HOU ARCHIVED July 2016 | Page 10

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
$ 259,764
9 %
8 %
Average List Price of all Current Listings
$ 311,716
4 %
1 %
July Median Sales Price
$ 253,500
4 %
2 %
7 %
23 %
$ 239,900
17 %
16 %
July Average Sales Price
$ 261,921
12 %
4 %
7 %
17 %
$ 244,117
9 %
9 %
Total Properties Currently for Sale ( Inventory )
186
16 %
39 %
July Number of Properties Sold
37
-29%
-33%
304
6 %
July Average Days on Market ( Solds )
43
13 %
0 %
-33% -25%
46
-19%
-19%
Asking Price per Square Foot ( based on New Listings )
$ 116
5 %
5 %
6 %
7 %
$ 110
2 %
2 %
July Sold Price per Square Foot
$ 109
6 %
5 %
10 %
14 %
$ 101
9 %
6 %
July Month ' s Supply of Inventory
5.0
62 %
34 % 106 %
47 %
3.6
21 %
6 %
July Sale Price vs List Price Ratio
97.0 %
. 7 %
. 0 %
. 8 %
. 9 %
97.0 %
0 %
1 %
* LM = Last Month / L3M = Last 3 Months / PYM = Same Month Prior Year / LY = Last Year ( 2015 ) / YTD = Year-to-date

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Community Information | School District

Property Sales July Property sales were 37 , down 32.7 % from 55 in July of 2015 and 28.8 % lower than the 52 sales last month . July 2016 sales were at their lowest level compared to July of 2015 and 2014 . July YTD sales of 304 are running 6.3 % ahead of last year ' s yearto-date sales of 286 .
Prices The Median Sales Price in July was $ 253,500 , up 7.4 % from $ 236,000 in July of 2015 and up 4.1 % from $ 243,537 last month . The Average Sales Price in July was $ 261,921 , up 7.4 % from $ 243,828 in July of 2015 and up 11.6 % from $ 234,614 last month . July 2016 ASP was at the highest level compared to July of 2015 and 2014 .
70 60 50 40 30 20 10 0
290 270 250 230 210 190 170 150
70 60 50 40 30 20 10 0
Number of Properties Sold
49 35 30 26 39 20 36 29 46 43 46 44 48 43 42 42 31 24 37 44 45 36 45 55 50 60 22 28 40 38 33 51 47 46 52 37
A 13
290 270 250 230 210 190 170
49
A
35 30 26 39
13
S
O N D
J
14
20
S O N D J
36 29 46 43 46 44 48 43 42 42
14
F M A M
J
J
A
S
O N D
J
15
15
F M A M
J
J
A
S
O N D
J
16
Median Sales Price and Average Sales Price
31
3 Mo Avg
3 Mo Avg
150
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
A 13
S13O 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
24 37 44 45 36
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
16
F M A M
J
J
45 55 50 60 22 28 40 38 33 51 47
3 Mo Avg
46 52 37
3 Mo Avg
J
Inventory & MSI The Total Inventory of Properties available for sale as of July was 186 , up 15.5 % from 161 last month and up 38.8 % from 134 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 5.0 months was at its highest level compared with July of 2015 and 2014 .
250
250 200
200 150
150
100 100 50
196 200 200
Total Inventory & Month ' s Supply of Inventory ( MSI )
196 200 200
178 163
159 178
160 163
163 159
160 160
148 163
137 160
145 148
140 137 132 145
50
113 140
112 132
107 113
109 112
99 107 113 109 113 99 126 122
113
113 134
137 126
134 122
145 134
142 137
133 134
141 145
139 142
133 152
147 141
144 139 161 152
9.0 8.0 7.0 6.0 5.0 4.0 3.0 2.0 1.0 0.0
F M A M J
0 0
A S
A O
S N
O D
N J
D F M
J
A
F M
J
A M J A
J
S
J
O
A
N
S D
O J
N F
D M
J A
F M
M J
A J
M A
J S O
J A N D
S O J
N F M
D
A
J M J J
13 13 14 14
15 15
16 16
186 147 144
161 186
J
9.0 8.0 7.0 6.0 5.0 4.0 3.0 2.0 1.0 0.0
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