The document provides a real estate report for Spring, TX for February 2017. It includes data on average and median sold prices from January 2015 to January 2017. It also has information on average price per square foot, average days on market, and months supply of inventory for the area over the same time period. The report summarizes that the housing market in Spring, TX favors sellers for homes priced $200,000-$400,000 and buyers for homes priced over $400,000 based on the months of inventory available.

1. The Home Sales Real Estate Report
Spring TX | 77386 | February, 2017
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

2. KEY INFORMATION
2 Years (Monthly) 01/01/15 - 01/31/17
Market Dynamics BHGRE Gary Greene
Sold Average vs. Median Price
Monthly % Total % Change
17.79
0.30
Monthly Change
1,567.85Median
Total Change
Average 801.48 19,235.50 7.17
37,628.370.74
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:
02/15/17BrokerMetrics®
Information not guaranteed. © 2006 - 2017 Terradatum and its suppliers and licensors (http://www.terradatum.com/metrics/licensors).
© 2017 - 2018 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) 01/01/15 - 01/31/17
Market Dynamics
Sold Average vs. Median Price
Time Period # Properties Sold Sold Average $ Sold Median $ Sold Avg DOMAverage $ - Median $ Median $ as % of Average $
61Jan-17 297,363 80.7240,000 57,363 70
108Dec-16 310,466 83.7259,705 50,761 78
125Nov-16 286,904 87.1250,000 36,904 68
112Oct-16 287,435 90.3259,500 27,935 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
© 2017 - 2018 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 02/15/172 ofBrokerMetrics®
Information not guaranteed. © 2006 - 2017 Terradatum and its suppliers and licensors (http://www.terradatum.com/metrics/licensors).

4. Market Dynamics
Average $/SQFT (FS, Sold)
2 Years (Monthly) 01/01/15 - 01/31/17
BHGRE Gary Greene
Price:
-0.16
All
All All
0.12
-4.76
Property Types:
HAR
Sold $/SQFT
For Sale $/SQFT
MLS: All
0.12
Bathrooms:
-0.20
All
2.822.92
Construction Type:
Total Change
Sq Ft:
Monthly Change
2 Years (Monthly)
ZIP Codes:
All
-3.91
Lot Size:Period:
Monthly %
Bedrooms:
KEY INFORMATION
Total % Change
Single-Family: (Residential)
77386
02/15/17BrokerMetrics®
Information not guaranteed. © 2006 - 2017 Terradatum and its suppliers and licensors (http://www.terradatum.com/metrics/licensors).
© 2017 - 2018 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) 01/01/15 - 01/31/17
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
119Jan-17 500 3,092367,426 110 308,067 2,797 110 61 43 129297,363 401,218 349,3832,730 109 3,304 121 2,984 117
118Dec-16 476 3,088364,188 60 306,656 2,788 110 108 45 91310,466 362,484 308,9492,813 110 3,142 115 2,833 109
120Nov-16 536 3,070367,257 99 317,593 2,707 117 125 52 121286,904 387,865 327,8722,718 106 3,177 122 2,818 116
118Oct-16 581 3,045359,669 115 300,127 2,721 110 112 51 152287,435 338,736 300,4772,732 105 2,975 114 2,704 111
117Sep-16 613 3,089362,960 118 300,695 2,764 109 126 66 183281,730 359,357 321,4042,725 103 3,178 113 2,843 113
116Aug-16 620 3,075357,434 126 291,107 2,718 107 144 64 167295,311 332,060 324,7622,745 108 2,971 110 2,842 114
115Jul-16 641 3,053351,764 134 293,681 2,695 109 136 54 172272,120 347,296 300,8642,622 104 3,041 114 2,761 109
116Jun-16 666 3,068356,243 142 306,768 2,729 112 150 55 216278,558 362,984 297,4702,603 107 3,156 115 2,790 107
118May-16 657 3,061362,822 153 295,117 2,634 112 125 54 203266,842 374,391 325,5652,578 104 3,102 121 2,854 114
118Apr-16 616 3,051359,180 117 269,769 2,592 104 125 45 216281,090 386,841 325,0352,674 105 3,209 121 2,816 115
117Mar-16 584 3,064359,588 132 278,763 2,597 107 109 52 193275,141 426,057 311,3852,611 105 3,387 124 2,789 112
118Feb-16 559 3,058362,419 121 283,781 2,553 111 90 47 158248,294 390,482 314,9852,390 104 3,174 123 2,826 111
119Jan-16 534 3,038361,175 90 268,510 2,487 108 73 43 142267,086 369,236 298,4252,593 103 3,155 117 2,713 110
121Dec-15 520 3,121379,845 83 284,491 2,650 107 122 45 98281,293 520,352 306,4502,713 104 3,677 142 2,725 112
121Nov-15 568 3,119379,466 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 3,041365,285 102 252,785 2,410 105 100 49 143256,528 381,659 324,9712,547 101 3,251 120 2,856 115
120Sep-15 639 3,047365,029 109 285,336 2,697 106 107 75 169273,669 402,436 315,4402,664 103 3,246 124 2,795 113
120Aug-15 635 3,023363,342 106 258,780 2,456 105 133 59 182282,538 395,713 304,5282,604 108 3,129 126 2,716 112
120Jul-15 615 3,059368,683 121 306,162 2,734 112 137 41 216304,688 351,130 299,6512,824 108 3,051 115 2,677 111
120Jun-15 573 3,132376,924 128 303,973 2,734 111 131 46 190283,661 327,252 331,7032,646 107 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
© 2017 - 2018 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 02/15/172 ofBrokerMetrics®
Information not guaranteed. © 2006 - 2017 Terradatum and its suppliers and licensors (http://www.terradatum.com/metrics/licensors).

