Download - The Woodlands TX Home Sales Report for November 2013

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Page 1: The Woodlands TX Home Sales Report for November 2013

The$Home$Sales$Real$Estate$Report$$The$Woodlands$|$November$2013$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$%$Q$By$Broker$

$

9000 Forest Crossing Drive | The Woodlands TX 77381 | 281-367-3531

281-367-3531

Page 2: The Woodlands TX Home Sales Report for November 2013

The Woodlands Texas Real Estate Report!Unsold Listing Inventory - Month to Month / 2009 to 2013!

Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec2013 402 377 407 426 421 423 454 465 429 3882012 685 695 695 699 665 668 660 634 568 528 485 4062011 874 956 1001 1045 1060 990 952 951 875 854 803 7462010 699 776 837 918 928 1001 1084 1107 1058 988 878 8692009 762 819 831 890 931 920 973 933 863 807 783 746

Better 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

350

550

750

950

1150

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

402 377 407 426 421 423 450 465 429 388

2013 2012 2011 2010 2009

Page 3: The Woodlands TX Home Sales Report for November 2013

The Woodlands Texas Real Estate Report!Properties Placed Under Contract - Month to Month / 2009 to 2013!

Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec2013 182 257 290 327 364 304 270 228 177 2122012 139 196 275 303 323 265 267 239 173 207 178 1452011 161 145 236 232 265 272 245 212 182 153 122 1252010 111 166 224 269 188 177 194 175 167 167 121 1262009 114 158 172 207 224 224 229 173 169 156 120 109

Better 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

175

250

325

400

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

182

257290

327364

304270

228

177212

2013 2012 2011 2010 2009

Page 4: The Woodlands TX Home Sales Report for November 2013

KEY INFORMATION

2 Years (Monthly) 10/01/11 - 10/31/13

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

0RQWKO\�� 7RWDO���&KDQJH

22.891.05

0RQWKO\�&KDQJH

2,465.76Median

7RWDO�&KDQJHAverage 3,535.34 84,848.25 25.18

59,178.250.95

Sublocations:All

Bathrooms:Single-Family: (Free Standing, Manufactured, Patio Home, Duplex, Historic) Sq Ft:

HAR AllAll AllAllAll Lot Size:Bedrooms:Property Types:

107

2 Years (Monthly) Construction Type:Price:Period:MLS:

11/09/13%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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Page 5: The Woodlands TX Home Sales Report for November 2013

BHGRE Gary Greene

2 Years (Monthly) 10/01/11 - 10/31/13

Market DynamicsSold Average vs. Median Price

Time Period # Properties Sold Sold Average $ Sold Median $ Sold Avg DOMAverage $ - Median $ Median $ as % of Average $168Oct-13 463,415 70.1325,000 138,415 36193Sep-13 395,956 77.3306,000 89,956 32278Aug-13 411,555 75.3309,900 101,655 27312Jul-13 448,792 75.6339,500 109,292 27321Jun-13 421,217 78.3330,000 91,217 28307May-13 420,169 72.6305,000 115,169 32234Apr-13 393,727 75.6297,869 95,858 38214Mar-13 378,182 78.1295,250 82,932 45172Feb-13 353,727 76.6271,000 82,727 54131Jan-13 387,824 78.0302,500 85,324 65181Dec-12 420,754 64.0269,500 151,254 68184Nov-12 329,001 81.8269,230 59,771 51186Oct-12 359,952 76.8276,350 83,602 47220Sep-12 320,877 81.0260,000 60,877 47259Aug-12 348,340 77.4269,500 78,840 53239Jul-12 384,803 80.7310,500 74,303 56305Jun-12 384,889 78.2301,000 83,889 48276May-12 368,856 80.1295,475 73,381 63212Apr-12 359,766 73.7265,182 94,584 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

157Dec-11 368,367 78.4289,000 79,367 79132Nov-11 325,380 77.7252,750 72,630 79155Oct-11 304,773 75.1229,000 75,773 72

© 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

2 11/09/132 of%URNHU0HWULFV�Information not guaranteed. © 2013 - 2014 Terradatum and its suppliers and licensors (http://www.terradatum.com/metrics/licensors).

Page 6: The Woodlands TX Home Sales Report for November 2013

0DUNHW�'\QDPLFVAverage $/SQFT (Sold)

2 Years (Monthly) 10/01/11 - 10/31/13

%+*5(�*DU\�*UHHQH

Price:

0.99

AllAll All

26.91

Property Types:HAR

Sold $/SQFT

MLS: AllBathrooms:

1.12

All Construction Type:

7RWDO�&KDQJH

Sq Ft:

0RQWKO\�&KDQJH

2 Years (Monthly)

Sublocations:

All

23.87

Lot Size:Period:

0RQWKO\��

Bedrooms:

KEY INFORMATION

7RWDO���&KDQJH

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

11/09/13%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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Page 7: The Woodlands TX Home Sales Report for November 2013

