Seller’s Market up to $900,000. Strong Seller’s Market up to $500,000
August Listings Under Contract were UP 25.9% compared July 2018
Year To Date Listings Under Contract = UP 12.2%
Low-Low Mortgage Rates
1 in 4 new listings were placed Under Contract in 10 Days Or Less
2 in 5 new listings were placed Under Contract in 31 Days Or Less
Average Days On Market before placed Under Contract = 58 Days
Median Number Of Days On Market before placed Under Contract = 40 Days
Median List Price placed Under Contract = $387,000
Average List Price placed Under Contract = $549,000
Q. Why is the market UP 12.2% year-to-date compared to than last year?
A. Our real estate market is fueled by a bundle of positive external stimulus factors.
Positive economic growth.
Job growth and low unemployment.
Stable oil prices.
Positive consumer confidence.
Corporate-relocation moving people in and out (like an Exxon/Mobil).
Excellent mortgage rates in the historically low 3% range.
All positive External Stimulus Factors are in place. Our real estate market is healthy and gaining strength.
Buyers. . .
It’s a Seller’s Market below $900,000, keenly competitive for buyers below $500,000.
When you find what you love, move fast.
Mortgage rates are at their lowest in years = More Home, Lower Payments!
Sellers. . .
While market conditions below $900,000 are strong, no matter the price, one fact remains, half hearted selling-efforts will fall flat faced. This is especially true as we enter a Seasonal-Slower Fall and Winter.
Yes, December is an exciting month with Hanukah, Christmas and the New Year around the corner. And December is extra exciting to a couple that I just helped sell their home. The home is located in a suburb of The Woodlands. Congratulations to Rhonda and George for the sale of their home in Westwood. It has been my pleasure to be of service to you during every step of your home sale.
If you are in The Woodlands this Sunday, December 9th around the Sterling Ridge area and are looking for your happily ever after home this could be your lucky day. Drop by and visit me as I am hosting an open house for one of my partners, Cheri Young.
Sunday, December 9th 1:00pm to 4:00pm
82 S Longsford Circle, The Woodlands, Texas 77382
Tuscany style two story home, located on a corner Cul-du-sac, four bedrooms, three and a half bath, game room, resurfaced pool (2017) 3 car oversized garage, with a great little patio off the kitchen/dinning for vino. Let’s get started on this one, visit me this Sunday maybe I can help you to…
Live Life to the Fullest!!!
If you would like information about buying, selling or have any real estate needs Email me at: SCOTT@SCOTTCULBERSON.com. I look forward to helping you to… LIVE LIFE TO THE FULLEST Scott Culberson, Broker Associate, Better Homes and Gardens Real Estate Gary Greene.