HOU ARCHIVED October 2017 | Page 12

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

County : Fort Bend

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
$ 349,000
2 %
3 %
Average List Price of all Current Listings
$ 411,292
2 %
1 %
October Median Sales Price
$ 271,500
-3%
-2%
1 %
-1%
$ 277,578
1 %
1 %
October Average Sales Price
$ 299,295
-5%
-4%
0 %
-3%
$ 314,037
2 %
2 %
Total Properties Currently for Sale ( Inventory )
4,022
-7%
7 %
October Number of Properties Sold
891 -12%
5 %
9,634
2 %
October Average Days on Market ( Solds )
66
16 %
16 %
12 %
10 %
59
2 %
-2%
Asking Price per Square Foot ( based on New Listings )
$ 119
2 %
1 %
-2%
3 %
$ 117
1 %
1 %
October Sold Price per Square Foot
$ 109
-2%
-1%
1 %
1 %
$ 111
3 %
3 %
October Month ' s Supply of Inventory
4.5
6 %
-6%
3 %
12 %
4.4
7 %
8 %
October Sale Price vs List Price Ratio
94.1 %
-. 6 %
-. 7 % -. 9 % -1.1%
95.0 %
-0%
-0%
* LM = Last Month / L3M = Last 3 Months / PYM = Same Month Prior Year / LY = Last Year ( 2016 ) / YTD = Year-to-date

Fort Agent Bend Name Title Phone Website Other

Community Information | School District

Property Sales
1,400
October Property sales were 891 , up 4.6 % from 852 in October of 2016 and 12.0 % lower than the 1,013 sales last month .
1,200
Number of Properties Sold
3 Mo Avg
Property
October 2017 Sales sales were at their highest level compared to
1,400
October Property of 2016 sales and 2015 were . 891 October , up 4.6 YTD % from sales 852 of in 9,634 October are of running 2016 and 2.2 12.0 % ahead % lower of than last year the 1,013 ' s year-to-date sales last month sales of . 9,427 .
October 2017 sales were at their highest level compared to
October of 2016 and 2015 . October YTD sales of 9,634 are running 2.2 % ahead of last year ' s year-to-date sales of 9,427 .
1,000
1,200
800
1,000
600
800
400
600
200
400
200
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
14
15
16
17
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
The Median Sales Price in October was $ 271,500 , up 1.3 % from
14
15
16
17
350
Prices
$ 268,000 in October of 2016 and down 3.0 % from $ 280,000
Median Sales Price and Average Sales Price
The last Median month . Sales The Price Average in October Sales Price was $ in 271,500 October , up was 1.3 % $ 299,295 from ,
340
350
$ up 268,000 0.1 % from in October $ 299,021 of 2016 in October and down of 3.0 2016 % from and down $ 280,000 4.7 % from
330 last
$ 314,110 month . last The month Average . October Sales Price 2017 in ASP October was was at a $ mid 299,295 range ,
340
320 up compared 0.1 % from to $ October 299,021 of in 2016 October and of 2015 2016 . and down 4.7 % from
330
310
J
A S O
3 Mo Avg
3 Mo Avg
$ 314,110 last month . October 2017 ASP was at a mid range compared to October of 2016 and 2015 .
320
300
310
290
300
280
290
270
280
260
270
250
260
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
250
14
15
16
17
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
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 4,022 of , down Properties 6.7 % available from 4,313 for last sale month as of and up
6,000
October
7.3 % from was 3,749 4,022 , in down October 6.7 % of from last 4,313 year . last October month 2017 and up Inventory
6,0005,000
7.3 was % from at its 3,749 highest in October level compared of last year with . October 2017 of 2016 Inventory and
5,000 was
2015 at .
4,000 its highest level compared with October of 2016 and
Total Inventory & Month ' s Supply of Inventory ( MSI )
6.0
5.0
6.0
5.0
4.0
2015 .
4,000
3,000
4.0
3.0
3,000
A comparatively lower MSI is more beneficial for sellers while a
2,000
3.0
2.0
A higher comparatively MSI is better lower for MSI buyers is more . The beneficial October for 2017 sellers MSI while of 4.5 a
2,000
1,000 higher months MSI was is better at its highest for buyers level . The compared October with 2017 October MSI of 4.5 of 2016
1,000 months and 2015 was . at its highest level compared with October of 2016
0
2.0
1.0
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
D 14J
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
782 1,027 619 676 969
782 1,027 619 676 969 920 1,015 1,224 1,197 1,172 958 871 707 1,023 578 655 927 910 1,091 1,217 1,048 1,226 923 852 869 1,002 603 710 1,016 999 1,242 1,260 1,072 828 1,013 891
2,294 2,259 2,416 2,606
2,294 2,259 2,416 2,606 2,637 2,824 3,013
920 1,015 1,224 1,197 1,172 958
3,212 3,396 3,316 3,256 3,272 3,134 3,014 3,183 3,274 3,502 3,636
2,637 2,824 3,013 3,212 3,396
Number of Properties Sold
871 707 1,023 578 655
3,316 3,256 3,272 3,134 3,014 3,183 3,274 3,502 927 910 1,091 1,217 1,048 1,226 923
3,636
3,710 4,034 4,202 4,152 3,930 3,749 852 869 1,002
3,710 4,034 4,202 4,152 3,930 3,749 3,537 3,319 3,288 3,372 3,648 3,924
603 710
4,285 4,609
3,537 3,319 3,288 3,372 3,648
1,016
4,806 4,717
3,924 999 1,242
4,313
4,022 1,260 1,072
4,285 4,609 4,806 4,717
3 Mo Avg
828 1,013
4,313 4,022
891
Copyright © CB United , Realtors | Price Range : All | Property Types : SFH - Con
12 | 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 .