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 Home Sales Report - January 2016

604 views

Published on

Here's everything you need to know about The Woodlands real estate market.

Published in: Real Estate
  • Be the first to comment

  • Be the first to like this

The Woodlands Home Sales Report - January 2016

  1. 1. The Home Sales Real Estate Report The Woodlands | January, 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 Sold Price To Original List Price Percentage 9000 Forest Crossing Drive | The Woodlands TX 77381 | 281-367-3531 281-367-3531
  2. 2. The Woodlands Texas Real Estate Report Listing Inventory - Month-To-Month 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 2014 Listing Inventory Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec 2016 788 2015 591 630 658 731 818 863 912 947 925 917 906 889 2014 355 366 373 445 497 556 617 682 669 680 652 645
  3. 3. The Woodlands Texas Real Estate Report Properties Placed Under Contract - Month-To-Month Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec 2015 170 217 278 279 275 249 261 161 180 173 134 119 2014 195 203 277 314 300 297 218 233 155 197 147 166 2013 182 257 290 327 364 304 270 228 177 212 138 149 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 2013 Contracts Written 2014 Contracts Written 2015 Contracts Written
  4. 4. The Woodlands Homes Sales Snapshot 2015 and January 2016 All Brokers Combined / Single Family / Houston MLS Data Average Sold Price 2015: $473,270 (2,275 closed sales) 2014: $439,092 (2,478 closed sales) 2013: $411,336 (2,686 closed sales) Median Sold Price 2015: $357,736 2014: $340,000 2013: $310,000 Days On Market For Sold Properties 2015: 48 DOM 2014: 37 DOM 2013: 37 DOM Listing Inventory at 5:59PM, January 2nd, 2016 Total Active Listings In All Price Ranges: 794 Months Supply Of Inventory: 4.2 Months Price Range: $152,000 to $15,000,000 Average Days On Market: 110 Days Average List Price: $775,044 Median List Price: $475,280 Compliments Of: Better Homes And Gardens Real Estate Gary Greene 9000 Forest Crossing, The Woodlands TX
  5. 5. KEY INFORMATION 3 Years (Quarterly) Q4 2012 - Q4 2015 Market Dynamics BHGRE Gary Greene Sold Average vs. Median Price Quarterly % Total % Change 27.64 2.11 Quarterly Change 6,703.69Median Total Change Average 8,145.56 97,746.69 25.29 80,444.302.30 Sublocations: All Bathrooms: Single-Family: (Free Standing, Patio Home) Sq Ft: HAR AllAll AllAllAll Lot Size:Bedrooms: Property Types: 107 3 Years (Quarterly) Construction Type:Price:Period:MLS: 01/02/16BrokerMetrics® Information not guaranteed. © 2016 - 2017 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
  6. 6. BHGRE Gary Greene 3 Years (Quarterly) Q4 2012 - Q4 2015 Market Dynamics Sold Average vs. Median Price Time Period # Properties Sold Sold Average $ Sold Median $ Sold Avg DOMAverage $ - Median $ Median $ as % of Average $ 412Q4 2015 458,453 72.8333,600 124,853 56 646Q3 2015 470,498 79.5374,250 96,248 43 726Q2 2015 507,000 74.2376,250 130,750 43 467Q1 2015 449,017 76.8345,000 104,017 55 503Q4 2014 448,438 78.0350,000 98,438 48 719Q3 2014 422,538 81.1342,500 80,038 32 766Q2 2014 456,049 76.6349,500 106,549 31 474Q1 2014 435,442 73.3319,125 116,317 42 519Q4 2013 430,840 76.4329,000 101,840 42 780Q3 2013 423,354 75.0317,306 106,049 28 859Q2 2013 414,065 74.9310,000 104,065 32 512Q1 2013 373,925 77.3289,200 84,725 53 548Q4 2012 370,342 72.9270,000 100,342 55 © 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 01/02/162 ofBrokerMetrics® Information not guaranteed. © 2016 - 2017 Terradatum and its suppliers and licensors (http://www.terradatum.com/metrics/licensors).