6. BHGRE Gary GreeneMarket Dynamics
2 Years (Monthly) 01/01/15 - 01/31/17
Average DOM for Under Contract Properties
Monthly %
1.06
77386
Total % Change
Sq Ft:
Bathrooms:All All
DOM
Construction Type:
ZIP Codes:
Period:
Property Types:
25.48 55.09
Monthly Change
2.30
Lot Size:All
KEY INFORMATION
Single-Family: (Residential) All
HAR AllBedrooms:
Total Change
AllMLS: Price:2 Years (Monthly)
Information not guaranteed. © 2006 - 2017 Terradatum and its suppliers and licensors (http://www.terradatum.com/metrics/licensors).
BrokerMetrics® 1 of 2
© 2017 - 2018 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
02/15/17

7. Average DOM for Under Contract Properties
Market Dynamics BHGRE Gary Greene
2 Years (Monthly) 01/01/15 - 01/31/17
Period Avg DOM Avg CDOMContract
# UnderTime
74Jan-17 110
90Dec-16 60
66Nov-16 99
61Oct-16 115
71Sep-16 118
56Aug-16 126
69Jul-16 134
61Jun-16 142
62May-16 153
64Apr-16 117
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
2
© 2017 - 2018 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
02/15/17
Information not guaranteed. © 2006 - 2017 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 800.932.72539000 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 – February 15th
, 2017
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 February 15th
January
Price Range Of Listing Inventory Active Listings Under Contract
$000,000 – $200,000 0.8 Months 33 27
$200,001 – $300,000 3.1 Months 126 41
$300,001 – $400,000 5.0 Months 94 24
$400,001 – $500,000 5.1 Months 43 10
$500,001 – $600,000 5.5 Months 21 4
$600,001 – $700,000 3.2 Months 10 0
$700,001 – $800,000 5.2 Months 10 1
$800,001 – $900,000 8.0 Months 6 1
$900,001 – $1,000,000 24.0 Months 11 0
$1,000,001+ 14.7 Months 11 1
All Price Ranges 3.1 Months 365 109
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 (Sold Calculation)
Market Dynamics
2 Years (Monthly) 01/01/15 - 01/31/17
BHGRE Gary Greene
ZIP Codes:
-10.22
Price:HAR Bedrooms:Period:
Monthly %
MSI-Sold
2 Years (Monthly)
77386
-0.43
Single-Family: (Residential)
Total % Change
Property Types:
KEY INFORMATION
All
All Lot Size:All
-0.42
Monthly Change
-0.02
Total Change
Sq Ft:
AllAll Bathrooms:MLS: AllConstruction Type:
Information not guaranteed. © 2006 - 2017 Terradatum and its suppliers and licensors (http://www.terradatum.com/metrics/licensors).
BrokerMetrics® 1 of 2
© 2017 - 2018 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
02/15/17

10. BHGRE Gary GreeneMarket Dynamics
Months Supply of Inventory (Sold Calculation)
2 Years (Monthly) 01/01/15 - 01/31/17
Period NAR MSI # SoldMSI
# For Sale Last
Day of Month
# Under
Contract
Time
5.7Jan-17 110 613473.2
3.4Dec-16 60 1083716.2
3.1Nov-16 99 1253853.9
3.7Oct-16 115 1124153.6
3.4Sep-16 118 1264293.6
3.0Aug-16 126 1444303.4
3.3Jul-16 134 1364533.4
3.1Jun-16 142 1504693.3
3.6May-16 153 1254502.9
3.6Apr-16 117 1254543.9
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
© 2017 - 2018 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
02/15/17
Information not guaranteed. © 2006 - 2017 Terradatum and its suppliers and licensors (http://www.terradatum.com/metrics/licensors).
BrokerMetrics® 2 of