HOU ARCHIVED June 2017 | Page 12

Market Action Report
June 2017
County: Montgomery
MONTGOMERY
Market Action Report
Agent Name
June 2017
Title
Phone
Agent Name
Website
Title Other
Phone
Trending versus*:
Website
Month
LM L3M PYM
LY
Other
$1,499,000
0%
-3%
Community
Information | School District
County: Montgomery
Price Range: $1,000,000 and Up | Properties: SFH - Con
Market Profile & Trends Overview
Median
List Price
all Current
Price
Range: $1,000,000
and Up of
| Properties:
SFH - Con Listings
Trending versus*:
Prior YTD Prior Year
YTD
versus*:
Trending versus*:
$2,031,720 Trending
2%
-4%
Month
LM L3M PYM
LY
YTD
Prior YTD Prior Year
$1,175,000
-7% -3% -3%
-14% $1,249,000
-9%
-9%
$1,499,000 0%
-3%
$1,546,806 18% 5% 20% -11% $1,731,735
3%
-1%
$2,031,720 2%
-4%
209 -5%
-1%
$1,175,000 -7% -3% -3% -14% $1,249,000
-9%
-9%
17 42%
42%
64
7%
$1,546,806 18% 5% 20% -11% $1,731,735
3%
-1%
102
4%
-9%
209 109
-5% 148% 40%
-1% 88% -3%
$292
2%
1%
17
42% -4% 1%
42% 3%
64 $290 7% 6%
June Average
Sold Price
per
$234
June
Days
on Square
Market Foot
(Solds)
109
148% -13%
40% -4%
88% -3%
-3% -18%
102 $305 4% 21% -9% 7%
June Month's
Inventory
Asking
Price per Supply
Square of
Foot
(based on New Listings)
$292 12.3
-4% -33%
1% -31%
3% -30%
2% -49% $290 19.2
6% -6% 1% -20%
June Sold
Sale Price
Price per
vs Square
List Price
Ratio
90.9%
2%
June
Foot
$234
-13% -4.9%
-4% -1.2%
-3% -3.4%
-18% 1.0% $305 91.6%
21% 1% 7%
* LM=Last Month / L3M=Last 3 Months / PYM=Same Month Prior Year / LY=Last Year (2016) / YTD = Year-to-date
June Month's Supply of Inventory
12.3 -33% -31% -30% -49%
19.2
-6%
-20%
of Properties
June Sale Price vs List Price Ratio
90.9% -4.9% -1.2% -3.4% Number
1.0%
91.6%
1% Sold 2%
Average List Price of all Current Listings
Market Profile & Trends Overview
June Median Sales Price
Median List Price of all Current Listings
June Average Sales Price
Average List Price of all Current Listings
Total Properties Currently for Sale (Inventory)
June Median Sales Price
June Number of Properties Sold
June Average Sales Price
June Average Days on Market (Solds)
Total Properties Currently for Sale (Inventory)
Asking
Price of
per Properties
Square Foot
June
Number
Sold (based on New Listings)
3 Mo Avg
* LM=Last Month / L3M=Last 3 Months / PYM=Same Month Prior Year / LY=Last Year (2016) / YTD = Year-to-date
Property Sales
25
June Property sales were 17, up 41.7% from 12 in June of 2016
and 41.7% higher than the 12 sales last month. June 2017 sales
Property Sales
were at a mid level compared to June of 2016 and 2015. June 25 20
June Property sales were 17, up 41.7% from 12 in June of 2016
YTD sales of 64 are running 6.7% ahead of last year's year-to-
and 41.7% higher than the 12 sales last month. June 2017 sales
date sales of 60.
20 15
were at a mid level compared to June of 2016 and 2015. June
YTD sales of 64 are running 6.7% ahead of last year's year-to-
date sales of 60.
15 10
10
Prices
3 Mo Avg
5
0
5
5
The Median Sales Price in June was $1,175,000, down 2.9%
Prices
3,500
from $1,210,000 in June of 2016 and down 6.6% from
The
Median Sales
Price in The
June Average
was $1,175,000,
down
2.9% was
$1,257,500
last month.
Sales Price
in June
from
$1,210,000
in June from
of 2016
and down in 6.6%
$1,546,806,
up 19.8%
$1,290,883
June from
of 2016 and up 3,500 3,000
$1,257,500
last
month. The
June
was at a mid
18.0% from
$1,311,250
last Average
month. Sales
June Price
2017 in ASP
was
$1,546,806,
up 19.8%
from of $1,290,883
in June of 2016 and up
3,000
range compared
to June
2016 and 2015.
2,500
18.0% from $1,311,250 last month. June 2017 ASP was at a mid
range compared to June of 2016 and 2015.
2,500
2,000
Median Sales Price and Average Sales Price
8
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
14
15
16
17
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
Median Sales Price
14
15
16 and Average Sales Price
17
3 Mo Avg
0
Number of Properties Sold
3 Mo Avg
2,000
1,500
1,500
1,000
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 A 14 S O N D J F 15
M A M J J A S O N D J F M 16 A M J J A S O N D J F M 17
A M J
14
15
16
17
150
150
100
A comparatively lower MSI is more beneficial for sellers while a 100
A higher
comparatively
lower for
MSI buyers.
is more The
beneficial
for sellers
while
MSI is better
June 2017
MSI of
12.3 a
50
higher MSI is better for buyers. The June 2017 MSI of 12.3
50
months was at a mid level compared with June of 2016 and
months was at a mid level compared with June of 2016 and
0
2015.
0
2015.
J
14
Copyright
United,
Realtors
| Price
Range:
$1,000,000
| Property
Types:
12
| © © CB CB coldwellbankerluxury.com
Copyright
United,
Realtors
| Price
Range:
$1,000,000
and and
Up | Up
Property
Types:
SFH - SFH
Con - Con
Data is is provided
provided
courtesy
of Houston
Association
of REALTORS
and may
not reflect
all relevant
real estate
CB United,
Data
courtesy
of Houston
Association
of REALTORS
and may
not reflect
all relevant
real estate
activity. activity.
CB United,
Realtors Realtors
does not
not warrant
warrant
guarantee
accuracy
of this
information.
It is responsibility
the responsibility
any buyer
or to
seller
verify
all information
to such consumer’s
estate transaction.
does
or or
guarantee
the the
accuracy
of this
information.
It is the
of any of buyer
or seller
verify to any
and any
all and
information
relevant relevant
to such consumer’s
real estate real
transaction.
45.0
40.0
35.0
30.0
25.0
20.0
15.0
10.0
5.0
0.0
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
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
14
15
16
17
15
16
17
compared with June of 2016 and 2015.
Total Inventory & Month's Supply of Inventory (MSI)
Total Inventory & Month's Supply of Inventory (MSI)
Inventory & MSI
The Total Inventory
Inventory
& MSI of Properties available for sale as of June
250
The
of Properties
available
for and
sale down
as of 0.9%
June from
was Total
209, Inventory
down 5.0%
from 220 last
month
was
down
from June
220 last
month
and down
from level 250
211 209,
in June
of 5