Real Estate Solutions of Texas | Perspective

Real Estate Investing - an active Investors perspective.

Sunday, July 26, 2009

The Woodlands Rental Market June 2009 Stats

How is the rental market in The Woodlands? A common question asked of me by investors and owners of residential lease property. Let's take a look at Lease Sales Statistics of The Woodlands Rental Market for June 2009.

The charts below focused on single family homes and town homes/condos leased during June 1 to June 30 2009. Properties were grouped by number of bedrooms (2 or more) and sub-grouped by the year the home was built. Data used was provided by the Houston Association of Realtors.

Charts 1a and 1b show the average lease price of properties sold in June 2009.

Chart 1a. Average Single Family Home Lease Price

Chart 1b. Average Town Home Condo Lease Price

Chart 2a and 2b shows the number of leases closed (sold).

Chart 2a. # of Single Family Homes Leased

Chart 2a. # of Town Homes Condos Leased

Chart 3a and 3b shows the Average Days On Market of leases closed.

Chart 3a. Avg. DOM Single Family Homes Leased

Chart 3b. Avg. DOM Town Homes Condos Leased

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