Galveston County Real Estate Report April 2012

7/31/2019 Galveston County Real Estate Report April 2012

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05/29/2012Clarus MarketMetrics

Information not guaranteed. 2012 - 2013 Terradatum and its suppliers and licensors (www.terradatum.com/about/licensors.td).

Galveston County, Texas

Jeff BulmanBulman Real Estate | 281.450.8689

Market Dynamics

Prepared For

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2/21

Apr-12

170,750

Apr-11

163,720

%

+4%

Change

7,030

Apr-11 vs. Apr-12: The median sold price is up 4%Median Sold Price by Month

Bulman Real Estate | 281.450.8689

Apr-11 vs. Apr-12

Jeff Bulman

Clarus MarketMetrics 1 of 2 05/29/2012


2012 - 2013 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

AllBathrooms:MLS: AllAll

Sq Ft:

Galveston

Single-Family: (Free Standing)

Period: All All

Property Types:

Counties:

All

Construction Type:Price: Lot Size:Bedrooms:1 year (monthly)HAR

2 of 21


3/21

Median Sold Price by MonthApr-11 vs. Apr-12: The median sold price is up 4%

Bulman Real Estate | 281.450.8689Jeff Bulman

Time Period Median Price # Units Average DOM

Apr-12 170,750 304 107

Mar-12 165,000 300 101

Feb-12 160,000 237 106

Jan-12 140,000 180 106

Dec-11 169,000 273 114

Nov-11 157,482 236 94

Oct-11 163,500 251 102

Sep-11 170,000 279 86Aug-11 159,000 337 102

Jul-11 165,000 267 104

Jun-11 164,950 292 110

May-11 169,700 308 97

Apr-11 163,720 294 118




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4/21

Apr-11 vs. Apr-12: The median price of for sale properties is up 4% and the median price of sold properties is up 4%


Apr-11 vs. Apr-12

187,250 +4%

Jeff Bulman

195,000

Apr-12

Median For Sale vs. Median Sold

ChangeApr-11 %

7,750

Apr-11 Apr-12 %

163,720 +4%

Apr-11 vs. Apr-12

170,750

Change

7,030





Sq Ft:

Galveston


Period: All All

Property Types:

Counties:

All


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5/21

Median For Sale vs. Median SoldApr-11 vs. Apr-12: The median price of for sale properties is up 4% and the median price of sold properties is up 4%


Time Period For SaleMedian SoldMedianFor Sale # Properties # PropertiesSold Price

Difference

Apr-12 2,889 304195,000 170,750 -24,250

Mar-12 2,880 300189,000 165,000 -24,000

Feb-12 2,818 237185,000 160,000 -25,000

Jan-12 2,816 180179,925 140,000 -39,925

Dec-11 2,791 273182,900 169,000 -13,900

Nov-11 3,011 236183,040 157,482 -25,558

Oct-11 3,177 251184,900 163,500 -21,400

Sep-11 3,225 279184,900 170,000 -14,900

Aug-11 3,429 337183,000 159,000 -24,000

Jul-11 3,487 267180,000 165,000 -15,000

Jun-11 3,497 292181,000 164,950 -16,050

May-11 3,417 308184,900 169,700 -15,200

Apr-11 3,422 294187,250 163,720 -23,530

Clarus MarketMetricsInformation not guaranteed. 2012 - 2013 Terradatum and its suppliers and licensors (www.terradatum.com/about/licensors.td).


2 of 2 05/29/2012

5 of 21


6/21

Apr-12

304

Apr-11

294

%

+3%

Change

10

Apr-11 vs. Apr-12: The number of Sold properties is up 3%Sold Properties by Month


Apr-11 vs. Apr-12

Jeff Bulman





Sq Ft:

Galveston


Period: All All

Property Types:

Counties:

All


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7/21

Sold Properties by MonthApr-11 vs. Apr-12: The number of Sold properties is up 3%


Time Period

Full Market

# Properties Median Price Average DOM

Bank Properties

# Properties % Bank Median Price

Non-Bank Properties

# Properties % Non-Bank Median Price

Apr-12 170,750304 107 48 15.8 86,100 256 84.2 179,250

Mar-12 165,000300 101 55 18.3 69,901 245 81.7 174,990

Feb-12 160,000237 106 47 19.8 102,000 190 80.2 170,675

Jan-12 140,000180 106 56 31.1 82,715 124 68.9 162,250

Dec-11 169,000273 114 61 22.3 80,000 212 77.7 185,010

Nov-11 157,482236 94 53 22.5 80,000 183 77.5 179,800

Oct-11 163,500251 102 55 21.9 107,000 196 78.1 179,400

Sep-11 170,000279 86 58 20.8 88,950 221 79.2 188,900Aug-11 159,000337 102 62 18.4 90,800 275 81.6 170,000

