Market Action Report December 2017
Community Information | School District
Market Action Report December 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 |
$ 349,890 |
1 % |
|
3 % |
|
|
|
|
Average List Price of all Current Listings |
$ 418,132 |
2 % |
|
3 % |
|
|
|
|
December Median Sales Price |
$ 277,720 |
3 % |
1 % |
-0% |
1 % |
$ 276,000 |
0 % |
0 % |
December Average Sales Price |
$ 309,851 |
2 % |
1 % |
-1% |
1 % |
$ 312,734 |
2 % |
2 % |
Total Properties Currently for Sale ( Inventory ) |
3,484 -11% |
5 % |
December Number of Properties Sold |
968 |
7 % |
|
-3% |
|
11,546 |
2 % |
|
December Average Days on Market ( Solds ) |
75 |
14 % |
14 % |
15 % |
25 % |
61 |
3 % |
2 % |
Asking Price per Square Foot ( based on New Listings ) |
$ 120 |
2 % |
2 % |
5 % |
3 % |
$ 117 |
1 % |
1 % |
December Sold Price per Square Foot |
$ 110 |
0 % |
0 % |
1 % |
2 % |
$ 111 |
3 % |
3 % |
December Month ' s Supply of Inventory |
3.6 -17% -13% |
9 % |
-11% |
4.3 |
7 % |
7 % |
December Sale Price vs List Price Ratio |
93.8 % |
-. 2 % |
-. 4 % -. 6 % -1.4% |
94.8 % |
-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
December Property sales were 968 , down 3.4 % from 1,002 in Number of Properties Sold
3 Mo Avg
December of 2016 and 6.8 % higher than the 906 sales last 1,200 Property month . December Sales 2017 sales were at their lowest level 1,400
December compared Property to December sales were of 2016 968 and , down 2015 3.4 .% December from 1,002 YTD in sales 1,000 December of 11,546 of are 2016 running and 6.8 2.2 % higher ahead than of last the year 906 ' s sales year-to-date last sales 1,200 month of 11,299 . December . 2017 sales were at their lowest level
800 compared to December of 2016 and 2015 . December YTD sales 1,000 of 11,546 are running 2.2 % ahead of last year ' s year-to-date sales 600 of 11,299 .
800 400
600 200
400 0
200
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 S O N D
0 15 16
17
Prices
J F M A M J J A SMedian O N D J Sales F M A Price M J J and A S Average O N D J FSales M A MPrice J J A S O N D
15 16
17 3 Mo Avg
The Median Sales Price in December was $ 277,720 , down 0.4 % 350
Prices from $ 278,944 in December of 2016 and up 2.8 % from Median Sales Price and Average Sales Price
3 Mo Avg The $ 270,195 Median last Sales month Price . in The December Average was Sales $ 277,720 Price in , down December 0.4 % was
340
350 from $ 309,851 $ 278,944 , down in December 0.9 % from of $ 2016 312,623 and in up December 2.8 % from of 2016 and 330 $ up 270,195 1.9 % last from month $ 304,077 . The last Average month Sales . December Price in December 2017 ASP was at
340 320
$ the 309,851 lowest , down level 0.9 compared % from $ to 312,623 December in December of 2016 of and 2016 2015 and .
330 310
up 1.9 % from $ 304,077 last month . December 2017 ASP was at 320 300 the lowest level compared to December of 2016 and 2015 . 310 290
300 280
290 270
280 260
270 250
260 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 S O N D
250 15
16
17 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 S O N D 15
16 17
Inventory & MSI
Total Inventory & Month ' s Supply of Inventory ( MSI )
Inventory The Total Inventory
& MSI of Properties available for sale as of
Total Inventory & Month ' s Supply of Inventory ( MSI )
The December Total Inventory was 3,484 of Properties , down 11.4 available % from 3,932 for sale last as month of and up 6,000
6.0
December 4.9 % from was 3,320 3,484 in , down December 11.4 % of from last 3,932 year . last December month and 2017 up 6,0005,000
6.0 5.0
4.9 Inventory % from 3,320 was at in its December highest level of last compared year . December with December 2017 of 5,000
5.0 Inventory 2016 and was 2015 at .
4,000 4.0 its highest level compared with December of
2016 and 2015 . 4,000
4.0 3,000
3.0
3,000 3.0
A comparatively lower MSI is more beneficial for sellers while a 2,000 2.0
A higher comparatively MSI is better lower for MSI buyers is more . The beneficial December for sellers 2017 while MSI of a 3.62,000 2.0
1,000 1.0 higher months MSI was is better at its highest for buyers level . The compared December with 2017 December MSI of 3.6 of 1,000
1.0 months 2016 and was 2015 at its . highest level compared with December of
0 0.0
2016 and 2015 .
0 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 S O0.0N D F 15 M A M J
F M16A M J
F M 17 A M J J A S O N D
619 676 969 920 1,015 1,224 1,197 1,172 958 871 707 1,023 578 655 927 910 1,091 1,217 1,048 1,226 923 853 869 1,002 603 710 1,016 999 1,243 1,261 1,073 830 1,020 917 906 968
2,416 2,606 2,637 2,824 3,013 3,212
J
15
619 676 969 920
2,416 2,606 2,637 2,824
1,015 1,224 1,197 1,172 958
3,013 3,212 3,396 3,316 3,256
871 707
3,396 3,316 3,256 3,272 3,134 3,014 3,183 3,274 3,502 3,636 3,710
J A S O N D J 16
Number of Properties Sold
1,023 578 655
3,272 3,134 3,014 3,183 3,274 3,502 927 910 1,091 1,217 1,048 1,226 923 853
3,636
3,710 4,035 4,203 4,152 3,930 3,749 3,537
4,035 4,203 4,152 3,930 3,749 3,537 3,320 3,289 3,372
3,649 3,320 3,926
J A S O N D J
17
869 1,002 603 710
4,287 4,616
3,289 3,372 3,649 1,016 999
4,814 4,734
3,926
1,243 1,261 1,073
4,350 4,128 3,932
3,484
830 1,020
4,287 4,616 4,814 4,734 4,350 4,128
3 Mo Avg
917 906
3,932 3,484
968
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 .