The Woodlands Housing Market Shortage

Posted by Janet Owens on Sunday, February 10th, 2013 at 9:32am.

Homes in The Woodlands are selling at an incredibly fast pace.  The average months of inventory is just 1.7 months, based on the past 12 months of sales activity.  With just 219 homes currently listed for sale, The Woodlands housing market has reached what many consider to be a housing shortage. 

Visit The Woodlands Home Finder Center and you'll see steady stream of people coming in to find out more about the area.  It seems like everyone moving to the Montgomery County area wants to live in The Woodlands.

I'm finding that the buyer's attitude has changed somewhat over the years.  In the past, buyers were looking for a home that needed a little work or minor cosmetic changes.  They wanted to put in "sweat equity" to add value to their investment.  Now however, buyers want a home that is move-in ready.  They're not interested in spending time and money to fix things. 

It's not unusual to see homes that are updated and staged well go under contract within days of being offered for sale, and many with multiple offers.  If you are considering selling your Woodlands home, it's important to find a Realtor® that not only knows and understands the market but also works with you to help you get your home ready to be listed for sale.  Selling your home in as short amount of time possible for the most money possible is my goal!

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