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Michele Flory

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The Woodlands TX Real Estate Market October 2014

October 8th, 2014


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.

Inventory of homes for sale in The Woodlands TX continues to increase as written contracts and potential buyer visits are beginning to slow as we approach the holiday months. The pulse of the market as measured by Months of Inventory, Days on Market, and List Price-Sale Price Ratios remains strong.

The Woodlands Real Estate New Listings

In the slideshow, we have a pie chart titled New Listings with a breakdown by List Price ranges. New Listings are defined as truly new to the market, not a terminated/re-listed recycled listing. When you see an asterisk next to the DOM number on HAR.com, it means the listing has been recycled to create the illusion of a new listing. Beginning next month, we will add the above month-to-month by year new listing tracking graph to our slideshow.

Interesting that we seem to have three months of increased new listing inventory this year versus only two months in previous two years.

Visit us at www.MicheleFlory.com for more information on The Woodlands real estate market by list price range.

For sellers waiting for the arrival of the large contingent of ExxonMobil buyers, the rumor mill ranges from 600 to 2,500 families during the first quarter 2015. The increased estimate seems to be based on changes in relations with Russia. The rumor mill also mentions ExxonMobil buyer visits during Thanksgiving and Christmas holidays.

The post The Woodlands TX Real Estate Market October 2014 appeared first on The Woodlands.


Disclaimer : The views and opinions expressed in this blog are those of the author and do not necessarily reflect the official policy or position of the Houston Association of REALTORS®

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