Top Banner
The Home Sales Real Estate Report The Woodlands | April, 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 Inventory 9000 Forest Crossing Drive | The Woodlands TX 77381 | 281-367-3531 281-367-3531
12

The woodlandshomessalesreportapril2016copy

Jan 23, 2017

Download

Real Estate

Welcome message from author
This document is posted to help you gain knowledge. Please leave a comment to let me know what you think about it! Share it to your friends and learn new things together.
Transcript
Page 1: The woodlandshomessalesreportapril2016copy

TheHomeSalesRealEstateReportTheWoodlands|April,2016Lis=ngInventoryMonthByMonthHomeSalesMonthByMonthAverageSoldPrice/MedianSoldPriceAveragePricePerSquareFootAverageDaysOnMarketMonthsSupplyofForSaleInventory

9000 Forest Crossing Drive | The Woodlands TX 77381 | 281-367-3531

281-367-3531

hch
Typewritten Text
The Hanson Team 281-734-0370 281-433-1157
hch
Typewritten Text
hch
Typewritten Text
hch
Typewritten Text
Page 2: The woodlandshomessalesreportapril2016copy

The Woodlands Texas Real Estate ReportListing Inventory - All Brokers Combined

Better Homes And Gardens Real Estate Gary Greene - 9000 Forest Crossing, The Woodlands Texas / 281-367-3531Data 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 Dec2016 788 809 855 8632015 591 630 658 731 818 863 912 947 925 917 906 889

Page 3: The woodlandshomessalesreportapril2016copy

The Woodlands Texas Real Estate ReportProperties Placed Under Contract - All Brokers Combined

Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec2016 129 203 1912015 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 / 281-367-3531Data obtained from the Houston Association of Realtors Multiple Listing Service - Single Family/TheWoodlands TX

2016 Contracts Written 2015 Contracts Written

Page 4: The woodlandshomessalesreportapril2016copy

KEY INFORMATION

2 Years (Monthly) 03/01/14 - 03/31/16

Market Dynamics BHGRE Gary GreeneSold Average vs. Median Price

Monthly % Total % Change

-5.770.11

Monthly Change

-856.46Median

Total ChangeAverage 484.56 11,629.38 2.59

-20,555.00-0.24

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:

04/03/16BrokerMetrics®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

Page 5: The woodlandshomessalesreportapril2016copy

BHGRE Gary Greene

2 Years (Monthly) 03/01/14 - 03/31/16

Market DynamicsSold Average vs. Median Price

Time Period # Properties Sold Sold Average $ Sold Median $ Sold Avg DOMAverage $ - Median $ Median $ as % of Average $168Mar-16 417,703 73.1305,275 112,428 62110Feb-16 399,351 71.4285,000 114,351 60103Jan-16 481,652 60.6292,000 189,652 64158Dec-15 507,872 72.8370,000 137,872 54116Nov-15 399,841 73.8295,250 104,591 57161Oct-15 466,198 74.8348,705 117,493 61167Sep-15 446,247 81.8365,000 81,247 43239Aug-15 436,967 75.5330,000 106,967 40237Jul-15 523,560 78.7412,000 111,560 47290Jun-15 553,793 75.3417,250 136,543 43232May-15 479,580 82.4395,000 84,580 44204Apr-15 471,664 71.0335,000 136,664 45208Mar-15 407,694 82.3335,500 72,194 50132Feb-15 439,452 79.1347,450 92,002 64127Jan-15 526,636 68.4360,000 166,636 55211Dec-14 445,794 80.0356,500 89,294 55127Nov-14 510,416 69.5354,500 155,916 46165Oct-14 404,115 84.1340,000 64,115 42187Sep-14 410,118 82.7339,000 71,118 36229Aug-14 444,543 77.2343,000 101,543 35303Jul-14 413,571 83.4345,000 68,571 28269Jun-14 455,421 80.2365,000 90,421 27269May-14 468,861 77.8365,000 103,861 32228Apr-14 441,674 73.6325,000 116,674 34206Mar-14 437,658 73.6322,000 115,658 38

© 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 04/03/162 ofBrokerMetrics®Information not guaranteed. © 2006 - 2016 Terradatum and its suppliers and licensors (http://www.terradatum.com/metrics/licensors).

Page 6: The woodlandshomessalesreportapril2016copy

Market DynamicsAverage $/SQFT (FS, Sold)

2 Years (Monthly) 03/01/14 - 03/31/16

BHGRE Gary Greene

Price:

0.23

AllAll All

0.1610.49

Property Types:HAR

Sold $/SQFTFor Sale $/SQFT

MLS: All

0.24

Bathrooms:

0.44

All

3.905.81

Construction Type:

Total Change

Sq Ft:

Monthly Change

2 Years (Monthly)

Sublocations:

All

5.54

Lot Size:Period:

Monthly %

Bedrooms:

