HOU ARCHIVED October 2017 | Page 18

Market Action Report
Harris
County: Harris
Agent Name
Market Action Report
County: Harris
October 2017
Title
Phone
Agent
Name
Website
Title Other
Phone
Trending versus*:
Month
LM L3M PYM
LY
Website
$315,000
5%
6%
Other
October 2017
Community Information | School District
Price Range: All | Properties: SFH - Con
Market Profile & Trends Overview
Median
List Price of all Current Listings
Price Range: All | Properties: SFH - Con
Trending versus*:
Prior YTD Prior Year
YTD
$472,437 Trending
4%
6%
versus*:
Trending versus*:
L3M -1%
PYM 5%
LY 4%
YTD
Prior YTD 4%
Prior Year 4%
-2%
$210,000
$315,000
5% -2% -2%
6% 3%
$286,648
2%
$292,665
4%
4%
Average
List Price of
all Current
$472,437
4% -7%
6% -5%
Total Properties
Currently
for Listings
Sale (Inventory)
14,262
October Median Sales Price
$210,000 3,867
-2% -7%
-1% 5% 4%
4%
$210,000 40,893
4% 1% 4%
October Number of Properties Sold
October Average Sales Price
$286,648
-2%
-2%
3%
2%
$292,665
4% 2% 4%
October Average Days on Market (Solds)
56 14% 17% 12% 10%
50
-2%
Total Properties Currently for Sale (Inventory)
14,262 -7%
-5%
Asking Price per Square Foot (based on New Listings)
$145 -1% 4% 8% 7%
$140
3%
3%
October Number of Properties Sold
3,867 -7%
4%
40,893
1%
October Sold Price per Square Foot
$122 1% 0% 4% 3%
$123
4%
3%
October Average Days on Market (Solds)
56 14% 17% 12% 10%
50
2%
-2%
October Month's Supply of Inventory
3.7 0% -8% -9% -1%
3.9
4%
5%
Asking Price per Square Foot (based on New Listings)
$145 -1% 4% 8% 7%
$140
3%
3%
October Sale Price vs List Price Ratio
94.8% -.2% -.5% -.2% -.7%
95.5%
-0%
-0%
October Sold Price per Square Foot
$122 1% 0% 4% 3%
$123
4%
3%
* LM=Last Month / L3M=Last 3 Months / PYM=Same Month Prior Year / LY=Last Year (2016) / YTD = Year-to-date
October Month's Supply of Inventory
3.7 0% -8% -9% -1%
3.9
4%
5%
of 95.5%
Properties
October Sale Price vs List Price Ratio
94.8% -.2% -.5% -.2% Number
-.7%
-0% Sold -0%
Average List Price of all Current Listings
Market
Trends
October Profile
Median & Sales
Price Overview
Median
List
Price of Sales
all Current
October
Average
Price Listings
Month
LM
$210,000
3 Mo Avg
* LM=Last
Month / L3M=Last
3 Months / PYM=Same Month Prior Year / LY=Last Year (2016) / YTD = Year-to-date
Property
Sales
6,000
190
170
150
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
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
10,000
10,000
A comparatively lower MSI is more beneficial for sellers while a
5,000
A higher
comparatively
lower for
MSI buyers.
is more The
beneficial
for 2017
sellers
while
a
MSI is better
October
MSI
of 3.7
higher
MSI
is better
for buyers.
October with
2017
MSI of of
3.7 2016 5,000
months
was
at its lowest
level The
compared
October
months
was at its lowest level compared with October of 2016
0
and 2015.
0
and 2015.
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
N D 14
J F 15
M A M J J A S O N D J F M 16 A M J J A S O N D J F M 17
A M J J A S O
14 15
16
17
Copyright © CB United, Realtors | Price Range: All | Property Types: SFH - Con
Copyright © CB United,
Types:
c o Realtors
l d w | e Price
l l Range:
b a All n | k Property
erh
o m SFH e - s Con c o m
Data is provided courtesy of Houston Association of REALTORS and may not reflect all relevant real estate activity. CB United, Realtors
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.
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.
6.0
6.0 5.0
5.0 4.0
4.0 3.0
Total Inventory & Month's Supply of Inventory (MSI)
Total Inventory & Month's Supply of Inventory (MSI)
2015.
.
N D J F M A M J J Median
A S O N Sales
D J F Price
M A M and
J J Average
A S O N D Sales
J F M Price
A M J J A S O
3 Mo Avg
14 15
16
17
350
Median Sales Price and Average Sales Price
3 Mo Avg
330
310
290
270
250
230
210
Inventory & MSI
The Total Inventory
Inventory
& MSI of Properties available for sale as of
20,000
October
was 14,262,
down 7.0% available
from 15,343
last as month
and
The
Total Inventory
of Properties
for sale
of
down 5.4%
from 15,072
October
of last last
year.
October
October
was 14,262,
down in
7.0%
from 15,343
month
and 2017 20,000
Inventory
was at
a mid in level
compared
with October
of 2016 and 15,000
down
5.4% from
15,072
October
of last year.
October 2017
2015. was at a mid level compared with October of 2016 and 15,000
Inventory
18 |
3,052
2,655
4,512
4,881
3 Mo Avg
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
Prices
The Median Sales Price in October was $210,000, up 5.0% from
$200,000 in October of 2016 and down 1.9% from $214,000
Prices
last Median
month. Sales
The Price
Average
Sales Price
in October up
was
$286,648,
The
in October
was $210,000,
5.0%
from
350
up 3.4% from
$277,130
in October
of 2016
and down
2.2% from
$200,000
in October
of 2016
and down
1.9% from
$214,000
330
$293,131
2017
was was
at the
highest level
last
month. last
The month.
Average October
Sales Price
in ASP
October
$286,648,
up
3.4% from
of 2015.
2016 and down 2.2% from 310
compared
to $277,130
October in
of October
2016 and
$293,131 last month. October 2017 ASP was at the highest level 290
270
compared