Spring Texas Real Estate Market Reports

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 […]

Even with mortgage rate increases homebuyers are still out pursuing the American dream of homeownership. The number of Spring Texas homes under contract jumped 8% over the last week. Total listings and months of inventory are relatively unchanged from last week. The Spring Texas real estate market is a sellers […]

Months of inventory for the Spring Texas real estate market jumps 6%. It’s the first increase in months of inventory in over a month. Months of inventory came in at 1.7 months. Yes, it was an increase but don’t lose sight of the fact that we are still firmly in […]

Low listing inventory keeps the Spring Texas real estate market firmly in a sellers market with only 1.6 months of inventory as listing inventory constricts further with a 1.8% decrease. Price decreases continue as sellers are still grappling with the normalization of the Spring housing market. The jump in mortgage […]

Even with a 24% decrease in new listings, inventory of total active listings is relatively unchanged from last week. Fewer Spring homes going under contract is keeping inventory unchanged. The jump in mortgage interest rates to the high 6 – low 7 percent range has moved buyers to the sidelines. […]

Latest data on the Spring Texas housing market shows sellers adjusting to market conditions with 129 listings taking price reductions in the last week. Buyers have more selection with 756 active homes to choose from. With only 1.6 months of inventory sellers are still firmly in control of the market.  […]

What’s going on with the Spring Texas Real Estate market? Is it up? Is it down? Is this a good time to buy? Is it a good time to sell? We are taking a deep look into what’s going on in the real estate market in Spring Texas. Real estate […]

What a year!  2014 was the best residential real estate year in the history of Spring Texas. Single family home sales were UP. Home prices were UP. Sales price per square foot was UP. Sales Price to List Price was UP. Average Days on Market was DOWN. Months of Inventory was […]

How’s the Spring Texas real estate market? The housing market experienced another strong month. Home sales were up 18% over last August and 11% YTD.  The demand for housing continues to drive prices upward. Listing inventory dropped back down to 3 months. Multiple offers are becoming the norm and homes are quickly going under contract. […]