HOU ARCHIVED September 2017 | Page 6

Market Action Report September 2017
Market Action Report September 2017

FORT County : Fort Bend BEND

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
$ 1,325,000
2 %
-5%
Average List Price of all Current Listings
$ 1,660,206
2 %
1 %
September Median Sales Price
$ 1,200,000
-3%
-2%
-5%
-6%
$ 1,282,500
2 %
0 %
September Average Sales Price
$ 1,341,556
2 %
-10%
-7%
-8%
$ 1,920,881
35 %
32 %
Total Properties Currently for Sale ( Inventory )
111
-7%
16 %
September Number of Properties Sold
9
80 %
50 %
53
2 %
September Average Days on Market ( Solds )
107 -62% -36% 34 %
-14%
129
9 %
3 %
Asking Price per Square Foot ( based on New Listings )
$ 233
-12%
-7%
-19% -20%
$ 252
3 %
-13%
September Sold Price per Square Foot
$ 228
-20%
-9%
-3%
2 %
$ 416
87 %
86 %
September Month ' s Supply of Inventory
12.3 -48% -34% -23% -42%
20.6
-4%
-3%
September Sale Price vs List Price Ratio
87.7 %
. 2 % -3.0% -7.9% -4.8%
91.4 %
-2%
-1%
* LM = Last Month / L3M = Last 3 Months / PYM = Same Month Prior Year / LY = Last Year ( 2016 ) / YTD = Year-to-date
Property Sales September Property sales were 9 , up 50.0 % from 6 in September of 2016 and 80.0 % higher than the 5 sales last Property month . September Sales 2017 sales were at their highest level September compared Property to September sales were of 2016 9 , up and 50.0 2015 % from . September 6 in YTD September sales of 53 of are 2016 running and 80.0 1.9 % higher ahead of than last the year 5 sales ' s year-to-date last month sales of . September 52 . 2017 sales were at their highest level compared to September of 2016 and 2015 . September YTD sales of 53 are running 1.9 % ahead of last year ' s year-to-date sales of 52 .
12
10
8
6
4
12
10
8
6
4
2
7
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
14
15
16
17
Prices
O
N D
J
F M A M J
Median
J
A
S O NSales D J FPrice M A Mand J JAverage
A
S O NSales D
J FPrice M A M J
J
A
S
3 Mo Avg
The Median Sales Price in September was $ 1,200,000 , down
14
15
16
17
9,000
Prices
4.8 % from $ 1,260,000 in September of 2016 and down 3.2 %
Median Sales Price and Average Sales Price
3 Mo Avg
The from Median $ 1,240,000 Sales Price last month in September . The Average was $ 1,200,000 Sales Price , down in
8,000
4.8
September % from $ 1,260,000 was $ 1,341,556 in September , down 7.4 of % 2016 from and $ 1,448,331 down 3.2 % in
9,000
7,000
from
September $ 1,240,000 of 2016 last and month up . 2.3 The % Average from $ 1,311,000 Sales Price last in month .
September was 2017 $ 1,341,556 ASP was , down at the 7.4 lowest % from level $ 1,448,331 compared in to
September of of 2016 and and up 2015 2.3 %. from $ 1,311,000 last month .
September 2017 ASP was at the lowest level compared to
September of 2016 and 2015 .
8,000
6,000
7,000
5,000
6,000
4,000
5,000
3,000
4,000
2,000
3,000
1,000
2,000
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
1,000
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
J
A S
Inventory & MSI
14
15
16
17
Total Inventory & Month ' s Supply of Inventory ( MSI )
The Total Inventory of Properties available for sale as of
Inventory & MSI
September was 111 , down 6.7 % from 119 last month and up
140
The Total Inventory of Properties available for sale as of
15.6 % from 96 in September of last year . September 2017
September was 111 , down 6.7 % from 119 last month and up
140
120
15.6
Inventory % from was 96 in
at September
its highest of
level last year
compared . September
with September 2017 of
120
100
Inventory
2016 and was 2015 at . its highest level compared with September of
100
80
2016 and 2015 .
80
60
A comparatively lower MSI is more beneficial for sellers while a
60
40
A higher comparatively MSI is better lower for MSI buyers is more . The beneficial September for sellers 2017 while MSI of a higher
12.3 months MSI is better was at for a mid buyers level . The compared September with 2017 September MSI of of
12.3
2016 months and 2015 was . at a mid level compared with September of
40
20
20
0
Total Inventory & Month ' s Supply of Inventory ( MSI )
80.0
70.0
60.0
50.0
40.0
30.0
20.0
10.0
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
J0.0A 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
65 64
65 6 64
5
52 57
Agent Name
52 70
Title Phone Website Other
4 1
78 85
57
2 6
7 6 5 4 1 2 6 3
3 10
70
85 78
85 85
84 85 85 84
82 76
83 73
82 83
87 77 101 80 92
87 92
101 96
92 96
92 96
96
96 91
96
90 96 96
84 91
95 90
76 106
84 109
95 121
76 10 73
5 9
Number of Properties Sold
6
77
80 6 2 2 2 5
10 10 5 9 6 6 2 2 2 5 4 5
4
11
5 11 9 8
76 6 5 5 3 4 4
126 106 121
3
109
3 Mo Avg
121 7
126
119 111
7 121
8 119
9 8 6 5 5 3 4 4 3 7 7 8 6 5 9
3 Mo Avg
6
111 5 9
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
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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 .