Real Estate Market Report The Woodlands, TX August/September 2010 Months Supply Of For Sale Listing Inventory - By Price Range Average Sold Price / Median Sold Price — Month By Month Average Sold Price Per Square Foot — Month By Month Days On Market / Active Listings - Month By Month Days On Market / Sold Listings — 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GaryGreene.com The Woodlands Texas Real Estate Report “Months Supply Of “For Sale” Listing Inventory ~ September 7°, 2010 While mulling over these inventory numbers, keepin mind these figures represent big averages across The Woodlands. Redl esate is hyper local in nature. Market conditions for your specific property, in your specific neighborhood may be different that the big average you see below. To find out, contact me and T ean provide you ‘with an up tothe minute, on-target, Months Supply Of Inventory report, ‘September 7", 2010 — Months Supply Of For Sale Listing Inventory — The Woodlands TX PRICE RANGE. . . . . . MONTHS SUPPLY OF LISTING INVENTORY $000,000 ~$200,000 .. =... 60 $200,001 ~ $300,000, 66 $300,001 ~ $400,000 57 $400,001 ~ $500,000... 67 $500,001 ~ $600,000, 47 $600,001 ~ $700,000, 58 $700,001 ~ $800,000... 002.. 84 '$800,001 ~ $900,000 156 $900,001 ~ $1,000,000 . 81 $1000001+....ce.ccesesesesesseveves 186 ‘What Dose It Mean? ‘According to realestate 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 fll selling season, For Sale Inventory begins to shrink, along with buyer activity. Ifyou'ee ‘thinking of selling, keep in mind the keys osalability, 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, altacting a qualified buyer. Ignore one, two, or three ofthese salability factors, andthe property will languish, Before you pick a lis price for vour property, watch this video, Keep in mind, this snapshot provides a broad and general overview, what is happening in your neighborhood could very well be different. If you'd like an up to the minute Market Analysis for your property and neighborhood, give me a eal. nee! 00 Fors Crossing The Woodlands Tee 781 Of 2813678 SOND TSMarket Dynamics Prudential Gary Greene, Realtors