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Market Data - Conroe MLS area 19

Here is the market data for the first six months of 2009 for MLS area 19 in Montgomery County. MLS area 19 includes the City of Conroe and its' immediate area. As with MLS area 15 I have compared the numbers for 2007, 2008 and 2009. The numbers are not pretty. In fact some of you may even call them down right ugly. I will not say that I disagree.

What do the numbers show? The numbers show that it is time to buy, buy, buy and buy some more. With prices down and listings down I do not believe that you will find a better time to buy. If you add in to this equation the $8,000 first time buyers tax credit and the recession ending ( according to many top notch economists) I do not believe that you will find a better market in which to purchase a home. Here are the numbers:

	MLS Area 19 City of Conroe and the immediate area.
	YTD SFR	Average	Median	Active		Months
	Unit Sales	Price	Price	Listings	DOM	Inv
MLS 19 '07	610	$138,235	$115,000	596	72	5.8
MLS 19 '08	475	$132,019	$111,870	581	91	6.7
MLS 19 '09	335	$133,632	$107,250	456	95	6.5
07v09YTD+/-	(275)	($4,603)	($7,750)	(140)	23	0.7
07v09YTD+/-%	-45.08%	-3.33%	-6.74%	-23.49%	31.94%	12.07%
08vs09YTD+/-	(140)	$1,613	($4,620)	(125)	4	(0.20)

08v09YTD+/-%	-29.47%	1.22%	-4.13%	-21.51%	4.40%	-2.99%

Please do not hesitate to buy. Call your realtor today and take advantage of this soon to be over down market.

If you have any questions please do not hesitate to shot me an email.

Thanks and have a great day!!

Ron

PS Hopefully the chart fits correctly this time.

Posted by Ron Wickes on 08/17/2009 09:59 AM

Comments (2)

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2 Comments on Market Data - Conroe MLS area 19

AUG

This is a great chart. Easy to read and understand. Hopefully, buyers will understand this is the best market to Buy in their lifetime.

Ron,

Compared to the rest of the country it is not looking that bad in Montgomery county.

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