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The Woodlands and Magnolia Market Report - Great News!

By
Real Estate Agent with Keller Williams Realty The Woodlands

Magnolia Area Real Estate Market Report July 2012

The market in The Woodlands is really great right now!  Both homes with pools and without pools are selling well, but if you have a pool you are in a SELLER'S MARKET.  Inventory is down this year over last year by almost 25%.  If you are on the market and haven't sold your home in around 60 days, then take a look at the price or condition. Look at those comments buyers are saying when looking at your home.  There were 660 homes that sold last month in The Woodlands. It is either price or condition of a property holding it back from selling, so take a good honest look and listen to your Realtor.  It is the market that sets the right pricing of a home to sell.

Magnolia's market is not as strong as The Woodlands, but homes are selling and that would be 602 of them.  There are almost as many buyers purchasing in the Magnolia area, but there is a lot more inventory making it a BUYER'S MARKET. 

Call me if you have any questions or are thinking about buying or selling your home or if you know of anyone that is thinking about buying or selling their home.  I am never too busy for any of your referrals!

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