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The Home Sales Real Estate Report The Woodlands | October 9 th , 2014 Lis@ng Inventory Month By Month Home Sales Month By Month 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 Sold Price To List Price % R By Broker 9000 Forest Crossing Drive | The Woodlands TX 77381 | 281-367-3531 281-367-3531

The woodlands re report september octover 2014

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September Real Estate Report for #TheWoodlands area

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Page 1: The woodlands re report september octover 2014

The$Home$Sales$Real$Estate$Report$$The$Woodlands$|$October$9th,$2014$Lis@ng$Inventory$Month$By$Month$Home$Sales$Month$By$Month$$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$$Sold$Price$To$List$Price$%$R$By$Broker$$

9000 Forest Crossing Drive | The Woodlands TX 77381 | 281-367-3531

281-367-3531

Page 2: The woodlands re report september octover 2014

The Woodlands Texas Real Estate Report!Unsold Listing Inventory - Month to Month / 2009 to 2014!

Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec2014 355 366 373 445 497 556 617 682 669 6802013 402 377 407 426 421 423 454 465 429 388 392 3862012 685 695 695 699 665 668 660 634 568 528 485 4062011 874 956 1001 1045 1060 990 952 951 875 854 803 7462010 699 776 837 918 928 1001 1084 1107 1058 988 878 8692009 762 819 831 890 931 920 973 933 863 807 783 746

Better Homes And Gardens Real Estate Gary Greene - 9000 Forest Crossing, The Woodlands Texas / 281-367-3531!Data obtained from the Houston Association of Realtors Multiple Listing Service - Single Family/TheWoodlands TX

350

550

750

950

1150

Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec

355 366 373445 497 556

617682 669 680

2014 2013 2012 2011 2010 2009

Page 3: The woodlands re report september octover 2014

The Woodlands Texas Real Estate Report!Properties Placed Under Contract - Month to Month / 2009 to 2014!

Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec2014 195 203 277 314 300 297 218 233 1552013 182 257 290 327 364 304 270 228 177 212 149 1332012 139 196 275 303 323 265 267 239 173 207 178 1452011 161 145 236 232 265 272 245 212 182 153 122 1252010 111 166 224 269 188 177 194 175 167 167 121 1262009 114 158 172 207 224 224 229 173 169 156 120 109

Better Homes And Gardens Real Estate Gary Greene - 9000 Forest Crossing, The Woodlands Texas / 281-367-3531!Data obtained from the Houston Association of Realtors Multiple Listing Service - Single Family/TheWoodlands TX

175

250

325

400

Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec

195 203

277314 300 297

218 233

155

2014 2013 2012 2011 2010 2009

Page 4: The woodlands re report september octover 2014

KEY INFORMATION

3 Years (Quarterly) Q3 2011 - Q3 2014

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

4XDUWHUO\�� 7RWDO���&KDQJH

33.432.53

4XDUWHUO\�&KDQJH

7,154.90Median

7RWDO�&KDQJHAverage 8,643.86 103,726.31 30.32

85,858.842.79

Sublocations:All

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

HAR AllAll AllAllAll Lot Size:Bedrooms:Property Types:

107

3 Years (Quarterly) Construction Type:Price:Period:MLS:

10/11/14%URNHU0HWULFV�Information not guaranteed. © 2014 - 2015 Terradatum and its suppliers and licensors (http://www.terradatum.com/metrics/licensors).

© 2014 - 2015 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

1 of 2

Page 5: The woodlands re report september octover 2014

BHGRE Gary Greene

3 Years (Quarterly) Q3 2011 - Q3 2014

Market DynamicsSold Average vs. Median Price

Time Period # Properties Sold Sold Average $ Sold Median $ Sold Avg DOMAverage $ - Median $ Median $ as % of Average $717Q3 2014 421,952 80.6340,000 81,952 32766Q2 2014 456,049 76.6349,500 106,549 31473Q1 2014 435,729 73.4320,000 115,729 41519Q4 2013 430,840 76.4329,000 101,840 42780Q3 2013 423,354 75.0317,306 106,049 28859Q2 2013 414,065 74.9310,000 104,065 32512Q1 2013 373,925 77.3289,200 84,725 53548Q4 2012 370,342 72.9270,000 100,342 55717Q3 2012 352,326 79.2279,000 73,326 52791Q2 2012 373,113 77.7290,000 83,113 59399Q1 2012 374,477 75.7283,422 91,055 72439Q4 2011 335,433 76.0255,000 80,433 77700Q3 2011 360,917 73.4265,000 95,917 73

© 2014 - 2015 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 10/11/142 of%URNHU0HWULFV�Information not guaranteed. © 2014 - 2015 Terradatum and its suppliers and licensors (http://www.terradatum.com/metrics/licensors).

