The Woodlands Rental Market. Quarter 2 Stats

How is the rental market in The Woodlands? A common question asked of me by investors. Let's take a look at Lease Sales Statistics of The Woodlands Rental Market for Quarter 2, 2008.

The charts below focused on single family homes leased during April 1 to June 30 2008. Homes were grouped by number of bedrooms (3 or more) and sub-grouped by the year the home was built. Data used was provided by the Houston Association of Realtors.

Chart 1 shows the average lease price of properties leased during 2^nd Quarter 2008.

Chart 1. Average Lease Price

Chart 2 focuses on the number of leases closed during Qtr 2.

Chart 2. Leases Closed Qtr 2

Chart 3 focuses on the Average Days On Market of leases closed during Qtr 2.

Chart 3. Avg. DOM of Closed Leases