HOU ARCHIVED November 2016 | Page 18

Market Action Report

County: Montgomery

Market Action Report

County: Montgomery

November 2016

Montgomery
Agent Name

Title
Phone
Agent Name
Website
TitleOther
Phone
Trending versus*:
Website
Month
LM L3M PYM
LY
Other
$1,497,000
-0%
-6%

November 2016

Community 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*:
$2,009,820 Trending
0%
-6%
Month
LM L3M PYM
LY
YTD
Prior YTD Prior Year
$1,222,500 -8% -8% 5% -13% $1,370,000
-2%
-2%
$1,497,000 -0%
-6%
$1,483,125 -0% -4% -3% -11% $1,628,136
1%
-2%
$2,009,820 0%
-6%
184
-7%
-7%
$1,222,500 -8% -8% 5% -13% $1,370,000
-2%
-2%
8 60%
97
$1,483,125 -0%
-4% -3% 60%
-11% $1,628,136
1% -28%-2%
November
Average
Daysfor
on Sale
Market
(Solds)
94 -42% -10%
104
14%
9%
Total
Properties
Currently
(Inventory)
184 -7%
-7% -12% -1%
Asking Price
per Square
Foot (based
$323
7%
-5%
November
Number
of Properties
Sold on New Listings)
8 60% 0% 4%
60% 9%
97 $287
-28% -5%
NovemberAverage
Sold Price
$263
-4%
November
Daysper
on Square
Market Foot
(Solds)
94
-42%21%
-10% 6%
-12% 6%
-1% 0%
104 $252
14% -4% 9%
November
Supply
of Inventory
Asking
Price Month's
per Square
Foot (based
on New Listings)
$323 23.0
0% -42%
4% -25%
9% -42%
7% 27% $287 24.4
-5% 32% -5% 35%
NovemberSold
SalePrice
Price
vsSquare
List Price
November
per
FootRatio
$26386.9%
21%2.5%
6% -2.5%
6% -5.4%
0% -4.7% $252 90.1%
-4% -2% -4% -1%
* LM=Last Month / L3M=Last 3 Months / PYM=Same Month Prior Year / LY=Last Year (2015) / YTD = Year-to-date
November
Month's Supply of Inventory
23.0 -42% -25% -42% 27%
24.4
32%
35%
November Sale Price vs List Price Ratio
8 6.9% 2.5% -2.5% -5.4% Number
-4.7%
-2%Sold -1%
of 90.1%
Properties

Average List Price of all Current Listings
Market Profile & Trends Overview
November Median Sales Price
Median List Price of all Current Listings
November Average Sales Price
Average List Price of all Current Listings
Total Properties Currently for Sale (Inventory)
November Median Sales Price
NovemberAverage
Number
of Properties
Sold
November
Sales
Price

3 Mo Avg

* LM=Last Month / L3M=Last 3 Months / PYM=Same Month Prior Year / LY=Last Year (2015) / YTD = Year-to-date

Property Sales

25
November Property sales were 8, up 60.0% from 5 in November
of 2015 and 60.0% higher than the 5 sales last month.
Property Sales
25 20
November 2016 sales were at a mid level compared to
November Property sales were 8, up 60.0% from 5 in November
November
of
2015
and
2014.
November
YTD
sales
of
97
are
of 2015 and 60.0% higher than the 5 sales last month.
running 28.1%
behind
last
year-to-date
sales
20 15
November
2016 sales
were
at year's
a mid level
compared
to of 135.
November of 2015 and 2014. November YTD sales of 97 are
running 28.1% behind last year's year-to-date sales of 135.
15 10

