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The Woodlands housing market is highly competitive, with homes typically receiving an average of three offers and selling within approximately 22 days. Last month, the median sale price in The Woodlands reached $565K, reflecting a 6.7% increase from the previous year. Additionally, the median sale price per square foot rose by 8.1%, reaching $220, indicating strong demand and rising property values in the area.
Median Sale Price
Median Sale Price per Sq. Ft.
Total Homes Sold
Median Days on Market
In October 2024, home prices in The Woodlands saw a notable increase, with the median price rising 6.7% year-over-year to $565K. Homes spent an average of 22 days on the market, slightly longer than the 13 days recorded last year, suggesting a slight cooling in the pace of sales despite the rising demand. The total number of homes sold jumped significantly, with 137 properties changing hands compared to 98 in October 2023. This combination of rising prices and increased sales volume highlights The Woodlands' strong appeal and continued growth as a highly desirable housing market.
The Woodlands housing market is highly competitive, with homes typically selling within 20 days. Many properties receive multiple offers, sometimes with waived contingencies, reflecting strong buyer interest. On average, homes sell for about 2% below the list price and go pending in around 20 days. However, hot homes, which are especially desirable or well-priced, often sell at or near the list price and go pending in as little as 6 days, highlighting the urgency for buyers to act quickly in this dynamic market.
In November 2024, The Woodlands, TX, was a buyer's market, indicating that the supply of homes exceeded buyer demand. This provides an excellent opportunity for buyers to explore a wider range of properties and potentially negotiate better terms and pricing. For sellers, it underscores the importance of competitive pricing and strategic marketing to attract interest in a market with abundant inventory.
Have questions about the housing market in The Woodlands or ready to explore your options? Our experienced team is here to help you every step of the way. Whether you’re looking for expert advice, personalized property recommendations, or want to schedule a showing, we’re ready to assist you in finding the perfect home. Reach out to us today and let’s turn your real estate goals into reality!
Explore the vibrant lifestyle and unique charm of The Woodlands with our comprehensive neighborhood guide. From market trends to local highlights, this guide has everything you need to find your perfect home in one of Texas's most sought-after communities. Start browsing now and uncover why The Woodlands is the ideal place to live, work, and play!
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