HOU ARCHIVED May 2016 | Page 14

Community Information | School District

Harris

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Community Information | School District

Trending versus *:
Trending versus *:
Market Profile & Trends Overview
Month
LM
L3M
PYM
LY
YTD
Prior YTD
Prior Year
Median List Price of all Current Listings
$ 1,575,000
2 %
3 %
Average List Price of all Current Listings
$ 2,000,469
1 %
2 %
May Median Sales Price
$ 1,336,500
-1%
-2%
-2%
-4%
$ 1,359,750
-3%
-3%
May Average Sales Price
$ 1,668,472
0 %
-1%
6 %
0 %
$ 1,680,745
2 %
0 %
Total Properties Currently for Sale ( Inventory )
1,189
1 %
35 %
May Number of Properties Sold
118
13 %
-6%
422
-11%
May Average Days on Market ( Solds )
68
-9%
-12% 36 %
-7%
78
20 %
7 %
Asking Price per Square Foot ( based on New Listings )
$ 374
5 %
2 %
3 %
1 %
$ 369
0 %
0 %
May Sold Price per Square Foot
$ 336
-2%
-3%
1 %
-3%
$ 347
-1%
0 %
May Month ' s Supply of Inventory
10.1
-11% -11% 43 %
10 %
13.9
53 %
52 %
May Sale Price vs List Price Ratio
92.9 %
. 1 %
-. 1 % -2.8% -1.8%
92.8 %
-3%
-2%
* LM = Last Month / L3M = Last 3 Months / PYM = Same Month Prior Year / LY = Last Year ( 2015 ) / YTD = Year-to-date | Arrows indicate if Month / YTD values are higher ( up ), lower ( down ) or unchanged ( flat )
3 Mo Avg
Property Sales May Property sales were 118 , down 5.6 % from 125 in May of 2015 and 13.5 % higher than the 104 sales last month . May 2016 sales were at their lowest level compared to May of 2015 and 2014 . May YTD sales of 422 are running 10.8 % behind last year ' s year-to-date sales of 473 .
Prices The Median Sales Price in May was $ 1,336,500 , down 2.4 % from $ 1,370,000 in May of 2015 and down 1.0 % from $ 1,350,000 last month . The Average Sales Price in May was $ 1,668,472 , up 5.8 % from $ 1,576,273 in May of 2015 and up 0.4 % from $ 1,662,079 last month . May 2016 ASP was at a mid range compared to May of 2015 and 2014 .
Inventory & MSI The Total Inventory of Properties available for sale as of May was 1,189 , up 0.8 % from 1,179 last month and up 34.8 % from 882 in May of last year . May 2016 Inventory was at its highest level compared with May of 2015 and 2014 .
A comparatively lower MSI is more beneficial for sellers while a higher MSI is better for buyers . The May 2016 MSI of 10.1 months was at its highest level compared with May of 2015 and 2014 .
180
160
Number of Properties Sold
3 Mo Avg
180
140
160
120
140
100
120
80
100
60
80
40
60
40
20
20
0
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
0
13
14
15
16
J
13
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
14
Median Sales Price
15 and Average Sales
Price16
3 Mo Avg
2,000
Median Sales Price and Average Sales Price
2,0001,900 1,9001,800 1,8001,700
126 115 121 79 62 63 90 46 57
126 115 121 79 62 63 90 46 57 84 115 145 145 118 110 110 86 79 104 65 65 110 108 125 157 143 107 96 89 71 94 47 62 91 104 118
1,7001,600
1,6001,500
1,5001,400
1,400
1,300
1,300
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
J
J
13A
S O N D
J
F
M14 A M J
J
A
S O N D
J
F M15A M J
J
A
S O N D
J
F M A16M
13
14
15
16
Total Inventory & Month ' s Supply of Inventory ( MSI )
Total Inventory & Month ' s Supply of Inventory ( MSI )
1,400
25.0
1,400
1,200
1,200
1,000
25.0
20.0
20.0
1,000
800
800
600
600
400
400
200
200
15.0
10.0
5.0
15.0
10.0
5.0
0
0
0.0
J
J
J
A
J S
A O N
S O D
N
J
F
D
M
J
A
F 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 S
J
O
J
N
A
D
S
J
O
F
N
M
D
A
J M
F M A M
13
13
14
14
15
15
16
16
0.0
566 618 609 573 518 546
515
552
566 515
618 552 609 573 518 546 566 588 635
84 115
566 588 635 145 145 118 110
640 627 669 625
110 86
640 627 669 625 635 688 669 663 711
79 104
776 830
635 688 669 663 711
65
776 65 110
862 882 887 910
108
830 862 882 125 157 143 107 96
922
953 887 987 951
867 911 1,016 89 71 94
1,130 1,179 1,189
47
3 Mo Avg
910 922 953 987 951 867 911 1,016
62 91
1,130 1,179 1,189 104 118
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