HOU ARCHIVED October 2016 | Page 8

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

County : Brazoria

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
$ 274,900
1 %
7 %
Average List Price of all Current Listings
$ 298,214
1 %
2 %
October Median Sales Price
$ 211,500
-5%
-4%
3 %
2 %
$ 220,000
7 %
6 %
October Average Sales Price
$ 229,813
-5%
-4%
3 %
2 %
$ 237,067
5 %
5 %
Total Properties Currently for Sale ( Inventory )
1,073
1 %
12 %
October Number of Properties Sold
256 -18%
-20%
3,346
-3%
October Average Days on Market ( Solds )
41
-9%
0 %
-16% -16%
46
-4%
-6%
Asking Price per Square Foot ( based on New Listings )
$ 110
-2%
0 %
4 %
8 %
$ 108
6 %
6 %
October Sold Price per Square Foot
$ 104
0 %
0 %
8 %
9 %
$ 102
6 %
6 %
October Month ' s Supply of Inventory
4.2
22 %
16 %
39 %
55 %
3.0
17 %
13 %
October Sale Price vs List Price Ratio
96.7 %
. 8 %
. 3 %
. 5 %
. 0 %
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
500
October Property sales were 256 , down 19.7 % from 319 in
October of 2015 and 17.7 % lower than the 311 sales last month .
450
Property
October 2016 Sales sales were at their lowest level compared to
500
400
October Property of 2015 sales and 2014 were . 256 October , down YTD 19.7 % sales from of 319 3,346 in are
October running of 3.3 2015 % behind and 17.7 last % lower year ' than s year-to-date the 311 sales sales last of month 3,460 ..
October 2016 sales were at their lowest level compared to
450
350
400
300
October of 2015 and 2014 . October YTD sales of 3,346 are
350
250
running 3.3 % behind last year ' s year-to-date sales of 3,460 .
300
200
250
150
200 100 150

Brazoria

Agent Name
Title Phone Website Other

Community Information | School District

50
258 235 200 250 317 315
Number of Properties Sold
100 0
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
0 13 14 15
16
Prices
N D J F M A M J J Median A S O N DSales J F MPrice A M and J J AAverage 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 $ 211,500 , up 3.2 % from 250
Prices $ 205,000 in October of 2015 and down 5.2 % from $ 223,000 Median Sales Price and Average Sales Price
3 Mo Avg The last Median month . Sales The Price Average in October Sales Price was $ in 211,500 October , up was 3.2 $ % 229,813 from ,
240
250 $ up 205,000 3.3 % from in October $ 222,579 of 2015 in October and down of 5.2 2015 % from and down $ 223,000 5.0 % from 230 last $ 241,784 month . last The month Average . October Sales Price 2016 in October ASP was was at the $ 229,813 highest , level
240 220
up compared 3.3 % from to $ October 222,579 of in 2015 October and of 2014 2015 . and down 5.0 % from 230 210 $ 241,784 last month . October 2016 ASP was at the highest level 220 200 compared to October of 2015 and 2014 .
210 190 200
180 190
170 180
160 170
150 160
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 1,073 , of up Properties 0.7 % from available 1,066 last for sale month as of and up 11.7 % 1,400
6.0
October from 961 was in 1,073 October , up 0.7 of last % from year 1,066 . October last month 2016 Inventory and up 11.7 was % at 1,4001,200
6.0 5.0 from its highest 961 in October level compared of last year with . October 2016 of 2015 Inventory and 2014 was . at 1,2001,000 5.0
4.0 its highest level compared with October of 2015 and 2014 .
1,000 800 4.0
3.0
800 600 3.0
A comparatively lower MSI is more beneficial for sellers while a 600 2.0
400 A higher comparatively MSI is better lower for MSI buyers is more . The beneficial October for 2016 sellers MSI while of a 4.2
2.0 400 higher months MSI was is better at its highest for buyers level . The compared October with 2016 October MSI of 4.2 of 2015 200
1.0
1.0 months was at its highest level compared with October of 2015
200 and 2014 .
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
384 431 402 401
258 235 200 250 317 315 384 431 402 401 324 323 257 329 246 240 344 373 365 398 391 399 385 319 255 330 218 264 363 394 402 430 355 353 311 256
1,223 1,155 1,133 1,096 1,052 1,082 1,062 1,075 1,056
1,223 1,155 1,133 1,096 1,052 1,082 1,062 1,075 1,056 1,017 959 908
324
Number of Properties Sold
323 257 329 246 240 344
864 794 786 810 763 792 845 911 373 365
1,017 959 908 864 794 786 810 763 792 845
398 391 399 385
911 1,015 981 959 961 319 255 330 218 264
1,015 981 959 961 939 899 879 883 866 851 912 1,020
363 394
1,097 1,122
3 Mo Avg
402
1,066
1,073 430 355
939 899 879 883 866 851 912 1,020 1,097 1,122
3 Mo Avg
353 311
1,066 1,073
256
Copyright © CB United , Realtors | Price Range : All | Property Types : SFH - Con
8 | 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 .