Houston/Woodlands real estate reports

January 2018 Real Estate Market Report, The Woodlands, Texas

1. 1. REAL ESTATE UPDATE The Woodlands THROUGH January 2018 brought to you by: www.ReferredRealtyTX.com
2. 2. Market Dynamics Average $/SQFT (FS, Sold) 2 Years (Monthly) 01/01/16 - 01/31/18 Referred Realty Group Price: -0.09 All All All -0.13 -4.22 Property Types: HAR Sold $/SQFT For Sale $/SQFT MLS: All -0.19 Bathrooms: -0.18 All -3.10-4.62 Construction Type: Total Change Sq Ft: Monthly Change 2 Years (Monthly) Sublocations: All -2.20 Lot Size:Period: Monthly % Bedrooms: KEY INFORMATION Total % Change Single-Family: (Residential, Duplex) THEWOO 02/05/18BrokerMetrics� Information not guaranteed. � 2006 - 2018 Terradatum and its suppliers and licensors (http://www.terradatum.com/metrics/licensors). � 2018 - 2019 Houston Association of Realtors Certain information contained herein is derived from information which is the licensed property of, and copyrighted by, Houston Association of Realtors 1 of 2
3. 3. Average $/SQFT (FS, Sold) 2 Years (Monthly) 01/01/16 - 01/31/18 Market Dynamics Referred Realty Group # FOR SALE SQFTPeriod $/Avg SQFT Time Avg $ UNDER CONTRACT # Avg $ Avg SQFT $/ SQFT SOLD EXPIRED NEW LISTINGS # # #Avg $ Avg $ Avg $ Avg SQFT $/ SQFT Avg SQFT $/ SQFT Avg SQFT $/ SQFT 208Jan-18 469 3,930818,740 65 492,156 3,056 161 71 94 0389,807 846,4912,862 136 4,061 208 199Dec-17 698 3,794755,026 85 469,977 3,019 156 150 144 0497,995 715,7743,179 157 3,810 188 191Nov-17 943 3,643695,973 133 448,163 2,937 153 134 112 118360,424 622,218 594,8602,718 133 3,542 177 3,313 180 184Oct-17 1,168 3,537651,524 159 428,073 2,797 153 186 184 305472,185 580,475 507,7203,076 154 3,486 167 3,161 161 185Sep-17 1,198 3,552656,849 168 455,643 2,987 153 210 167 246432,180 624,143 511,6462,965 146 3,518 177 3,113 164 184Aug-17 1,325 3,551651,865 172 490,767 3,031 162 193 201 250445,530 588,402 508,9142,983 149 3,454 170 3,185 160 181Jul-17 1,520 3,522637,085 242 450,391 2,995 150 246 203 403456,350 605,330 532,5133,068 149 3,542 171 3,251 164 181Jun-17 1,569 3,539640,270 237 488,330 3,105 157 280 215 445449,436 628,290 538,9043,022 149 3,598 175 3,278 164 183May-17 1,573 3,545649,359 251 464,935 3,023 154 268 198 479421,966 706,933 573,7002,918 145 3,656 193 3,342 172 182Apr-17 1,494 3,483633,653 249 438,718 2,871 153 157 151 455387,536 601,306 502,7152,801 139 3,393 177 3,133 160 186Mar-17 1,396 3,550660,398 206 461,177 3,022 153 175 151 538486,553 721,661 565,9503,160 154 3,679 196 3,347 169 189Feb-17 1,123 3,572674,236 163 499,927 3,116 160 138 102 328424,157 571,028 513,4272,921 145 3,418 167 3,188 161 191Jan-17 1,070 3,573681,460 148 448,420 2,955 152 93 127 262455,154 582,932 592,7543,061 149 3,304 176 3,273 181 191Dec-16 1,059 3,593684,123 118 451,886 2,958 153 153 133 174410,923 731,602 591,1472,951 139 3,692 198 3,395 174 187Nov-16 1,143 3,540661,190 118 405,203 2,882 141 151 140 234431,506 616,430 459,0022,987 144 3,515 175 2,992 153 193Oct-16 1,199 3,615695,476 143 443,384 2,958 150 133 147 255416,815 830,870 554,2822,906 143 3,844 217 3,225 172 190Sep-16 1,253 3,595682,170 149 444,300 2,925 152 160 160 280411,262 600,149 506,6232,917 141 3,481 173 3,157 160 192Aug-16 1,313 3,592688,666 164 483,146 3,026 160 232 176 345454,232 636,812 544,7743,027 150 3,404 187 3,161 173 189Jul-16 1,349 3,602682,026 204 453,576 3,040 149 209 177 368435,491 628,540 535,4662,966 147 3,469 181 3,208 167 190Jun-16 1,350 3,623686,957 200 437,526 2,911 150 234 169 394443,436 691,627 598,5113,036 146 3,732 185 3,357 178 190May-16 1,316 3,650694,111 203 475,747 3,060 155 226 157 385486,426 798,061 522,6763,159 154 3,910 204 3,254 161 193Apr-16 1,329 3,664705,699 257 475,443 3,055 156 148 141 426428,549 733,790 560,3032,899 148 3,784 194 3,284 171 194Mar-16 1,204 3,683715,852 177 448,067 2,906 154 174 124 361414,500 672,531 572,1432,847 146 3,624 186 3,355 171 198Feb-16 1,146 3,658722,407 175 491,975 2,921 168 113 128 340402,068 675,318 602,8742,753 146 3,576 190 3,413 177 198Jan-16 1,097 3,627718,595 123 453,095 2,889 157 104 168 273478,814 652,778 583,0692,984 160 3,526 185 3,303 177 � 2018 - 2019 Houston Association of Realtors Certain information contained herein is derived from information which is the licensed property of, and copyrighted by, Houston Association of Realtors 2 02/05/182 ofBrokerMetrics� Information not guaranteed. � 2006 - 2018 Terradatum and its suppliers and licensors (http://www.terradatum.com/metrics/licensors).
