Galveston Community Information | School District
Galveston Community Information | School District
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 |
$ 1,454,950 |
4 % |
|
12 % |
|
|
|
|
Average List Price of all Current Listings |
$ 1,697,831 |
3 % |
|
4 % |
|
|
|
|
July Median Sales Price |
$ 1,718,750 |
51 % |
49 % |
37 % |
35 % |
$ 1,212,500 |
-10% |
-5% |
July Average Sales Price |
$ 1,718,750 |
28 % |
10 % |
37 % |
15 % |
$ 1,477,875 |
-5% |
-1% |
Total Properties Currently for Sale ( Inventory ) |
60 |
0 % |
|
2 % |
|
|
|
|
July Number of Properties Sold |
2 |
-60% |
|
0 % |
|
16 |
-24% |
|
July Average Days on Market ( Solds ) |
184
268 % 55 %
|
1 % |
-17% |
106 |
-59% |
-52% |
Asking Price per Square Foot ( based on New Listings ) |
$ 363 |
19 % |
11 % |
1 % |
4 % |
$ 358 |
3 % |
3 % |
July Sold Price per Square Foot |
$ 353 |
5 % |
-10% |
-0% |
5 % |
$ 394 |
8 % |
17 % |
July Month ' s Supply of Inventory |
30.0
150 % 47 %
|
2 % |
-8% |
27.6 |
-6% |
-15% |
July Sale Price vs List Price Ratio |
87.3 % -12.3% -4.5% |
. 3 % |
. 5 % |
92.6 % |
8 % |
7 % |
* LM = Last Month / L3M = Last 3 Months / PYM = Same Month Prior Year / LY = Last Year ( 2015 ) / YTD = Year-to-date
3 Mo Avg
Property Sales July Property sales were 2 , equal to 2 in July of 2015 and 60.0 % lower than the 5 sales last month . July 2016 sales were at their lowest level compared to July of 2015 and 2014 . July YTD sales of 16 are running 23.8 % behind last year ' s year-to-date sales of 21 .
6
5
4
Number of Properties Sold
3 Mo Avg
3
2
1
Prices The Median Sales Price in July was $ 1,718,750 , up 37.0 % from $ 1,255,000 in July of 2015 and up 51.1 % from $ 1,137,500 last month . The Average Sales Price in July was $ 1,718,750 , up 37.0 % from $ 1,255,000 in July of 2015 and up 28.5 % from $ 1,337,700 last month . July 2016 ASP was at the highest level compared to July of 2015 and 2014 .
0 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 M A M J J 13
14 15
16 3 Mo Avg
Median Sales Price and Average Sales Price
3 Mo Avg
2,000 1,900 1,800 1,700 1,600 1,500 1,400 1,300 1,200 1,100
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 M A M J |
13 |
|
14 |
|
|
|
|
15 |
|
|
|
|
16 |
|
J
4 1 3 2 2 1 0 2 2 3 2 4 3 0 4 0 4 1 1 4 5 4 4 2 1 2 5 1 0 2 0 3 1 3 5 2
Inventory & MSI The Total Inventory of Properties available for sale as of July was 60 , equal to 60 last month and up 1.7 % from 59 in July of last year . July 2016 Inventory was at a mid level compared with July of 2015 and 2014 .
A comparatively lower MSI is more beneficial for sellers while a higher MSI is better for buyers . The July 2016 MSI of 30.0 months was at its highest level compared with July of 2015 and 2014 .
80 70 60 50 40 30 20 10 0
80 70 60 50 40
54
30 20 10 0
A
13
66
63 54 66 61
63 59
61
Total Inventory & Month ' s Supply of Inventory ( MSI )
60 59
66 60 64
66
65 64 65
64
64 64 64
69
69 69 68
69
64 68
59 64
62 59
65 60 58 55 52 53 55
52 63 53
59
50 55 53
50 55 53 62 61
58 54 60 60
44 45
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 |
|
S
13 O N D
|
J 14 |
F
14 M A M J
|
J |
A |
S O N D |
J 15 |
F M15A M J |
J |
A |
S O N D |
J 16 |
F M
16 A M J
|
J |
62
65 60 58
59 63
54 44 45
80.0 70.0 60.0 50.0 40.0 30.0 20.0 10.0
F M A M0.0J
62 61 58 60 60
J
80.0 70.0 60.0 50.0 40.0 30.0 20.0 10.0 0.0
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