HOU ARCHIVED October 2016 | Page 14

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

County : Harris

Price Range : $ 1,000,000 and Up | 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
$ 1,599,000
0 %
5 %
Average List Price of all Current Listings
$ 2,031,761
1 %
5 %
October Median Sales Price
$ 1,434,968
7 %
3 %
3 %
3 %
$ 1,370,000
-2%
-2%
October Average Sales Price
$ 1,686,027
7 %
4 %
-2%
1 %
$ 1,644,060
-2%
-2%
Total Properties Currently for Sale ( Inventory )
1,038
-4%
5 %
October Number of Properties Sold
79 -12%
-11%
982
-8%
October Average Days on Market ( Solds )
98
38 %
15 %
51 %
34 %
81
16 %
11 %
Asking Price per Square Foot ( based on New Listings )
$ 389
-3%
1 %
6 %
6 %
$ 370
1 %
1 %
October Sold Price per Square Foot
$ 337
-5%
-3%
-4%
-3%
$ 347
0 %
0 %
October Month ' s Supply of Inventory
13.1
10 %
17 %
19 %
44 %
12.0
39 %
32 %
October Sale Price vs List Price Ratio
92.7 %
-. 5 %
. 0 % -1.6% -2.0%
92.7 %
-2%
-2%
* LM = Last Month / L3M = Last 3 Months / PYM = Same Month Prior Year / LY = Last Year ( 2015 ) / YTD = Year-to-date
Property Sales
180
October Property sales were 79 , down 11.2 % from 89 in October of 2015 and 12.2 % lower than the 90 sales last month . October
160
Property
2016 sales Sales were at their lowest level compared to October of
180
140
October
2015 and Property 2014 . sales October were YTD 79 , down sales 11.2 of 982 % from are running 89 October 7.6 % of behind 2015 and last 12.2 year %' s lower year-to-date than the sales 90 sales of 1,063 last month . . October
160
120
2016 sales were at their lowest level compared to October of
140
100
2015 and 2014 . October YTD sales of 982 are running 7.6 % behind last year ' s year-to-date sales of 1,063 .
120
80
100
60
Number of Properties Sold
80
40
60
20
40
0
20
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
The Median Sales Price in October was $ 1,434,968 , up 3.0 %
13
14
15
16
2,000
Prices from $ 1,393,050 in October of 2015 and up 7.4 % from
Median Sales Price and Average Sales Price
The
$ 1,335,625 Median Sales last month Price in . October The Average was $ Sales 1,434,968 Price , up in October 3.0 % was
1,900
2,000 from
$ 1,686,027 $ 1,393,050 , down in October 2.2 % from of 2015 $ 1,723,806 and up 7.4 in October % from of 2015 and
$ up 1,335,625 7.4 % from last month $ 1,570,464 . The last Average month Sales . October Price in 2016 October ASP was at
1,800
1,900
J
A S O
3 Mo Avg
3 Mo Avg
$ a 1,686,027 mid range , down compared 2.2 % from to October $ 1,723,806 of 2015 in October and 2014 of . 2015 and up 7.4 % from $ 1,570,464 last month . October 2016 ASP was at
1,800
1,700
a mid range compared to October of 2015 and 2014 .
1,7001,600
1,6001,500 1,5001,400

Harris

63 90
Agent Name
46
Title Phone Website Other

Community Information | School District

57 84 115
63 90 46 57 84 115 145 144 118 110 108 86 80 104 65 65 109 106 127 156 142 107 97 89 71 93 47 62 90 104 118 152 115 125 90 79
1,4001,300 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
1,300 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 1,038 of , down Properties 3.7 % from available 1,078 for last sale month as of and up 1,400
25.0
October 5.5 % from was 984 1,038 in , down October 3.7 % of from last year 1,078 . October last month 2016 and Inventory up 1,4001,200 25.0
20.0 5.5 was % from at its 984 highest in October level compared of last year with . October October 2016 of 2015 Inventory and 1,2001,000
20.0 was 2014 at . its highest level compared with October of 2015 and
1,000 800 15.0
2014 . 800
15.0 600
10.0 A comparatively lower MSI is more beneficial for sellers while a 600 400
10.0 A higher comparatively MSI is better lower for MSI buyers is more . The beneficial October for 2016 sellers MSI while of a 13.1 400
5.0 higher months MSI was is better at its highest for buyers level . The compared October with 2016 October MSI of 13.1 of 2015 200
5.0 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
145 144 118 110 108
571 517 544 564 587 633 636 625 663 619 630 685 665 661 707
Number of Properties Sold
86
571 517 544 564 587 633 636 625 663 619 630 685
80 104
665 661
771
826 65 65 109 106 127
826 860 883 888
984 910
947 921 948 984 947
707 860 771 883 888 910 921 948 156 142 107 97 89 71
861 906 1,010
1,118
93 47 62
1,161 1,164 1,171 1,148
861 906 1,010
90 104
1,082 1,078 1,038
3 Mo Avg
118 152
1,118 1,161 1,164 1,171 1,148 1,082
115
3 Mo Avg
125
1,078
1,038 90 79
14 | c o l d w e l l b a n k e r h o m e s . c o m
Copyright © CB United , Realtors | Price Range : $ 1,000,000 and Up | Property Types : SFH - Con 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 .