HOU ARCHIVED June 2016 | Page 9

Market Action Report

June 2016

Brazoria

County: Brazoria

Agent Name
Title
Phone
Website
Other

Community Information | School District
Price Range: All | Properties: SFH - Con

Days On Market for Sold Properties
Market Time

The average Days On Market (DOM) shows how many days the
average Property is on the market before it sells. An upward
trend in DOM tends to indicate a move towards more of a
Buyer's market, a downward trend a move towards more of a
Seller's market. The DOM for June was 39, down 13.3% from 45
days last month and down 7.1% from 42 days in June of last year.
The June 2016 DOM was at its lowest level compared with June
of 2015 and 2014.

3 Mo Avg

90
80
70
60
50

42

42

39

40
30
20
10
0

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Selling Price per Square Foot

Selling Price per Square Foot

The Selling Price per Square Foot is a great indicator for the
direction of Property values. Since Median Sales Price and
Average Sales price can be impacted by the 'mix' of high or low
end Properties in the market, the selling price per square foot is a
more normalized indicator on the direction of Property values.
The June 2016 Selling Price per Square Foot of $102 was down
1.1% from $103 last month and up 3.7% from 99 in June of last
year.

150
140
130
120
110
100
90
80
70
60
50

3 Mo Avg

102

99
88

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Selling Price versus Listing Price Ratio

Selling Price vs Original Listings Price

The Selling Price vs Original Listing Price reveals the average
amount that Sellers are agreeing to come down from their
original list price. The lower the ratio is below 100% the more of
a Buyer's market exists, a ratio at or above 100% indicates more
of a Seller's market. The June 2016 Selling Price vs Original List
Price of 97.7% was up from 96.2% last month and up from 97.4%
in June of last year.

3 Mo Avg

Avg Selling Price divided by Avg Listing Price for sold properties during the month
97.6%
97.4%

98%
98%
97%
97%
96%
96%
95%
95%
94%
94%
93%

97.7%

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Inventory / New Listings / Sales

Inventory / New Listings / Sales

948

886

839

883

859

901

880

961

939

980

959

1,015

911

845

792

811

763

786

864

959

1,017

1,075

1,056

1,082

1,096

1,155

1,062

908

794

600

1,052

800

1,133

1,269

1,223

1,000

1,266

1,200

1,259

1,400
1,182

This last view of the market combines monthly inventory of
Properties for sale along with New Listings and Sales. The graph
shows the basic annual seasonality of the market as well as the
relationship between these items. The number of New Listings
in June 2016 was 559, down 3.5% from 579 last month and up
11.1% from 503 in June of last year.

400
200
0
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Copyright © Coldwell Banker | Price Range: All | Property Types: SFH - Con
Data is provided courtesy of Houston Association of REALTORS and may not reflect all relevant real estate activity. Coldwell Banker
does not warrant or guarantee the accuracy of this information. It is the responsibility of any buyer or seller to verify any and all information relevant to such consumer’s real estate transaction.

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