the woodlands home sales rpt january 2016

14
The Home Sales Real Estate Report The Woodlands | January, 2016 Lis?ng Inventory Month By Month Home Sales Month By Month Average Sold Price / Median Sold Price Average Price Per Square Foot Average Days On Market Months Supply of For Sale Sold Price To Original List Price Percentage 9000 Forest Crossing Drive | The Woodlands TX 77381 | 281-367-3531 281-367-3531

Upload: jchellew

Post on 20-Mar-2017

62 views

Category:

Real Estate


1 download

TRANSCRIPT

Page 1: The woodlands home sales rpt   january 2016

TheHomeSalesRealEstateReportTheWoodlands|January,2016Lis?ngInventoryMonthByMonthHomeSalesMonthByMonthAverageSoldPrice/MedianSoldPriceAveragePricePerSquareFootAverageDaysOnMarketMonthsSupplyofForSaleSoldPriceToOriginalListPricePercentage 9000 Forest Crossing Drive | The Woodlands TX 77381 | 281-367-3531

281-367-3531

Page 2: The woodlands home sales rpt   january 2016

The Woodlands Texas Real Estate ReportListing Inventory - Month-To-Month

Better Homes And Gardens Real Estate Gary Greene - 9000 Forest Crossing, The Woodlands Texas / 281-367-3531Data obtained from the Houston Association of Realtors Multiple Listing Service - Single Family/TheWoodlands TX

2016 Listing Inventory 2015 Listing Inventory 2014 Listing Inventory

Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec

2016 788

2015 591 630 658 731 818 863 912 947 925 917 906 889

2014 355 366 373 445 497 556 617 682 669 680 652 645

Page 3: The woodlands home sales rpt   january 2016

The Woodlands Texas Real Estate ReportProperties Placed Under Contract - Month-To-Month

Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec2015 170 217 278 279 275 249 261 161 180 173 134 1192014 195 203 277 314 300 297 218 233 155 197 147 1662013 182 257 290 327 364 304 270 228 177 212 138 149

Better Homes And Gardens Real Estate Gary Greene - 9000 Forest Crossing, The Woodlands Texas / 281-367-3531Data obtained from the Houston Association of Realtors Multiple Listing Service - Single Family/TheWoodlands TX

2013 Contracts Written 2014 Contracts Written 2015 Contracts Written

Page 4: The woodlands home sales rpt   january 2016

The Woodlands Homes Sales Snapshot2015 and January 2016

All Brokers Combined / Single Family / Houston MLS Data

Average Sold Price2015: $473,270 (2,275 closed sales)2014: $439,092 (2,478 closed sales)2013: $411,336 (2,686 closed sales)

Median Sold Price2015: $357,736 2014: $340,0002013: $310,000

Days On Market For Sold Properties2015: 48 DOM2014: 37 DOM2013: 37 DOM

Listing Inventory at 5:59PM, January 2nd, 2016Total Active Listings In All Price Ranges: 794

Months Supply Of Inventory: 4.2 MonthsPrice Range: $152,000 to $15,000,000

Average Days On Market: 110 DaysAverage List Price: $775,044Median List Price: $475,280

Compliments Of:Better Homes And Gardens Real Estate Gary Greene

9000 Forest Crossing, The Woodlands TX

Page 5: The woodlands home sales rpt   january 2016

KEY INFORMATION

3 Years (Quarterly) Q4 2012 - Q4 2015

Market Dynamics BHGRE Gary GreeneSold Average vs. Median Price

Quarterly % Total % Change

27.642.11

Quarterly Change

6,703.69Median

Total ChangeAverage 8,145.56 97,746.69 25.29

80,444.302.30

Sublocations:All

Bathrooms:Single-Family: (Free Standing, Patio Home) Sq Ft:

HAR AllAll AllAllAll Lot Size:Bedrooms:Property Types:

107

3 Years (Quarterly) Construction Type:Price:Period:MLS:

01/02/16BrokerMetrics®Information not guaranteed. © 2016 - 2017 Terradatum and its suppliers and licensors (http://www.terradatum.com/metrics/licensors).

