HOU ARCHIVED February 2017 | Page 6

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

County : Austin

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
$ 255,000
2 %
28 %
Average List Price of all Current Listings
$ 313,740
8 %
36 %
February Median Sales Price
$ 159,000
-5%
-1%
-4%
-14%
$ 161,595
-2%
-13%
February Average Sales Price
$ 203,154
17 %
5 %
21 %
4 %
$ 190,018
9 %
-2%
Total Properties Currently for Sale ( Inventory )
87
2 %
53 %
February Number of Properties Sold
13
30 %
18 %
23
0 %
February Average Days on Market ( Solds )
108
27 %
26 %
19 %
46 %
98
53 %
32 %
Asking Price per Square Foot ( based on New Listings )
$ 137
14 %
11 %
16 %
18 %
$ 130
19 %
12 %
February Sold Price per Square Foot
$ 105
13 %
1 %
21 %
1 %
$ 99
8 %
-5%
February Month ' s Supply of Inventory
6.7 -21% -31% 29 %
-11%
7.6
47 %
1 %
February Sale Price vs List Price Ratio
89.7 % -5.3% -1.7% -1.2% -3.4%
91.8 %
1 %
-1%
* LM = Last Month / L3M = Last 3 Months / PYM = Same Month Prior Year / LY = Last Year ( 2016 ) / YTD = Year-to-date
Property Sales February Property sales were 13 , up 18.2 % from 11 in February
of 2016 and 30.0 % higher than the 10 sales last month . Property February 2017 Sales sales were at their highest level compared to 30
February Property of 2016 sales and 2015 were . 13 February , up 18.2 % YTD from sales 11 in of February 23 are of running 2016 and equal 30.0 % to higher last year than ' s year-to-date the 10 sales last sales month of 23 ..
25
February 2017 sales were at their highest level compared to February of 2016 and 2015 . February YTD sales of 23 are
20 running equal to last year ' s year-to-date sales of 23 .
15
30
25
20
15
10

Austin

Agent Name
Title Phone Website Other

Community Information | School District

Number of Properties Sold
Number of Properties Sold
3 Mo Avg
3 Mo Avg
Prices The Median Sales Price in February was $ 159,000 , down 3.6 %
Prices from $ 165,000 in February of 2016 and down 4.6 % from The $ 166,748 Median last Sales month Price . in The February Average was Sales $ 159,000 Price in , down February 3.6 % was
300 from $ 203,154 $ 165,000 , up 20.9 in February % from of $ 167,982 2016 and in down February 4.6 % of from 2016 and up $ 17.5 166,748 % from last $ month 172,942 . The last Average month . Sales February Price in 2017 February ASP was at the $ highest 203,154 , level up 20.9 compared % from to $ 167,982 February in February of 2016 and of 2016 2015 and . up 250 17.5 % from $ 172,942 last month . February 2017 ASP was at the highest level compared to February of 2016 and 2015 . 200
10
5
0
5
0
24
13 24 13 19 17 13 20 14 20 8 14 3 11 11 15 18 17 24 18 21 16 19 16 12 11 15 11 14 17 18 18 9 10 6 7 10 13
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
19 17 13 20 14 20 8 14 3 11 11 15 18 17 24 18 21 16 19 16 12 11 15 11 14 17 18 18 9 10 6 7 10 13
M A M J 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 14
15 16
17 3 Mo Avg
300 Median Sales Price and Average Sales Price
3 Mo Avg
250
200
150
150 100
100 50
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 50
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 87 , up of Properties 2.4 % from available 85 last month for sale and as of up 52.6 % 120
35.0
February from 57 was in February 87 , up 2.4 of % last from year 85 . last February month and 2017 up Inventory 52.6 % was 120 100
35.0 30.0 from at its 57 highest in February level of compared last year . with February February 2017 of Inventory 2016 and was 2015 . 100
30.0 25.0 80 at its highest level compared with February of 2016 and 2015 . 25.0
80 20.0
60
20.0 15.0
60 A comparatively lower MSI is more beneficial for sellers while a 40
15.0 10.0
A higher comparatively MSI is better lower for MSI buyers is more . The beneficial February for sellers 2017 MSI while of a 6.7 40 20
10.0 higher months MSI was is better at a mid for level buyers compared . The February with February 2017 MSI of of 2016 6.7 and
5.0 20 months was at a mid level compared with February of 2016 and 5.0
2015 . 0
0.0
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
100 103
100
108 103 97
108 103
97 98
103 96
98 88
96 88 85 85
86 99 87
85 85 86 87
95
95
99 92 97
92 97 94 97 96
94 76
97 66
96
76
61
62 66 61 62 57
73 60 61
57 60 61 62
80 95 97
80 95
62 73
109 95 97 97
95 109
85 87
97
85
87
Copyright © CB United , Realtors | Price Range : All | Property Types : SFH - Con
6 | 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 .