June Home Sales Report for The Woodlands, Spring, Magnolia and 77389

Homes Sales REports for The Woodlands – June 2015

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Sales Down.  Listings Up. Competition UP.  Effort Required UP.

Sales Slip

2015 May Under Contract Month to Month The Woodlands

It’s been a wonky year for sales.   Sales were UP in February, steady in March and down in January and April.   This months listings under contract slipped 8.3% compared to last May.

As we can see from the picture above, historically sales across The Woodlands begin to slow in June and continue to wilt through the fall and into the winter.  This means we will have to match the slow down with a speed up in hard work, smart execution and consistent contact.

The good news is, due to the continued influx of corporate transferees, in the last half of this year we can expect more buyer activity and more opportunities than normal.  Of course the key to victory is action and activity. Let’s be active.

Listing Inventory Is Steady.  Selection Is Great.

2015 June Listing Inventory Month to Month The Woodlands

The number or properties for sale in The Woodlands remains steady.

For buyers, the selection to choose from is the best it’s been in several years.

For agents, these levels of listing inventory make the market a destiny-accelerator.  If an agent has no listing inventory and no listing prospects, their destiny is set, they will fail faster.  A market with slipped sales and big inventory will drown the listless.

On the other hand, agents with listing inventory will thrive and survive.  Be a lister.  Be active.  Be positive.  Work hard.  Work smart.  Let Linsey or I know if we can be helpful.

Buyer’s Market or Seller’s Market

June 2015 Months Supply Of Inventory By Price Range - Real Estate Market Report

Are Home Prices Rising or Falling?

TheWoodlandsHomeSaleSnapShotJune3rd2015

 

Average Sold and Median prices are greater this year than last.  Due to slower sales and higher inventory the rate of appreciation has cooled compared to the record levels of activity in 2013.  Employment, construction, inbound corporate buyer activity and crystal ball gazing all influence a continued positive trend towards slowly rising prices.  Not a sizzling jump like we say in 2013, more like a steady-eddy upward climb.

The Whole Chipotle  Burrito.

Click HERE to download the full Home Sales Report for The Woodlands.

Click the picture below to view the report.

Screenshot 2015-06-04 11.54.00

If you have any questions or I can be helpful, please call, text for eMail me.

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

The Woodlands Homes Sales Report – May 2015

 


Lots Of Listings.  Lots Of Selection.  Lots Of Competition.

Listing Inventory is up 64.5% | Selection is up 64.5%

For Buyers: Your selection is the best it’s been in several years.   It’s a buyer’s market in price ranges above $600,000.  Mortgage rates are still super low.  What are you waiting for?

For Sellers:  Record levels of  competition inventory is not positive.  Competition for buyers is keen and in price ranges above $600,000 it a buyer’s market.  Here’s a  buyer’s market/seller’s market breakdown by price range.  In this market Pro Level Listing Services make a huge dollar difference.  Take a look at this Sold-Price To Original-List-Price % chart and see how choosing the wrong broker can cost you tens of thousands of dollars in lost profit.

For Pro-Agents: Successful listing agents will win the most in this market. Smart hard-work will be required and rewarded. Slackers will not enjoy success. We’re fortunate, this is a good market for a team of Pros like us.difference.

2015 Listing Inventory Month to Month The Woodlands copy


Not-So-Hot April Sales – The Woodlands

Down 12.5% from last year. It’s not all bad.  This year may go down is history as the 3rd best year in history.

2015 Under Contract Month to Month The Woodlands copy


 

It’s A Buyer’s Market Above $600,000.

May 2015 Months Supply Of Inventory By Price Range - Real Estate Market Report 2014


The Woodlands Market Report.

Click on the Market Report picture below to download your copy.

Market Report Cover Sheet 2053 The Woodlands

Sold Price To List Price

 


Click the links below to download the .PDF Homes Sales Report for:

The Woodlands.

Spring/77386.

Magnolia/77354. 

77389


If I can be helpful, let me know.  Ken Brand 832-797-1779.

The Woodlands Home Sales and Inventory Report – April 2015

Sales UP.  Selection UP.  Opportunities UP.

Rise Up


 Listing Inventory – Favorable for buyers shopping above $600,000.  Favorable for sellers listed below $600,000.

  • Listing Inventory is UP 64% and holding steady between 700 and 740 active listings.  Today there are 731 active For Sale Listings in The Woodlands.  Last year at this time there were 445.  Good news for home shoppers, there’s 64% more to choose from. Selection is way UP.  More selection for buyers  means more competition between sellers.
  • Above $600,000, sellers and their agents now compete in a buyer’s market.
  • Below $600,000 remains a seller’s market and keen competition between buyers.
  • Least expensive property in The Woodlands?  A 1,152 sq. ft. property on Blue Fox, listed for $154,900.  The most?  A 30,717 sq. ft estate property in the gated community of Carlton Woods.  $16,000,000.

