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 overall average inventory of listings in June 2013 is down 39% compared to same period last year. May 2013 written contracts in The Woodlands is up 13% 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. The Woodlands June 2013 real estate months of inventory is 1.9 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. The 47.7 days for the month of May indicates homes are selling at a faster rate each month of this year. This chart compares the list price of a home to the actual sale price of the home. The Woodlands overall average for May 2013 is 97.7. Centralized Showing Service coordinates 99% of the showings for active listings in The Woodlands. Combining their data with HAR data, each active listing in The Woodlands was visited by an average of 21 buyers during the month of May. Visit www.MicheleFlory.com for more information on The Woodlands real estate. If you are searching for a home in The Woodlands 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 Woodlands real estate overall average inventory of listings in June 2013 is down 39% compared to same period last year.
May 2013 written contracts in The Woodlands is up 13% 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. The Woodlands June 2013 real estate months of inventory is 1.9 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. The 47.7 days for the month of May indicates homes are selling at a faster rate each month of this year.
This chart compares the list price of a home to the actual sale price of the home. The Woodlands overall average for May 2013 is 97.7.
Centralized Showing Service coordinates 99% of the showings for active listings in The Woodlands. Combining their data with HAR data, each active listing in The Woodlands was visited by an average of 21 buyers during the month of May.
Visit www.MicheleFlory.com for more information on The Woodlands real estate.
If you are searching for a home in The Woodlands 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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