4. 4. Market Dynamics Supply & Demand - # Units (FS, UC, Sold) 2 Years (Monthly) 01/01/16 - 01/31/18 Referred Realty Group Price: -0.73 All All All -0.79 -234.07 Property Types: HAR Under Contract 0.40 For Sale MLS: All -1.51 Bathrooms: 0.24 -9.75 Sold All -19.01-36.20 Construction Type: Total Change Sq Ft: Monthly Change 2 Years (Monthly) Sublocations: All -17.61 Lot Size:Period: 5.69 Monthly % Bedrooms: KEY INFORMATION Total % Change 9.61 Single-Family: (Residential, Duplex) THEWOO Information not guaranteed. � 2006 - 2018 Terradatum and its suppliers and licensors (http://www.terradatum.com/metrics/licensors). � 2018 - 2019 Houston Association of Realtors Certain information contained herein is derived from information which is the licensed property of, and copyrighted by, Houston Association of Realtors 1 ofBrokerMetrics� 2 02/05/18
5. 5. Supply & Demand - # Units (FS, UC, Sold) 2 Years (Monthly) 01/01/16 - 01/31/18 Market Dynamics Referred Realty Group # Properties # PropertiesAverage DOM# Properties SOLD # Properties FOR SALE Average DOM Average DOM UNDER CONTRACT Average DOM NEW LISTINGS # Properties EXPIRED Time Period 166 0Jan-18 158101 94124 7165469 137 0Dec-17 13669 144106 15085698 106 118Nov-17 11960 11264 134133943 93 305Oct-17 11765 18462 1861591,168 95 246Sep-17 11760 16767 2101681,198 89 250Aug-17 9559 20160 1931721,325 79 403Jul-17 9853 20354 2462421,520 77 445Jun-17 9847 21555 2802371,569 77 479May-17 9845 19849 2682511,573 76 455Apr-17 9657 15145 1572491,494 80 538Mar-17 13369 15147 1752061,396 95 328Feb-17 12080 10268 1381631,123 108 262Jan-17 14672 12790 931481,070 110 174Dec-16 12278 13369 1531181,059 101 234Nov-16 12358 14070 1511181,143 98 255Oct-16 13567 14760 1331431,199 94 280Sep-16 11850 16066 1601491,253 88 345Aug-16 10251 17653 2321641,313 86 368Jul-16 10145 17751 2092041,349 84 394Jun-16 10255 16951 2342001,350 86 385May-16 12253 15750 2262031,316 87 426Apr-16 11561 14157 1482571,329 95 361Mar-16 13363 12449 1741771,204 99 340Feb-16 11462 12863 1131751,146 109 273Jan-16 12466 16867 1041231,097 02/05/182 Information not guaranteed. � 2006 - 2018 Terradatum and its suppliers and licensors (http://www.terradatum.com/metrics/licensors). 2 ofBrokerMetrics� � 2018 - 2019 Houston Association of Realtors Certain information contained herein is derived from information which is the licensed property of, and copyrighted by, Houston Association of Realtors
6. 6. Market Dynamics Supply & Demand - # Units (FS, UC, Sold) Jan-17 through Jan-18 Referred Realty Group Price: 469.0 All All All 65.0 -601.0 Property Types: HAR Under Contract 93.0 For Sale MLS: All 148.0 Bathrooms: 71.0 1,070.0 Sold All -56.1-83.0 Construction Type: # Units Change Sq Ft: Jan-17 2 Years (Monthly) Sublocations: All -56.2 Lot Size:Period: -23.7 Jan-18 Bedrooms: KEY INFORMATION Percent Change -22.0 Single-Family: (Residential, Duplex) THEWOO Information not guaranteed. � 2006 - 2018 Terradatum and its suppliers and licensors (http://www.terradatum.com/metrics/licensors). � 2018 - 2019 Houston Association of Realtors Certain information contained herein is derived from information which is the licensed property of, and copyrighted by, Houston Association of Realtors 1 ofBrokerMetrics� 2 02/05/18
