HOU ARCHIVED February 2017 | Page 12

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

County : Fort Bend

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
$ 349,249
1 %
-2%
Average List Price of all Current Listings
$ 420,443
2 %
1 %
February Median Sales Price
$ 266,072
-1%
-1%
5 %
-3%
$ 267,000
3 %
-3%
February Average Sales Price
$ 304,767
1 %
0 %
7 %
-1%
$ 303,925
5 %
-1%
Total Properties Currently for Sale ( Inventory )
3,244
-0%
-1%
February Number of Properties Sold
550
15 %
-16%
1,027
-17%
February Average Days on Market ( Solds )
73
16 %
14 %
11 %
26 %
68
5 %
17 %
Asking Price per Square Foot ( based on New Listings )
$ 119
0 %
2 %
3 %
3 %
$ 119
3 %
3 %
February Sold Price per Square Foot
$ 109
2 %
1 %
4 %
1 %
$ 108
3 %
0 %
February Month ' s Supply of Inventory
5.9 -13%
2 %
18 %
30 %
6.4
21 %
40 %
February Sale Price vs List Price Ratio
94.7 %
-. 1 %
. 1 %
-. 5 %
-. 6 %
94.7 %
-0%
-1%
* LM = Last Month / L3M = Last 3 Months / PYM = Same Month Prior Year / LY = Last Year ( 2016 ) / YTD = Year-to-date

Fort Agent Bend Name Title Phone Website Other

Community Information | School District

Property Sales 1,400
February Property sales were 550 , down 15.9 % from 654 in Number of Properties Sold
3 Mo Avg
February of 2016 and 15.3 % higher than the 477 sales last 1,200 Property month . February Sales 2017 sales were at their lowest level compared 1,400
February to February Property of 2016 sales and were 2015 550 . , February down 15.9 YTD % from sales 654 of in 1,027 are 1,000 February running of 16.6 2016 % behind and 15.3 last % higher year ' s than year-to-date the 477 sales last of 1,232 . 1,200 month . February 2017 sales were at their lowest level compared 800 to February of 2016 and 2015 . February YTD sales of 1,027 are 1,000 running 16.6 % behind last year ' s year-to-date sales of 1,232 .
600
800 400
600 200
400 0
200
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
M A M J J A S O NMedian D J F MSales A M J Price J A S and O N Average D J F M ASales M J JPrice A S O N D J F
14 15
16
17 3 Mo Avg The Median Sales Price in February was $ 266,072 , up 4.8 %
350
Prices from $ 253,950 in February of 2016 and down 0.7 % from Median Sales Price and Average Sales Price
3 Mo Avg The $ 267,955 Median last Sales month Price . in The February Average was Sales $ 266,072 Price , in up February 4.8 % was
340
350 from $ 304,767 $ 253,950 , up in 6.7 February % from $ of 285,662 2016 and in February down 0.7 % of from 2016 and up 330 $ 0.6 267,955 % from last $ month 302,954 . The last Average month . Sales February Price in 2017 February ASP was at the
340 320
$ highest 304,767 , level up 6.7 compared % from $ to 285,662 February in February of 2016 of and 2016 2015 and . up 330 310 0.6 % from $ 302,954 last month . February 2017 ASP was at the 320 300 highest level compared to February of 2016 and 2015 .
310 290 300
280 290
270 280
260 270
250 260
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 250
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 3,244 of , Properties down 0.2 % available from 3,249 for sale last as month of and 4,500 February down 1.1 was % from 3,244 3,280 , down in 0.2 February % from 3,249 of last last year month . February and 20174,5004,000
8.0 down Inventory 1.1 % from was 3,280 at a mid in February level compared of last year with . February 2017 of 2016 4,0003,500 7.0
Inventory and 2015 was . at a mid level compared with February of 2016 3,5003,000 6.0 and 2015 . 3,0002,500
5.0 2,5002,000
4.0 A comparatively lower MSI is more beneficial for sellers while a 2,0001,500
3.0
A higher comparatively MSI is better lower for MSI buyers is more . The beneficial February for sellers 2017 MSI while of a 5.91,5001,000 higher MSI is better for buyers . The February 2017 MSI of 5.9 1,000
2.0 months was at its highest level compared with February of 2016 500 months and 2015 was . at its highest level compared with February of 2016 500 0
1.0 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
A 14 M J F M15A M J
F M16 A M J
F 17
925 959 1,054 1,247 1,125 1,186 1,027 928 782 1,026 619 676 969 920 1,015 1,224 1,197 1,172 958 871 707 1,022 578 654 924 907 1,089 1,209 1,031 1,038 751 682 619 711 477 550
2,514 2,544 2,676 2,778 2,772 2,645 2,508 2,430 2,301 2,266 2,423 2,613 2,644 2,831
M
14
925 959 1,054 1,247 1,125 1,186 1,027 928 782
2,514 2,544 2,676 2,778 2,772 2,645 2,508 2,430 2,301
J A S O N D J
15
1,026 619
2,266 2,423
Number of Properties Sold
676
2,613 2,644
969
2,831
3,020
3,219 920 1,015 1,224 1,197 1,172 958 871
3,403 3,323 3,263 3,279 3,141 3,021 3,190 3,280 3,507 3,639
J A S O N D J
16
707 1,022
3,020 3,219 3,403 3,323 3,263 3,279 3,141 3,021 3,190 578 654 924 907 1,089 1,209 1,031 1,038 751
3,713 3,280
4,035 3,507
4,202 3,639 4,155 3,934 3,749 3,536 3,316 3,249 3,244
J A S O N D J
17
682 619
3,713 4,035 4,202 4,155 3,934 3,749 3,536 3,316
3 Mo Avg
711 477
3,249 3,244
550
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
12 | 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 .