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The	Home	Sales	Real	Estate	Report	
Spring	TX	|	77386	|	December,	2016	
	
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		
	
9000 Forest Crossing Drive | The Woodlands TX | 281-367-3531
281-367-3531
KEY INFORMATION
2 Years (Monthly) 11/01/14 - 11/30/16
Market Dynamics BHGRE Gary Greene
Sold Average vs. Median Price
Monthly % Total % Change
19.56
0.30
Monthly Change
1,681.08Median
Total Change
Average 786.54 18,877.01 7.15
40,345.940.82
ZIP Codes:
All
Bathrooms:
Single-Family: (Residential) Sq Ft:
HAR AllAll AllAllAll Lot Size:Bedrooms:
Property Types:
77386
2 Years (Monthly) Construction Type:Price:Period:MLS:
12/06/16BrokerMetrics®
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
BHGRE Gary Greene
2 Years (Monthly) 11/01/14 - 11/30/16
Market Dynamics
Sold Average vs. Median Price
Time Period # Properties Sold Sold Average $ Sold Median $ Sold Avg DOMAverage $ - Median $ Median $ as % of Average $
119Nov-16 286,584 87.2249,992 36,592 66
111Oct-16 285,700 90.7259,000 26,700 59
126Sep-16 281,730 90.5255,000 26,730 61
144Aug-16 295,311 85.2251,500 43,811 61
136Jul-16 272,120 84.1228,875 43,245 57
150Jun-16 278,558 82.5229,728 48,830 69
125May-16 266,842 85.8229,000 37,842 58
125Apr-16 281,090 87.2245,000 36,090 63
109Mar-16 275,141 81.4224,000 51,141 49
90Feb-16 248,294 80.0198,500 49,794 55
73Jan-16 267,086 76.8205,000 62,086 70
122Dec-15 281,293 93.3262,590 18,703 54
83Nov-15 245,259 79.9196,000 49,259 58
100Oct-15 256,528 79.7204,500 52,028 55
107Sep-15 273,669 85.9235,000 38,669 55
133Aug-15 282,538 81.4229,900 52,638 43
137Jul-15 304,688 78.0237,500 67,188 44
131Jun-15 283,661 84.4239,500 44,161 55
111May-15 311,157 74.4231,550 79,607 50
105Apr-15 279,577 77.4216,500 63,077 52
99Mar-15 269,214 79.5214,000 55,214 51
85Feb-15 262,715 83.0218,000 44,715 58
47Jan-15 249,899 78.4196,000 53,899 46
99Dec-14 247,055 85.0209,990 37,065 52
90Nov-14 248,031 77.8193,000 55,031 49
© 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 12/06/162 ofBrokerMetrics®
Information not guaranteed. © 2006 - 2016 Terradatum and its suppliers and licensors (http://www.terradatum.com/metrics/licensors).
Market Dynamics
Average $/SQFT (FS, Sold)
2 Years (Monthly) 11/01/14 - 11/30/16
BHGRE Gary Greene
Price:
-0.16
All
All All
0.10
-4.71
Property Types:
HAR
Sold $/SQFT
For Sale $/SQFT
MLS: All
0.10
Bathrooms:
-0.20
All
2.322.39
Construction Type:
Total Change
Sq Ft:
Monthly Change
2 Years (Monthly)
ZIP Codes:
All
-3.86
Lot Size:Period:
Monthly %
Bedrooms:
KEY INFORMATION
Total % Change
Single-Family: (Residential)
77386
12/06/16BrokerMetrics®
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
Average $/SQFT (FS, Sold)
2 Years (Monthly) 11/01/14 - 11/30/16
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
121Nov-16 524 3,059370,080 99 312,748 2,680 117 119 53 119286,584 384,886 329,1892,717 105 3,176 121 2,792 118
