Local Realtors answer questions about trends and offer tips to homebuyers and sellers considering buying or selling a home in or around The Woodlands.
[gallery ids="382503,382505"]How have home sales and inventory trended recently in The Woodlands? The sales across the board have been slightly more than 2017, except on the peripheries [below $250,000 and above $1 million], and days on market has been less at every price point. So homes are selling quicker without as many sales, meaning there’s [less] inventory as well.
What parts of The Woodlands are experiencing the most residential growth, and why might that be? East Shore is continuing to grow, Creekside has a ton of commercial retail coming. ... The only new construction other than that Creekside area is May Valley in the back, which is still finishing out. It’s not been exploding with growth, but they are selling.
Is this a good time to sell? If you’re thinking about selling anytime in the next couple years, you need to do it now. We’ve got our highest prices that we’ve had since early 2015; sales are still good. This spring, it’s going to be a great time to sell; next spring, it’s likely not. It’s a question mark. This market will drop. We are looking at going into a shifting market, and we’re already looking at it.
