The Woodlands Real Estate Homes Sales Reports | March 2013
Upcoming SlideShare
Loading in...5
×
 

Like this? Share it with your network

Share

The Woodlands Real Estate Homes Sales Reports | March 2013

on

  • 1,552 views

 

Statistics

Views

Total Views
1,552
Views on SlideShare
1,552
Embed Views
0

Actions

Likes
0
Downloads
1
Comments
0

0 Embeds 0

No embeds

Accessibility

Categories

Upload Details

Uploaded via as Adobe PDF

Usage Rights

© All Rights Reserved

Report content

Flagged as inappropriate Flag as inappropriate
Flag as inappropriate

Select your reason for flagging this presentation as inappropriate.

Cancel
  • Full Name Full Name Comment goes here.
    Are you sure you want to
    Your message goes here
    Processing…
Post Comment
Edit your comment

The Woodlands Real Estate Homes Sales Reports | March 2013 Presentation Transcript

  • 1. The$Home$Sales$Real$Estate$Sales$Report$$The$Woodlands|$March$2013$Lis=ng$Inventory$Month$By$Month$Home$Sales$Month$By$Month$$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$Percentage$–$By$Broker$ 281-367-3531 Woodforest Plaza | 6875 FM 1488, Suite 800 | Magnolia TX 77354 | 281-367-3531
  • 2. The Woodlands Texas Real Estate Report Unsold Listing Inventory - Month to Month / 2009 to 20131150 950 750 550 402 377 350 Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec 2013 2012 2011 2010 2009 Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec 2013 402 377 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 988 878 869 2009 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
  • 3. The Woodlands Texas Real Estate Report Properties Placed Under Contract - Month to Month / 2009 to 2013400325 257250 182175 Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec 2013 2012 2011 2010 2009 Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec 2013 182 257 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 2009 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
  • 4. Sold Average vs. Median Price 2 Years (Monthly) 02/01/11 - 02/28/13 KEY INFORMATIONAverage 403.05 0.11 9,673.18 2.71Median 452.77 0.17 10,866.38 4.03MLS: HAR Period: 2 Years (Monthly) Price: All Construction Type: All Bedrooms: All Bathrooms: All Lot Size: AllProperty Types: Single-Family: (Free Standing, Patio Home) Sq Ft: AllSublocations: 107 1 of 2 03/03/13 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
  • 5. Market Dynamics BHGRE Gary Greene Sold Average vs. Median Price 2 Years (Monthly) 02/01/11 - 02/28/13Time Period # Properties Sold Sold Average $ Sold Median $ Average $ - Median $ Median $ as % of Average $ Sold Avg DOMFeb-13 146 347,224 267,350 79,874 77.0 51Jan-13 131 387,824 302,500 85,324 78.0 65Dec-12 180 421,531 269,250 152,281 63.9 68Nov-12 182 329,625 269,230 60,395 81.7 52Oct-12 185 361,076 277,700 83,376 76.9 47Sep-12 220 320,877 260,000 60,877 81.0 47Aug-12 258 349,057 269,600 79,457 77.2 53Jul-12 239 384,803 310,500 74,303 80.7 56Jun-12 304 385,135 300,500 84,635 78.0 48May-12 275 369,610 295,950 73,660 80.1 63Apr-12 211 360,656 265,375 95,281 73.6 68Mar-12 190 366,555 291,000 75,555 79.4 65Feb-12 112 341,316 283,850 57,466 