HOU ARCHIVED May 2017 | Page 6

Market Action Report
May 2017
County: Fort Bend
FORT
BEND
Market Action Report
Agent Name
Title
Phone
Agent
Name
Website
Title Other
Phone
Trending versus*:
Month
LM L3M PYM
LY
Website
$1,349,000
-0%
2%
Other
May 2017
Community
| School District
County: Fort Information
Bend
Price Range: $1,000,000 and Up | Properties: SFH - Con
Market Profile & Trends Overview
Median List Price of all Current Listings
Price Range: $1,000,000 and Up | Properties: SFH - Con
Trending versus*:
Prior YTD Prior Year
YTD
$1,615,508 Trending
-2%
-0%
versus*:
Trending versus*:
Month
LM -11%
L3M -10%
PYM -2%
LY -8%
YTD
Prior YTD 10%
Prior Year 3%
$1,175,000
$1,314,298
$1,349,000
-0%
2%
$1,650,532 16% -36% 36% 13% $2,410,863
69%
66%
Average
List Price Currently
of all Current
$1,615,508 127
-2% 11%
-0% 38%
Total Properties
for Listings
Sale (Inventory)
May
Sales
Price
$1,175,000 -11%
-10% -2% 40%
-8% $1,314,298
10% 39% 3%
May Median
Number
of Properties
Sold
7 0%
25
May
Average
Sales
Price
$1,650,532
16%
-36%
36%
13%
$2,410,863
69% -47% 66% -30%
May Average Days on Market (Solds)
60 18% -15% -48% -52%
88
Total Properties Currently for Sale (Inventory)
127
11%
38%
Asking Price per Square Foot (based on New Listings)
$247 -2% 0% 12% -15%
$256
7%
-12%
May Number of Properties Sold
7 0%
40%
25
39%
May Sold Price per Square Foot
$223 -3% -67% -2% -1%
$601
173%
168%
May Average Days on Market (Solds)
60 18% -15% -48% -52%
88 -47%
-30%
May Month's Supply of Inventory
18.1 11% -23% -1% -15%
23.1 -20%
9%
Asking Price per Square Foot (based on New Listings)
$247 -2% 0% 12% -15%
$256
7%
-12%
May Sale Price vs List Price Ratio
92.1% -3.3% -1.8% -.6% -.1%
92.4%
2%
0%
May
Sold Price per Square Foot
$223 -3% -67% -2% -1%
$601
173%
168%
* 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
18.1 11% -23% -1% -15%
23.1 -20%
9%
of Properties
May Sale Price vs List Price Ratio
92.1% -3.3% -1.8% -.6% Number
-.1%
92.4%
2% Sold 0%
Average List Price of all Current Listings
Market
Profile
& Trends
May Median
Sales
Price Overview
Median
List
Price
of
Current Listings
May Average Sales all
Price
3 Mo Avg
Property
Sales 3 Months / PYM=Same Month Prior Year / LY=Last Year (2016) / YTD = Year-to-date
* LM=Last
Month / L3M=Last
12
May Property sales were 7, up 40.0% from 5 in May of 2016 and
the same as the 7 sales last month. May 2017 sales were at their 10
Property
Sales
highest level
compared to May of 2016 and 2015. May YTD 12
May
sales
were 7,
up 40.0%
from
5 in year's
May of
2016 and
sales Property
of 25 are
running
38.9%
ahead
of last
year-to-date
8
the
same
as the 7 sales last month. May 2017 sales were at their 10
sales
of 18.
highest level compared to May of 2016 and 2015. May YTD
6
sales of 25 are running 38.9% ahead of last year's year-to-date
8
sales of 18.
4
6
6
5
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
0
0
2
3 Mo Avg
2
4
Number of Properties Sold
J J A S O N D J F M
A M J J Sales
A S O
N D and
J F M
A M J J Sales
A S O Price
N D J F M A M
Median
Price
Average
Prices
3 Mo Avg
15
16
17
The Median Sales Price in May was $1,175,000, down 2.1% from 14
9,000
$1,200,000 in May of 2016 and down 11.0% from $1,320,000
Median Sales Price and Average Sales Price
Prices
3 Mo Avg
last Median
month. Sales
The Price
Average
Sales
Price
in May was
$1,650,532,
The
in May
was
$1,175,000,
down
2.1% from up 8,000
9,000
36.1% from in $1,212,500
in May
of 2016
and from
up 16.2%
from
$1,200,000
May of 2016
and down
11.0%
$1,320,000
7,000
$1,420,286
last Average
month. Sales
May Price
2017 in
ASP
was
at $1,650,532,
a mid range up 8,000
last
month. The
May
was
6,000
compared
May of 2016
and of 2015.
36.1%
from to
$1,212,500
in May
2016 and up 16.2% from
7,000
5,000
$1,420,286 last month. May 2017 ASP was at a mid range
6,000
compared to May of 2016 and 2015.
4,000
5,000
3,000
4,000
2,000
3,000
2,000 1,000
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
1,000
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
14
15
16
17
Inventory & MSI
The Total Inventory of Properties available for sale as of May
Inventory & MSI
was 127, up 11.4% from 114 last month and up 38.0% from 92 in 140
The Total Inventory of Properties available for sale as of May
May 127,
of last
year. from
May 114
2017
was
its highest
level
was
up 11.4%
last Inventory
month and
up at
38.0%
from 92
in 140 120
compared
with May
2016
and 2015.
May
of last year.
May of
2017
Inventory
was at its highest level
120 100
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CB United, Realtors | Price Range: $1,000,000 and Up | Property Types: SFH - Con
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
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.
80
A comparatively lower MSI is more beneficial for sellers while a 60
MSI is better
May 2017
MSI of while
18.1 a
A higher
comparatively
lower for
MSI buyers.
is more The
beneficial
for se