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.