The Woodlands Real Estate Market Report - Thing are better than you thought.

Activity is brisk, attitudes are improving, buyers are shopping and researching, mortgage rates are ridiculously low, purchase power is giraffe high and Spring and Summer looks attractive. Here's the low down.

The Woodlands Market Report - Whats Hot, Whos Not. April 6th, 2009
by KEN BRAND on APRIL 7, 2009

Last week I shared a bit of real estate feet on the street, seat of the pantsreal estate market activity rundown.

Bottom line; values are holding steady, sales are heating up and mortgage rates are insanely low. You can watch the video HERE.

I promised a big fat collection of staistical data. Youll find in below. Heres a short recap.

The Woodlands, Texas - Houston Association of Realtor, MLS data / Residential Sold Closings 1/1/09 - 4/6/09

Median Sold Price, March 2009 = $240,000 / UP 7% Compared to March 2007

Average Sold Price, March 2009 = $312,102 / UP 5% Compared to March 2007

Properties Under Contract March 31st, 2009 = 197 / Down 19% Compared to March 2007

Average Days On Market March 2009 = 69 Days / 52 Days in March 2007

Months Supply Of For Sale Inventory = 4.5 Months Supply

Closed Listing Dollar Volume Sold 1/1/09 - 4/6/09 - Properties Over $250,000 = # 1 Market Share -Prudential Gary Greene, Realtors / 25.42% Market Share

Closed Listing Dollar Volume Sold 1/1/09 - 4/6/09 - Properties Over $500,000 = # 1 Market Share -Prudential Gary Greene, Realtors / 33.67% Market Share

Closed Listing Dollar Volume Sold 1/1/09 - 4/6/09 - Properties Over $750,000 = # 1 Market Share -Prudential Gary Greene, Realtors / 46.92% Market Share

Any questions, feel free to give me a call: 832-797-1779.

Here's the link if you'd like view the 16 Page Market Study.

http://budurl.com/WoodlandsMktRptApr06

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