Jul-11 165,000267 104 53 19.9 110,000 214 80.2 181,750

Jun-11 164,950292 110 60 20.6 89,162 232 79.5 183,750

May-11 169,700308 97 58 18.8 73,200 250 81.2 182,050

Apr-11 163,720294 118 63 21.4 90,000 231 78.6 180,175




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8/21

Apr-12

392

Apr-11

342

%

+15%

Change

50

Apr-11 vs. Apr-12: The number of Under Contract properties is up 15%Under Contract Properties by Month


Apr-11 vs. Apr-12

Jeff Bulman





Sq Ft:

Galveston


Period: All All

Property Types:

Counties:

All


8 of 21


9/21

Under Contract Properties by MonthApr-11 vs. Apr-12: The number of Under Contract properties is up 15%


Time Period

Full Market


Bank Properties


Non-Bank Properties

# Properties % Non-Bank Median PriceApr-12 179,994392 94 199,97485.233495,95014.858

Mar-12 169,239373 97 181,45083.731280,75016.461

Feb-12 174,900303 110 185,90081.524775,50018.556

Jan-12 159,500269 110 179,90076.6206109,90023.463

Dec-11 162,400192 109 179,90073.414189,90026.651

Nov-11 169,900229 103 199,50075.517386,24024.456

Oct-11 162,200266 110 179,90078.620982,80021.457

Sep-11 174,900241 99 188,00078.4189107,45021.652Aug-11 157,000299 89 169,94578.9236100,90021.163

Jul-11 174,700314 100 189,90084.126494,00015.950

Jun-11 173,450284 106 184,90079.6226120,98520.458

May-11 164,900284 108 184,95080.322883,00019.756

Apr-11 170,000342 108 199,90077.526584,90022.577




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10/21

Apr-12

606

Apr-11

671

%

-10%

Change

-65

Apr-11 vs. Apr-12: The number of New properties is down 10%New Properties by Month


Apr-11 vs. Apr-12

Jeff Bulman





Sq Ft:

Galveston


Period: All All

Property Types:

Counties:

All


10 of 21


11/21

New Properties by MonthApr-11 vs. Apr-12: The number of New properties is down 10%


Time Period # Properties

Full Market

Median Price

Bank Properties


Non-Bank Properties

# Properties % Non-Bank Median PriceApr-12 190,000606 75 12.4 108,000 531 87.6 199,900

Mar-12 189,900625 70 11.2 86,450 555 88.8 209,000

Feb-12 182,000570 67 11.8 100,800 503 88.2 196,000

Jan-12 175,000561 62 11.1 106,400 499 89.0 180,000

Dec-11 164,900293 54 18.4 94,455 239 81.6 179,500

Nov-11 164,700428 73 17.1 110,000 355 82.9 179,000

Oct-11 165,000529 75 14.2 91,000 454 85.8 174,500

Sep-11 166,450444 55 12.4 99,000 389 87.6 174,900Aug-11 179,000562 72 12.8 98,116 490 87.2 189,250

Jul-11 169,900558 67 12.0 104,900 491 88.0 179,900

Jun-11 164,900635 82 12.9 95,450 553 87.1 174,000

May-11 169,900615 72 11.7 114,900 543 88.3 179,000

Apr-11 184,900671 87 13.0 95,250 584 87.0 199,500




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12/21

Apr-12

2,889

Apr-11

3,422

%

-16%

Change

-533

Apr-11 vs. Apr-12: The number of For Sale properties is down 16%For Sale Properties by Month


Apr-11 vs. Apr-12

Jeff Bulman





Sq Ft:

Galveston


Period: All All

Property Types:

Counties:

All


12 of 21


13/21

For Sale Properties by MonthApr-11 vs. Apr-12: The number of For Sale properties is down 16%


# PropertiesTime Period

Full Market


Bank Properties Non-Bank Properties

% Bank Median Price # Properties % Non-Bank Median PriceApr-12 195,0002,889 139 253 8.8 108,000 2,636 91.2 207,900

Mar-12 189,0002,880 144 255 8.8 99,900 2,625 91.2 199,900

Feb-12 185,0002,818 151 262 9.3 99,950 2,556 90.7 195,000

Jan-12 179,9252,816 159 280 9.9 103,950 2,536 90.1 189,900

Dec-11 182,9002,791 169 294 10.5 104,450 2,497 89.5 193,500

Nov-11 183,0403,011 156 307 10.2 101,900 2,704 89.8 192,700

Oct-11 184,9003,177 151 299 9.4 94,900 2,878 90.6 192,900

Sep-11 184,9003,225 149 289 9.0 101,331 2,936 91.0 194,950Aug-11 183,0003,429 141 320 9.3 101,516 3,109 90.7 190,495

Jul-11 180,0003,487 137 313 9.0 100,999 3,174 91.0 189,900

Jun-11 181,0003,497 134 326 9.3 105,950 3,171 90.7 191,000

May-11 184,9003,417 133 319 9.3 104,000 3,098 90.7 194,945

Apr-11 187,2503,422 133 346 10.1 99,900 3,076 89.9 199,000




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14/21

Apr-12

253

Apr-11

278

%

-9%

Change

-25

Apr-11 vs. Apr-12: The number of Expired properties is down 9%Expired Properties by Month