Average $/SQFT (Sold)2 Years (Monthly) 10/01/11 - 10/31/13

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

188Oct-13 687 3,615678,232 209 444,394 3,058 145 168 76 215463,415 525,051 509,8713,069 151 3,334 157 3,140 162186Sep-13 721 3,585666,541 169 417,988 2,898 144 193 80 207395,956 670,170 515,8362,929 135 3,584 187 3,168 163180Aug-13 813 3,525634,241 213 431,212 3,007 143 278 86 282411,555 581,303 454,6272,983 138 3,445 169 3,019 151179Jul-13 850 3,562636,895 248 443,716 2,994 148 312 71 337448,792 618,112 500,7693,159 142 3,816 162 3,226 155175Jun-13 844 3,550623,180 274 413,484 3,018 137 321 57 335421,217 702,934 431,2333,078 137 4,007 175 3,090 140176May-13 897 3,566627,465 342 459,202 3,147 146 307 46 377420,169 528,010 447,1533,038 138 3,496 151 3,080 145178Apr-13 859 3,615644,887 290 457,908 3,110 147 234 49 380393,727 549,087 519,0753,023 130 3,386 162 3,278 158175Mar-13 796 3,601630,426 263 410,517 3,030 136 214 54 344378,182 687,850 456,2812,956 128 3,883 177 3,166 144178Feb-13 706 3,650648,966 224 391,498 3,007 130 172 30 242353,727 853,851 490,6932,909 122 4,231 202 3,229 152174Jan-13 715 3,622628,125 185 380,287 2,973 128 131 66 245387,824 595,971 476,7032,981 130 3,692 161 3,248 147177Dec-12 679 3,598635,198 135 449,520 3,044 148 181 74 135420,754 517,532 401,4623,038 138 3,223 161 3,045 132173Nov-12 767 3,521606,503 164 358,522 2,846 126 184 59 186329,001 496,401 410,7032,864 115 3,420 147 3,040 135173Oct-12 857 3,489601,429 190 379,062 2,965 128 186 86 234359,952 634,951 432,8542,954 121 3,378 188 3,033 143170Sep-12 866 3,481592,863 165 364,915 2,881 127 220 78 187320,877 500,917 429,8502,825 114 3,349 150 3,051 141164Aug-12 1,005 3,428562,475 234 362,192 2,930 123 259 92 296348,340 516,278 393,7882,927 119 3,416 151 2,993 131161Jul-12 1,038 3,437553,274 244 349,618 2,952 118 239 85 317384,803 473,710 419,4053,138 123 3,395 140 3,133 134162Jun-12 1,063 3,435557,346 240 392,849 3,013 130 305 102 334384,889 557,136 447,0903,110 124 3,469 161 3,171 141157May-12 1,112 3,410534,802 289 378,257 3,065 123 276 94 356368,856 449,500 386,1563,072 120 3,341 135 3,075 126159Apr-12 1,119 3,440545,810 280 407,276 3,155 129 212 83 371359,766 475,851 425,0612,983 121 3,241 147 3,140 135157Mar-12 1,096 3,437540,914 257 390,091 3,085 126 190 91 376366,555 434,328 399,9443,091 119 3,186 136 3,089 129159Feb-12 986 3,471552,998 180 357,360 2,973 120 112 86 252341,316 447,314 409,1913,058 112 3,269 137 3,113 131160Jan-12 955 3,529565,807 130 393,509 3,106 127 97 91 239428,281 517,030 433,8273,188 134 3,607 143 3,248 134162Dec-11 954 3,521570,336 124 427,810 3,136 136 157 114 159368,367 477,110 473,8723,029 122 3,304 144 3,293 144158Nov-11 1,028 3,460545,611 116 380,007 3,008 126 132 117 177325,380 410,711 470,4312,852 114 3,180 130 3,050 154152Oct-11 1,117 3,413516,915 144 340,094 2,881 118 155 122 212304,773 416,381 431,2322,816 108 3,117 134 3,188 135

© 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

2 11/09/132 of%URNHU0HWULFV�Information not guaranteed. © 2013 - 2014 Terradatum and its suppliers and licensors (http://www.terradatum.com/metrics/licensors).

Page 8: The Woodlands TX Home Sales Report for November 2013

%+*5(�*DU\�*UHHQH0DUNHW�'\QDPLFV

2 Years (Monthly) 10/01/11 - 10/31/13Average DOM for Under Contract Properties

0RQWKO\��-1.90

107

7RWDO���&KDQJH

Sq Ft:Bathrooms:All All

DOM

Construction Type:

Sublocations:

Period:Property Types:

-45.60 -61.100RQWKO\�&KDQJH

-2.55

Lot Size:All

KEY INFORMATION

Single-Family: (Free Standing, Manufactured, Patio Home, Duplex, Historic) 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).

