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The Home Sales Real Estate Sales Report Magnolia TX | 77354 | April 2013 Average Sold Price / Median Sold Price – Month By Month Average Price Per Square Foot – Month By Month Average Days On Market – Month By Month Months Supply of For Sale Inventory – Month By Month Woodforest Plaza | 6875 FM 1488, Suite 800 | Magnolia TX 77354 | 281-367-3531 281-367-3531

Real Estate Report: Homes Sales in Magnolia TX

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Page 1: Real Estate Report: Homes Sales in Magnolia TX

The$Home$Sales$Real$Estate$Sales$Report$$Magnolia$TX$|$77354$|$April$2013$$Average$Sold$Price$/$Median$Sold$Price$–$Month$By$Month$Average$Price$Per$Square$Foot$–$Month$By$Month$Average$Days$On$Market$–$Month$By$Month$Months$Supply$of$For$Sale$Inventory$–$Month$By$Month$$$

Woodforest Plaza | 6875 FM 1488, Suite 800 | Magnolia TX 77354 | 281-367-3531

281-367-3531

Page 2: Real Estate Report: Homes Sales in Magnolia TX

2

HIGHEST'AND'BEST''Seller’s1Market'Marke6ng'Plan''

In# this# muscular# seller’s# market# ge2ng# a# property# SOLD# is# an# entry# level,#minimum#expecta=on.# #Striving# to#SELL#your#property# for# the#highestApossibleAprice#with# the#veryAbestAterms# is# the# richer#and#more#profitable# result#you#can#expect#using#our#HIGHEST#AND#BEST#Seller’sAMarket#Marke=ng#Plan.' 'Why'sePle'for' a' mediocre' market1driven' result' when' a' savvy' strategy' driven' plan' can'leverage#market#condi=ons#to#maximize!your!profits#and#amplify!your#success.'''Salable' inventory' is'wafer' thin.' 'Qualified'buyers' lurk'unfulfilled,' frustrated,'and'anxiously'running'in'place'as'they'wait'for'fresh'lis6ng'inventory'to'appear'on'the'market.''Our'HIGHEST1AND1BEST'marke6ng'strategy'creates#a#frenzy#of#interest,#a#queue#of#compe=ng#qualified#buyers#and#mul=ple#offer#possibili=es,'all' leading''to'the'HIGHESTAANDABEST'price,'terms'and'profits'for'your'property.''We'will'help'you'leverage'and'maximize'this'amazing'seller’s1market'opportunity.''Our#strategy# is#simple,# logical#and#powerful.'The'mojo'of'maximized'profits'and'favorable' terms' lie' in' our' partnership# of# prepara=on# with# you,# and# our# crisp##execu=on#of#marke=ng#details,#ac=ons#and#events.''On'your'behalf'our'HIGHESTAANDABEST' marke6ng' plan' taps' into' and' leverages' the' natural' laws' of' supply,'demand' and' human' nature,' merchandising' and' staging,' digital,' print,'photographic'and'copywri6ng'promo6on,'massive'internet'syndica6on,'mobilizing'the'poised1to1pounce' local' real'estate'agent'na6on,'a'Public1Reveal'Open'House'and'trustworthy'6ming,'coordina6on'and'execu6on''Let’s'talk'about'our'Thirteen'Point'Plan'for'sweet'success'and'your'HIGHEST'AND'BEST'result.'

Page 3: Real Estate Report: Homes Sales in Magnolia TX

KEY INFORMATION

2 Years (Monthly) 03/01/11 - 03/31/13

0DUNHW�'\QDPLFV %+*5(�*DU\�*UHHQHSold Average vs. Median Price

0RQWKO\�� 7RWDO���&KDQJH

-0.230.19

0RQWKO\�&KDQJH

-24.64Median

7RWDO�&KDQJHAverage 532.79 12,786.93 4.60

-591.27-0.01

ZIP Codes:All

Bathrooms:Single-Family: (Free Standing, Patio Home, Historic) Sq Ft:

HAR AllAll AllAllAll Lot Size:Bedrooms:Property Types:

77354

2 Years (Monthly) Construction Type:Price:Period:MLS:

04/03/13%URNHU0HWULFV�Information not guaranteed. © 2013 - 2014 Terradatum and its suppliers and licensors (http://www.terradatum.com/metrics/licensors).