Inventory Month to Month The Woodlands


April 2015 Months Supply Of Inventory By Price Range - Real Estate Market Report 2014


 Sales Activity – Steady and Strong.

  1. April sales totaled the second highest number in the history of The Woodlands (see picture below). Last April the price for one barrel of West Texas Intermediate crude oil stood at some 102.07 U.S. dollars.  Apparently the media doom, gloom and the-real-estate-market sky-may-fall due to lower oil prices does not apply to The Woodlands.  Thankfully.
  2. While sales activity is steady and strong in general, the numbers of sales relative to this years inventory has shifted sellers in price ranges above $600,000 into a more competitive for sellers, buyer’s-market.  (See the Months Supply Of Inventory picture above.)
  3. Looking forward, sales in the coming months should remain strong and steady, equalling or possibly exceeding last years totals. If stability in the oil market returns, a surge in sales is sure to follow.

Contract Month to Month The Woodlands


Buyer Challenges when shopping below $600,000:

  • Competition for prime properties below $600,000 is keen. It’s a seller’s market below $600,000.
  • Quick decision making is required, prime properties sell fast.
  • Less negotiation power for price and terms.
  • Lost opportunities due to an unrealistic I-want-a-steal mentality.

Buyer Opportunities in all price ranges:

  • The selection of homes is the best it’s been in years.
  • For the I-have-to-sell-before-I-buy-but-I’ve-been-putting-it-off-because-I-was-afraid-I-couldn’t-find-anything-to-buy buyer, we have great news!  Selection is up, up up.
  • Buyer’s shopping in the over $600,000 price range enjoy a buyer’s market; better selection, less buyer competition and favorable negotiating strength.

Seller Challenges:

  • While still a seller’s market below $600,000, competition with other motivated sellers and builders to attract a qualified buyer is growing.
  • For sellers priced above $600,000 it’s a buyer’s market.  A buyer’s market means less seller negotiating leverage for price and terms.
  • Seller’s may have to respond quickly and aggressively to price reductions from their competition.
  • Competitive pricing, thoughtful merchandising, muscular marketing and keen negotiating skills are key factors in a successful sale.
  • Choosing a weak broker or agent can lead to lost sales opportunities, a lower sold price, inconvenience and extended days, weeks or months on the market.

Seller Opportunities:

In price ranges below $600,000, aggressively marketed, well located and competitively priced properties enjoy a seller’s market. In a seller’s the seller enjoys more negotiating and pricing power.

For sellers in all price ranges, hundreds and hundreds of inbound corporate transferee buyers will be moving to the area through the third quarter. Strong and steady buyer activity is expected throughout the year.


If you have any questions about the real estate market or I can be helpful, let me know.  Thanks – Ken Brand 832-797-1779


Here’s the full set of market data for The Woodlands TX


If you have any questions about the real estate market or I can be helpful, let me know.  Thanks – Ken Brand 832-797-1779

Good News for The Woodlands Real Estate Market. Selection is awesome and sales are strong!

There is GOOD NEWS and GOOD NEWS!

Hard work will be rewarded.  Yea for US.

making money is art

I’ll have all the market reports completed this weekend.  Meanwhile, here’s the April’s real estate sales and listing info for March sales and listing inventory in ‪#‎TheWoodlands‬.  Please feel free to share these pictures. Click this link to see all the reports. I’ll add more over the next couple of days. http://goo.gl/vojNKv

Last year at this time a barrel of oil sold for over $110 per barrel. Even with all of today’s media doom, gloom,disaster commentary and dire predictions, our local RE market is powerful and surges forward.

Good News #1 = Written sales (all brokers combined) totaled one more sale that last year at this time (when oil was over $100 a barrel).

Sales are strong!  The next 90 to 120 will be fizzy and busy. Selling or buying now is a safe idea. Take all the listings you can.

Good News #2: The selection of homes to choose from is almost double that of last year. Mortgage rates remain low-low-low. Buying now is safe and smart.

Good News #3:  You excellence and expertise is creating the best possible outcome for our sellers.  You selling your listings for more money and better terms.  Yea and congratulations.

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Sold Price To List Price Percentage  The Woodlnands March 2015

 

As we can see from these pictures, listing and selling opportunities will be rich for the next 120 days or so.  One way to meet new buyers and sellers is participate in our City Wide Open House Success Event.  Do it!  Click HERE for details on how to participate and fast-forward your success.

Thanks for all you do:-) kb