© 2016 - 2017 Houston Association of Realtors Certain information contained herein is derived from information which is the licensed property of, and copyrighted by, Houston Association of Realtors

1 of 2

Page 6: The woodlands home sales rpt   january 2016

BHGRE Gary Greene

3 Years (Quarterly) Q4 2012 - Q4 2015

Market DynamicsSold Average vs. Median Price

Time Period # Properties Sold Sold Average $ Sold Median $ Sold Avg DOMAverage $ - Median $ Median $ as % of Average $412Q4 2015 458,453 72.8333,600 124,853 56646Q3 2015 470,498 79.5374,250 96,248 43726Q2 2015 507,000 74.2376,250 130,750 43467Q1 2015 449,017 76.8345,000 104,017 55503Q4 2014 448,438 78.0350,000 98,438 48719Q3 2014 422,538 81.1342,500 80,038 32766Q2 2014 456,049 76.6349,500 106,549 31474Q1 2014 435,442 73.3319,125 116,317 42519Q4 2013 430,840 76.4329,000 101,840 42780Q3 2013 423,354 75.0317,306 106,049 28859Q2 2013 414,065 74.9310,000 104,065 32512Q1 2013 373,925 77.3289,200 84,725 53548Q4 2012 370,342 72.9270,000 100,342 55

© 2016 - 2017 Houston Association of Realtors Certain information contained herein is derived from information which is the licensed property of, and copyrighted by, Houston Association of Realtors

2 01/02/162 ofBrokerMetrics®Information not guaranteed. © 2016 - 2017 Terradatum and its suppliers and licensors (http://www.terradatum.com/metrics/licensors).

Page 7: The woodlands home sales rpt   january 2016

Market DynamicsAverage $/SQFT (Sold)

3 Years (Quarterly) Q4 2012 - Q4 2015

BHGRE Gary Greene

Price:

1.94

AllAll All

30.14

Property Types:HAR

Sold $/SQFT

MLS: AllBathrooms:

2.51

All Construction Type:

Total Change

Sq Ft:

Quarterly Change

3 Years (Quarterly)

Sublocations:

All

23.28

Lot Size:Period:

Quarterly %

Bedrooms:

KEY INFORMATION

Total % Change

Single-Family: (Free Standing, Patio Home)107

01/02/16BrokerMetrics®Information not guaranteed. © 2016 - 2017 Terradatum and its suppliers and licensors (http://www.terradatum.com/metrics/licensors).

© 2016 - 2017 Houston Association of Realtors Certain information contained herein is derived from information which is the licensed property of, and copyrighted by, Houston Association of Realtors

1 of 2

Page 8: The woodlands home sales rpt   january 2016

Average $/SQFT (Sold)3 Years (Quarterly) Q4 2012 - Q4 2015

Market Dynamics BHGRE Gary Greene

#

FOR SALE

SQFTPeriod$/Avg

SQFTTime

Avg $

UNDER CONTRACT

# Avg $Avg

SQFT$/

SQFT

SOLD EXPIRED NEW LISTINGS

# # #Avg $ Avg $ Avg $Avg

SQFT$/

SQFTAvg

SQFT$/

SQFTAvg

SQFT$/

SQFT

191Q4 2015 1,752 3,483665,577 406 488,633 3,003 163 412 563 719458,453 643,246 532,0242,989 153 3,504 184 3,141 169188Q3 2015 2,048 3,480654,346 547 445,687 2,929 152 646 468 1,042470,498 668,257 544,6193,049 154 3,594 186 3,194 171189Q2 2015 2,075 3,527667,110 715 521,020 3,140 166 726 354 1,271507,000 675,472 588,2803,141 161 3,602 188 3,316 177191Q1 2015 1,676 3,546677,959 610 496,556 3,058 162 467 262 997449,017 751,186 594,7832,980 151 3,717 202 3,349 178186Q4 2014 1,434 3,471646,279 471 474,727 2,995 159 503 284 637448,438 563,052 546,2302,967 151 3,387 166 3,180 172179Q3 2014 1,636 3,358599,347 563 431,314 2,869 150 719 276 946422,538 575,676 479,4112,905 145 3,357 172 3,052 157180Q2 2014 1,672 3,394610,738 811 461,755 2,999 154 766 171 1,160456,049 699,778 525,6513,026 150 3,717 188 3,187 165184Q1 2014 1,284 3,441631,633 626 467,287 3,042 153 474 146 844435,442 733,543 540,7673,000 145 3,667 200 3,211 168182Q4 2013 1,059 3,480632,722 450 429,936 3,008 143 519 169 524430,840 721,726 517,2763,032 142 3,691 196 3,138 165172Q3 2013 1,351 3,406584,621 625 432,172 2,972 145 780 191 821423,354 632,018 489,7023,044 139 3,681 172 3,147 156164Q2 2013 1,572 3,386554,736 903 445,736 3,100 144 859 139 1,085414,065 588,254 469,4913,052 136 3,638 162 3,162 148163Q1 2013 1,296 3,441560,075 665 397,538 3,015 132 512 144 823373,925 686,435 473,5692,954 127 3,899 176 3,221 147164Q4 2012 1,176 3,376551,606 487 392,032 2,949 133 548 216 553370,342 563,235 418,4392,956 125 3,360 168 3,041 138

© 2016 - 2017 Houston Association of Realtors Certain information contained herein is derived from information which is the licensed property of, and copyrighted by, Houston Association of Realtors

2 01/02/162 ofBrokerMetrics®Information not guaranteed. © 2016 - 2017 Terradatum and its suppliers and licensors (http://www.terradatum.com/metrics/licensors).

