The Woodlands 2005
As the latest market report chart indicates, we are still in a Seller’s market although 100 new listings were added to the inventory between December 1, 2005 and January 4, 2006.
Real Estate economists believe that 6 months of available inventory is considered a balanced real estate market. Our monthly market research reveals that current “For Sale” inventory is 3.1 months of inventory.
Active Listing Inventory in The Woodlands = Down 30.6% compared to January 4, 2005. (January 2006 = 674 Active Listings / January 2005 = 994 Listings)
The number of SOLD single family properties in 2005 = 2,600…the highest total ever! UP + 19.37% compared to 2004 totals. (2005 = 2,600 Listings SOLD / 2004 = 2,178 Listings SOLD)
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