HOU ARCHIVED March 2018 | Page 6
Market Action Report
March 2018
Agent Name
County: Brazoria
BRAZORIA
Market
Action Report
Title
Phone
Agent
Name
County: Brazoria
Community
Information | School District Title Website
March 2018
Market Profile & Trends Overview
Median List Price of all Current Listings
Price Range: $1,000,000 and Up | Properties: SFH - Con
YTD
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 March was 0, up from 0 days last
month and up from 0 days in March of last year. The March
2018 DOM was at its lowest level compared with March of 2017
and 2016.
100
3 Mo Avg
3 Mo Avg
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 March 2018 Selling Price per Square Foot of $0 was up
from $0 last month and up from 0 in March of last year.
Selling Price per Square Foot
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 S O N D J F M
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16
17
18
60%
40%
20%
0%
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 S O N D J F M
15
16
17
18
Inventory / New Listings / Sales
10
9
8
7
6
5
4
3
2
1
0
Inventory / New Listings / Sales
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 March 2018 was 5, up 400.0% from 1 last month and up
400.0% from 1 in March of last year.
8.0
7.0
6.0
5.0
4.0
3.0
2.0
1.0
0.0
80%
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.
8.0
7.0
6.0
5.0
4.0
4
3.0
2.0
2
1.0
0.0
0
A M A J M J J A J S A
O N
D N
J F D M J A F M
A S J O J N
S O
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 D S J O F N M D J F M
15 15
16
17
18
16
17
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100%
Total Inventory & Month's Supply of Inventory (MSI)
Total Inventory & Month's Supply of Inventory (MSI)
Inventory & MSI
Inventory & MSI
120%
3 Mo Avg
3 Mo Avg
Avg Selling Price divided by Avg Listing Price for sold properties during the month
0
Median Sales Price and Average Sales Price
Median Sales Price and Average Sales Price
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 March 2018 Selling Price vs Original
List Price of 0.0% was up from 0.0% last month and up from
0.0% in March of last year.
0
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 S O N D J F M
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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 S O N D J F M
-1
15
16
17
18
3 Mo Avg
250
240
230
220
210
200
190
180
170
160
150
1
The Total Inventory of Properties available for sale as of March
The Total Inventory of Properties available for sale as of March
10
was 9, 9, up up 80.0%
80.0%
from
5 last
month
up 350.0%
from
was
from
5 last
month
and and
up 350.0%
from
2 in 2 in 10
March
of
last
year.
March
2018
Inventory
was
at
its
highest
March of last year. March 2018 Inventory was at its highest
8 8
level compared
compared
with
March
of 2017
2016.
level
with
March
of 2017
and and
2016.
6 6
Copyright
United,
Realtors
| Price
Range:
$1,000,000
and Up
Property
Types: Types:
SFH - SFH
Con - Con
6
| © CB
Copyright
© coldwellbankerluxury.com
CB
United,
Realtors
| Price
Range:
$1,000,000
and | Up
| Property
150
Selling Price per Square Foot
1,300
3 Mo Avg
of 2017
and
up Price
from in
$0 March
last month.
Price in
The
Median
Sales
was $0, The
up Average
from $0 Sales
in March
1,280
1,300
was up
$0, from
up from
$0 month.
in March
2017 and
up Price
from in $0
of March
2017 and
$0 last
The of Average
Sales
1,280 1,260
last month.
2018
was at
highest
March
was $0, March
up from
$0 ASP
in March
of the
2017
and up level
from compared
$0
to March
2017 2018
and 2016.
last
month. of March
ASP was at the highest level compared 1,260 1,240
1,240 1,220
to March of 2017 and 2016.
1,220 1,200
1,200 1,180
1,180 1,160
1,160 1,140
1,140 1,120
1,120 1,100
1,100
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 S O N D J F M
A M 15 J J A S O N D J F M
A M J J A S O N D J F M 18
16 A M J J A S O N D J F M 17
15
16
17
18
4
comparatively
lower
MSI
is more
beneficial
for sellers
while
A A comparatively
lower
MSI
is more
beneficial
for sellers
while
a a
higher MSI
MSI
better
buyers.