Page 9: The woodlands home sales rpt   january 2016

BHGRE Gary GreeneMarket Dynamics

3 Years (Quarterly) Q4 2012 - Q4 2015Average DOM for Under Contract Properties

Quarterly %0.82

107

Total % Change

Sq Ft:Bathrooms:All All

DOM

Construction Type:

Sublocations:

Period:Property Types:

10.70 27.86Quarterly Change

2.14

Lot Size:All

KEY INFORMATION

Single-Family: (Free Standing, Patio Home) AllHAR AllBedrooms:

Total Change

AllMLS: Price:3 Years (Quarterly)

Information not guaranteed. © 2016 - 2017 Terradatum and its suppliers and licensors (http://www.terradatum.com/metrics/licensors).

BrokerMetrics® 1 of 2

© 2016 - 2017 Houston Association of Realtors Certain information contained herein is derived from information which is the licensed property of, and copyrighted by, Houston Association of Realtors

01/02/16

Page 10: The woodlands home sales rpt   january 2016

Average DOM for Under Contract PropertiesMarket Dynamics BHGRE Gary Greene

3 Years (Quarterly) Q4 2012 - Q4 2015

Period Avg DOM Avg CDOMContract# UnderTime

64Q4 2015 11240644Q3 2015 7054743Q2 2015 6371552Q1 2015 7961054Q4 2014 7647138Q3 2014 5056329Q2 2014 3981138Q1 2014 5762643Q4 2013 5945032Q3 2013 4962529Q2 2013 4790343Q1 2013 6666560Q4 2012 87487

2

© 2016 - 2017 Houston Association of Realtors Certain information contained herein is derived from information which is the licensed property of, and copyrighted by, Houston Association of Realtors

01/02/16Information not guaranteed. © 2016 - 2017 Terradatum and its suppliers and licensors (http://www.terradatum.com/metrics/licensors).

BrokerMetrics® 2 of

Page 11: The woodlands home sales rpt   january 2016

l Page 1 9000 Forest Crossing, The Woodlands, Texas 77381 Office: 281.367.3531 or 800.932.7253

The Woodlands Texas Real Estate Report

Months Supply Of “For Sale” Listing Inventory – January 2nd, 2015 Q. Is it a Seller’s Market or a Buyer’s Market? A. According to real estate economists a six-month supply of For Sale Inventory represents a balanced market. Over six months of For Sale Inventory indicates a buyer’s market. Less than six months of inventory in considered a seller’s market. Here’s a break down by price.

PRICE RANGE MONTHS SUPPLY OF LISTING INVENTORY

$000,000 – $200,000 . . . . . . . . . . . . . . . . . . . . 1.1 Months $200,001 – $300,000 . . . . . . . . . . . . . . . . . . . . 3.0 Months

$300,001 – $400,000 . . . . . . . . . . . . . . . . . . . . 4.1 Months $400,001 – $500,000 . . . . . . . . . . . . . . . . . . . . 4.6 Months $500,001 – $600,000 . . . . . . . . . . . . . . . . . . . . 3.9 Months $600,001 – $700,000 . . . . . . . . . . . . . . . . . . . . 4.5 Months $700,001 – $800,000 . . . . . . . . . . . . . . . . . . . . 7.0 Months $800,001 – $900,000 . . . . . . . . . . . . . . . . . . . . 4.5 Months $900,001 – $1,000,000 . . . . . . . . . . . . . . . . . . 5.6 Months

$1,000,001 - $1,500,000 . . . . . . . . . . . . . . . . 9.6 Months $1,500,001 - $2,000,000 . . . . . . . . . . . . . . . . 12.7 Months

$2,000,001 - $3,000,000+ . . . . . . . . . . . . . . 11.0 Months $3,000,001+. . . . . . . . . . . . . . . . . . . . . . . . . . 33.0 Months All Price Ranges . . . . . . . . . . . . . . . . . . . . . . . 4.2 Months

What does this mean? For Buyers: When shopping seller’s market price ranges, when you find something you love, don’t hesitate to submit an offer. When shopping buyer’s market price ranges the services of a knowledgeable negotiator will help you secure the very best price and terms. What ever your price range, for the best possible price and terms call today.

