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 TX real estate market in this list price range has active listing inventory up 63% and written contracts down 9% compared to same period last year. Days on market before contract is averaging 99 days.

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 is 11.6; significantly higher than The Woodlands current real estate overall market 2.0 months. Average list price to sale price ratio is 93%. Potential buyer visits to active listings is trending up.

The post The Woodlands TX Real Estate February 2015 $1 Million Plus List Price appeared first on The Woodlands.