© 2013 - 2014 Houston Association of Realtors Certain information contained herein is derived from information which is the licensed property of, and copyrighted by, Houston Association of Realtors

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Page 4: Real Estate Report: Homes Sales in Magnolia TX

BHGRE Gary Greene

2 Years (Monthly) 03/01/11 - 03/31/13

Market DynamicsSold Average vs. Median Price

Time Period # Properties Sold Sold Average $ Sold Median $ Sold Avg DOMAverage $ - Median $ Median $ as % of Average $46Mar-13 322,179 86.3278,000 44,179 7933Feb-13 256,263 87.4224,000 32,263 8134Jan-13 271,353 88.6240,500 30,853 9240Dec-12 279,433 82.8231,500 47,933 7136Nov-12 294,543 89.1262,500 32,043 6137Oct-12 253,089 87.9222,500 30,589 8144Sep-12 292,090 96.6282,250 9,840 10956Aug-12 280,406 88.1247,000 33,406 6155Jul-12 305,494 86.0262,700 42,794 10254Jun-12 304,786 81.3247,800 56,986 5653May-12 284,903 94.8270,000 14,903 13233Apr-12 319,604 93.9300,000 19,604 7136Mar-12 327,281 82.3269,450 57,831 8019Feb-12 309,808 99.3307,637 2,171 6717Jan-12 269,824 96.4260,000 9,824 11142Dec-11 251,720 88.4222,500 29,220 8431Nov-11 229,423 91.5210,000 19,423 9735Oct-11 295,667 104.8309,990 -14,323 8328Sep-11 320,602 91.3292,765 27,837 8344Aug-11 265,715 87.9233,500 32,215 10745Jul-11 319,563 83.2266,000 53,563 12439Jun-11 264,281 84.9224,300 39,981 7244May-11 261,891 90.6237,250 24,641 7331Apr-11 252,314 92.4233,200 19,114 10640Mar-11 284,206 93.2264,950 19,256 114

© 2013 - 2014 Houston Association of Realtors Certain information contained herein is derived from information which is the licensed property of, and copyrighted by, Houston Association of Realtors

2 04/03/132 of%URNHU0HWULFV�Information not guaranteed. © 2013 - 2014 Terradatum and its suppliers and licensors (http://www.terradatum.com/metrics/licensors).

Page 5: Real Estate Report: Homes Sales in Magnolia TX

0DUNHW�'\QDPLFVAverage $/SQFT (Sold)

2 Years (Monthly) 03/01/11 - 03/31/13

%+*5(�*DU\�*UHHQH

Price:

0.25

AllAll All

5.87

Property Types:HAR

Sold $/SQFT

MLS: AllBathrooms:

0.24

All Construction Type:

7RWDO�&KDQJH

Sq Ft:

0RQWKO\�&KDQJH

2 Years (Monthly)

ZIP Codes:

All

6.02

Lot Size:Period:

0RQWKO\��

Bedrooms:

KEY INFORMATION

7RWDO���&KDQJH

Single-Family: (Free Standing, Patio Home, Historic)77354

04/03/13%URNHU0HWULFV�Information not guaranteed. © 2013 - 2014 Terradatum and its suppliers and licensors (http://www.terradatum.com/metrics/licensors).

© 2013 - 2014 Houston Association of Realtors Certain information contained herein is derived from information which is the licensed property of, and copyrighted by, Houston Association of Realtors

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Page 6: Real Estate Report: Homes Sales in Magnolia TX

