The Woodlands Home Sales Report | May 2016 | Better Homes And Gardens Real Estate Gary Greene

 April Sales Surge Upward 48%.

Selection For Buyers Is Excellent.

Buyer’s Market Conditions Prevail Above $500,000.


Buyers = Excellent Selection.

Sellers = Fierce Competition.

2016:2015Listing Inventory Month to Month The Woodlands - May


Buyer’s Market Conditions Prevail Above $500,000.

May 2016 Months Supply Of Inventory By Price Range - Real Estate Market Report


Buyer Confidence Soars – April Sales Sure Upward 48%.

2016 Under Contract Month to Month The Woodlands - May

Homebuyer confidence returned in April surging sales 48% above February totals.


 Considerations.

While sales have returned to 2015 levels, listing inventory remains high and competition for sellers is at an all time high (See Months Supply Of Inventory above.)

342 (39.1%) of the 874 Active Listings have had at least one price reduction.

Average Number Of Days On Market for unsold active listings is 86.  52 Days On Market for homes closed in April.

On average, homes sold for 94% of the Original List Price in April.

Sellers and agents with homes priced over $500,000 are operating in a hyper competitive Buyer’s Market .


What’s The Bottom Line?

 

Sellers:  Competition for qualified buyers between you, other sellers and new home builders is fierce.  To succeed in a buyer’s market requires focused attention.  Choosing a hardworking Pro is more important than ever.  Snappy interior and exterior merchandising is critical.  Crisp, attractive property information marketing and world wide internet broadcasting is mandatory.  Choosing a realistic pricing position is powerfully important .

Buyers:  Selection is excellent.  Mortgage rates are favorable.  It’s a Buyer’s Market above $500,000.

Real Estate Pros:  This is a market where Pros shine and dabblers drown.  Make consistent contact.  Share, serve, solve and simplify.  Followup. Follow through.  Hustle. Be an action oriented and promise keeping.  Be a positive leader.  Buyers and sellers need Pro agent representation more than ever.  Forward march.


Click HERE to download and view The Woodlands Home Sales Report – May 2016

The Woodlands May Home Sales Report 2016

 


If we can be helpful, don’t hesitate to call, text or eMail.

Ken Brand  |  Ken@KenBrand.com  |  832-797-1779

Portfolio Of Luxury Homes | Houston Spring Edition 2016 | BHGRE Gary Greene

Some FAB high end Luxury Home Viewing.

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BHGRE Gary Greene and UBC Network Partners Dinner.

Thanks everyone for your support:-)

Our network partners meeting was a big success. Thanks for your support:-)

Posted by Ken Brand – BrandCandid.com on Thursday, March 10, 2016

Top Performers – February 2016 | BHGRE Gary Greene – The Woodlands and Magnolia

Click HERE to view/download the full report. FEBRUARY 2016  TOP PERFORMERS - IndividualsFEBRUARY 2016  TOP PERFORMERS - Teams

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The Woodlands Market Snap Shot – March 1st, 2016 by Ken Brand


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