HOU ARCHIVED October 2016 | Page 12
Market Action Report
County: Fort Bend
Fort Bend
Agent Name
Market Action Report
County: Fort Bend
October 2016
Title
Phone
Agent
Name
Website
TitleOther
Phone
Trending versus*:
Month
LM L3M PYM
LY
Website
$349,500
2%
-0%
Other
October 2016
Community Information | School District
Price Range: All | Properties: SFH - Con
Market Profile & Trends Overview
Median
List Price of all Current Listings
Price Range: All | Properties: SFH - Con
Trending versus*:
Prior YTD Prior Year
YTD
$412,724 Trending
2%
-1%
versus*:
Trending versus*:
L3M -4%
PYM -4%
LY -5%
YTD
Prior YTD -2%
Prior Year -1%
1%
$275,000
$349,500
2% -2% -5%
-0% -5% -5%
$295,836
$307,778
-2%
-1%
Average
List Price of
all Current
$412,7243,594
2% -7%
-1% 10%
Total Properties
Currently
for Listings
Sale (Inventory)
October Median Sales Price
$265,000 682
1% -9%
-4% -4% -22%
-5%
$275,000 8,863
-2% -8% -1%
October Number of Properties Sold
October Average Sales Price
$295,836
-2%
-5%
-5%
-5%
$307,778
-2% 14% -1% 10%
October Average Days on Market (Solds)
58 18% 12% 5% 12%
57
Total Properties Currently for Sale (Inventory)
3,594 -7%
10%
Asking Price per Square Foot (based on New Listings)
$118 2% 2% 3% 4%
$116
2%
2%
October Number of Properties Sold
682 -9%
-22%
8,863
-8%
October Sold Price per Square Foot
$108 0% -1% 1% 1%
$108
1%
1%
October Average Days on Market (Solds)
58 18% 12% 5% 12%
57
14%
10%
October Month's Supply of Inventory
5.3 2% 10% 40% 60 %
4.3
36%
32%
Asking Price per Square Foot (based on New Listings)
$118 2% 2% 3% 4%
$116
2%
2%
October Sale Price vs List Price Ratio
95.1% .0% -.3% .3% -.8%
95.4%
-1%
-0%
October Sold Price per Square Foot
$108
0%
-1%
1%
1%
$108
1%
1%
* LM=Last Month / L3M=Last 3 Months / PYM=Same Month Prior Year / LY=Last Year (2015) / YTD = Year-to-date
October Month's Supply of Inventory
5.3 2% 10% 40% 60%
4.3
36%
32%
of 95.4%
Properties
October Sale Price vs List Price Ratio
95.1% .0% -.3% .3% Number
-.8%
-1%Sold -0%
Average List Price of all Current Listings
Market
Trends
OctoberProfile
Median&Sales
PriceOverview
Median
List
Price ofSales
all Current
October
Average
Price Listings
Month
LM
$265,000
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
1,400
682
1,038
751
1,031
1,209
907
1,031
1,089
924
1,209
1,038
654
1,089
1,022
578
707
871
578
1,172
958
1,022
1,197
1,224
920
969
676
1,015
1,172
1,197
1,224
1,015
1,026
1,186
619
1,125
928
782
1,247
1,027
1,027
1,054
1,186
928
959
1,125
1,026
925
1,247
708
1,054
601
921
766
3 Mo Avg
682
751
907
924
654
707
871
958
920
969
676
619
782
959
925
708
601
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
N D J F M A M J J Median
A S O N Sales
D J F Price
M A Mand
J J Average
A S O N DSales
J F MPrice
A M J J A S O
3 Mo Avg
13 14
15
16
Prices
The Median Sales Price in October was $265,000, down 3.6%
from $275,000 in October of 2015 and up 0.7% from $263,235
Prices
lastMedian
month.Sales
ThePrice
Average
Sales Price
in Octoberdown
was $295,836,
The
in October
was $265,000,
3.6%
down
4.7% from
$310,351
October
of0.7%
2015from
and down
1.8% 340
from
$275,000
in October
of in
2015
and up
$263,235
from
$301,323
last month.