  7. 7. Market Dynamics Average $/SQFT (Sold) 3 Years (Quarterly) Q4 2012 - Q4 2015 BHGRE Gary Greene Price: 1.94 All All All 30.14 Property Types: HAR Sold $/SQFT MLS: AllBathrooms: 2.51 All Construction Type: Total Change Sq Ft: Quarterly Change 3 Years (Quarterly) Sublocations: All 23.28 Lot Size:Period: Quarterly % Bedrooms: KEY INFORMATION Total % Change Single-Family: (Free Standing, Patio Home) 107 01/02/16BrokerMetrics® Information not guaranteed. © 2016 - 2017 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
  8. 8. Average $/SQFT (Sold) 3 Years (Quarterly) Q4 2012 - Q4 2015 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 191Q4 2015 1,752 3,483665,577 406 488,633 3,003 163 412 563 719458,453 643,246 532,0242,989 153 3,504 184 3,141 169 188Q3 2015 2,048 3,480654,346 547 445,687 2,929 152 646 468 1,042470,498 668,257 544,6193,049 154 3,594 186 3,194 171 189Q2 2015 2,075 3,527667,110 715 521,020 3,140 166 726 354 1,271507,000 675,472 588,2803,141 161 3,602 188 3,316 177 191Q1 2015 1,676 3,546677,959 610 496,556 3,058 162 467 262 997449,017 751,186 594,7832,980 151 3,717 202 3,349 178 186Q4 2014 1,434 3,471646,279 471 474,727 2,995 159 503 284 637448,438 563,052 546,2302,967 151 3,387 166 3,180 172 179Q3 2014 1,636 3,358599,347 563 431,314 2,869 150 719 276 946422,538 575,676 479,4112,905 145 3,357 172 3,052 157 180Q2 2014 1,672 3,394610,738 811 461,755 2,999 154 766 171 1,160456,049 699,778 525,6513,026 150 3,717 188 3,187 165 184Q1 2014 1,284 3,441631,633 626 467,287 3,042 153 474 146 844435,442 733,543 540,7673,000 145 3,667 200 3,211 168 182Q4 2013 1,059 3,480632,722 450 429,936 3,008 143 519 169 524430,840 721,726 517,2763,032 142 3,691 196 3,138 165 172Q3 2013 1,351 3,406584,621 625 432,172 2,972 145 780 191 821423,354 632,018 489,7023,044 139 3,681 172 3,147 156 164Q2 2013 1,572 3,386554,736 903 445,736 3,100 144 859 139 1,085414,065 588,254 469,4913,052 136 3,638 162 3,162 148 163Q1 2013 1,296 3,441560,075 665 397,538 3,015 132 512 144 823373,925 686,435 473,5692,954 127 3,899 176 3,221 147 164Q4 2012 1,176 3,376551,606 487 392,032 2,949 133 548 216 553370,342 563,235 418,4392,956 125 3,360 168 3,041 138 © 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 01/02/162 ofBrokerMetrics® Information not guaranteed. © 2016 - 2017 Terradatum and its suppliers and licensors (http://www.terradatum.com/metrics/licensors).
  9. 9. BHGRE Gary GreeneMarket Dynamics 3 Years (Quarterly) Q4 2012 - Q4 2015 Average DOM for Under Contract Properties Quarterly % 0.82 107 Total % Change Sq Ft: Bathrooms:All All DOM Construction Type: Sublocations: Period: Property Types: 10.70 27.86 Quarterly Change 2.14 Lot Size:All KEY INFORMATION Single-Family: (Free Standing, Patio Home) All HAR AllBedrooms: Total Change AllMLS: Price:3 Years (Quarterly) Information not guaranteed. © 2016 - 2017 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 01/02/16
  10. 10. Average DOM for Under Contract Properties Market Dynamics BHGRE Gary Greene 3 Years (Quarterly) Q4 2012 - Q4 2015 Period Avg DOM Avg CDOMContract # UnderTime 64Q4 2015 112406 44Q3 2015 70547 43Q2 2015 63715 52Q1 2015 79610 54Q4 2014 76471 38Q3 2014 50563 29Q2 2014 39811 38Q1 2014 57626 43Q4 2013 59450 32Q3 2013 49625 29Q2 2013 47903 43Q1 2013 66665 60Q4 2012 87487 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 01/02/16 Information not guaranteed. © 2016 - 2017 Terradatum and its suppliers and licensors (http://www.terradatum.com/metrics/licensors). BrokerMetrics® 2 of
