The Woodlands Home Sales Report – January 2018

Click HERE To view/download/print/share the full market report info.


BUYERS

Make Your Move. Selection Is Strong!  But Shrinking.


SELLERS

Selling Conditions Are Improving.


Talking Points

  • There are 597 active listings to choose from between $169,999 to $7,259,000.
  • Inventory is down 17.31% compared to last years selection at this time. [ 597 | 722 ]
  • Listings placed under contract in December  were UP 1.6% [ 125 | 123 ]
  • Listings placed under contract Year-To-Date are UP 5.9%.  [ 2,403 | 2,261 ]
  • Average Days On Market for unsold listings  = 99 Days.
  • Average Days On Market for listing placed under contract in December = 77 Days.

In Conclusion:

Sellers:  Competition among sellers remains strong .  On a positive note, conditions for sellers is improving.  We expect buyer activity will accelerate through the spring and summer.  We don’t anticipate rising prices, we do anticipate properties selling faster.

To become a successful seller in this market requires smart strategy and an All-In mentality.  Better-than-your-competition marketing/positioning, through staging, interior and exterior merchandising shine and  polish and attractive pricing position, are all required.

Buyers: Selection remains excellent, but inventory is shrinking.  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. Competition among buyers will elevate as we enter spring and summer.  If you’re considering a move, the sooner the better.


Listing Inventory Month-By-Month.

 


Listings By Month and Price Range.


Listings Placed Under Contract (Sales).


Sales By Month and Price Range.


Months Supply Of Inventory By Price Range.

 

 


In Conclusion:

Sellers:  Competition among sellers remains strong . Especially above $600,000.  On a positive note, listing inventory is shrinking and we expect buyer activity will accelerate through the spring and summer.  Conditions for sellers are improving. We don’t anticipate rising prices, we do anticipate properties selling faster.

To become a successful seller in this market requires smart strategy and an All-In mentality.  Better-than-your-competition marketing/positioning, through staging, interior and exterior merchandising shine and  polish and attractive pricing position, are all required.

Buyers: Selection remains excellent, but inventory is shrinking.  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. Competition among buyers will elevate as we enter spring and summer.  If you’re considering a move, the sooner the better.


 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