Average $/SQFT (Sold)2 Years (Monthly) 03/01/11 - 03/31/13

Market Dynamics BHGRE Gary Greene

#

FOR SALE

SQFTPeriod$/Avg

SQFTTime

Avg $

UNDER CONTRACT

# Avg $Avg

SQFT$/

SQFT

SOLD EXPIRED NEW LISTINGS

# # #Avg $ Avg $ Avg $Avg

SQFT$/

SQFTAvg

SQFT$/

SQFTAvg

SQFT$/

SQFT

119Mar-13 249 2,986351,609 61 297,861 2,826 105 46 25 85322,179 344,668 326,1822,953 109 2,971 119 2,799 117120Feb-13 240 2,993356,987 45 352,046 2,918 121 33 31 59256,263 322,891 361,6082,550 100 2,629 123 2,939 124115Jan-13 253 3,017346,556 42 289,973 2,804 103 34 30 59271,353 371,928 324,6192,617 104 3,349 111 2,874 113116Dec-12 256 3,021347,816 38 295,377 2,693 110 40 24 30279,433 387,099 344,0742,945 95 3,222 120 2,977 116114Nov-12 277 3,007340,973 33 287,778 2,852 101 36 18 44294,543 346,355 323,1822,871 103 3,045 114 3,017 107113Oct-12 301 2,957333,674 38 302,904 2,870 106 37 30 63253,089 289,868 323,3792,627 96 2,697 107 2,846 114118Sep-12 311 3,045358,947 37 270,048 2,772 97 44 36 40292,090 599,376 325,1212,879 101 3,740 164 2,764 118116Aug-12 355 3,048353,352 54 282,578 2,847 99 56 30 80280,406 385,107 318,1102,870 98 3,057 126 2,964 107116Jul-12 375 3,025348,469 55 323,240 3,040 106 55 45 84305,494 286,813 308,0892,929 104 2,723 105 2,944 105117Jun-12 354 2,995349,217 40 316,745 2,782 114 54 23 74304,786 267,685 315,2382,830 108 2,695 99 2,964 106117May-12 367 2,964345,225 58 279,754 2,708 103 53 29 99284,903 350,915 282,1532,919 98 3,095 113 2,682 105120Apr-12 341 3,092370,511 49 344,791 3,075 112 33 24 93319,604 445,202 321,0702,933 109 3,382 132 2,940 109120Mar-12 327 3,108372,833 46 303,346 2,795 109 36 33 78327,281 347,811 320,3163,038 108 3,237 107 2,967 108122Feb-12 303 3,138381,534 32 288,593 2,885 100 19 22 55309,808 429,007 307,9813,025 102 3,342 128 2,788 110122Jan-12 306 3,202388,990 23 369,844 2,942 126 17 35 59269,824 338,825 320,1713,011 90 3,269 104 3,069 104122Dec-11 299 3,177387,141 26 285,408 2,760 103 42 26 43251,720 315,138 342,4912,512 100 3,056 103 3,073 111122Nov-11 320 3,148382,922 36 285,045 2,746 104 31 28 42229,423 401,627 377,0362,451 94 3,248 126 3,048 124119Oct-11 338 3,114369,558 28 240,266 2,512 96 35 32 52295,667 358,860 297,1373,032 98 3,223 111 2,767 107120Sep-11 352 3,135373,677 33 299,954 2,864 105 28 33 79320,602 368,975 300,2542,972 108 3,038 121 2,982 102121Aug-11 345 3,114373,275 41 321,324 2,900 111 44 31 58265,715 251,334 392,5242,710 98 2,775 101 3,033 129119Jul-11 346 3,101363,247 31 305,855 2,866 107 45 28 63319,563 363,878 317,6143,012 106 3,068 119 3,024 105120Jun-11 372 3,082364,723 48 329,806 2,905 114 39 41 73264,281 345,671 311,7302,713 97 3,044 114 2,949 106121May-11 364 3,057364,180 37 279,360 2,701 103 44 28 66261,891 332,304 433,4682,851 92 2,918 114 3,021 143114Apr-11 369 3,024340,567 48 271,317 2,782 98 31 23 86252,314 377,978 305,5862,682 94 3,008 126 2,783 110114Mar-11 340 3,049342,139 30 286,137 2,849 100 40 27 73284,206 309,415 299,4832,923 97 2,764 112 2,799 111

© 2013 - 2014 Houston Association of Realtors Certain information contained herein is derived from information which is the licensed property of, and copyrighted by, Houston Association of Realtors

2 04/03/132 of%URNHU0HWULFV�Information not guaranteed. © 2013 - 2014 Terradatum and its suppliers and licensors (http://www.terradatum.com/metrics/licensors).

Page 7: Real Estate Report: Homes Sales in Magnolia TX

%+*5(�*DU\�*UHHQH0DUNHW�'\QDPLFV

2 Years (Monthly) 03/01/11 - 03/31/13Average DOM for Under Contract Properties

0RQWKO\��-0.65

77354

7RWDO���&KDQJH

Sq Ft:Bathrooms:All All

DOM

Construction Type:

ZIP Codes:

Period:Property Types:

-15.69 -16.880RQWKO\�&KDQJH

-0.70

Lot Size:All

KEY INFORMATION

Single-Family: (Free Standing, Patio Home, Historic) AllHAR AllBedrooms:

7RWDO�&KDQJH

AllMLS: Price:2 Years (Monthly)

Information not guaranteed. © 2013 - 2014 Terradatum and its suppliers and licensors (http://www.terradatum.com/metrics/licensors).