Prices

8

5

11

7

12

6

13

10

8

8

13

9

12

5

12

8

15

23

14

16

8

16

6

10

8

11

12

18

16

11

19

12

13

9

6

6

The Median Sales Price in November was $1,222,500, up 5.2%
2,400
Prices
from $1,162,000 in November of 2015 and down 8.1% from
The
Median
Sales
Price
in
November
was
$1,222,500,
up
5.2%
$1,330,000 last month. The Average Sales Price in November 2,4002,200
from $1,162,000 in November of 2015 and down 8.1% from
was $1,483,125, down 2.5% from $1,521,400 in November of
$1,330,000 last month. The Average Sales Price in November
2015 and down 0.1% from $1,484,000 last month. November 2,2002,000
was $1,483,125, down 2.5% from $1,521,400 in November of
2016 ASP was at the lowest level compared to November of 2015
2,0001,800
2015 and down 0.1% from $1,484,000 last month. November
and 2014.
2016 ASP was at the lowest level compared to November of 2015 1,8001,600
and 2014.
1,6001,400

Median Sales Price and Average Sales Price

8

5

7

11

6

12

13

10

8

8

9

13

5

12

12

8

15

23

14

16

8

6

16

8

10

11

12

18

16

11

19

12

13

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
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
Median15Sales Price and Average
13 14
16Sales Price
3 Mo Avg
9

0

0

6

5

3 Mo Avg

5

6

10

Number of Properties Sold

3 Mo Avg

1,4001,200
1,2001,000
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
1,000
D J 13F 14
M A M J J A S O N D J F M15A M J J A S O N D J F M 16
A M J J A S O N
13 14
15
16

Inventory & MSI
Inventory
& MSI of Properties available for sale as of
The Total Inventory
250
The
Total Inventory
ofdown
Properties
as of and down
November
was 184,
7.1% available
from 198for
lastsale
month
250
November
down 7.1% of
from
lastNovember
month and2016
down
6.6% fromwas
197184,
in November
last198
year.
200
6.6%
from 197
of last
year. November
2016 of 2015
Inventory
wasinatNovember
a mid level
compared
with November
200
Inventory
was at a mid level compared with November of 2015
and 2014.
150
and 2014.

Copyright
United,
Realtors | Price
Range: $1,000,000
and Up
| Property
SFH - Con
Copyright
© CB
Realtors
Property
20
| © CBUnited,
col
d w| ePrice
l lRange:
b a$1,000,000
n k e randhUpo| m
e sTypes:
. cTypes:
oSFH
m- 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

doesnotnot
warrant
or guarantee
accuracy
of this
information.
It isresponsibility
the responsibility
any or
buyer
ortoseller
verify
and all information
to such consumer’s
estate transaction.
does
warrant
or guarantee
the the
accuracy
of this
information.
It is the
of anyofbuyer
seller
verifytoany
andany
all information
relevant relevant
to such consumer’s
real estatereal
transaction.

205
175
213
189
215
201
212
205
209213
202 215
198 212
184
209
202
198
184

184 207
175 201
189 197
184
201

147
160
161
159
152160
151 161
148152
143151
134 148
142143
152
134
168
142
186
152
197
168
206
186
213
197
206
207206
201 213
197 206

A comparatively lower MSI is more beneficial for sellers while a100
A comparatively lower MSI is more beneficial for sellers while a
higher MSI is better for buyers. The November 2016 MSI of
higher MSI is better for buyers. The November 2016 MSI of
50
23.0 months was at a mid level compared with November of
23.0 months was at a mid level compared with November of
2015 and 2014.
0
2015 and 2014.

45.0
40.0
35.0
30.0
25.0
100
20.0
15.0
50
10.0
5.0
0
0.0
J FA M
D AJ M
F M
M SJ OJ NA S O N
D J DF M
M AJ M
J AJ SJ OA NS DO JN FDMJ AFMMJ A J MA JS JO AN SD OJ NF M
J JA A
13
14
15
16
13 14
15
16
131
135
131
141
135
145
141
147
145
159

150

Total Inventory & Month's Supply of Inventory (MSI)
Total Inventory & Month's Supply of Inventory (MSI)

45.0
40.0
35.0
30.0
25.0
20.0
15.0
10.0
5.0
0.0