119Oct-16 575 3,039361,160 117 300,979 2,735 110 111 53 152285,700 334,038 303,1142,714 105 2,958 113 2,704 112
118Sep-16 611 3,091364,425 121 305,023 2,795 109 126 67 184281,730 360,635 324,2582,725 103 3,195 113 2,850 114
116Aug-16 618 3,074357,981 127 291,181 2,718 107 144 64 167295,311 332,060 325,0442,741 108 2,971 110 2,842 114
115Jul-16 640 3,051352,128 134 293,681 2,691 109 136 55 172272,120 346,527 300,8222,622 104 3,033 114 2,760 109
116Jun-16 665 3,066356,611 142 306,768 2,729 112 150 55 216278,558 362,984 297,6322,603 107 3,156 115 2,790 107
119May-16 656 3,059363,152 153 295,117 2,634 112 125 54 203266,842 374,391 326,1572,578 104 3,102 121 2,854 114
118Apr-16 616 3,050359,233 118 270,017 2,600 104 125 45 216281,090 386,841 325,2092,674 105 3,209 121 2,813 116
117Mar-16 584 3,064359,579 132 278,763 2,597 107 109 52 193275,141 426,057 311,3852,611 105 3,387 124 2,789 112
118Feb-16 559 3,058362,410 121 283,781 2,553 111 90 47 158248,294 390,482 315,0492,390 104 3,174 123 2,826 111
119Jan-16 534 3,038361,147 90 268,510 2,487 108 73 43 142267,086 369,236 298,3552,593 103 3,155 117 2,713 110
121Dec-15 520 3,121379,836 83 284,491 2,650 107 122 45 98281,293 520,352 306,6542,713 104 3,677 142 2,725 113
121Nov-15 568 3,119379,422 89 286,709 2,684 107 83 57 121245,259 395,306 343,6542,420 101 3,104 127 2,958 116
120Oct-15 598 3,041365,243 102 252,785 2,410 105 100 49 143256,528 381,659 324,9712,547 101 3,251 120 2,856 115
120Sep-15 639 3,047364,990 109 285,336 2,697 106 107 75 169273,669 402,436 315,4402,664 103 3,246 124 2,795 113
120Aug-15 635 3,023363,302 106 258,780 2,456 105 133 59 182282,538 395,713 304,5282,604 108 3,129 126 2,716 112
120Jul-15 615 3,059368,642 121 306,162 2,734 112 137 41 216304,688 351,130 299,6512,824 108 3,051 115 2,677 111
120Jun-15 573 3,132376,880 128 303,973 2,734 111 131 46 190283,661 327,252 331,5712,646 107 3,099 106 2,833 117
121May-15 556 3,175383,354 124 294,936 2,685 110 111 49 186311,157 482,018 332,9492,868 108 3,584 134 2,914 114
121Apr-15 537 3,168382,014 120 295,964 2,688 110 105 47 198279,577 391,690 304,5742,590 108 3,312 118 2,798 109
124Mar-15 490 3,188394,236 127 301,155 2,669 113 99 24 177269,214 420,545 352,7652,627 102 3,152 133 2,957 119
122Feb-15 422 3,188387,473 85 275,047 2,665 103 85 24 120262,715 391,597 339,1372,582 102 3,345 117 2,966 114
120Jan-15 411 3,097371,807 86 251,388 2,453 102 47 23 147249,899 364,183 306,2042,477 101 3,138 116 2,767 111
122Dec-14 363 3,164384,936 70 270,054 2,580 105 99 29 89247,055 449,213 288,7082,494 99 3,521 128 2,695 107
121Nov-14 382 3,122376,682 81 261,926 2,539 103 90 27 92248,031 319,996 294,6962,434 102 2,889 111 2,702 109
© 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 12/06/162 ofBrokerMetrics®
Information not guaranteed. © 2006 - 2016 Terradatum and its suppliers and licensors (http://www.terradatum.com/metrics/licensors).
