I finally got the June sales numbers. I know it's August and they are a little late. I apologize but it really wasn't my fault. HAR.COM was having some problems with the recent Tempo upgrades. As usual no software change is a good thing when it is initially made. I hope I get used to the new Tempo.
The numbers are not pretty.
That is a not pretty fish! I have placed the numbers I consider bad in RED. There are unfortunately a large number of them. But when I look at them I remember what a mortgage banker I respect told me. She told me that the subprime market was a little in excess of 20% in our area. Guess what? We are not down 20%, we are close, but we are not down the full 20%. So I think what we have to do is get our courage back, our credit scores up and go shop for a new home. Here are the numbers. Drop me an email and let me know what you think please. I also put a real estate joke at the end. I figured your might need some humor after looking at the numbers.
Single Family Residence sales June, 2008 vs June, 2007
Single Family Residence Sales (Units)
MLS Area
2008
% +/-
2007
15 (The Woodlands & West)
417
-15.93%
496
19 (Conroe)
74
-30.84%
107
39 (Montgomery, Willis)
131
-5.07%
138
40 (East County)
36
-44.62%
65
Total County
658
806
% +/-
-18.36%
Single Family Active Listings end of month
MLS Area
2008
% +/-
2007
15 (The Woodlands & West)
1,898
1.77%
1,865
19 (Conroe)
619
1.98%
607
39 (Montgomery, Willis)
1,034
-4.08%
1,078
40 (East County)
343
1.18%
339
Total County
3,894
3,889
% +/-
0.13%
Average Sales Price
MLS Area
2008
% +/-
2007
15 (The Woodlands & West)
$304,065
5.47%
$288,296
19 (Conroe)
$144,483
-1.05%
$146,009
39 (Montgomery, Willis)
$273,579
15.59%
$236,674
40 (East County)
$140,211
-9.03%
$154,135
Average Days on the Market
MLS Area
2008
% +/-
2007
15 (The Woodlands & West)
72
9.09%
66
19 (Conroe)
89
39.06%
64
39 (Montgomery, Willis)
93
-11.43%
105
40 (East County)
105
59.09%
66
Single Family Residence Sales - YTD
MLS Area
2008
% +/-
2007
15 (The Woodlands & West)
1,858
-15.97%
2,211
19 (Conroe)
475
-22.13%
610
39 (Montgomery, Willis)
605
-20.92%
765
40 (East County)
244
-17.29%
295
Total County
3,182
3,881
% +/-
-18.01%
There is no longer a need for the neutron bomb. We already have something that destroys people and leaves buildings intact. It's called a mortgage.
