The Woodlands Real Estate Home Sales Report - August/September 2014

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The Home Sales Real Estate Report The Woodlands | September 3 rd , 2014 Lis>ng Inventory Month By Month Home Sales Month By Month 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 Sold Price To List Price % R By Broker 9000 Forest Crossing Drive | The Woodlands TX 77381 | 281-367-3531 281-367-3531

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The Woodlands Real Estate Home Sales Report - August/September 2014

Transcript of The Woodlands Real Estate Home Sales Report - August/September 2014

Page 1: The Woodlands Real Estate Home Sales Report - August/September 2014

The$Home$Sales$Real$Estate$Report$$The$Woodlands$|$September$3rd,$2014$Lis>ng$Inventory$Month$By$Month$Home$Sales$Month$By$Month$$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$$Sold$Price$To$List$Price$%$R$By$Broker$$

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

281-367-3531

Page 2: The Woodlands Real Estate Home Sales Report - August/September 2014

The Woodlands Texas Real Estate Report!Unsold Listing Inventory - Month to Month / 2009 to 2014!

Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec2014 355 366 373 445 497 556 617 682 6692013 402 377 407 426 421 423 454 465 429 388 392 3862012 685 695 695 699 665 668 660 634 568 528 485 4062011 874 956 1001 1045 1060 990 952 951 875 854 803 7462010 699 776 837 918 928 1001 1084 1107 1058 988 878 8692009 762 819 831 890 931 920 973 933 863 807 783 746

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

350

550

750

950

1150

Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec

355 366 373445 497 556

617682 669

2014 2013 2012 2011 2010 2009

Page 3: The Woodlands Real Estate Home Sales Report - August/September 2014

The Woodlands Texas Real Estate Report!Properties Placed Under Contract - Month to Month / 2009 to 2014!

Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec2014 195 203 277 314 300 297 218 2332013 182 257 290 327 364 304 270 228 177 212 149 1332012 139 196 275 303 323 265 267 239 173 207 178 1452011 161 145 236 232 265 272 245 212 182 153 122 1252010 111 166 224 269 188 177 194 175 167 167 121 1262009 114 158 172 207 224 224 229 173 169 156 120 109

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

175

250

325

400

Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec

195 203

277314 300 297

218 233

2014 2013 2012 2011 2010 2009

Page 4: The Woodlands Real Estate Home Sales Report - August/September 2014

KEY INFORMATION

2 Years (Monthly) 08/01/12 - 08/31/14

0DUNHW�'\QDPLFV %+*5(�*DU\�*UHHQHSold Average vs. Median Price

0RQWKO\�� 7RWDO���&KDQJH

32.381.25

0RQWKO\�&KDQJH

3,620.79Median

7RWDO�&KDQJHAverage 4,444.54 106,668.96 29.98

86,899.021.35

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:

09/04/14%URNHU0HWULFV�Information not guaranteed. © 2014 - 2015 Terradatum and its suppliers and licensors (http://www.terradatum.com/metrics/licensors).

© 2014 - 2015 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

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Page 5: The Woodlands Real Estate Home Sales Report - August/September 2014

BHGRE Gary Greene

2 Years (Monthly) 08/01/12 - 08/31/14

Market DynamicsSold Average vs. Median Price

Time Period # Properties Sold Sold Average $ Sold Median $ Sold Avg DOMAverage $ - Median $ Median $ as % of Average $221Aug-14 449,280 76.8345,000 104,280 34302Jul-14 413,454 82.6341,500 71,954 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 34205Mar-14 438,332 73.9324,000 114,332 38143Feb-14 442,656 73.6326,000 116,656 43125Jan-14 423,536 72.0305,000 118,536 46172Dec-13 419,476 84.9356,000 63,476 43177Nov-13 414,448 75.5313,000 101,448 47170Oct-13 459,404 70.0321,500 137,904 35192Sep-13 397,010 77.6308,000 89,010 32278Aug-13 411,555 75.3309,900 101,655 27310Jul-13 450,251 75.6340,495 109,756 27321Jun-13 421,217 78.3330,000 91,217 28306May-13 420,921 72.5305,000 115,921 32232Apr-13 395,125 75.6298,869 96,256 38212Mar-13 378,783 78.0295,250 83,533 45169Feb-13 357,056 76.2272,000 85,056 54131Jan-13 387,824 78.0302,500 85,324 65181Dec-12 420,754 64.0269,500 151,254 68182Nov-12 329,625 81.7269,230 60,395 52185Oct-12 361,076 76.9277,700 83,376 47220Sep-12 320,877 81.0260,000 60,877 47258Aug-12 349,057 77.2269,600 79,457 53

© 2014 - 2015 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 09/04/142 of%URNHU0HWULFV�Information not guaranteed. © 2014 - 2015 Terradatum and its suppliers and licensors (http://www.terradatum.com/metrics/licensors).

