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Community Real Estate

Housing Trends June 2016

houston association of realtors

Housing Trends June 2016 eNewsletter


Welcome to the most current Housing Trends eNewsletter. This eNewsletter is specially designed for you, with national and local housing information that you may find useful whether you’re in the market for a home, thinking about selling your home, or just interested in homeowner issues in general.

The Housing Trends eNewsletter contains the latest information from the National Association of REALTORS®, the U.S. Census Bureau and Realtor.org reports, videos, key market indicators and real estate sales statistics, a video message by a nationally recognized economist, maps, mortgage rates and calculators, consumer articles, plus local neighborhood information and more.

Please click here to view the June 2016 Newsletter Housing Trends eNewsletter.

Please click here for real estate market reports specific to The Woodlands Texas.

If you are interested in determining the value of your home, click the Home Evaluator link for a free evaluation report.

Community Neighborhoods Real Estate

The Woodlands TX 67 Marlberry Branch

The Woodlands TX Beautiful remodeled move-in-ready home on extensively landscaped lot in a convenient location! You will marvel at the beautiful plants as you walk up to the covered front porch. Decorator touches throughout! Spacious kitchen with granite and new appliances! Awesome master bath with freestanding tub, tiled shower with frameless enclosure and “barn door” for privacy. Covered back patio plus more interesting landscaping! Minutes to I-45 and the many amenities of The Woodlands Town Center!

Alden Bridge village is located in the northwest section of The Woodlands. Alden Bridge Park, largest in The Woodlands, features a pool, basketball/tennis courts, picnic areas, fishing, and skateboard track. The Conservatory, a 55+ senior independent living rental complex is located at Alden Bridge and Crown Ridge. Shopping areas include Windvale Village and Alden Bridge Centers.

Neighborhoods in Alden Bridge: Acacia Park, Alden Trace, Alderon Woods, Ashley Green, Auburn Place, Autumn Branch, Avonlea Court, Benton Woods, Bethany Bend, Bluff Creek, Brooksedge, Camellia Grove, Canopy Oaks, Cedar Grove, Clingstone, Clovergate, Cottage Green, Cottage Grove, Cypress Lake, Deepdale, Eagle Mead, Elm Crescent, Elm Grove, Evangeline Oaks, Fairbranch, Foxbriar, Glen Erin, Glentrace, Goldenvine, Granite Ridge, Green Gable, Greenhill Terrace, Greenvine, Harvest Wind, Hawthorne Hollow, Hidden Meadow, Hollylaurel, Jasmine Bend, Larkwood, Laurelhurst, Linton Ridge, Maple Glade, Marlberry Branch, Meadowbrook, Millport, Noble Bend, Orchard Pines, Pinery Ridge, Pipers Green, Pleasant Hill, Plum Crest, Russet Grove, Sandalbranch, Sienna Bend, Silver Woods, Slatestone, Spring Hill, Sterling Pond, Stockbridge Landing, Summerhaze, Summerlyn Lane, Summerlyn Waye, Sundance, Sundance Falls, Taylor Point, Terradale, Truberry Bend, Valley Oak, Veranda Ridge, Villa Oaks, Walden Elms, Webb Creek, Westwinds, Whistlers Bend, Wildflower Trace, Willow Point, Windvale Park, Wintergreen Trail, Wynnoak.

Visit Michele Flory for more information on this home

Real Estate Market

The Woodlands Real Estate July 2013

The Woodlands real estate inventory continues to remain at a low level and will trend even lower as we follow the seasonal curve. Pristine listings are still receiving over-list multiple offers in specific price ranges.

After setting a three-year record in May, sales moderated in June. Days-on-market is the number of days from listing to contract. This number continues to reach new lows with June at 46.6.

The ratio of list price to actual sale price for homes in The Woodlands has reached a new high of 98.1%.
In summary, our new highs and new lows are aligned with the correct categories to insure a bright three to five years for The Woodlands real estate market.

Months of Inventory is defined by the National Association of Realtors as current inventory divided by the average number of monthly sales for the previous 12 months. A month’s of inventory above six is defined as a buyer’s market; a number below six is defined as a seller’s market. Six months is defined as a balanced market. The average Months of Inventory in The Woodlands as of July 1 is 1.9.

Visit Michele Flory for more details.

