The Woodlands real estate market begins 2012 with the lowest number of homes for sale in seven years. New construction is now confined to Creekside and East Shore. Our resale market in 2011 was brisk due to low interest rates, continued turmoil in Mexico, and the beginning of several major corporate relocations to The Woodlands and adjacent areas.
Our average months-of-inventory is 3.3 months. This means at current inventory and sales levels, all of our homes for sale would be sold in 3.3 months! A balanced market(equal number of buyers and sellers) is defined as 6 months of inventory. Our current level indicates a seller's market.
When is a good time to list your home for sale? From a pure real estate market perspective, you should target mid-to-late February. From our listing team perspective, we need to meet this month to enroll you in the Michele Flory Boot Camp. This is an extensive evaluation and recommendation process to prepare your home for maximum buyer appeal that translates to maximum sale price and minimum time on market.
Visit Michele Flory for information on your specific price range