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 15 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 18 100% 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 15 16 17 18 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 15 16 17 18 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 15 16 17 18 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