January 2017 Real Estate Market Report, The Woodlands, TX

January 2017

Our take on “How’s the market?”

photo courtesy of Brent Pullan Photography

@ReferredRealty www.ReferredRealtyGroup.com(281)210-0029

Market DynamicsAverage $/SQFT (FS, Sold)

2 Years (Monthly) 01/01/15 - 01/31/17

Referred Realty Group

Price:

-0.17

AllAll All

-0.39-8.35

Property Types:HAR

Sold $/SQFTFor Sale $/SQFT

MLS: All

-0.61

Bathrooms:

-0.35

All

-9.29-14.66

Construction Type:

Total Change

Sq Ft:

Monthly Change

2 Years (Monthly)

Sublocations:

All

-4.19

Lot Size:Period:

Monthly %

Bedrooms:

KEY INFORMATION

Total % Change

Single-Family: (Residential)THEWOO

02/06/17BrokerMetrics®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

Average $/SQFT (FS, Sold)2 Years (Monthly) 01/01/15 - 01/31/17

Market Dynamics Referred Realty Group

#

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

195Jan-17 1,029 3,573696,882 168 487,079 3,083 158 90 137 257428,304 586,690 615,2322,979 144 3,327 176 3,290 187193Dec-16 1,033 3,587692,705 119 449,391 2,946 153 153 142 173410,923 726,122 605,3812,951 139 3,686 197 3,381 179188Nov-16 1,128 3,534664,528 119 403,696 2,874 140 151 149 234431,506 608,825 462,7542,987 144 3,513 173 2,992 155194Oct-16 1,190 3,614701,156 144 448,291 2,973 151 133 152 256416,815 845,519 561,5432,906 143 3,859 220 3,228 175191Sep-16 1,246 3,592686,284 149 444,300 2,925 152 159 163 280411,112 602,990 509,7372,918 141 3,476 174 3,157 162193Aug-16 1,306 3,591692,725 163 483,357 3,028 160 232 177 345454,232 641,406 547,3793,027 150 3,412 188 3,157 174190Jul-16 1,344 3,602685,192 205 455,042 3,043 150 209 178 368435,491 627,873 537,7202,968 147 3,470 181 3,208 168190Jun-16 1,347 3,623689,141 200 437,526 2,911 150 234 171 394443,994 688,596 600,4733,036 146 3,727 185 3,357 179191May-16 1,314 3,649695,490 203 475,747 3,062 155 226 158 385486,426 795,009 523,6893,159 154 3,901 204 3,255 161193Apr-16 1,327 3,663706,788 257 475,443 3,055 156 148 141 426428,549 733,790 560,3392,899 148 3,784 194 3,284 171195Mar-16 1,202 3,682717,058 177 448,067 2,906 154 174 124 361414,500 672,531 574,1382,847 146 3,624 186 3,355 171198Feb-16 1,145 3,657722,968 176 492,714 2,928 168 113 128 340402,515 675,318 603,6402,753 146 3,576 190 3,409 178198Jan-16 1,097 3,627718,782 124 453,836 2,890 157 104 168 273478,814 652,778 583,3442,984 160 3,526 185 3,303 177200Dec-15 1,098 3,662731,828 109 540,803 3,057 177 159 165 181505,979 699,087 598,9763,141 161 3,698 189 3,176 189196Nov-15 1,153 3,639712,258 128 409,501 2,853 144 117 108 207398,091 682,268 499,7722,775 143 3,571 191 3,127 160195Oct-15 1,281 3,613703,192 157 507,791 3,037 167 163 178 326462,944 580,251 503,4833,020 153 3,382 172 3,140 160199Sep-15 1,308 3,653725,694 166 435,810 2,874 152 171 187 322442,019 749,781 606,9492,967 149 3,726 201 3,362 181195Aug-15 1,300 3,617706,583 148 455,816 2,960 154 241 166 306435,178 586,308 540,5062,869 152 3,421 171 3,152 171191Jul-15 1,360 3,570683,490 235 442,234 2,924 151 241 131 413518,493 553,116 490,2023,252 159 3,290 168 3,093 158199Jun-15 1,313 3,658726,618 222 517,754 3,100 167 291 144 422554,075 777,885 585,8463,248 171 3,732 208 3,302 177197May-15 1,245 3,647717,215 244 493,646 3,055 162 233 110 402478,273 596,918 530,8853,107 154 3,503 170 3,187 167199Apr-15 1,209 3,705735,857 259 544,747 3,232 169 207 107 451467,674 645,274 629,2623,000 156 3,575 180 3,418 184200Mar-15 1,097 3,704739,444 257 554,892 3,157 176 210 82 392405,888 764,747 627,6432,832 143 3,828 200 3,413 184200Feb-15 977 3,669733,379 201 447,442 2,926 153 133 71 299437,539 865,363 564,1133,009 145 3,831 226 3,287 172199Jan-15 934 3,656727,330 154 452,545 3,015 150 127 102 308526,636 605,815 572,2843,167 166 3,415 177 3,295 174


