Market Action Report October 2017
Community Information | School District
Market Action Report October 2017
County : Brazoria
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 |
$ 287,950 |
3 % |
|
7 % |
|
|
|
|
Average List Price of all Current Listings |
$ 317,668 |
1 % |
|
10 % |
|
|
|
|
October Median Sales Price |
$ 230,000 |
1 % |
-2% |
9 % |
5 % |
$ 230,000 |
5 % |
5 % |
October Average Sales Price |
$ 243,880 |
0 % |
-1% |
6 % |
3 % |
$ 243,649 |
3 % |
3 % |
Total Properties Currently for Sale ( Inventory ) |
1,074 |
-8% |
|
-4% |
|
|
|
|
October Number of Properties Sold |
361 |
-6% |
|
6 % |
|
3,719 |
4 % |
|
October Average Days on Market ( Solds ) |
59 |
16 % |
18 % |
37 % |
20 % |
52 |
11 % |
6 % |
Asking Price per Square Foot ( based on New Listings ) |
$ 117 |
3 % |
2 % |
8 % |
8 % |
$ 115 |
6 % |
6 % |
October Sold Price per Square Foot |
$ 108 |
-1% |
-1% |
3 % |
6 % |
$ 108 |
6 % |
6 % |
October Month ' s Supply of Inventory |
3.0 |
-1% -10% -10% |
3 % |
3.2 |
12 % |
10 % |
October Sale Price vs List Price Ratio |
95.2 % |
-. 4 % |
-. 7 % -1.4% -1.1% |
96.0 % |
-0% |
-0% |
* LM = Last Month / L3M = Last 3 Months / PYM = Same Month Prior Year / LY = Last Year ( 2016 ) / YTD = Year-to-date
Property Sales 500
October Property sales were 361 , up 6.5 % from 339 in October 450 of 2016 and 6.5 % lower than the 386 sales last month . October Property 2017 sales Sales were at their highest level compared to October of 500
400
October 2016 and Property 2015 . sales October were YTD 361 , sales up 6.5 of % 3,719 from are 339 running October 3.8 %
450 350 of ahead 2016 and of last 6.5 year % lower ' s year-to-date than the 386 sales sales of last 3,584 month . . October 2017 sales were at their highest level compared to October of 400 300 2016 and 2015 . October YTD sales of 3,719 are running 3.8 % 350 250 ahead of last year ' s year-to-date sales of 3,584 .
300 200
250 150
200 100
150 50
100 0 50 0
Prices The Median Sales Price in October was $ 230,000 , up 8.5 % from
Prices $ 211,900 in October of 2016 and up 0.9 % from $ 227,950 last 290 The month Median . The Sales Average Price Sales in October Price was in October $ 230,000 was , up $ 243,880 8.5 % from , up $ 5.6 211,900 % from in October $ 231,016 of in 2016 October and up of 0.9 2016 % from and up $ 227,950 0.4 % from last
270
290 month $ 242,849 . The last Average month Sales . October Price in 2017 October ASP was $ at 243,880 the highest , up level 250
5.6 compared % from $ to 231,016 October in October of 2016 of and 2016 2015 and . up 0.4 % from 270 $ 242,849 last month . October 2017 ASP was at the highest level 230
250 compared to October of 2016 and 2015 . 210
230
210 190
190 170
Brazoria
Agent Name
Title Phone Website Other
Community Information | School District
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 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 J A S O
15 16
17 3 Mo Avg
Median Sales Price and Average Sales Price
257 329 246 240 344 373 365 398 391 399 385 319 255 330 218 264 363 394 403 431 364 412 396 339 332 363 229 313 402 364 466 462 403 333 386 361
N D
14
257 329 246 240 344 373
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
150 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
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 1,074 of , down Properties 7.7 % from available 1,164 for last sale month as of and down 1,400
5.0
October 4.4 % from was 1,124 1,074 , in down October 7.7 % of from last 1,164 year . last October month 2017 and down Inventory 1,4001,200 5.0
4.0 4.4 was % from at a mid 1,124 level in October compared of last with year October . October of 2016 2017 and Inventory 2015 . 1,2001,000
4.0 was at a mid level compared with October of 2016 and 2015 .
1,000 800 3.0
800 3.0
600 2.0
A comparatively lower MSI is more beneficial for sellers while a 600 400 2.0
A higher comparatively MSI is better lower for MSI buyers is more . The beneficial October for 2017 sellers MSI while of 3.0 a 400 1.0 higher months MSI was is better at its lowest for buyers level . The compared October with 2017 October MSI of of 3.02016 200
1.0 months was at its lowest level compared with October of 2016 200 and 2015 . 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
864 794 786 810 763 792 845 911
365
864 794 786 810 763 792 845 398 391
911
1,017 399 385
Number of Properties Sold
319 255 330 218 264 363
983 962 965 944 904 884 889 872 857
1,113 919
1,017 983 962 965 944 904 884 889 872 857 919 1,030 394 403 431 364 412 396
1,030 1,113 1,139 1,090 1,124 339 332 363 229
1,079 1,046 1,017 1,049
1,139 1,090 1,124 1,079 1,046 1,017 1,049 1,058 1,122 1,174 313 402 364
1,058 1,240
1,122 1,333 1,302
3 Mo Avg
466
3 Mo Avg
1,164
1,074 462 403
1,174
1,240 1,333 1,302
3 Mo Avg
333 386
1,164 1,074
361
Copyright © CB United , Realtors | Price Range : All | Property Types : SFH - Con
8 | 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 .