HOU ARCHIVED October 2016 | Page 18

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

County : Harris

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
$ 304,900
2 %
2 %
Average List Price of all Current Listings
$ 458,804
2 %
4 %
October Median Sales Price
$ 200,000
-2%
-3%
8 %
5 %
$ 201,500
5 %
6 %
October Average Sales Price
$ 283,113
0 %
-2%
5 %
2 %
$ 282,476
1 %
2 %
Total Properties Currently for Sale ( Inventory )
14,362
-6%
2 %
October Number of Properties Sold
2,957 -11%
-21%
38,126
-6%
October Average Days on Market ( Solds )
50
9 %
6 %
6 %
9 %
49
11 %
7 %
Asking Price per Square Foot ( based on New Listings )
$ 137
-1%
1 %
1 %
3 %
$ 137
3 %
3 %
October Sold Price per Square Foot
$ 119
-1%
-1%
5 %
4 %
$ 118
2 %
3 %
October Month ' s Supply of Inventory
4.9
6 %
11 %
30 %
48 %
4.0
25 %
21 %
October Sale Price vs List Price Ratio
95.1 %
-. 2 %
-. 5 % -. 3 % -1.2%
95.7 %
-1%
-1%
* LM = Last Month / L3M = Last 3 Months / PYM = Same Month Prior Year / LY = Last Year ( 2015 ) / YTD = Year-to-date
Property Sales
6,000 October Property sales were 2,957 , down 21.5 % from 3,765 in October of 2015 and 10.7 % lower than the 3,312 sales last
5,000 Property month . October Sales2016 sales were at their lowest level compared 6,000 October October Property of 2015 sales and were 2014 2,957 . October , down 21.5 YTD % sales from of 3,765 38,126 in are October of 2015 and 10.7 % lower than the 3,312 last
4,000
running 5.7 % behind last year ' s year-to-date sales of 40,419 . 5,000 month . October 2016 sales were at their lowest level compared
to October of 2015 and 2014 . October YTD sales of 38,126 are 3,000 4,000 running 5.7 % behind last year ' s year-to-date sales of 40,419 . 2,000
3,000
1,000 2,000

Harris

3,404 3,897
Agent Name
Title Phone Website Other

Community Information | School District

2,681 3,202 3,893
Number of Properties Sold
1,000 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 A S O
0 13 14 15
16
Prices
N D J F M A M J JMedian 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
13 14 15
16 3 Mo Avg
The Median Sales Price in October was $ 200,000 , up 8.1 % from 350
Prices $ 185,000 in October of 2015 and down 1.6 % from $ 203,250 Median Sales Price and Average Sales Price
3 Mo Avg The last Median month . Sales The Price Average in October Sales Price was $ in 200,000 October , up was 8.1 $ % 283,113 from ,
330
350 $ up 185,000 4.9 % in from October $ 269,791 of 2015 in October and down of 1.6 2015 % from and up $ 203,250 0.4 % from 310 last $ 281,960 month . last The month Average . October Sales Price 2016 in October ASP was was at the $ 283,113 highest , level
330 290
up compared 4.9 % from to $ October 269,791 of in October 2015 and of 2014 2015 . and up 0.4 % from 310 270 $ 281,960 last month . October 2016 ASP was at the highest level 290 250 compared to October of 2015 and 2014 .
270 230 250
210 230
190 210
170 190
150 170
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 150
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
Inventory & MSI
Total Inventory & Month ' s Supply of Inventory ( MSI )
Inventory The Total Inventory
& MSI of Properties available for sale as of
Total Inventory & Month ' s Supply of Inventory ( MSI )
The October Total Inventory was 14,362 of , Properties down 5.7 % available from 15,224 for sale last as month of and up 18,000
6.0
October 1.8 % from was 14,109 14,362 , in down October 5.7 % of from last 15,224 year . last October month 2016 and up 18,000 16,000
6.0 5.0
1.8 Inventory % from 14,109 was at in its October highest of level last year compared . October with 2016 October of 16,000 14,000 5.0
Inventory 2015 and was 2014 at . its highest level compared with October of 14,000 12,000
4.0
2015 and 2014 .
12,000 10,000 4.0
3.0 10,0008,000
3.0 A comparatively lower MSI is more beneficial for sellers while a 8,0006,000
2.0
A higher comparatively MSI is better lower for MSI buyers is more . The beneficial October for 2016 sellers MSI while of a 4.9 6,0004,000 2.0
1.0 higher months MSI was is better at its highest for buyers level . The compared October with 2016 October MSI of 4.9 of 2015 4,0002,000
1.0 months and 2014 was . at its highest level compared with October of 2015 2,000 0
0.0 and 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 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
4,153 4,653 4,829 4,898 4,704 4,167
3,404 3,897 2,681 3,202 3,893 4,153 4,653 4,829 4,898 4,704 4,167 4,351 3,353 4,257 2,589 2,899 3,904 4,141 4,284 4,909 5,065 4,582 4,281 3,765 2,986 4,019 2,651 3,051 3,979 4,073 4,587 4,865 4,469 4,182 3,312 2,957
13,032 12,014 11,351 11,186 10,933 11,057 11,448 11,530 11,755 11,500 10,939 10,899 10,397 9,839 10,575
Number of Properties Sold
4,351 3,353 4,257 2,589 2,899
10,929 11,047 11,554 12,041
3,904
13,032 12,014 11,351 11,186 10,933 11,057 11,448 11,530 11,755 11,500 10,939 10,899 10,397 9,839 10,575 10,929 11,047 11,554 4,141 4,284 4,909 5,065 4,582 4,281 3,765
12,041
12,564 13,746 13,867 14,084 14,109 13,675
12,564 13,746 13,867 14,084 14,109 13,675 12,745 13,086 13,734 2,986 4,019 2,651
12,745 13,086 13,734
3,051
14,329 14,511 14,731 15,390
3,979 4,073
3 Mo Avg
4,587
15,570 15,442 15,224 14,362 4,865 4,469
14,329 14,511 14,731 15,390 15,570 15,442
3 Mo Avg
4,182 3,312
15,224 14,362
2,957
Copyright © CB United , Realtors | Price Range : All | Property Types : SFH - Con
18 | 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 .