2016 ASP
was
at the lowest
last
month.
The Average
SalesOctober
Price in October
was
$295,836,
320
down
from $310,351
in October
2015
and down 1.8%
level4.7%
compared
to October
of 2015 of
and
2014.
from $301,323 last month. October 2016 ASP was at the lowest 300
level compared to October of 2015 and 2014.
280
Number of Properties Sold
921
0
766
October Property sales were 682, down 21.7% from 871 in
October of 2015 and 9.2% lower than the 751 sales last month.
1,200
Property
Sales
October 2016
sales were at their lowest level compared to
1,400
October
were 682,
downYTD
21.7%
from
in are
1,000
OctoberProperty
of 2015sales
and 2014.
October
sales
of871
8,863
October
2015behind
and 9.2%
lower
than
the 751 sales
lastof
month.
1,200
runningof7.9%
last
year's
year-to-date
sales
9,621.
800
October 2016 sales were at their lowest level compared to
1,000
October of 2015 and 2014. October YTD sales of 8,863 are
600
running 7.9% behind last year's year-to-date sales of 9,621.
800
400
600
200
400
0
200
Median Sales Price and Average Sales Price
340
3 Mo Avg
320
300
280
260
260 240
240 220
220 200
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
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
0
and 2014.
.
5.0
5.0
4.0
4.0
3.0
4,125
3,865
3,594
3,274
3,139
3,501
3,018
3,631
3,185
3,700
3,274
4,021
3,501
4,183
3,631
4,125
3,700
3,865
4,021
3,594
4,183
3,018 3,261
3,1853,277
2,467
2,490
2,420
2,514
6.0
6.0
3.0
2.0
1.0
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 D 13J 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
Copyright © CB United, Realtors | Price Range: All | Property Types: SFH - Con
Copyright © CB United,
Realtors
col
d w| ePrice
l lRange:
b a Alln |kProperty
e r hTypes:
o mSFHe-sCon c o m
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.
12 |
3,2773,402
3,139 3,322
Total Inventory & Month's Supply of Inventory (MSI)
Total Inventory & Month's Supply of Inventory (MSI)
2,683
2,467
2,420 2,683
Inventory & MSI
The Total Inventory
Inventory
& MSI of Properties available for sale as of
4,500
October
was 3,594,ofdown
7.0% available
from 3,865
The
Total Inventory
Properties
forlast
salemonth
as of and up
4,5004,000
9.7% from
October
last3,865
year. last
October
October
was 3,277
3,594,in
down
7.0%of
from
month2016
and Inventory
up
4,0003,500
was from
at its3,277
highest
level compared
withOctober
October2016
of 2015
and
9.7%
in October
of last year.
Inventory
3,5003,000
2014.
was
at its highest level compared with October of 2015 and
3,0002,500
2014.
2,5002,000
A comparatively lower MSI is more beneficial for sellers while a2,0001,500
Ahigher
comparatively
lower for
MSIbuyers.
is more The
beneficial
for2016
sellers
while
MSI is better
October
MSI
of a5.3 1,5001,000
higher
MSI
is better
for buyers.
Octoberwith
2016October
MSI of 5.3
months
was
at its highest
levelThe
compared
of 20151,000 500
500
months
was at its highest level compared with October of 2015
0
and 2014.
2,490
2,544
2,676
2,514
2,778
2,544
2,772
2,676
2,6452,778
2,508 2,772
2,430 2,645
2,301 2,508
2,266
2,430
2,423
2,301
2,613
2,266
2,644
2,423
2,831
2,613
3,020
2,644
3,219
2,831
3,402
3,020
3,322
3,219
3,261
200
2.0
1.0
0.0