HOU ARCHIVED February 2017 | Page 10

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

County : Chambers

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
$ 289,900
-1%
9 %
Average List Price of all Current Listings
$ 352,418
2 %
12 %
February Median Sales Price
$ 250,000
13 %
10 %
12 %
11 %
$ 235,000
4 %
4 %
February Average Sales Price
$ 249,335
13 %
5 %
13 %
5 %
$ 235,659
3 %
0 %
Total Properties Currently for Sale ( Inventory )
147
1 %
7 %
February Number of Properties Sold
19
6 %
-42%
37
-48%
February Average Days on Market ( Solds )
57
-7% -11% 19 %
12 %
59
11 %
16 %
Asking Price per Square Foot ( based on New Listings )
$ 118
7 %
5 %
13 %
6 %
$ 114
9 %
3 %
February Sold Price per Square Foot
$ 100
-6%
0 %
-0%
-1%
$ 103
6 %
2 %
February Month ' s Supply of Inventory
7.7
-5%
6 %
85 %
86 %
7.9
101 %
90 %
February Sale Price vs List Price Ratio
96.4 %
. 3 %
1.7 % -. 9 %
. 2 %
96.3 %
-0%
0 %
* LM = Last Month / L3M = Last 3 Months / PYM = Same Month Prior Year / LY = Last Year ( 2016 ) / YTD = Year-to-date

Chambers

Agent Name
Title Phone Website Other

Community Information | School District

Property Sales
70
February Property sales were 19 , down 42.4 % from 33 in
February of 2016 and 5.6 % higher than the 18 sales last month .
60
Number of Properties Sold
3 Mo Avg
Property
February 2017 Sales sales were at their lowest level compared to
70
February Property of 2016 sales and 2015 were . 19 February , down 42.4 YTD % from sales 33 of in 37 are
50
February running of 47.9 2016 % behind and 5.6 % last higher year ' s than year-to-date the 18 sales sales last of month 71 . .
February 2017 sales were at their lowest level compared to
60
40
February of 2016 and 2015 . February YTD sales of 37 are
50
running 47.9 % behind last year ' s year-to-date sales of 71 .
30
40
20
30
10
20
10
0
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
0
14
15
16
17
Prices
The Median Sales Price in February was $ 250,000 , up 11.9 %
M
A M J
14
J
A S O N
DMedian
J F M ASales M J JPrice A S Oand N DAverage
J
F M A Sales M J
J Price
A S O N D
J
F
15
16
17
3 Mo Avg
Prices from $ 223,500 in February of 2016 and up 12.9 % from
290
The
$ 221,415 Median last Sales month Price . in The February Average was Sales $ 250,000 Price in , up February 11.9 % was from
$ 249,335 $ 223,500 , up 13.5 in February % from of $ 219,745 2016 and in up February 12.9 % from of 2016 and up
270
290
$
12.7 221,415 % from last month $ 221,224 . The last Average month Sales . February Price in 2017 February ASP was at the
250
$ highest 249,335 level , up 13.5 compared % from $ to 219,745 February in February of 2016 and of 2016 2015 and . up
270
12.7 % from $ 221,224 last month . February 2017 ASP was at the
230
250
Median Sales Price and Average Sales Price
3 Mo Avg
highest level compared to February of 2016 and 2015 .
210
230
210
190
190
170
29 46 43 46 44 48 43 42 42 31 24 37 44 45 36 45 55 50 60 22 28 40 38 33 51 47 46 52 38 49 42 38 27 26 18 19
170 150 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
150 14
15 16
17
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 14
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 February Total Inventory was 147 , of up Properties 0.7 % from available 146 last for month sale as and of up 6.5 % 250
9.0
February from 138 was in February 147 , up 0.7 of % last from year 146 . last February month 2017 and up Inventory 6.5 % was 250
9.0 8.0 200 from at its 138 highest in February level compared of last year with . February February 2017 of Inventory 2016 and was 2015 .
8.0 7.0
200 at its highest level compared with February of 2016 and 2015 .
7.0 6.0 150
6.0 5.0 150
5.0 4.0 100
A comparatively lower MSI is more beneficial for sellers while a
4.0 3.0
100 A higher comparatively MSI is better lower for MSI buyers is more . The beneficial February for sellers 2017 MSI while of a 7.7 50
3.0 2.0 higher months MSI was is better at its highest for buyers level . The compared February with 2017 February MSI of 7.7 of 201650
2.0 1.0 months and 2015 was . at its highest level compared with February of 2016 0
1.0 0.0 and 2015 .
0 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 D0.0J F
M A14 M J J A S O N D J F M15A M J J A S O N D J F M16
A M J J A S O N D J F 17
14 15
16 17
163
29 46 43 46 44 48 43 42 42 31 24 37
Number of Properties Sold
44 45 36 45
160
148 163
137 160
145 148
140 137
132 145
113 140
112 132
107 113
109 112
99 107
113 109 113
99 126
113
122 113 134
126 137 122
134
134 145
137 141
134
132 140
145
138 141
151 132
146 140
143 138
163 151
146 192
170 143
188 163
176 192
167 170
157 188 146 176
147 167
55 50 60 22 28 40 38 33 51 47 46 52 38 49 42 38 27 157
3 Mo Avg
26 146
18
147
19
Copyright © CB United , Realtors | Price Range : All | Property Types : SFH - Con
10 | 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 .