HOU ARCHIVED September 2017 | Page 12

Market Action Report
September 2017
County: Montgomery
MONTGOMERY
Market Action Report
Agent Name
September 2017
Title
Phone
Agent
Name
Website
Title Other
Phone
Trending versus*:
Website
Month
LM L3M PYM LY
Other
$1,495,000
-0%
-4%
Community
Information | School District
County: Montgomery
Price Range: $1,000,000 and Up | Properties: SFH - Con
Market Profile & Trends Overview
Median
List Price
all Current
Price
Range: $1,000,000
and Up | of
Properties:
SFH - Con Listings
Trending versus*:
Prior YTD Prior Year
YTD
versus*:
Trending versus*:
$2,053,915 Trending
-0%
-5%
Month
LM -16%
L3M -8%
PYM -12%
LY -20% $1,225,000
YTD
Prior YTD -11%
Prior Year -11%
$1,098,000
$1,495,000 -0%
-4%
$1,179,056 -17% -17% -12% -33% $1,583,784
-4%
-9%
$2,053,915 -0%
-5%
173 -4%
-13%
$1,098,000 -16% -8% -12% -20% $1,225,000
-11%
-11%
9 -47%
29%
106
25%
$1,179,056 -17% -17% -12% -33% $1,583,784
-4%
-9%
76 -50% -28%
-1% -32%
102
-1%
-9%
173 -4%
-13%
$287
0%
1%
3%
0%
$287
2%
0%
9 -47%
29%
106
25%
$232
-8%
-2%
-4%
-18%
$278
10%
-2%
76 -50% -28% -1% -32%
102
-1%
-9%
September
Supply
of Inventory
Asking
Price Month's
per Square
Foot (based
on New Listings)
$287 19.2
0% 81%
1% 35%
3% -32%
0% -20% $287 17.5
2% -22% 0% -27%
September Sold
Sale Price
Price per
vs Square
List Price
91.0%
September
Foot Ratio
$232
-8% 3.8%
-2% .7%
-4% -.9%
-18% 1.1% $278 91.0%
10% 0% -2% 1%
* LM=Last Month / L3M=Last 3 Months / PYM=Same Month Prior Year / LY=Last Year (2016) / YTD = Year-to-date
September Month's Supply of Inventory
19.2 81% 35% -32% -20%
17.5 -22%
-27%
of Properties
September Sale Price vs List Price Ratio
91.0% 3.8% .7% -.9% Number
1.1%
91.0%
0% Sold 1%
Average List Price of all Current Listings
Market
Profile
& Trends
Overview
September
Median
Sales Price
Median List Price of all Current Listings
September Average Sales Price
Average List Price of all Current Listings
Total Properties Currently for Sale (Inventory)
September Median Sales Price
September Number of Properties Sold
September Average Sales Price
September Average Days on Market (Solds)
Total Properties Currently for Sale (Inventory)
Asking Price per Square Foot (based on New Listings)
September Number of Properties Sold
September Average
Sold Price
September
Days per
on Square
Market Foot
(Solds)
3 Mo Avg
* LM=Last Month / L3M=Last 3 Months / PYM=Same Month Prior Year / LY=Last Year (2016) / YTD = Year-to-date
Property Sales
Prices
9
3 Mo Avg
The Median Sales Price in September was $1,098,000, down
Prices
3,500
12.2% from $1,250,000 in September of 2016 and down 15.5%
The
Median
Sales Price
in September
was $1,098,000,
down
from
$1,300,000
last month.
The Average
Sales Price
in
12.2%
from $1,250,000
in September
of 2016
and
down 15.5%
September
was $1,179,056,
down 11.8%
from
$1,336,286
in 3,500 3,000
from
$1,300,000
last and
month.
The
Average
Price in last
September
of 2016
down
17.0%
from Sales
$1,420,632
3,000
September
was $1,179,056,
down was
11.8%
from
$1,336,286
in
month. September
2017 ASP
at the
lowest
level compared
2,500
September of 2016 and down 17.0% from $1,420,632 last
to September of 2016 and 2015.
month. September 2017 ASP was at the lowest level compared
2,500
2,000
to September of 2016 and 2015.
Median Sales Price and Average Sales Price
12
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
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
Median
Sales
Price
and
Average
Sales
Price
14
15
16
17
3 Mo Avg
0
0
5 5
10
Number of Properties Sold
25
September Property sales were 9, up 28.6% from 7 in September
of 2016 and 47.1% lower than the 17 sales last month.
Property
September Sales
2017 sales were at their highest level compared to 25 20
September Property sales were 9, up 28.6% from 7 in September
September of 2016 and 2015. September YTD sales of 106 are
of 2016 and 47.1% lower than the 17 sales last month.
running 24.7% ahead of last year's year-to-date sales of 85.
20 15
September 2017 sales were at their highest level compared to
September of 2016 and 2015. September YTD sales of 106 are
running 24.7% ahead of last year's year-to-date sales of 85.
15 10
3 Mo Avg
2,000
1,500
1,500
1,000
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
16 A M J J A S O N D J F M 17
O N 14 D J F 15
M A M J J A S O N D J F M
A M J J A S
14
15
16
17
100
A comparatively lower MSI is more beneficial for sellers while a 100
A higher
comparatively
lower for
MSI buyers.
is more The
beneficial
for sellers
a
MSI is better
September
2017 while
MSI of
50
higher
MSI is better
The September
of
19.2 months
was at for
its buyers.
lowest level
compared 2017
with MSI
September
of 50
19.2 months was at its lowest level compared with September of
0
2016 and 2015.
0
2016 and 2015.
O
14
Copyright © © CB CB
United,
Realtors
| Price
Range:
$1,000,000
| Property
Types:
Copyright
United,
Realtors
| Price
Range:
$1,000,000
and and
Up | Up
Property
Types:
SFH - SFH
Con - Con
Data is is provided
provided
courtesy
of Houston
Association
of REALTORS
and may
not reflect
all relevant
real estate
CB United,
12
| coldwellbankerluxury.com
Data
courtesy
of Houston
Association
of REALTO