Market Action Report September 2016
Community Information | School District
Market Action Report September 2016
County : Fort Bend
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 |
$ 1,390,000 |
0 % |
|
-0% |
|
|
|
|
Average List Price of all Current Listings |
$ 1,661,159 |
1 % |
|
-8% |
|
|
|
|
September Median Sales Price |
$ 1,260,000 |
-6% |
-3% |
10 % |
1 % |
$ 1,280,000 |
2 % |
2 % |
September Average Sales Price |
$ 1,448,331 |
5 % |
1 % |
7 % |
3 % |
$ 1,433,184 |
0 % |
2 % |
Total Properties Currently for Sale ( Inventory ) |
97 |
0 % |
|
35 % |
|
|
|
|
September Number of Properties Sold |
6 -14% |
-33% |
51 |
2 % |
September Average Days on Market ( Solds ) |
80 |
29 % |
-7% |
-4% |
-11% |
114 |
18 % |
27 % |
Asking Price per Square Foot ( based on New Listings ) |
$ 277 |
12 % |
9 % |
7 % |
9 % |
$ 245 |
-3% |
-4% |
September Sold Price per Square Foot |
$ 236 |
3 % |
5 % |
7 % |
5 % |
$ 223 |
0 % |
-1% |
September Month ' s Supply of Inventory |
16.2 |
17 % |
19 % 102 % -28% |
21.8 |
-3% |
-2% |
September Sale Price vs List Price Ratio |
95.2 % |
-. 3 % 1.2 % 5.1 % 3.0 % |
92.8 % |
-0% |
0 % |
* LM = Last Month / L3M = Last 3 Months / PYM = Same Month Prior Year / LY = Last Year ( 2015 ) / YTD = Year-to-date
Property Sales September Property sales were 6 , down 33.3 % from 9 in
September of 2015 and 14.3 % lower than the 7 sales last month . Property September Sales 2016 sales were at their lowest level compared to 12
September Property of 2015 sales and 2014 were . 6 , September down 33.3 % YTD from sales 9 in of 51 are September running 2.0 of % 2015 ahead and of 14.3 last % year lower ' s than year-to-date the 7 sales sales last of month 50 . . 10
September 2016 sales were at their lowest level compared to September of 2015 and 2014 . September YTD sales of 51 are
8 running 2.0 % ahead of last year ' s year-to-date sales of 50 .
Fort Agent Bend Name
Title Phone Website Other
Community Information | School District
6
4
12
10
8
6
4
2
6
Number of Properties Sold
2
0 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 M J J A S
0 13 14 15
16
Prices
O N D J F M A M J JMedian A S O NSales D J FPrice M A Mand J JAverage A S O N Sales D J FPrice M A M J J A S
13 14 15
16
3 Mo Avg The Median Sales Price in September was $ 1,260,000 , up 10.0 %
Prices from $ 1,145,000 in September of 2015 and down 6.0 % from 2,400 Median Sales Price and Average Sales Price
3 Mo Avg
The $ 1,339,990 Median Sales last month Price in . September The Average was Sales $ 1,260,000 Price in , up September 10.0 % from was $ 1,145,000 1,448,331 in , up September 6.8 % from of $ 2015 1,356,333 and down in September 6.0 % from of 2015
2,200
2,400 $ and 1,339,990 up 4.6 last % from month $ 1,385,284 . The Average last month Sales Price . September in September 2016 ASP 2,000
was $ 1,448,331 at a mid range , up 6.8 compared % from $ 1,356,333 to September in September of 2015 and of 2015 2014 .
2,200
1,800 and up 4.6 % from $ 1,385,284 last month . September 2016 ASP 2,000 was at a mid range compared to September of 2015 and 2014 . 1,600 1,800
1,600
1,400
1,4001,200 1,2001,000
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 M J J A S 1,000
13 14 15
16 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 M J J A S 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 September
Total Inventory was 97 , of equal Properties to 97 last available month for and sale up as 34.7 of
% from 72
120 September in September was 97 of , last equal year to . 97 September last month 2016 and up Inventory 34.7 % from was 72 at its 120 100
80.0 in highest September level of compared last year . with September September 2016 of Inventory 2015 and was 2014 at its . 100
70.0 80 highest level compared with September of 2015 and 2014 . 60.0
80 60
50.0
60 40.0
A comparatively lower MSI is more beneficial for sellers while a 40 30.0
A higher comparatively MSI is better lower for MSI buyers is more . The beneficial September for sellers 2016 while MSI a of 40 20
20.0 higher 16.2 months MSI is better was at for its buyers highest . The level September compared 2016 with MSI September of
20 16.2 of 2015 months and was 2014 at . its highest level compared with September 0
10.0 of 2015 and 2014 .
0 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 M J J0.0A S O N13
D J 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 13 14
15
16
67 65
67 4 65
59 53
5 59 55
1 53
7
6 4 5 1 7 3 10 55
64 66
3 64
10 66
69 75
6 5
6 10 69
5 75
69 64
10 69
61 64
7 64
63 6 61
Number of Properties Sold
7
64
51 56
6
63
69 51
5 77 56 4 1
84 69 84
77 2
7 6 7 6 5 4 1 2 6 3
84 6
84 83
84 75
3 84 72
10 83 81
10 75
5 72
82 76
9 81 81
6 82
88 6 2
102 93
76 81
2 88 93
2
102
97 96
10 10 5 9 6 6 2 2 2 5 4 5
5 11
93
3 Mo Avg
93 4
97
97 97
5 96
11
9 7 6
97
3 Mo Avg
9
97 7 6
80.0 70.0 60.0 50.0 40.0 30.0 20.0 10.0 0.0
Copyright © CB United , Realtors | Price Range : $ 1,000,000 and Up | 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 .