The Woodlands, TX a shining star in real estate

According to Houston Association of Realtors (HAR.com) 2009 data, Houston's monthly inventory of single family homes decreased slightly from 6.1 to 6.0; national average is 7.0 months. 

According to the National Association of Realtors (NAR) Median Home Sales Price of Single Family Homes for Oct/Nov 2009:  Houston - $157,400 (National  -$173,100)

How about The Woodlands?
Month's on inventory = 4.5
The number of single family homes sold in 2009 = 1,899
Average sold price = $330,092
Average list price = $545,779

Average % of List Price = 95%

Average Days on Market = 109

What keeps this machine going?  Lawrence Yun, chief economist for NAR, attributes the continued boost in home sales to historically low interest rates as well as the extended and expanded homebuyer tax credit.  Buyers in the market today are fortunate to benefit from these incentives.

When you are ready to make a move, call Kayelin!
713-471-3689