You are on page 1of 11

Real Estate Market Report

The Woodlands, TX
May / June 2011 Average Price Per Square Foot - Month By Month Average Sold Price / Median Sold Price - Month By Month Months Supply Of Inventory - By Price Range Average Days On Market - Month By Month Months Supply Of Inventory - Month By Month Sold Price To Original List Price % - By Real Estate Broker

Prudential Gary Greene, Realtors

~ 9000 Forest Crossing Drive

~ The Woodlands, TX, 77381

281-367-3531

GarvGrepne.com 'P11'1.1lfJ(T1,L~~~

Prudential

Gary Greene, Realtors

1"'
1"'0 LJ5"0
.I.) -s.

11- ... •

,"~
100

"'
'0

., .
I:i:
00

&
00

~)'S-

AO

".
ao .
1,

10·

KEY INFORMATION Monthly Change Sold $fSQFT 0.14 Monthly % 0.12 Total Change 3.42 Total % Change 2.96

MLS

HAR

Period: 107

2 Years (Monthly)

Price:

All

ConstrucUon Type:

All

Bedrooms:

All

Bathrooms:

All

Lot Size:

All All

Property Types' Sublocatlons:

Single-Family:

(Free Standing, Patio Home)

Sq Ft

BrokerMetrics®

1 of 2
of Realtors

06/03/11

Information not guaranteed. © 2011·2012 Terradatum and lis suppliers and licensors (http://wwwJerradatum.comfmetricsfJicensors). © 2011 - 2012 Houston Association of Realtors Certain inforrnation contained herein is derived from information which is the licensed property of, and copyrighted by, Houston Association

Market Dynamics
Average $/SQFT (Sold) 2 Years (Monthly) 05/01/09 - 05/31/11
FOR SALE Time Period May-ll Apr-ll Mar-ll Feb-l1 Jan-ll Dec-l0 Nov-l0 UNDER CONTRACT Avg # Avg $ SQFT 265 219 218 133 147 112 117 148 155 160 186 165 168 244 199 152 102 109 117 141 162 164 219 210 201 370,345 360,014 388,671 397,910 412,761 369,618 358,158 340,752 406,798 378,003 370,408 405,662 418,838 329,701 336,264 383,121 397,584 356,658 383,617 334,669 368,078 321 ,497 336,903 347,232 392,607 2,993 2,979 3,098 3,051 3,143 3,014 2,943 2,848 3,006 3,046 3,067 3,191 3,127 2,860 2,872 3,003 3,11 9 2,955 3,108 2,775 2,823 2,792 2,880 3,002 3,125 SOLD $/ SQFT 124 121 125 130 131 123 122 120 133 124 121 127 134 115 117 128 127 118 123 121 130 115 117 116 126 # 200 177 163 114 89 151 150 138 160 189 170 225 199 174 177 96 69 144 143 150 166 204 235 226 167 Avg $ 367,666 324,995 401,921 358,029 367,995 343,298 300,939 361,357 364,563 411,728 382,644 358,401 315,575 321,607 342,372 385,550 356,704 345,245 332,680 333,290 316,401 329,472 349,740 351,836 350,095 Avg SOFT 3,100 2,875 3,153 3,120 3,018 3,001 2,726 3,026 3,021 3,286 3,156 3,003 2,844 2,854 2,977 3,083 3,029 3,013 2,820 2,788 2,796 2,915 3,030 3,061 3,009 $/ SOFT 119 113 127 115 122 114 110 119 118 126 121 119 111 113 115 125 118 113 118 120 113 113 115 115 116 EXPIRED

Prudential Gary Greene, Realtors

#
1,445 1,421 1,368 1,188 1,167 1,150 1,230 1,319 1,376 1,451 1,487 1,431 1,353 1,358 1,236 1,077 977 934 1,020 1,083 1,133 1,224 1,352 1,347 1,309

Avg $ 488,463 488,902 476,345 485,966 485,998 490,880 469,512 456,859 460,011 452,181 458,067 475,249 486,910 471,035 475,809 498,117 508,196 525,254 518,943 507,992 510,370 496,344 480,848 484,778 503,759

Avg SOFT 3,292 3,288 3,250 3,284 3,294 3,296 3,253 3,225 3,234 3,209 3,252 3,294 3,364 3,306 3,313 3,393 3,444 3,468 3,482 3,434 3,423 3,381 3,352 3,374 3,441

$1 SOFT 148 148 146 148 147 149 144 142 142 141 141 144 144 142 143 146 147 151 149 147 149 146 143 144 146

#
138 118 123 103 104 138 131 159 152 179 151 146 130 103 91 75 83 111 124 109 118 159 144 124 112

Avg $ 425,048 445,916 383,535 471,399 352,977 401,551 440,265 357,170 425,405 355,259 418,211 460,176 463,532 375,129 453,953 429,212 473,107 587,867 491,854 442,554 453,683 421,352 424,955 459,475 459,171