BHGRE Gary GreeneMarket Dynamics
2 Years (Monthly) 11/01/14 - 11/30/16
Average DOM for Under Contract Properties
Monthly %
0.71
77386
Total % Change
Sq Ft:
Bathrooms:All All
DOM
Construction Type:
ZIP Codes:
Period:
Property Types:
17.01 35.31
Monthly Change
1.47
Lot Size:All
KEY INFORMATION
Single-Family: (Residential) 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
12/06/16
Average DOM for Under Contract Properties
Market Dynamics BHGRE Gary Greene
2 Years (Monthly) 11/01/14 - 11/30/16
Period Avg DOM Avg CDOMContract
# UnderTime
66Nov-16 99
62Oct-16 117
71Sep-16 121
55Aug-16 127
69Jul-16 134
61Jun-16 142
62May-16 153
63Apr-16 118
57Mar-16 132
50Feb-16 121
59Jan-16 90
62Dec-15 83
64Nov-15 89
50Oct-15 102
59Sep-15 109
53Aug-15 106
43Jul-15 121
50Jun-15 128
53May-15 124
47Apr-15 120
48Mar-15 127
46Feb-15 85
59Jan-15 86
57Dec-14 70
48Nov-14 81
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
12/06/16
Information not guaranteed. © 2006 - 2016 Terradatum and its suppliers and licensors (http://www.terradatum.com/metrics/licensors).
BrokerMetrics® 2 of
l Page 1
9000 Forest Crossing, The Woodlands, Texas 77381 Office: 281.367.3531 or 800.932.7253
Spring | 77386 | Homes Sales Real Estate Report
Months Supply Of “For Sale” Listing Inventory – November 4th
, 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 is
considered a seller’s market. Here’s a break down by price.
Months Supply December 4th December
Price Range Of Listing Inventory Active Listings Under Contract
$000,000 – $200,000 1.1 Months 49 25
$200,001 – $300,000 3.2 Months 126 35
$300,001 – $400,000 5.2 Months 94 20
$400,001 – $500,000 4.9 Months 42 9
$500,001 – $600,000 4.7 Months 19 2
$600,001 – $700,000 3.8 Months 11 2
$700,001 – $800,000 4.8 Months 10 1
$800,001 – $900,000 13.7 Months 8 0
$900,001 – $1,000,000 15.0 Months 5 1
$1,000,001+ 18.0 Months 9 0
All Price Ranges 3.2 Months 373 97
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 us
today – 281-367-3531
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 – 281-367-
3531.
Closing Thoughts:
While mulling over these inventory numbers, keep in mind these figures represent big averages across the 77386
zip code. 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.
Months Supply of Inventory (UC Calculation)
Market Dynamics
2 Years (Monthly) 11/01/14 - 11/30/16
BHGRE Gary Greene
ZIP Codes:
1.18
Price:HAR Bedrooms:Period:
Monthly %
MSI-UC
2 Years (Monthly)
77386
0.05
Single-Family: (Residential)
Total % Change
Property Types:
KEY INFORMATION
All
All Lot Size:All
0.04
Monthly Change
0.00
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
12/06/16
BHGRE Gary GreeneMarket Dynamics
Months Supply of Inventory (UC Calculation)
2 Years (Monthly) 11/01/14 - 11/30/16
Period NAR MSI # SoldMSI
# For Sale Last
Day of Month
# Under
Contract
Time
3.1Nov-16 99 1193723.8
3.6Oct-16 117 1114053.5
3.4Sep-16 121 1264233.5
3.0Aug-16 127 1444273.4
3.3Jul-16 134 1364513.4
3.1Jun-16 142 1504683.3
3.6May-16 153 1254492.9
3.6Apr-16 118 1254533.8
3.7Mar-16 132 1094003.0
4.3Feb-16 121 903913.2
5.5Jan-16 90 734014.5
3.2Dec-15 83 1223924.7
5.1Nov-15 89 834224.7
4.5Oct-15 102 1004474.4
4.3Sep-15 109 1074554.2
3.5Aug-15 106 1334704.4
3.3Jul-15 121 1374533.7
3.0Jun-15 128 1313993.1
3.5May-15 124 1113833.1
3.5Apr-15 120 1053703.1
3.4Mar-15 127 993392.7
3.7Feb-15 85 853133.7
6.4Jan-15 86 473023.5
2.7Dec-14 70 992643.8
3.0Nov-14 81 902743.4
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
12/06/16
Information not guaranteed. © 2006 - 2016 Terradatum and its suppliers and licensors (http://www.terradatum.com/metrics/licensors).
