Spring Texas Real Estate Market Reports

June 15, 2009

Spring TX Real Estate: Market Report May 2009

The latest MLS numbers for the Spring TX real estate market have been released and the months of inventory are showing a return to a balanced buyers and sellers market.  Last May our real estate market favored the buyers with 6.9 months of inventory.  We had plenty of homes for buyers to choose from and the buyers […]
May 14, 2009

Spring TX Real Estate: Market Report April 2009

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 […]
April 14, 2009

Spring TX Real Estate: Market Report March 2009

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 […]
March 15, 2009

Spring TX Real Estate: Market Report February 2009

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 […]
February 13, 2009

Spring TX Real Estate: Market Report January 2009

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 […]
January 21, 2009

Spring TX Real Estate: Market Report for 2008

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 […]
December 16, 2008

Spring TX Real Estate: Market Report November 2008

For the first time in all of 2008, the months of inventory dips below 6 months for the Spring Texas 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 […]
November 15, 2008

Spring TX Real Estate: Market Report October 2008

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 […]
October 10, 2008

Spring TX Real Estate: Market Report September 2008

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 […]