February 2017

Our take on “How’s the market?”

photo courtesy of Brent Pullan Photography

@ReferredRealty www.ReferredRealtyGroup.com(281)210-0029

Market DynamicsAverage $/SQFT (FS, Sold)

2 Years (Monthly) 02/01/15 - 02/28/17

Referred Realty Group

Price:

-0.18

AllAll All

-0.30-8.77

Property Types:HAR

Sold $/SQFTFor Sale $/SQFT

MLS: All

-0.46

Bathrooms:

-0.37

All

-7.14-11.09

Construction Type:

Total Change

Sq Ft:

Monthly Change

2 Years (Monthly)

Sublocations:

All

-4.40

Lot Size:Period:

Monthly %

Bedrooms:

KEY INFORMATION

Total % Change

Single-Family: (Residential)THEWOO

03/03/17BrokerMetrics®Information not guaranteed. © 2006 - 2017 Terradatum and its suppliers and licensors (http://www.terradatum.com/metrics/licensors).

© 2017 - 2018 Houston Association of Realtors Certain information contained herein is derived from information which is the licensed property of, and copyrighted by, Houston Association of Realtors

1 of 2

Average $/SQFT (FS, Sold)2 Years (Monthly) 02/01/15 - 02/28/17

Market Dynamics Referred Realty Group

#

FOR SALE

SQFTPeriod$/Avg

SQFTTime

Avg $

UNDER CONTRACT

# Avg $Avg

SQFT$/

SQFT

SOLD EXPIRED NEW LISTINGS

# # #Avg $ Avg $ Avg $Avg

SQFT$/

SQFTAvg

SQFT$/

SQFTAvg

SQFT$/

SQFT

192Feb-17 1,088 3,563683,616 177 493,114 3,123 158 132 113 328423,967 583,190 526,2552,914 145 3,463 168 3,194 165193Jan-17 1,046 3,568689,453 151 473,442 3,024 157 93 135 262455,154 581,604 605,5773,061 149 3,309 176 3,272 185192Dec-16 1,041 3,589688,875 118 451,886 2,958 153 153 139 174410,923 728,701 600,2972,951 139 3,690 197 3,385 177188Nov-16 1,132 3,536662,613 118 405,203 2,882 141 151 147 234431,506 609,503 461,7572,987 144 3,507 174 2,992 154194Oct-16 1,193 3,615699,036 143 443,384 2,958 150 133 152 256416,815 845,519 559,3812,906 143 3,859 220 3,228 174191Sep-16 1,248 3,594684,926 149 444,300 2,925 152 160 162 280411,262 603,942 509,0912,917 141 3,480 174 3,157 161193Aug-16 1,309 3,591691,373 164 483,146 3,026 160 232 177 346454,232 641,406 547,2603,027 150 3,412 188 3,162 174190Jul-16 1,346 3,601684,027 205 455,042 3,043 150 209 178 368435,491 627,873 537,6762,968 147 3,470 181 3,208 168190Jun-16 1,349 3,622687,984 200 437,526 2,911 150 234 171 394443,994 688,596 599,7903,036 146 3,727 185 3,357 179190May-16 1,315 3,650694,787 203 475,747 3,062 155 226 157 385486,426 798,061 523,6373,159 154 3,910 204 3,255 161193Apr-16 1,328 3,663706,098 257 475,443 3,055 156 148 141 426428,549 733,790 560,2922,899 148 3,784 194 3,284 171195Mar-16 1,203 3,682716,306 177 448,067 2,906 154 174 124 361414,500 672,531 572,1432,847 146 3,624 186 3,355 171198Feb-16 1,145 3,657722,889 175 491,975 2,921 168 113 128 340402,515 675,318 603,5812,753 146 3,576 190 3,409 178198Jan-16 1,097 3,627718,717 124 453,836 2,890 157 104 168 273478,814 652,778 583,3442,984 160 3,526 185 3,303 177200Dec-15 1,098 3,662731,764 109 540,803 3,057 177 159 165 181505,979 699,087 598,9763,141 161 3,698 189 3,176 189196Nov-15 1,153 3,639712,197 128 409,501 2,853 144 117 108 207398,091 682,268 499,3922,775 143 3,571 191 3,127 160195Oct-15 1,281 3,613703,198 157 507,791 3,037 167 163 178 326462,944 580,251 503,4833,020 153 3,382 172 3,140 160199Sep-15 1,308 3,653725,700 166 435,810 2,874 152 171 187 322442,019 749,781 606,9492,967 149 3,726 201 3,362 181195Aug-15 1,300 3,617706,589 148 455,816 2,960 154 241 166 306435,178 586,308 540,5062,869 152 3,421 171 3,152 171191Jul-15 1,360 3,570683,495 235 442,234 2,924 151 241 131 413518,493 553,116 490,2123,252 159 3,290 168 3,093 159199Jun-15 1,313 3,658726,621 222 517,754 3,100 167 291 144 422554,075 777,885 585,8513,248 171 3,732 208 3,302 177197May-15 1,245 3,647717,217 244 493,646 3,055 162 233 110 402478,273 596,918 530,8853,107 154 3,503 170 3,187 167199Apr-15 1,209 3,705735,858 259 544,747 3,232 169 207 107 451467,674 645,274 629,2663,000 156 3,575 180 3,418 184200Mar-15 1,097 3,704739,444 257 554,892 3,157 176 210 82 392405,888 764,747 627,6432,832 143 3,828 200 3,413 184200Feb-15 977 3,669733,379 201 447,442 2,926 153 133 71 299437,539 865,363 564,1133,009 145 3,831 226 3,287 172

