HOU ARCHIVED June 2016 | Page 24

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
$ 349,900
0 %
6 %
Average List Price of all Current Listings
$ 481,917
1 %
2 %
June Median Sales Price
$ 250,265
-2%
2 %
-2%
5 %
$ 240,000
0 %
0 %
June Average Sales Price
$ 295,195
-6%
0 %
-13%
-2%
$ 293,753
-5%
-3%
Total Properties Currently for Sale ( Inventory )
3,902
-0%
11 %
June Number of Properties Sold
988
8 %
-6%
4,521
-1%
June Average Days on Market ( Solds )
64
5 %
-2%
21 %
10 %
67
18 %
16 %
Asking Price per Square Foot ( based on New Listings )
$ 126
1 %
0 %
2 %
2 %
$ 125
-1%
1 %
June Sold Price per Square Foot
$ 113
-2%
0 %
-4%
1 %
$ 111
-2%
-1%
June Month ' s Supply of Inventory
3.9
-8%
-11% 19 %
-12%
5.3
25 %
17 %
June Sale Price vs List Price Ratio
95.3 %
. 2 %
. 4 %
-. 8 %
. 2 %
94.7 %
-1%
-0%
* LM = Last Month / L3M = Last 3 Months / PYM = Same Month Prior Year / LY = Last Year ( 2015 ) / YTD = Year-to-date

Montgomery

Agent Name
Title Phone Website Other

Community Information | School District

3 Mo Avg
1,200
Property Sales
1,200
1,000
June Property sales were 988 , down 6.0 % from 1,051 in June of 2015 and 8.2 % higher than the 913 sales last month . June 2016
1,000 800 sales were at a mid level compared to June of 2015 and 2014 . June YTD sales of 4,521 are running 1.0 % behind last year ' s yearto-date sales of 4,568 .
800 600
600 400
Number of Properties Sold
3 Mo Avg
Prices The Median Sales Price in June was $ 250,265 , down 1.9 % from $ 255,000 in June of 2015 and down 1.6 % from $ 254,240 last month . The Average Sales Price in June was $ 295,195 , down 13.0 % from $ 339,176 in June of 2015 and down 5.8 % from $ 313,409 last month . June 2016 ASP was at the lowest level compared to June of 2015 and 2014 .
400 200
200
0
340
978 935 742 726 620 670 468 546 722 787 912 938 975 898 797 761 598 787 499 583 773 790 872 1,051 981 902 822 723 584 797 475 569 812 764 913 988
J 13
340 320
320 300
300 280
280 260
260 240
240 220
0
978
J
935 742 726 620
13
A
S O N D
J
14
670 468
A S O N D J
546 722 787 912 938 975 898 797 761
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
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
598 787 499 583 773 790
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
872 1,051 981 902 822 723 584 797 475 569 812 764 913 988
3 Mo Avg
Inventory & MSI The Total Inventory of Properties available for sale as of June was 3,902 , down 0.4 % from 3,919 last month and up 11.5 % from 3,501 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 3.9 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 J 13
2,893 3,148 3,144 2,963 2,810
2,893 3,148 3,144 2,963 2,810 2,647 2,459 2,505
Total Inventory & Month ' s Supply of Inventory ( MSI )
2,647 2,459 2,505 2,501 2,649
2,501 2,649 2,778 2,877 2,957
2,778 2,865
2,877 2,782
2,957 2,768
2,865 2,753
2,782 2,628
2,768
2,666 2,753 2,876 2,628
3,018 2,666 3,213
2,876 3,304
3,789 3,754 3,792 3,790 3,698
3,018 3,501 3,213 3,304 3,501
3,486 3,498 3,597 3,793 3,880 3,919 3,902
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 14 14
15 15
16 16
8.0
7.0
3,789 3,754 3,792 3,790 3,698 3,486 3,498 3,597 3,793 3,880
6.0
3,919
3,902
5.0 4.0 3.0 2.0 1.0 0.0
F M A M J
8.0 7.0 6.0 5.0 4.0 3.0 2.0 1.0 0.0
24 | c o l d w e l l b a n k e r h o m e s . c o m