KEY INFORMATION

Total % Change

Single-Family: (Free Standing, Patio Home)107

04/03/16BrokerMetrics®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

Page 7: The woodlandshomessalesreportapril2016copy

Average $/SQFT (FS, Sold)2 Years (Monthly) 03/01/14 - 03/31/16

Market Dynamics BHGRE Gary Greene

#

FOR SALE

SQFTPeriod$/Avg

SQFTTime

Avg $

UNDER CONTRACT

# Avg $Avg

SQFT$/

SQFT

SOLD EXPIRED NEW LISTINGS

# # #Avg $ Avg $ Avg $Avg

SQFT$/

SQFTAvg

SQFT$/

SQFTAvg

SQFT$/

SQFT

199Mar-16 1,187 3,683732,455 190 445,003 2,898 154 168 134 362417,703 680,340 583,9612,854 146 3,640 187 3,347 174201Feb-16 1,146 3,658734,519 178 492,341 2,931 168 110 143 341399,351 671,966 620,9642,753 145 3,566 190 3,413 182200Jan-16 1,115 3,628725,101 121 453,697 2,901 156 103 189 275481,652 653,865 589,8992,998 161 3,519 186 3,302 179200Dec-15 1,168 3,634725,080 109 542,674 3,062 177 158 219 178507,872 646,014 600,7463,149 161 3,535 183 3,169 190195Nov-15 1,227 3,613705,302 126 410,889 2,859 144 116 111 205399,841 663,719 503,8712,781 144 3,533 188 3,130 161194Oct-15 1,362 3,581693,622 156 510,143 3,044 168 161 184 324466,198 559,882 508,4613,037 154 3,320 169 3,149 161198Sep-15 1,379 3,633719,906 164 439,079 2,895 152 167 177 321446,247 795,308 609,2542,988 149 3,831 208 3,365 181195Aug-15 1,360 3,612704,867 145 460,008 2,983 154 239 157 301436,967 603,427 543,5302,876 152 3,511 172 3,162 172192Jul-15 1,406 3,578685,594 235 441,898 2,921 151 237 112 412523,560 581,098 491,6483,278 160 3,414 170 3,096 159198Jun-15 1,364 3,654723,916 219 521,479 3,119 167 290 151 419553,793 740,608 589,0593,246 171 3,620 205 3,312 178196May-15 1,284 3,645714,555 241 493,391 3,055 161 232 98 395479,580 591,593 534,6693,114 154 3,551 167 3,204 167198Apr-15 1,248 3,699732,073 255 547,136 3,240 169 204 104 449471,664 652,049 632,1003,022 156 3,609 181 3,426 185198Mar-15 1,136 3,698734,023 257 551,355 3,159 175 208 80 389407,694 779,220 631,4212,842 143 3,876 201 3,427 184199Feb-15 1,021 3,670728,766 200 457,470 2,954 155 132 74 297439,452 869,575 566,5793,019 146 3,898 223 3,299 172198Jan-15 982 3,662726,923 153 455,602 3,024 151 127 105 308526,636 650,816 572,2843,167 166 3,488 187 3,295 174198Dec-14 939 3,654721,782 147 531,243 3,155 168 211 118 174445,794 526,144 602,5942,960 151 3,271 161 3,318 182193Nov-14 991 3,605697,102 144 453,484 2,933 155 127 82 216510,416 641,764 544,8623,175 161 3,612 178 3,143 173189Oct-14 1,039 3,559672,317 180 445,566 2,914 153 165 84 245404,115 538,062 506,4032,815 144 3,331 162 3,112 163189Sep-14 1,036 3,551669,469 140 452,221 2,891 156 187 102 257410,118 546,968 489,4422,878 143 3,321 165 3,058 160188Aug-14 1,095 3,538663,425 221 438,692 2,918 150 229 95 312444,543 649,640 472,9782,955 150 3,539 184 3,050 155188Jul-14 1,064 3,514660,554 202 408,753 2,801 146 303 79 375413,571 523,798 474,4602,884 144 3,182 165 3,044 156189Jun-14 1,040 3,540668,283 275 450,989 2,980 151 269 76 369455,421 606,394 501,3173,025 150 3,480 174 3,140 160191May-14 985 3,542675,280 259 446,086 2,930 152 269 55 407468,861 719,752 549,0343,049 153 3,745 192 3,202 171191Apr-14 895 3,579682,245 277 487,094 3,081 158 228 40 383441,674 849,744 523,1402,999 147 4,130 206 3,212 163191Mar-14 830 3,581685,537 260 449,140 3,004 149 206 58 366437,658 723,662 489,7663,025 145 3,737 194 3,081 159

© 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 04/03/162 ofBrokerMetrics®Information not guaranteed. © 2006 - 2016 Terradatum and its suppliers and licensors (http://www.terradatum.com/metrics/licensors).

