2. The Woodlands Texas Real Estate Report!
Unsold Listing Inventory - Month to Month / 2009 to 2013!
1150
950
750
550
402
Jan
377
407
426
421
423
450
465
Feb
Mar
Apr
May
Jun
Jul
Aug
429
388
350
2013
2013
2012
2011
2010
2009
2012
2011
Sep
Oct
2010
Nov
2009
Jan
402
Feb
377
Mar
407
Apr
426
May
421
Jun
423
Jul
454
Aug
465
Sep
429
Oct
388
Nov
Dec
685
874
699
762
695
956
776
819
695
1001
837
831
699
1045
918
890
665
1060
928
931
668
990
1001
920
660
952
1084
973
634
951
1107
933
568
875
1058
863
528
854
988
807
485
803
878
783
406
746
869
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
Dec
3. The Woodlands Texas Real Estate Report!
Properties Placed Under Contract - Month to Month / 2009 to 2013!
400
364
327
325
304
290
270
257
228
250
182
212
177
175
Jan
Feb
Mar
Apr
2013
2013
2012
2011
2010
2009
May
Jun
2012
Jul
Aug
2011
Sep
Oct
2010
Nov
Dec
2009
Jan
182
Feb
257
Mar
290
Apr
327
May
364
Jun
304
Jul
270
Aug
228
Sep
177
Oct
212
Nov
Dec
139
161
196
145
275
236
303
232
323
265
265
272
267
245
239
212
173
182
207
153
178
122
145
125
111
114
166
158
224
172
269
207
188
224
177
224
194
229
175
173
167
169
167
156
121
120
126
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
10. 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 . . . . . . . . . . . . . . . . . . . .
$200,001 – $300,000 . . . . . . . . . . . . . . . . . . . .
$300,001 – $400,000 . . . . . . . . . . . . . . . . . . . .
$400,001 – $500,000 . . . . . . . . . . . . . . . . . . . .
$500,001 – $600,000 . . . . . . . . . . . . . . . . . . . .
$600,001 – $700,000 . . . . . . . . . . . . . . . . . . . .
$700,001 – $800,000 . . . . . . . . . . . . . . . . . . . .
$800,001 – $900,000 . . . . . . . . . . . . . . . . . . . .
$900,001 – $1,000,000 . . . . . . . . . . . . . . . . . . .
$1,000,001+ . . . . . . . . . . . . . . . . . . . . . . . . . . .
.06
1.0
1.2
2.3
1.9
2.8
3.7
5.1
4.7
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.
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9000 Forest Crossing The Woodlands, Texas 77381 Office: 281.367.3531 or 800.932.7253