For Sellers: In a buyer’s market you’ll need maximum exposure, fierce marketing and a skilled negotiator to help you win. To sell your property for HIGHEST possible price and the BEST possible terms call us today.

Closing Thoughts: While mulling over these inventory numbers, keep in mind these figures represent big averages across The Woodlands. Real estate is hyper local in nature and market conditions for your specific property, in your specific neighborhood may be different that the big average you see above.

To find out what’s happening in your neighborhood, contact us and we’ll provide you with an up to the minute, on-target Months Supply of Inventory report. Give us a call and we’ll send you your free report – pronto.

Page 12: The woodlands home sales rpt   january 2016

Months Supply of Inventory (Sold Calculation)Market Dynamics

2 Years (Monthly) 12/01/13 - 12/31/15

BHGRE Gary Greene

Sublocations:

154.80

Price:HAR Bedrooms:Period:

Monthly %MSI-Sold

2 Years (Monthly)

107

6.45

Single-Family: (Free Standing, Patio Home)

Total % Change

Property Types:

KEY INFORMATION

AllAll Lot Size:All

3.72Monthly Change

0.15Total Change

Sq Ft:AllAll Bathrooms:MLS: AllConstruction Type:

Information not guaranteed. © 2016 - 2017 Terradatum and its suppliers and licensors (http://www.terradatum.com/metrics/licensors).

BrokerMetrics® 1 of 2

© 2016 - 2017 Houston Association of Realtors Certain information contained herein is derived from information which is the licensed property of, and copyrighted by, Houston Association of Realtors

01/02/16

Page 13: The woodlands home sales rpt   january 2016

BHGRE Gary GreeneMarket DynamicsMonths Supply of Inventory (Sold Calculation)

2 Years (Monthly) 12/01/13 - 12/31/15

Period NAR MSI # SoldMSI# For Sale Last

Day of Month# UnderContract

Time

5.8Dec-15 120 1357836.5

8.3Nov-15 129 1169677.5

6.3Oct-15 157 1611,0096.4

6.1Sep-15 165 1681,0336.3

4.4Aug-15 146 2401,0607.3

4.5Jul-15 236 2381,0684.5

3.5Jun-15 219 2901,0064.6

4.1May-15 241 2329513.9

4.4Apr-15 255 2048953.5

3.9Mar-15 257 2088043.1

5.7Feb-15 200 1327533.8

5.7Jan-15 153 1277304.8

3.2Dec-14 147 2116794.6

6.1Nov-14 144 1277705.3

4.7Oct-14 180 1657794.3

4.3Sep-14 140 1877975.7

3.4Aug-14 221 2297813.5

2.6Jul-14 202 3037853.9

2.6Jun-14 275 2696902.5

2.5May-14 259 2696712.6

2.5Apr-14 277 2285782.1

2.5Mar-14 260 2065122.0

3.2Feb-14 185 1434642.5

3.6Jan-14 181 1254462.5

2.6Dec-13 120 1724403.7

2

© 2016 - 2017 Houston Association of Realtors Certain information contained herein is derived from information which is the licensed property of, and copyrighted by, Houston Association of Realtors

01/02/16Information not guaranteed. © 2016 - 2017 Terradatum and its suppliers and licensors (http://www.terradatum.com/metrics/licensors).

BrokerMetrics® 2 of

Page 14: The woodlands home sales rpt   january 2016

Market Share Totals BHGRE Gary Greene

Sublocations:

Price:Single-Family: (Free Standing, Manufactured, Patio Home, Duplex, Historic), Townhouse/Condo: (Townhouse/Condo)

Bathrooms:Property Types:

AllDate: AllCMS All

107

HAR All10/01/2015 - 12/31/2015 Total Sold List + SellStatus: Construction Type:Type: Bedrooms:MLS:

Information not guaranteed. © 2016 - 2017 Terradatum and its suppliers and licensors (http://www.terradatum.com/metrics/licensors).© 2016 - 2017 Houston Association of Realtors Certain information contained herein is derived from information which is the licensed property of, and copyrighted by, Houston Association of Realtors

2BrokerMetrics® 1 of 01/02/16

96.1%

94.2%

93.4%

91.1%

The Woodlands10/1/2015 - 12/31/2015

Better Homes And Gardens Real Estate Gary GreeneLeads ALL Brokers In Netting Their Sellers

The Highest Sold Prices.