The housing market across Greater Houston continued to soar during the third quarter. While inventory levels are still low, they’re improving as the market appears to be leveling out over time. Refer to the stats below to see how The Woodlands market closed out the third quarter of 2021!
- Q3 2020 Number of Sales: 833
- Q3 2021 Number of Sales: 840
- Percent Change: +0.8%
- Q3 2020 Median Sales Price: $397K
- Q3 2021 Median Sales Price: $453K
- Percent Change: +14.2%
- Q3 2020 Average Days to Sell: 42
- Q3 2021 Average Days to Sell: 18
- Percent Change: -57.1%
What The Numbers Mean
Compared to this time last year, the number of sales in The Woodlands is only marginally higher. However, the median sales price has increased while the average days to sell has dropped sharply—proving that although buyers are gaining more power, we’re still in a seller’s market.
If you have any questions about the information above, please reach out to us! We would love to guide you through your real estate journey.