HOU ARCHIVED March 2018 | Page 18

Market Action Report March 2018
Market Action Report March 2018

FORT County : Fort Bend BEND

Market Action Report March 2018
6
4
4
2
2
0
0
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M J
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F M A M J
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A S O N D
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F M A M J
J
A S O N D
J
F M
15
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17
18
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Prices
15
Prices
The Median Sales Price in March was $ 1,413,125 , up 2.4 % from
9,000
The
$ 1,380,000 Median Sales in March Price in of March 2017 and was up $ 1,413,125 0.9 % from , up $ 2.4 1,400,000 % from
$ last 1,380,000 month . in The March Average
9,000 of 2017 Sales and Price up 0.9 in % March from $ was 1,400,000 $ 1,486,563 ,
8,000
16
Median Sales Price and
17 Average Sales Price
Median Sales Price and Average Sales Price
18
3 Mo Avg
3 Mo Avg
last down month 83.4 . % The from Average $ 8,948,333 Sales Price in March in March of 2017 was $ and 1,486,563 up 9.0 ,%
8,0007,000
down from 83.4 $ 1,363,667 % from $ last 8,948,333 month . in March 2018 of 2017 ASP and was up at 9.0 the % lowest
7,000 from level $ compared 1,363,667 last to March month of . March 2017 and 2018 2016 ASP .
6,000 was at the lowest level compared to March of 2017 and 2016 .
6,000
5,000
5,000
4,000
4,000
3,000
3,000
2,000
2,000
1,000
1,000
A
M J
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F
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18
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6 3
3 10
Agent Name
Title
Agent
Phone Name
Community

County : Fort Information Bend | School District

Website
Title
Price Range : $ 1,000,000 and Up | Properties : SFH - Con
Phone
Other
Website
Trending versus *:
Trending versus *:
Market Profile & Trends Overview
Price Range : $ 1,000,000 and Up | Properties : SFH - Con
Median List Price of all Current Listings
Average List Price of all Current Listings
Month
Other
$ 1,300,000
$ 1,842,360
LM
L3M
PYM -1% -7%
Trending versus *: -1%
9 %
LY
YTD
Prior YTD
Prior Year
Trending versus *:
March Median Sales Price
$ 1,300,000
$ 1,413,125
1 %
1 %
2 %
10 %
$ 1,340,625
-11%
4 %
March Average Sales Price
$ 1,842,360
$ 1,486,563
9 %
-2% -83% -18%
$ 1,428,225
-59%
-21%
Total Properties Currently for Sale ( Inventory )
$ 1,413,125
115
22 %
8 %
$ 1,340,625
March Number of Properties Sold
$ 1,486,563
4
33 %
33 %
$ 1,428,225
10
-9%
March Average Days on Market ( Solds )
115141
41 %
26 %
42 %
16 %
117
-9%
-4%
Asking Price per Square Foot ( based on New Listings )
$ 4276
19 %
5 %
12 %
8 %
10$ 258
0 %
1 %
March Sold Price per Square Foot
141
$ 244
23 %
-1% -93% -35%
117$ 235
-78%
-38%
March Month ' s Supply of Inventory
$ 276
28.8
-8%
-2% -19%
34 %
$ 258
29.5
10 %
38 %
March Sale Price vs List Price Ratio
$ 244 86.1 % -6.0% -5.5% -12.7% -6.2%
* LM = Last Month / L3M = Last 3 Months / PYM = Same Month Prior Year / LY = Last Year ( 2017 ) / YTD = Year-to-date
28.8
$ 235
89.7 %
29.5
-1%
-2%
* LM = Last Month / L3M = Last 3 Months / PYM = Same Month Prior Year / LY = Last Year ( 2017 ) / YTD = Year-to-date
86.1 %
89.7 %
Number of Properties Sold
3 Mo Avg
Property Sales
March Property sales were 4 , up 33.3 % from 3 in March of 2017
12
Number of Properties Sold
3 Mo Avg
Property and 33.3 % Sales higher than the 3 sales last month . March 2018 sales
12
March were at Property a mid level sales compared were 4 , up to 33.3 March % from of 2017 3 in March and 2016 of 2017 . March
10
and
YTD 33.3 sales % higher of 10 are than running the 3 sales 9.1 % last behind month last . March year ' s 2018 year-to-date sales
10 were sales at of a 11 mid . level compared to March of 2017 and 2016 . March
8
YTD sales of 10 are running 9.1 % behind last year ' s year-to-date sales of 11 .
8
6
10 5
Inventory & MSI Total Inventory & Month ' s Supply of Inventory ( MSI )
Inventory & MSI
Total Inventory & Month ' s Supply of Inventory ( MSI ) The Total Inventory of Properties available for sale as of March The Total Inventory of Properties available for sale as of March was
was 115
115 , up
, up 22.3
22.3 %
% from
from 94
94 last
last month
month and
and up up 8.5
8.5 % from
% from 106
106 in in 140 140
50.0
March
March of of last last year year
. March . March
2018 2018
Inventory Inventory was was at its at highest its highest
120 120
40.0 level level compared compared with with March March of of 2017 2017 and and 2016 2016 . .
100 100
80 80 30.0
60 60 20.0
A comparatively lower MSI MSI is more is more beneficial for for sellers sellers while while a a
40 40 higher MSI is is better for for buyers . The . The March March 2018 2018 MSI MSI of 28.8 of 28.8
10.0 months was at at a a mid mid level level compared with with March March of 2017 of 2017 and and
20 20
2016 . .
0 0 0.0
A MAJ MJ JA JS AO SN OD NJ
DF MJ AF M JA JM AJ
SJ OA NSDOJ NF DM JA FM MJ
AJ MA JS OJ NA DS OJ FN MD J F M
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16 16
17 17
18 18
9 6 6 2
85 85 85 85 84
85
76 85
73 84
76 82
73 83
77 82
80 83
77 87
2 2
101 92
80 87 92
5
10 10 5 9 6 6 2 2 2 5 4 5
4
11 5 11
9 8 6
101
92 97
92
97 97 97 97 97
92 97
90
97 92 90 95 106 109
95 119
106 123
109 116
113 119
103 123
109 116
102 113
96 103
76 5
84 5 76
3
84 4 4 3 7 7 8 6 5
85 9
109 102 94
3 115 96
4 85
7
94
9 8 6 5 5 3 4 4 3 7 7 8 6 5 9 3 4 7 3 3 4
3
115 3 4
50.0 40.0
30.0 20.0 10.0 0.0
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CB United
United , Realtors
, Realtors | Price
| Price Range
Range : $ 1,000,000
: $ 1,000,000 and and Up | Up Property
| Property
Types Types : SFH
: - SFH Con
- Con Data is provided courtesy of Houston Association of REALTORS and may not reflect all relevant real estate activity . CB United , Realtors
Data is provided courtesy of Houston Association of REALTORS and may not reflect all relevant real estate activity . CB United , Realtors 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 . 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 .