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Community Real Estate Market

The Woodlands Texas Real Estate Market Reports – June 2016

The Woodlands Texas Real Estate Market June 2016

Inventory for the first of July is 8% higher than a year ago at this time, with 727 homes on the market at this time. Sales for the month of June were off by 13% from last June. We sold 150 homes this June. With the Memorial Day weekend flooding, this could have affected the sales. YTD we have sold 939 homes, as compared to 1084 homes last year. This is off by 13%. Months of inventory has climbed slightly, to 5.7 months, a balanced market good for both buyers and sellers.

June was a bit disappointing for sales. We anticipate sales to be slow the first week of June, but, believe they were even slower than normal with the Memorial Day flooding. Most price ranges have a healthy number of month’s of inventory, and we are hoping the market this month, will be as hot as the weather!

If you would like to see market reports for specific price ranges, please visit our website, www.micheleflory.com or visit this site in coming days for most active list price ranges postings.

Community Real Estate

The Woodlands TX 35 York Gate

35-York-Gate-The-Woodlands-TX

The Woodlands TX. Beautiful upgraded move-in ready home fantastically located on large cul-de-sac street close to parks, schools and shopping! Island kitchen with granite, double ovens, gas cook-top overlooks family room with vaulted ceiling and views of backyard. Spacious downstairs master suite with frame-less glass shower enclosure. Functional floor-plan with downstairs study and huge upstairs game-room with closet that could be 5th bedroom. Upstairs bathroom with granite. Extended tile downstairs! Over-sized yard with mature trees, room for play or add pool!

Community Real Estate Market

The Woodlands TX Real Estate – July 2015

The Woodlands active listings july 2015
the woodlands real estate july 2015-image075
the woodlands real estate new active listings june 2015
The Woodlands TX real estate inventory of listings in July 2015 is up 48% compared to same period last year. Observation: possible mortgage rate increases in 2016 have the attention of local move-larger and move-smaller sellers.

the woodlands real estate july 2015 contracts
the woodlands real estate wrritten contracts june 2015
June 2015 written contracts in The Woodlands TX are down 13% from same period last year. Observation: effect of after-school vacations.

the woodlands real estate months of inventory july 2015
the woodlands real estate months of inventory july 2015
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. An 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. The Woodlands TX July 2015 real estate months of inventory is 4.4 months. Observation: a mixed market.

the woodlands real estate  days on market july 2015
the woodlands real estate days on market june 2015
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. The 49.1 days for the month of June 2015 indicates homes are selling at a slightly faster rate than the average of 50 for the first six months of 2015.

the woodlands real estate list price to sale price june 2015
the woodlands real estate list  price to sale price june 2015
The List Price versus Sale Price chart compares the list price of a home to the actual sale price of the home. The Woodlands TX overall average for June 2015 is 97.3 compared to 97.7 for the first six months of 2015. Observation: pricing is stable.

the woodlands real estate showings july 2015
the woodlands real estate showings june 2015
Centralized Showing Service coordinates 99% of the showings for active listings in The Woodlands TX. Combining their data with HAR data, each active listing in The Woodlands TX was visited by an average of 9.4 buyers during the month of June compared to an average of 11.8 for the first five months of 2015. Observation: same effect as Written Contracts, vacations.

the woodlands real estate july 2015-image086
If you prefer viewing the relationship between active listings and written contracts, this chart provides a two-year history for comparison.

In coming weeks, we will be discussing various list price ranges, including the favorite list price range for investors plus current activity within the gated neighborhoods. In the meantime, visit www.MicheleFlory.com for more information on The Woodlands TX real estate.

If you are searching for a home in The Woodlands TX 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 Pre-Listing and Coming Soon listings.

Community Real Estate Real Estate Market

The Woodlands TX Real Estate Market October 2014

Inventory of homes for sale in The Woodlands TX continues to increase as written contracts and potential buyer visits are beginning to slow as we approach the holiday months. The pulse of the market as measured by Months of Inventory, Days on Market, and List Price-Sale Price Ratios remains strong.

The Woodlands Real Estate New Listings

In the slideshow, we have a pie chart titled New Listings with a breakdown by List Price ranges. New Listings are defined as truly new to the market, not a terminated/re-listed recycled listing. When you see an asterisk next to the DOM number on HAR.com, it means the listing has been recycled to create the illusion of a new listing. Beginning next month, we will add the above month-to-month by year new listing tracking graph to our slideshow.

Interesting that we seem to have three months of increased new listing inventory this year versus only two months in previous two years.

Visit us at www.MicheleFlory.com for more information on The Woodlands real estate market by list price range.

For sellers waiting for the arrival of the large contingent of ExxonMobil buyers, the rumor mill ranges from 600 to 2,500 families during the first quarter 2015. The increased estimate seems to be based on changes in relations with Russia. The rumor mill also mentions ExxonMobil buyer visits during Thanksgiving and Christmas holidays.