HOU ARCHIVED February 2017 | Page 18

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

County : Harris

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
$ 305,000
2 %
-1%
Average List Price of all Current Listings
$ 457,257
3 %
1 %
February Median Sales Price
$ 201,495
8 %
0 %
7 %
0 %
$ 195,000
5 %
-3%
February Average Sales Price
$ 283,424
5 %
-2%
7 %
0 %
$ 277,238
7 %
-2%
Total Properties Currently for Sale ( Inventory )
13,220
0 %
-4%
February Number of Properties Sold
2,452
19 %
-20%
4,515
-21%
February Average Days on Market ( Solds )
59
0 %
5 %
4 %
18 %
59
4 %
18 %
Asking Price per Square Foot ( based on New Listings )
$ 142
-1%
2 %
1 %
4 %
$ 143
2 %
4 %
February Sold Price per Square Foot
$ 123
5 %
0 %
10 %
3 %
$ 120
8 %
1 %
February Month ' s Supply of Inventory
5.4 -16%
1 %
20 %
30 %
5.9
25 %
42 %
February Sale Price vs List Price Ratio
95.2 %
. 7 %
. 3 %
. 1 %
-. 4 %
94.9 %
-0%
-1%
* LM = Last Month / L3M = Last 3 Months / PYM = Same Month Prior Year / LY = Last Year ( 2016 ) / YTD = Year-to-date
Property Sales
6,000 February Property sales were 2,452 , down 19.6 % from 3,051 in February of 2016 and 18.9 % higher than the 2,063 sales last
5,000 Property month . February Sales 2017 sales were at their lowest level compared 6,000 February to February Property of 2016 sales and were 2015 2,452 . February , down 19.6 YTD % from sales 3,051 of 4,515 in are February of 2016 and 18.9 % higher than the 2,063 last
4,000
running 20.8 % behind last year ' s year-to-date sales of 5,702 . 5,000 month . February 2017 sales were at their lowest level compared
to February of 2016 and 2015 . February YTD sales of 4,515 are 3,000 4,000 running 20.8 % behind last year ' s year-to-date sales of 5,702 . 2,000
3,000
1,000 2,000

Harris

Number of Properties Sold
1,000 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
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 $ 201,495 , up 7.2 %
350
Prices from $ 188,000 in February of 2016 and up 7.8 % from Median Sales Price and Average Sales Price
3 Mo Avg The $ 187,000 Median last Sales month Price . in The February Average was Sales $ 201,495 Price , in up February 7.2 % was
330
350 from $ 283,424 $ 188,000 , up in 7.0 February % from $ of 264,960 2016 and in up February 7.8 % from of 2016 and up 310 $ 5.0 187,000 % from last $ 269,886 month . The last Average month . Sales February Price in 2017 February ASP was was at the
330 290
$ highest 283,424 level , up 7.0 compared % from $ to 264,960 February in February of 2016 and of 2016 2015 and . up 310 270 5.0 % from $ 269,886 last month . February 2017 ASP was at the 290 250 highest level compared to February of 2016 and 2015 .
270 230 250
210 230
190 210
170 190
150 170
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 13,220 of Properties , up 0.3 % from available 13,175 for last sale month as of and down 18,000
7.0
February 4.0 % from was 13,765 13,220 in , up February 0.3 % from of last 13,175 year last . February month and 2017 down 18,000 16,000
7.0 6.0
4.0 Inventory % from 13,765 was at in a February mid level of compared last year . with February February 2017 of 2016 16,000 14,000
6.0 5.0
Inventory and 2015 was . at a mid level compared with February of 2016 14,000 12,000 5.0 and 2015 .
12,000 10,000 4.0
10,0008,000
4.0 3.0
A comparatively lower MSI is more beneficial for sellers while a 8,0006,000
3.0 2.0
A higher comparatively MSI is better lower for MSI buyers is more . The beneficial February for sellers 2017 MSI while of a 5.4 6,0004,000 2.0 higher months MSI was is better at its highest for buyers level . The compared February with 2017 February MSI of 5.4 of 20164,0002,000 1.0 months was at its highest level compared with February of 2016 2,000 1.0 and 2015 . 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
A 14 M J F M15A M J
F M 16 A M J
F 17
3,893 4,153 4,653 4,829 4,898 4,704 4,167 4,351 3,353 4,257 2,589 2,899 3,904 4,141 4,284 4,909 5,065 4,582 4,281 3,765 2,986 4,019 2,651 3,051 3,979 4,073 4,587 4,865 4,469 4,182 3,311 2,957 2,606 3,092 2,063 2,452
10,933 11,057 11,448 11,530 11,755 11,501 10,941 10,902 10,400 9,843 10,581 10,935 11,054 11,561 12,049
M
14
3,893 4,153
Agent Name
Title Phone Website Other

Community Information | School District

4,653 4,829 4,898 4,704 4,167 4,351 3,353
J A S O N D J
15
4,257 2,589
Number of Properties Sold
2,899 3,904
10,933 11,057 11,448 11,530 11,755 11,501 10,941 10,902 10,400 9,843 10,581 10,935 11,054 11,561 4,141 4,284 4,909 5,065 4,582 4,281 3,765
12,572 13,755 13,880 14,100 14,130 13,697 12,768 13,112 13,765
J A S O N D J 16
2,986
12,049
12,572 13,755 13,880 14,100 14,130 13,697 12,768 4,019 2,651 3,051 3,979 4,073 4,587 4,865 4,469 4,182
14,372
14,558 13,112
14,793 13,765 15,474 15,680 15,617 15,527 15,089 14,473
13,262 13,175 13,220
J A S O N D J 17
3 Mo Avg
3,311 2,957 2,606
14,372 14,558 14,793 15,474 15,680 15,617 15,527 15,089 14,473
13,262
3 Mo Avg
3,092 2,063
13,175 13,220
2,452
Copyright © CB United , Realtors | Price Range : All | Property Types : SFH - Con
18 | 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 .