HOU ARCHIVED July 2016 | Page 12

Community Information | School District
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
$ 355,000
1 %
0 %
Average List Price of all Current Listings
$ 417,263
0 %
1 %
July Median Sales Price
$ 290,000
-0%
2 %
2 %
4 %
$ 276,000
-1%
-1%
July Average Sales Price
$ 323,037
-1%
2 %
1 %
4 %
$ 308,826
-1%
-1%
Total Properties Currently for Sale ( Inventory )
3,992
1 %
18 %
July Number of Properties Sold
1,019
-16%
-15%
6,378
-4%
July Average Days on Market ( Solds )
51
-11% -11%
9 %
-2%
59
20 %
13 %
Asking Price per Square Foot ( based on New Listings )
$ 117
0 %
0 %
4 %
3 %
$ 116
3 %
2 %
July Sold Price per Square Foot
$ 111
1 %
2 %
2 %
4 %
$ 108
1 %
1 %
July Month ' s Supply of Inventory
3.9
20 %
11 %
38 %
20 %
4.1
31 %
25 %
July Sale Price vs List Price Ratio
95.7 %
-. 2 %
. 0 %
-. 8 %
-. 1 %
95.5 %
-1%
-0%
* LM = Last Month / L3M = Last 3 Months / PYM = Same Month Prior Year / LY = Last Year ( 2015 ) / YTD = Year-to-date

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Community Information | School District

3 Mo Avg
Property Sales July Property sales were 1,019 , down 14.9 % from 1,197 in July of 2015 and 15.6 % lower than the 1,208 sales last month . July 2016 sales were at their lowest level compared to July of 2015 and 2014 . July YTD sales of 6,378 are running 3.7 % behind last year ' s year-to-date sales of 6,620 .
Prices The Median Sales Price in July was $ 290,000 , up 1.8 % from $ 285,000 in July of 2015 and down 0.2 % from $ 290,500 last month . The Average Sales Price in July was $ 323,037 , up 0.9 % from $ 320,282 in July of 2015 and down 1.2 % from $ 326,870 last month . July 2016 ASP was at the highest level compared to July of 2015 and 2014 .
1,200 1,400
1,000 1,200
800 1,000
600
800
600 400
400 200 200
1,400
0
340
Number of Properties Sold
0
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 N D
J
F M A M J
13
14
15
16
S O N D
J 14
F M A M J
J
A
S O N D
J 15
F M A M J
J
A
S O N D
J 16
F M A M J
J
1,186 967 893 766 921 601 708 924 959 1,054 1,247 1,125 1,186 1,027 928 782 1,026 619 676 969 920 1,015 1,224 1,197 1,171 957 871 707 1,022 579 654 924 907 1,087 1,208 1,019
A 13
340 320
320 300
300 280
280 260
260 240
240 220
1,186 967 893 766 921 601 708 924 959 1,054 1,247 1,125 1,186 1,027 928 782
Median Sales Price and Average Sales Price
3 Mo Avg
3 Mo Avg
220
200
200
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 N D
J
F M A M J
A
S13O N 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
13
14
15
16
1,026 619 676 969 920 1,015 1,224 1,197 1,171 957 871 707 1,022 579 654 924 907 1,087 1,208 1,019
J
3 Mo Avg
J
Inventory & MSI The Total Inventory of Properties available for sale as of July was 3,992 , up 1.2 % from 3,945 last month and up 17.8 % from 3,390 in July of last year . July 2016 Inventory was at its highest level compared with July of 2015 and 2014 .
A comparatively lower MSI is more beneficial for sellers while a higher MSI is better for buyers . The July 2016 MSI of 3.9 months was at its highest level compared with July of 2015 and 2014 .
4,500 4,5004,000
4,0003,500 3,5003,000 3,000
2,500 2,500
2,000 2,000
1,500 1,500
1,000 1,000
500 500
0
0
2,897
2,891
2,837 2,897
2,675 2,891
2,458 2,837
2,411 2,675
2,482 2,458
A 13
Total Inventory & Month ' s Supply of Inventory ( MSI )
2,668 2,770 2,764 2,636 2,499 2,421 2,292 2,603 2,257 2,634 2,414 2,820
2,506 2,411
2,536 2,482
2,668 2,506
2,770 2,536 2,764 2,636 2,499 2,421 2,292 2,257 2,414
3,009 3,208
2,603 2,634
3,390 3,311 3,250 3,263
2,820 3,009 3,208 3,390 3,311 3,250 3,263 3,123
3,123 3,000 3,165 3,250 3,474 3,599 3,655
3,945
3,000 3,165 3,250
6.0
5.0
3,474 3,992 3,599 3,655
4.0 3.0 2.0 1.0
3,945 3,992
0.0
S
A O
S N
O D
N J
D F M
J
A
F M
J
A
J
M
A
J S
J O
A
N
S D
O J
N F
D M
J A
F M
M J
A J
M A
J S O
J
N
A
D
S O J F
N
M
D
A
J M
F
J
M
J
A M J J
13 14 14
15 15
16 16
6.0 5.0 4.0 3.0 2.0 1.0 0.0
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