83.2 76Jan-12 97 428,281 258,000 170,281 60.2 78Dec-11 153 374,040 293,770 80,270 78.5 80Nov-11 131 326,620 253,000 73,620 77.5 80Oct-11 155 304,773 229,000 75,773 75.1 72Sep-11 179 377,317 249,000 128,317 66.0 65Aug-11 273 393,468 272,000 121,468 69.1 77Jul-11 248 313,247 261,511 51,736 83.5 74Jun-11 242 356,598 284,500 72,098 79.8 69May-11 217 370,895 299,000 71,895 80.6 71Apr-11 179 324,962 262,000 62,962 80.6 77Mar-11 164 402,373 267,500 134,873 66.5 85Feb-11 114 358,029 285,495 72,534 79.7 102 2 of 2 03/03/13 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
  • 6. Average $/SQFT (Sold) 2 Years (Monthly) 02/01/11 - 02/28/13 KEY INFORMATIONSold $/SQFT 0.30 0.26 7.26 6.21MLS: HAR Period: 2 Years (Monthly) Price: All Construction Type: All Bedrooms: All Bathrooms: All Lot Size: AllProperty Types: Single-Family: (Free Standing, Patio Home) Sq Ft: AllSublocations: 107 1 of 2 03/03/13 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
  • 7. Market Dynamics BHGRE Gary Greene Average $/SQFT (Sold) 2 Years (Monthly) 02/01/11 - 02/28/13 FOR SALE UNDER CONTRACT SOLD EXPIRED NEW LISTINGSTime Avg $/ Avg $/ Avg $/ Avg $/ Avg $/Period # Avg $ SQFT SQFT # Avg $ SQFT SQFT # Avg $ SQFT SQFT # Avg $ SQFT SQFT # Avg $ SQFT SQFTFeb-13 668 655,044 3,643 179 256 394,624 3,019 131 146 347,224 2,857 122 40 781,675 4,094 191 240 491,978 3,229 152Jan-13 685 640,880 3,647 175 186 391,369 3,021 130 131 387,824 2,981 130 71 657,934 3,902 169 241 482,645 3,259 148Dec-12 656 644,587 3,615 177 135 449,520 3,044 148 180 421,531 3,041 139 77 512,713 3,226 159 133 401,359 2,998 128Nov-12 753 610,687 3,536 173 164 358,522 2,846 126 182 329,625 2,868 115 66 478,506 3,381 143 185 412,393 3,048 135Oct-12 840 606,044 3,505 173 188 379,984 2,971 128 185 361,076 2,962 121 84 643,871 3,411 189 234 427,182 3,031 141Sep-12 849 598,498 3,500 171 166 364,029 2,876 127 220 320,877 2,825 114 77 501,038 3,382 148 184 433,664 3,064 142Aug-12 1,006 562,959 3,430 164 233 363,086 2,936 123 258 349,057 2,932 119 108 494,510 3,322 149 294 395,529 3,001 132Jul-12 1,056 552,501 3,435 161 244 349,618 2,952 118 239 384,803 3,138 123 100 480,826 3,386 142 317 419,421 3,137 134Jun-12 1,093 556,748 3,435 162 239 393,790 3,019 130 304 385,135 3,110 124 115 555,877 3,479 160 331 445,632 3,171 141May-12 1,149 533,406 3,406 157 288 378,998 3,070 123 275 369,610 3,077 120 99 431,421 3,275 132 356 386,503 3,075 126Apr-12 1,151 544,525 3,436 158 280 407,276 3,155 129 211 360,656 2,989 121 78 479,777 3,237 148 371 425,354 3,140 135Mar-12 1,119 540,715 3,437 157 256 390,933 3,090 127 190 366,555 3,091 119 83 434,213 3,194 136 373 401,800 3,100 130Feb-12 1,006 550,463 3,462 159 180 357,360 2,973 120 112 341,316 3,058 112 80 428,153 3,230 133 252 409,191 3,113 131Jan-12 972 563,550 3,519 160 130 393,509 3,106 127 97 428,281 3,188 134 88 522,321 3,617 144 239 433,827 3,248 134Dec-11 967 572,081 3,524 162 123 429,833 3,147 137 153 374,040 3,064 122 111 506,728 3,390 149 158 475,897 3,304 144Nov-11 1,038 547,140 3,465 158 114 383,961 3,031 127 131 326,620 2,861 114 115 401,303 3,173 127 176 472,636 3,057 155Oct-11 1,121 520,304 3,426 152 142 342,737 2,900 118 