HOU ARCHIVED October 2016 | Page 18

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

County : Montgomery

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
$ 1,499,000
-0%
-6%
Average List Price of all Current Listings
$ 2,071,135
-3%
-3%
October Median Sales Price
$ 1,330,000
6 %
-3%
-7%
-5%
$ 1,370,160
-2%
-2%
October Average Sales Price
$ 1,484,000
11 %
-5%
-1%
-11%
$ 1,641,171
2 %
-1%
Total Properties Currently for Sale ( Inventory )
201
-2%
0 %
October Number of Properties Sold
5 -29%
-58%
89
-32%
October Average Days on Market ( Solds )
162
110 % 38 %
59 %
71 %
104
16 %
9 %
Asking Price per Square Foot ( based on New Listings )
$ 321
16 %
6 %
20 %
6 %
$ 284
-6%
-6%
October Sold Price per Square Foot
$ 217
-10% -12% -14% -17%
$ 251
-5%
-5%
October Month ' s Supply of Inventory
40.2
37 %
36 % 140 % 122 %
24.8
52 %
37 %
October Sale Price vs List Price Ratio
84.8 % -7.6% -5.5% -5.1% -7.0%
90.4 %
-1%
-1%
* LM = Last Month / L3M = Last 3 Months / PYM = Same Month Prior Year / LY = Last Year ( 2015 ) / YTD = Year-to-date
Property Sales October Property sales were 5 , down 58.3 % from 12 in October of 2015 and 28.6 % lower than the 7 sales last month . October Property Sales 2016 sales were at their lowest level compared to October of 25 October Property sales were 5 , down 58.3 % from 12 in October 2015 and 2014 . October YTD sales of 89 are running 31.5 % of 2015 and 28.6 % lower than the 7 sales last month . October behind last year ' s year-to-date sales of 130 . 2016 sales were at their lowest level compared to October of 20 2015 and 2014 . October YTD sales of 89 are running 31.5 % behind last year ' s year-to-date sales of 130 .
15

Montgomery

Agent Name
Title Phone Website Other

Community Information | School District

25
20
15
10
Number of Properties Sold
Number of Properties Sold
3 Mo Avg
3 Mo Avg
10 5
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 A S O
0 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
Prices 13 14
Median Sales 15 Price and Average Sales 16 Price
3 Mo Avg
The Median Sales Price in October was $ 1,330,000 , down 7.3 % Prices
2,400 from $ 1,434,225 in October of 2015 and up 6.4 % from
Median Sales Price and Average Sales Price
3 Mo Avg
The $ 1,250,000 Median Sales last Price month in . October The Average was $ Sales 1,330,000 Price , down in October 7.3 % was 2,4002,200 from $ 1,484,000 $ 1,434,225 , down in October 0.9 % from of 2015 $ 1,497,266 and up 6.4 in % October from of 2015 and $ up 1,250,000
11.1 % from last month
$ 1,336,286
. The last Average month Sales
. October
Price in 2016 October
ASP was was at 2,2002,000 $ a 1,484,000 mid range
, down compared
0.9 % from to October
$ 1,497,266 of 2015 in October and 2014 of
.
2015 and up 11.1 % from $ 1,336,286 last month . October 2016 ASP was at
2,0001,800 a mid range compared to October of 2015 and 2014 .
1,8001,600 1,6001,400 1,4001,200
9 6 6 9
1,2001,000
1,000
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
N
D13J
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
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 201 , down of Properties 2.4 % from available 206 last for month sale as of and equal to
250
October
201 in October was 201 , of down last 2.4 year %. from October 206 last 2016 month Inventory and equal was at to its
250
45.0
201 in October of last year . October 2016 Inventory was at its
200 highest level compared with October of 2015 and 2014 .
40.0
200 highest level compared with October of 2015 and 2014 .
35.0
150
30.0
150
25.0
100
20.0
A comparatively lower MSI is more beneficial for sellers while a
100
A comparatively lower MSI is more beneficial for sellers while a
15.0 higher MSI is better for buyers . The October 2016 MSI of 40.2
50 higher MSI is better for buyers . The October 2016 MSI of 40.2
50
10.0 months was at its highest level compared with October of 2015 months was at its highest level compared with October of 2015
5.0 and 2014 .
0 and 2014 .
0
0.0
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
N
D J
F M A 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
13
14
15
16
141
9 6 6 9 13 12 19 11 16
131
135 141
141 131
145 135
147 141
159 145
160 147
161 159
152 160
151 161
18 152
148
143 12 11
13 12 19 11 16 18 12 11 10 8
10 16
8 16
6 8
6 8 16 14 23 15
16 14 23 15 12 8 12
151
134 148
142 143 152 134 168 142
186
152 197 168 206 186 213 206
197 207
206
201 213
197 206
184 207
175 201
189 197
201 184
175 207
189 215
218 201
215 207
213 215 206 218
201 215
12 5
8
13 12 5 13
9 8 8 9 8 8 10
10 13 12 6
13 11
12 213
6
7 5
206 11
201 7 5
45.0 40.0 35.0 30.0 25.0 20.0 15.0 10.0 5.0 0.0
18 | 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 .