The Woodlands Home Sales Report | February 2018

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BUYERS

Make Your Move. Selection Is Strong!  But Not For Long.


SELLERS

Selling Conditions Are Improving.


Talking Points

  • There are 591 active listings to choose from.  $189,900 to $7,850,000.
  • For Sale listing inventory is down 28.7% compared to last years selection at this time. This is excellent news for sellers. Less inventory means less competition between sellers.
  • For buyers, less inventory means less selection.  Plus more competition between home buyers for prime properties.
  • Listings placed under contract in January  were UP 16% from the December.  Down 13.7% from the January 2017 total.
  • While there were fewer sales in January than last year, because listing inventory is down 28.7%, the real estate market is becoming better for sellers and more competitive for home buyers.
  • Average Days On Market for active listings  = 93 Days On Market
  • Average Days On Market for listing placed under contract in December = 68 Days On Market.  Well marketed listings are selling faster and Average Days On Market are drifting steadily lower.
  • We are experiencing strong showing appointment activity and impressive Open House traffic.  As a result we expect the velocity of sales to improve over the next thirty days and surge into spring.

In Conclusion:

Sellers: Competition among sellers remains real. However, due to shrinking inventory, selling conditions are improving. We expect buyer activity to accelerate through the spring and summer. We don’t anticipate spiking sales prices, we do anticipate properties selling faster.

To become a successful seller in this market requires smart strategy and an All-In mentality. All-In for the both. The listing agent and the seller.

Buyers: Selection remains excellent today, but not for long. Shrinking inventory brings shrinking selection. And for Prime Properties, more competition between buyers as we move into spring and summer.

Mortgage rates and monthly payments remain beautifully low.  Motivated Sellers are eager to hear from you. It’s a safe and smart time to make your move. Competition among buyers will elevate as we enter spring and summer.  If you’re considering a move, the sooner the better.


Listing Inventory Month-By-Month.

 


2018 | Listings By Month and Price Range

2017 | Listings By Month and Price Range

 


Listings Placed Under Contract (Sales).

 


2018 |Sales By Month and Price Range.

2017 |Sales By Month and Price Range.


Months Supply Of Inventory By Price Range.

 

 


In Conclusion:

Sellers: Competition among sellers remains real. However, due to shrinking inventory, selling conditions are improving. We expect buyer activity to accelerate through the spring and summer. We don’t anticipate spiking sales prices, we do anticipate properties selling faster.

To become a successful seller in this market requires smart strategy and an All-In mentality. All-In for the both. The listing agent and the seller.

Buyers: Selection remains excellent today, but not for long. Shrinking inventory brings shrinking selection. And for Prime Properties, more competition between buyers as we move into spring and summer.

Mortgage rates and monthly payments remain beautifully low.  Motivated Sellers are eager to hear from you. It’s a safe and smart time to make your move. Competition among buyers will elevate as we enter spring and summer.  If you’re considering a move, the sooner the better.

 


 Click HERE To view/download/print/share the full market report info.

Homes Sales Reports for The Woodlands, 77386, 77354 and 77389 | January 2018

Home Sales Reports are ready for sharing world wide:-)


Click HERE to download The Woodlands Home Sales Report.


Click HERE to download the 77386 Home Sales Report.


Click HERE to download the 77354 Home Sales Report.


Click HERE to download the 77389 Home Sales Report.


Click HERE to download/view/print/share all Home Sales Reports.

The Woodlands Home Sales Report – January 2018

Click HERE To view/download/print/share the full market report info.


BUYERS

Make Your Move. Selection Is Strong!  But Shrinking.


SELLERS

Selling Conditions Are Improving.


Talking Points

  • There are 597 active listings to choose from between $169,999 to $7,259,000.
  • Inventory is down 17.31% compared to last years selection at this time. [ 597 | 722 ]
  • Listings placed under contract in December  were UP 1.6% [ 125 | 123 ]
  • Listings placed under contract Year-To-Date are UP 5.9%.  [ 2,403 | 2,261 ]
  • Average Days On Market for unsold listings  = 99 Days.
  • Average Days On Market for listing placed under contract in December = 77 Days.

In Conclusion:

Sellers:  Competition among sellers remains strong .  On a positive note, conditions for sellers is improving.  We expect buyer activity will accelerate through the spring and summer.  We don’t anticipate rising prices, we do anticipate properties selling faster.

