Successfully reported this slideshow.
We use your LinkedIn profile and activity data to personalize ads and to show you more relevant ads. You can change your ad preferences anytime.

The Woodlands homes sales report March 2016

220 views

Published on

Sales and inventory reports for the month of February.

Published in: Real Estate
  • Be the first to comment

  • Be the first to like this

The Woodlands homes sales report March 2016

  1. 1. The Home Sales Real Estate Report The Woodlands | March, 2016 Lis>ng Inventory Month By Month Home Sales Month By Month Average Sold Price / Median Sold Price Average Price Per Square Foot Average Days On Market Months Supply of For Sale 9000 Forest Crossing Drive | The Woodlands TX 77381 | 281-367-3531 281-367-3531 Joyce & Chris Hanson The Hanson Team 281-734-0370 281-433-1157 Joyce.Hanson@garygreene.com Chris.Hanson@garygreene.com HansonSellsTheWoodlands.com
  2. 2. The Woodlands Texas Real Estate Report Listing Inventory - All Brokers Combined 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 2016 Listing Inventory 2015 Listing Inventory Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec 2016 788 809 855 2015 591 630 658 731 818 863 912 947 925 917 906 889
  3. 3. The Woodlands Texas Real Estate Report Properties Placed Under Contract - All Brokers Combined Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec 2016 129 203 2015 170 217 278 279 275 249 261 161 180 173 134 119 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 2016 Contracts Written 2015 Contracts Written
  4. 4. KEY INFORMATION 2 Years (Monthly) 02/01/14 - 02/29/16 Market Dynamics BHGRE Gary Greene Sold Average vs. Median Price Monthly % Total % Change -1.83 0.24 Monthly Change -267.20Median Total Change Average 1,044.31 25,063.54 5.64 -6,412.72-0.08 Sublocations: All Bathrooms: Single-Family: (Free Standing, Patio Home) Sq Ft: HAR AllAll AllAllAll Lot Size:Bedrooms: Property Types: 107 2 Years (Monthly) Construction Type:Price:Period:MLS: 03/02/16BrokerMetrics® Information not guaranteed. © 2006 - 2016 Terradatum and its suppliers and licensors (http://www.terradatum.com/metrics/licensors). © 2016 - 2017 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 1 of 2
  5. 5. BHGRE Gary Greene 2 Years (Monthly) 02/01/14 - 02/29/16 Market Dynamics Sold Average vs. Median Price Time Period # Properties Sold Sold Average $ Sold Median $ Sold Avg DOMAverage $ - Median $ Median $ as % of Average $ 100Feb-16 406,457 70.1285,000 121,457 59 103Jan-16 481,652 60.6292,000 189,652 64 158Dec-15 507,872 72.8370,000 137,872 54 116Nov-15 399,841 73.8295,250 104,591 57 161Oct-15 466,198 74.8348,705 117,493 61 167Sep-15 446,247 81.8365,000 81,247 43 240Aug-15 436,313 75.6330,000 106,313 40 237Jul-15 523,560 78.7412,000 111,560 47 290Jun-15 553,793 75.3417,250 136,543 43 232May-15 479,580 82.4395,000 84,580 44 204Apr-15 471,664 71.0335,000 136,664 45 208Mar-15 407,694 82.3335,500 72,194 50 132Feb-15 439,452 79.1347,450 92,002 64 127Jan-15 526,636 68.4360,000 166,636 55 211Dec-14 445,794 80.0356,500 89,294 55 127Nov-14 510,416 69.5354,500 155,916 46 165Oct-14 404,115 84.1340,000 64,115 42 187Sep-14 410,118 82.7339,000 71,118 36 229Aug-14 