BrokerMetrics® 2 of

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Spring TX Home Sales Report Shows Strong Seller's Market in Lower Price Ranges

  • 2. KEY INFORMATION 2 Years (Monthly) 11/01/14 - 11/30/16 Market Dynamics BHGRE Gary Greene Sold Average vs. Median Price Monthly % Total % Change 19.56 0.30 Monthly Change 1,681.08Median Total Change Average 786.54 18,877.01 7.15 40,345.940.82 ZIP Codes: All Bathrooms: Single-Family: (Residential) Sq Ft: HAR AllAll AllAllAll Lot Size:Bedrooms: Property Types: 77386 2 Years (Monthly) Construction Type:Price:Period:MLS: 12/06/16BrokerMetrics® 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
  • 3. BHGRE Gary Greene 2 Years (Monthly) 11/01/14 - 11/30/16 Market Dynamics Sold Average vs. Median Price Time Period # Properties Sold Sold Average $ Sold Median $ Sold Avg DOMAverage $ - Median $ Median $ as % of Average $ 119Nov-16 286,584 87.2249,992 36,592 66 111Oct-16 285,700 90.7259,000 26,700 59 126Sep-16 281,730 90.5255,000 26,730 61 144Aug-16 295,311 85.2251,500 43,811 61 136Jul-16 272,120 84.1228,875 43,245 57 150Jun-16 278,558 82.5229,728 48,830 69 125May-16 266,842 85.8229,000 37,842 58 125Apr-16 281,090 87.2245,000 36,090 63 109Mar-16 275,141 81.4224,000 51,141 49 90Feb-16 248,294 80.0198,500 49,794 55 73Jan-16 267,086 76.8205,000 62,086 70 122Dec-15 281,293 93.3262,590 18,703 54 83Nov-15 245,259 79.9196,000 49,259 58 100Oct-15 256,528 79.7204,500 52,028 55 107Sep-15 273,669 85.9235,000 38,669 55 133Aug-15 282,538 81.4229,900 52,638 43 137Jul-15 304,688 78.0237,500 67,188 44 131Jun-15 283,661 84.4239,500 44,161 55 111May-15 311,157 74.4231,550 79,607 50 105Apr-15 279,577 77.4216,500 63,077 52 99Mar-15 269,214 79.5214,000 55,214 51 85Feb-15 262,715 83.0218,000 44,715 58 47Jan-15 249,899 78.4196,000 53,899 46 99Dec-14 247,055 85.0209,990 37,065 52 90Nov-14 248,031 77.8193,000 55,031 49 © 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 12/06/162 ofBrokerMetrics® Information not guaranteed. © 2006 - 2016 Terradatum and its suppliers and licensors (http://www.terradatum.com/metrics/licensors).
  • 4. Market Dynamics Average $/SQFT (FS, Sold) 2 Years (Monthly) 11/01/14 - 11/30/16 BHGRE Gary Greene Price: -0.16 All All All 0.10 -4.71 Property Types: HAR Sold $/SQFT For Sale $/SQFT MLS: All 0.10 Bathrooms: -0.20 All 2.322.39 Construction Type: Total Change Sq Ft: Monthly Change 2 Years (Monthly) ZIP Codes: All -3.86 Lot Size:Period: Monthly % Bedrooms: KEY INFORMATION Total % Change Single-Family: (Residential) 77386 12/06/16BrokerMetrics® 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. Average $/SQFT (FS, Sold) 2 Years (Monthly) 11/01/14 - 11/30/16 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 121Nov-16 524 3,059370,080 99 312,748 2,680 117 119 53 119286,584 384,886 329,1892,717 105 3,176 121 2,792 118 119Oct-16 575 3,039361,160 