

We have sold 1,806 homes YTD this year as compared to 1,662 last year. This is a 9% increase. The $300’s and the $900’s are still the only price ranges not seeing an increase in sales volume. All other price ranges have enjoyed more sales, ranging anywhere from 6 to 71%. The $800’s is the lucky price range with an increase of 71%, with 29 homes sold this year as compared to 17 at this time last year.
Visit www.MicheleFlory.com for more detailed information on The Woodlands real estate.
Data Source: HAR


As of December 1st, we have 571 active listings in The Woodlands. Our inventory is now 23% lower than the same time a year ago, and the lowest it has been since January of 2010. Inventory is down for all price ranges under $600,000. Inventory will remain low most likely for the next 60 days as we go through the holidays and recovery period in January.
Visit www.MicheleFlory.com for more detailed information on The Woodlands real estate.
Data Source: HAR
Written contracts continue at a pace above same period last year beginning in May. Beginning in July, our listing inventory is below same period last year. These two factors have resulted in a shortage of available homes for buyers in several price ranges.
As the above chart illustrates, The Woodlands is a truly unique real estate market! Months of Inventory is a compass for market direction.
Months of Inventory is calculated by dividing current listing inventory by the average monthly sales of the previous twelve months. The real estate industry defines six months of inventory as neither a buyer's or a seller's market; a balanced market. A number above 6 indicates a buyer's market; a number below 6 indicates a seller's market.
The Woodlands real estate market returned to a seller's market in August. This trend is likely to continue due to strong buyer activity and a declining inventory of homes for sale.
Visit our web site for details on The Woodlands real estate. ActiveRain Corp. is not responsible for the accuracy of the site's content (which is written by members of the ActiveRain Real Estate Network) and does not endorse the views of the real estate agents, mortgage brokers, and others listed here.
Powered by the ActiveRain Real Estate Network
© 2013 ActiveRain Corp. All Rights Reserved