HOU ARCHIVED July 2016 | Page 18

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
$ 324,900
2 %
12 %
Average List Price of all Current Listings
$ 473,779
1 %
10 %
July Median Sales Price
$ 213,000
0 %
2 %
6 %
12 %
$ 200,000
4 %
5 %
July Average Sales Price
$ 292,015
-3%
1 %
-0%
5 %
$ 281,204
-1%
1 %
Total Properties Currently for Sale ( Inventory )
14,651
-2%
7 %
July Number of Properties Sold
4,406
-9%
-13%
27,582
-1%
July Average Days on Market ( Solds )
46
0 %
-2%
21 %
0 %
50
14 %
9 %
Asking Price per Square Foot ( based on New Listings )
$ 133
-1%
-3%
4 %
0 %
$ 138
5 %
4 %
July Sold Price per Square Foot
$ 121
-2%
1 %
2 %
4 %
$ 118
1 %
2 %
July Month ' s Supply of Inventory
3.3
8 %
4 %
23 %
1 %
3.7
21 %
14 %
July Sale Price vs List Price Ratio
96.1 %
-. 6 %
-. 1 %
-. 6 %
-. 1 %
95.8 %
-1%
-0%
* 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 4,406 , down 12.9 % from 5,059 in July of 2015 and 9.3 % lower than the 4,857 sales last month . July 2016 sales were at their lowest level compared to July of 2015 and 2014 . July YTD sales of 27,582 are running 0.6 % behind last year ' s year-to-date sales of 27,755 .
6,000
6,000 5,000
5,0004,000
4,0003,000
Number of Properties Sold
3 Mo Avg
3,0002,000
Prices The Median Sales Price in July was $ 213,000 , up 6.5 % from $ 200,000 in July of 2015 and up 0.2 % from $ 212,500 last month . The Average Sales Price in July was $ 292,015 , down 0.2 % from $ 292,458 in July of 2015 and down 2.7 % from $ 300,229 last month . July 2016 ASP was at a mid range compared to July of 2015 and 2014 .
2,0001,000
1,000
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 M J
13
14
15
16
S O N D
J 14
F M A M J
J
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J 15
F M A M J
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J 16
F M A M J
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4,771 3,998 3,963 3,404 3,896 2,679 3,199 3,890 4,152 4,651 4,828 4,897 4,700 4,169 4,346 3,348 4,252 2,584 2,894 3,901 4,140 4,275 4,902 5,059 4,574 4,276 3,762 2,982 4,014 2,645 3,047 3,978 4,068 4,581 4,857 4,406
A
13
4,771 3,998 3,963 3,404 3,896 2,679 3,199 3,890 4,152 4,651 4,828 4,897 4,700 4,169 4,346 3,348
350
330
350
310
330
290
310
270
290
270
250
Median Sales Price and Average Sales Price
3 Mo Avg
250
230
230
210
210
190
190
170
170
150
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
S13O N D
J
F
14 M A M J
J
A
S
O N D
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F M15A M J
J
A
S
O N D
J
F M
16 A M J
J
13
14
15
16
4,252 2,584 2,894 3,901 4,140 4,275 4,902 5,059 4,574 4,276 3,762 2,982 4,014 2,645 3,047 3,978 4,068 4,581 4,857 4,406
J
3 Mo Avg
J
Inventory & MSI The Total Inventory of Properties available for sale as of July was 14,651 , down 2.5 % from 15,019 last month and up 6.9 % from 13,710 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 3.3 months was at its highest level compared with July of 2015 and 2014 .
Total Inventory & Month ' s Supply of Inventory ( MSI )
16,000
16,000 14,000 6.0
14,000 12,000
5.0
12,000 10,000
10,000 4.0
8,000 8,000
3.0
6,000 6,000
4,000 2.0
4,000 2,000
2,000 1.0
0 0
0.0
A S
A O
S N
O D
N J
D F M
J
A
F M
J
A
J
M
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
N
A
D
S O J F
N
M
D
A
J M
F
J
M J
A M J J
13 13 14 14
15 15
16 16
13,963 14,176 13,627 13,010
13,963 14,176 13,627 13,010 11,990 11,326 11,161
11,990 11,326 11,161 10,911 11,034 11,426 11,508 11,733 11,480 10,912 10,875 10,373 9,815 10,551 10,904
10,911 11,034 11,426 11,508 11,733 11,480 10,912 10,875 10,373 9,815 10,551 10,904 11,023 11,522 12,012
11,023 12,525 11,522
13,710 13,831 14,048 14,072 13,635
12,012
12,525 13,710 13,831 14,048 14,072 13,635 12,706 13,030
12,706 13,030 13,662 14,236 14,389 14,545 13,662 15,019 14,236
14,651 14,389 14,545 15,019 14,651
6.0 5.0 4.0 3.0 2.0 1.0 0.0
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