Flea-sized mortgage rates have super sized buying power. Stock market rebound, thickened consumer confidence, positive TV reports are shoving activity forward. We expect a strong summer. Here’s some factoid support. The Median Sold Price for April 2009 was $251,000. In April of 2007 it was $235,000. The Median Sold Price is up 6.8%. Do you think it will go down? I don’t. Buy now. The Average Sold Price for April 2009 was $320,556. In April of 2007 it was $292,244. The Average Sold Price is up 9.7%. Will prices drop? I don’t believe so. On May 1st, 2009 the Months Supply Of ”For Sale” Listing Inventory for The Woodlands TX was a mere 3.9 months. Real Estate economists believe that 6 months of inventory represents balance. If 6 is balance, what is 3.9? It’s time to buy. The Average Number of Days On Market for Active listings is only 97 Days. In January it was 109. Homes are selling faster. The Average Number of Days on Market for Sold properties in April 2009 was only 73 days. That’s an awesome low number. Year To Date - Number One Market Share in closed dollar volume, listings sold - Properties Over $250,000 = Prudential Gary Greene, Realtors Year To Date - Number One Market Share in closed dollar volume, listings sold - Properties Over $5000,000 = Prudential Gary Greene, Realtors Year To Date - Number One Market Share in closed dollar volume, listings sold - Properties Over $750,000 = Prudential Gary Greene, Realtors If you’re the kinda person who likes to pour over the numbers, you can download the full collection here : The Woodlands Real Estate Market Report - April/May 2009 Any questions - give me a buzz: Ken Brand 832-797-1779The Woodlands Real Estate Market Report - April/May 2009
Real Estate Market Activity Report - The Woodlands TX, April/May 2009 / Prudential Gary Greene Realtors
The Woodlands TX Real Estate Market Report - April / May 2009
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