HOU ARCHIVED April 2017 | Page 12

Market Action Report April 2017
Community Information | School District
Market Action Report April 2017

County : Fort Bend

Price Range : All | Properties : SFH - Con
Trending versus *:
Trending versus *:
Market Profile & Trends Overview
Month
LM
L3M
PYM
LY
YTD
Prior YTD
Prior Year
Median List Price of all Current Listings
$ 359,900
3 %
3 %
Average List Price of all Current Listings
$ 426,008
1 %
4 %
April Median Sales Price
$ 283,000
5 %
4 %
4 %
3 %
$ 272,740
3 %
-1%
April Average Sales Price
$ 313,918
-3%
1 %
4 %
2 %
$ 311,603
5 %
1 %
Total Properties Currently for Sale ( Inventory )
3,765
5 %
4 %
April Number of Properties Sold
983
-3%
8 %
3,299
7 %
April Average Days on Market ( Solds )
61
2 %
-6%
3 %
2 %
65
3 %
8 %
Asking Price per Square Foot ( based on New Listings )
$ 120
1 %
1 %
3 %
3 %
$ 119
3 %
3 %
April Sold Price per Square Foot
$ 110
-6%
-1%
2 %
2 %
$ 112
6 %
4 %
April Month ' s Supply of Inventory
3.8
8 %
-5%
-4%
-5%
4.4
-4%
9 %
April Sale Price vs List Price Ratio
95.3 %
. 4 %
. 4 %
-. 6 %
. 2 %
95.0 %
-0%
-0%
* LM = Last Month / L3M = Last 3 Months / PYM = Same Month Prior Year / LY = Last Year ( 2016 ) / YTD = Year-to-date

Fort Agent Bend Name Title Phone Website Other

Community Information | School District

Property Sales
1,400
April Property sales were 983 , up 8.0 % from 910 in April of
2016 and 2.6 % lower than the 1,009 sales last month . April
1,200
Number of Properties Sold
3 Mo Avg
Property
2017 sales Sales were at their highest level compared to April of
20161,400
April and Property 2015 . April sales YTD were sales 983 of , up 3,299 8.0 % are from running 910 7.5 April % ahead of of 2016 last and year 2.6 ' s year-to-date % lower than sales the 1,009 of 3,070 sales . last month . April
2017 sales were at their highest level compared to April of 2016
and 2015 . April YTD sales of 3,299 are running 7.5 % ahead of last year ' s year-to-date sales of 3,070 .
1,000
1,200
800
1,000
600
800
400
600
200
400
200
0
M
J
J
A S O N D
J
F M A M J
J
A S O N D
J
F M A M J
J
A S O N D
J
F M A
0
14
15
16
17
Prices
M
J
The Median Sales Price in April was $ 283,000 , up 3.8 % from
14
350
Prices
$ 272,750 in April of 2016 and up 4.8 % from $ 270,000 last
The month Median . The Sales Average Price Sales in April Price was in $ 283,000 April was , up $ 313,918 3.8 % from , up 4.3 %
340
350
$ from 272,750 $ 301,047 in April in of April 2016 of and 2016 up 4.8 and % down from 2.7 $ 270,000 % from last $ 322,465
330 month last month . The . Average April 2017 Sales ASP Price was in April at the was highest $ 313,918 level , up compared 4.3 % to
340
320 from
April $ 301,047 of 2016 in and April 2015 of . 2016 and down 2.7 % from $ 322,465
330
310
J
A S O N D
JMedian
F M A MSales J
J
A Price S O Nand D
J Average F M A M JSales
J
A SPrice O N D
J
F M A
15
16
17
3 Mo Avg
Median Sales Price and Average Sales Price
3 Mo Avg
last month . April 2017 ASP was at the highest level compared to April of 2016 and 2015 .
320
300
310
290
300
280
290
270
280
260
270
250
260
250
M
M
14
J
J
J
J
A S O N D
J
F M A M J
J
A S O N D
J
F M A M J
J
A S O N D
J
F M A
15
16
17
A S O N D
J
F M A M J
J
A S O N D
J
F M A M J
J
A S O N D
J
F M A
Inventory & MSI
14
15
16
17
Total Inventory & Month ' s Supply of Inventory ( MSI )
Inventory
The Total Inventory & MSI of Properties available for sale as of April
The was Total 3,765 Inventory , up 5.2 % of from Properties 3,579 last available month for and sale up as 3.6 of % April from
4,500 was
3,634 3,765 in , April up 5.2 of % last from year 3,579 . April last month 2017 Inventory and up 3.6 was % from at its
4,5004,000
3,634 highest in April level of compared last year . with April April 2017 of Inventory 2016 and was 2015 at its .
4,0003,500 highest level compared with April of 2016 and 2015 .
3,5003,000
3,0002,500
2,5002,000
A comparatively lower MSI is more beneficial for sellers while a
2,0001,500
Total Inventory & Month ' s Supply of Inventory ( MSI )
6.0
5.0
4.0
3.0
6.0
5.0
4.0
3.0
2.0
A higher comparatively MSI is better lower for MSI buyers is more . The beneficial April 2017 for sellers MSI while of 3.8 a higher months MSI was is better at a mid for level buyers compared . The April with 2017 April MSI of of 2016 3.8 and months
2015 . was at a mid level compared with April of 2016 and
1,5001,000
1,000
500
500
0
2.0
1.0
1.0
0.0
2015 .
0
M
J
J A S O N D J
F M A M J
J A S O N D J
F M A M J
J A S O N D J
F0.0M A
M
J
14J A S O N D J
F
M15 A M J
J A S O N D J
F
M16 A M J
J A S O N D J
F M
A17
14
15
16
17
1,054 1,247 1,125 1,186 1,027 928 782 1,027 619
1,054 1,247 1,125 1,186 1,027 928 782 1,027 619 676 969 920 1,015 1,224 1,197 1,172 958 871 707 1,023 578 655 927 910 1,091 1,216 1,048 1,225 922 851 867 1,000 598 709 1,009 983
2,669 2,771 2,765 2,638 2,501 2,423 2,294 2,259 2,416
2,669 2,771 2,765 2,638 2,501 2,423 2,294 2,259 2,416 2,606 2,637 2,824 676 969
2,606 2,637
3,013 3,212
Number of Properties Sold
920
2,824
1,015 1,224 1,197 1,172 958 871 707 1,023
3,013 3,212 3,396 3,316 3,256 3,272 3,134 3,014 3,183
3,396 3,316 3,256 3,272 3,134 3,014 3,183 3,273 3,500 3,634 578 655 927
3,634 910 1,091 1,216 1,048 1,225 922 851
3,708 4,032 4,198 4,148 3,925 3,742 3,525
3,708 3,273
4,032 3,500 4,198 4,148 3,925 3,742 3,525 3,307 3,266 3,337
3,579 867
3,765
1,000 598
3,307 3,266 3,337
3 Mo Avg
709 1,009
3,579 3,765
983
Copyright © CB United , Realtors | Price Range : All | Property Types : SFH - Con
12 | c o l d w e l l b a n k e r h o m e s . c o m
Data is provided courtesy of Houston Association of REALTORS and may not reflect all relevant real estate activity . CB United , Realtors does not warrant or guarantee the accuracy of this information . It is the responsibility of any buyer or seller to verify any and all information relevant to such consumer ’ s real estate transaction .