444,543 77.2343,000 101,543 35 303Jul-14 413,571 83.4345,000 68,571 28 269Jun-14 455,421 80.2365,000 90,421 27 269May-14 468,861 77.8365,000 103,861 32 228Apr-14 441,674 73.6325,000 116,674 34 206Mar-14 437,658 73.6322,000 115,658 38 143Feb-14 442,656 73.7326,000 116,656 43 © 2016 - 2017 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 03/02/162 ofBrokerMetrics® Information not guaranteed. © 2006 - 2016 Terradatum and its suppliers and licensors (http://www.terradatum.com/metrics/licensors).
  6. 6. Market Dynamics Average $/SQFT (FS, Sold) 2 Years (Monthly) 02/01/14 - 02/29/16 BHGRE Gary Greene Price: 0.16 All All All 0.23 7.21 Property Types: HAR Sold $/SQFT For Sale $/SQFT MLS: All 0.34 Bathrooms: 0.30 All 5.608.28 Construction Type: Total Change Sq Ft: Monthly Change 2 Years (Monthly) Sublocations: All 3.77 Lot Size:Period: Monthly % Bedrooms: KEY INFORMATION Total % Change Single-Family: (Free Standing, Patio Home) 107 03/02/16BrokerMetrics® Information not guaranteed. © 2006 - 2016 Terradatum and its suppliers and licensors (http://www.terradatum.com/metrics/licensors). © 2016 - 2017 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 1 of 2
  7. 7. Average $/SQFT (FS, Sold) 2 Years (Monthly) 02/01/14 - 02/29/16 Market Dynamics BHGRE Gary Greene # FOR SALE SQFTPeriod $/Avg SQFT Time Avg $ UNDER CONTRACT # Avg $ Avg SQFT $/ SQFT SOLD EXPIRED NEW LISTINGS # # #Avg $ Avg $ Avg $ Avg SQFT $/ SQFT Avg SQFT $/ SQFT Avg SQFT $/ SQFT 199Feb-16 1,211 3,618729,801 204 485,752 2,916 167 100 149 359406,457 671,390 614,5022,781 146 3,564 190 3,395 182 199Jan-16 1,165 3,596724,964 123 468,189 2,926 160 103 190 297481,652 651,645 622,9302,998 161 3,512 186 3,268 177 199Dec-15 1,198 3,618719,041 111 543,797 3,078 177 158 219 181507,872 646,014 594,7143,149 161 3,535 183 3,155 188 195Nov-15 1,257 3,601701,116 126 410,889 2,859 144 116 114 213399,841 664,586 499,6432,781 144 3,540 188 3,120 160 194Oct-15 1,384 3,575691,820 156 510,143 3,044 168 161 184 328466,198 559,882 507,4363,037 154 3,320 169 3,142 161 198Sep-15 1,398 3,631719,434 164 439,079 2,895 152 167 178 328446,247 801,795 604,6272,988 149 3,845 209 3,350 180 195Aug-15 1,373 3,616705,983 145 460,008 2,983 154 240 158 302436,313 602,294 542,4602,875 152 3,512 172 3,157 172 192Jul-15 1,419 3,582686,894 236 441,221 2,920 151 237 112 412523,560 581,098 492,1103,278 160 3,414 170 3,096 159 198Jun-15 1,377 3,658724,756 219 521,479 3,119 167 290 151 424553,793 740,608 588,3253,246 171 3,620 205 3,308 178 196May-15 1,292 3,652716,272 241 493,391 3,055 161 232 98 395479,580 591,593 534,7333,114 154 3,551 167 3,204 167 198Apr-15 1,256 3,706733,707 255 547,136 3,240 169 204 104 450471,664 652,049 631,7873,022 156 3,609 181 3,428 184 199Mar-15 1,143 3,704736,017 257 551,355 3,159 175 208 80 390407,694 779,220 631,5352,842 143 3,876 201 3,426 184 199Feb-15 1,027 3,678731,073 200 457,470 2,954 155 132 74 298439,452 869,575 567,0273,019 146 3,898 223 3,299 172 199Jan-15 987 3,671729,362 153 455,602 3,024 151 127 105 309526,636 650,816 573,8303,167 166 3,488 187 3,300 174 198Dec-14 943 3,662724,014 147 531,243 3,155 168 211 118 174445,794 526,144 602,5942,960 151 3,271 161 3,318 182 194Nov-14 995 