117 300,979 2,735 110 111 53 152285,700 334,038 303,1142,714 105 2,958 113 2,704 112 118Sep-16 611 3,091364,425 121 305,023 2,795 109 126 67 184281,730 360,635 324,2582,725 103 3,195 113 2,850 114 116Aug-16 618 3,074357,981 127 291,181 2,718 107 144 64 167295,311 332,060 325,0442,741 108 2,971 110 2,842 114 115Jul-16 640 3,051352,128 134 293,681 2,691 109 136 55 172272,120 346,527 300,8222,622 104 3,033 114 2,760 109 116Jun-16 665 3,066356,611 142 306,768 2,729 112 150 55 216278,558 362,984 297,6322,603 107 3,156 115 2,790 107 119May-16 656 3,059363,152 153 295,117 2,634 112 125 54 203266,842 374,391 326,1572,578 104 3,102 121 2,854 114 118Apr-16 616 3,050359,233 118 270,017 2,600 104 125 45 216281,090 386,841 325,2092,674 105 3,209 121 2,813 116 117Mar-16 584 3,064359,579 132 278,763 2,597 107 109 52 193275,141 426,057 311,3852,611 105 3,387 124 2,789 112 118Feb-16 559 3,058362,410 121 283,781 2,553 111 90 47 158248,294 390,482 315,0492,390 104 3,174 123 2,826 111 119Jan-16 534 3,038361,147 90 268,510 2,487 108 73 43 142267,086 369,236 298,3552,593 103 3,155 117 2,713 110 121Dec-15 520 3,121379,836 83 284,491 2,650 107 122 45 98281,293 520,352 306,6542,713 104 3,677 142 2,725 113 121Nov-15 568 3,119379,422 89 286,709 2,684 107 83 57 121245,259 395,306 343,6542,420 101 3,104 127 2,958 116 120Oct-15 598 3,041365,243 102 252,785 2,410 105 100 49 143256,528 381,659 324,9712,547 101 3,251 120 2,856 115 120Sep-15 639 3,047364,990 109 285,336 2,697 106 107 75 169273,669 402,436 315,4402,664 103 3,246 124 2,795 113 120Aug-15 635 3,023363,302 106 258,780 2,456 105 133 59 182282,538 395,713 304,5282,604 108 3,129 126 2,716 112 120Jul-15 615 3,059368,642 121 306,162 2,734 112 137 41 216304,688 351,130 299,6512,824 108 3,051 115 2,677 111 120Jun-15 573 3,132376,880 128 303,973 2,734 111 131 46 190283,661 327,252 331,5712,646 107 3,099 106 2,833 117 121May-15 556 3,175383,354 124 294,936 2,685 110 111 49 186311,157 482,018 332,9492,868 108 3,584 134 2,914 114 121Apr-15 537 3,168382,014 120 295,964 2,688 110 105 47 198279,577 391,690 304,5742,590 108 3,312 118 2,798 109 124Mar-15 490 3,188394,236 127 301,155 2,669 113 99 24 177269,214 420,545 352,7652,627 102 3,152 133 2,957 119 122Feb-15 422 3,188387,473 85 275,047 2,665 103 85 24 120262,715 391,597 339,1372,582 102 3,345 117 2,966 114 120Jan-15 411 3,097371,807 86 251,388 2,453 102 47 23 147249,899 364,183 306,2042,477 101 3,138 116 2,767 111 122Dec-14 363 3,164384,936 70 270,054 2,580 105 99 29 89247,055 449,213 288,7082,494 99 3,521 128 2,695 107 121Nov-14 382 3,122376,682 81 261,926 2,539 103 90 27 92248,031 319,996 294,6962,434 102 2,889 111 2,702 109 © 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 12/06/162 ofBrokerMetrics® Information not guaranteed. © 2006 - 2016 Terradatum and its suppliers and licensors (http://www.terradatum.com/metrics/licensors).
