HOU ARCHIVED July 2016 | Page 7

Market Action Report

July 2016

Brazoria

County: Brazoria

Agent Name
Title
Phone
Website
Other

Community Information | School District
Price Range: $1,000,000 and Up | Properties: SFH - Con

Days On Market for Sold Properties
Market Time

The average Days On Market (DOM) shows how many days the
average Property is on the market before it sells. An upward
trend in DOM tends to indicate a move towards more of a
Buyer's market, a downward trend a move towards more of a
Seller's market. The DOM for July was 0, down 100.0% from 98
days last month and up from 0 days in July of last year. The
July 2016 DOM was at its lowest level compared with July of
2015 and 2014.

3 Mo Avg

250
200
150
100
50
0
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Selling Price per Square Foot

Selling Price per Square Foot

The Selling Price per Square Foot is a great indicator for the
direction of Property values. Since Median Sales Price and
Average Sales price can be impacted by the 'mix' of high or low
end Properties in the market, the selling price per square foot is a
more normalized indicator on the direction of Property values.
The July 2016 Selling Price per Square Foot of $0 was down
100.0% from $181 last month and up from 0 in July of last year.

3 Mo Avg

650
600
550
500
450
400
350
300
250
200
150
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Selling Price versus Listing Price Ratio

Selling Price vs Original Listings Price

The Selling Price vs Original Listing Price reveals the average
amount that Sellers are agreeing to come down from their
original list price. The lower the ratio is below 100% the more of
a Buyer's market exists, a ratio at or above 100% indicates more
of a Seller's market. The July 2016 Selling Price vs Original List
Price of 0.0% was down from 81.5% last month and up from
0.0% in July of last year.

3 Mo Avg

Avg Selling Price divided by Avg Listing Price for sold properties during the month

120%
100%
80%
60%
40%
20%
0%

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9

5
4

4

4

4

4

4

5

6

6

7

8

8

8
7

7

7
6

7
6

6

6
4

4

4

5

5
4

5

5

5

5
3

3

10
9
8
7
6
5
4
3
2
1
0

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Inventory / New Listings / Sales

Inventory / New Listings / Sales

This last view of the market combines monthly inventory of
Properties for sale along with New Listings and Sales. The graph
shows the basic annual seasonality of the market as well as the
relationship between these items. The number of New Listings
in July 2016 was 1, down 50.0% from 2 last month and down
50.0% from 2 in July of last year.

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Copyright © CB United, Realtors | Price Range: $1,000,000 and Up | Property Types: SFH - Con
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.

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