The Woodlands market, although still very strong with an inventory of 3 months supply, has a drop of 9% in # of homes sold over last year at this time. Both the average sale price % and median sale price % increased 6% and 11% respectively with an increase of 17% average sale price and 13% average median price over the year before. The average sale price has increased to $150 and median to $132. The most important item to note is that homes are still selling at a fast rate, but there are more homes on the market this year to choose from. Buyers are still out there looking for the best home at the best price as the statistics show. Sellers have to be aware that their homes must be ready to show and in the best cared-for way possible. They also need to be listed at the right price. Buyers will not put in an offer if the home is overpriced. If you are planning to list your home, be sure it has been maintained and priced right. If you have concerns, you may want to consider a home inspection before listing. 
Posted OnOct 01, 2014
Leave a Comment
You must be logged in to post a comment.