Magnolia, Texas Real Estate Update August 2013

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The Home Sales Real Estate Sales Report Magnolia TX | 77354 | August 2013 Average Sold Price / Median Sold Price – Month By Month Average Price Per Square Foot – Month By Month Average Days On Market – Month By Month Months Supply of For Sale Inventory – Month By Month Woodforest Plaza | 6875 FM 1488, Suite 800 | Magnolia TX 77354 | 281-367-3531 281-367-3531

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Real Estate Market Report - Magnolia Texas 2013

Transcript of Magnolia, Texas Real Estate Update August 2013

Page 1: Magnolia, Texas Real Estate Update August 2013

The$Home$Sales$Real$Estate$Sales$Report$$Magnolia$TX$|$77354$|$August$2013$$Average$Sold$Price$/$Median$Sold$Price$–$Month$By$Month$Average$Price$Per$Square$Foot$–$Month$By$Month$Average$Days$On$Market$–$Month$By$Month$Months$Supply$of$For$Sale$Inventory$–$Month$By$Month$$$

Woodforest Plaza | 6875 FM 1488, Suite 800 | Magnolia TX 77354 | 281-367-3531

281-367-3531

Page 2: Magnolia, Texas Real Estate Update August 2013

KEY INFORMATION

2 Years (Monthly) 07/01/11 - 07/31/13

0DUNHW�'\QDPLFV %+*5(�*DU\�*UHHQHSold Average vs. Median Price

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0.130.26

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13.71Median

7RWDO�&KDQJHAverage 693.29 16,638.85 6.17

329.050.01

ZIP Codes:All

Bathrooms:Single-Family: (Free Standing, Manufactured, Patio Home, Duplex, Historic) Sq Ft:

HAR AllAll AllAllAll Lot Size:Bedrooms:Property Types:

77354

2 Years (Monthly) Construction Type:Price:Period:MLS:

08/07/13%URNHU0HWULFV�Information not guaranteed. © 2013 - 2014 Terradatum and its suppliers and licensors (http://www.terradatum.com/metrics/licensors).

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Page 3: Magnolia, Texas Real Estate Update August 2013

BHGRE Gary Greene

2 Years (Monthly) 07/01/11 - 07/31/13

Market DynamicsSold Average vs. Median Price

Time Period # Properties Sold Sold Average $ Sold Median $ Sold Avg DOMAverage $ - Median $ Median $ as % of Average $73Jul-13 302,308 91.0275,075 27,233 6162Jun-13 287,357 86.3247,950 39,407 5958May-13 273,696 93.4255,750 17,946 6451Apr-13 315,530 88.5279,191 36,339 8453Mar-13 302,119 79.4240,000 62,119 7833Feb-13 256,263 87.4224,000 32,263 8136Jan-13 258,723 91.8237,500 21,223 8841Dec-12 274,386 80.2220,000 54,386 7938Nov-12 281,975 91.3257,500 24,475 6039Oct-12 241,443 88.1212,700 28,743 7746Sep-12 281,606 99.5280,250 1,356 11356Aug-12 280,406 88.1247,000 33,406 6157Jul-12 296,023 88.2261,000 35,023 9955Jun-12 299,753 81.9245,600 54,153 5660May-12 255,274 78.6200,745 54,529 13835Apr-12 302,684 99.1299,900 2,784 7538Mar-12 312,003 80.8251,950 60,053 7722Feb-12 274,925 102.8282,500 -7,575 7519Jan-12 244,516 102.2250,000 -5,484 11044Dec-11 241,858 89.3216,000 25,858 8333Nov-11 217,312 95.7208,000 9,312 9537Oct-11 283,577 99.3281,500 2,077 8229Sep-11 310,409 89.4277,530 32,879 8146Aug-11 255,966 89.0227,750 28,216 10449Jul-11 298,196 86.9259,250 38,946 120

© 2013 - 2014 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

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Page 4: Magnolia, Texas Real Estate Update August 2013

0DUNHW�'\QDPLFVAverage $/SQFT (Sold)

2 Years (Monthly) 07/01/11 - 07/31/13

%+*5(�*DU\�*UHHQH

Price:

0.25

AllAll All

5.89

Property Types:HAR

Sold $/SQFT

MLS: AllBathrooms:

0.25

All Construction Type:

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Sq Ft:

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2 Years (Monthly)

ZIP Codes:

All

6.02

Lot Size:Period:

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Bedrooms:

KEY INFORMATION

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Single-Family: (Free Standing, Manufactured, Patio Home, Duplex, Historic)77354

08/07/13%URNHU0HWULFV�Information not guaranteed. © 2013 - 2014 Terradatum and its suppliers and licensors (http://www.terradatum.com/metrics/licensors).

