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2023 Q1 Summary Review of Rented Properties
Q1 YoY Units Rented
Median units rented decreased by -4%. The foregoing derived from the low inventory for rent.
| The Woodlands | 2022 | Jan | 131 |
| Feb | 114 | ||
| Mar | 124 | ||
| 2023 | Jan | 106 | |
| Feb | 124 | ||
| Mar | 117 |
Q1 YoY Median Price Rented
The Median price of Rental properties increased by 3%
| The Woodlands | 2022 | Jan | $2,250 |
| Feb | $2,425 | ||
| Mar | $2,475 | ||
| 2023 | Jan | $2,600 | |
| Feb | $2,375 | ||
| Mar | $2,400 |
Q1 YoY Total Value Rented
Total value rented was reduced by -4%
| The Woodlands | 2022 | Jan | $358,226 |
| Feb | $317,989 | ||
| Mar | $348,645 | ||
| 2023 | Jan | $332,879 | |
| Feb | $335,372 | ||
| Mar | $313,969 |
Q1 YoY $/Sqft Rented
Rental price per square foot. remains stable at the same levels as last year.
| The Woodlands | 2022 | Jan | $1.21 |
| Feb | $1.19 | ||
| Mar | $1.19 | ||
| 2023 | Jan | $1.21 | |
| Feb | $1.19 | ||
| Mar | $1.25 |
The information contained, and the opinions expressed, in this article are not intended to be construed as investment advice. The Grijalva Group, LLC. does not guarantee or warrant the accuracy or completeness of the information or opinions contained herein. Nothing herein should be construed as investment advice. You should always conduct your own research and due diligence and obtain professional advice before making any investment decision. The Grijalva Group LLC. will not be liable for any loss or damage caused by your reliance on the information or opinions contained herein.