HOU ARCHIVED June 2016 | Page 12

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
$ 360,000
0 %
0 %
Average List Price of all Current Listings
$ 423,462
0 %
1 %
June Median Sales Price
$ 290,000
4 %
4 %
1 %
4 %
$ 274,500
-1%
-2%
June Average Sales Price
$ 326,705
5 %
5 %
0 %
5 %
$ 305,925
-1%
-2%
Total Properties Currently for Sale ( Inventory )
3,844
6 %
20 %
June Number of Properties Sold
1,180
9 %
-4%
5,329
-2%
June Average Days on Market ( Solds )
57
-5%
-5%
36 %
10 %
61
24 %
17 %
Asking Price per Square Foot ( based on New Listings )
$ 118
0 %
1 %
3 %
4 %
$ 117
4 %
3 %
June Sold Price per Square Foot
$ 110
1 %
1 %
1 %
2 %
$ 108
2 %
1 %
June Month ' s Supply of Inventory
3.3
-2%
-7%
24 %
-0%
4.1
29 %
26 %
June Sale Price vs List Price Ratio
96.0 %
. 7 %
. 4 %
-. 8 %
. 2 %
95.5 %
-1%
-0%
* 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

3 Mo Avg
Property Sales June Property sales were 1,180 , down 3.6 % from 1,224 in June of 2015 and 8.7 % higher than the 1,086 sales last month . June 2016 sales were at their lowest level compared to June of 2015 and 2014 . June YTD sales of 5,329 are running 1.7 % behind last year ' s year-to-date sales of 5,423 .
Prices The Median Sales Price in June was $ 290,000 , up 0.8 % from $ 287,750 in June of 2015 and up 3.9 % from $ 279,000 last month . The Average Sales Price in June was $ 326,705 , up 0.3 % from $ 325,608 in June of 2015 and up 5.4 % from $ 309,999 last month . June 2016 ASP was at the highest level compared to June of 2015 and 2014 .
1,200 1,400
1,000 1,200
800 1,000
600
800
600 400
400 200 200
1,400
0
340
Number of Properties Sold
1,241 1,186 967 893 766 921 601 708 924 959 1,054 1,247 1,125 1,186 1,027 928 782 1,026 619 676 969 920 1,015 1,224 1,197 1,170 957 871 707 1,022 579 654 923 907 1,086 1,180
J 13
340 320
320 300
300 280
280 260
260 240
240 220
0
1,241
J
1,186 967 893 766
13
A
S O N D
J
14
921 601
A S O N D J
708 924 959 1,054 1,247 1,125 1,186 1,027 928
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
3 Mo Avg
3 Mo Avg
220
200
200
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
S
O N D
J
F M A M J
J
A13S
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
16 A M J
13
14
15
16
782 1,026 619 676 969 920
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
16
F M A M J
1,015 1,224 1,197 1,170 957 871 707 1,022 579 654 923 907 1,086 1,180
3 Mo Avg
Inventory & MSI The Total Inventory of Properties available for sale as of June was 3,844 , up 6.2 % from 3,621 last month and up 19.8 % from 3,208 in June of last year . June 2016 Inventory was at its highest level compared with June of 2015 and 2014 .
A comparatively lower MSI is more beneficial for sellers while a higher MSI is better for buyers . The June 2016 MSI of 3.3 months was at its highest level compared with June of 2015 and 2014 .
4,500 4,5004,000
4,0003,500 3,5003,000 3,000
2,500 2,500
2,000 2,000
1,500 1,500
1,000 1,000
500 500
0
0
2,786 2,897 2,891 2,837 2,675 2,458 2,411 2,482
J
13
2,786 2,897 2,891 2,837 2,675
Total Inventory & Month ' s Supply of Inventory ( MSI )
2,458 2,411 2,482 2,506 2,536 2,668 2,770 2,764 2,636 2,499 2,421
2,506 2,536 2,668 2,770 2,764 2,636 2,499 2,421 2,292 2,257 2,414 2,292 2,603 2,257
2,634 2,414 2,820 3,009 3,208
2,603 2,634
3,390 3,311 3,250 3,263
2,820 3,009
3,123 3,000 3,162 3,247 3,469 3,588 3,621
3,844
0.0
A
J 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 A M J
13 14 14
15 15
16 16
3,208 3,390 3,311 3,250 3,263 3,123 3,000 3,162 3,247
6.0
5.0
3,469 3,588
4.0 3.0 2.0 1.0
3,621
3,844
6.0 5.0 4.0 3.0 2.0 1.0 0.0
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