Page 6: The Woodlands Real Estate Home Sales Report - August/September 2014

0DUNHW�'\QDPLFVAverage $/SQFT (Sold)

2 Years (Monthly) 08/01/12 - 08/31/14

%+*5(�*DU\�*UHHQH

Price:

1.15

AllAll All

33.06

Property Types:HAR

Sold $/SQFT

MLS: AllBathrooms:

1.38

All Construction Type:

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Sq Ft:

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2 Years (Monthly)

Sublocations:

All

27.56

Lot Size:Period:

0RQWKO\��

Bedrooms:

KEY INFORMATION

7RWDO���&KDQJH

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

09/04/14%URNHU0HWULFV�Information not guaranteed. © 2014 - 2015 Terradatum and its suppliers and licensors (http://www.terradatum.com/metrics/licensors).

© 2014 - 2015 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

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Page 7: The Woodlands Real Estate Home Sales Report - August/September 2014

Average $/SQFT (Sold)2 Years (Monthly) 08/01/12 - 08/31/14

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

193Aug-14 1,041 3,565688,555 237 442,359 2,902 152 221 126 309449,280 651,610 486,7512,976 151 3,556 183 3,051 160192Jul-14 1,026 3,532676,567 201 404,762 2,802 144 302 93 376413,454 499,147 485,0722,886 143 3,143 159 3,047 159192Jun-14 1,013 3,559681,190 276 451,888 2,981 152 269 87 377455,421 615,569 505,8223,025 150 3,496 176 3,139 161193May-14 967 3,558685,849 260 445,020 2,927 152 269 71 408468,861 678,315 550,1153,049 153 3,627 187 3,200 172192Apr-14 883 3,590689,627 277 487,094 3,081 158 228 47 383441,674 749,924 527,0852,999 147 3,857 194 3,212 164192Mar-14 826 3,587689,249 260 449,140 3,004 149 205 66 367438,332 689,026 489,0773,025 145 3,657 188 3,079 159201Feb-14 687 3,710743,949 186 514,486 3,109 165 143 42 244442,656 608,810 531,7892,986 148 3,286 185 3,208 165201Jan-14 672 3,723747,495 181 443,788 3,029 147 125 48 234423,536 846,972 633,0102,974 142 3,917 216 3,417 185196Dec-13 627 3,697724,517 120 419,687 2,973 141 172 69 144419,476 720,545 510,4553,001 139 3,759 192 3,159 162197Nov-13 660 3,691727,801 138 422,997 2,968 141 177 39 166414,448 1,056,635 532,3393,033 137 4,157 254 3,095 172187Oct-13 747 3,629679,733 192 441,328 3,057 144 170 61 214459,404 508,939 509,2403,062 150 3,316 153 3,156 161186Sep-13 758 3,608669,608 165 420,625 2,903 145 192 60 204397,010 656,279 515,5132,934 135 3,669 179 3,171 163180Aug-13 837 3,551640,169 213 431,212 3,007 143 278 70 283411,555 593,931 454,7852,983 138 3,493 170 3,020 151179Jul-13 862 3,589644,707 247 440,715 2,987 148 310 61 334450,251 651,862 503,4823,168 142 3,907 167 3,239 155176Jun-13 855 3,572630,534 273 414,339 3,023 137 321 54 330421,217 711,432 432,9383,078 137 4,011 177 3,100 140176May-13 904 3,578630,820 341 459,771 3,150 146 306 38 378420,921 453,741 450,3413,042 138 3,383 134 3,088 146179Apr-13 862 3,628648,194 289 458,835 3,114 147 232 47 377395,125 555,486 520,6873,030 130 3,416 163 3,291 158176Mar-13 796 3,612634,345 261 411,851 3,036 136 212 50 341378,783 700,018 457,9852,956 128 3,924 178 3,178 144178Feb-13 708 3,657652,115 223 391,553 3,007 130 169 30 241357,056 853,851 491,2812,932 122 4,231 202 3,231 152174Jan-13 711 3,642634,225 181 384,271 2,995 129 131 63 241387,824 604,479 478,9642,981 130 3,755 161 3,271 147177Dec-12 679 3,608639,891 135 449,520 3,044 148 181 74 134420,754 517,532 401,6283,038 138 3,223 161 3,046 132173Nov-12 768 3,529610,356 164 358,522 2,846 126 182 59 185329,625 496,401 412,3822,868 115 3,420 147 3,048 135173Oct-12 856 3,499605,538 188 379,984 2,971 128 185 85 234361,076 640,480 432,8542,962 121 3,400 188 3,033 143171Sep-12 864 3,491596,233 165 364,915 2,881 127 220 77 184320,877 491,968 430,6912,825 114 3,336 147 3,061 141165Aug-12 1,005 3,434565,199 233 363,086 2,936 123 258 92 295349,057 516,604 394,6652,932 119 3,416 151 2,998 131

