July/August Homes Sales Report For The Woodlands TX

analysis solution hughSales Teeter-Totter Up.

2015 July Under Contract Month to Month The Woodlands copy

The Woodlands real estate market is a teeter-totter.   Down in January. Up in February. Steady in March. Down April, May and June.   Sales spiked skyward 19.7% in July.

Year-To-Date listings placed under-contract lag last year’s impressive total by a mere 3.4%, only 75 fewer sales. ( January – July = 1,804 in 2013 and 1729 so far this year.)

While unit sales lag a little, sold prices leap a lot.  July’s Average-Sold-Price is an eye watering 24.5% higher than last year.  $515,122 compared to $413,571.

The Median-Sold-Price is up 16.7%.  $402,750 this July, $345,000 last July.

We expected continued strength in the market.  Sold prices will stabilize as a result of historically high inventory/selection.

Selection Is Great For Buyers. Competition Is Fierce For Sellers.

2015 August Listing Inventory Month to Month The Woodlands copy

The number or properties for sale in The Woodlands remains historically lofty at 947.

For Buyers: Selection is the best it’s been in several years.

For Sellers:  More inventory means more competition.  Choosing the right agent is more important than ever.  Take a look at this. 

Buyer’s Market or Seller’s Market?

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

Are Home Prices Rising or Falling?

TheWoodlandsHomeSaleSnapShotAugust3rd2015 copy 2

The  July Average Sold Price is $100,000 over last year!  Median sold prices are up over $50,000.

Employment, construction, inbound corporate buyer activity, oil prices and crystal ball gazing suggest steady sales, sold prices moving upward at a slower pace and historically high levels of inventory.

Selection for buyers =  locked in excellent-mode.

Competition for sellers remains fierce.  Expect longer Days On Market and tough negotiations. Merchandising, presentation and Transmedia marketing are a must.  Follow through and follow-up will be critical in moving from contract to closing.

In This Market Who Will Help A Seller The Most?

Congratulations on your excellence.  I know our seller’s appreciate your efforts.  Thanks for all you do.

SP to LP Percentage By Broker June 2015

The Whole Burrito.

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

Click the picture below to view the report.

Screenshot 2015-08-03 19.13.22

Homes Sales Reports for The Woodlands TX – July 2015

Sales Slip.  Selection Improves.  Prices Rise.2015Under Contract Month to Month The Woodlands June 2015

It’s been a choppy year for sales.   UP in February, steady in March and down in January, April, May and June.   This months listings under contract slipped 16% compared to last June.  Year-to-date, listings under contract are down 7.4%. Prices however are UP (See snap shot picture below.)

Due to the continued influx of corporate transferees, in the last half of this year we can expect more buyer activity.  I believe that sales in the 2nd half will at mirror last year and quite possible pull ahead.

Selection Is Great For Buyers. Competition Is Fierce For Sellers.

2015 Listing Inventory Month to Month The Woodlands July 2015

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

For Buyers: Selection is the best it’s been in several years.

For Sellers:  More inventory means more competition.  Choosing the right agent is more important than ever.  Take a look at this. 

Buyer’s Market or Seller’s Market?

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

Are Home Prices Rising or Falling?

TheWoodlandsHomeSaleSnapShotJune3rd2015

The Average Sold Price this June is $100,000 over last year!  Median sold prices are up over $50,000.

Employment, construction, inbound corporate buyer activity and crystal ball gazing trend towards future more of the same going forward.  Excellent selection for buyers. Fierce competition for sellers. Opportunity and danger for agents.  Sales will trails last years and prices will ris at a more reasonable pace going forward.

In This Market Who Will Help A Seller The Most?

 

Let us know if we can be helpful.

SP to LP Percentage By Broker June 2015

The Whole Burrito.

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

Click the picture below to view the report.

Screenshot 2015-07-05 19.59.06Thanks – Ken Brand 832-797-1779

 

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

Homes Sales REports for The Woodlands – June 2015

workhard hugh

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.