March
2018
of 0.0 2
higher
is is
better
for for
buyers.
The The
March
2018
MSI MSI
of 0.0
months was
was
highest
level
compared
with
March
of 2017
months
at at
its its
highest
level
compared
with
March
of 2017
0
and
and 2016.
2016.
200
-1
Prices
The Median Sales Price in March was $0, up from $0 in March
Prices
250
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 S O N D J F M
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1
0
3 Mo Avg
0
2
0
Number of Properties Sold
1
Title
Phone
Website
Other
50
2
1
3
Agent Name
Days On Market for Sold Properties
Trending versus*:
Prior YTD Prior Year
Number of Properties Sold
* LM=Last Month / L3M=Last 3 Months / PYM=Same Month Prior Year / LY=Last Year (2017) / YTD = Year-to-date
March Property sales were 0, up from 0 in March of 2017 and
higher than
the 0 sales last month. March 2018 sales were at 3
Property
Sales
March
Property level
sales compared
were 0, up to from
0 in of March
of 2017
and March
their highest
March
2017 and
2016.
higher
than of
the 0 0 are
sales
last month.
sales
were at
YTD sales
running
ahead March
of last 2018
year's
year-to-date
their
sales highest
of 0. level compared to March of 2017 and 2016. March 2
YTD sales of 0 are running ahead of last year's year-to-date
sales of 0.
2
BRAZORIA
County: Brazoria
Price Range: $1,000,000 and Up | Properties: SFH - Con
$1,350,000 -10%
-46%
Trending versus*:
Trending versus*:
Average
List
Price
of
all
Current
Listings
$1,363,778
-8%
Market Profile & Trends Overview
Month
LM L3M PYM -45%
LY
YTD
Prior YTD Prior Year
March List
Median
$0
-100%
-100% $2,500,000
0%
0%
Median
Price Sales
of all Price
Current Listings
$1,350,000 -10%
-46%
March Average
0%
0%
$0
0%
0%
Average
List Price Sales
of all Price
Current Listings
$1,363,778 $0
-8%
-45%
Total Median
Properties
Currently
9 80%
350%
March
Sales
Price for Sale (Inventory)
$0
-100%
-100% $2,500,000
0%
0%
March
Sales
Price
$0
0%
$0
0%
March Average
Number
of Properties
Sold
0 0%
0
0% 0%
Total
Properties
for Sale (Solds)
(Inventory)
9 80%
350%
March
Average Currently
Days on Market
0
0%
0%
0
0%
0%
March
Number
of Properties
Sold
0
0 $332 0% -41%
Asking
Price per
Square Foot
(based on New Listings)
$324
94% -2% -42% -62%
-61%
March
Days per
on Square
Market Foot
(Solds)
0 $0
0% 0%
0% 0%
0 $0 0%
March Average
Sold Price
0% 0%
0%
Asking
Price
per
Square
Foot
(based
on
New
Listings)
$324
94%
-2%
-42%
-62%
$332
-41%
March Month's Supply of Inventory
0.0 0% 0% 0% 0%
0.0
0% -61% 0%
March
Foot Ratio
$0 0.0%
0% .0%
0% .0%
$0 0.0%
0%
March Sold
Sale Price
Price per
vs Square
List Price
0% 0%
0%
March
Supply
of Inventory
0% 0% 0%
0.0
0%
0%
* LM=Last Month's
Month / L3M=Last
3 Months
/ PYM=Same Month Prior Year / LY=Last Year (2017) / YTD = Year-to-date 0.0 0%
March Sale Price vs List Price Ratio
0.0%
.0%
.0%
0.0%
0%
0%
Property Sales
March 2018
Community Information | School District
Other
Phone
Trending versus*:
Website
Month
LM L3M PYM
LY
Other
Price Range: $1,000,000 and Up | Properties: SFH - Con
Market Action Report
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 S O N D J F M
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Copyright © CB United, Realtors | Price Range: $1,000,000 and Up | Property Types: SFH - Con
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.
Coldwell Banker Global Luxury ® | 7