Watching Paint Dry:-/
October sales lag lazily behind last years total by 10.9%.
Days On Market are longer.
Statistically, the Average and Median sales price have drifted lower. Not because values are falling, but because the total number of home sold priced over $500,000 are down 23.7% Year-To-Date.
494 this year, 648 last year. Therefore, lower sold prices, not values.
Listing inventory is stable. Selection Is Great.
For Sellers, Competition Is Fierce.
Selection is excellent and buyers in the over $500,000 price range currently enjoy the benefits of a Buyer’s Market.
The Woodlands Home Sales Report
Click HERE to download and view the full report. Thanks.
If we can be helpful, let me know. Ken Brand | 832-77-1779 | Ken@KenBrand.com
Thanks.