HOU ARCHIVED March 2018 | Page 8

Market Action Report March 2018 Agent Name County: Chambers CHAMBERS Market Action Report Title Phone Agent Name County: Chambers Community Information | School District Title Website March 2018 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. 0% 0% 0% 0% 0% 0.8 0.8 0.6 0.6 0.4 0.4 3 2 1 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 Copyright © CB United, Realtors | Price Range: $1,000,000 and Up | Property Types: SFH - Con 4 1.0 1.0 1 2 5 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. 3 3 4 6 1.2 1.2 4 Inven tory / New Listings / Sales 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 0, up from 0 last month and down 100.0% from 1 in March of last year. Data is provided courtesy of Houston Association of REALTORS and may not reflect all relevant real estate activity. CB United, Realtors Total Inventory & Month's Supply of Inventory (MSI) Total Inventory & Month's Supply of Inventory (MSI) 5 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 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 15 16 Median Sales Price and 17 Average Sales Price 18 6 0% 20% The Median Sales Price in March was $0, up from $0 in March Median Sales Price and Average Sales Price Prices 1 3 Mo Avg of 2017 and up Price from in $0 March last month. Sales Price in 1 The Median Sales was $0, The up Average from $0 in March 1 1 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 1 last month. 2018 was at 1 1 March was $0, March up from $0 ASP in March of the 2017 highest and up level from compared $0 1 1 to March 2017 and last month. of March 2018 2016. ASP was at the highest level compared 1 0 1 0 to March of 2017 and 2016. 0 0 0 0 0 0 0 0 0 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 0 A 0 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 16 17 18 0 0 15 0 15 16 17 18 0 -1 -1 -1 -1 -1 -1 -1 -1 -1 -1 -1 -1 comparatively lower MSI is more beneficial for sellers while A A comparatively lower MSI is more beneficial for sellers while a 2 a higher MSI MSI better buyers. March 2018 of 0.0 higher is is better for for buyers. The The March 2018 MSI MSI of 0.0 1 months was was highest level compared with March of 2017 months at at its its highest level compared with March of 2017 and 2016. 2016. 0 and 60% 0 3 Mo Avg Inventory & MSI Inventory & MSI of Properties available for sale as of March The Total Inventory The Total Inventory of Properties available for sale as of March was 2, equal to 2 last month and down 50.0% from 4 in March 6 was 2, equal to 2 last month and down 50.0% from 4 in March of last year. March 2018 Inventory was at its lowest level of last year. March 2018 Inventory was at its lowest level 5 compared with March of 2017 and 2016. compared with March of 2017 and 2016. 80% Prices 100% 40% 0 Avg Selling Price divided by Avg Listing Price for sold properties during the month 120% 0 0 3 Mo Avg 3 Mo Avg Selling Price versus Listing Price Ratio Selling Price vs Original Listings Price 0 0 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 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. 3 Mo Avg 1 0 1 3 Mo Avg 1 0 1 0 1 0 1 0 1 0 3 Mo Avg 1 YTD Number of Properties Sold 1 1 1 Title Phone Website Other Days On Market for Sold Properties Trending versus*: Prior YTD Prior Year * LM=Last Month / L3M=Last 3 Months / PYM=Same Month Prior Year / LY=Last Year (2017) / YTD = Year-to-date Property Sales Agent Name Price Range: $1,000,000 and Up | Properties: SFH - Con $1,500,000 0% 10% Trending versus*: Trending versus*: Average List Price of all Current Listings $1,500,000 0% Market Profile & Trends Overview Month LM L3M PYM 4% LY YTD Prior YTD Prior Year March List Median -100% -100% $1,362,250 0% Median Price Sales of all Price Current Listings $1,500,000 $0 0% 10% March Average 0% 0% $0 0% Average List Price Sales of all Price Current Listings $1,500,000 $0 0% 4% Total Median Properties Currently 2 0% -50% March Sales Price for Sale (Inventory) $0 -100% -100% $1,362,250 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) 2 0% -50% March Average Currently Days on Market 0 0% 0% 0 0% March Number of Properties Sold 0 0 0.0 0% March Month's Supply of Inventory 0.0 0% 0% 0% 0% 0% March Days Market 0 0.0% 0% .0% 0% .0% 0 0.0% 0% March Average Sale Price vs on List Price (Solds) Ratio 0% 0% * LM=Last Month's Month / L3M=Last 3 Months PYM=Same Month Prior Year / LY=Last Year (2017) / YTD = Year-to-date March Supply of / Inventory 0.0 0% 0% 0% 0% 0.0 0% 0% March Sale Price vs List Price Ratio 0.0% .0% .0% 0.0% 0% Number of Properties Sold 0% 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 1 Property Sales their highest March 2017 and 2016. March Property level sales compared were 0, up to from 0 in of March of 2017 and March 1 YTD sales of 0 0 are running ahead March of last 2018 year's year-to-date higher than the sales last month. sales were at sales highest of 0. level compared to March of 2017 and 2016. March 1 their YTD sales of 0 are running ahead of last year's year-to-date 1 sales of 0. 1 CHAMBERS County: Chambers Market Profile & Trends Overview Median List Price of all Current Listings Price Range: $1,000,000 and Up | Properties: SFH - Con 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 0.2 0 0.0 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 O A M A J M J J A J S A O S N O D N J D F M J A F M A S J O J N J F N M D J F M 15 15 16 17 18 16 17 18 0.2 0.0 Copyright © CB United, Realtors | Price Range: $1,000,000 and Up Property Types: Types: SFH - SFH Con - Con Copyright © C B United, Realtors | Price Range: $1,000,000 and | Up | Property Data is is provided courtesy of Houston Association of REALTORS and may all relevant real estate CB United, Data provided courtesy of Houston Association of REALTORS and not may reflect not reflect all relevant real activity. estate activity. CB Realtors United, Realtors does not not warrant or guarantee the the accuracy of this It is the of any of buyer seller or to seller verify to any and any all information relevant to such consumer’s real estate real transaction. does warrant or guarantee accuracy of information. this information. It is responsibility the responsibility any or buyer verify and all information relevant to such consumer’s estate transaction. 8 | coldwellbankerluxury.com Coldwell Banker Global Luxury ® | 9