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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FREE Continuing Education Class THIS WEEK

CREATING MOMENTS CLASS AUG 15 2019, Soctt Culberson Real Esate Instructor

FREE 3 Hour Continuing Education for Real Estate Agents

Thursday, August 15th
9:30am check in
10:00am class starts 1:00pm class ends
Location: Gehan Homes, BALMORAL, 11911 Lewisvale Green Drive, Humble, TX 77346 FIRST CLASS IN THE NEW MODEL

Creating Moments for Buyers and Sellers # 33846 Learn how to identify and Celebrate Client centered WOW moments to establish a culture of “ABOVE AND BEYOND” customer service that encourages past clients to openly refer family and friends for many years to come…in this DYNAMIC 3-hour elective class taught by Scott Culberson #4547 an independent instructor for Lloyd Hampton Real Estate Education #09844

Summer is quickly coming to a close and that is a PERFECT TIME FOR…

 FREE Continuing Education for Real Estate Agents

Thursday, August 15th
9:30am check in
10:00am class starts 1:00pm class ends
Location: Gehan Homes, BALMORAL, 11911 Lewisvale Green Drive, Humble, TX 77346 FIRST CLASS IN THE NEW MODEL

***** Creating Moments for Buyers and Sellers # 33846 Learn how to identify and Celebrate Client centered WOW moments to establish a culture of “ABOVE AND BEYOND” customer service that encourages past clients to openly refer family and friends for many years to come…in this DYNAMIC 3-hour elective class taught by Scott Culberson #4547 an independent instructor for Lloyd Hampton Real Estate Education #09844

PLEASE RSVP: LKastendieck@gehanhomes.com

See photo above

I look forward to meeting you there and helping you to…

Live Life to the Fullest,
Scott Culberson
Real Estate Instructor #4547
BROKER ASSOCIATE
BPOR, PSA, SFR, e-PRO, RENE, HCP, SMP
Lloyd Hampton Real Estate Education #09844
Call/Text: 281-467-4691
Email: Scott@ScottCulberson.com
Website: http://www.ScottCulberson.com
Author of: Jack and Jill Go Up The Home Ownership Hill: 
The Home Buyer Checklist You’ve Been Looking For 

TAX FREE WEEKEND TEXAS is HERE

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Always on the look out for positive moments. I am excited for the new possibilities that lay ahead of students returning to school. I hope you have a wonderful year and live life to the Fullest.

       It’s here…The Texas Tax free weekend–Friday August 9-Sunday August 11th.  So this means one of two things for ALL Texans. 

1) they will shop and enjoy the discount of having no sales tax (not all items are eligible)

or

2) they will avoid ANY and all shopping areas.

It can be quite over whelming.  It’s not as bad as black Friday but the crowds can definitely affect your day.

Today, I popped into a local office supply store to get some ink.  On a normal day this is an in and out situation at 11:30 in the morning.  Not for day 1 of the tax free weekend.  I had to dodge shopping carts, unattended children, lost parents, sales people galore and then their was the line at the register.  There is never a line at the register on a “normal day”.

So until stores close on Sunday evening, be aware, be very aware IT’S TEXAS TAX FREE WEEKEND and next up……

it’s watch out for buses, bikes and school zones.

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Live Life to the Fullest,
Scott Culberson

Broker Associate
Better Homes and Gardens Real Estate Gary Greene

email me at: Scott@ScottCulberson.com