The Woodlands Home Sales REport for July 2016 | BHGRE Gary Greene


Click HERE to download and view the .PDF version.

Click HERE to download and view the .PDF version.


Greetings Friends:-) Here’s a quick what happened in June and what we feel will happen in July real estate market snap shot for ‪#‎TheWoodlands‬.

Listing inventory remains steady and unalarming at 957 active For Sale Listings ranging from $152,000 to $9,000,000. Selection is excellent for buyers and competition is fierce among sellers.

June sales totaled 212 (all brokers combined), just shy of last June’s total of 249. I believe we can attribute this months mild disappointment to the horrendous flooding. We lost a week of normal activity as neighbors, friends and family recovered.

Months Supply Of Inventory (all price ranges) show that it’s a Seller’s Market with 5.6 months of inventory.

But don’t be fooled.

Real estate is hyper local, which means that Months Supply Of Inventory whipsaws wildly when you break it down by price range. For example, there is an 81 month supply of inventory over $3,000,000 and a mere 1.4 month supply of inventory below $200,000. It’s a buyer’s market in all ranges above $500,000.

In closing:

Selection for buyers is super fab, mortgage rates are ridiculously low and it’s all systems go.

Competition among sellers is seriously fierce. Sellers have another 35 days or so left in the summer selling season. Once mid August arrives, buyer activity begins to dwindle. Now is the time to take action to position yourself for a sale in the next 35 days. Keep in mind that today, of the 957 active listings, 428 have had at least one price reduction. Take action now.

Thanks for you time and attention. If I can be helpful let me know. Cheers and all the super best.

July 2016:2015Listing Inventory Month to Month The Woodlands


June 2016 Under Contract Month to Month The Woodlands


The Woodlans 2016 Months Supply Of Inventory By Price Range - Real Estate Market Report - July 2016

May Home Sales Reports for The Woodlands, 77386, 77389 and 77354.

May Home Sales Reports Ready For Sharing.

Mind blown

To view and download all Home Sales Reports – Click HERE.

The Woodlands Home Sales Report – Click HERE

77389 Home Sales Report – Click HERE.

Spring 77386 Home Sales Report – Click HERE.

Magnolia 77354 Home Sales Report Click HERE.


Thanks for all you do.  Let me know if I can be helpful.

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

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

The Woodlands Home Sales Report – April 2016.

The Good News…We’re On IT!

The Other News…It’s A No Joke, No-Time-For-Bozos Real Estate Market.


Selection Is Excellent For Buyers.  Competition is Fierce For Sellers.

2016:2015Listing Inventory Month to Month The Woodlands April


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

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


Official and Indisputable.

2016 Under Contract Month to Month The Woodlands March

To succeed in this slow selling market we must take aggressive action.

Facts To Consider.

383 (45%) of the 863 Active Listings have had at least one price reduction.

Average Number Of Days On Market for unsold active listings is 91.  61 Days On Market for homes closed in April.

On average, homes sold for 95% of the Original List Price in April.

The total number of Listings Placed Under Contract in April were down 31.29% compared to April 2015.

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

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

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 – April 2016

Screenshot 2016-04-04 08.19.47


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

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

kb head shot web

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


[Read more…]