1. The$Home$Sales$Real$Estate$Report$
$Magnolia$TX$|$77354$|$January$2014$
$
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$$
$
281-367-3531
Woodforest Plaza | 6875 FM 1488, Suite 800 | Magnolia TX 77354 | 281-367-3531

2. Sold Average vs. Median Price
2 Years (Monthly) 12/01/11 - 12/31/13
KEY INFORMATION
Average
240.78
0.08
5,778.78
2.00
Median
-382.68
-0.15
-9,184.40
-3.51
MLS: HAR
Period:
Property Types:
Single-Family: (Free Standing, Patio Home)
2 Years (Monthly)
Price:
ZIP Codes:
All
Construction Type:
All
Bedrooms:
All
Bathrooms:
All
Lot Size: All
77354
Sq Ft:
All
1 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 Realtors
01/12/14

3. BHGRE Gary Greene
Market Dynamics
Sold Average vs. Median Price
2 Years (Monthly) 12/01/11 - 12/31/13
Time Period
# Properties Sold
Sold Average $
Sold Median $
Average $ - Median $
Median $ as % of Average $
Sold Avg DOM
Dec-13
44
293,252
242,450
50,802
82.7
44
Nov-13
25
300,804
271,623
29,181
90.3
59
Oct-13
48
276,424
252,500
23,924
91.4
52
Sep-13
48
281,211
235,950
45,261
83.9
50
Aug-13
64
305,429
259,150
46,279
84.8
51
Jul-13
70
316,037
278,084
37,954
88.0
59
Jun-13
57
310,538
274,000
36,538
88.2
58
May-13
56
282,532
257,000
25,532
91.0
65
Apr-13
50
320,490
283,970
36,520
88.6
82
Mar-13
50
310,069
251,770
58,299
81.2
79
Feb-13
33
256,263
224,000
32,263
87.4
81
Jan-13
34
271,353
240,500
30,853
88.6
92
Dec-12
39
277,623
220,000
57,623
79.2
68
Nov-12
36
294,543
262,500
32,043
89.1
61
Oct-12
37
253,089
222,500
30,589
87.9
81
Sep-12
44
292,090
282,250
9,840
96.6
109
Aug-12
56
280,406
247,000
33,406
88.1
61
Jul-12
55
305,494
262,700
42,794
86.0
102
Jun-12
54
304,786
247,800
56,986
81.3
56
May-12
52
284,189
256,500
27,689
90.3
135
Apr-12
33
319,604
300,000
19,604
93.9
71
Mar-12
36
327,281
269,450
57,831
82.3
80
Feb-12
19
309,808
307,637
2,171
99.3
67
Jan-12
17
269,824
260,000
9,824
96.4
111
Dec-11
42
251,720
222,500
29,220
88.4
84
2 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 Realtors
01/12/14

4. Average $/SQFT (Sold)
2 Years (Monthly) 12/01/11 - 12/31/13
KEY INFORMATION
Sold $/SQFT
0.43
2 Years (Monthly)
0.43
10.28
MLS: HAR
Period:
Property Types:
Price:
Single-Family: (Free Standing, Patio Home)
ZIP Codes:
All
10.40
Construction Type:
All
Bedrooms:
All
Bathrooms:
All
Lot Size: All
77354
Sq Ft:
All
1 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 Realtors
01/12/14

