Who Rules According To Months Supply Of Inventory
According to real estate economists, 6 months supply of For Sale Inventory represents a balanced market. A higher number means it’s leaning towards a buyers market, less of course would be a sellers market.
Here’s the thing, these numbers represent big averages across The Woodlands. Real estate is hyper local in nature. Market conditions are for your specific property, in your specific neighborhood may be different that the big average you see below. To find out, contact a Realtor Icon and have them run an up to the minute, on-target market report for you.
Things that affect salability and competitive positioning of the property include, marketing, merchandising/staging/presentation and pricing. Tweak and amplify those three factors and you’ll be one of the successful sellers attracting a qualified buyer. Ignore one; two or three of the salability factors and the property will languish. Before you pick a list price for your property, watch this video.
August 2nd, 2009 – Months Supply Of For Sale Listing Inventory – The Woodlands TX
Price Range. . . . . . . . . Months Supply Of Inventory
$000,000 – $200,000 . . . . . . . . . . . . . . . . 4
$200,001 – $300,000 . . . . . . . . . . . . . . . . 5.3
$300,001 – $400,000 . . . . . . . . . . . . . . . . 6.2
$400,001 – $500,000 . . . . . . . . . . . . . . . . 9
$500,001 – $600,000 . . . . . . . . . . . . . . . . 5.6
$600,001 – $700,000 . . . . . . . . . . . . . . . 8
$700,001 – $800,000 . . . . . . . . . . . . . . 11
$800,001 – $900,000 . . . . . . . . . . . . . . 7.9
$900,001 – $1,000,000 . . . . . . . . . . . . . 18
$1,000,001+ . . . . . . . . . . . . . . . . . . . . . . 26.7
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