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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The Woodlands Texas Real Estate Report

July Snap shot 27th 2019 Month to Month Sales - The Woodlands copyWOW lots of information about how homes are selling in The Woodlands, Texas.

Call me (281-467-4691)  I would love to help you with your real estate needs so you to…

LIVE LIFE TO THE FULLEST,
Scott Culberson, Broker Associate, Better Homes and Gardens Real Estate Gary Greene
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REAL ESTATE PROFESSIONAL CLASS

Are you a real estate professional that wants to engage and inspire past, present and future clients to utilize  your services?  Attend my classCREATING MOMENTS FOR BUYERS AND SELLERS July 18th.  See below flyer for details:
flyer_photo

Make sure you RSVP (see flyer for instructions)  I look forward to seeing you there.

Real Estate Instructor Scott Culberson.com

Real Estate Instructor Scott Culberson.com