months supply of inventory july 2011

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July sales in the Woodlands have brought the Residential inventory down.Better news for Sellers.

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Page 1: Months supply of inventory July 2011

Page 1 9000 Forest Crossing The Woodlands, Texas 77381 Office: 281.367.3531 or 800.932.7253

The Woodlands Texas Real Estate Report Months Supply Of “For Sale” Listing Inventory – August 8th, 2011

While mulling over these inventory numbers, keep in mind these figures represent big averages across The Woodlands. Real estate is hyper local in nature and market conditions for your specific property, in your specific neighborhood, may be different that the big average you see below. To find out, contact us (281-367-353) and we can provide you with an up to the minute, on-target, Months Supply Of Inventory report. We don’t charge for this service, so give us a call and we’ll send you your free report – pronto.

August 8th, 2011 – Months Supply Of For Sale Listing Inventory – The Woodlands TX PRICE RANGE. . . . . . MONTHS SUPPLY OF LISTING INVENTORY $000,000 – $200,000 . . . . . . . . . . . . . . . . . . . . 4.3 $200,001 – $300,000 . . . . . . . . . . . . . . . . . . . . 5.4 $300,001 – $400,000 . . . . . . . . . . . . . . . . . . . . 4.7 $400,001 – $500,000 . . . . . . . . . . . . . . . . . . . . 4.2 $500,001 – $600,000 . . . . . . . . . . . . . . . . . . . . 4.8 $600,001 – $700,000 . . . . . . . . . . . . . . . . . . . . 6.3 $700,001 – $800,000 . . . . . . . . . . . . . . . . . . . . 8.4 $800,001 – $900,000 . . . . . . . . . . . . . . . . . . . . 15.2 $900,001 – $1,000,000 . . . . . . . . . . . . . . . . . . . 7.6 $1,000,001+ . . . . . . . . . . . . . . . . . . . . . . . . . . . 16.3 Is it a Buyer’s Market or a Seller’s Market? According to real estate economists, 6 months supply of For Sale Inventory represents a balanced market. A higher number means it’s leaning towards a buyer’s market, less than six months, would indicate a seller’s market.

As we enter the summer selling season, For Sale Inventory begins to rise along with buyer activity. If you’re thinking of selling, keep in mind the keys to salability and competitive positioning is merchandising (staging), marketing and pricing. Correctly tweak and amplify these three factors and you’ll be one of the successful sellers attracting a qualified buyer. Ignore one, two, or three of these salability factors and the property will languish.

Keep in mind, this snapshot provides a broad and general overview, what is happening in your neighborhood could very well be different. As I shared earlier, if you’d like a free and up to the minute Market Analysis for your property and neighborhood just let me know.

Thanks.