© 2013 - 2014 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

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Page 5: Magnolia, Texas Real Estate Update August 2013

Average $/SQFT (Sold)2 Years (Monthly) 07/01/11 - 07/31/13

Market Dynamics BHGRE Gary Greene

#

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

124Jul-13 291 2,896356,713 77 278,385 2,662 105 73 27 98302,308 311,511 314,6552,855 106 2,969 105 2,710 117122Jun-13 290 2,902349,274 70 272,886 2,647 106 62 27 76287,357 341,485 322,3972,717 107 2,916 117 2,794 117120May-13 303 2,925347,649 63 311,483 2,847 109 58 26 96273,696 343,338 325,9722,745 103 2,985 115 2,762 118118Apr-13 283 2,920340,051 59 278,753 2,672 105 51 17 87315,530 337,865 315,6732,910 108 2,773 128 2,708 118116Mar-13 278 2,969339,802 60 307,226 2,858 107 53 22 88302,119 330,030 322,4952,839 106 2,875 120 2,796 116117Feb-13 267 2,947340,586 44 347,688 2,876 122 33 33 60256,263 289,474 355,0542,550 100 2,443 121 2,919 123113Jan-13 280 2,963329,335 43 283,921 2,763 103 36 30 62258,723 345,731 309,7582,560 101 3,321 111 2,865 109114Dec-12 284 2,945328,160 40 282,733 2,673 108 41 26 35274,386 341,514 309,4742,919 94 2,982 115 2,900 113112Nov-12 303 2,924323,025 34 281,075 2,806 100 38 20 45281,975 297,710 316,4112,832 100 2,790 106 3,017 107111Oct-12 328 2,886318,230 39 297,150 2,847 104 39 31 68241,443 295,243 303,7512,587 96 2,759 107 2,749 111116Sep-12 339 2,971338,541 39 253,088 2,738 95 46 40 45281,606 529,268 317,8502,849 101 3,566 163 2,759 116115Aug-12 380 2,992337,466 56 274,520 2,823 99 56 30 85280,406 413,385 302,2892,870 98 3,192 130 2,869 105114Jul-12 397 2,982333,200 57 313,019 2,998 104 57 45 90296,023 264,355 291,6162,892 102 2,658 101 2,898 103116Jun-12 370 2,958337,354 41 309,922 2,738 113 55 22 78299,753 276,320 301,8512,796 107 2,714 102 2,890 104117May-12 376 2,949337,006 59 276,165 2,708 103 60 25 104255,274 365,755 271,8272,872 96 3,182 115 2,627 104120Apr-12 354 3,087357,261 56 304,896 3,043 111 35 26 95302,684 421,233 316,4152,933 109 3,309 127 2,921 108120Mar-12 344 3,089355,580 48 292,573 2,742 107 38 37 82312,003 320,677 307,2252,950 106 3,129 105 2,911 107121Feb-12 320 3,115363,910 33 280,757 2,842 99 22 25 59274,925 402,373 294,1832,814 98 3,153 128 2,696 109121Jan-12 329 3,163366,863 26 332,166 2,770 120 19 42 61244,516 308,739 311,1902,847 86 3,096 102 3,048 104121Dec-11 324 3,127362,763 28 268,886 2,670 101 44 28 45241,858 296,110 330,6342,484 99 3,009 102 3,016 110121Nov-11 347 3,099358,972 38 271,805 2,706 103 33 30 43217,312 385,932 369,9652,417 92 3,173 124 3,008 123118Oct-11 366 3,068346,537 31 223,043 2,436 94 37 31 55283,577 363,343 284,2192,942 96 3,268 111 2,707 105119Sep-11 381 3,087351,166 34 292,044 2,820 104 29 36 84310,409 351,780 286,1242,972 108 2,938 120 2,924 101120Aug-11 371 3,071351,419 43 307,774 2,900 111 46 31 65255,966 238,137 375,4462,675 98 2,686 98 3,020 129118Jul-11 369 3,049342,561 33 294,222 2,798 105 49 30 78298,196 357,450 263,3052,892 103 3,010 119 2,954 104

