Our first chart of the year indicates a strong surge of buyer and seller activity.

Inventory of active listings continues at higher than previous year levels. As we move into the "season", we will see more homes on the market adding to the traditional curve. This year we are poised for more competition among sellers and a wider range of choices for buyers.

Written contracts in January are 36% higher than 2010. One interesting note: All of the 5 homes in the $1 million+ price range sold (closed) in January were cash buyers! What does this mean? I would welcome your comments, ideas, thoughts.

The second chart was provided by our broker office manager, Ken Brand. Contrary to the gloomy tone of national and regional media, home values in The Woodlands are being maintained near The Woodlands' benchmark level of 97%. Of course, this is only possible if you listed and sold your home through the Woodlands Research office of Prudential Gary Greene!
Sources: HAR, PGG

Visit Michele Flory at www.MicheleFlory.com for more information on The Woodlands real estate.