Sales Down. Listings Up. Competition UP. Effort Required UP.
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.
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
Are Home Prices Rising or Falling?
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.
If you have any questions or I can be helpful, please call, text for eMail me.
Ken Brand | 832-797-1779 | Ken@KenBrand.com
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.
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.
It’s A Buyer’s Market Above $600,000.
The Woodlands Market Report.
Click on the Market Report picture below to download your copy.
Click the links below to download the .PDF Homes Sales Report for:
If I can be helpful, let me know. Ken Brand 832-797-1779.
Team Meeting Agenda Notes – April 2015 | BHGRE Gary Greene Icons @ The Woodlands and Magnolia Marketing Centers
↓↓↓What We Do For A Living↓↓↓
Good Morning. I’ll be at the monthly Manager’s Meeting today. I’ll have my iGear with me. Reach out if I can be helpful – 832-797-1779. I’ll get back at breaks and lunch:-) I hope to see you at our Tuesday Team Meeting.
PS. Congratulations on your continued thick success, this month-to-date the listings and sales are pouring in. Yea + Thanks + GO, GO, GO:-)
Tuesday Team Meeting and Breakfast with Toll Brothers.
If you didn’t get a chance to register, no worries. I added a seat and a breakfast plate for you. All you have to do is show up with a smile. I hope to see you here.
Use Gmail Like a Rich BOSS and Go Pro with your Sphere.
Your contact data base, calendar and eMail system is the heart of your business. Attend this Wednesday Workshop at 10:30am to become a Pro. Once you know these insider tips staying in touch will be simple, powerful and Pro quality.
Click HERE to register on BackAgent.
Listings Will Fuel Your Profit Rocket – Get Some
Good News continues. The selection for buyers is the best in a few years. Sales are the best in history. Let’s make contact, touch base, share, serve, solve and shove ourselves forward. Hard work will be rewarded.
Congratulations and Thank YOU to our March Icon Performers
Click HERE to download the .PDF.
Thanks for being awesome. kb:-)