The real estate market in The Woodlands, Texas is extremely busy. As new businesses continue to bring in hundreds of new employees, the demand for housing has increased! If you are a Seller and don't need to stay in the area, kuddos to you! If you are a buyer however, buckle up! Finding a home is a bumpy ride and you need to be super prepared!
Here we are in September of 2014 and the Village of Creekside Park here in The Woodlands is a super hot market. Here are the numbers:
20 ACTIVE homes on the market ~ Average price per square foot is $157.90
Active homes range in price from $315,000 to $1,116,735
Here is an Active home on the market in Creekside.
8 PENDING homes on the market ~ Average price per square foot is $151.31
Pending homes range in price from $350,000 to $980,000
Here is a Pending home in Creekside.
50 SOLD homes in the last 6 months! Average price per square foot is $139.51
Prices range from $256,500 - $960,000
For the Sold homes data, the average Days On Market was a mere 35 days!
Additionally, the list to sell price ratio averages at 98%!
This home has been sold in Creekside.
When you see a LOT more homes that have sold than are Active, it is truly a Seller's market. A buyer needs to be prepared to come to the table ready to submit an offer. You need to Pre-Approved and have your letter in hand, know what your budget is, be prepared to go through submitting many offers as homes go very quickly and don't get attached to a home until you have it through the Option Period.
The Woodlands is a great community and lots of people are coming here. If you want to be successful in finding the perfect home, find a competent agent who knows and works this area! Chevaux Group is poised and prepared to help you find that perfect home! We know The Woodlands! Give us a call today!