HOU ARCHIVED August 2017 | Page 6

Market Action Report August 2017
Market Action Report August 2017

FORT County : Fort Bend BEND

Community Information | School District
Price Range : $ 1,000,000 and Up | 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
$ 1,299,999
-0%
-6%
Average List Price of all Current Listings
$ 1,620,532
0 %
-0%
August Median Sales Price
$ 1,240,000
-13%
0 %
-5%
-3%
$ 1,300,000
4 %
2 %
August Average Sales Price
$ 1,311,000
-18% -17% -3%
-10%
$ 2,039,380
43 %
40 %
Total Properties Currently for Sale ( Inventory )
123
-2%
28 %
August Number of Properties Sold
5 -17%
-38%
44
-4%
August Average Days on Market ( Solds )
279
59 %
75 % 210 % 123 %
134
9 %
7 %
Asking Price per Square Foot ( based on New Listings )
$ 266
4 %
6 %
10 %
-8%
$ 253
5 %
-13%
August Sold Price per Square Foot
$ 285
19 %
13 %
25 %
27 %
$ 454
105 %
103 %
August Month ' s Supply of Inventory
24.6
18 %
20 % 105 % 16 %
22.0
-0%
3 %
August Sale Price vs List Price Ratio
87.5 % -9.5% -4.7% -7.9% -5.1%
92.1 %
-0%
-0%
* LM = Last Month / L3M = Last 3 Months / PYM = Same Month Prior Year / LY = Last Year ( 2016 ) / YTD = Year-to-date
Property Sales
12
August Property sales were 5 , down 37.5 % from 8 in August of
2016 and 16.7 % lower than the 6 sales last month . August 2017
Property sales were Sales at their lowest level compared to August of 2016 and
12
10
August
2015 . Property August YTD sales sales were of 5 , 44 down are 37.5 running % from 4.38 % in behind August last of
2016 year ' and s year-to-date 16.7 % lower sales than of the 466 . sales last month . August 2017 sales were at their lowest level compared to August of 2016 and
10
8
2015 . August YTD sales of 44 are running 4.3 % behind last year ' s year-to-date sales of 46 .
8
6
6
4
4
Number of Properties Sold
2
0
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 J
J
A
0
14
15
16
17
Prices
S
O N D
J
F M A M
Median J
J
A S OSales N D Price
J F M and A M JAverage
J
A S OSales N D JPrice
F M A M J
J
A
3 Mo Avg
The Median Sales Price in August was $ 1,240,000 , down 5.3 %
14
15
16
17
9,000
Prices from $ 1,309,995 in August of 2016 and down 13.0 % from
Median Sales Price and Average Sales Price
3 Mo Avg
The
$ 1,425,000 Median Sales last month Price in . August The Average was $ 1,240,000 Sales Price , down in August 5.3 % was
8,000 from
$ 1,311,000 $ 1,309,995 , down in August 2.5 % from of 2016 $ 1,345,249 and down in 13.0 August % from of 2016 and
9,000
7,000
$ down 1,425,000 18.3 % last from month $ 1,604,721 . The Average last month Sales . Price August in August 2017 ASP was was
8,000
$ at 1,311,000 the lowest , down level 2.5 compared % from $ 1,345,249 to August in of August 2016 and of 2016 2015 and .
6,000
7,000 down 18.3 % from $ 1,604,721 last month . August 2017 ASP was
5,000 at the lowest level compared to August of 2016 and 2015 .
6,000
4,000
5,000
3,000
4,000
2,000
3,000
2,000
1,000
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 J
1,000
14
15
16
17
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 J
J
A
J
A
Inventory & MSI
14
15
16
17
Total Inventory & Month ' s Supply of Inventory ( MSI )
The Total Inventory of Properties available for sale as of August
Inventory & MSI was 123 , down 1.6 % from 125 last month and up 28.1 % from 96
140
The Total Inventory of Properties available for sale as of August was in August 123 , down
of last 1.6 %
year from
. August 125 last
2017 month
Inventory and up 28.1
was %
at from
its highest 96
140
120 in level August compared of last year with . August August 2017 of 2016 Inventory and 2015 was . at its highest
120
100 level compared with August of 2016 and 2015 .
Total Inventory & Month ' s Supply of Inventory ( MSI )
80.0
70.0
Copyright © CB United , Realtors | Price Range : $ 1,000,000 and Up | Property Types : SFH - Con
62 65 64
52
Agent Name
57
Title Phone Website Other
52 70
57 78
85 70 85 85 84
6 7 6 5 4 1 2 6 3
78 85 85 85 84 76 73 82 83 77 101 80 92
87
92 96 96 96 96 92 91
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 .
2
6 62
7 65
6
64 5 4 1 2 6 3 10 10
76 73
5
82 83
Number of Properties Sold
9 6
77 80
6
87 2 2 2 101
5
10 10 5 9 6 6 2 2 2 5 4 5
4
11
92 92
5 96
11 96
9 96
8 96 77
6
92
91 107
85 111
85 5 5
96 77
3 4 4
96 123
107 128
125 111 123
100
80
60.0
80
A comparatively lower MSI is more beneficial for sellers while a
60
A higher comparatively MSI is better lower for MSI buyers is more . The beneficial August for 2017 sellers MSI while of 24.6 a
40 higher months MSI was is at better its highest for buyers level . The compared August with 2017 August MSI of 24.6 of 2016 months and 2015 was . at its highest level compared with August of 2016
20
60
40
20
0
50.0
40.0
30.0
20.0
10.0
and 2015 .
0
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
J0.0J A
S
O14N D J
F
15 M A M J
J A S O N D J
F M16A M J
J A S O N D J
F M
17 A M J
J A
14
15
16
17
6 | coldwellbankerluxury . com
3 Mo Avg
3 123
7 128
7 125
9 8 6 5 5 3 4 4 3 7 7 8 6 5
3 Mo Avg
8
123 6 5
80.0 70.0 60.0 50.0 40.0 30.0 20.0 10.0 0.0