Yesterday, I was speaking with a good friend of mine, our daughters attend the same elementary school, and we often host playdates/sleepovers/etc. for the girls, well, we were talking real estate, he is a lender, and he brought up the city of Shenandoah yesterday. It haven't ever pulled the numbers for Shenandoah, so I thought today's market update would be the perfect time!
As you can see above, the “months of supply” in Shenandoah is quite high, this is due to the amount of listings and the average amount of homes selling her month. So there are currently 40 homes active on the market, with an additional 9 pending, that should close before the end of the year. But the good news, is an assumption I am going to make. I assume that the 2017 activity (sold homes in the year) will surpass the 48 homes that were sol in 2016, so that is awesome!
Next is my favorite graph, the scattergram. This helps you visualize the pricing. I have included the last year of data and all the homes currently on the market..
From a quick glance, it appears that most of the properties currently on the market are above the line, but this graph doesn't take into consideration the age of the home or the condition. But it still gives you an estimate of what you could expect to sell or purchase a home for in the area when comparing the square feet to price.
If you would like some more specific data, please reach out to me. 🙂
We are so happy you found our little corner of the interwebs. We look forward to y'all reaching out to us. We love to answer questions and welcome them. Recently we created some local maps, and you can download those by clicking the image/link above. Below, you will find an index of some very helpful information to assist you in learning more about the Houston suburbs. If you are relocating to our neck of the woods, we hope you reach out to us, because we would love to help you by being your local realtor and friend. Hugs, Jo.
Thoughtfully written for you by Jordan and the Jo & Co. Team.
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If you are overwhelmed..
Now if you are feeling overwhelmed on where you should plant your roots, I would love to talk to you. You can schedule a call with me by click this link: http://byjoandco.com/call or just send us an email: [email protected]. There are some amazing communities all over the Houston suburbs. In this post, https://search.byjoandco.com/blog/best-neighborhoods-in-houston/, I deep dive into all the different suburbs/neighborhoods that you might want to consider, and why. There are many resources here, so please reach out if you are curious what to look at next! Thank you for trusting us.
Links to check out..
➟ Our YouTube Channel :: http://byjoandco.com/youtube
➟ How do property taxes work in Texas? :: http://byjoandco.com/propertytaxesintexas
➟ Things to do in The Woodlands :: http://byjoandco.com/inthewoodlands
➟ Safest Neighborhoods in Houston :: http://byjoandco.com/safesthouston
➟ Best Neighborhoods in Houston :: http://byjoandco.com/bestneighborhoods
➟ Houston Texas Where to Live :: http://byjoandco.com/houstontexaswheretolive
➟ First Time Texas Home Buyer :: http://byjoandco.com/firsttimetexasbuyer
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At Jo & Co. we know that most people struggle with the home buying or selling experience. We are a brokerage, real people, that do more for you, by being with you every step of the way, so that you plant your roots in the right soil. One way that we go above and beyond is with the content we share on YouTube. Click the photo below to explore our channel.