WOW 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
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:
Make sure you RSVP (see flyer for instructions) I look forward to seeing you there.
Real Estate Instructor Scott Culberson.com
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Tagged moments, motivation, real estate, real estate agents, real estate education, real estate professional |
Buyer Activity & Sales UP | Inventory and Selection Is Excellent | Low-Low Mortgage Rates
Seller, buyer and agent
activity is brisk. Showings Appointments remain high. Open House visits and home buyer activity is strong. Inventory/Selection is excellent. New inventory tumbling onto the market fuels the accelerated buyer demand, especially in the
HOT price ranges below $600,000. We are experiencing an active and healthy real estate market.
Summer selling season will be strong and steady. Year To Date sales are UP 10.5 %.
May sales UP 13.3%. Average Under Contract List Price in March = $489,233 | Median Under Contract List Price = $399,900.
Well positioned listings are selling faster! Average Days On Market (DOM) for Under Contract Listings in May = 42 Days | Median DOM = 22 Days.
1 in 4 new listings went Under Contract in 7 days or less. 79/273 2 in 5 new listings went Under Contract in 31 days or less. 111/273
It’s a strong Seller’s Market below $600,000.
Average List Price = $827,772 | Median List Price = $530,000.
Average Number Of Days On Market (DOM) for Unsold Listings = 65 Days | Median DOM is 39 Days
Why is the market stronger than last year?
Our real estate market is
fueled by a bundle of positive external stimulus factors.
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).
Excellent mortgage rates, the lowest since February 2018.
All positive External Stimulus Factors are in place. Our real estate market is healthy and gaining strength.
Buyers. . .
buying conditions are excellent. It’s a
Buyer’s Market above $600,000, and a keenly competitive Seller’s Market below $500,000. When you find what you love,
move fast. Mortgage rates are at their
lowest in a year.
Sellers. . .
conditions are improved, one fact remains, half hearted selling-efforts will fall flat faced. 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.
I would love the opportunity to help you with your real estate needs. Email me at Scott@ScottCulberson.com —–STILL LOTS OF SELLING SEASON OUT THERE.
Scott Culberson, Broker Associate, Better Homes and Gardens Real Estate Gary Greene, Scott@ScottCulberson.com 281-467-4691