5. BHGRE Gary Greene
Market Dynamics
Average $/SQFT (Sold)
2 Years (Monthly) 12/01/11 - 12/31/13
FOR SALE
Time
Period
Avg
$/
SQFT SQFT
UNDER CONTRACT
Avg
$/
#
Avg $ SQFT SQFT
#
Avg $
Dec-13
206
382,508
3,001
128
40
325,216
2,848
Nov-13
228
369,671
2,924
127
30
275,497
2,557
Oct-13
239
366,318
2,929
126
42
313,285
Sep-13
253
366,377
2,895
127
37
Aug-13
268
368,834
2,936
126
Jul-13
293
356,400
2,921
122
Jun-13
283
355,383
2,945
May-13
291
360,838
Apr-13
270
Mar-13
266
Feb-13
SOLD
EXPIRED
Avg
$/
SQFT SQFT
#
Avg $
114
44
293,252
2,670
108
25
300,804
2,629
2,700
116
48
276,424
268,639
2,511
107
48
44
322,213
2,842
113
73
291,805
2,724
107
121
60
302,387
2,784
3,009
120
57
339,118
352,079
2,984
119
59
348,242
3,014
116
58
252
351,777
2,999
118
Jan-13
262
344,332
3,013
Dec-12
263
344,792
Nov-12
283
337,741
Oct-12
307
Sep-12
Avg
$/
SQFT SQFT
#
NEW LISTINGS
Avg
$/
Avg $ SQFT SQFT
#
Avg $
110
29
488,110
3,167
154
34
350,385
2,982
118
114
26
351,407
2,819
125
58
295,968
2,586
114
2,612
106
27
269,382
2,591
104
41
281,068
2,675
105
281,211
2,653
106
18
373,748
2,725
137
54
320,619
2,731
119
64
305,429
2,811
109
25
371,598
3,083
121
68
328,867
2,805
117
70
316,037
2,921
108
20
331,950
3,049
109
95
318,435
2,748
116
108
57
310,538
2,828
110
25
330,248
2,854
116
72
322,859
2,785
116
3,002
113
56
282,532
2,776
103
23
362,895
3,115
117
94
340,060
2,871
118
278,753
2,672
105
50
320,490
2,940
109
14
398,343
3,003
133
79
338,519
2,808
121
314,846
2,892
109
50
310,069
2,872
108
17
356,053
2,942
125
85
330,914
2,846
117
42
353,552
2,906
123
33
256,263
2,550
100
29
320,477
2,550
126
59
351,080
2,944
120
115
42
289,973
2,784
104
34
271,353
2,617
104
27
374,149
3,346
112
59
321,190
2,898
111
3,002
115
37
293,117
2,690
109
39
277,623
2,948
94
23
372,625
3,118
120
30
343,191
2,977
115
2,987
113
33
287,778
2,852
101
36
294,543
2,871
103
17
335,259
3,005
111
44
321,784
3,017
107
331,987
2,949
113
38
302,904
2,870
106
37
253,089
2,627
96
30
299,584
2,791
107
63
320,490
2,846
113
314
356,828
3,035
118
36
271,466
2,794
97
44
292,090
2,879
101
34
604,174
3,743
166
40
325,121
2,764
118
Aug-12
355
353,448
3,050
116
54
282,578
2,847
99
56
280,406
2,870
98
27
413,913
3,207
129
80
318,134
2,964
107
Jul-12
370
349,597
3,034
116
55
323,240
3,040
106
55
305,494
2,929
104
40
288,740
2,745
105
84
308,089
2,944
105
Jun-12
348
351,208
3,007
117
40
316,745
2,782
114
54
304,786
2,830
108
22
276,320
2,714
102
74
315,171
2,964
106
May-12
357
348,088
2,979
117
58
279,754
2,708
103
52
284,189
2,909
98
25
365,755
3,182
115
98
281,083
2,672
105
Apr-12
333
373,858
3,116
121
49
344,791
3,075
112
33
319,604
2,933
109
25
435,154
3,395
128
93
320,650
2,940
109
Mar-12
319
375,999
3,128
121
45
302,820
2,780
109
36
327,281
3,038
108
34
342,431
3,199
107
77
320,111
2,960
108
Feb-12
297
384,527
3,160
122
32
288,593
2,885
100
19
309,808
3,025
102
23
420,628
3,306
127
55
307,981
2,788
110
Jan-12
303
390,382
3,212
122
23
369,844
2,942
126
17
269,824
3,011
90
38
329,306
3,169
104
59
320,171
3,069
104
Dec-11
296
388,547
3,187
123
26
285,408
2,760
103
42
251,720
2,512
100
26
315,138
3,056
103
43
342,491
3,073
111
2 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 Realtors
01/12/14

