HOU ARCHIVED September 2016 | Page 14

Market Action Report September 2016
Community Information | School District
Market Action Report September 2016

County : Harris

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
$ 1,595,000
3 %
4 %
Average List Price of all Current Listings
$ 2,009,619
2 %
4 %
September Median Sales Price
$ 1,335,625
-7%
-3%
-1%
-4%
$ 1,365,000
-3%
-2%
September Average Sales Price
$ 1,570,464
-2%
-2%
-5%
-6%
$ 1,640,389
-2%
-2%
Total Properties Currently for Sale ( Inventory )
1,083
-0%
14 %
September Number of Properties Sold
90 -28%
-7%
903
-7%
September Average Days on Market ( Solds )
71 -18% -12% -27%
-3%
79
13 %
8 %
Asking Price per Square Foot ( based on New Listings )
$ 399
5 %
6 %
5 %
8 %
$ 369
1 %
0 %
September Sold Price per Square Foot
$ 356
4 %
2 %
3 %
3 %
$ 347
0 %
0 %
September Month ' s Supply of Inventory
12.0
38 %
17 %
23 %
32 %
12.0
42 %
31 %
September Sale Price vs List Price Ratio
93.2 %
1.4 %
. 6 %
-. 5 % -1.5%
92.7 %
-2%
-2%
* LM = Last Month / L3M = Last 3 Months / PYM = Same Month Prior Year / LY = Last Year ( 2015 ) / YTD = Year-to-date
Property Sales
180
September Property sales were 90 , down 7.2 % from 97 in
September of 2015 and 28.0 % lower than the 125 sales last
160
Property month . September Sales 2016 sales were at their lowest level
180
140
September compared Property to September sales were of 2015 90 , down and 2014 7.2 %. September from 97 in YTD
September sales of 903 of 2015 are running and 28.07.3 % % lower behind than last the year 125 ' sales s year-to-date last
160
120
month sales . of September 974 . 2016 sales were at their lowest level
140
100
compared to September of 2015 and 2014 . September YTD sales of 903 are running 7.3 % behind last year ' s year-to-date
120
80
sales of 974 .
100
60
80 40
Number of Properties Sold
60
20
40
0
20
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
Median
J
A S O NSales D
J Price
F M A Mand J Average
J
A S O NSales D
J FPrice M A M J
J
A S
13
14
15
16
3 Mo Avg
The Median Sales Price in September was $ 1,335,625 , down
2,000
Prices
1.1 % from $ 1,350,000 in September of 2015 and down 7.2 %
Median Sales Price and Average Sales Price
3 Mo Avg
The from Median $ 1,440,000 Sales Price last in month September . The Average was $ 1,335,625 Sales Price , down in
1,900
2,000
1.1
September % from $ 1,350,000 was $ 1,570,464 in September , down of 4.52015 % from and $ down 1,645,264 7.2 % in
1,800 from
September $ 1,440,000 of 2015 last and month down . The 1.7 Average % from Sales $ 1,596,890 Price in last month
1,900 .
September was 2016 $ 1,570,464 ASP was , down at the 4.5 lowest % from level $ 1,645,264 compared in to
September of of 2015 2015 and and down 2014 1.7 . % from $ 1,596,890 last month .
September 2016 ASP was at the lowest level compared to
1,700
1,800
1,700
1,600
September of 2015 and 2014 .
1,6001,500
1,5001,400

Harris

62 63
Agent Name
90
Title Phone Website Other

Community Information | School District

46 57 84
62 63 90 46 57 84 115 145 144 118 110 108 86 80 104 65 65 109 106 127 156 142 107 97 89 71 93 47 62 90 104 118 152 115 125 90
1,4001,300
1,300
O
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
13
14
15
16
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
J
A S
Inventory & MSI
13
14
15
16
Total Inventory & Month ' s Supply of Inventory ( MSI )
Inventory
The Total Inventory & MSI of Properties available for sale as of
The
September Total Inventory was 1,083 of Properties
, down 0.4 available % from 1,087 for sale last as month of and up
1,400
September
14.0 % from was 950 1,083 in September , down 0.4 % of from last 1,087 year . last September month and 2016 up
1,4001,200
14.0
Inventory % from 950 was in at September its highest of level last compared year . September with September 2016 of
1,2001,000
Inventory
2015 and was 2014 at . its highest level compared with September of
1,000
800
2015 and 2014 .
800
600
A comparatively lower MSI is more beneficial for sellers while a
600
400
A higher comparatively MSI is better lower for MSI buyers is more . The beneficial September for sellers 2016 while MSI a of
400
200 higher
12.0 months MSI is better was at for its buyers highest . The level September compared 2016 with MSI September of
200
12.0 of 2015 months and was 2014 at . its highest level compared with September
0
Total Inventory & Month ' s Supply of Inventory ( MSI )
25.0
20.0
15.0
10.0
5.0
25.0
20.0
15.0
10.0
5.0
0.0
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
0.0
J A 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
115 145 144 118 110
607 571 517 544 564 587 633 636 625 663 619 630 685 665 661 707
Number of Properties Sold
108 86
607 571 517 544 564 587 633 636 625 663 619 630 685 665 80 104 65
661 707
771 826 860 65 109 106 127
771 826 860 883 888 156 142 107 97 89
883 888 910 921 950 986 950 866 911 1,013
71 93
910 921 950 986 950 866 911
1,120 1,162
47 62 90
1,166 1,173 1,153 1,087 1,083
3 Mo Avg
104 118
1,013 1,120 1,162 1,166 1,173 1,153
152
3 Mo Avg
115
1,087
1,083 125 90
Copyright © CB United , Realtors | Price Range : $ 1,000,000 and Up | Property Types : SFH - Con
14 | 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 .