© 2013 - 2014 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

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Page 6: Magnolia, Texas Real Estate Update August 2013

%+*5(�*DU\�*UHHQH0DUNHW�'\QDPLFV

2 Years (Monthly) 07/01/11 - 07/31/13Average DOM for Under Contract Properties

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77354

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Sq Ft:Bathrooms:All All

DOM

Construction Type:

ZIP Codes:

Period:Property Types:

-25.54 -27.450RQWKO\�&KDQJH

-1.14

Lot Size:All

KEY INFORMATION

Single-Family: (Free Standing, Manufactured, Patio Home, Duplex, Historic) AllHAR AllBedrooms:

7RWDO�&KDQJH

AllMLS: Price:2 Years (Monthly)

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08/07/13

Page 7: Magnolia, Texas Real Estate Update August 2013

Average DOM for Under Contract PropertiesMarket Dynamics BHGRE Gary Greene

2 Years (Monthly) 07/01/11 - 07/31/13

Period Avg DOM Avg CDOMContract# UnderTime

57Jul-13 937751Jun-13 867074May-13 1226367Apr-13 975968Mar-13 946078Feb-13 1444476Jan-13 10943

104Dec-12 1184080Nov-12 1183463Oct-12 1053972Sep-12 1053983Aug-12 11556

107Jul-12 1415773Jun-12 1924157May-12 9059

131Apr-12 1805684Mar-12 1594877Feb-12 1673390Jan-12 1272655Dec-11 10228

107Nov-11 1693875Oct-11 1213196Sep-11 16434

102Aug-11 1914378Jul-11 13433

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© 2013 - 2014 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

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Page 8: Magnolia, Texas Real Estate Update August 2013

Months Supply of Inventory (UC Calculation)0DUNHW�'\QDPLFV

2 Years (Monthly) 07/01/11 - 07/31/13

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ZIP Codes:

-67.64

Price:HAR Bedrooms:Period:

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2 Years (Monthly)

77354

-2.82

Single-Family: (Free Standing, Manufactured, Patio Home, Duplex, Historic)

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Property Types:

KEY INFORMATION

AllAll Lot Size:All

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-0.267RWDO�&KDQJH

Sq Ft:AllAll Bathrooms:MLS: AllConstruction Type:

Information not guaranteed. © 2013 - 2014 Terradatum and its suppliers and licensors (http://www.terradatum.com/metrics/licensors).

%URNHU0HWULFV� 1 of 2

© 2013 - 2014 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

08/07/13

Page 9: Magnolia, Texas Real Estate Update August 2013

BHGRE Gary GreeneMarket DynamicsMonths Supply of Inventory (UC Calculation)

2 Years (Monthly) 07/01/11 - 07/31/13

Period NAR MSI # SoldMSI# For Sale Last

Day of Month# UnderContract

Time

2.6Jul-13 77 731872.4

3.1Jun-13 70 621932.8

3.7May-13 63 582143.4

4.1Apr-13 59 512073.5

3.7Mar-13 60 531963.3

5.8Feb-13 44 331904.3

5.8Jan-13 43 362074.8

5.3Dec-12 40 412185.5

6.6Nov-12 34 382497.3

6.6Oct-12 39 392586.6

5.7Sep-12 39 462606.7

5.2Aug-12 56 562945.2

5.2Jul-12 57 572955.2

5.6Jun-12 41 553077.5

4.9May-12 59 602924.9

7.8Apr-12 56 352724.9

6.8Mar-12 48 382595.4

11.9Feb-12 33 222627.9

13.7Jan-12 26 1926110.0

6.1Dec-11 28 442689.6

8.5Nov-11 38 332797.3

8.2Oct-11 31 373049.8

10.7Sep-11 34 293119.1

6.5Aug-11 43 462976.9

6.2Jul-11 33 493069.3

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© 2013 - 2014 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

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