6. Average DOM for Under Contract Properties
2 Years (Monthly) 12/01/11 - 12/31/13
KEY INFORMATION
DOM
-1.35
2 Years (Monthly)
-1.53
-32.30
MLS: HAR
Period:
Property Types:
Price:
Single-Family: (Free Standing, Patio Home)
ZIP Codes:
All
-36.76
Construction Type:
All
Bedrooms:
All
Bathrooms:
All
Lot Size: All
77354
Sq Ft:
All
1 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 Realtors
01/12/14

7. Market Dynamics
BHGRE Gary Greene
Average DOM for Under Contract Properties
2 Years (Monthly) 12/01/11 - 12/31/13
Time
Period
# Under
Contract
Avg DOM
Avg CDOM
Dec-13
40
68
118
Nov-13
30
39
42
Oct-13
42
67
93
Sep-13
37
53
64
Aug-13
44
42
61
Jul-13
73
55
92
Jun-13
60
52
74
May-13
57
72
112
Apr-13
59
67
97
Mar-13
58
66
89
Feb-13
42
79
143
Jan-13
42
77
111
Dec-12
37
96
112
Nov-12
33
81
121
Oct-12
38
62
105
Sep-12
36
66
102
Aug-12
54
85
119
Jul-12
55
110
145
Jun-12
40
74
196
May-12
58
58
91
Apr-12
49
120
176
Mar-12
45
88
160
Feb-12
32
79
172
Jan-12
23
81
123
Dec-11
26
55
105
2 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 Realtors
01/12/14

8. Months Supply of Inventory (UC Calculation)
2 Years (Monthly) 12/01/11 - 12/31/13
KEY INFORMATION
MSI-UC
-0.18
2 Years (Monthly)
-2.38
-4.29
MLS: HAR
Period:
Property Types:
Price:
Single-Family: (Free Standing, Patio Home)
ZIP Codes:
All
-57.16
Construction Type:
All
Bedrooms:
All
Bathrooms:
All
Lot Size: All
77354
Sq Ft:
All
1 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 Realtors
01/12/14

9. Market Dynamics
BHGRE Gary Greene
Months Supply of Inventory (UC Calculation)
2 Years (Monthly) 12/01/11 - 12/31/13
Time
Period
MSI
NAR MSI
# For Sale Last
Day of Month
# Under
Contract
# Sold
Dec-13
3.4
3.1
137
40
44
Nov-13
5.7
6.9
172
30
25
Oct-13
4.0
3.5
170
42
48
Sep-13
5.4
4.1
198
37
48
Aug-13
4.5
3.1
199
44
64
Jul-13
2.7
2.9
200
73
70
Jun-13
3.3
3.5
198
60
57
May-13
3.7
3.8
211
57
56
Apr-13
3.3
3.9
197
59
50
Mar-13
3.3
3.8
191
58
50
Feb-13
4.3
5.5
181
42
33
Jan-13
4.6
5.7
193
42
34
Dec-12
5.5
5.2
203
37
39
Nov-12
7.1
6.5
233
33
36
Oct-12
6.3
6.5
239
38
37
Sep-12
6.8
5.5
244
36
44
Aug-12
5.1
4.9
274
54
56
Jul-12
5.0
5.0
275
55
55
Jun-12
7.2
5.3
286
40
54
May-12
4.7
5.3
274
58
52
Apr-12
5.3
7.8
259
49
33
Mar-12
5.3
6.7
240
45
36
Feb-12
7.6
12.7
242
32
19
Jan-12
10.5
14.2
242
23
17
Dec-11
9.4
5.8
244
26
42
2 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 Realtors
01/12/14

