The Woodlands Real Estate Snap Shot Report – September 17th, 2018
Sales UP in September💡
Why are sales in The Woodlands a bit dull this year💡
840 Active Listings For Sale.
The Average List Price in The Woodlands is $763,117.
52% of of 840 Active Listings are priced below $500,000.
67% of the listings placed under contract, month-to-date, were priced below $500,000.
The Median List Price in The Woodlands is $492,000.
It’s a Seller’s Market below $500,000 a Buyers Market Above $500,000.
We are experiencing a normal market, absent external stimulation created in years past by large corporate group moves (think EXXON) and most recently, those displaced by Hurricane Harvey last year.
Buyers making elective moves in this market are on the hunt for the perfect fit. Urgency to buy/move is taking a back seat to front seat priorities, finding the perfect fit. Listings not merchandised attractively, inside and out, and or priced uncompetitively are passed over. Supreme looking properties price fairly are selling quickly, especially under $500,000
Based on current sales and buyer activity we expect this months unit sales total to be higher than September 2017. This will be the first month of this year where sales exceeded last year’s monthly total.
The key to success for sellers in all price ranges is excellent merchandising, inside and out, competitive pricing and sincere motivation to sell.
Should you have any questions about the market, or I can be helpful, don’t hesitate to contact me, text, eMail or cell📲
Thanks – Ken B🌞 | 832-797-1770 | Ken@KenBrand.com