© 2017 - 2018 Houston Association of Realtors Certain information contained herein is derived from information which is the licensed property of, and copyrighted by, Houston Association of Realtors

2 03/03/172 ofBrokerMetrics®Information not guaranteed. © 2006 - 2017 Terradatum and its suppliers and licensors (http://www.terradatum.com/metrics/licensors).

Market DynamicsSupply & Demand - # Units (FS, UC, Sold)

2 Years (Monthly) 02/01/15 - 02/28/17

Referred Realty Group

Price:

-0.13

AllAll All

-1.48-39.33

Property Types:HAR

Under Contract-2.79

For Sale

MLS: All

-3.23

Bathrooms:

-1.32

-1.64

Sold

All

-35.52-77.44

Construction Type:

Total Change

Sq Ft:

Monthly Change

2 Years (Monthly)

Sublocations:

All

-3.21

Lot Size:Period:

-31.78

Monthly %

Bedrooms:

KEY INFORMATION

Total % Change

-66.87

Single-Family: (Residential)THEWOO

Information not guaranteed. © 2006 - 2017 Terradatum and its suppliers and licensors (http://www.terradatum.com/metrics/licensors).© 2017 - 2018 Houston Association of Realtors Certain information contained herein is derived from information which is the licensed property of, and copyrighted by, Houston Association of Realtors

1 ofBrokerMetrics® 2 03/03/17

Supply & Demand - # Units (FS, UC, Sold)2 Years (Monthly) 02/01/15 - 02/28/17

Market Dynamics Referred Realty Group

# Properties # PropertiesAverage DOM# PropertiesSOLD

# PropertiesFOR SALE

Average DOM Average DOMUNDER CONTRACT

Average DOMNEW LISTINGS

# PropertiesEXPIRED

Time Period

90 328Feb-17 12081 11366 1321771,088105 262Jan-17 14272 13592 931511,046108 174Dec-16 12278 13969 1531181,041100 234Nov-16 12258 14770 1511181,132

97 256Oct-16 13467 15260 1331431,19393 280Sep-16 11750 16266 1601491,24888 346Aug-16 10251 17753 2321641,30985 368Jul-16 10145 17852 2092051,34683 394Jun-16 10255 17151 2342001,34986 385May-16 12253 15750 2262031,31587 426Apr-16 11561 14157 1482571,32895 361Mar-16 13363 12449 1741771,20399 340Feb-16 11462 12863 1131751,145

109 273Jan-16 12466 16867 1041241,097114 181Dec-15 13455 16571 1591091,098100 207Nov-15 9757 10856 1171281,153

94 326Oct-15 12062 17861 1631571,28193 322Sep-15 11543 18753 1711661,30890 306Aug-15 10941 16641 2411481,30079 413Jul-15 9146 13140 2412351,36079 422Jun-15 10643 14447 2912221,31377 402May-15 8544 11041 2332441,24575 451Apr-15 10346 10741 2072591,20983 392Mar-15 11950 8250 2102571,09789 299Feb-15 11064 7149 133201977

03/03/17 2Information not guaranteed. © 2006 - 2017 Terradatum and its suppliers and licensors (http://www.terradatum.com/metrics/licensors).

2 ofBrokerMetrics®

© 2017 - 2018 Houston Association of Realtors Certain information contained herein is derived from information which is the licensed property of, and copyrighted by, Houston Association of Realtors

Market DynamicsSupply & Demand - # Units (FS, UC, Sold)

Feb-16 through Feb-17

Referred Realty Group

Price:

1,088.0

AllAll All

177.0-57.0

Property Types:HAR

Under Contract113.0

For Sale

MLS: All

175.0

Bathrooms:

132.0

1,145.0

Sold

All

1.12.0

Construction Type:

# Units Change

Sq Ft:

Feb-16

2 Years (Monthly)

Sublocations:

All

-5.0

Lot Size:Period:

16.8

Feb-17

Bedrooms:

