Month of July, The Woodlands
Homes are Selling in 33 Days in The Woodlands
In The Woodlands, the average time it takes to sell a home is currently 33 days. This metric reflects a competitive and dynamic real estate market where properties are moving relatively quickly. Buyers and sellers should be prepared for a brisk pace, and effective strategies for pricing and presentation can make a significant difference in achieving a successful sale within this timeframe.
Price Reduction: 33% Month-over-Month
In The Woodlands, there has been a notable 33% increase in the number of homes with price reductions compared to the previous month. This significant rise indicates that sellers may be adjusting their pricing strategies in response to market conditions, aiming to attract buyers and facilitate sales.
5,023 Homes on the Market
The Woodlands currently has 5,023 homes available for sale, reflecting a robust and diverse real estate market. With this substantial inventory, buyers have a wide range of options to choose from, catering to various preferences and budgets.
1,737 Under Contract
In The Woodlands, 1,737 homes have just gone under contract, indicating a strong and active market. This high number of pending sales suggests that despite the competitive environment, properties are moving quickly and buyers are actively engaging in the market.
Median Listing Price in The Woodlands is $400,000
If you're considering a move, the median listing price for homes in The Woodlands is currently $400,000. This price point provides a snapshot of the market, helping buyers and sellers gauge the current real estate landscape in the area.
Since every property is different, please reach out for your own personal equity report.
Frank Ortiz
Your North Houston REALTOR
832-948-6060
[email protected]
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