Avg SOFT 3,266 3,170 2,874 3,172 2,966 2,962 3,234 3,047 3,256 2,879 3,236 3,079 3,307 2,964 3,195 3,209 3,442 3,558 3,482 3,192 3,370 3,288 3,295 3,300 3,302

$1 SOFT 130 141 133 149 119 136 136 117 131 123 129 149 140 127 142 134 139 165 141 139 135 128 130 139 139

#
361 394 416 272 267 168 218 250 264 301 367 376 342 412 386 285 263 155 187 230 232 235 339 351 320

NEW LISTINGS Avg Avg $ SOFT 394,904 444,149 422,566 395,418 372,505 515,431 376,713 389,349 382,319 355,529 368,352 404,030 404,122 387,845 368,012 420,303 418,437 433,153 398,895 369,867 389,843 393,165 374,647 353,037 418,641 3,076 3,184 3,070 3,046 2,994 3,317 2,999 3,057 3,019 2,923 2,989 2,974 3,114 3,051 2,947 3,135 3,207 3,114 3,059 3,023 3,104 3,031 3,023 2,961 3,191

$/ SOFT 128 139 138 130 124 155 126 127 127 122 123 136 130 127 125 134 130 139 131 122 126 130 123 119 131

oct-to
Sep-l0 Aug-l0 Jul-10 Jun-l0 May-l0 Apr-l0 Mar-l0 Feb-l0 Jan-10 Dec-09 Nov-09 Oct-09 Sep-09 Aug-09 Jul-09 Jun-09 May-09

BrokerMetrics®

2 of 2
of Realtors

06/03/11

Information not guaranteed © 2011 - 2012 Terradatum and its suppliers and licensors (htlp:/lwww_terradatumcom/metricsnicensors). © 2011 - 2012 Houston Association of Realtors Certain information contained herein is derived from information which is the licensed property 01, and copyrighted by, Houston Association

Prudential Gary Greene, Realtors

•• 0

,.0
rec :

1..10'

60

KEY INFORMATION Monthly Change


Average

Monthly % 0.29 0.35

Total Change 23,888,23 21.484.18

Total % Change 7.05 8.37

995.34 895.17

Median

r
All Bedrooms: All Bathrooms: All Lot Size: Sq Fl: All All

MLS:

HAR

Period: 107

2 Years (Monthly)

Price:

All

Construction Type:

Property Types' Sublocalions:

Single-Family:

(Free Sianding, Patio Home)

BrokerMetrics®

1 of 2
by, Houston Association of Realtors

06/03/11

Information not guaranteed. © 2011 - 2012 Terradatum and its suppliers and licensors (htlp:/Iwwwterradalum.com/metncs/licensors). © 2011 - 2012 Houston Association of Realtors Certain information contained herein is derived from information which is the licensed property of, and copyrighted

Market Dynamics
Sold Average vs. Median Price 2 Years (Monthly) 05/01/09 - 05/31/11

Prudential Gary Greene, Realtors

Time Period May-ll Apr-ll Mar-ll Feb-ll Jan-f t oec-l0 Nov-l0 Oct-l0 Sep-l0 Aug-l0 Jul-l0 Jun-10 May-f O Apr-l0 Mar-l0 Feb-l0

# Pro~erties Sold

Sold Average $ 367,666 324,995 401,921 358,029 367,995 343,298 300,939 361,357 364,563 411,728 382,644 358,401 315,575 321,607 342,372 385,550 356,704 345,245 332,680 333,290 316,401 329,472 349,740 351,836 350,095

Sold Median

Average $ - Median $ 70,666 63,995 136,921 72,534 92,995 83,298 65,439 116,907 83,063 95,728 53,644 73,401 40,575 86,607 62,472 117,425 106,704 69,995 112,215 99,290 85,401 65,972 75,740 74,386 82,545

Median $ as % of Average $ 80.8 80.3 65.9 79.7 74.7 75.7 78.3 67.6 77.2 76.8 86.0 79.5 87.1 73.1 81.8 69.5 70.1 797 66.3 70,2 73.0 80.0 78.3 78.9 76.4

Sold Avg DOM 69 78 85 102 90 93 76 79 79 79 73 62 58 66 86 80 70 80 69

200 177 163 114 89 151 150 138 160 189 170 225 199 174 177 96 69 144 143 150 166 204 235 226 167

297,000 261,000 265,000 285,495 275,000 260,000 235,500 244,450 281,500 316,000 329,000 285,000 275,000 235,000 279,900 268,125 250,000 275,250 220,465 234,000 231,000 263,500 274,000 277,450 267,550

