Market Action Report
County: Fort Bend
November 2016
Fort Bend
Agent Name
Title
Phone
Website
Other
Community Information | School District
Price Range: $1,000,000 and Up | Properties: SFH - Con
Days On Market for Sold Properties
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 November was 182, up 11.0% from
164 days last month and up 219.3% from 57 days in November of
last year. The November 2016 DOM was at a mid level compared
with November of 2015 and 2014.
3 Mo Avg
350
300
231
250
182
200
150
100
57
50
0
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 A S O N
13 14
15
16
Selling Price per Square Foot
Selling Price per Square Foot
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 November 2016 Selling