%URNHU0HWULFV� 1 of 2

© 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

11/09/13

Page 9: The Woodlands TX Home Sales Report for November 2013

Average DOM for Under Contract PropertiesMarket Dynamics BHGRE Gary Greene

2 Years (Monthly) 10/01/11 - 10/31/13

Period Avg DOM Avg CDOMContract# UnderTime

47Oct-13 6320935Sep-13 5916933Aug-13 4421331Jul-13 4724823Jun-13 4227428May-13 3834235Apr-13 6329031Mar-13 5026345Feb-13 6722457Jan-13 8618569Dec-12 10013556Nov-12 8016456Oct-12 8619044Sep-12 7116550Aug-12 6823449Jul-12 7024458Jun-12 9124055May-12 9228954Apr-12 8228068Mar-12 11625763Feb-12 9218082Jan-12 14413065Dec-11 11312490Nov-11 13211669Oct-11 93144

2

© 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

11/09/13Information not guaranteed. © 2013 - 2014 Terradatum and its suppliers and licensors (http://www.terradatum.com/metrics/licensors).

%URNHU0HWULFV� 2 of

Page 10: The Woodlands TX Home Sales Report for November 2013

! 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 – November 8th, 2013

Q. Is it a Seller’s 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 buyer’s market. Less than six months of inventory in considered a seller’s market. As we can see from these inventory numbers below we are locked into a Hercules strong seller’s market. Here’s a break down by price.

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

$000,000 – $200,000 . . . . . . . . . . . . . . . . . . . . .06 $200,001 – $300,000 . . . . . . . . . . . . . . . . . . . . 1.0 $300,001 – $400,000 . . . . . . . . . . . . . . . . . . . . 1.2 $400,001 – $500,000 . . . . . . . . . . . . . . . . . . . . 2.3 $500,001 – $600,000 . . . . . . . . . . . . . . . . . . . . 1.9 $600,001 – $700,000 . . . . . . . . . . . . . . . . . . . . 2.8 $700,001 – $800,000 . . . . . . . . . . . . . . . . . . . . 3.7 $800,001 – $900,000 . . . . . . . . . . . . . . . . . . . . 5.1 $900,001 – $1,000,000 . . . . . . . . . . . . . . . . . . . 4.7 $1,000,001+ . . . . . . . . . . . . . . . . . . . . . . . . . . . 6.5

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 savvy pricing. Choose the best broker to help you position your property aggressively in today’s market and you’ll sell your property for HIGHEST possible price and the BEST possible terms. Ignore these salability factors even in a strong seller’s market the property will languish unsold. 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.

Page 11: The Woodlands TX Home Sales Report for November 2013

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

2 Years (Monthly) 10/01/11 - 10/31/13

%+*5(�*DU\�*UHHQH

Sublocations:

-72.97

Price:HAR Bedrooms:Period:

0RQWKO\��MSI-UC

2 Years (Monthly)

107

-3.04

Single-Family: (Free Standing, Manufactured, Patio Home, Duplex, Historic)

7RWDO���&KDQJH

Property Types:

KEY INFORMATION

AllAll Lot Size:All

-3.660RQWKO\�&KDQJH

-0.157RWDO�&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

© 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

11/09/13

Page 12: The Woodlands TX Home Sales Report for November 2013

BHGRE Gary GreeneMarket DynamicsMonths Supply of Inventory (UC Calculation)

2 Years (Monthly) 10/01/11 - 10/31/13

Period NAR MSI # SoldMSI# For Sale Last

Day of Month# UnderContract

Time

2.4Oct-13 209 1684021.9

2.4Sep-13 169 1934722.8

1.8Aug-13 213 2785142.4

1.7Jul-13 248 3125312.1

1.6Jun-13 274 3215131.9

1.7May-13 342 3075091.5

2.2Apr-13 290 2345201.8

2.2Mar-13 263 2144791.8

2.6Feb-13 224 1724522.0

3.5Jan-13 185 1314642.5

2.6Dec-12 135 1814703.5

3.0Nov-12 164 1845443.3

3.1Oct-12 190 1865813.1

2.8Sep-12 165 2206233.8

2.6Aug-12 234 2596792.9

3.0Jul-12 244 2397092.9

2.4Jun-12 240 3057213.0

2.6May-12 289 2767292.5

3.6Apr-12 280 2127562.7

3.9Mar-12 257 1907482.9

6.4Feb-12 180 1127204.0

7.6Jan-12 130 977345.6

4.6Dec-11 124 1577165.8

6.0Nov-11 116 1327956.9

5.5Oct-11 144 1558515.9

2

© 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

11/09/13Information not guaranteed. © 2013 - 2014 Terradatum and its suppliers and licensors (http://www.terradatum.com/metrics/licensors).

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Page 13: The Woodlands TX Home Sales Report for November 2013

Market Share Totals BHGRE Gary Greene

Sublocations:

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

Bathrooms:Property Types:

AllDate: AllCMS All

107

HAR All07/01/2013 - 11/08/2013 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

2%URNHU0HWULFV� 1 of 11/09/13

Achieving the Highest Possible Price

and Best Possible Terms does not happen by accident.

!We make it happen by design.

!Maximize your results with our Modern Day !

Seller's-Market Strategy.

GARYGREENE

281-367-3531