7. 7. Supply & Demand - # Units (FS, UC, Sold) Jan-17 through Jan-18 Market Dynamics Referred Realty Group # Properties # PropertiesAverage DOM# Properties SOLD # Properties FOR SALE Average DOM Average DOM UNDER CONTRACT Average DOM NEW LISTINGS # Properties EXPIRED Time Period 166 0Jan-18 158101 94124 7165469 137 0Dec-17 13669 144106 15085698 106 118Nov-17 11960 11264 134133943 93 305Oct-17 11765 18462 1861591,168 95 246Sep-17 11760 16767 2101681,198 89 250Aug-17 9559 20160 1931721,325 79 403Jul-17 9853 20354 2462421,520 77 445Jun-17 9847 21555 2802371,569 77 479May-17 9845 19849 2682511,573 76 455Apr-17 9657 15145 1572491,494 80 538Mar-17 13369 15147 1752061,396 95 328Feb-17 12080 10268 1381631,123 108 262Jan-17 14672 12790 931481,070 02/05/182 Information not guaranteed. � 2006 - 2018 Terradatum and its suppliers and licensors (http://www.terradatum.com/metrics/licensors). 2 ofBrokerMetrics� � 2018 - 2019 Houston Association of Realtors Certain information contained herein is derived from information which is the licensed property of, and copyrighted by, Houston Association of Realtors
8. 8. Months Supply of Inventory (UC Calculation) Market Dynamics Jan-16 through Jan-18 Referred Realty Group Sublocations: -6.03 Price:HAR Bedrooms:Period: Monthly % MSI-UC 2 Years (Monthly) THEWOO -0.25 Single-Family: (Residential, Duplex) Total % Change Property Types: KEY INFORMATION All All Lot Size:All -0.33 Monthly Change -0.01 Total Change Sq Ft: AllAll Bathrooms:MLS: AllConstruction Type: Information not guaranteed. � 2006 - 2018 Terradatum and its suppliers and licensors (http://www.terradatum.com/metrics/licensors). BrokerMetrics� 1 of 2 � 2018 - 2019 Houston Association of Realtors Certain information contained herein is derived from information which is the licensed property of, and copyrighted by, Houston Association of Realtors 02/05/18
9. 9. Referred Realty GroupMarket Dynamics Months Supply of Inventory (UC Calculation) Jan-16 through Jan-18 Period NAR MSI # SoldMSI # For Sale Last Day of Month # Under Contract Time 4.4Jan-18 65 713104.8 3.1Dec-17 85 1504695.5 5.2Nov-17 133 1346985.2 4.4Oct-17 159 1868255.2 4.1Sep-17 168 2108635.1 4.9Aug-17 172 1939525.5 4.4Jul-17 242 2461,0754.4 4.0Jun-17 237 2801,1174.7 4.2May-17 251 2681,1244.5 7.0Apr-17 249 1571,0944.4 5.9Mar-17 206 1751,0395.0 6.2Feb-17 163 1388585.3 8.5Jan-17 148 937955.4 5.3Dec-16 118 1538086.8 5.9Nov-16 118 1518857.5 6.8Oct-16 143 1339096.4 5.9Sep-16 149 1609446.3 4.2Aug-16 164 2329735.9 4.6Jul-16 204 2099684.7 4.2Jun-16 200 2349814.9 4.2May-16 203 2269564.7 6.3Apr-16 257 1489313.6 5.2Mar-16 177 1749035.1 7.5Feb-16 175 1138434.8 7.8Jan-16 123 1048066.6 2 � 2018 - 2019 Houston Association of Realtors Certain information contained herein is derived from information which is the licensed property of, and copyrighted by, Houston Association of Realtors 02/05/18 Information not guaranteed. � 2006 - 2018 Terradatum and its suppliers and licensors (http://www.terradatum.com/metrics/licensors). BrokerMetrics� 2 of
10. 10. January 2018 Snapshot by Price Range Price Range Days on Market Months Supply of Inventory* Under Contract SOLD Number Active End of Current Month 100-199k 160 0.8 5 6 4 200-299k 105 108.0 19 23 34 300-399k 135 5.9 7 15 41 400-499k 117 5.6 10 14 56 500-599k 145 4.6 7 2 32 600-699k 140 5.0 5 2 25 700-799k 104 14.5 2 4 29 800-899k 0 0.0 0 2 14 900-999k 125 9.0 1 1 9 1M-1.499M 80 7.5 2 1 15 1.5M-1.999M 230 13.0 1 0 13 2M-17M 118 28.0 1 0 28 *Economists consider a balanced market (buyer vs. seller activity) to be 6 mo.