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The Woodlands homes for sale in this list price range are down 7% from same period last year.
Most of the available homes are clustered in three areas of The Woodlands…..Grogan’s Point, Carlton Woods, and East Shore. Most of the new construction is located on East Shore
Offers are down 17% in this list price range versus The Woodlands overall average of plus 20%.
Months of inventory is defined by the National Association of Realtors as current inventory
divided by the average number of monthly sales for the previous 12 months. A months of inventory
above six is defined as a buyer’s market; a number below 6 is defined as a seller’s market. Six
months is defined as a balanced market. Months of inventory in this list price range as of today
is 10.7; higher than The Woodlands current real estate overall market 1.8 months.
Days on market is defined as number of days from list date to contract date. This category always
lags one month since it is based on contract activity. At 103 days for the month of April
compared to an overall market of 87.8 days on market, this means there are slightly more sellers than
buyers in this list price range.
This chart compares the list price of the home to the actual sale price of the home. The Woodlands overall average is 97.1.
During month of March, this list price range averaged 6.4 showings per listing compared to The Woodlands overall average of 25.1.
Visit Michele Flory for more information on The Woodlands real estate.
If you are considering selling your home, we would welcome the opportunity to discuss several of
our unique marketing options to maximize the value of your home. If you are searching for a home
in The Woodlands in this list price range and noticing that new listings are changed from Active
to Pending or Sold within the same hour or day, we should discuss the topic of Pocket Listings.
The post The Woodlands Real Estate $1 Million Plus List Price Range appeared first on The Woodlands.
