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Our August 2016 Market Snapshot
1. August 2016
Our take on “How’s the market?”
photo courtesy of Brent Pullan Photography
@ReferredRealty www.ReferredRealtyGroup.com(281)210-0029
2. August 2016 Snapshot
The Woodlands by Price Range
Price Range
Days on
Market
Months
Supply of
Inventory*
Under
Contract
SOLD
Number
Active
100-199k 38 2.1 14 22 30
200-299k 50 3.5 44 69 152
300-399k 49 4.2 35 47 147
400-499k 57 5.2 23 29 120
500-599k 60 7.1 14 15 99
600-699k 25 8.4 9 16 76
700-799k 83 6.4 8 10 51
800-899k 65 11.3 3 4 34
900-999k 170 12.5 2 4 25
1.0m - 17m 70 12.2 12 10 147
*Economists consider a balanced market (buyer vs. seller activity) to be 6 mo.
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