HOU ARCHIVED October 2016 | Page 10

Market Action Report October 2016
Community Information | School District
Market Action Report October 2016

County : Chambers

Price Range : All | Properties : SFH - Con
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
$ 299,192
8 %
29 %
Average List Price of all Current Listings
$ 340,232
6 %
17 %
October Median Sales Price
$ 210,500
4 %
-2%
-8%
1 %
$ 227,644
8 %
9 %
October Average Sales Price
$ 230,590
9 %
1 %
1 %
3 %
$ 236,860
4 %
6 %
Total Properties Currently for Sale ( Inventory )
177
-6%
22 %
October Number of Properties Sold
38 -10%
73 %
434
4 %
October Average Days on Market ( Solds )
53
-4%
0 %
-12%
-7%
49
-11%
-14%
Asking Price per Square Foot ( based on New Listings )
$ 132
14 %
15 %
36 %
22 %
$ 111
3 %
3 %
October Sold Price per Square Foot
$ 97
-5%
-5%
3 %
3 %
$ 101
5 %
6 %
October Month ' s Supply of Inventory
4.7
4 %
11 % -29%
37 %
3.8
16 %
11 %
October Sale Price vs List Price Ratio
94.6 % -2.3% -1.2% 1.0 % -1.7%
96.6 %
0 %
0 %
* LM = Last Month / L3M = Last 3 Months / PYM = Same Month Prior Year / LY = Last Year ( 2015 ) / YTD = Year-to-date
Property Sales October Property sales were 38 , up 72.7 % from 22 in October of
2015 and 9.5 % lower than the 42 sales last month . October Property 2016 sales Sales were at a mid level compared to October of 2015 and 70
October 2014 . October Property YTD sales sales were of 38434 , up are 72.7 running % from 22 3.8 in % October ahead of of last 2015 year and ' s year-to-date 9.5 % lower than sales the of 418 42 sales . last month . October 60 2016 sales were at a mid level compared to October of 2015 and 2014 . October YTD sales of 434 are running 3.8 % ahead of last 50 year ' s year-to-date sales of 418 .
40
Prices N D
The Median Sales Price in October was $ 210,500 , down 8.4 %
13
Prices from $ 229,750 in October of 2015 and up 3.5 % from $ 203,350 290 The last Median month . Sales The Price Average in October Sales Price was $ in 210,500 October , down was $ 8.4 230,590 % , from up 1.2 $ 229,750 % from in $ 227,964 October in of October 2015 and of up 2015 3.5 % and from up $ 8.7 203,350 % from 270
290 last $ 212,057 month . last The month Average . October Sales Price 2016 in October ASP was was at the $ 230,590 highest , level 250
up compared 1.2 % from to $ October 227,964 of in October 2015 and of 2014 2015 . and up 8.7 % from 270 $ 212,057 last month . October 2016 ASP was at the highest level 230
250 compared to October of 2015 and 2014 . 210
230
210 190
190 170

Chambers

Agent Name
Title Phone Website Other

Community Information | School District

30 20 10 0
70 60 50 40 30 20 10 0
Number of Properties Sold
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 A S O 13 14
15
16 J F M A M J J AMedian S O N DSales J F MPrice A M and J J AAverage S O N D Sales J F MPrice
A M J J A S O
14 15
16 3 Mo Avg
Median Sales Price and Average Sales Price
26 39 20 36 29 46 43 46 44 48 43 42 42 31 24 37 44 45 36 45 55 50 60 22 28 40 38 33 51 47 46 52 38 49 42 38
170
150
150
N
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
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
A S O
Inventory & MSI
13
14
15
16
Total Inventory & Month ' s Supply of Inventory ( MSI )
Inventory
The Total Inventory & MSI of Properties available for sale as of
The
October Total Inventory was 177 , down of Properties 5.9 % from available 188 last for month sale as and of up 22.1 %
250
October from 145 was in 177 October , down of 5.9 last % from year . 188 October last month 2016 and Inventory up 22.1 % was at
250
200 from its highest 145 in October level compared of last year with . October 2016 of 2015 Inventory and 2014 was . at
200 its highest level compared with October of 2015 and 2014 .
150
150
100
A comparatively lower MSI is more beneficial for sellers while a
100
A higher comparatively MSI is better lower for MSI buyers is more . The beneficial October for 2016 sellers MSI while of a 4.7
50
Total Inventory & Month ' s Supply of Inventory ( MSI )
9.0
8.0
7.0
6.0
5.0
4.0
3.0
9.0
8.0
7.0
6.0
5.0
4.0
3.0
2.0
higher months MSI was is better at a mid for level buyers compared . The October with October 2016 MSI of of 2015 4.7 and
50
2.0
1.0
months
2014 . was at a mid level compared with October of 2015 and
0
1.0
0.0
2014 .
0
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
A0.0S O
N
D13J
F
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
13
14
15
16
178
26 39 20 36 29 46 43 46 44 48 43 42
Number of Properties Sold
42 31 24 37
3 Mo Avg
3 Mo Avg
163
159 178
160 163
163 159
160 160
148 163
137 160
145 148
140 137
132 145
113 140
112 132 107 113
109 112
99
107 113
109
113 99 126
113
122 113 134
126 137 134
122
145 134
141 137
132 134
140 145
138 141
151 132
146 140
143 138
163 151
146 192
170 143 188
163 177 192
44 45 36 45 55 50 60 22 28 40 38 33 51 47 46 52 38 170
3 Mo Avg
49 188
42
177
38
Copyright © CB United , Realtors | Price Range : All | Property Types : SFH - Con
10 | c o l d w e l l b a n k e r h o m e s . c o m
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 .