 Months of Inventory

The Woodlands

2%

4%

8%

12%

12%

13%

32%

17%

$0 - $250,000

$250,001 - $500,000

$500,001 - $750,000

$750,001 - $1,000,000

$1,000,001 - $1,250,000

$1,250,001 - $,1,500,000

$1,500,001 - $1,750,000

$1,750,001 - $2,000,000

$250k - $750k homes have the lowest supply.

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Average Days on MarketThe Woodlands

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

2014

50 45 52 NaN NaN NaN NaN NaN NaN NaN NaN NaN

2013

75.2 75.1 87.8 56.1 47.7 46.6 48.3 53.1 55.8 47.7 90.2 59.6

2012

100.3

78.1 108.7

96.4 117.4

62.8 76.9 67.5 61.8 49.2 70.4 75.2

10

30

50

70

90

110

2014

2013

2012

Num

ber O

f D

ays

Properties are being sold faster than ever. Buyer

need to act quickly.

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Average List Price VS. Sale Price

The Woodlands

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

2014 96.76 97.75 97.47 NaN NaN NaN NaN NaN NaN NaN NaN NaN

2013 95.5 97.5 97.1 97.7 97.7 98.1 97.6 97.9 97.1 97.1 96.8 97.8

2012 94.5 94.8 96.1 97 96.3 96.9 97.2 96.7 96.8 97.2 95.5 96.5

92.50

93.50

94.50

95.50

96.50

97.50

98.50

% O

f Lis

t P

rice

Homes are fetching asking price or even slightly higher

than asking price in some cases.

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With economic recovery real estate is seeing a comeback.

The Woodlands market is seeing tremendous growth.

New jobs in the area are bringing more and more

relocation clients. Demand is high but supply is not there making it a seller's market. Out of town buyers need an

extra edge.

Page 11: Woodlands Market Report – April 2014

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We are relocation specialist and we work with out of town, out of state and out of country buyers. We know what it

takes to get our clients their dream home.

If you are planning to relocate to our town. Give us a call.

Please check out our clients testimonials at -

http://www.woodlandsecorealty.com/testimonials.html

We know how to get our clients what they want!

http://www.woodlandsecorealty.com/home.html

Page 12: Woodlands Market Report – April 2014

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Priyanka Johri832-299-4767

[email protected]