Spring Texas Real Estate Market Reports

January 23, 2023

Spring Texas Real Estate Market January 23, 2023

The dip in 30 year mortgage interest rates into the low 6s brought buyers out in droves last week. Spring Texas homes under contract jumped 23% due to increased buyer demand. Numerous Spring Texas Realtors reported an increase in Open House attendance. Is the summer selling season starting early? New listings dropped 28% week over […]
January 17, 2023

Spring Texas Real Estate Market Report January 16, 2023

New listings added to the Spring Texas real estate market catapulted 32% last week. The holidays are over and homeowners have put their moving plans into action. Buyers snatched up the new homes on the market skyrocketing the homes under contract by 34%.  But not all of the new listings were absorbed by buyers increasing […]
January 10, 2023

Spring Texas Real Estate Market Report January 9, 2023

2023 is starting off as anticipated with a 58% surge in new listings week over week. As soon as the holidays are over, new listings get added to the Spring Texas real estate market in droves. But even with the increase in new listings total listings remains at a low of 1.5 months of inventory. […]
January 2, 2023

Spring Texas Real Estate Market Report January 2, 2023

The Spring Texas Real Estate market closes out the year with a drop in months of inventory to 1.5 months. If it feels like there are fewer homes on the market, you are right. Total available homes for sale are at 625. The number of homes receiving price decreases last week cratered to 18.  Sellers […]
December 19, 2022

Spring Texas Real Estate Market Report December 19 2022

Spring Texas Real Estate Market dips to lowest inventory level in 10 weeks. The number of available homes for sale dropped to below 700 with months of inventory at a paltry 1.6 months. Fewer homes are typically available for sale during the months of November and December. Homeowners do not want to be bothered with […]
December 12, 2022

Spring Texas Real Estate Market Report December 12 2022

Market seasonality as returned. The Spring Texas real estate market registered declines in new listings, price decreases, homes under contract, and homes sold over the last week. No surprise in the declines as the real estate market for the last two years was an anomaly. Every month was fast and furious.  We are officially in […]
December 5, 2022

Spring Texas Real Estate Market Report December 5 2022

Home sales skyrocketed by 113% week over week. No, the Spring Texas real estate market is not out of control. The prior week had fewer home sales recorded because lenders and title companies were closed 2 days for the Thanksgiving holiday week New listings shot up 123% week over week. The Thanksgiving holiday was the […]
November 28, 2022

Spring Texas Real Estate Market Report November 28, 2022

Home sales plunge 52% week over week. What happened to the Spring Texas real estate market? Has the market crashed? It’s ok. The market hasn’t crashed. Last week was a holiday week and fewer working days resulted in fewer home sales. New listings dropped 41%. Seasonality which has been missing from the Spring Texas real […]
November 25, 2022

Spring Texas Real Estate Market Report November 21, 2022

New listings hitting the Spring Texas real estate market drop by 32% due to holiday seasonality. Our real estate market typically sees fewer new listings between mid-November and the third week of December. The homeowners listing their houses during this timeframe have a defined new and timeframe to move. They are motivated sellers. 11% of […]