The following information regarding months of inventory based on price is from the Houston Association of Realtors website Har.com.  This information is provided to you by Jeremy Williams of Keller Williams Realty NE located in Kingwood Texas.  To learn how your home fits in the current market contact Jeremy today at 281-387-7689.

Months of inventory estimates the number of months it will take to deplete the current inventory based on the prior 12 months of sales activity.  Based on the numbers below the strongest price range in the current market is homes priced $200,000 - $300,000 with 5.7 months of inventory.  Placing a close second is the homes priced $100,000 - $200,000.  Luxury homes have dipped slightly, but the overall months on inventory for Kingwood is holding steady at 6.2.

Kingwood Texas Homes priced $100,000 - $200,000
5.9 Months of Inventory
584 Sold Data - Previous 1 Year
$145,807 Average Sold Price - Previous 1 Year
288 Active Listings
$153,443 Average Active List Price

Kingwood Texas Homes Priced $200,000 - $300,000
5.7 Months of Inventory
266 Sold - Data Previous 1 Year
$239,404 Average Sold Price - Previous 1 Year
126 Active Listings
$246,370 Average Active List Price

Kingwood Texas Homes Priced $300,000 - $400,000
7.7 Months of Inventory
108 Sold Data - Previous 1 Year
$340,184 Average Sold Price - Previous 1 Year
69 Active Listings
$349,888 Average Active List Price

Kingwood Texas Homes Priced $400,000 +
9.7 Months of Inventory
99 Sold Data - Previous 1 Year
$501,129 Average Sold Price - Previous 1 Year
80 Active Listings
$612,974 Average Active List Price

Jeremy Williams of Keller Williams Realty NE serves the residents of northeast Houston including Fall Creek, Summerwood, Summer Lake Ranch, Walden on Lake Houston, Atasca Woods, Eagle Springs, Atascocita, Humble, and Kingwood.  For more information about the services provided to home buyers and home sellers in northeast Houston visit www.williams4yourhome.com.