KEY INFORMATION

Percent Change

19.0

Single-Family: (Residential)THEWOO

Information not guaranteed. © 2006 - 2017 Terradatum and its suppliers and licensors (http://www.terradatum.com/metrics/licensors).© 2017 - 2018 Houston Association of Realtors Certain information contained herein is derived from information which is the licensed property of, and copyrighted by, Houston Association of Realtors

1 ofBrokerMetrics® 2 03/03/17

Supply & Demand - # Units (FS, UC, Sold)Feb-16 through Feb-17

Market Dynamics Referred Realty Group

# Properties # PropertiesAverage DOM# PropertiesSOLD

# PropertiesFOR SALE

Average DOM Average DOMUNDER CONTRACT

Average DOMNEW LISTINGS

# PropertiesEXPIRED

Time Period

90 328Feb-17 12081 11366 1321771,088105 262Jan-17 14272 13592 931511,046108 174Dec-16 12278 13969 1531181,041100 234Nov-16 12258 14770 1511181,132

97 256Oct-16 13467 15260 1331431,19393 280Sep-16 11750 16266 1601491,24888 346Aug-16 10251 17753 2321641,30985 368Jul-16 10145 17852 2092051,34683 394Jun-16 10255 17151 2342001,34986 385May-16 12253 15750 2262031,31587 426Apr-16 11561 14157 1482571,32895 361Mar-16 13363 12449 1741771,20399 340Feb-16 11462 12863 1131751,145

03/03/17 2Information not guaranteed. © 2006 - 2017 Terradatum and its suppliers and licensors (http://www.terradatum.com/metrics/licensors).

2 ofBrokerMetrics®

© 2017 - 2018 Houston Association of Realtors Certain information contained herein is derived from information which is the licensed property of, and copyrighted by, Houston Association of Realtors

Months Supply of Inventory (UC Calculation)Market Dynamics

Feb-15 through Feb-17

Referred Realty Group

Sublocations:

43.35

Price:HAR Bedrooms:Period:

Monthly %MSI-UC

2 Years (Monthly)

THEWOO

1.81

Single-Family: (Residential)

Total % Change

Property Types:

KEY INFORMATION

AllAll Lot Size:All

1.87Monthly Change

0.08Total Change

Sq Ft:AllAll Bathrooms:MLS: AllConstruction Type:

Information not guaranteed. © 2006 - 2017 Terradatum and its suppliers and licensors (http://www.terradatum.com/metrics/licensors).

BrokerMetrics® 1 of 2

© 2017 - 2018 Houston Association of Realtors Certain information contained herein is derived from information which is the licensed property of, and copyrighted by, Houston Association of Realtors

03/03/17

Referred Realty GroupMarket DynamicsMonths Supply of Inventory (UC Calculation)

Feb-15 through Feb-17

Period NAR MSI # SoldMSI# For Sale Last

Day of Month# UnderContract

Time

6.0Feb-17 177 1327984.5

8.2Jan-17 151 937605.0

5.1Dec-16 118 1537846.6

5.7Nov-16 118 1518677.3

6.8Oct-16 143 1338986.3

5.9Sep-16 149 1609376.3

4.2Aug-16 164 2329685.9

4.6Jul-16 205 2099634.7

4.2Jun-16 200 2349784.9

4.2May-16 203 2269554.7

6.3Apr-16 257 1489303.6

5.2Mar-16 177 1749025.1

7.5Feb-16 175 1138424.8

7.7Jan-16 124 1048056.5

5.2Dec-15 109 1598247.6

7.8Nov-15 128 1179177.2

5.8Oct-15 157 1639466.0

5.6Sep-15 166 1719555.8

4.1Aug-15 148 2419866.7

4.1Jul-15 235 2419944.2

3.3Jun-15 222 2919474.3

3.8May-15 244 2338913.7

4.1Apr-15 259 2078433.3

3.6Mar-15 257 2107582.9

5.3Feb-15 201 1337053.5

2

© 2017 - 2018 Houston Association of Realtors Certain information contained herein is derived from information which is the licensed property of, and copyrighted by, Houston Association of Realtors

03/03/17Information not guaranteed. © 2006 - 2017 Terradatum and its suppliers and licensors (http://www.terradatum.com/metrics/licensors).

BrokerMetrics® 2 of

February 2017 Snapshot by Price Range

Price RangeDays on

Market

Months

Supply of

Inventory*

Under

ContractSOLD Number Active

100-199k 48 2.7 12 13 32

200-299k 56 2.3 54 44 125

300-399k 38 4.2 30 28 127

400-499k 88 5.5 22 19 122

500-599k 87 4.9 16 7 79

600-699k 95 5.6 11 6 62

700-799k 21 12.3 3 2 37

800-899k 70 5.6 5 1 28

900-999k 160 7.8 4 3 31

1.0m - 17m 95 8.6 13 7 112

*Economists consider a balanced market (buyer vs. seller activity) to be 6 mo.

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