Apr-11 vs. Apr-12

Jeff Bulman





Sq Ft:

Galveston


Period: All All

Property Types:

Counties:

All


14 of 21


15/21

Expired Properties by MonthApr-11 vs. Apr-12: The number of Expired properties is down 9%


Time Period Median Price# Properties Average DOM

Full Market

# Properties % Bank Median Price Median Price# Properties

Bank Properties

% Non-Bank

Non-Bank Properties

Apr-12 185,000253 201 23 9.1 115,000 230 90.9 196,950

Mar-12 159,000224 191 16 7.1 87,200 208 92.9 163,000

Feb-12 175,450260 180 21 8.1 95,750 239 91.9 184,900

Jan-12 169,500299 183 22 7.4 129,950 277 92.6 176,500

Dec-11 199,945344 208 25 7.3 145,000 319 92.7 207,900

Nov-11 169,900284 171 11 3.9 120,000 273 96.1 171,000

Oct-11 185,200328 171 8 2.4 200,842 320 97.6 184,900

Sep-11 175,250336 165 13 3.9 154,350 323 96.1 179,000Aug-11 169,900349 161 23 6.6 110,000 326 93.4 174,500

Jul-11 174,500306 164 15 4.9 101,900 291 95.1 176,000

Jun-11 179,950284 176 22 7.8 147,000 262 92.2 183,250

May-11 174,900271 154 19 7.0 110,000 252 93.0 175,000

Apr-11 189,900278 167 22 7.9 167,400 256 92.1 192,900




15 of 21


16/21

Apr-11 vs. Apr-12: The number of for sale properties is down 16% and the number of sold properties is up 3%


Apr-11 vs. Apr-12

3,422 -16%

Jeff Bulman

2,889

Apr-12

Supply & Demand by Month

ChangeApr-11 %

-533

Apr-11 Apr-12 %

294 +3%

Apr-11 vs. Apr-12

304

Change

10

Clarus MarketMetrics 1 of 2 05/29/2012Information not guaranteed. 2012 - 2013 Terradatum and its suppliers and licensors (www.terradatum.com/about/licensors.td).



Sq Ft:

Galveston


Period: All All

Property Types:

Counties:

All


16 of 21

J ff B l B l R l E t t | 281 450 8689


17/21

Supply & Demand by MonthApr-11 vs. Apr-12: The number of for sale properties is down 16% and the number of sold properties is up 3%

Jeff Bulman Bulman Real Estate | 281.450.8689

Time Period For SaleFor Sale SoldSold# Properties Average DOM Average DOM# Properties

Apr-12 139 1072,889 304

Mar-12 144 1012,880 300

Feb-12 151 1062,818 237

Jan-12 159 1062,816 180

Dec-11 169 1142,791 273

Nov-11 156 943,011 236

Oct-11 151 1023,177 251

Sep-11 149 863,225 279

Aug-11 141 1023,429 337

Jul-11 137 1043,487 267

Jun-11 134 1103,497 292

May-11 133 973,417 308

Apr-11 133 1183,422 294



17 of 21

Bulman Real Estate | 281 450 8689Jeff Bulman


18/21

Apr-12

94

Apr-11

108

%

-14%

Change

-15

Apr-11 vs. Apr-12: The average days on market is down 14%The Average Days on Market by Month


Apr-11 vs. Apr-12

Jeff Bulman




Sq Ft:

Galveston


Period: All All

Property Types:

Counties:

All


18 of 21



19/21

The Average Days on Market by MonthApr-11 vs. Apr-12: The average days on market is down 14%


Time Period # UC UnitsAverage DOM

Apr-12 39294

Mar-12 37397

Feb-12 303110

Jan-12 269110

Dec-11 192109

Nov-11 229103

Oct-11 266110

Sep-11 24199

Aug-11 29989

Jul-11 314100

Jun-11 284106

May-11 284108

Apr-11 342108



19 of 21



20/21

Apr-11 vs. Apr-12: The average months supply of inventory is down 30%


Apr-11 vs. Apr-12

8.2 -30%

Jeff Bulman

5.7

Apr-12

Months Supply of Inventory

ChangeApr-11 %

-2.5





Sq Ft:

Galveston


Period: All All

Property Types:

Counties:

All


20 of 21



21/21

Months Supply of InventoryApr-11 vs. Apr-12: The average months supply of inventory is down 30%


Time Period During MonthLast Day of Month DOMMSI# Units For Sale # UC Units UC Average

Apr-12 392 942,244 5.7

Mar-12 373 972,283 6.1

Feb-12 303 1102,255 7.4

Jan-12 269 1102,248 8.4

Dec-11 192 1092,255 11.7

Nov-11 229 1032,498 10.9

Oct-11 266 1102,583 9.7

Sep-11 241 992,648 11.0

Aug-11 299 892,781 9.3

Jul-11 314 1002,867 9.1

Jun-11 284 1062,929 10.3

May-11 284 1082,862 10.1

Apr-11 342 1082,802 8.2




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Galveston County Real Estate Report April 2012

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Transcript of Galveston County Real Estate Report April 2012