
The 2009 real estate market in The Woodlands can be described as great compared to other markets. Total 2009 sales contracts were 1,743 homes versus 1,997 in 2008 and 2,468 in 2007. Our January 2010 total active listing inventory is 544 homes compared to 576 on January 2009, 629 on January 2008, and 585 on January 2007.
During calendar year 2009, 60 foreclosed homes in The Woodlands were sold with 11 current active listings. Activity in this category is expected to remain active with a builder's inventory on East Shore moving into foreclosure.
During calendar year 2009, 4 homes were sold as short sales with 5 current active listings.
Source Data: HAR
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