10. PAID ADVERTISEMENT
What 2014 Homebuyers Need-To-Know
to WIN in a Sizzling Seller’s Market like The Woodlands, Texas
2013 will go down as the most sizzling Seller’s Market on record. 2014 will trump 2013 with new record breaking activity,
challenge and triumph.
The Woodlands Texas | Months Supply of Inventory Real Estate Report
Month’s Supply of “For Sale” Listing Inventory – December 28th, 2013
The prepared buyer will WIN. We’d like to help you WIN.
Here are 3 tips for finding the best
property for you and yours in a
sizzling sellers market.
TIP #1: FIRST-TO-KNOW LIGHTNING ALERTS
PRICE RANGE
IT’S NO SECRET!
IT’S A MUSCLE BOUND
SELLER’S MARKET!
Here’s the situation: Real estate economists tell us that six
months supply of available For Sale Listing Inventory represents
a balanced real estate market. Take a look at the Months Supply
of Inventory picture to the right.
TIP #2: POCKET LISTINGS AND PRIVATE SALES
We’re seeing off-the-MLS-radar properties selling via Pocket
Listing whisper campaigns and real estate agent grapevine
networks. Knowing about private off-MLS listing inventory is an
advantage for you.
Here’s how Pocket Listings work. Prior to mass marketing via
the MLS, Pocket Listings are privately promoted by the listing
agent to a network of select agents via email broadcast, text
message, phone calls and personal conversations. When a
match is made private viewing appointments are conveniently
coordinated , offers are negotiated, contracts are signed, escrow opened and everyone proceeds smiling to closing. Welcome to the neighborhood.:-)
Also, we exchange Pocket Listing, Private Sale and Coming
Soon properties via our Better Homes And Gardens Real Estate
Gary Greene company wide online bulletin board, which connects over eight hundred pro real estate agents throughout the
Greater Houston Area.
Using First-To-Know- Lightning Alerts and plugging yourself
into the Coming Soon and Pocket Listings property information
network will help you find out about hot new listings inventory
before your less informed and unconnected home buying competitors.
If you’d like more information about how to tap into the Pocket
Listing agent network contact your favorite Gary Greene agent
directly or call them at the office: 281-367-3531.
Here’s how the Buyer-Needs Network Strategy works. Tell us
everything you’re looking for in your new home (style, design,
location, amenities, schools, etc.). We condense your needs
into a concise Buyer-Needs profile (protecting your identity and
1.0
$400,001 - $500,000
..........................................
2.2
$500,001 - $600,000
..........................................
1.7
$600,001 - $700,000
..........................................
2.4
$700,001 - $800,000
..........................................
4.4
$800,001 - $900,000
..........................................
4.8
$900,001 - $1,000,000
..........................................
3.4
..........................................
6.2
Homes are selling fast too!
Average Days on the Market | The Woodlands Texas | 2013
85
80
67
60
40
20
0
27
28
31
under
$200K
$200–
$300K
$300–
$400K
37
42
$400–
$500K
$500–
$600K
47
$600–
$700K
54
$700–
$800K
$800–
$900K
57
$900
–$1M
over
$1M
Data obtained from the Houston Association of Realtors Multiple Listing Service - Single Family/The Woodlands TX
private information) and broadcast your Buyer-Needs request
to top performing listing agents who may have Pocket Listing
inventory, private sale opportunities and ”Coming Soon” listings
that match what you’re looking for. Buyer-Needs are broadcast
via eMail, text message, phone calls, personal conversations.
Also, we exchange Buyer-Needs via our Better Homes And
Gardens Real Estate Gary Greene company wide online bulletin board, which connects over eight hundred pro real estate
agents throughout the Greater Houston Area.
TIP #1: UNDERSTAND THE MARKET. SEE
WHAT THE SELLER IS SEEING:
Using the Lightning Alert and Buyer-Needs Network Strategies
will help you find out about hot new listings inventory before
your less informed and unconnected home buying competitors.
When you find your dream home don’t hem-haw. Be a bullet.
Squeeze the trigger and submit your offer swiftly before competing buyers snatches it from your grasp.
To discuss how to get started and tap into insider information,
contact your trusted Gary Greene agent directly or call them at
the office: 281-367-3531.
