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 |
$ 308,000 |
3 % |
|
18 % |
|
|
|
|
Average List Price of all Current Listings |
$ 391,434 |
2 % |
|
16 % |
|
|
|
|
June Median Sales Price |
$ 218,875 |
2 % |
2 % |
4 % |
9 % |
$ 210,000 |
6 % |
5 % |
June Average Sales Price |
$ 251,154 |
-0% |
3 % |
3 % |
7 % |
$ 241,672 |
3 % |
3 % |
Total Properties Currently for Sale ( Inventory ) |
1,790 |
4 % |
|
-6% |
|
|
|
|
June Number of Properties Sold |
582 |
1 % |
|
8 % |
|
2,806 |
8 % |
|
June Average Days on Market ( Solds ) |
55 |
0 % |
-5% |
-2% |
-11% |
61 |
-6% |
-2% |
Asking Price per Square Foot ( based on New Listings ) |
$ 138 |
-4% |
-2% |
10 % |
6 % |
$ 142 |
9 % |
9 % |
June Sold Price per Square Foot |
$ 122 |
-1% |
1 % |
3 % |
7 % |
$ 119 |
4 % |
4 % |
June Month ' s Supply of Inventory |
3.1 |
3 % |
-4% |
-13% -24% |
3.8 |
-10% |
-5% |
June Sale Price vs List Price Ratio |
95.9 % |
-. 1 % |
. 3 % |
-. 1 % |
1.0 % |
95.2 % |
-0% |
0 % |
* LM = Last Month / L3M = Last 3 Months / PYM = Same Month Prior Year / LY = Last Year ( 2015 ) / YTD = Year-to-date
Galveston
Agent Name
Title Phone Website Other
Community Information | School District
3 Mo Avg
Property Sales June Property sales were 582 , up 8.0 % from 539 in June of 2015 and 0.9 % higher than the 577 sales last month . June 2016 sales were at their highest level compared to June of 2015 and 2014 . June YTD sales of 2,806 are running 7.6 % ahead of last year ' s year-to-date sales of 2,607 .
Prices The Median Sales Price in June was $ 218,875 , up 4.4 % from $ 209,590 in June of 2015 and up 1.8 % from $ 215,000 last month . The Average Sales Price in June was $ 251,154 , up 2.8 % from $ 244,408 in June of 2015 and down 0.5 % from $ 252,321 last month . June 2016 ASP was at the highest level compared to June of 2015 and 2014 .
600 700
500 600
400 500
300
400
300 200
200 100 100
0
700
0
Number of Properties Sold
543 523 404 416 324 389 260 354 417 497 516 560 550 573 455 460 381 426 284 360 453 484 487 539 590 515 503 445 333 437 281 366 511 489 577 582
J 13
290
290 270
270 250
250 230
230 210
210 190
190 170
543
J
523 404 416 324 389
260
A S O N D J
354 417 497 516 560 550 573 455 460
14 |
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F M A M J |
J |
A |
S |
O N D |
J |
|
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15 |
15 |
|
|
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|
F M A M J |
J |
A |
S |
O N D |
J |
|
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|
16 |
Median Sales Price and Average Sales Price
381
3 Mo Avg
3 Mo Avg
|
170
150
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
150 |
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 |
|
|
|
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|
15 |
|
|
|
|
|
16 |
|
426 284 360 453 484
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 |
487 539 590 515 503 445 333 437 281 366 511 489 577 582
3 Mo Avg
Inventory & MSI The Total Inventory of Properties available for sale as of June was 1,790 , up 4.3 % from 1,717 last month and down 5.8 % from 1,901 in June of last year . June 2016 Inventory was at its lowest 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 3.1 months was at its lowest level compared with June of 2015 and 2014 .
Total Inventory & Month ' s Supply of Inventory ( MSI )
3,000 3,000
2,500 2,500
2,000 2,000
1,500 1,500
1,000 1,000
500 500
0 0
J 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 J
13 13 14 14
15 15
16 16
2,428 2,586 2,611 2,549 2,438 2,312
2,428 2,586 2,611 2,549 2,438 2,312 2,197 2,207 2,217
2,197 2,207 2,217 2,224 2,173 2,137 2,160 2,107 2,024 1,911
2,224 2,173 2,137 2,160 2,107 2,024 1,911 1,820 1,682
1,820 1,682 1,695 1,732 1,712 1,759 1,868 1,901
1,695 1,732 1,712 1,759 1,868 1,901 1,911 1,885 1,818 1,770 1,671 1,547 1,610 1,617 1,708
4.0 3.0 2.0 1.0 0.0
F M A M J
1,731 1,717 1,790
9.0 8.0 7.0 6.0 5.0
1,911 1,885 1,818 1,770 1,671 1,547 1,610 1,617 1,708 1,731
1,717
1,790
9.0 8.0 7.0 6.0 5.0 4.0 3.0 2.0 1.0 0.0
14 | c o l d w e l l b a n k e r h o m e s . c o m