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.
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.