Community Real Estate Market

The Woodlands Real Estate $700,000 to $800,000 List Price Range

The Woodlands Real Estate  April 2013
The Woodlands real estate inventory of homes for sale in this list price range is down 7% from same period last year. Interesting to note significant jump in number of active listings for March and April.

The Woodlands Real Estate  April 2013
Inventory of available homes is concentrated in The Woodlands Villages of Sterling Ridge and Creekside Park.

The Woodlands Real Estate  April 2013
YTD written contracts are 24% above same period last year with a significant jump in March.

The Woodlands Real Estate  April 2013
Months of inventory is defined by the National Association of Realtors as current inventory divided by the average number of monthly sales for the previous 12 months. A months of inventory above six is defined as a buyer’s market; a number below 6 is defined as a seller’s market. Six months is defined as a balanced market. Months of inventory in this list price range as of today is 4.1; higher than The Woodlands current real estate overall market 1.8 months. This number will begin to trend down next month.

The Woodlands Real Estate  April 2013
Days on market is defined as number of days from list date to contract date. This category always lags one month since it is based on contract activity. At 159 days for the month of March compared to an overall market of 87.8 days on market.

The Woodlands Real Estate  April 2013
This chart compares the list price of a home to the actual sale price of the home. The average percentage for March was 95.0 compared to The Woodlands overall average of 97.1.

The Woodlands Real Estate  April 2013
Centralized Showing Service coordinates 99% of the showings for active listings in The Woodlands. Combining their data with HAR data, each active listing in this list price range was visited by an average of 10.7 buyers during the month of March versus The Woodlands overall average of 25.1.

Visit Michele Flory for more information on The Woodlands real estate.

If you are considering selling your home, we would welcome the opportunity to discuss several of our unique marketing options to maximize the value of your home. If you are searching for a home in The Woodlands in this list price range and noticing that new listings are changed from Active to Pending or Sold within the same hour or day, we should discuss the topic of Pocket Listings.

Community Real Estate Market

The Woodlands Real Estate $400,000 to $500,000 List Price Range

The Woodlands Real Estate  April 2013
The Woodlands real estate inventory of homes for sale in this list price range is down 47% from same period last year.

The Woodlands Real Estate  April 2013
Available homes for sale in this list price range are distributed in all of The Woodlands Villages. Slight concentration in neighborhoods along Branch Crossing south of Woodlands Parkway.

The Woodlands Real Estate  April 2013
WOW! Written contracts are up 76% YTD from same period last year. Sellers in this list price are participating in the 3-step plan….LIST – PACK – MOVE. A note of advise for potential sellers; select your next home first before listing if you plan to remain in The Woodlands. In previous years, the traditional strategy was to list your home and receive an executed contract first, then begin search for next home. In today’s market in The Woodlands, you should select your next home first….then list your home.

The Woodlands Real Estate  April 2013
Months of inventory is defined by the National Association of Realtors as current inventory divided by the average number of monthly sales for the previous 12 months. A months of inventory above six is defined as a buyer’s market; a number below 6 is defined as a seller’s market. Six months is defined as a balanced market. Months of inventory in this list price range as of today is 1.3; lower than The Woodlands current real estate overall market 1.8 months.

The Woodlands Real Estate  April 2013
Days on market is defined as number of days from list date to contract date. This category always lags one month since it is based on contract activity. At 33 days for the month of March compared to an overall market of 87.8 days on market, this means there are significantly more buyers than seller in this list price range.

The Woodlands Real Estate  April 2013
This chart compares the list price of a home to the actual sale price of the home. The average percentage for March was 98.0 compared to The Woodlands overall average of 97.1.

The Woodlands Real Estate  April 2013
Centralized Showing Service coordinates 99% of the showings for active listings in The Woodlands. Combining their data with HAR data, each active listing in this list price range was visited by an average of 36.8 buyers during the month of March versus The Woodlands overall average of 25.1.

Visit Michele Flory for more information on The Woodlands real estate.

If you are considering selling your home, we would welcome the opportunity to discuss several of our unique marketing options to maximize the value of your home. If you are searching for a home in The Woodlands in this list price range and noticing that new listings are changed from Active to Pending or Sold within the same hour or day, we should discuss the topic of Pocket Listings.