Jantn
oec-09 Nov-09 Oct-09 Sep-09 Aug-09 Jul-09 Jun-09 May-09

72
69 67 60 81 64

BrokerMetrics®

2of2

06/03fll

Information not guaranteed. © 2011 - 2012 Terradatum and its suppliers and licensors (htlp:llwww.terradatum.com/metricsnicensors). © 2011 - 2012 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

arvG!reene.com

IPRUDENTIAL GARY CREENE, REALTORS®

The Woodlands Texas Real Estate Report


Months Supply Of "For Sale" Listing Inventory - June 3rd, 2011
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 below. To find out, contact us (281-367-353) and we can provide you with an up to the minute, on-target, Months Supply Of Inventory report. We don't charge for this service, so give us a call and we'll send you your free report - pronto.

June 3rd, 2011- Months Supply Of For Sale Listing Inventory - The Woodlands TX
PRICE RANGE $000,000 - $200,000 . . . $200,001 - $300,000 . . . $300,001 - $400,000. . . $400,001 - $500,000 . . . $500,001 - $600,000 . . . $600,001 - $700,000. . . $700,001 - $800,000 . . . $800,001 - $900,000 $900,001 - $1,000,000 $1,000,001+ MONTHS SUPPLY OF LISTING INVENTORY . . . . . . . . . . . . . . . .. 5.5 . . . . . . . . . . . . . . . .. 6.9 . . . . . . . . . . . . . . . .. 5.3 . . . . . . . . . . . . . . . .. 5.5 . . . . . . . . . . . . . . . .. 4.8 . . . . . . . . . . . . . . . .. 7.2 . . . . . . . . . . . . . . . .. 10.2 17.6 9.9 16.7

Is it a Buyer's Market or a Seller's Market? According to real estate economists, 6 months supply of For Sale Inventory represents a balanced market. A higher number means it's leaning towards a buyer's market, less than six months, would indicate a seller's market. As we enter the summer selling season, For Sale Inventory begins to rise along with buyer activity. If you're thinking of selling, keep in mind the keys to salability and competitive positioning is merchandising (staging), marketing and pricing. Correctly tweak and amplify these three factors and you'll be one of the successful sellers attracting a qualified buyer. Ignore one, two, or three of these salability factors and the property will languish. Keep in mind, this snapshot provides a broad and general overview, what is happening in your neighborhood could very well be different. As I shared earlier, if you'd like a free and up to the minute Market Analysis for your property and neighborhood just let me know. Thanks .

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

Market Dynamics
Average DOM 2 Years (Monthly) 05/01/09 - 05/31/11

Prudential Gary Greene, Realtors

120

110

,,,,

....
35

so

20

KEY INFORMATION Monthly Change DOM Monthly % Total Change Total % Change

0.65

0,96

15.67

23.08

.. _-----------------------------

MLS:

HAR

Period' 107

2 Years (Monthly)

Price'

All

Construction

Type

All

Bedrooms:

All

Bathrooms:

All

Lot Size: Sq Fl:

All All

Property Types: Sublocations:

Single-Family:

(Free Standing, Patio Home)

BrokerMetrics®

1of2
of Realtors

06/03/11

Information not guaranteed, © 2011 - 2012 Terradatum and Its suppliers and licensors (http://www.terradatum.com/metrlcs~icensors). © 2011 - 2012 Houston Association of Realtors Certain information contained herein is derived from information which is the licensed property of, and copyrighted by, Houston Association

Market Dynamics
Average DOM 2 Years (Monthly) 05/01/09
# Under Contract
265 219 218 133 147 112 117 148 155 160 186 165 168 244 199 152 102 109 117 141 162 164 219 210 201

Prudential Gary Greene, Realtors

- 05/31/11

Time Period May-11 Apr-11 Mar-11 Feb-11 Jan-11 Dec-10 Nov-10 Oct-10 Sep-10 Aug-10 Jul-10 Jun-10 May-10 Apr-10 Mar-10 Feb-10 Jan-10 Dec-09 Nov-09 Ocl-09 Sep-09 Aug-09 Jul-09 Jun-09 May-09

Avg DOM 71 76 76 SO 102 102 S9 72 82 80 75 74 61 61 72 80 71 76 77 74 71 63 69 65 75

Avg CDOM

BrokerMetrics®

2of2
by. Houston Association of Realtors

06/03/11

Information not guaranteed. © 2011·2012 Terradatum and its suppliers and licensors (http://www.terradatum.com/metrics/licensors) © 2011 - 2012 Houston Association of Reallors Certain informalion contained herein is derived from informalion which is the licensed property of. and copyrighted

Market Dynamics
Months Supply of Inventory (UC Calculation) 2 Years (Monthly) 05/01/09 - 05/31/11
,000 ""0
U.2fi

