HOU ARCHIVED October 2017 | Page 10

Market Action Report October 2017
Community Information | School District
Market Action Report October 2017

County : Chambers

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
$ 287,760
-4%
-4%
Average List Price of all Current Listings
$ 334,529
3 %
-1%
October Median Sales Price
$ 210,150
-3%
-8%
-2%
-8%
$ 240,000
7 %
5 %
October Average Sales Price
$ 237,851
-8%
-5%
3 %
0 %
$ 253,723
7 %
7 %
Total Properties Currently for Sale ( Inventory )
161 -13%
-9%
October Number of Properties Sold
58
4 %
18 %
478
2 %
October Average Days on Market ( Solds )
62
48 %
38 %
27 %
19 %
54
10 %
4 %
Asking Price per Square Foot ( based on New Listings )
$ 115
-12% -3% -12%
5 %
$ 116
5 %
5 %
October Sold Price per Square Foot
$ 102
-11% -8%
2 %
0 %
$ 108
6 %
6 %
October Month ' s Supply of Inventory
2.8 -16% -28% -23% -22%
3.7
7 %
5 %
October Sale Price vs List Price Ratio
95.6 %
. 7 %
-. 4 %
. 7 %
-. 6 %
96.4 %
-0%
0 %
* LM = Last Month / L3M = Last 3 Months / PYM = Same Month Prior Year / LY = Last Year ( 2016 ) / YTD = Year-to-date
Property Sales October Property sales were 58 , up 18.4 % from 49 in October of
2016 and 3.6 % higher than the 56 sales last month . October Property 2017 sales Sales were at their highest level compared to October of 70
October 2016 and Property 2015 . sales October were YTD 58 , up sales 18.4 of % 478 from are 49 running October 2.4 % of 2016 ahead and of 3.6 last % year higher ' s year-to-date than the 56 sales last of 467 month . . October 60 2017 sales were at their highest level compared to October of 2016 and 2015 . October YTD sales of 478 are running 2.4 % 50 ahead of last year ' s year-to-date sales of 467 .
40
Prices
N
D
The Median Sales Price in October was $ 210,150 , down 2.2 %
14
Prices from $ 214,900 in October of 2016 and down 3.1 % from
290
The
$ 216,950 Median last Sales month Price . in The October Average was Sales $ 210,150 Price , down in October 2.2 % was from
$ 237,851 $ 214,900 , up 2.7 in October % from of $ 231,665 2016 and in down October 3.1 % of from 2016 and down
270
290
$
7.9 216,950 % from last $ month 258,329 . The last Average month . Sales October Price 2017 in October ASP was was at the
250
$ highest 237,851 , level up 2.7 compared % from $ 231,665 to October in October of 2016 of and 2016 2015 and . down
270
7.9 % from $ 258,329 last month . October 2017 ASP was at the
230
250
highest level compared to October of 2016 and 2015 .
210
230
210
190
190
170

Chambers

Agent Name
Title Phone Website Other

Community Information | School District

30 20 10 0
70 60 50 40 30 20 10 0
Number of Properties Sold
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 14 15
16
17 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
15 16
17 3 Mo Avg
Median Sales Price and Average Sales Price
42 31 24 37 44 45 36 45 55 50 60 22 28 40 38 33 51 47 46 52 39 57 55 49 43 40 28 32 54 53 44 53 59 41 56 58
170
150
150
N
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
14
15
16
17
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
A S O
Inventory & MSI
14
15
16
17
Total Inventory & Month ' s Supply of Inventory ( MSI )
Inventory
The Total Inventory & MSI of Properties available for sale as of
The
October Total Inventory was 161 , down of Properties 13.0 % from available 185 last for sale month as of and down
250
October
8.5 % from was 176 161 , in down October 13.0 % of from last 185 year last . October month and 2017 down Inventory
250
200
8.5 was % from at a mid 176 level in October compared of last with year October . October of 2017 2016 Inventory and 2015 .
200 was at a mid level compared with October of 2016 and 2015 .
150
Total Inventory & Month ' s Supply of Inventory ( MSI )
7.0
6.0
5.0
7.0
6.0
5.0
4.0
150
100
4.0
3.0
A comparatively lower MSI is more beneficial for sellers while a
100
A higher comparatively MSI is better lower for MSI buyers is more . The beneficial October for 2017 sellers MSI while of 2.8 a higher months MSI was is better at its lowest for buyers level . The compared October with 2017 October MSI of of 2.82016
50 months and 2015 was . at its lowest level compared with October of 2016
50
0
3.0
2.0
1.0
2.0
1.0
0.0
and 2015 .
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
D14J
F
15 M A M J
J
A S O N D J
F M16A M J
J
A S O N D J
F M
17 A M J
J
A S O
14
15
16
17
112
42 31 24 37 44 45 36 45 55 50 60 22
Number of Properties Sold
28 40 38 33
3 Mo Avg
3 Mo Avg
107
109 112
99 107
113 109
113 99
126 113
122 113
134 126
137 122
134 134
145 137
141 134 132 145
140 141
138 132 151
140 146
138 143
151 163 146
192 143 169 187
163
176 192
164 169
154 187
143 176
149 164
144 154
155 143
167 149
166 144
155 208
167 228 185 166
161 208
51 47 46 52 39 57 55 49 43 40 28 32 54 53 44 53 59 228
3 Mo Avg
41 185
56
161
58
Copyright © CB United , Realtors | Price Range : All | Property Types : SFH - Con
10 | 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 .