HOU ARCHIVED July 2016 | Page 14

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
$ 1,550,000
0 %
3 %
Average List Price of all Current Listings
$ 1,956,407
0 %
1 %
July Median Sales Price
$ 1,358,500
-1%
0 %
-4%
-3%
$ 1,359,750
-3%
-3%
July Average Sales Price
$ 1,619,853
-0%
-1%
-5%
-3%
$ 1,657,490
-1%
-1%
Total Properties Currently for Sale ( Inventory )
1,147
-2%
26 %
July Number of Properties Sold
114
-25%
-20%
688
-11%
July Average Days on Market ( Solds )
84
5 %
9 %
33 %
15 %
79
23 %
8 %
Asking Price per Square Foot ( based on New Listings )
$ 374
6 %
3 %
1 %
1 %
$ 366
0 %
-1%
July Sold Price per Square Foot
$ 348
0 %
0 %
1 %
0 %
$ 348
-1%
0 %
July Month ' s Supply of Inventory
10.1
30 %
9 %
58 %
10 %
12.5
52 %
36 %
July Sale Price vs List Price Ratio
93.2 %
. 8 %
. 4 %
-. 1 % -1.5%
92.8 %
-3%
-2%
* LM = Last Month / L3M = Last 3 Months / PYM = Same Month Prior Year / LY = Last Year ( 2015 ) / YTD = Year-to-date

Harris

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Community Information | School District

3 Mo Avg
Property Sales July Property sales were 114 , down 20.3 % from 143 in July of 2015 and 25.0 % lower than the 152 sales last month . July 2016 sales were at their lowest level compared to July of 2015 and 2014 . July YTD sales of 688 are running 11.0 % behind last year ' s year-to-date sales of 773 .
Prices The Median Sales Price in July was $ 1,358,500 , down 3.8 % from $ 1,412,500 in July of 2015 and down 1.2 % from $ 1,375,000 last month . The Average Sales Price in July was $ 1,619,853 , down 5.2 % from $ 1,708,576 in July of 2015 and down 0.1 % from $ 1,621,153 last month . July 2016 ASP was at the lowest level compared to July of 2015 and 2014 .
Inventory & MSI The Total Inventory of Properties available for sale as of July was 1,147 , down 2.5 % from 1,176 last month and up 26.0 % from 910 in July of last year . July 2016 Inventory was at its highest 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 10.1 months was at its highest level compared with July of 2015 and 2014 .
180
160
Number of Properties Sold
3 Mo Avg
180
140
160
120
140
100
120
80
100
60
80
40
60
20
40
0
20
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
0
13
14
15
16
A
S
13
O N D
J
F M A
Median M J
J
A Sales
S
O N Price D
J
F and M A MAverage J
J A SSales
O N DPrice
J
F M A M J
14
15
16
J
3 Mo Avg
2,000
1,900
2,000
Median Sales Price and Average Sales Price
3 Mo Avg
1,800
1,900
1,800
1,700
1,7001,600
1,6001,500
1,5001,400
1,4001,300
1,300
A
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
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
J
13
14
15
16
Total Inventory & Month ' s Supply of Inventory ( MSI )
1,400
Total Inventory & Month ' s Supply of Inventory ( MSI )
25.0
1,4001,200
121 79 62 63 90 46 57 84 115 145 145 118 110 110
121 79 62 63 90 46 57 84 115 145 145 118 110 110 86 79 104 65 65 110 108 125 157 143 107 96 89 71 94 47 62 91 104 118 152 114
566 618 609 573 518 546 566 588 635 640 627 669 625 635 688 669 663 86 79
1,2001,000
20.0
1,000
800
800
600
15.0
600
400
10.0
400
200
200
0
5.0
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 M0.0J
J
A
S
13 O N D
J
F
14 M A M J
J
A S O N D
J
F M15A M J
J
A S O N D
J
F M A16M J
J
13
14
15
16
566 618 609 573 518 546 566 588 635 640 627 669 625 635 688 669 663
104
711 776 830
65 65 110 108 125
862
711
882 776 887 910 922 952
157 143 107 96 89
830 862 882 887 910 922 952 989 953
989
953 869 915 1,017
1,125
71 94 47 62
1,169 1,174 1,176 1,147
869 915 1,017
91
1,125 1,169 1,174
104
25.0
118
1,176
1,147 152 114
20.0
15.0 10.0 5.0 0.0
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