Jill Wente, Realtor® with BHG Gary Greene, CRS, MCNE, 11x Houston Five Star Real Estate Agent - (281) 804-8626

November 28, 2023
Spring Texas housing market - November 2023

Spring Texas Real Estate Market Report November 27, 2023

Spring Texas home sales saw a steep decline in the number of home sales due to a shorten Thanksgiving work week. Months of inventory remains stagnant at 2.6 months. Low inventory is keeping housing prices elevated. High mortgage interest rates and seasonality has reduced buyer demand. Buyers if you are […]
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November 20, 2023
Spring Texas housing market

Spring Texas Real Estate Market Report November 20, 2023

Spring Texas home sellers are willing to negotiate. Average sales price to list price drops to 97%. If you’ve been waiting to buy a home until you get a deal, now’s the time to buy. 13.5% of Spring Texas home sellers decreased their list price last week. The holidays have […]
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November 13, 2023
SPRING TEXAS HOUSING MARKET

Spring Texas Real Estate Market Report November 13, 2023

Last week’s dip in the 30 year mortgage interest rate had no impact on the Spring Texas real estate market. Total number of homes available for sale remain unchanged. Months of inventory of 2.6 remains unchanged from last week. New listings declined 19%. Seasonality has come into play. Homeowners are […]
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November 7, 2023
Spring Texas housing market

Spring Texas Real Estate Market Report November 6, 2023

The Spring Texas real estate market climbed to the highest months of inventory in 2023. After starting out the year at 1.5 months, months of inventory has now risen to 2.6 months. Six months of inventory is considered a balanced market. Less than six months of inventory is considered a […]
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October 24, 2023
Spring Texas housing market

Spring Texas Real Estate Market Report: October 23 2023

The Spring Texas real estate market climbs to 2.5 months of inventory. Higher interest rates have weaken demand resulting in fewer home sales and an increase in months of inventory. Months of inventory is amount of time it would take for all homes currently on the market to sell based […]
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October 11, 2023
Spring Texas homes for sale

3607 Broken Elm Dr Spring Texas 77388

Discover 3607 Broken Elm Dr in Spring Texas where convenience, tranquility, beauty, organization and energy efficiency all come together. Just a short drive from I45, grocery stores, and restaurants brings you to the quiet, tree-lined neighborhood of Cypresswood and this lovingly cared and move-in ready 2 story home. OPEN HOUSE: […]
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October 10, 2023
Spring Texas housing market

Spring Texas Real Estate Market Report October 9, 2023

Although climbing to 2.4 months, the Spring Texas real estate market remains a sellers market. Six months of inventory is considered a balanced market. Less than six months of inventory is a sellers market and more than six months of inventory is a buyers market. Nationwide 96% of homeowners have […]
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September 21, 2023
Spring Texas housing market September

Spring Texas Real Estate Market Report September 18 2023

Higher mortgage interest rates has dampened homebuyer demand causing Spring Texas homes to sit on the market longer and for months of inventory to grow. With 92% of mortgage holders with interest rates below 6%, buyers are disincentivized to move. Move-up buyers are missing from the year of 2023. The […]
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