HOU ARCHIVED December 2017 | Page 10

Market Action Report December 2017
Market Action Report December 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
$ 1,350,000
0 %
-1%
Average List Price of all Current Listings
$ 1,807,303
1 %
-8%
December Median Sales Price
$ 1,397,500
12 %
15 %
13 %
9 %
$ 1,283,750
4 %
0 %
December Average Sales Price
$ 1,665,167
21 %
18 %
2 %
14 %
$ 1,829,426
26 %
26 %
Total Properties Currently for Sale ( Inventory )
98
-7%
27 %
December Number of Properties Sold
6
50 %
100 %
66
2 %
December Average Days on Market ( Solds )
120
253 % 15 %
46 %
-4%
124
2 %
-1%
Asking Price per Square Foot ( based on New Listings )
$ 305
19 %
16 %
34 %
5 %
$ 256
-12%
-12%
December Sold Price per Square Foot
$ 251
-23%
2 %
-1%
12 %
$ 384
71 %
71 %
December Month ' s Supply of Inventory
16.3 -38% -38% -36% -23%
21.9
3 %
3 %
December Sale Price vs List Price Ratio
92.9 % -3.1% 2.2 % 2.0 %
. 8 %
91.7 %
-1%
-0%
* LM = Last Month / L3M = Last 3 Months / PYM = Same Month Prior Year / LY = Last Year ( 2016 ) / YTD = Year-to-date
Property Sales
12
December Property sales were 6 , up 100.0 % from 3 in
Property
December Sales of 2016 and 50.0 % higher than the 4 sales last month 12.
December Property 2017 sales sales were at 6 their , up 100.0 highest % from level 3 compared in to
10
December of of 2016 and and 50.0 2015 % higher . December than the YTD 4 sales last of 66 month are .
December running 1.5 2017 % ahead sales were of last at year their ' s highest year-to-date level compared sales of 65 to .
10
8
December of 2016 and 2015 . December YTD sales of 66 are running 1.5 % ahead of last year ' s year-to-date sales of 65 .
8
6
6
4
4
2
Number of Properties Sold
2
0
0
J
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
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
Prices
15
Prices
The Median Sales Price in December was $ 1,397,500 , up 12.7 %
9,000
The from Median $ 1,240,000 Sales Price in December in December of 2016 was $ and 1,397,500 up 12.2 , up % from 12.7 % from
$ 1,245,200 $ 1,240,000 last in month December . The Average
9,000 of 2016 and Sales up Price 12.2 % in from December
8,000
Median
16 Sales Price and Average
17 Sales Price
Median Sales Price and Average Sales Price
3 Mo Avg
3 Mo Avg
$ was 1,245,200 $ 1,665,167 last month , up 2.2 . The % from Average $ 1,630,000 Sales Price in December in of
20168,0007,000
was and $ up 1,665,167 20.9 %, from up 2.2 $ % 1,377,350 from $ 1,630,000 last month in . December of 2017 2016 ASP
7,000 and was up at 20.9 a mid % from range $ compared 1,377,350 last to December month . December of 2016 and 20172015 ASP .
6,000 was at a mid range compared to December of 2016 and 2015 .
6,000
5,000
5,000
4,000
4,000
3,000
3,000
2,000
2,000
1,000
1,000
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
J
F
15 M A M J
J
A S O N D
J
F M
16 A M J
J
A S O N D
J
F M
17 A M J
J
A S O N D
15
16
17
4 1 2 6 3
Inventory & MSI
Inventory & MSI
The Total Inventory of Properties available for sale as of
The Total Inventory of Properties available for sale as of
December
December was
was 98
98 , down
, down 6.7
6.7 %
% from
from 105
105 last
last month
month and
and up up
140
140
27.3
27.3 % from from 77 77 in in December
December of of last last year year
. December . December
2017 2017
120
120
Inventory
Inventory was was at at its its highest highest level level compared compared with with December December of of
100
100
2016
2016 and and 2015 2015 . .
80
80
60
60
A comparatively lower MSI MSI is more is more beneficial for for sellers sellers while while a a
40 higher MSI is is better for for buyers . The . The December 2017 2017 MSI MSI of 16.3 of 16.3 months was at at its its lowest level level compared with with December of 2016 of 2016
20
40
20
Total Inventory & Month ' s Supply of Inventory ( MSI )
Total Inventory & Month ' s Supply of Inventory ( MSI )
80.0
70.0
60.0
50.0
40.0
30.0
20.0
10.0
and 2015 . .
0
0
0.0
J
F JM FA M AJ
MJ AJ
JS OA NS DO NJ FD MJ
AF M JA JMA J S JOAN SD OJ
NF DM JA
MF MJ
AJ
MA SJ
OJ NA DS O N D
15
15
16
16
17
17
57 4 1 2
Agent Name
Title Phone Website Other
6 3 10 10 5 9 6 6
70
78 70 85
78 85
85 85
84 85
76 85
73 84
76 82
73 83
77 82
80 83
77 87
57
2
Number of Properties Sold
101 2
80 2
87
92 92
5
10 10 5 9 6 6 2 2 2 5 4 5
4 11
5 11 9 8
101 97 92 97 92 97 97 97 97
92 97
91 97
92
91 96
107 109
96 120
107 124
109 117
115 120
105 124
111 117
105 115
98 105
77 6
85
5 5 77
3
85 4 4 3 7 7 8
3 Mo Avg
6 5
111 9
105
9 8 6 5 5 3 4 4 3 7 7 8 6 5 9 3 4 6
3 Mo Avg
3
98 4 6
80.0 70.0 60.0 50.0 40.0 30.0 20.0 10.0 0.0
10 | coldwellbankerluxury . com
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