Page 6: The woodlands re report september octover 2014

KEY INFORMATION

3 Years (Quarterly) Q3 2011 - Q3 2014

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

4XDUWHUO\�� 7RWDO���&KDQJH

33.432.53

4XDUWHUO\�&KDQJH

7,154.90Median

7RWDO�&KDQJHAverage 8,643.86 103,726.31 30.32

85,858.842.79

Sublocations:All

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

HAR AllAll AllAllAll Lot Size:Bedrooms:Property Types:

107

3 Years (Quarterly) Construction Type:Price:Period:MLS:

10/11/14%URNHU0HWULFV�Information not guaranteed. © 2014 - 2015 Terradatum and its suppliers and licensors (http://www.terradatum.com/metrics/licensors).

© 2014 - 2015 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

1 of 2

Page 7: The woodlands re report september octover 2014

BHGRE Gary Greene

3 Years (Quarterly) Q3 2011 - Q3 2014

Market DynamicsSold Average vs. Median Price

Time Period # Properties Sold Sold Average $ Sold Median $ Sold Avg DOMAverage $ - Median $ Median $ as % of Average $717Q3 2014 421,952 80.6340,000 81,952 32766Q2 2014 456,049 76.6349,500 106,549 31473Q1 2014 435,729 73.4320,000 115,729 41519Q4 2013 430,840 76.4329,000 101,840 42780Q3 2013 423,354 75.0317,306 106,049 28859Q2 2013 414,065 74.9310,000 104,065 32512Q1 2013 373,925 77.3289,200 84,725 53548Q4 2012 370,342 72.9270,000 100,342 55717Q3 2012 352,326 79.2279,000 73,326 52791Q2 2012 373,113 77.7290,000 83,113 59399Q1 2012 374,477 75.7283,422 91,055 72439Q4 2011 335,433 76.0255,000 80,433 77700Q3 2011 360,917 73.4265,000 95,917 73

© 2014 - 2015 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 10/11/142 of%URNHU0HWULFV�Information not guaranteed. © 2014 - 2015 Terradatum and its suppliers and licensors (http://www.terradatum.com/metrics/licensors).

Page 8: The woodlands re report september octover 2014

%+*5(�*DU\�*UHHQH0DUNHW�'\QDPLFV

3 Years (Quarterly) Q3 2011 - Q3 2014Average DOM for Under Contract Properties

4XDUWHUO\��-3.38

107

7RWDO���&KDQJH

Sq Ft:Bathrooms:All All

DOM

Construction Type:

Sublocations:

Period:Property Types:

-43.98 -61.994XDUWHUO\�&KDQJH

-4.77

Lot Size:All

KEY INFORMATION

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

7RWDO�&KDQJH

AllMLS: Price:3 Years (Quarterly)

Information not guaranteed. © 2014 - 2015 Terradatum and its suppliers and licensors (http://www.terradatum.com/metrics/licensors).

%URNHU0HWULFV� 1 of 2

© 2014 - 2015 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

10/11/14

Page 9: The woodlands re report september octover 2014

Average DOM for Under Contract PropertiesMarket Dynamics BHGRE Gary Greene

3 Years (Quarterly) Q3 2011 - Q3 2014

Period Avg DOM Avg CDOMContract# UnderTime

38Q3 2014 5057129Q2 2014 3981338Q1 2014 5762743Q4 2013 5945032Q3 2013 4962529Q2 2013 4790343Q1 2013 6666560Q4 2012 8748748Q3 2012 6964256Q2 2012 8880770Q1 2012 11456675Q4 2011 11137974Q3 2011 107593

2

© 2014 - 2015 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

10/11/14Information not guaranteed. © 2014 - 2015 Terradatum and its suppliers and licensors (http://www.terradatum.com/metrics/licensors).

%URNHU0HWULFV� 2 of

Page 10: The woodlands re report september octover 2014

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

2 Years (Monthly) 09/01/12 - 09/30/14

%+*5(�*DU\�*UHHQH

Sublocations:

15.60

Price:HAR Bedrooms:Period:

0RQWKO\��MSI-UC

2 Years (Monthly)

107

0.65

Single-Family: (Free Standing, Patio Home)

7RWDO���&KDQJH

Property Types:

KEY INFORMATION

AllAll Lot Size:All

0.400RQWKO\�&KDQJH

0.027RWDO�&KDQJH

Sq Ft:AllAll Bathrooms:MLS: AllConstruction Type:

Information not guaranteed. © 2014 - 2015 Terradatum and its suppliers and licensors (http://www.terradatum.com/metrics/licensors).