TIP #3: DON’T GO FOR THE STEAL! SEAL THE
DEAL.
TIP #3: BUYER-NEEDS NETWORK STRATEGY
This strategy is sort of like the Pocket Listing Strategy for sellers, except it works for Buyers. Do you see a pattern developing? One of the keys to your success is tapping into a pool of
available inventory that is unknown to the disconnected.
.08
..........................................
more than $1,000,001
DAYS
Your instant alerts include photos and detailed property information sent directly to your email inbox. The service is free. To
get your personalized First-To-Know Lightning Alerts delivered
directly to your email box contact your favorite Gary Greene Pro
at 281-367-3531.
.08
..........................................
$300,001 - $400,000
Real estate economists tell us that six months
supply of available For Sale Listing Inventory
represents a balanced real estate market. The
smaller the Months Supply Of Inventory the more
muscular the Seller’s Market.
..........................................
$200,000 - $300,000
When selection is thin and swift selling, being the First-To-Know
about hot new inventory is an advantage for you.
Here’s how First-To-Know Lightning Alerts work. Tell us everything you’re looking for in your new home (style, design,
location, amenities, schools, etc.). We condense your needs
into a concise Buyer-Needs profile (protecting your identity and
private information) and program our software to match your
buyer-needs to fire off an instant alert heartbeats after it appears on the Multiple Listing Service (MLS).
MONTHS SUPPLY OF INVENTORY
Less than $200,000
Here are 5 Tips On How to write a winning offer in sizzling seller’s market.
Congratulations. Now that you’ve found the best property for
you and yours, you’ve won half the battle. The next challenge to
be conquered is submitting a winning offer. We’ve helped thousands of buyers win in multiple offers and other competitive situations. As a result, we know what works and what flops. Here’s
a list of proven tips to help you and yours write a winning offer.
9000 Forest Crossing, The Woodlands, TX
Low inventory. • Rising prices. • Multiple offers. • Fast sales.
• Construction cranes everywhere. • Daily news about how
awesome the local real estate market economy. • Thousands
of qualified homebuyers moving to the area.
TIP #2: MOVE FAST.
Full price and over list price offers are common in this seller’s
market. Don’t be embarrassed to offer full price or more when
necessary. Keep in mind; your mortgage company will complete
a property value appraisal. If the property doesn’t appraise for
the contract price you can always bail or renegotiate.
TIP #4: STAND OUT.
Sweeten the terms of your offer without paying more.
Here’s how: Offer a larger down payment. • Make a bigger
earnest money deposit. • Amp up the Option Fee. • Shorten
trigger point deadlines and exit clauses for things like the Option Period and days for financing approval. • Provide the seller
with written mortgage pre-approval from your lender. • Include
a flexible and seller friendly closing date. • Consider a possible
seller lease back. • Share a personal letter to the seller sharing
a little bit about yourself and your situation sometimes helps the
seller choose one bidding buyers offer over the other.
TIP #5: REPAIR REALITIES.
After your contract is executed you’ll have an opportunity to
have the property inspected. Because you’re not buying a brand
new home it’s common to turn up a long or short list of items
that aren’t perfect. Understand that in a seller’s market a seller
is less inclined to pay for the repair of cosmetic items. Have
your agent get a bid on the inspection items you’d like to have
completed. If the seller won’t pay for them don’t get angry or
take your eyes off your prize, your real estate agent will have
the names and numbers of reputable repair and home improvement people who can get the job done for you fast and affordably. Don’t lose out because the seller won’t make the property
perfect or spend a few hundred dollars in cosmetic type repairs.
If you like it, own it.
The bottom line for buyers: Use these tips and you’ll successfully navigate seller’s market realities with a smile and success.
Good luck, speed and grace. If we can be helpful contact one of
our Pro agents directly or call 281-367-3531.
Note: Market data provided by Houston Association Of Realtors, Multiple Listings Service.