The Woodlands Home Sales and Inventory Market Report | August/September 2019

  • Seller’s Market up to $900,000.  Strong Seller’s Market up to $500,000
  • August Listings Under Contract were UP 25.9% compared  July 2018
  • Year To Date Listings Under Contract  = UP 12.2%
  • Low-Low Mortgage Rates
  • 1 in 4 new listings were placed Under Contract in 10 Days Or Less
  • 2 in 5 new listings were placed Under Contract in 31 Days Or Less
  • Average Days On Market before placed Under Contract = 58 Days
  • Median Number Of Days On Market before placed Under Contract = 40 Days
  • Median List Price placed Under Contract = $387,000
  • Average List Price placed Under Contract = $549,000

Q. Why is the market UP 12.2% year-to-date compared to than last year? 

A. Our real estate market is fueled by a bundle of positive external stimulus factors. 

Factors like:

  • Positive economic growth.
  • Job growth and low unemployment.
  • Stable oil prices.
  • Positive consumer confidence.
  • Corporate-relocation moving people in and out (like an Exxon/Mobil).
  • Healthy selection.
  • Excellent mortgage rates in the historically low 3% range.

All positive External Stimulus Factors are in place.  Our real estate market is healthy and gaining strength.


Buyers. . . 

  • It’s a Seller’s Market below $900,000, keenly competitive for buyers below $500,000.
  • When you find what you love, move fast.
  • Mortgage rates are at their lowest in years = More Home, Lower Payments!


 Sellers. . .

  • While market conditions below $900,000 are strong, no matter the price, one fact remains, half hearted selling-efforts will fall flat faced. This is especially true as we enter a Seasonal-Slower Fall and Winter.
  • Supreme interior and exterior merchandising is a must. (Here’s a Checklist)
  • Quality and reach in your marketing and promotional strategy is more important than ever.
  • Give-It-Away pricing is not required!  Competitive pricing is.
  • More and more, serious sellers are matched with serious buyers every day.

Reach out to me if you would like more real estate information.  You can email me at Scott@ScottCulberson.com.

I am here to help you to LIVE LIFE TO THE FULLEST,

Scott Culberson
Better Homes and Gardens Real Estate Gary Greene

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