Market Action Report September 2016
Community Information | School District
Market Action Report September 2016
County : Montgomery
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 |
$ 1,547,500 |
-1% |
|
-3% |
|
|
|
|
Average List Price of all Current Listings |
$ 2,144,712 |
0 % |
|
-1% |
|
|
|
|
September Median Sales Price |
$ 1,250,000 |
-16% |
0 % |
3 % |
-11% |
$ 1,372,580 |
-2% |
-2% |
September Average Sales Price |
$ 1,336,286 |
-24% -10% -10% -20% |
$ 1,650,526 |
1 % |
-1% |
Total Properties Currently for Sale ( Inventory ) |
206 |
-4% |
-0% |
September Number of Properties Sold |
7 -36% |
-13% |
84 |
-29% |
September Average Days on Market ( Solds ) |
77 -25% -15% 43 % |
-19% |
101 |
13 % |
6 % |
Asking Price per Square Foot ( based on New Listings ) |
$ 276 |
-13% |
-6% |
-6% |
-9% |
$ 282 |
-8% |
-7% |
September Sold Price per Square Foot |
$ 241 |
-5% |
-4% |
-12% |
-8% |
$ 253 |
-4% |
-4% |
September Month ' s Supply of Inventory |
29.4 |
51 % |
4 % |
14 % |
62 % |
23.2 |
42 % |
28 % |
September Sale Price vs List Price Ratio |
91.8 % |
. 9 % |
-. 1 % -7.4% |
. 6 % |
90.7 % |
-1% |
-1% |
* 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 7 , down 12.5 % from 8 in September of 2015 and 36.4 % lower than the 11 sales last Property month . September Sales 2016 sales were at their lowest level 25
September compared Property to September sales were of 2015 7 , down and 12.5 2014 %. from September 8 in YTD September sales of 84 of are 2015 running and 36.4 28.8 % lower % behind than last the year 11 sales ' s year-to-date
last month . September 2016 sales were at their lowest level
20 sales of 118 . compared to September of 2015 and 2014 . September YTD sales of 84 are running 28.8 % behind last year ' s year-to-date 15 sales of 118 .
Montgomery
Agent Name
Title Phone Website Other
Community Information | School District
25
20
15
10
Number of Properties Sold
Number of Properties Sold
3 Mo Avg
3 Mo Avg
10
5
5 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 $ 1,250,000 , up 2.9 % 2,400
Prices from $ 1,214,250 in September of 2015 and down 15.7 % from Median Sales Price and Average Sales Price
3 Mo Avg
The $ 1,483,365 Median Sales last month Price in . September The Average was Sales $ 1,250,000 Price in , September up 2.9 % 2,200
2,400 from was $ 1,214,250 1,336,286 in , down September 10.2 % of from 2015 $ and 1,488,813 down 15.7 in September % from of $ 2015 1,483,365 and down last month 24.3 %. The from Average $ 1,765,306 Sales Price last month in September
2,000
. September 2,200 was 2016 $ 1,336,286 ASP was , at down a mid 10.2 range % from compared $ 1,488,813 to September in of of 2015
2,000
1,800 2015 and and 2014 down . 24.3 % from $ 1,765,306 last month . September 2016 ASP was at a mid range compared to September of 2015 1,8001,600 and 2014 .
1,6001,400
16
16
1,4001,200
9 6 6 9
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 206 of , down Properties 3.7 % available from 214 for last sale month as of and down
250
September 0.5 % from was 207206 in , September down 3.7 % of from last 214 year last . September month and 2016 down 250
45.0 200
0.5 Inventory % from 207 was in at September a mid level of compared last year . September with September 2016 of 2015 40.0
200 Inventory and 2014 was . at a mid level compared with September of 2015
35.0 150 and 2014 . 30.0
150 25.0
100 A comparatively lower MSI is more beneficial for sellers while a
20.0
100 A higher comparatively MSI is better lower for MSI buyers is more . The beneficial September for sellers 2016 while MSI a of 50
15.0 higher 29.4 months MSI is better was at for its buyers highest . The level September compared 2016 with MSI September of 50 10.0
29.4 of 2015 months and was 2014 at . its highest level compared with September 0 5.0 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
143 141
143 9 141
131 135
6 131 141
6 135
9 141
145 147
13 145
12 147
159 160
19 159
11 160
161 152
16 161
151 148
18 152
143 12 151
11
148
134 142
13 12 19 11 16 18 12 11 10 8
10 16 143
8
152 134 168 142
16
6 8
6
186 197
152
8 16
206 213
168 186 197 206
14 206
23 213
207 201
15
16 14 23 15 12 8 12 206
12 5 207
197 184
8 13
201 12 197
175 189
5 184
13
201 207
175
215 189
9 8 8 9 8
201
218 216
8
207 215
10
214 206
10 13 12 6
13 11
218 12 7
216 214
6
206 11 7
45.0 40.0 35.0 30.0 25.0 20.0 15.0 10.0 5.0 0.0
Copyright © CB United , Realtors | Price Range : $ 1,000,000 and Up | Property Types : SFH - Con
18 | 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 .