2 02/06/172 ofBrokerMetrics®Information not guaranteed. © 2006 - 2017 Terradatum and its suppliers and licensors (http://www.terradatum.com/metrics/licensors).

Market DynamicsSupply & Demand - # Units (FS, UC, Sold)

2 Years (Monthly) 01/01/15 - 01/31/17


Price:

0.15

AllAll All

-1.3141.69

Property Types:HAR

Under Contract-1.91

For Sale

MLS: All

-2.80

Bathrooms:

-0.96

1.74

Sold

All

-31.54-67.12

Construction Type:

Total Change

Sq Ft:

Monthly Change

2 Years (Monthly)

Sublocations:

All

3.54

Lot Size:Period:

-22.97

Monthly %

Bedrooms:

KEY INFORMATION

Total % Change

-45.86


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 ofBrokerMetrics® 2 02/06/17

Supply & Demand - # Units (FS, UC, Sold)2 Years (Monthly) 01/01/15 - 01/31/17


# Properties # PropertiesAverage DOM# PropertiesSOLD

# PropertiesFOR SALE

Average DOM Average DOMUNDER CONTRACT

Average DOMNEW LISTINGS

# PropertiesEXPIRED

Time Period

105 257Jan-17 14068 13791 901681,029107 173Dec-16 12178 14269 1531191,033

99 234Nov-16 12158 14970 1511191,12897 256Oct-16 13467 15260 1331441,19093 280Sep-16 11750 16366 1591491,24688 345Aug-16 10251 17753 2321631,30685 368Jul-16 10145 17852 2092051,34483 394Jun-16 10255 17151 2342001,34786 385May-16 12153 15850 2262031,31487 426Apr-16 11561 14157 1482571,32795 361Mar-16 13363 12449 1741771,20299 340Feb-16 11462 12863 1131761,145

109 273Jan-16 12466 16867 1041241,097114 181Dec-15 13455 16571 1591091,098100 207Nov-15 9757 10856 1171281,153

94 326Oct-15 12062 17861 1631571,28193 322Sep-15 11543 18753 1711661,30890 306Aug-15 10941 16641 2411481,30079 413Jul-15 9146 13140 2412351,36079 422Jun-15 10643 14447 2912221,31377 402May-15 8544 11041 2332441,24575 451Apr-15 10346 10741 2072591,20983 392Mar-15 11950 8250 2102571,09789 299Feb-15 11064 7149 13320197794 308Jan-15 10955 10258 127154934

02/06/17 2Information not guaranteed. © 2006 - 2017 Terradatum and its suppliers and licensors (http://www.terradatum.com/metrics/licensors).