%URNHU0HWULFV� 1 of 2

© 2013 - 2014 Houston Association of Realtors Certain information contained herein is derived from information which is the licensed property of, and copyrighted by, Houston Association of Realtors

04/03/13

Page 8: Real Estate Report: Homes Sales in Magnolia TX

Average DOM for Under Contract PropertiesMarket Dynamics BHGRE Gary Greene

2 Years (Monthly) 03/01/11 - 03/31/13

Period Avg DOM Avg CDOMContract# UnderTime

68Mar-13 856183Feb-13 1564577Jan-13 1114298Dec-12 1143881Nov-12 1213362Oct-12 1053869Sep-12 1083785Aug-12 11954

110Jul-12 1455574Jun-12 1964058May-12 9158

120Apr-12 1764986Mar-12 1614679Feb-12 1723281Jan-12 1232355Dec-11 10526

110Nov-11 1753674Oct-11 1252899Sep-11 16933

106Aug-11 1994178Jul-11 13831

117Jun-11 1854883May-11 1673779Apr-11 1694894Mar-11 14830

2

© 2013 - 2014 Houston Association of Realtors Certain information contained herein is derived from information which is the licensed property of, and copyrighted by, Houston Association of Realtors

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%URNHU0HWULFV� 2 of

Page 9: Real Estate Report: Homes Sales in Magnolia TX

Months Supply of Inventory (UC Calculation)0DUNHW�'\QDPLFV

2 Years (Monthly) 03/01/11 - 03/31/13

%+*5(�*DU\�*UHHQH

ZIP Codes:

-50.27

Price:HAR Bedrooms:Period:

0RQWKO\��MSI-UC

2 Years (Monthly)

77354

-2.09

Single-Family: (Free Standing, Patio Home, Historic)

7RWDO���&KDQJH

Property Types:

KEY INFORMATION

AllAll Lot Size:All

-4.500RQWKO\�&KDQJH

-0.197RWDO�&KDQJH

Sq Ft:AllAll Bathrooms:MLS: AllConstruction Type:

Information not guaranteed. © 2013 - 2014 Terradatum and its suppliers and licensors (http://www.terradatum.com/metrics/licensors).

%URNHU0HWULFV� 1 of 2

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04/03/13

Page 10: Real Estate Report: Homes Sales in Magnolia TX

BHGRE Gary GreeneMarket DynamicsMonths Supply of Inventory (UC Calculation)

2 Years (Monthly) 03/01/11 - 03/31/13

Period NAR MSI # SoldMSI# For Sale Last

Day of Month# UnderContract

Time

3.5Mar-13 61 461632.7

5.0Feb-13 45 331643.6

5.3Jan-13 42 341814.3

4.8Dec-12 38 401945.1

6.3Nov-12 33 362266.8

6.3Oct-12 38 372336.1

5.4Sep-12 37 442386.4

4.8Aug-12 54 562715.0

5.0Jul-12 55 552755.0

5.4Jun-12 40 542917.3

5.3May-12 58 532804.8

8.1Apr-12 49 332685.5

6.9Mar-12 46 362485.4

13.1Feb-12 32 192497.8

14.6Jan-12 23 1724810.8

5.9Dec-11 26 422479.5

8.3Nov-11 36 312567.1

7.9Oct-11 28 352789.9

10.2Sep-11 33 282868.7

6.2Aug-11 41 442736.7

6.4Jul-11 31 452879.3

7.3Jun-11 48 392835.9

6.8May-11 37 442998.1

9.6Apr-11 48 312986.2

7.1Mar-11 30 402839.4

2

© 2013 - 2014 Houston Association of Realtors Certain information contained herein is derived from information which is the licensed property of, and copyrighted by, Houston Association of Realtors

04/03/13Information not guaranteed. © 2013 - 2014 Terradatum and its suppliers and licensors (http://www.terradatum.com/metrics/licensors).

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