HOU ARCHIVED October 2016

Market Action Report Grimes County: Grimes Agent Name Market Action Report County: Grimes October 2016 Title Phone Agent Name Website TitleOther Phone Trending versus*: Month LM L3M PYM LY Website $192,450 18% 7% 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 $247,186 Trending 13% versus*: 17% Trending versus*: L3M -9% PYM 9% LY 1% YTD Prior YTD 9% Prior Year 10% 37% $131,250 $192,450 18% -8% 2% 7% 0% $153,000 2% $149,572 -4% 0% Average List Price of all Current $247,186 13% Total Properties Currently for Listings Sale (Inventory) 44 10% 17% -12% October Median Sales Price $120,000 37% -9% 9% -64% 1% $131,250 9% -21%10% October Number of Properties Sold 5 -38% 70 October Average Sales Price $153,000 -8% 2% 0% 2% $149,572 -4% October Average Days on Market (Solds) 52 -15% -34% -54% -44% 78 -19%0% -16% Total Properties Currently for Sale (Inventory) 44 10% -12% Asking Price per Square Foot (based on New Listings) $131 42% 20% 77% 52% $100 14% 16% October Number of Properties Sold 5 -38% -64% 70 -21% October Sold Price per Square Foot $69 -12% -14% -21% -13% $78 -6% -1% October Average Days on Market (Solds) 52 -15% -34% -54% -44% 78 -19% -16% October Month's Supply of Inventory 8.8 76% 51% 146% 48% 8.0 46% 36% Asking Price per Square Foot (based on New Listings) $131 42% 20% 77% 52% $100 14% 16% October Sale Price vs List Price Ratio 87.0% -1.4% -1.8% -1.0% -4.1% 90.1% -1% -1% October Sold Price per Square Foot $69 -12% -14% -21% -13% $78 -6% -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 8.8 76% 51% 146% 48% 8.0 46% 36% of 90.1% Properties October Sale Price vs List Price Ratio 87.0% -1.4% -1.8% -1.0% Number -4.1% -1%Sold -1% 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 $120,000 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 16 . 5 11 8 14 5 6 6 9 3 3 9 14 8 7 12 4 5 8 11 14 5 6 6 9 3 3 9 4 14 8 7 9 12 12 7 6 7 7 4 7 14 9 100 50 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 Total Inventory & Month's Supply of Inventory (MSI) Total Inventory & Month's Supply of Inventory (MSI) 25.0 20.0 15.0 44 40 15.0 40 44 42 43 40 47 46 42 40 47 43 48 47 44 46 44 45 47 44 48 44 42 50 57 20.0 45 50 51 42 45 57 45 40 46 42 45 40 45 46 51 43 41 42 40 40 48 41 50 43 54 58 50 48 63 54 61 58 61 63 62 69 69 25.0 10.0 5.0 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, Types: c o Realtors l d w| ePrice l lRange: b a Alln |kProperty erh 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. 16 | 9 12 7 6 7 7 4 7 14 9 6 8 11 3 5 6 7 4 7 9 6 8 9 11 3 5 6 7 150 72 0 4 200 Inventory & MSI The Total Inventory Inventory & MSI of Properties available for sale as of 80 October was 44, upof10.0% fromavailable 40 last month down 12.0% The Total Inventory Properties for saleand as of from 50was in 44, October of last year. 2016 was at80 70 October up 10.0% from 40 October last month andInventory down 12.0% its lowest level compared withOctober October2016 of 2015 and 2014. 70 60 from 50 in October of last year. Inventory was at its lowest level compared with October of 2015 and 2014. 60 50 50 40 40 30 A comparatively lower MSI is more beneficial for sellers while a 30 20 Ahigher comparatively lower for MSIbuyers. is more The beneficial for2016 sellers while MSI is better October MSI of a8.8 20 10 higher MSI is better for buyers. Octoberwith 2016October MSI of 8.8 months was at its highest levelThe compared of 2015 10 months was at its highest level compared with October of 2015 0 and 2014. and 2014. 3 Mo Avg 250 62 50 Median Sales Price and Average Sales Price 69 69 69 69 100 N D 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 3 Mo Avg 13 14 15 16 300 69 150 3 Mo Avg 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 72 Prices The Median Sales Price in October was $120,000, up 8.6% from $110,500 in October of 2015 and up 37.1% from $87,500 last Prices month. The Average Pricewas in October wasup $153,000, The Median Sales Price Sales in October $120,000, 8.6% fromup 300 0.4% from $152,464 October of37.1% 2015 and 8.1% from $110,500 in October of in 2015 and up fromdown $87,500 last $166,447 month. October 2016 ASP was was$153,000, at the highest month. Thelast Average Sales Price in October up level 250 0.4% from $152,464 in October 2015 and down 8.1% from compared to October of 2015 of and 2014. $166,447 last month. October 2016 ASP was at the highest level 200 compared to October of 2015 and 2014. Number of Properties Sold 69 0 7 October Property sales were 5, down 64.3% from 14 in October 14 of 2015 and 37.5% lower than the 8 sales last month. October Property 2016 salesSales were at their lowest level compared to October of 16 12 October Property wereYTD 5, down 14 in October 2015 and 2014. sales October sales64.3% of 70 from are running 21.3% 14 10 ofbehind 2015 and than the sales 8 sales last37.5% year'slower year-to-date oflast 89.month. October 2016 sales were at their lowest level compared to October of 12 8 2015 and 2014. October YTD sales of 70 are running 21.3% behind last year's year-to-date sales of 89. 10 6 8 4 6 2 4 0 2 10.0 5.0 0.0

HOU ARCHIVED October 2016 | Page 16