An Early Look a February Numbers The Woodlands, Texas

As February winds down we can start to look at how the numbers are shaking out here in The Woodlands, Texas.  Listing inventory is up this year with 281 listings versus last year’s 253 listings.  Contracts written in January were 65 this year with 68 last year.  So what type of market is The Woodlands, Texas in right now?  First let’s set the stage based off what real estate economist believe:

 

Less than six-month of For Sale Inventory= Seller’s market

Six Month Supply of For Sale Inventory=Balanced market

More than six-month of For Sale Inventory= Buyer’s market

 

Looking at all of The Woodlands the months of inventory is sitting at 4.5, so a seller’s market.  If you look at the price range $0-$500,000 you are looking at a seller’s market.  $501,000 and up is a buyer’s market.  Now that changes if we look at individual areas of The Woodlands or we look at it by sales price.  Real estate is local so while looking at these numbers can give some insight it is best to look specifically in your price range in your neighborhood.

 

Where can you get that information?  I’m glad you asked.  Shoot me an email at Scott@ScottCulberson.com.  I would love the opportunity to help you to…

 

Live Life to the Fullest!!!

I am Scott Culberson, Broker Associate with Better Homes and Gardens Gary Greene

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Week 1 52 Weeks in Magnolia, Texas at Visit to Unity Park

Magnolia, Texas is located about thirty miles Northwest of Houston, Texas and is growing at a nice country pace.  Just a couple of miles West of master planned The Woodlands, Texas

.  In 2010 Magnolia opened the first city park in….well…many years.  Partially funded by the Texas Parks and Wildlife Department, it is now open to the public. 

Sometimes you just need to get away from the hustle and bustle of the world around you.  Take a trip down FM 1488 and take a right on Cloyd Drive, a little further and you’ve made it to Magnolia Unity Park.  Native Texas trees and wildlife have been kept intact so you can enjoy the nature of Magnolia as God intended it.  Your find walking trails, picnic tables, sitting tree benches, nature view areas,  just to get things started.  Thirty acres of fun is waiting for you.  The young ones might enjoy the splash pad,  and playground, while the older ones might enjoy a game of horse shoes, sand volleyball or the skateboard park.  The park has something for everyone, including a huge covered pavilion with a kitchen and bathrooms.  This pavilion can be rented for your next family reunion, just contact the City of Magnolia.  On the back side of the pavilion is an amphitheater, perfect for the sounds of home town talent. I recently visited the park and took some video for you to have a look.  I hope you enjoy.

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A Realtors Perspective

This is the first post in what I hope to be a series that will not only continue for this year, but many years to come.  I plan on modeling the content as we travel week by week in the City of Magnolia.  That’s right 52 weeks of Magnolia, Texas.  Your feedback is encouraged.  What would you like to know about this small Texas town that you might call home?  I’ll put my spin on Magnolia and the things that I think you’ll enjoy, but I plan on this series being a blog of the people.  I look forward to you going on this adventure with me and I hope you enjoy the ride. Planned content will range from a written blog, videos, interviews, pictures and anything else I can think of.  This is part of my commitment to creating THE Real Estate Team 4 U.  I am never too busy for your referrals.

 

Live Life to the Fullest,

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S.C.