HOU ARCHIVED December 2017 | Page 18

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

County : Harris

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
$ 315,000
2 %
7 %
Average List Price of all Current Listings
$ 469,240
1 %
7 %
December Median Sales Price
$ 215,000
2 %
1 %
2 %
6 %
$ 210,500
3 %
4 %
December Average Sales Price
$ 296,057
4 %
2 %
-1%
5 %
$ 292,300
3 %
4 %
Total Properties Currently for Sale ( Inventory )
12,701 -11%
-4%
December Number of Properties Sold
4,147
7 %
-2%
49,082
1 %
December Average Days on Market ( Solds )
57
-2%
4 %
0 %
12 %
51
2 %
0 %
Asking Price per Square Foot ( based on New Listings )
$ 138
0 %
-3%
6 %
1 %
$ 140
3 %
3 %
December Sold Price per Square Foot
$ 123
2 %
1 %
-0%
4 %
$ 123
3 %
3 %
December Month ' s Supply of Inventory
3.1 -17% -12% -2%
-18%
3.8
3 %
3 %
December Sale Price vs List Price Ratio
94.7 %
. 1 %
-. 1 % -. 1 %
-. 8 %
95.3 %
-0%
-0%
* LM = Last Month / L3M = Last 3 Months / PYM = Same Month Prior Year / LY = Last Year ( 2016 ) / YTD = Year-to-date
Property Sales
6,000 December Property sales were 4,147 , down 2.3 % from 4,244 in December of 2016 and 7.2 % higher than the 3,869 sales last
5,000 Property month . December Sales 2017 sales were at a mid level compared to 6,000
December Property of 2016 sales and 2015 were . 4,147 December , down 2.3 YTD % from sales 4,244 of 49,082 in are December of 2016 and 7.2 % higher than the 3,869 last
4,000
running 1.4 % ahead of last year ' s year-to-date sales of 48,416 . 5,000 month . December 2017 sales were at a mid level compared to
December of 2016 and 2015 . December YTD sales of 49,082 are 3,000 4,000 running 1.4 % ahead of last year ' s year-to-date sales of 48,416 . 2,000
3,000
1,000 2,000

Harris

Number of Properties Sold
1,000 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 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 $ 215,000 , up 1.6 % 350
Prices from $ 211,623 in December of 2016 and up 1.9 % from Median Sales Price and Average Sales Price
3 Mo Avg The $ 210,990 Median last Sales month Price . in The December Average was Sales $ 215,000 Price in , up December 1.6 % was
330
350 from $ 296,057 $ 211,623 , down in December 0.8 % from of $ 2016 298,353 and up in December 1.9 % from of 2016 and 310 $ up 210,990 3.7 % from last month $ 285,569 . The last Average month Sales . December Price in December 2017 ASP was at
330 290
$ a 296,057 mid range , down compared 0.8 % from to December $ 298,353 in of December 2016 and of 2015 2016 . and 310 270 up 3.7 % from $ 285,569 last month . December 2017 ASP was at 290 250 a mid range compared to December of 2016 and 2015 .
270 230 250
210 230
190 210
170 190
150 170
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 150
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 12,701 of Properties , down 11.4 available % from for 14,328 sale as last of month and 20,000
6.0
December down 4.4 was % from 12,701 13,279 , down in 11.4 December % from 14,328 of last year last month . December and 20,000
6.0 5.0 down 20174.4 Inventory % from 13,279 was at in its December lowest level of last compared year . December with December 15,000 5.0
2017 of 2016 Inventory and 2015 was .
4.0 at its lowest level compared with December 15,000 of 2016 and 2015 . 4.0
10,000 3.0
10,000 3.0
A comparatively lower MSI is more beneficial for sellers while a 2.0
A higher comparatively MSI is better lower for MSI buyers is more . The beneficial December for sellers 2017 while MSI of a 3.1
5,000 2.0 higher MSI is better for buyers . The December 2017 MSI of 3.1 5,000
1.0 months was at its lowest level compared with December of 2016
1.0 months and 2015 was . at its lowest level compared with December of 2016
0 0.0 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
2,589 2,899 3,904 4,141 4,284 4,909 5,065 4,582 4,282 3,767 2,987 4,020 2,655 3,052 3,980 4,077 4,594 4,881 4,512 4,911 4,172 3,725 3,613 4,244 2,630 3,193 4,488 4,226 4,974 5,104 4,551 3,701 4,202 3,997 3,869 4,147
10,572 10,927 11,047 11,553 12,041 12,565
J
15
2,589 2,899
Agent Name
Title Phone Website Other

Community Information | School District

3,904 4,141
10,572 10,927 11,047 11,553 4,284 4,909 5,065 4,582 4,282 3,767 2,987
13,749 13,875 14,096 14,126 13,693 12,767 13,114 13,767 14,381 14,567 14,805
J A S O N D J 16
Number of Properties Sold
4,020
12,041
12,565 13,749 13,875 14,096 14,126 13,693 12,767
2,655 3,052 3,980
13,114 13,767 14,381
4,077 4,594 4,881 4,512 4,911 4,172 3,725
15,490 15,701 15,623 15,524 15,070 14,457 13,279 13,295 13,736 14,743 15,431 16,206
J A S O N D J
17
3,613 4,244
14,567 14,805 15,490 15,701 15,623 15,524 15,070 14,457 13,279 13,295 2,630 3,193 4,488 4,226 4,974 5,104
3 Mo Avg
4,551
17,171 17,810 17,417 15,565 14,866 14,328
12,701
13,736 14,743
3,701 4,202
15,431 16,206 17,171 17,810 17,417 15,565 14,866
3 Mo Avg
3,997 3,869
14,328 12,701
4,147
Copyright © CB United , Realtors | Price Range : All | Property Types : SFH - Con
18 | 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 .