3,613699,317 144 453,484 2,933 155 127 82 217510,416 641,764 546,6133,175 161 3,612 178 3,148 173 189Oct-14 1,042 3,566674,284 180 445,566 2,914 153 165 84 245404,115 538,062 506,4032,815 144 3,331 162 3,112 163 189Sep-14 1,039 3,558671,450 140 452,221 2,891 156 187 102 258410,118 546,968 490,3552,878 143 3,321 165 3,061 160 188Aug-14 1,097 3,544665,262 221 438,692 2,918 150 229 95 312444,543 649,640 472,9782,955 150 3,539 184 3,050 155 188Jul-14 1,066 3,521662,449 202 408,753 2,801 146 303 79 376413,571 523,798 476,5092,884 144 3,182 165 3,050 156 189Jun-14 1,041 3,545669,656 275 450,989 2,980 151 269 76 370455,421 606,394 502,5303,025 150 3,480 174 3,144 160 191May-14 985 3,546676,445 259 446,086 2,930 152 269 55 407468,861 719,752 549,0343,049 153 3,745 192 3,202 171 191Apr-14 895 3,584683,527 277 487,094 3,081 158 228 40 383441,674 849,744 523,1402,999 147 4,130 206 3,212 163 192Mar-14 830 3,586686,919 260 449,140 3,004 149 206 58 366437,658 723,662 489,7663,025 145 3,737 194 3,080 159 200Feb-14 690 3,710741,490 185 515,781 3,108 166 143 41 244442,656 617,564 529,8282,986 148 3,313 186 3,208 164 © 2016 - 2017 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 03/02/162 ofBrokerMetrics® Information not guaranteed. © 2006 - 2016 Terradatum and its suppliers and licensors (http://www.terradatum.com/metrics/licensors).
  8. 8. l Page 1 9000 Forest Crossing, The Woodlands, Texas 77381 Office: 281.367.3531 or 800.932.72539000 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 – March 2nd , 2016 Q. Is it a Seller’s Market or a Buyer’s Market? A. 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. Here’s a break down by price. PRICE RANGE MONTHS SUPPLY OF LISTING INVENTORY $000,000 – $200,000 . . . . . . . . . . . . 1.1 Months [24 Active] $200,001 – $300,000 . . . . . . . . . . . . 2.3 Months [115 Active] $300,001 – $400,000 . . . . . . . . . . . . 4.6 Months [160 Active] $400,001 – $500,000 . . . . . . . . . . . . 4.8 Months [104 Active] $500,001 – $600,000 . . . . . . . . . . . . 6.1 Months [106 Active] $600,001 – $700,000 . . . . . . . . . . . . 5.7 Months [71 Active] $700,001 – $800,000 . . . . . . . . . . . . 6.3 Months [48 Active] $800,001 – $900,000 . . . . . . . . . . . . 5.7 Months [42 Active] $900,001 – $1,000,000 . . . . . . . . . . 9.2 Months [39 Active] $1,000,001 - $1,500,000 . . . . . . . . . 12.3 Months [72 Active] $1,500,001 - $2,000,000 . . . . . . . . 12.7 Months [37 Active] $2,000,001 - $3,000,000+ . . . . . . . 11.0 Months [23 Active] $3,000,001+. . . . . . . . . . . . . . . . . . 39.0 Months [26 Active] All Price Ranges . . . . . . . . . . . . . . 4.6 Months [859 Active] What does this mean? For Buyers: When shopping seller’s market price ranges, when you find something you love, don’t hesitate to submit an offer. When shopping buyer’s market price ranges the services of a knowledgeable negotiator will help you secure the very best price and terms. What ever your price range, for the best possible price and terms call today. For Sellers: In a buyer’s market you’ll need maximum exposure, fierce marketing and a skilled negotiator to help you win. To sell your property for HIGHEST possible price and the BEST possible terms call us today. 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.