Prudential Gary Greene, Realtors

,"0

a 00

105

s-e 7_50 7.2:5-

""
OS

e,ro
B

'0

~.7:!$ l;i.fiO

<,
e~
60

~
4.$0 4

;;

.f

ae

~.;-:; a 60

~5

3.00

e.r a
200

-r.vo

, ?'G
'.00
0,7"5

0.00

KEY INFORMATION Monthly MSI-UC Change Monthly 0.65 % Total Change 0,87 Total % Change 15.62

0.04

MLS:

HAR

Period: 107

2 Years (Monthly)

Price,

All

Construction

Type:

All

Bedrooms,

All

Bathrooms:

All

Lot Size: Sq Ft:

All All

Property Types Sublocatrons:

Single-Family

(Free Standing, Palio Home)

BrokerMetrics®

1 of 2
Information nol guaranleed, © 2011 - 2012 Terradalum and its suppliers and licensors (http://www,lerradalum,com/melrics/licensors) © 2011 - 2012 Houston Association of Realtors Certain information contained herein is derived from information which is 1he licensed property of, and copyrighted by, Houston Associalion of Realtors

06/03/11

Gar~ene.com

Market Dynamics
Months Supply of Inventory (UC Calculation) 2 Years (Monthly) 05/01/09 - 05/31/11
# For Sale Last Day of Month 1,042 1,084 1,027 952 916 900 982 1,012 1,069 1,112 1,150 1,120 1,055 1.011 946 850 792 714 779 833 853 901 989 1,013 996 # Under Contract 265 219 218 133 147 112 117 148 155 160 t86 165 168 244 199 152 102 109 117 141 162 164 219 210 201

Prudential Gary Greene, Realtors

GMtGOfH,IOAIJOOS'

Time Period May-11 Apr-11 Mar-11 Feb-11 Jan-11 Dec-10 Nov-tO Oct-10 Sep-10 Aug-10 Jul-10 Jun-l0 May-10 Apr-10 Mar-10 Feb-10 Jan-10 Oec-09 Nov-09 Oct-09 Sep-09 Aug-09 Jul-09 Jun-09 May-09

MSI 3.9 4.9 4.7 7.2 6.2 8.0 8.4 6.8 6.9 7.0 6.2 6.8 6.3 4.1 4.8 5.6 7.8 6.6 6.7 5.9 5.3 55 4.5 4.8 5.0

NAR MSI 5.2 6.1 6.3 8.4 10.3 6.0 6.5 7.3 6.7 5.9 6.8 5.0 5.3 5.8 5.3 8.9 11.5 5.0 5.4 5.6 5.1 4.4 4.2 4.5 6.0

#501d 200 177 163 114 89 151 150 138 160 189 170 225 199 174 177 96 69 144 143 150 166 204 235 226 167

BrokerMetrics®

2 of 2
Information not guaranteed © 2011 - 2012 Terradatum and its suppliers and licensors (http://www.terradatum.comlmetricMicensors) © 2011 - 2012 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

06/03/11

Market Share Totals


Sold
96 95.5

Prudential Gary Greene, Realtors

Price to Original

Price (List

Sid,,>

(By eMS

Wdld

By Office)

95.1 %
94.4%
DOMG-b

95 945

93.4%
",1

93.2% 92% 90.8% 89.8%


-.,. '-I-'

93_5 03

DOM53

92 915-

9'
90.5

90
A_95 B9 88.5

DaM

111

""
81'.5

B5,5

85
RcJrv'l'ax Springto.Noodl8n de. ~ Woodlands Pl)rkwoy Re/MElJII. SpnngtWoodiall dfl--R.eJ!l.a-I!In:-h Fon::~t Keller WilUan>-:=. WaodfH'I'lds

Martha Turner Prop.e-rtl-l!l-~WO()dl,.,."d!,,;

Prudertuer O;E;lry Greene Realtol":$ ... artcrino P

I., SPfopo/·1

PrudentialGary 6teene, Realtors - The Woodlands Research Forest Office Leads Area Br.okers In Netting Sellers Top Dollar
MLS: HAR Property Types: Sublccatrons: BrokerMetrics® Date: 107 01(01(2011 - 06103/2011 Type: CMS Status: Sold Price: All Construction Type:

All

Bedrooms:

All

Bathrooms:

All

Single-Family:

(Free Standing, Palio Home, Historic)

1 of 2
Informa lion not guaranteed © 2011 - 2012 T erradatum and Its suppliers and Ircensors (http Ifwww.terradatum.com(m etricsmcensors). © 2011 - 2012 Houston Association of Realtors Certain information contained herein is derived from information which is the licensed property of, and copynqhted by, Houston Association of Realtors

06/03/11

You might also like