Kingwood Housing Stats for September 2009

According to the Houston Association of Realtors®, the Kingwood housing stats for September 2009 show a mixed bag when compared to the same time last year. These results were as follows:

The number of listings has increased, as has the number of pending listings. The number of Kingwood listings that have closed are also up much higher than last year. The median sales price has increased slightly from the same time as last year and is also slightly up from the August 2009 median sales price and the sales price to original list price ratio has remained almost the same as September 2008. However, the average days a listing is on the market before it sells has increased almost 20% from the same time last year. What does this all mean? There are more listings on the market for buyers to look at and it will take a little bit longer to sell your home. But, homes are selling and prices are slightly up. Does this signal a bottom to the Kingwood market? It's too early to tell. Whether you're in the market for purchasing a Kingwood home or looking to sell your Kingwood property, please contact me today. I know Kingwood real estate!

Cliff Collins, 3C Realty - A Keller Williams Team for Kingwood real estate