The Woodlands Texas Real Estate Market Update May 2022

The Woodlands Real Estate Market Update

SALES DOWN 34%

INVENTORY DOWN 40% MAY 2022

Presented by

Michele Flory

Month-To-Month Activity: Summary of All List Prices

More Details by List Price: www.MicheleFlory.com/Market-Reports/

Monthly Activity By List Price Ranges Charts Explanation Active Listings – Number of homes for sale monthly.

New Contracts Written – Number of executed contracts monthly. HAR status will change to Pending (P, PS, OP). 99% of contracts in our market close within 45 days.

Average Days On Market – Number of days from list date to executed contract date.

List Price vs Sale Price – Comparison of List price to price at closing.

The Woodlands 2021 YTD average is 99.7%.

Months Of Inventory – Number of current homes for sale divided by average number of sales in previous 12 months. Below six months is defined as a seller’s market. Over six months is defined as a buyer’s market. Six months is defined as a balanced market.

New Listings (Pie Chart) – Number of new homes for sale added to existing inventory.

Data Sources: Houston Association of Realtors (HAR)

To receive The Woodlands real estate market report for your home price range via monthly email, please send your name and email address to:

Kim@PointRealEstate.us

Point Real Estate • 2001 Timberloch • Suite 500 • The Woodlands • TX 77380 713.256.4998 • michele@MicheleFlory.com • www.MicheleFlory.com