The Woodlands - The Woodlands Real Estate blog sponsored by Michele Flory of The Woodlands, TX. Content includes The Woodlands community news, activities, lifestyle events, real estate market condition reports, the woodlands texas homes for sale, free real estate services.

The Woodlands real estate inventory of homes for sale in this list price range is down 9% from same period last year.

Inventory of homes for sale is distributed throughout The Woodlands with small groups in newer homes Creekside Park Village and older homes Grogans Point.

Written contracts are up 5% from same period last year.

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 4.0; higher than The Woodlands current real estate overall market 1.8 months.

WOW! 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 10 days for the month of March compared to an overall market of 87.8 days on market, this means there are significantly more buyers than seller in this list price range.

Another indicator of significant buyer interest! This chart compares the list price of a home to the actual sale price of the home. At 99%, we are seeing the impact of multiple-offer over-list activity. This list price range may be the first to break the 100% threshhold.

The number of potential home buyers in this list price range shows a major spike in activity. During March, each home listed for sale averaged 16.6 buyer visits.

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.

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