155 304,773 2,816 108 117 426,024 3,162 135 209 435,107 3,210 136Sep-11 1,196 505,742 3,384 149 163 339,424 2,849 119 179 377,317 2,995 126 121 472,869 3,421 137 268 399,973 3,095 129Aug-11 1,271 492,573 3,323 148 197 336,942 2,821 119 273 393,468 3,102 127 146 424,712 3,079 135 264 374,285 3,023 124Jul-11 1,380 490,477 3,313 148 233 411,770 3,104 133 248 313,247 2,884 109 140 383,336 3,024 127 317 393,218 3,032 130Jun-11 1,460 486,887 3,310 147 250 386,328 3,048 127 242 356,598 3,005 119 147 422,215 3,128 135 358 412,887 3,157 131May-11 1,472 480,153 3,292 146 240 366,717 2,994 122 217 370,895 3,110 119 130 428,701 3,275 131 362 385,614 3,081 125Apr-11 1,440 483,455 3,290 147 215 358,487 2,974 121 179 324,962 2,883 113 115 451,375 3,192 141 394 434,331 3,185 136Mar-11 1,379 474,758 3,255 146 215 388,833 3,092 126 164 402,373 3,160 127 118 390,194 2,893 135 417 418,645 3,074 136Feb-11 1,195 481,672 3,282 147 132 370,659 3,003 123 114 358,029 3,120 115 101 460,942 3,153 146 272 389,286 3,045 128 2 of 2 03/03/13 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
  • 8. Average DOM for Under Contract Properties 2 Years (Monthly) 02/01/11 - 02/28/13 KEY INFORMATIONDOM -1.17 -1.48 -28.02 -35.48MLS: HAR Period: 2 Years (Monthly) Price: All Construction Type: All Bedrooms: All Bathrooms: All Lot Size: AllProperty Types: Single-Family: (Free Standing, Patio Home) Sq Ft: AllSublocations: 107 1 of 2 03/03/13 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
  • 9. Market Dynamics BHGRE Gary Greene Average DOM for Under Contract Properties 2 Years (Monthly) 02/01/11 - 02/28/13Time # UnderPeriod Contract Avg DOM Avg CDOMFeb-13 256 45 71Jan-13 186 58 91Dec-12 135 69 100Nov-12 164 56 80Oct-12 188 56 83Sep-12 166 44 71Aug-12 233 50 67Jul-12 244 49 70Jun-12 239 58 91May-12 288 55 92Apr-12 280 54 82Mar-12 256 68 113Feb-12 180 63 92Jan-12 130 82 144Dec-11 123 65 114Nov-11 114 91 130Oct-11 142 69 94Sep-11 163 75 113Aug-11 197 74 108Jul-11 233 73 102Jun-11 250 77 119May-11 240 64 100Apr-11 215 73 100Mar-11 215 75 123Feb-11 132 77 134 2 of 2 03/03/13 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
  • 10. Months Supply of Inventory (UC Calculation) 2 Years (Monthly) 02/01/11 - 02/28/13 KEY INFORMATIONMSI-UC -0.16 -2.58 -3.74 -61.99MLS: HAR Period: 2 Years (Monthly) Price: All Construction Type: All Bedrooms: All Bathrooms: All Lot Size: AllProperty Types: Single-Family: (Free Standing, Patio Home) Sq Ft: AllSublocations: 107 1 of 2 03/03/13 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
  • 11. Market Dynamics BHGRE Gary Greene Months Supply of Inventory (UC Calculation) 2 Years (Monthly) 02/01/11 - 02/28/13Time # For Sale Last # UnderPeriod MSI NAR MSI Day of Month Contract # SoldFeb-13 1.5 2.5 372 256 146Jan-13 2.3 3.3 428 186 131Dec-12 3.3 2.5 444 135 180Nov-12 3.2 2.9 523 164 182Oct-12 3.0 3.1 568 188 185Sep-12 3.7 2.8 606 166 220Aug-12 2.9 2.6 665 233 258Jul-12 2.9 3.0 712 244 239Jun-12 3.1 2.4 739 239 304May-12 2.6 2.8 762 288 275Apr-12 2.8 3.8 793 280 211Mar-12 3.0 4.1 780 256 190Feb-12 4.1 6.7 746 180 112Jan-12 5.8 7.8 754 130 97Dec-11 6.0 4.8 733 123 153Nov-11 7.1 6.2 809 114 131Oct-11 6.1 5.6 862 142 155Sep-11 5.6 5.1 912 163 179Aug-11 4.7 3.4 928 197 273Jul-11 4.3 4.1 1,007 233 248Jun-11 4.3 4.4 1,063 250 242May-11 4.6 5.1 1,102 240 217Apr-11 5.2 6.2 1,110 215 179Mar-11 4.9 6.4 1,046 215 164Feb-11 7.3 8.4 962 132 114 2 of 2 03/03/13 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
