HOU ARCHIVED December 2017 | Page 24

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

County : Montgomery

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
$ 338,740
3 %
6 %
Average List Price of all Current Listings
$ 448,715
3 %
3 %
December Median Sales Price
$ 247,645
0 %
0 %
1 %
1 %
$ 249,000
2 %
2 %
December Average Sales Price
$ 300,282
3 %
1 %
3 %
2 %
$ 300,946
3 %
2 %
Total Properties Currently for Sale ( Inventory )
3,381
-9%
-7%
December Number of Properties Sold
870
9 %
15 %
10,396
9 %
December Average Days on Market ( Solds )
66
-6%
2 %
-10%
0 %
63
-5%
-5%
Asking Price per Square Foot ( based on New Listings )
$ 127
1 %
2 %
3 %
3 %
$ 126
2 %
2 %
December Sold Price per Square Foot
$ 115
2 %
0 %
3 %
3 %
$ 115
4 %
3 %
December Month ' s Supply of Inventory
3.9 -17% -10% -19% -23%
4.9
-4%
-4%
December Sale Price vs List Price Ratio
94.4 %
. 3 %
. 1 %
1.1 %
. 0 %
94.7 %
0 %
0 %
* LM = Last Month / L3M = Last 3 Months / PYM = Same Month Prior Year / LY = Last Year ( 2016 ) / YTD = Year-to-date

Montgomery

Agent Name
Title Phone Website Other

Community Information | School District

Property Sales
1,400
December Property sales were 870 , up 14.9 % from 757 in
December of 2016 and 8.9 % higher than the 799 sales last
1,200
Number of Properties Sold
3 Mo Avg
Property month . December Sales 2017 sales were at their highest level
1,400
December compared Property to December sales were of 2016 870 and , up 14.9 2015 %. from December 757 in YTD sales
1,000
December of 10,396 of are 2016 running and 8.9 9.4 %% higher ahead than of last the year 799 ' sales s year-to-date last month sales . of December 9,505 . 2017 sales were at their highest level compared to December of 2016 and 2015 . December YTD sales
1,200
800
1,000
of 10,396 are running 9.4 % ahead of last year ' s year-to-date
600
sales of 9,505 .
800
400
600
200
400
200
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
The Median Sales Price in December was $ 247,645 , up 1.1 %
J
F M A M J
15
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
16
17
3 Mo Avg
Prices from $ 245,000 in December of 2016 and up 0.3 % from
340
The
$ 247,000 Median last Sales month Price . in The December Average was Sales $ 247,645 Price in , up December 1.1 % was from
$ 300,282 $ 245,000 , up in 3.4 December % from $ 290,444 of 2016 and in December up 0.3 % from of 2016 and up
320
340
$
3.3 247,000 % from last $ 290,597 month . The last Average month . Sales December Price in 2017 December ASP was was at a
300
$ mid 300,282 range , up compared 3.4 % from to $ December 290,444 in of December 2016 and of 2015 2016 . and up
320
3.3 % from $ 290,597 last month . December 2017 ASP was at a
280
300
Median Sales Price and Average Sales Price
3 Mo Avg
mid range compared to December of 2016 and 2015 .
280
260
260
240
240
220
500 583 773
500 583 773 791 874 1,053 983 901 822 722 586 797 475 570 814 764 916 1,013 904 988 855 730 719 757 464 645 859 827 1,077 1,156 1,019 856 950 874 799 870
220 200 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
200 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 3,381 of , Properties down 9.2 % available from 3,725 for sale last as month of and 5,000 December down 7.0 was % from 3,381 3,634 , down in 9.2 December % from 3,725 of last last year month . December and 5,000
9.0 4,000 down 20177.0 Inventory % from 3,634 was at in its December lowest level of last compared year . December with December 8.0
4,000 2017 of 2016 Inventory and 2015 was . at its lowest level compared with December
7.0 3,000 of 2016 and 2015 . 6.0
3,000 2,000
5.0
A comparatively lower MSI is more beneficial for sellers while a 4.0
2,000 A higher comparatively MSI is better lower for MSI buyers is more . The beneficial December for sellers 2017 while MSI of a 3.9 1,000
3.0 higher months MSI was is better at its lowest for buyers level . The compared December with 2017 December MSI of 3.9 of 2016 1,000 2.0 months and 2015 was . at its lowest level compared with December of 2016 0 1.0 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 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 S O N D 15
16
17
2,666 2,877 3,018
2,666 2,877 3,018 3,213 3,304 791 874 1,053 983 901 822
3,213 3,304 3,500 3,789 3,753 3,792
722 586
3,500 3,789 3,753 3,792 3,793 3,701 3,490 3,505 3,605 3,805 3,900 3,964 4,051
Number of Properties Sold
797 475 570 814 764 916 1,013 904 988 855 730 719
3,793 3,701 3,490 3,505 3,605 3,805 3,900 3,964 4,051 4,078 4,013 4,017 3,910 3,841 3,634
757
4,078 4,013 4,017 3,910 3,841 3,634 3,583 3,676 4,048 4,266
464
3,583
3,676 645 859 827
4,423 4,626 4,521 4,425
1,077 1,156 1,019
4,069 3,860 3,725
3,381
856 950
4,048 4,266 4,423 4,626 4,521 4,425 4,069 3,860
3 Mo Avg
874 799
3,725 3,381
870
9.0 8.0 7.0 6.0 5.0 4.0 3.0 2.0 1.0 0.0
Copyright © CB United , Realtors | Price Range : All | Property Types : SFH - Con
24 | 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 .