Spring Texas Real Estate Market Reports

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 […]

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 […]

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 […]

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 […]

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 […]

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 […]

The number of Spring Texas homes receiving a price decrease exploded to 32%. Seasonality coupled with sellers impatience caused the explosion in price decreases. Sellers with an end of year time frame felt the clock ticking and decreased their listing price. New listings hitting the Spring Texas real estate market jumped 13%. Sellers needs to […]

New listings hitting the Spring Texas real estate market jumped 6% week over week. Buyers absorbed the increased in new homes keeping the months of inventory at a low 1.8 months. The Spring Texas housing market is still firmly being controlled by the sellers. Increased mortgage rates and higher home prices have drastically dampened buyer […]

Higher monthly mortgage payments cools the Spring Texas real estate market. Pending home sales dropped 13% and home sales dropped 17% week over week. Home sales units is decreasing. Some buyers are taking a wait and see approach to the real estate market causing homes to stay on the market longer. Listing inventory showed no […]