HOU ARCHIVED February 2017 | Page 8

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

County : Brazoria

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
$ 280,000
4 %
3 %
Average List Price of all Current Listings
$ 308,496
4 %
2 %
February Median Sales Price
$ 223,900
4 %
0 %
2 %
2 %
$ 220,000
1 %
0 %
February Average Sales Price
$ 231,539
-2%
-2%
-2%
-2%
$ 233,688
2 %
-1%
Total Properties Currently for Sale ( Inventory )
991
-0%
12 %
February Number of Properties Sold
249
35 %
-6%
434
-10%
February Average Days on Market ( Solds )
53 -13% -4%
-4%
10 %
56
4 %
17 %
Asking Price per Square Foot ( based on New Listings )
$ 118
5 %
4 %
11 %
9 %
$ 115
7 %
6 %
February Sold Price per Square Foot
$ 104
-1%
0 %
6 %
2 %
$ 105
8 %
3 %
February Month ' s Supply of Inventory
4.0 -26% -12% 19 %
21 %
4.7
26 %
43 %
February Sale Price vs List Price Ratio
96.3 %
1.3 %
. 7 %
. 2 %
-. 1 %
95.8 %
-0%
-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 249 , down 5.7 % from 264 in
February of 2016 and 34.6 % higher than the 185 sales last Property month . February Sales 2017 sales were at a mid level compared to
February Property of 2016 sales and 2015 were . 249 February , down 5.7 YTD % from sales 264 of 434 in are February running of 10.0 2016 % behind and 34.6 last % higher year ' s than year-to-date the 185 sales last of 482 .
month . February 2017 sales were at a mid level compared to February of 2016 and 2015 . February YTD sales of 434 are running 10.0 % behind last year ' s year-to-date sales of 482 .
500
400
450 350
400 300
350 250
300 200
250 150
200 100 150

Brazoria

Agent Name
Title Phone Website Other

Community Information | School District

500 450
50
Number of Properties Sold
100
0
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
0
14
15
16
17
Prices
M
A M J
The Median Sales Price in February was $ 223,900 , up 2.2 %
14
250
Prices from $ 219,000 in February of 2016 and up 4.1 % from $ 215,000
The last Median month . Sales The Price Average in February Sales Price was in $ 223,900 February , up was 2.2 $ % 231,539 ,
240
250 from down $ 219,000 2.0 % from in February $ 236,275 of in 2016 February and up of 4.1 2016 % from and $ down 215,000 2.1 %
230 last from month $ 236,582 . The Average last month Sales . February Price in February 2017 ASP was was $ 231,539 at a mid ,
240
220 down range 2.0 compared % from $ 236,275 to February in February of 2016 of and 2016 2015 and . down 2.1 %
230
210
J
A S O N
Median D
J
F M ASales M J Price
J A S and O N DAverage
J
F M ASales M J JPrice
A S O N D
J
F
15
16
17
3 Mo Avg
Median Sales Price and Average Sales Price
3 Mo Avg
from $ 236,582 last month . February 2017 ASP was at a mid
220
200
range compared to February of 2016 and 2015 .
210
190
200
180
190
170
180
160
170
150
160
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
Inventory & MSI
14
15
16
17
Total Inventory & Month ' s Supply of Inventory ( MSI )
Inventory
The Total Inventory & MSI of Properties available for sale as of
The
February Total Inventory was 991 , of down Properties 0.4 % from available 995 for last sale month as of and up
February
11.9 % from was 886 991 , in down February 0.4 % from of last 995 year last . month February and 2017 up
11.9
Inventory % from 886 was in at February its highest of level last year compared . February with 2017 February of
Inventory
2016 and was 2015 at . its highest level compared with February of 2016 and 2015 .
1,200
1,2001,000
1,000
800
800
600
Total Inventory & Month ' s Supply of Inventory ( MSI )
6.0
5.0
4.0
6.0
5.0
4.0
3.0
600
A comparatively lower MSI is more beneficial for sellers while a
400
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 4.0
400
200 higher months MSI was is better at its highest for buyers level . The compared February with 2017 February MSI of 4.0 of 2016
200 months and 2015 was . at its highest level compared with February of 2016
0
2.0
1.0
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
A
14 M J
F M15A M J
F
M16 A M J
F
17
317 315 384 431 402 401 324 323 257 329 246 240 344 373 365 398 391 399 385 319 255 330 218 264 363 394 402 430 355 353 311 256 248 249 185 249
1,052 1,082 1,062 1,075 1,056 1,017 959 908 864 794 786
M
14
317 315 384 431 402 401 324 323 257
1,052 1,082 1,062 1,075 1,056 1,017 959 908 864
J A S O N D J
15
329 246
810 763 792 845
911
Number of Properties Sold
240 344 373
1,016 365
794 786 810 763 792 845
398 391 399 385 319
982 961 963 942 902 882 886 869 854 916 1,026
J A S O N D J
16
255 330 218
911 1,016 982 961 963 942 902 882 886 264 363 394
1,107 1,134
869 854 916 402 430 355 353
1,086 1,118 1,074 1,039 995 991
J A S O N D J 17
3 Mo Avg
311 256 248
1,026 1,107 1,134 1,086 1,118 1,074 1,039
3 Mo Avg
249 185
995 991
249
Copyright © CB United , Realtors | Price Range : All | Property Types : SFH - Con
8 | 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 .