  • 6. BHGRE Gary GreeneMarket Dynamics 2 Years (Monthly) 11/01/14 - 11/30/16 Average DOM for Under Contract Properties Monthly % 0.71 77386 Total % Change Sq Ft: Bathrooms:All All DOM Construction Type: ZIP Codes: Period: Property Types: 17.01 35.31 Monthly Change 1.47 Lot Size:All KEY INFORMATION Single-Family: (Residential) 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 12/06/16
  • 7. Average DOM for Under Contract Properties Market Dynamics BHGRE Gary Greene 2 Years (Monthly) 11/01/14 - 11/30/16 Period Avg DOM Avg CDOMContract # UnderTime 66Nov-16 99 62Oct-16 117 71Sep-16 121 55Aug-16 127 69Jul-16 134 61Jun-16 142 62May-16 153 63Apr-16 118 57Mar-16 132 50Feb-16 121 59Jan-16 90 62Dec-15 83 64Nov-15 89 50Oct-15 102 59Sep-15 109 53Aug-15 106 43Jul-15 121 50Jun-15 128 53May-15 124 47Apr-15 120 48Mar-15 127 46Feb-15 85 59Jan-15 86 57Dec-14 70 48Nov-14 81 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 12/06/16 Information not guaranteed. © 2006 - 2016 Terradatum and its suppliers and licensors (http://www.terradatum.com/metrics/licensors). BrokerMetrics® 2 of
  • 8. l Page 1 9000 Forest Crossing, The Woodlands, Texas 77381 Office: 281.367.3531 or 800.932.7253 Spring | 77386 | Homes Sales Real Estate Report Months Supply Of “For Sale” Listing Inventory – November 4th , 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 is considered a seller’s market. Here’s a break down by price. Months Supply December 4th December Price Range Of Listing Inventory Active Listings Under Contract $000,000 – $200,000 1.1 Months 49 25 $200,001 – $300,000 3.2 Months 126 35 $300,001 – $400,000 5.2 Months 94 20 $400,001 – $500,000 4.9 Months 42 9 $500,001 – $600,000 4.7 Months 19 2 $600,001 – $700,000 3.8 Months 11 2 $700,001 – $800,000 4.8 Months 10 1 $800,001 – $900,000 13.7 Months 8 0 $900,001 – $1,000,000 15.0 Months 5 1 $1,000,001+ 18.0 Months 9 0 All Price Ranges 3.2 Months 373 97 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 us today – 281-367-3531 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 – 281-367- 3531. Closing Thoughts: While mulling over these inventory numbers, keep in mind these figures represent big averages across the 77386 zip code. 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. Months Supply of Inventory (UC Calculation) Market Dynamics 2 Years (Monthly) 11/01/14 - 11/30/16 BHGRE Gary Greene ZIP Codes: 1.18 Price:HAR Bedrooms:Period: Monthly % MSI-UC 2 Years (Monthly) 77386 0.05 Single-Family: (Residential) Total % Change Property Types: KEY INFORMATION All All Lot Size:All 0.04 Monthly Change 0.00 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 12/06/16
  • 10. BHGRE Gary GreeneMarket Dynamics Months Supply of Inventory (UC Calculation) 2 Years (Monthly) 11/01/14 - 11/30/16 Period NAR MSI # SoldMSI # For Sale Last Day of Month # Under Contract Time 3.1Nov-16 99 1193723.8 3.6Oct-16 117 1114053.5 3.4Sep-16 121 1264233.5 3.0Aug-16 127 1444273.4 3.3Jul-16 134 1364513.4 3.1Jun-16 142 1504683.3 3.6May-16 153 1254492.9 3.6Apr-16 118 1254533.8 3.7Mar-16 132 1094003.0 4.3Feb-16 121 903913.2 5.5Jan-16 90 734014.5 3.2Dec-15 83 1223924.7 5.1Nov-15 89 834224.7 4.5Oct-15 102 1004474.4 4.3Sep-15 109 1074554.2 3.5Aug-15 106 1334704.4 3.3Jul-15 121 1374533.7 3.0Jun-15 128 1313993.1 3.5May-15 124 1113833.1 3.5Apr-15 120 1053703.1 3.4Mar-15 127 993392.7 3.7Feb-15 85 853133.7 6.4Jan-15 86 473023.5 2.7Dec-14 70 992643.8 3.0Nov-14 81 902743.4 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 12/06/16 Information not guaranteed. © 2006 - 2016 Terradatum and its suppliers and licensors (http://www.terradatum.com/metrics/licensors). BrokerMetrics® 2 of