Sales Strong. Selection Stronger. The Woodlands Home Sale Report – June 2017


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Buyers Smile. Selection Is Supreme.     Sellers. Get Your Game Face On.    Competition is fisticuffs fierce.

  • Selection is supreme.  There are 1,091 homes to choose from.  Home prices range from $155,000 to $8,000,000 . Inventory is up 21.2% over last years total of 900..
  • Listing placed under contract in May were UP 14.1%.  Yea!
  • Listings placed under contract Year-To-Date are up 5.4%.
  • Above $400,000 it’s a thick buyer’s market.  Great selection for buyers, fisticuff competitive for sellers.
  • Based on buyer activity, open house traffic and booked showing appointments we expect sales to remain steady over the next 90 days.
  • Listings priced under $400,00s represent 36% of the listed for sale inventory and 53.7% of the listings placed under contract.
  • 55.2% of the 268 listings that went under contract in May were on the market 31 Days or less.
  • Average Days On Market for unsold listings is 74 Days.
  • 47.6%%) of the active listings have had at least one price reduction.

In Conclusion:

Sellers: Listing inventory has likely peaked and selection will remain strong through October.  This means competition among sellers will remain fierce throughout the year.  While competition is keen, buyer activity is steady and stronger than last year. To become a successful seller in this market requires smart strategy and an All-In mentality.  Marketing through staging, interior and exterior merchandising shine and  polish and attractive pricing position are all required.

Buyers: Selection is supreme and should remain so throughout the 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.


Listing Inventory Month-By-Month and Price Range.

 



Listings Placed Under Contract (Sales).


Listings Placed Under-Contract (Sales) By Price Range


Month’s Supply Of Inventory By Price Range.



In Conclusion:

Sellers: Listing inventory has likely peaked and selection will remain strong through October.  This means competition among sellers will remain fierce throughout the year.  While competition is keen, buyer activity is steady and stronger than last year. To become a successful seller in this market requires smart strategy and an All-In mentality.  Marketing through staging, interior and exterior merchandising shine and  polish and attractive pricing position are all required.

Buyers: Selection is supreme and should remain so throughout the 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.



 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

May Home Sales Reports 2017 | The Woodlands | 77389 | 77354 | 77386


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Click HERE to view/download/print/ share The Woodlands Home Sales Report.

Click HERE to view/download/print/ share the 77389 Home Sales Report.

Click HERE to view/download/print/ share the 77386 Home Sales Report.

Click HERE to view/download/print/ share  the 77354 Home Sales Report.


April/May Home Sales Report for The Woodlands TX.


Buyers Rejoice. Yea.

Sellers. Go Saddle-Up Serious. Or Become Saddle-Sore.

  • Selection for buyers is Supreme. Inventory is up 21.2% over last years total of 875.
  • Sales Year-To-Date are up a flea sized 2.8%.  April listing placed under contract were down 5%.
  • Above $400,000 it’s a solid buyer’s market above and knife-fight competitive for sellers.
  • Based on buyer/agent activity and booked showing appointments we expect so-so-steady sales to grow marginally above last year’s May, June and July totals. (All brokers combined.)
  • 59% of the 269 listings that went under contract in April were listed below $400,000 (160/269).
  • 60% of the 269 listings that went under contract in April were on the market 30 Days or less (162/269).
  • Average Days On Market for unsold listings is 74 Days.
  • 458 (43%) of the 1061 active listings have had at least one price reduction.


Selection is the best in several years.  Buyers are enjoying a strong buyers market above $400,000.


So-So Steady Sales.

Collective Year-To-Date sales are so-s0-steady, UP a scant 2.8% for the year.  April sales trailed last year’s April total by 5%, .

Based on the velocity of agent/buyer activity and daily booked showing appointments, we expect collective sales totals for May, June and July will rise above last year’s unimpressive totals.  Sales will remain so-so-steady. Competition among sellers will remain bare-knuckle competitive.


Buyer’s Market Bear Hug Above $400,000.


If I can be helpful:-)

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

The Woodlands Homes Sales Report (April). Sales Up 14% and Selection UP 16%.

Sales Jump 14%.  Inventory Swells 16%. Our Future Brightens.


Sales Jump 14%.

 Notes:

  • March listings placed under contract jumped 14% over March 2016.
  • Year To Date, total listings placed under-contract have improved 7%.
  • Of the 219 listings placed under-contract, 135 were on the market less than 31 days.
  • Least expensive sale – $126,500.  Most expensive – $4,200,000.
  • Sales activity should remain strong through August.

    Selection Swells 16%. 

Notes:

  • Selection improved to a total of 993 listings, 138 more than last year at this time.
  • The least expensive property – $154,500.  Most expensive property – $8,000,000.
  • We expect listing inventory to level out in the 1,000 property range through the summer.

    Seller’s Market Below $400,000.        Buyer’s Market Above $400,001

  Notes:

  • Competition among buyers for properties priced below $400,000 is strong.  Swift action is recommended.
  • Competition among sellers priced above $400,001 is fierce.  Powerful marketing, merchandising, and pricing position is more important than ever.
  • We expect Months Supply Of Inventory to shrink over the next four months as sales ramp upward.

    The Woodlands April Home Sales Report

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Our future is bright!  If I can be helpful, please call, text or eMail.

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

The Woodlands Homes Sales Report – March 2017

Three Steps Upward.  One Step Sideways. Four Steps Upward.

January sales jumped upward 30.23%.  Then February sales slowed, falling 13.79% behind February 2016.

Listing inventory is growing normally as is equal to last years selection at this time.

Based on buyer activity and rising showing appointments we expect March to end well.  We’ll keep our finger on the pulse and keep you updated.


Click HERE to view/download/print/share The Woodlands Home Sales Report.




Click HERE to view/download/print/share The Woodlands Home Sales Report