HOU ARCHIVED July 2016 | Page 24

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
$ 347,500
2 %
7 %
Average List Price of all Current Listings
$ 475,519
1 %
4 %
July Median Sales Price
$ 254,000
1 %
0 %
0 %
6 %
$ 242,000
0 %
1 %
July Average Sales Price
$ 296,135
-0%
-1%
-8%
-2%
$ 294,351
-5%
-3%
Total Properties Currently for Sale ( Inventory )
3,914
-2%
3 %
July Number of Properties Sold
885
-12%
-10%
5,431
-2%
July Average Days on Market ( Solds )
59
-9%
-6%
16 %
2 %
66
18 %
14 %
Asking Price per Square Foot ( based on New Listings )
$ 124
0 %
-1%
2 %
0 %
$ 125
0 %
1 %
July Sold Price per Square Foot
$ 114
1 %
0 %
-2%
2 %
$ 112
-1%
0 %
July Month ' s Supply of Inventory
4.4
12 %
5 %
15 %
-2%
5.2
24 %
15 %
July Sale Price vs List Price Ratio
94.8 %
-. 5 %
-. 1 %
-. 7 %
-. 3 %
94.7 %
-1%
-0%
* LM = Last Month / L3M = Last 3 Months / PYM = Same Month Prior Year / LY = Last Year ( 2015 ) / YTD = Year-to-date

Montgomery

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Community Information | School District

3 Mo Avg
Property Sales July Property sales were 885 , down 9.8 % from 981 in July of 2015 and 12.5 % lower than the 1,011 sales last month . July 2016 sales were at their lowest level compared to July of 2015 and 2014 . July YTD sales of 5,431 are running 2.1 % behind last year ' s year-to-date sales of 5,549 .
1,200
1,200 1,000
1,000 800
800 600
Number of Properties Sold
3 Mo Avg
600 400
Prices The Median Sales Price in July was $ 254,000 , up 0.4 % from $ 253,000 in July of 2015 and up 0.6 % from $ 252,500 last month . The Average Sales Price in July was $ 296,135 , down 8.4 % from $ 323,163 in July of 2015 and down 0.0 % from $ 296,259 last month . July 2016 ASP was at the lowest level compared to July of 2015 and 2014 .
400 200
200
0
340
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
935 742 726 620 670 468 546 722 787 912 938 975 898 797 761 598 787 499 583 773 790 872 1,051 981 902 822 723 584 797 475 569 812 764 915 1,011 885
A 13
340 320
320 300
300 280
280 260
260 240
240 220
935 742 726 620 670 468 546 722 787 912 938 975 898 797 761 598
Median Sales Price and Average Sales Price
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
787 499 583 773 790 872 1,051 981 902 822 723 584 797 475 569 812 764 915 1,011 885
J
3 Mo Avg
J
Inventory & MSI The Total Inventory of Properties available for sale as of July was 3,914 , down 2.1 % from 3,998 last month and up 3.3 % from 3,789 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 4.4 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 A 13
3,148
3,144
2,963 3,148
2,810 3,144
2,647 2,963
2,459 2,810
2,505 2,647
Total Inventory & Month ' s Supply of Inventory ( MSI )
2,501 2,459
2,649 2,505
2,778 2,501
2,877 2,649
2,778 2,877 2,957 2,865 2,782 2,768 2,753 2,628 2,666
3,213 2,876 3,304
2,957 2,865 2,782 2,768 2,753 2,628 2,666 2,876 3,018
3,789 3,754 3,793 3,791 3,699
3,018 3,501 3,213 3,304 3,501
3,789 3,754 3,793 3,791 3,699 3,487 3,499
3,487 3,499 3,599 3,795 3,888 3,951 3,998 3,914
8.0 7.0 6.0 5.0 4.0 3.0 2.0 1.0 0.0
F M A M J 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 J J
13 14 14
15 15
16 16
3,599 3,795 3,888 3,951 3,998 3,914
J
8.0 7.0 6.0 5.0 4.0 3.0 2.0 1.0 0.0
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