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Spring Texas Real Estate Market Reports Category

Spring TX Real Estate: Market Report April 2009

DiscoverSpringTexas.com

The latest MLS numbers for the Spring TX real estate market are out and April 2009 had the highest quantity of pended sales in a month dating back to before Hurricane Ike barreled through in September 2008. The average sales price for the month decreased by 14% to $154,804 but the decrease was not because home prices have declined. Instead the decline is attributable to merely a shift in the mix of the price ranges that are selling.  The higher price home buyers who have felt...Continue Reading!

Spring TX Real Estate: Market Report March 2009

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The latest MLS numbers for the Spring TX Real Estate market are in and all you have to do is look at the months of inventory of the various home price ranges to discover where the buyers are.    The months of inventory for homes priced between: $100,000 to $189,999 are 4.1 to 5.5 months $190,000 to $399,999 are 6.2 to 8.4 months $400,000 to $1 million+ are 10 to 22.8 months The stock market's impact on the investment portfolio of the over $400,000 home buyer has caused this...Continue Reading!

Spring TX Real Estate: Market Report February 2009

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The latest MLS numbers for the Spring TX Real Estate market have been released and the numbers have provided no real surprises. Buyers were just not in the home buying mood during the month as evidenced by 32% less sales versus the previous year.  The months of inventory in the over $500,000 price ranges are at 10+ months with a 40%+ decrease in sales over the previous year.  The stock market's continual downward direction has dried up home buyer activity at the upper price ranges...Continue Reading!

Spring TX Real Estate: Market Report January 2009

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If you think you are seeing fewer "For Sale" signs, you are right. In comparison to a year ago, the Spring TX Real Estate Market has seen a 30% drop in homes on the market and a 28% drop in new listings taken.  Our real estate market now has the lowest level of single-family homes on the market since 2007. Our months of inventory stands at 5.4 months which is almost a full month less than the 6.3 months of inventory in January 2008.  In comparison to South Florida's...Continue Reading!

Spring TX Real Estate: Market Report for 2008

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How did the Spring TX Real Estate Market fare for 2008?  If you listen to the national media you would believe that very few homes sold and the homes that did sell sold at garage sale prices.   But what the media reports on at the national level is not always reflective of what is going on in our local real estate market.  The truth according to our local MLS numbers for Area 13 (the majority of the area has a Spring TX mailing address)...Continue Reading!

Spring TX Real Estate: Market Report November 2008

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For the first time in all of 2008, the months of inventory dips below 6 months for the Spring TX real estate market. Six months is considered a balanced buyer and seller market. Up to this point in 2008, the buyers have been in control but the reduced months of inventory indicates a change in power is occurring.  Now homes are not flying off the market as quickly as gingerbread houses during the Holidays. But with fewer active listings on the market and low interest rates enticing...Continue Reading!

Spring TX Real Estate: Market Report October 2008

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How's the Spring TX real estate market fairing?  Is it getting better or is it getting worse? In a word "BETTER". Our months of inventory has decreased and is creeping closer to a balanced market at 6.2 months. According to the National Association of Realtors, nationally the real estate market has 10 months of inventory. Our Spring Texas real estate market has out-performed the national real estate market through out all of 2008 and it continues to do so.  Sales ?  -  12% decrease with 201...Continue Reading!

Spring TX Real Estate: Market Report September 2008

DiscoverSpringTexas.com

What's going on with the Spring TX real estate market?  Is it good, is it bad, is it time to sell, is it time to buy? Real estate is LOCAL and its fairing better in some cities than in others. The Long Beach CA real estate market is different than the Hoboken NJ real estate market which is different than the Houston TX market which is different than the Katy TX market which is different than the Spring TX real estate market. Anyway you get the picture....Continue Reading!

Spring TX Real Estate: Market Report July 2008

Spring TX Real Estate: Market Report July 2008 - What's going on with the Spring TX Real Estate Market? • Decrease in closed sales. The 2008 YTD closed sales for MLS area 13 was 1,629 which is a decrease of 14.6%. • Decrease in single-family median homes price of 1.8%. Even though the Spring Texas Real Estate market is experiencing a decrease in closed sales the GOOD NEWS is that our home prices are still remaining stable with only a small decrease...Continue Reading!

Spring TX Real Estate: Market Report June 2008

Spring TX Real Estate: Market Report June 2008 The YTD closed home sales through June 2008 for Area 13 which the majority of is considered Spring Texas were 1,361. A decrease of 15.6% compared to the 2007 YTD number. The quantity of active listings are 1,683 which is a measly 1.9% less than a year ago. The decrease in closed sales is greater than the decrease in active listings which has resulted in an increase in inventory over the prior year. The...Continue Reading!