Begin to Win

  • Home
  • Ken’s Market Reports
  • Join Us
You are here: Home / Real Estate Market Reports / Market Snapshot For July Real Estate Activity in The Woodlands

August 2, 2014 by ken@kenbrand.com

Market Snapshot For July Real Estate Activity in The Woodlands

Sales Go From HOT to Not As Hot

The Woodlands, TX

When the economy smiles and citizens feel confident about their financial future they take well deserved vacations.  When would be buyers and sellers making elective moves are on vacation and enjoying life, sales take temporary breather too.

Another factor impacting the MLS sales numbers is non MLS new home sales. New home builders have been working feverishly to deliver new home product in and outside The Woodlands.  Much of the new home builder inventory and their record sales success do not appear in the MLS.  Although reported sales in MLS are less, overall sales are granite solid. No doubt 2014 will end as the second best year in the history of The Woodlands.  2015 will set anew record.

Bottom Line:  Sales are a bit no-big-deal slower.  Months Supply Of Inventory sits at just over three months of supply ( See Months Supply Of Inventory picture below).  Real estate economists tell us a six month of supply of inventory represents a balanced real estate market.  A three months supply defines a solid seller’s market.  Unstoppable external factors like job growth, commercial, retail and residential construction, corporate relocation and economic positivity will propel healthy sales and rising prices into 2015.  Slower sales and healthy selection is positive for locals considering a move up, down or sideways.  The selection of for sale homes to choose from, resale and new home construction, is the best it’s been in over two years.

Selection Is The Best It’s Been In Over Two Years

More selection is a positive factor.

Bottom Line:  For those considering a move in, up or sideways, now is the time because selection is great prices are mortgage rates are sure to rise.  The longer you wait the more expensive your move.

Months Supply Of Inventory and Sold Stats

Month Supply Of Inventory August 1st The Woodlands

This snapshot is filled with interesting info.  What do you think?

Dear Sellers

It remains a strong seller’s market but not every seller wins big.  Rising resale inventory, new home builder competition and slightly fewer buyers can lead to loss of equity with lower Sold To List Price results and longer days on market.  Choose wisely and win.

I’ll have the rest of the reports posted for you to share by Monday morning.  Thanks for all you do.

If we can be helpful – Ken Brand 832-797-1779

About ken@kenbrand.com

Ken is the General Sales Manager for The Woodlands Area Marketing Center for Better Home And Gardens Real Estate Gary Greene.
_____________________________
Paradox. Surprise. Uncommon Sense. Irony. ELBs. Impressions. Observations. Less Blah Blah-More Ah-Ha.

If I can be helpful, call, text or eMail - Ken Brand | 832-797-1779 | Ken@KenBrand.com.

    Find me:
  • facebook
  • linkedin
  • twitter

Share this:

  • Click to share on Twitter (Opens in new window)
  • Click to share on Facebook (Opens in new window)

Related

Filed Under: Real Estate Market Reports Tagged With: july market data, July Market reports, july real estate reports

About ken@kenbrand.com

Ken is the General Sales Manager for The Woodlands Area Marketing Center for Better Home And Gardens Real Estate Gary Greene.
_____________________________
Paradox. Surprise. Uncommon Sense. Irony. ELBs. Impressions. Observations. Less Blah Blah-More Ah-Ha.

If I can be helpful, call, text or eMail - Ken Brand | 832-797-1779 | Ken@KenBrand.com.

KEN BRAND

Ken is the General Sales Manager for The Woodlands Area Marketing Center for Better Home And Gardens Real Estate Gary Greene.
_____________________________
Paradox. Surprise. Uncommon Sense. Irony. ELBs. Impressions. Observations. Less Blah Blah-More Ah-Ha.

If I can be helpful, call, text or eMail - Ken Brand | 832-797-1779 | Ken@KenBrand.com.

Subscribe to Blog via Email

Enter your email address to subscribe to this blog and receive notifications of new posts by email.

Join 97 other subscribers

Copyright © 2019 · Begin to Win on Genesis Framework · WordPress · Log in