  11. 11. l Page 1 9000 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 – January 2nd , 2015 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 $200,001 – $300,000 . . . . . . . . . . . . . . . . . . . . 3.0 Months $300,001 – $400,000 . . . . . . . . . . . . . . . . . . . . 4.1 Months $400,001 – $500,000 . . . . . . . . . . . . . . . . . . . . 4.6 Months $500,001 – $600,000 . . . . . . . . . . . . . . . . . . . . 3.9 Months $600,001 – $700,000 . . . . . . . . . . . . . . . . . . . . 4.5 Months $700,001 – $800,000 . . . . . . . . . . . . . . . . . . . . 7.0 Months $800,001 – $900,000 . . . . . . . . . . . . . . . . . . . . 4.5 Months $900,001 – $1,000,000 . . . . . . . . . . . . . . . . . . 5.6 Months $1,000,001 - $1,500,000 . . . . . . . . . . . . . . . . 9.6 Months $1,500,001 - $2,000,000 . . . . . . . . . . . . . . . . 12.7 Months $2,000,001 - $3,000,000+ . . . . . . . . . . . . . . 11.0 Months $3,000,001+. . . . . . . . . . . . . . . . . . . . . . . . . . 33.0 Months All Price Ranges . . . . . . . . . . . . . . . . . . . . . . . 4.2 Months 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.
  12. 12. Months Supply of Inventory (Sold Calculation) Market Dynamics 2 Years (Monthly) 12/01/13 - 12/31/15 BHGRE Gary Greene Sublocations: 154.80 Price:HAR Bedrooms:Period: Monthly % MSI-Sold 2 Years (Monthly) 107 6.45 Single-Family: (Free Standing, Patio Home) Total % Change Property Types: KEY INFORMATION All All Lot Size:All 3.72 Monthly Change 0.15 Total Change Sq Ft: AllAll Bathrooms:MLS: AllConstruction Type: Information not guaranteed. © 2016 - 2017 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 01/02/16
  13. 13. BHGRE Gary GreeneMarket Dynamics Months Supply of Inventory (Sold Calculation) 2 Years (Monthly) 12/01/13 - 12/31/15 Period NAR MSI # SoldMSI # For Sale Last Day of Month # Under Contract Time 5.8Dec-15 120 1357836.5 8.3Nov-15 129 1169677.5 6.3Oct-15 157 1611,0096.4 6.1Sep-15 165 1681,0336.3 4.4Aug-15 146 2401,0607.3 4.5Jul-15 236 2381,0684.5 3.5Jun-15 219 2901,0064.6 4.1May-15 241 2329513.9 4.4Apr-15 255 2048953.5 3.9Mar-15 257 2088043.1 5.7Feb-15 200 1327533.8 5.7Jan-15 153 1277304.8 3.2Dec-14 147 2116794.6 6.1Nov-14 144 1277705.3 4.7Oct-14 180 1657794.3 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 3.6Jan-14 181 1254462.5 2.6Dec-13 120 1724403.7 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 01/02/16 Information not guaranteed. © 2016 - 2017 Terradatum and its suppliers and licensors (http://www.terradatum.com/metrics/licensors). BrokerMetrics® 2 of
  14. 14. Market Share Totals BHGRE Gary Greene Sublocations: Price: Single-Family: (Free Standing, Manufactured, Patio Home, Duplex, Historic), Townhouse/Condo: (Townhouse/Condo) Bathrooms: Property Types: AllDate: AllCMS All 107 HAR All10/01/2015 - 12/31/2015 Total Sold List + SellStatus: Construction Type:Type: Bedrooms:MLS: Information not guaranteed. © 2016 - 2017 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 2BrokerMetrics® 1 of 01/02/16 96.1% 94.2% 93.4% 91.1% The Woodlands 10/1/2015 - 12/31/2015 Better Homes And Gardens Real Estate Gary Greene Leads ALL Brokers In Netting Their Sellers The Highest Sold Prices.

×