HOU ARCHIVED April 2017 | Page 16

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

County : Grimes

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
$ 174,500
9 %
-3%
Average List Price of all Current Listings
$ 208,168
1 %
1 %
April Median Sales Price
$ 200,000
90 %
29 %
49 %
45 %
$ 154,975
17 %
13 %
April Average Sales Price
$ 212,227
53 %
14 %
51 %
33 %
$ 186,074
40 %
17 %
Total Properties Currently for Sale ( Inventory )
45
7 %
-2%
April Number of Properties Sold
13
30 %
117 %
32
52 %
April Average Days on Market ( Solds )
133
68 %
40 % 291 % 73 %
95
27 %
23 %
Asking Price per Square Foot ( based on New Listings )
$ 105
5 %
7 %
25 %
7 %
$ 98
7 %
0 %
April Sold Price per Square Foot
$ 91
-4%
-4%
41 %
9 %
$ 95
42 %
13 %
April Month ' s Supply of Inventory
3.5 -18% -57% -55% -70%
8.1
-26%
-29%
April Sale Price vs List Price Ratio
88.9 % -3.3% -1.4% -10.8% -1.5%
90.2 %
-2%
-0%
* LM = Last Month / L3M = Last 3 Months / PYM = Same Month Prior Year / LY = Last Year ( 2016 ) / YTD = Year-to-date
Property Sales
16
April Property sales were 13 , up 116.7 % from 6 in April of 2016 and 30.0 % higher than the 10 sales last month . April 2017 sales
14
Number of Properties Sold
3 Mo Avg
Property were at their Sales highest level compared to April of 2016 and 2015 .
16
April Property YTD sales sales of were 32 are 13 running , up 116.752.4 % from % ahead 6 in April of last of 2016 year ' s yearto-date 30.0 % sales higher of 21 than . the 10 sales last month . April 2017 sales
14 and
12
10
were at their highest level compared to April of 2016 and 2015 .
April YTD sales of 32 are running 52.4 % ahead of last year ' s yearto-date
12
8
sales of 21 .
10
6
8
4
6
2
4
0
2
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 $ 200,000 , up 49.3 % from
Prices
$ 134,000 in April of 2016 and up 90.5 % from $ 105,000 last
14
350
The month Median . The Sales Average Price Sales in April Price was in $ 200,000 April was , up $ 212,227 49.3 % from , up 51.1 %
350
300
$ from 134,000 $ 140,500 in April in of April 2016 of and 2016 up 90.5 and % up from 53.3 $ % 105,000 from $ 138,442 last
J
A S O N D
J
FMedian M A M JSales
J A SPrice O N Dand
J FAverage M A M J Sales
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
month last month . The . Average April 2017 Sales ASP Price was in April at the was highest $ 212,227 level , compared up 51.1 % to
300
250 from
April $ 140,500 of 2016 and in April 2015 of . 2016 and up 53.3 % from $ 138,442
last month . April 2017 ASP was at the highest level compared to
250
200
April of 2016 and 2015 .
200
150
11
150 100

Grimes

11 9 8
9 8 6 14
Agent Name
Title Phone Website Other

Community Information | School District

6 14 9 7 4 7 7
9 7 4 7 7 6 7 6 7
Number of Properties Sold
12 12 9
12 12 9 7 8
7
14
8 14 4 9 3 3 9 6
4 9 3 3 9 6 6 5
6 5 14 14 8 8 1
14 14 8 8 1 6 6 3 6 6
10 13
3 Mo Avg
3 10 13
Inventory & MSI Inventory The Total Inventory
& MSI of Properties available for sale as of April
The was Total 45 , up Inventory 7.1 % from of Properties 42 last month available and for down sale 2.2 as % of from April 46 in was April 45 , of up last 7.1 % year from . April 42 last 2017 month Inventory and down was 2.2 at % its from lowest 46 level in 70 April compared of last year with . April of 2017 2016 Inventory and 2015 was . at its lowest level 60 compared with April of 2016 and 2015 . 50 40 A comparatively lower MSI is more beneficial for sellers while a 30 A higher comparatively MSI is better lower for MSI buyers is more . The beneficial April 2017 for sellers MSI while of 3.5 a 20 higher months MSI was is better at its lowest for buyers level . The compared April 2017 with MSI April of of 3.52016 and months was at its lowest level compared with April of 2016 and
10
2015 .
2015 . 0
100 50
50
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
M
14
J
J
A S O N D
J
15
F M A M J
J
A S O N D
J
16
F M A M J
J
A S O N D
J
17
F M A
14
15
16
17
Total Inventory & Month ' s Supply of Inventory ( MSI )
70
Total Inventory & Month ' s Supply of Inventory ( MSI )
60.0
60
60.0
50.0
50
50.0
40.0
40
30
20
10
40.0
30.0
20.0
30.0
20.0
10.0
0
10.0
0.0
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 M16A M J
J
A S O N D J
F M
A17
14
15
16
17
61 63
61 58
63 54
58 50
54 48
50 43
48 41
43 40
41 42
40 40
42
46 40
46
45 45
45
51 57 45
51
42 57
50 42
45 44
50 48
45 44
44 48
44
47 46 47 47 46 47
43 43 42 44
43
50 43
42 51 44
45 50 51
50 49
45 42
50 45
49
42
45
Copyright © CB United , Realtors | Price Range : All | Property Types : SFH - Con
16 | 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 .