Begin to Win

  • Home
  • Market Reports
You are here: Home / Members / The Woodlands Home Sales and Inventory Report | June/July 2019

July 5, 2019 by ken@kenbrand.com

The Woodlands Home Sales and Inventory Report | June/July 2019


Click HERE to view/download/print Home Sales Market Reports.


Buyer Activity and Sales = UP

Inventory and Selection Is Excellent

Low-Low-Low Mortgage Rates

  • Strong Seller’s Market Below $500,000 
  • June  Sales = UP 14.9%
  • Year To Date Sales = UP 12.4 %
  • Inventory and Selection Is Excellent
  • Low-Low Mortgage Rates
  • Seller, buyer and agent activity is brisk.  ShowingsAppointments and Open House activity is strong.  
  • 1 in 3 new listings were placed Under Contract in 7 Days Or Less
  • 6 in 10 new listings were placed Under Contract in 30 Days Or Less
  • Average Days On Market before placed Under Contract = 40 Days
  • Median Number Of Days On Market before placed Under Contract = 17 Days
  • Median List Price placed Under Contract = $371,500
  • Average List Price placed Under Contract = $493,146

Q. Why is the market stronger than last year?

A. Our real estate market is fueled by a bundle of positive external stimulus factors. 

Factors like:

  • Positive economic growth.  
  • Job growth and low unemployment.
  • Stable oil prices.
  • Positive consumer confidence.
  • Corporate-relocation moving people in and out (like an Exxon/Mobil). 
  • Healthy selection.
  • Excellent mortgage rates, the lowest since February 2018. 

All positive External Stimulus Factors are in place.  Our real estate market is healthy and gaining strength.


Buyers. . .

  • Selection and buying conditions are excellent. 
  • It’s a Buyer’s Market above $500,000.
  • It’s a keenly competitive Seller’s Market below $500,000.
  • When you find what you love, move fast. 
  • Mortgage rates are at their lowest in a year. 

 Sellers. . .

  • While market conditions are improved, one fact remains, half hearted selling-efforts will fall flat faced.
  • Supreme interior and exterior merchandising is a must. (Here’s a Checklist)
  • Quality and reach in your marketing and promotional strategy is more important than ever. 
  • Give-It-Away pricing is not required!  Competitive pricing is.
  • More and more, serious sellers are matched with serious buyers every day.

Real Estate Agents. . .

  • This market will generate more opportunities to out-hustle and out-perform less committed amateurs and part-timers. When competition heats up, the weak wilt, the strong WIN.
  • Winning requires close contact and communication, sharing, serving, solving and simplifying everything with everyone.
  • Positive energy and perspective.
  • No matter what, always keep those promises. To others and yourself.
  • Confidence and a bias towards swift and consistent execution WINS.  
  • Basically you need to be All In.  The good news is, in this market, your winning efforts will be rewarded.

Take a look at these graphs and let me know if you have any questions or if I can be helpful📲






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: Members, Real Estate Market 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.

Linsey Ehle

Linsey is the Sales Manager at Better Homes & Gardens|Gary Greene in The Woodlands and Magnolia markets. Previously a broker/owner in Southern California, as well as a coach for Tom Ferry, Linsey is here to support the careers of both new and seasoned agents. Whether the goal is to launch a successful real estate career, increase production, or help agents create efficiencies, Linsey is committed to helping the Gary Greene team achieve their individual objectives.

Subscribe to Blog via Email

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

Join 109 other subscribers

Copyright © 2021 · Begin to Win on Genesis Framework · WordPress · Log in