© 2014 - 2015 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 09/04/142 of%URNHU0HWULFV�Information not guaranteed. © 2014 - 2015 Terradatum and its suppliers and licensors (http://www.terradatum.com/metrics/licensors).

Page 8: The Woodlands Real Estate Home Sales Report - August/September 2014

! 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 – September 3rd, 2014

Q. Is it a Seller’s Market? 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. As we can see from these inventory numbers below, sellers priced under $1,000,000 enjoy a seller’s market. Here’s a break down by price. PRICE RANGE. . . . . . . . . . . . . . . MONTHS SUPPLY OF LISTING INVENTORY

$000,000 – $200,000 . . . . . . . . . . . . . . . . . . . . 27 Days

$200,001 – $300,000 . . . . . . . . . . . . . . . . . . . . 1.9 Month $300,001 – $400,000 . . . . . . . . . . . . . . . . . . . . 2.8 Months $400,001 – $500,000 . . . . . . . . . . . . . . . . . . . . 3.9 Months $500,001 – $600,000 . . . . . . . . . . . . . . . . . . . . 5.0 Months $600,001 – $700,000 . . . . . . . . . . . . . . . . . . . . 3.7 Months $700,001 – $800,000 . . . . . . . . . . . . . . . . . . . . 6.0 Months $800,001 – $900,000 . . . . . . . . . . . . . . . . . . . . 4.1 Months $900,001 – $1,000,000 . . . . . . . . . . . . . . . . . . . 4.9 Months $1,000,001+ . . . . . . . . . . . . . . . . . . . . . . . . . . . 11.6 Months All Price Ranges . . . . . . . . . . . . . . . . . . . . . . . 3.2 Months

What does this mean? For buyers, in a seller’s market, when you find something you love, don’t hesitate to submit an offer. If you snooze you lose out. For sellers: Three key factors that impact salability are merchandising (staging), massive broadcast marketing and a savvy Coming Soon Strategy. Choose the best broker to help you position your property aggressively in today’s market and you’ll sell your property for HIGHEST possible price and the BEST possible terms. Ignore these salability factors even in a strong seller’s market the property will languish unsold. 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 9: The Woodlands Real Estate Home Sales Report - August/September 2014

Months Supply of Inventory (UC Calculation)0DUNHW�'\QDPLFV

2 Years (Monthly) 08/01/12 - 08/31/14

%+*5(�*DU\�*UHHQH

Sublocations:

-8.44

Price:HAR Bedrooms:Period:

0RQWKO\��MSI-UC

2 Years (Monthly)

107

-0.35

Single-Family: (Free Standing, Patio Home)

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Property Types:

KEY INFORMATION

AllAll Lot Size:All

-0.230RQWKO\�&KDQJH

-0.017RWDO�&KDQJH

Sq Ft:AllAll Bathrooms:MLS: AllConstruction Type:

Information not guaranteed. © 2014 - 2015 Terradatum and its suppliers and licensors (http://www.terradatum.com/metrics/licensors).

%URNHU0HWULFV� 1 of 2

© 2014 - 2015 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

09/04/14

Page 10: The Woodlands Real Estate Home Sales Report - August/September 2014

BHGRE Gary GreeneMarket DynamicsMonths Supply of Inventory (UC Calculation)

