HOUSTON AREA EXPERIENCING INCREDIBLE SALES ~ MAY 2012 MARKET REPORT

By
Real Estate Broker/Owner with Beam & Branch Realty TREC #547752

HOUSTON AREA EXPERIENCING INCREDIBLE SALES ~ MAY 2012 MARKET REPORT

 

 

The Woodlands as well as the entire Houston area are on fire right now in the housing market.  The numbers are in and May was truly a record breaking month.  Sales are booming and the available inventory is shrinking before our eyes.

All indicators support this increase as sustainable as the local economy continues to be strong and our employments rates remain high.  New companies continue to relocate here bringing a continual stream of new home buyers.  Builders and developers are scrambling to keep up with the demand.

Some of the highlights for the month of May include: (all data compiled by the Houston Association of Realtors and is comparable to May 2011)

    • Total property sales increased 24.2%
 
    • Total dollar volume soared to 35.4%
 
    • Active listings dropped to 18.1%
 
    • Available months inventory dropped to 5.5 or -30.6%
 

Clearly the market is strong. We are seeing the days on market shrinking and experiencing multiple offer situations daily.  It is a good time to be in the Houston and The Woodlands area!

Now is a great time to list your home!  Chevaux Group knows The Woodlands and surrounding areas.  Being in the area for 27+ years gives us the advantage you need to in the current real estate market.  We look forward to assisting you with all of your real estate needs!

Posted by

Beam & Branch Realty       

"Have you fully lived today?"

   Paula L. McDonald ~ REALTOR®, 

        Granbury, Texas 

 936-203-0279 Direct

Selling Hood County and surrounding areas!

PaulaMac59@gmail.com 

      CNE

Houzz      

 John Maxwell

Farm & Ranch

 


          ABR                 Institute for Luxury Marketing                Institute for Luxury Home Marketing

 

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Copyright 2020 Paula McDonald

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Topic:
Real Estate Market Trends
Location:
Texas Montgomery County The Woodlands
Groups:
Texas Real Estate
The Woodlands Real Estate
MONTGOMERY COUNTY TEXAS
Tags:
real estate market
the woodlands
houston association of realtors
chevaux group

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Joni Bailey
101 Main St. Realty - Huntsville, TX
Your Huntsville / Lake Livingston Area REALTOR®

Paula: This is excellent information for TEXANS and especially The Woodlands!! Woo Hoo!!

Jun 19, 2012 10:51 PM #1
Rainmaker
1,133,464
Paula McDonald ~ GRI
Beam & Branch Realty - Granbury, TX
Granbury, TX 936-203-0279

Thanks Joni. I hear your area is doing very well too.  Glad to see it picking up all over.

Mar 11, 2013 11:58 PM #2
Rainmaker
1,133,464
Paula McDonald ~ GRI
Beam & Branch Realty - Granbury, TX
Granbury, TX 936-203-0279

2013 is seeing really big numbers.  What a difference a year can make.  We are excited here in The Woodlands.

Mar 12, 2013 12:27 AM #3
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Rainmaker
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Paula McDonald ~ GRI

Granbury, TX 936-203-0279
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