  • 12. The Woodlands Texas Real Estate Report Months Supply Of “For Sale” Listing Inventory – March 3rd, 2013Is it a Buyer’s Market or a Seller’s Market?According to real estate economists a six-month supply of For Sale Inventory represents a balanced market. Oversix months of For Sale Inventory indicates a buyer’s market. Less than six months of inventory in considered aseller’s market. As we can see from these inventory numbers below, in price ranges below $800,000 the undersupply of selection is startling and indicates a Hercules strong seller’s market. Here’s a break down by price. PRICE RANGE. . . . . . MONTHS SUPPLY OF LISTING INVENTORY $000,000 – $200,000 . . . . . . . . . . . . . . . . . . . . 1.0 $200,001 – $300,000 . . . . . . . . . . . . . . . . . . . . 1.1 $300,001 – $400,000 . . . . . . . . . . . . . . . . . . . . 1.7 $400,001 – $500,000 . . . . . . . . . . . . . . . . . . . . 1.1 $500,001 – $600,000 . . . . . . . . . . . . . . . . . . . . 1.8 $600,001 – $700,000 . . . . . . . . . . . . . . . . . . . . 2.6 $700,001 – $800,000 . . . . . . . . . . . . . . . . . . . . 4.2 $800,001 – $900,000 . . . . . . . . . . . . . . . . . . . . 4.9 $900,001 – $1,000,000 . . . . . . . . . . . . . . . . . . . 4.6 $1,000,001+ . . . . . . . . . . . . . . . . . . . . . . . . . . . 10.9What 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 isa safe and opportune time to sell. Three key factors that impact salability are merchandising (staging), massivebroadcast marketing and competitive pricing. Correctly tweak and amplify these three factors and you’ll be one ofthe successful sellers attracting a qualified buyer. Ignore these salability factors and the property will languishunsold, even in a strong market. Choose the best broker to help you position your property aggressively andcompetitively in today’s market and you’ll sell your property for Top Dollar and packing before you know it.Closing thoughts.While mulling over these inventory numbers, keep in mind these figures represent big averages across TheWoodlands. Real estate is hyper local in nature and market conditions for your specific property, in your specificneighborhood may be different that the big average you see above. To find out what’s happening in yourneighborhood, contact us and we’ll provide you with an up to the minute, on-target Months Supply of Inventoryreport. Give us a call and we’ll send you your free report – pronto.! Page 1 9000 Forest Crossing The Woodlands, Texas 77381 Office: 281.367.3531 or 800.932.7253
  • 13. Market Share Totals BHGRE Gary GreeneMLS: HAR Date: 09/01/2012 - 02/28/2013 Type: Broker Status: Sold Price: All Construction Type: All Bedrooms: All Bathrooms: AllProperty Types: Single-Family: (Free Standing, Patio Home, Duplex)Sublocations: 107 1 of 2 03/03/13 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