2 Years (Monthly) 08/01/12 - 08/31/14

Period NAR MSI # SoldMSI# For Sale Last

Day of Month# UnderContract

Time

3.1Aug-14 237 2216782.9

2.4Jul-14 201 3027323.6

2.4Jun-14 276 2696502.4

2.4May-14 260 2696362.4

2.5Apr-14 277 2285592.0

2.4Mar-14 260 2055001.9

3.2Feb-14 186 1434592.5

3.5Jan-14 181 1254432.4

2.5Dec-13 120 1724383.6

2.7Nov-13 138 1774833.5

2.9Oct-13 192 1704942.6

2.8Sep-13 165 1925333.2

2.0Aug-13 213 2785542.6

1.8Jul-13 247 3105542.2

1.6Jun-13 273 3215281.9

1.7May-13 341 3065251.5

2.3Apr-13 289 2325261.8

2.3Mar-13 261 2124851.9

2.7Feb-13 223 1694552.0

3.6Jan-13 181 1314672.6

2.6Dec-12 135 1814703.5

3.0Nov-12 164 1825453.3

3.2Oct-12 188 1855833.1

2.8Sep-12 165 2206223.8

2.6Aug-12 233 2586802.9

2

© 2014 - 2015 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

09/04/14Information not guaranteed. © 2014 - 2015 Terradatum and its suppliers and licensors (http://www.terradatum.com/metrics/licensors).

%URNHU0HWULFV� 2 of

Page 11: The Woodlands Real Estate Home Sales Report - August/September 2014

%+*5(�*DU\�*UHHQH0DUNHW�'\QDPLFV

2 Years (Monthly) 08/01/12 - 08/31/14Average DOM for Under Contract Properties

0RQWKO\��-0.83

107

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Sq Ft:Bathrooms:All All

DOM

Construction Type:

Sublocations:

Period:Property Types:

-19.86 -39.660RQWKO\�&KDQJH

-1.65

Lot Size:All

KEY INFORMATION

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

7RWDO�&KDQJH

AllMLS: Price:2 Years (Monthly)

Information not guaranteed. © 2014 - 2015 Terradatum and its suppliers and licensors (http://www.terradatum.com/metrics/licensors).

%URNHU0HWULFV� 1 of 2

© 2014 - 2015 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

09/04/14

Page 12: The Woodlands Real Estate Home Sales Report - August/September 2014

Average DOM for Under Contract PropertiesMarket Dynamics BHGRE Gary Greene

2 Years (Monthly) 08/01/12 - 08/31/14

Period Avg DOM Avg CDOMContract# UnderTime

40Aug-14 5123734Jul-14 4220133Jun-14 4227625May-14 2926030Apr-14 4627730Mar-14 4826042Feb-14 5718644Jan-14 7018148Dec-13 6112037Nov-13 5313845Oct-13 6219235Sep-13 5816533Aug-13 4421331Jul-13 4724723Jun-13 4227328May-13 3834136Apr-13 6328931Mar-13 5126145Feb-13 6722358Jan-13 8718169Dec-12 10013556Nov-12 8016456Oct-12 8318844Sep-12 7116550Aug-12 67233

2

© 2014 - 2015 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

09/04/14Information not guaranteed. © 2014 - 2015 Terradatum and its suppliers and licensors (http://www.terradatum.com/metrics/licensors).

%URNHU0HWULFV� 2 of

Page 13: The Woodlands Real Estate Home Sales Report - August/September 2014

Market Share Totals BHGRE Gary Greene

Sublocations:

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

Bathrooms:Property Types:

AllDate: AllBroker All

107

HAR All07/01/2013 - 06/30/2014 SoldStatus: Construction Type:Type: Bedrooms:MLS:

Information not guaranteed. © 2014 - 2015 Terradatum and its suppliers and licensors (http://www.terradatum.com/metrics/licensors).© 2014 - 2015 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%URNHU0HWULFV� 1 of 07/02/14

Kenneth Brand
The Woodlands | All Price Ranges
Kenneth Brand
512K = Average Sold PriceS/O 97.3 = Sold Price To List Price %DOM 32 = Days On Market
Kenneth Brand
Kenneth Brand
Kenneth Brand
Kenneth Brand
Kenneth Brand
Better Homes And Gardens Real Estate Gary Greene9000 Forest Crossing | The Woodlands, TX
Page 14: The Woodlands Real Estate Home Sales Report - August/September 2014

Market Share Totals BHGRE Gary Greene

Sublocations:

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

Bathrooms:Property Types:

AllDate: AllBroker All

107

HAR $500,000 - $999,999,99907/01/2013 - 06/30/2014 SoldStatus: Construction Type:Type: Bedrooms:MLS:

Information not guaranteed. © 2014 - 2015 Terradatum and its suppliers and licensors (http://www.terradatum.com/metrics/licensors).© 2014 - 2015 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%URNHU0HWULFV� 1 of 07/02/14

Kenneth Brand
Kenneth Brand
Kenneth Brand
|The Woodlands
Kenneth Brand
Choose Well and Win!
Kenneth Brand
Better Homes And Gardens Real Estate Gary Greene9000 Forest Crossing | The Woodlands, TX
Kenneth Brand
Kenneth Brand
Kenneth Brand