HOU ARCHIVED December 2017 | Page 28

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

County : Waller

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
$ 319,200
-0%
10 %
Average List Price of all Current Listings
$ 378,317
2 %
12 %
December Median Sales Price
$ 215,000
-10% -8% -15% -12%
$ 248,000
2 %
1 %
December Average Sales Price
$ 263,825
-0%
-2%
-6%
-3%
$ 264,866
-2%
-3%
Total Properties Currently for Sale ( Inventory )
184
-5%
-12%
December Number of Properties Sold
53
23 %
-9%
483
8 %
December Average Days on Market ( Solds )
82
6 %
8 %
-1%
8 %
80
5 %
5 %
Asking Price per Square Foot ( based on New Listings )
$ 114
-12% -6%
-3%
2 %
$ 122
10 %
9 %
December Sold Price per Square Foot
$ 113
7 %
2 %
14 %
9 %
$ 108
4 %
4 %
December Month ' s Supply of Inventory
3.5 -23% -15% -3%
-40%
5.7
-2%
-2%
December Sale Price vs List Price Ratio
93.3 %
2.3 %
. 4 %
1.1 %
-. 2 %
93.3 %
-0%
-0%
* LM = Last Month / L3M = Last 3 Months / PYM = Same Month Prior Year / LY = Last Year ( 2016 ) / YTD = Year-to-date
Property Sales
70
December Property sales were 53 , down 8.6 % from 58 in
December of 2016 and 23.3 % higher than the 43 sales last
60
Number of Properties Sold
3 Mo Avg
Property month . December Sales 2017 sales were at a mid level compared to
70
December Property of 2016 sales and 2015 were . 53 December , down 8.6 YTD % from sales 58 of in 483 are
50
December running 7.8 of 2016 % ahead and of 23.3 last % year higher ' s year-to-date than the 43 sales last of 448 . month . December 2017 sales were at a mid level compared to
December of 2016 and 2015 . December YTD sales of 483 are running 7.8 % ahead of last year ' s year-to-date sales of 448 .
60
50
40
30
40
20
30
10
20
10
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
The Median Sales Price in December was $ 215,000 , down 14.5 %
15
350
Prices from $ 251,500 in December of 2016 and down 10.4 % from
The
$ 240,000 Median last Sales month Price . in The December Average was Sales $ 215,000 Price in , down December
330 14.5 %
350 from was $ 251,500 263,825 in , down December 5.9 % of from 2016 $ 280,267 and down in 10.4 December % from of 2016
310
$ and 240,000 down last 0.2 month % from . The $ 264,326 Average last Sales month Price . December in 2017 ASP
330
290 was $ 263,825 at the lowest , down level 5.9 % compared from $ 280,267 to December in December of 2016 of 2016 and 2015
310 .
270
J
A S
OMedian N D
J FSales M A MPrice J
J Aand S OAverage N D
J
F Sales M A MPrice J
J
A S O N D
16
17
3 Mo Avg
Median Sales Price and Average Sales Price
3 Mo Avg
and down 0.2 % from $ 264,326 last month . December 2017 ASP was at the lowest level compared to December of 2016 and 2015 .
290
250
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
Inventory & MSI
15
16
17
Total Inventory & Month ' s Supply of Inventory ( MSI )
Inventory
The Total Inventory & MSI of Properties available for sale as of
The
December Total Inventory was 184 of , down Properties 4.7 % available from 193 for last sale month as of and down
250
December
11.5 % from was 208 184 in , down December 4.7 % from of last 193 year last . month December and down 2017
250
200
11.5
Inventory % from 208 was in at December a mid level of compared last year . December with December 2017 of 2016
200
Inventory and 2015 was . at a mid level compared with December of 2016
150
Total Inventory & Month ' s Supply of Inventory ( MSI )
10.0
8.0
10.0
8.0
6.0
and 2015 .
150
100
6.0
4.0
A comparatively lower MSI is more beneficial for sellers while a
100
A higher comparatively MSI is better lower for MSI buyers is more . The beneficial December for sellers 2017 while MSI of a 3.5 higher months MSI was is better at its lowest for buyers level . The compared December with 2017 December MSI of 3.5 of
201650 months and 2015 was . at its lowest level compared with December of 2016
50
0
4.0
2.0
2.0
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
24 16 21 27 34 29 27 39 33 30 23 20 29 35 35 38 40 57 30 36 35 24 31 58 25 29 44 34 54 50 35 28 39 49 43 53
87
J 15

Waller

24
90
16 21
Agent Name
Title Phone Website Other

Community Information | School District

27 34 29 27 39 33 30 23
97 87
107 90
122 97
132 107
145 122
151 132
151 145
160 151
159 151
164 160
171 159 181
164 182
171 179
181
196 182 215 179 225 196 228
215
215 219
225
206
228
208 215
208 219
216 206
211 208
208 208
203 216
211 211
227 208
234 203
236 211
211 227 193 234
184 236
J A S O N D J 16
20
Number of Properties Sold
29 35 35 38 40 57 30 36 35
J A S O N D J
17
24 31 58 25 29 44 34 54 50 35 28
211 39
193
3 Mo Avg
49
184 43 53
Copyright © CB United , Realtors | Price Range : All | Property Types : SFH - Con
28 | 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 .