Page 8: The woodlandshomessalesreportapril2016copy

BHGRE Gary GreeneMarket Dynamics

2 Years (Monthly) 03/01/14 - 03/31/16Average DOM for Under Contract Properties

Monthly %1.22

107

Total % Change

Sq Ft:Bathrooms:All All

DOM

Construction Type:

Sublocations:

Period:Property Types:

29.29 89.78Monthly Change

3.74

Lot Size:All

KEY INFORMATION

Single-Family: (Free Standing, Patio Home) AllHAR 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

04/03/16

Page 9: The woodlandshomessalesreportapril2016copy

Average DOM for Under Contract PropertiesMarket Dynamics BHGRE Gary Greene

2 Years (Monthly) 03/01/14 - 03/31/16

Period Avg DOM Avg CDOMContract# UnderTime

51Mar-16 10519065Feb-16 11117864Jan-16 12312172Dec-15 11810955Nov-15 9512661Oct-15 11115652Sep-15 8016441Aug-15 6914540Jul-15 6423547Jun-15 7021941May-15 6324141Apr-15 5825549Mar-15 6525750Feb-15 9120059Jan-15 8415368Dec-14 9514749Nov-14 7314445Oct-14 6418043Sep-14 6114039Aug-14 4922134Jul-14 4420232Jun-14 4227525May-14 2925930Apr-14 4627730Mar-14 48260

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

04/03/16Information not guaranteed. © 2006 - 2016 Terradatum and its suppliers and licensors (http://www.terradatum.com/metrics/licensors).

BrokerMetrics® 2 of

Page 10: The woodlandshomessalesreportapril2016copy

l Page 1 9000 Forest Crossing, The Woodlands, Texas 77381 Office: 281.367.3531 or 800.932.7253 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 – April 3rd, 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 . . . . . . . . . . . . .8 Months [17 Active Listings] $200,001 – $300,000 . . . . . . . . . . . . 2.1 Months [102 Active Listings]

$300,001 – $400,000 . . . . . . . . . . . . 3.8 Months [168 Active Listings] $400,001 – $500,000 . . . . . . . . . . . . 4.3 Months [112 Active Listings] $500,001 – $600,000 . . . . . . . . . . . . 6.5 Months [145 Active Listings] $600,001 – $700,000 . . . . . . . . . . . . 6.5 Months [145 Active Listings] $700,001 – $800,000 . . . . . . . . . . . . 6.6 Months [47 Active Listings] $800,001 – $900,000 . . . . . . . . . . . . 8.7 Months [48 Active Listings] $900,001 – $1,000,000 . . . . . . . . . . 8.3 Months [27 Active Listings]

$1,000,001 - $1,500,000 . . . . . . . . . 12.9 Months [71 Active Listings] $1,500,001 - $2,000,000 . . . . . . . . 14.4 Months [42 Active Listings]

$2,000,001 - $3,000,000+ . . . . . . . 9.8 Months [22 Active Listings] $3,000,001+. . . . . . . . . . . . . . . . . . 39.0 Months [26 Active Listings] All Price Ranges . . . . . . . . . . . . . . 4.8 Months [874 Active Listings]

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.

Page 11: The woodlandshomessalesreportapril2016copy

Months Supply of Inventory (UC Calculation)Market Dynamics

2 Years (Monthly) 03/01/14 - 03/31/16

BHGRE Gary Greene

Sublocations:

147.43

Price:HAR Bedrooms:Period:

Monthly %MSI-UC

2 Years (Monthly)

107

6.14

Single-Family: (Free Standing, Patio Home)

Total % Change

Property Types:

KEY INFORMATION

AllAll Lot Size:All

3.94Monthly Change

0.16Total 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

04/03/16

Page 12: The woodlandshomessalesreportapril2016copy

BHGRE Gary GreeneMarket DynamicsMonths Supply of Inventory (UC Calculation)

2 Years (Monthly) 03/01/14 - 03/31/16

Period NAR MSI # SoldMSI# For Sale Last

Day of Month# UnderContract

Time

5.1Mar-16 190 1688634.5

7.5Feb-16 178 1108254.6

7.8Jan-16 121 1038056.7

5.3Dec-15 109 1588407.7

8.5Nov-15 126 1169907.9

6.3Oct-15 156 1611,0226.6

6.2Sep-15 164 1671,0386.3

4.4Aug-15 145 2391,0587.3

4.5Jul-15 235 2371,0594.5

3.4Jun-15 219 2909944.5

4.1May-15 241 2329453.9

4.4Apr-15 255 2048893.5

3.8Mar-15 257 2087993.1

5.7Feb-15 200 1327473.7

5.7Jan-15 153 1277244.7

3.2Dec-14 147 2116744.6

6.0Nov-14 144 1277655.3

4.7Oct-14 180 1657754.3

4.2Sep-14 140 1877945.7

3.4Aug-14 221 2297793.5

2.6Jul-14 202 3037833.9

2.6Jun-14 275 2696892.5

2.5May-14 259 2696712.6

2.5Apr-14 277 2285782.1

2.5Mar-14 260 2065122.0

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

04/03/16Information not guaranteed. © 2006 - 2016 Terradatum and its suppliers and licensors (http://www.terradatum.com/metrics/licensors).

BrokerMetrics® 2 of