%URNHU0HWULFV� 1 of 2

© 2014 - 2015 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

10/11/14

Page 11: The woodlands re report september octover 2014

BHGRE Gary GreeneMarket DynamicsMonths Supply of Inventory (UC Calculation)

2 Years (Monthly) 09/01/12 - 09/30/14

Period NAR MSI # SoldMSI# For Sale Last

Day of Month# UnderContract

Time

3.8Sep-14 147 1857034.8

3.1Aug-14 223 2297183.2

2.5Jul-14 201 3037463.7

2.4Jun-14 276 2696592.4

2.4May-14 260 2696452.5

2.5Apr-14 277 2285642.0

2.5Mar-14 260 2055031.9

3.2Feb-14 186 1434592.5

3.5Jan-14 181 1254432.4

2.5Dec-13 120 1724383.6

2.7Nov-13 138 1774833.5

2.9Oct-13 192 1704942.6

2.8Sep-13 165 1925333.2

2.0Aug-13 213 2785542.6

1.8Jul-13 247 3105542.2

1.6Jun-13 273 3215281.9

1.7May-13 341 3065251.5

2.3Apr-13 289 2325261.8

2.3Mar-13 261 2124851.9

2.7Feb-13 223 1694562.0

3.6Jan-13 181 1314682.6

2.6Dec-12 135 1814713.5

3.0Nov-12 164 1825463.3

3.2Oct-12 188 1855843.1

2.8Sep-12 165 2206223.8

2

© 2014 - 2015 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

10/11/14Information not guaranteed. © 2014 - 2015 Terradatum and its suppliers and licensors (http://www.terradatum.com/metrics/licensors).

%URNHU0HWULFV� 2 of

Page 12: The woodlands re report september octover 2014

! Page 1 9000 Forest Crossing The Woodlands, Texas 77381 Office: 281.367.3531 or 800.932.7253

The Woodlands Texas Real Estate Report Months Supply Of “For Sale” Listing Inventory – October 9th, 2014

Q. Is it a Seller’s Market? According to real estate economists a six-month supply of For Sale Inventory represents a balanced market. Over six months of For Sale Inventory indicates a buyer’s market. Less than six months of inventory in considered a seller’s market. As we can see from these inventory numbers below, sellers priced under $1,000,000 enjoy a seller’s market. Here’s a break down by price. PRICE RANGE. . . . . . . . . . . . . . . MONTHS SUPPLY OF LISTING INVENTORY

$000,000 – $200,000 . . . . . . . . . . . . . . . . . . . . 27 Days

$200,001 – $300,000 . . . . . . . . . . . . . . . . . . . . 2.0 Month $300,001 – $400,000 . . . . . . . . . . . . . . . . . . . . 2.9 Months $400,001 – $500,000 . . . . . . . . . . . . . . . . . . . . 3.2 Months $500,001 – $600,000 . . . . . . . . . . . . . . . . . . . . 4.3 Months $600,001 – $700,000 . . . . . . . . . . . . . . . . . . . . 5.2 Months $700,001 – $800,000 . . . . . . . . . . . . . . . . . . . . 5.3 Months $800,001 – $900,000 . . . . . . . . . . . . . . . . . . . . 4.8 Months $900,001 – $1,000,000 . . . . . . . . . . . . . . . . . . . 6.0 Months $1,000,001+ . . . . . . . . . . . . . . . . . . . . . . . . . . . 13.6 Months All Price Ranges . . . . . . . . . . . . . . . . . . . . . . . 3.3 Months

What does this mean? For buyers, in a seller’s market, when you find something you love, don’t hesitate to submit an offer. If you snooze you lose out. For sellers: Three key factors that impact salability are merchandising (staging), massive broadcast marketing and a savvy Coming Soon Strategy. Choose the best broker to help you position your property aggressively in today’s market and you’ll sell your property for HIGHEST possible price and the BEST possible terms. Ignore these salability factors even in a strong seller’s market the property will languish unsold. Closing thoughts. While mulling over these inventory numbers, keep in mind these figures represent big averages across The Woodlands. Real estate is hyper local in nature and market conditions for your specific property, in your specific neighborhood may be different that the big average you see above. To find out what’s happening in your neighborhood, contact us and we’ll provide you with an up to the minute, on-target Months Supply of Inventory report. Give us a call and we’ll send you your free report – pronto.

Page 13: The woodlands re report september octover 2014

Market Share Totals BHGRE Gary Greene

Sublocations:

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

Bathrooms:Property Types:

AllDate: AllCMS All

107

HAR All06/01/2014 - 10/03/2014 SoldStatus: Construction Type:Type: Bedrooms:MLS:

Information not guaranteed. © 2014 - 2015 Terradatum and its suppliers and licensors (http://www.terradatum.com/metrics/licensors).© 2014 - 2015 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%URNHU0HWULFV� 1 of 10/03/14

Kenneth Brand
Average Sold Price = $556,000Sold Price To List Price % = 97.4%
Kenneth Brand
Kenneth Brand
Kenneth Brand
Take Advantage Of This STRONG Seller’s Market!Don’t Choose The Wrong Broker And Lose.Sell For More, Net More With Gary Greene.Call Today For Details On How WE Help Our Seller’s Sell For Top Dollar.
Kenneth Brand
Kenneth Brand
= The Woodlands
Kenneth Brand
The Woodlands, TX