  9. 9. BHGRE Gary GreeneMarket Dynamics 2 Years (Monthly) 02/01/14 - 02/29/16 Average DOM for Under Contract Properties Monthly % 1.17 107 Total % Change Sq Ft: Bathrooms:All All DOM Construction Type: Sublocations: Period: Property Types: 28.02 85.58 Monthly Change 3.57 Lot Size:All KEY INFORMATION Single-Family: (Free Standing, Patio Home) All HAR AllBedrooms: Total Change AllMLS: Price:2 Years (Monthly) Information not guaranteed. © 2006 - 2016 Terradatum and its suppliers and licensors (http://www.terradatum.com/metrics/licensors). BrokerMetrics® 1 of 2 © 2016 - 2017 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 03/02/16
  10. 10. Average DOM for Under Contract Properties Market Dynamics BHGRE Gary Greene 2 Years (Monthly) 02/01/14 - 02/29/16 Period Avg DOM Avg CDOMContract # UnderTime 60Feb-16 107204 63Jan-16 122123 71Dec-15 121111 55Nov-15 95126 61Oct-15 111156 52Sep-15 80164 41Aug-15 69145 40Jul-15 64236 47Jun-15 70219 41May-15 63241 41Apr-15 58255 49Mar-15 65257 50Feb-15 91200 59Jan-15 84153 68Dec-14 95147 49Nov-14 73144 45Oct-14 64180 43Sep-14 61140 39Aug-14 49221 34Jul-14 44202 32Jun-14 42275 25May-14 29259 30Apr-14 46277 30Mar-14 48260 43Feb-14 56185 2 © 2016 - 2017 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 03/02/16 Information not guaranteed. © 2006 - 2016 Terradatum and its suppliers and licensors (http://www.terradatum.com/metrics/licensors). BrokerMetrics® 2 of
  11. 11. Months Supply of Inventory (UC Calculation) Market Dynamics 2 Years (Monthly) 02/01/14 - 02/29/16 BHGRE Gary Greene Sublocations: 190.49 Price:HAR Bedrooms:Period: Monthly % MSI-UC 2 Years (Monthly) 107 7.94 Single-Family: (Free Standing, Patio Home) Total % Change Property Types: KEY INFORMATION All All Lot Size:All 4.49 Monthly Change 0.19 Total Change Sq Ft: AllAll Bathrooms:MLS: AllConstruction Type: Information not guaranteed. © 2006 - 2016 Terradatum and its suppliers and licensors (http://www.terradatum.com/metrics/licensors). BrokerMetrics® 1 of 2 © 2016 - 2017 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 03/02/16
  12. 12. BHGRE Gary GreeneMarket Dynamics Months Supply of Inventory (UC Calculation) 2 Years (Monthly) 02/01/14 - 02/29/16 Period NAR MSI # SoldMSI # For Sale Last Day of Month # Under Contract Time 8.6Feb-16 204 1008584.2 8.3Jan-16 123 1038526.9 5.5Dec-15 111 1588687.8 8.8Nov-15 126 1161,0178.1 6.5Oct-15 156 1611,0446.7 6.3Sep-15 164 1671,0566.4 4.5Aug-15 145 2401,0707.4 4.5Jul-15 236 2371,0714.5 3.5Jun-15 219 2901,0074.6 4.1May-15 241 2329534.0 4.4Apr-15 255 2048973.5 3.9Mar-15 257 2088063.1 5.7Feb-15 200 1327533.8 5.7Jan-15 153 1277294.8 3.2Dec-14 147 2116784.6 6.1Nov-14 144 1277695.3 4.7Oct-14 180 1657784.3 4.3Sep-14 140 1877975.7 3.4Aug-14 221 2297813.5 2.6Jul-14 202 3037853.9 2.6Jun-14 275 2696902.5 2.5May-14 259 2696712.6 2.5Apr-14 277 2285782.1 2.5Mar-14 260 2065122.0 3.2Feb-14 185 1434642.5 2 © 2016 - 2017 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 03/02/16 Information not guaranteed. © 2006 - 2016 Terradatum and its suppliers and licensors (http://www.terradatum.com/metrics/licensors). BrokerMetrics® 2 of

×