September Sales Surge 16%. October Sales Should Be Strong Too.
Positive momentum surged September sales upward 16.1%. We can expect strong sales activity through the month of October.
The picture below shows the number of sales by price range.
Selection Is Great For Buyers. Competition Is Fierce For Sellers.
As we roll into fall and winter we can expect listing inventory inventory to remain high and buyer activity to ebb after October.
For Buyers: Selection is the best it’s been in several years.
For Sellers: if ever there was time to adjust your competitive position in the market place, this is it. Right now. After October we will experience a significant drop in buyer activity.
Buyer’s Market or Seller’s Market?
Year Over Year Comparisons.
Selection for buyers = locked in excellent-mode.
Competition for sellers remains fierce. Expect longer Days On Market and tough negotiations. Merchandising, presentation and Transmedia marketing are a must. Follow through and follow-up will be critical in moving from contract to closing.
The Whole Burrito.
Click HERE to download the full Home Sales Report for The Woodlands.
Click the picture below to view the report.