HOU ARCHIVED July 2016 | Page 16

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
$ 192,450
20 %
28 %
Average List Price of all Current Listings
$ 227,480
11 %
16 %
July Median Sales Price
$ 159,500
36 %
10 %
3 %
34 %
$ 139,250
9 %
17 %
July Average Sales Price
$ 151,929
15 %
-5%
-9%
1 %
$ 150,159
-5%
0 %
Total Properties Currently for Sale ( Inventory )
40
-7%
-22%
July Number of Properties Sold
14
180 %
56 %
46
-23%
July Average Days on Market ( Solds )
75
97 %
10 %
15 %
-19%
76
-20%
-18%
Asking Price per Square Foot ( based on New Listings )
$ 104
8 %
8 %
7 %
21 %
$ 96
8 %
12 %
July Sold Price per Square Foot
$ 90
2 %
6 %
-3%
14 %
$ 80
-4%
1 %
July Month ' s Supply of Inventory
2.9
-67% -56% -50% -52%
9.0
65 %
51 %
July Sale Price vs List Price Ratio
90.2 % -5.5% -2.5% -6.4%
-. 6 %
91.3 %
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

16
Property Sales
July Property sales were 14 , up 55.6 % from 9 in July of 2015 and 180.0 % higher than the 5 sales last month . July 2016 sales were at their highest level compared to July of 2015 and 2014 . July
YTD sales of 46 are running 23.3 % behind last year ' s year-todate sales of 60 .
16
14
12
10
14
12
10
8
Number of Properties Sold
3 Mo Avg
8
6
6
4
4
2
2
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
0
13
14
15
16
A
S
13
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
14
Median Sales Price
15 and Average Sales Price
16
J
J
3 Mo Avg
Prices
The Median Sales Price in July was $ 159,500 , up 2.9 % from
$ 155,000 in July of 2015 and up 36.3 % from $ 117,000 last month . The Average Sales Price in July was $ 151,929 , down 9.1 % from $ 167,156 in July of 2015 and up 15.3 % from $ 131,800 last month . July 2016 ASP was at a mid range compared to July of 2015 and 2014 .
300
300
250
250
200
200
150
Median Sales Price and Average Sales Price
3 Mo Avg
150
100
100
50
50
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
A
S13O 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
16 A M J
J
13
14
15
16
Total Inventory & Month ' s Supply of Inventory ( MSI )
Inventory & MSI
Total Inventory & Month ' s Supply of Inventory ( MSI )
The Total Inventory of Properties available for sale as of July was 40 , down 7.0 % from 43 last month and down 21.6 % from 51 in July of last year . July 2016 Inventory was at its lowest 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 2.9 months was at its lowest level compared with July of 2015 and
2014 .
80
70
60
50
40
30
20
10
0
80
70
60
50
40
30
20
10
0
25.0
20.0
15.0
10.0
5.0
25.0
20.0
15.0
10.0
5.0
0.0
66
A
13
4 6 73
73
66 73
72 5 73
7 72
4 69
7 69
69 69 69 69
6
69
4 6 5 7 4 7 6 5 3
5 11
69
62 61 63
3
62 61 58
11 63 54
9
9 8 6
8 14
58 54
50 48
6 50
14
48 9 7 4
43 41 40 46 42 45 45
40
43 41 40 42 40
7 7
9 7 4 7 7 6 7
6 7 57
51 46 45
12
45 50
42 12 51
9
12 12 9 7 8 14
57 7
42 48
45 44
8 50
14
45 4
44 48
9 44
3 47
44 47 46 47
43
0.0
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
J O
A N D
S O J
N F M
D
A
J
M
F
J
M
J
A M J J
13 14 14
15 15
16 16
3 46
40 9
4 9 3 3 9 6 6 5
47 6 14
43
3 Mo Avg
6
40 5 14
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