As you can see sales continue to impress and it appears there is not end is sight. With super low mortgage rates, commercial, corporate and retail construction underway and planned, inbound corporate relocation migration and escalating employment, the limiting factor is For Sale Inventory. The Average Number Of Days On Market for listings inventory had dropped to 57 days and the Average Sold Price to List Price Percentage has risen a full percentage point, from 96% to 97%. All signs point to a slow and steady rise in prices.
Click on this picture to download the .PDF version.
Listing Inventory Down
Lack of inventory is restraining sales in The Woodlands. The Average Listing Price in The Woodlands is $652,842 and the Median List Price is $354,950 and $115.79 Per Square Foot.
Click this picture to download the .PDF version.
Keep in mind these numbers represent the very big picture. To understand precisely what’s happening in your neighborhood give us a call at 281-367-3531 and we can share up to the minute relevant research, data and activity in your specific neighborhood. Thanks.