The Woodlands Real Estate Market Update October 2021

The Woodlands Real Estate Market Update

SALES UP 22%

INVENTORY DOWN 60%

OCTOBER 2021

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 832-938-0411 • team@pointrealestate.us • www.PointRealEstate.us