Market Action Report
May 2017
County: Harris
HARRIS
Market Action Report
Agent Name
May 2017
Title
Phone
Agent Name
Website
Title Other
Phone
Trending versus*:
Website
Month
LM L3M PYM
LY
Other
$1,575,000
-1%
2%
Community
County: Harris Information | School District
Price Range: $1,000,000 and Up | Properties: SFH - Con
Market Profile & Trends Overview
Price
Range: $1,000,000
and Up of
| Properties:
SFH - Con Listings
Median
List Price
all Current
Trending versus*:
Prior YTD Prior Year
YTD
versus*:
Trending versus*:
$1,937,270 Trending
-1%
-2%
Month
LM L3M PYM
LY
YTD
Prior YTD Prior Year
$1,400,000 5% 3% 5% 1% $1,375,000
1%
0%
$1,575,000 -1%
2%
$1,755,958 9% 5% 5% 6% $1,683,652
0%
2%
$1,937,270 -1%
-2%
1,209
5%
3%
$1,400,000 5% 3% 5% 1% $1,375,000
1%
0%
$1,755,958 162
9% 28%
5% 5% 37%
6% $1,683,652 529
0% 26% 2%
May Properties
Average Days
on Market
(Solds)
80
3%
-4%
Total
Currently
for Sale
(Inventory)
1,209 66
5% -25% -15%
3% -3% -20%
Asking
Price of
per
Square Foot
$369
0%
2%
May
Number
Properties
Sold (based on New Listings)
162
28% -4% -2%
37% 1%
529 $376
26% 3%
May Average
Sold Price
per
$357
May
Days
on Square
Market Foot
(Solds)
66
-25% 1%
-15% 1%
-3% 5%
-20% 2%
80 $354 3% 3% -4% 2%
May Month's
Supply
Inventory
Asking
Price per
Square of Foot
(based on New Listings)
$369 7.5
-4% -17%
-2% -19%
1% -25%
0% -35% $376 11.1
3% -20% 2% -3%
May Sold
Sale Price
Price per
vs Square
List Price
Ratio
93.6%
1%
May
Foot
$357
1% .3%
1% .2%
5% .8%
2% 1.2% $354 93.1%
3% 0% 2%
* LM=Last Month / L3M=Last 3 Months / PYM=Same Month Prior Year / LY=Last Year (2016) / YTD = Year-to-date
May
Month's Supply of Inventory
7.5 -17% -19% -25% -35%
11.1 -20%
-3%
May Sale Price vs List Price Ratio
93.6% .3% .2% .8% Number
1.2%
93.1%
0% Sold 1%
of Properties
Average List Price of all Current Listings
Market Profile & Trends Overview
May Median Sales Price
Median List Price of all Current Listings
May Average Sales Price
Average List Price of all Current Listings
Total Properties Currently for Sale (Inventory)
May Median Sales Price
May Average
Number
of Properties
Sold
May
Sales
Price
3 Mo Avg
* LM=Last Month / L3M=Last 3 Months / PYM=Same Month Prior Year / LY=Last Year (2016) / YTD = Year-to-date
Prices
3 Mo Avg
89
Number of Properties Sold
The Median Sales Price in May was $1,400,000, up 4.8% from
2,000
Prices
$1,336,500 in May of 2016 and up 5.3% from $1,330,000 last
The
Median
Sales
Price
in
May
was
$1,400,000,
up
4.8%
from
month. The Average Sales Price in May was $1,755,958, up
2,000 1,900
$1,336,500 in May of 2016 and up 5.3% from $1,330,000 last
5.2% from $1,668,472 in May of 2016 and up 9.1% from
month. The Average Sales Price in May was $1,755,958, up
$1,609,726 last month. May 2017 ASP was at the highest level 1,900 1,800
5.2% from $1,668,472 in May of 2016 and up 9.1% from
compared to May of 2016 and 2015.
1,800 1,700
$1,609,726 last month. May 2017 ASP was at the highest level
compared to May of 2016 and 2015.
1,700 1,600
Median Sales Price and Average Sales Price
62
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
14
15
16
17
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
Average Sales Price 17
14
15 Median Sales Price and
16
3 Mo Avg
0
180
May Property sales were 162, up 37.3% from 118 in May of 2016
and 27.6% higher than the 127 sales last month. May 2017 sales 160
Property Sales
were at their highest level compared to May of 2016 and 2015. 180 140
May Property sales were 162, up 37.3% from 118 in May of 2016
May
YTD higher
sales of than
529 the
are 127
running
25.7%
ahead
of last
and
27.6%
sales last
month.
May
2017 year's
sales 160 120
year-to-date
sales of level
421. compared to May of 2016 and 2015.
were
at their highest
140
100
May YTD sales of 529 are running 25.7% ahead of last year's
120
year-to-date sales of 421.
80
100
60
80
40
60
20
40
0
20
Property Sale