2 ofBrokerMetrics®


Market DynamicsSupply & Demand - # Units (FS, UC, Sold)

Jan-16 through Jan-17


Price:

1,029.0

AllAll All

168.0-68.0

Property Types:HAR

Under Contract104.0

For Sale

MLS: All

124.0

Bathrooms:

90.0

1,097.0

Sold

All

35.544.0

Construction Type:

# Units Change

Sq Ft:

Jan-16

2 Years (Monthly)

Sublocations:

All

-6.2

Lot Size:Period:

-13.5

Jan-17

Bedrooms:

KEY INFORMATION

Percent Change

-14.0


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 ofBrokerMetrics® 2 02/06/17

Supply & Demand - # Units (FS, UC, Sold)Jan-16 through Jan-17


# Properties # PropertiesAverage DOM# PropertiesSOLD

# PropertiesFOR SALE

Average DOM Average DOMUNDER CONTRACT

Average DOMNEW LISTINGS

# PropertiesEXPIRED

Time Period

105 257Jan-17 14068 13791 901681,029107 173Dec-16 12178 14269 1531191,033

99 234Nov-16 12158 14970 1511191,12897 256Oct-16 13467 15260 1331441,19093 280Sep-16 11750 16366 1591491,24688 345Aug-16 10251 17753 2321631,30685 368Jul-16 10145 17852 2092051,34483 394Jun-16 10255 17151 2342001,34786 385May-16 12153 15850 2262031,31487 426Apr-16 11561 14157 1482571,32795 361Mar-16 13363 12449 1741771,20299 340Feb-16 11462 12863 1131761,145

109 273Jan-16 12466 16867 1041241,097

02/06/17 2Information not guaranteed. © 2006 - 2017 Terradatum and its suppliers and licensors (http://www.terradatum.com/metrics/licensors).

2 ofBrokerMetrics®


Months Supply of Inventory (UC Calculation)Market Dynamics



Sublocations:

47.92

Price:HAR Bedrooms:Period:

Monthly %MSI-UC

2 Years (Monthly)

THEWOO

2.00

Single-Family: (Residential)

Total % Change

Property Types:

KEY INFORMATION

AllAll Lot Size:All

2.01Monthly Change

0.08Total 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


02/06/17

Referred Realty GroupMarket DynamicsMonths Supply of Inventory (UC Calculation)


Period NAR MSI # SoldMSI# For Sale Last

Day of Month# UnderContract

Time

8.0Jan-17 168 907244.3

5.0Dec-16 119 1537726.5

5.7Nov-16 119 1518607.2

6.7Oct-16 144 1338946.2

5.9Sep-16 149 1599346.3

4.2Aug-16 163 2329665.9

4.6Jul-16 205 2099614.7

4.2Jun-16 200 2349764.9

4.2May-16 203 2269534.7

6.3Apr-16 257 1489293.6

5.2Mar-16 177 1749015.1

7.4Feb-16 176 1138414.8

7.7Jan-16 124 1048056.5

5.2Dec-15 109 1598247.6

7.8Nov-15 128 1179177.2

5.8Oct-15 157 1639466.0

5.6Sep-15 166 1719555.8

4.1Aug-15 148 2419866.7

4.1Jul-15 235 2419944.2

3.3Jun-15 222 2919474.3

3.8May-15 244 2338913.7

4.1Apr-15 259 2078433.3

3.6Mar-15 257 2107582.9

5.3Feb-15 201 1337053.5

5.3Jan-15 154 1276784.4

2


02/06/17Information not guaranteed. © 2006 - 2017 Terradatum and its suppliers and licensors (http://www.terradatum.com/metrics/licensors).

BrokerMetrics® 2 of

January 2017 Snapshot by Price Range

Price RangeDays on

Market

Months

Supply of

Inventory*

Under

ContractSOLD Number Active

100-199k 81 1.8 14 9 25

200-299k 63 2.2 51 32 110

300-399k 94 4.7 24 14 113

400-499k 103 4.7 23 11 109

500-599k 99 6.7 12 8 80

600-699k 120 4.5 11 4 50

700-799k 118 7.8 4 2 31

800-899k 255 13.0 2 2 26

900-999k 110 5.8 4 0 23

1.0m - 17m 100 9.3 12 6 112

*Economists consider a balanced market (buyer vs. seller activity) to be 6 mo.

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January 2017 Real Estate Market Report, The Woodlands, TX

Real Estate

Transcript of January 2017 Real Estate Market Report, The Woodlands, TX