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