HOU ARCHIVED September 2017 | Page 10

Market Action Report September 2017
Market Action Report September 2017

HARRIS

County : Harris

Community Information | School District
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
$ 1,599,000
2 %
0 %
Average List Price of all Current Listings
$ 1,984,949
2 %
-0%
September Median Sales Price
$ 1,497,500
7 %
7 %
12 %
9 %
$ 1,395,000
2 %
1 %
September Average Sales Price
$ 1,816,844
15 %
7 %
16 %
10 %
$ 1,688,797
3 %
2 %
Total Properties Currently for Sale ( Inventory )
1,136
-3%
4 %
September Number of Properties Sold
96
-9%
-2%
1,003
9 %
September Average Days on Market ( Solds )
81
9 %
14 %
9 %
-2%
76
-4%
-8%
Asking Price per Square Foot ( based on New Listings )
$ 400
8 %
5 %
1 %
8 %
$ 377
2 %
2 %
September Sold Price per Square Foot
$ 356
4 %
2 %
1 %
2 %
$ 352
1 %
1 %
September Month ' s Supply of Inventory
11.8
7 %
10 %
6 %
3 %
10.7
-10%
-7%
September Sale Price vs List Price Ratio
92.0 % -1.3% -. 7 % -1.0%
-. 5 %
92.9 %
0 %
0 %
* LM = Last Month / L3M = Last 3 Months / PYM = Same Month Prior Year / LY = Last Year ( 2016 ) / YTD = Year-to-date
Property Sales
180
September Property sales were 96 , down 2.0 % from 98 in
September of 2016 and 9.4 % lower than the 106 sales last
160
Property Sales month . September 2017 sales were at their lowest level
180
140
September Property sales were 96 , down 2.0 % from 98 in compared to September of 2016 and 2015 . September YTD
September of 2016 and 9.4 % lower than the 106 sales last
160
120 month sales of . September
1,003 are running 2017 sales
9.1 were % ahead at their of lowest last year level ' s year-to-date
140 compared sales of 919 to .
100 September of 2016 and 2015 . September YTD
120 sales of 1,003 are running 9.1 % ahead of last year ' s year-to-date
80
Number of Properties Sold
3 Mo Avg
sales of 919 .
100
60
80
60
40
40
20
20
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
14
15
16
17
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
Prices
14
15
Median Sales
16 Price and Average Sales
17 Price
3 Mo Avg
The Median Sales Price in September was $ 1,497,500 , up 12.1 %
Prices
2,000 from $ 1,335,625 in September of 2016 and up 7.0 % from
Median Sales Price and Average Sales Price
3 Mo Avg
The
$ 1,399,950 Median Sales last month Price in
. The September
Average was
Sales $ 1,497,500
Price in , up September 12.1 %
2,0001,900 from was $ 1,335,625
1,816,844 , in up September
15.9 % from of 2016
$ 1,567,946 and up in 7.0 September % from of
$ 1,399,950 last month . The Average Sales Price in September
1,9001,800
2016 and up 14.6 % from $ 1,585,098 last month . September was $ 1,816,844 , up 15.9 % from $ 1,567,946 in September of
2017 ASP was at the highest level compared to September of
1,8001,700
2016 and up 14.6 % from $ 1,585,098 last month . September
2016 and 2015 .
2017 ASP was at the highest level compared to September of
1,7001,600
2016 and 2015 .
1,6001,500
1,5001,400
86 80
86 80 104 65 65 109 106 127 156 142 107 97 89 71 93 47 62 90 104 118 152 115 133 98 88 89 116 53 87 100 125 163 143 130 106 96
1,4001,300
1,300
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
O
N14D
J
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
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
The
September Total Inventory was 1,136 of , Properties down 3.4 % available from 1,176 for sale last as month of and up
1,400
September was 1,136 , down 3.4 % from 1,176 last month and up
1,400
4.3 % from 1,089 in September of last year . September 2017
1,200
Total Inventory & Month ' s Supply of Inventory ( MSI )
4.3
Inventory % from 1,089 was at in its September highest level of last compared year . September with September 2017 of
1,200
1,000
Inventory
2016 and was 2015 at . its highest level compared with September of
1,000
2016 and 2015 .
800
800
600
600
A comparatively lower MSI is more beneficial for sellers while a
A comparatively lower MSI is more beneficial for sellers while a
400 higher MSI is better for buyers . The September 2017 MSI of
400 higher MSI is better for buyers . The September 2017 MSI of
200
11.8 months was at its highest level compared with September of
200
11.8 months was at its highest level compared with September of
2016 and 2015 .
0
2016 and 2015 .
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
O
N D J
F M A 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
14
14
15
15
16
16
17
17
25.0
20.0
15.0
10.0
5.0
0.0
J A S
25.0
20.0
15.0
10.0
5.0
0.0
687 667 663 709 771
Agent Name
104
Title Phone Website Other
65
687 667 663 709 65 109
771
826 106 127
826 860 883 888 910 156 142
860 883 888 910
107
923 950 988 953 868 912 1,017
Number of Properties Sold
97 89 71 93 47
923 950 988 953 868 912 1,017 62 90 104 118
1,128 1,171 1,177 1,185 1,159 1,097
152 115 133 98
1,128 1,171 1,177 1,185 1,159 1,097 1,089 1,054
88
1,089 1,054 1,003 906 901 966 89 116 53
1,097 1,142 1,208
1,003 906 901 966
87 100 125
1,209 1,209 1,176 1,136 163 143 130
1,097 1,142 1,208 1,209 1,209 1,176 1,136
3 Mo Avg
106 96
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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 .