To become a successful seller in this market requires smart strategy and an All-In mentality.  Better-than-your-competition marketing/positioning, through staging, interior and exterior merchandising shine and  polish and attractive pricing position, are all required.

Buyers: Selection remains excellent, but inventory is shrinking.  Mortgage rates and monthly payments remain beautifully low.  Motivated Sellers are eager to hear from you. It’s a safe and smart time to make your move. Competition among buyers will elevate as we enter spring and summer.  If you’re considering a move, the sooner the better.


Listing Inventory Month-By-Month.

 


Listings By Month and Price Range.


Listings Placed Under Contract (Sales).


Sales By Month and Price Range.


Months Supply Of Inventory By Price Range.

 

 


In Conclusion:

Sellers:  Competition among sellers remains strong . Especially above $600,000.  On a positive note, listing inventory is shrinking and we expect buyer activity will accelerate through the spring and summer.  Conditions for sellers are improving. We don’t anticipate rising prices, we do anticipate properties selling faster.

To become a successful seller in this market requires smart strategy and an All-In mentality.  Better-than-your-competition marketing/positioning, through staging, interior and exterior merchandising shine and  polish and attractive pricing position, are all required.

Buyers: Selection remains excellent, but inventory is shrinking.  Mortgage rates and monthly payments remain beautifully low.  Motivated Sellers are eager to hear from you. It’s a safe and smart time to make your move. Competition among buyers will elevate as we enter spring and summer.  If you’re considering a move, the sooner the better.


 Click HERE To view/download/print/share the full market report info.

If I can be helpful:-)

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

December Home Sales Reports | The Woodlands | 77386 | 77354 | 77389

December Home Sales Reports are ready for sharing world wide:-)


Click HERE to download The Woodlands Home Sales Report.

Click HERE to download the 77386 Home Sales Report.

Click HERE to download the 77354 Home Sales Report.

Click HERE to download the 77389 Home Sales Report.

Click HERE to download/view/print/share all Home Sales Reports.

The Woodlands Home Sales Report | December 2017

Click HERE To view/download/print/share the full market report info.


BUYERS

Smile. Selection Is Strong!  But Shrinking.

Buyer’s Market Opportunities Prevail Above $600,000.


SELLERS

Competition Remains Brass-Knuckles Fierce Above $600,000.

Selling Conditions Are Improving.


Talking Points

  • There are 708 active listings to choose from.  Properties prices range from $135,000 to $7,850,000.
  • Inventory is down 13.12% compared to last years selection at this time. [708 / 815]
  • Listings placed under contract in October  were UP 4.5% [138 / 132]
  • Listings placed under contract Year-To-Date are UP 6.4%.  [2,278 / 2,1397]
  • Above $600,000 it’s a thick buyer’s market with great selection for buyers, fisticuff competition for sellers..
  • 43.7% of the properties sold in October were on the market less the 30 days.  [61 / 137]
  • Average Days On Market for unsold listings is 96 Days.

In Conclusion:

Sellers:  Competition among sellers remains fierce. Especially above $600,000.  On a positive note, buyer activity remains steady, listing inventory is slowly shrinking and we expect a swell of buyer activity to begin next month.  Conditions for sellers are improving.

To become a successful seller in this market requires smart strategy and an All-In mentality.  Better-than-your-competition marketing/positioning, through staging, interior and exterior merchandising shine and  polish and attractive pricing position, are all required.

Buyers: Selection remains supreme and should remain so through the first quarter of the new year. Mortgage rates and monthly payments remain beautifully low.  Motivated Sellers are eager to hear from you. It’s a safe and smart time to make your move.


Listing Inventory Month-By-Month.

 


Listings By Month and Price Range.

 


Listings Placed Under Contract (Sales).


Sales By Month and Price Range.


Months Supply Of Inventory By Price Range.


In Conclusion:

Sellers: Listing inventory remains solid and selection (selection = competition) will remain vast in near future.  This means competition among sellers will remain fierce.

While competition is keen, on the bright side, buyer activity is stronger than last year and we expect stronger than this year activity in the new year. To become a successful seller in this market requires smart strategy and an All-In mentality.  Marketing/Positioning through staging, interior and exterior merchandising shine and polish, and attractive pricing position are all required.

Buyers: Selection is supreme and should remain so. Mortgage rates and monthly payments remain beautifully low.  Motivated Sellers are eager to hear from you. It’s a safe and smart time to make your move.


 Click HERE To view/download/print/share the full market report info.

If I can be helpful:-)

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