Real Estate Magnolia | Market Report December 2012

9

Click here to load reader

Transcript of Real Estate Magnolia | Market Report December 2012

Page 1: Real Estate Magnolia | Market Report December 2012

Real%Estate%Sales%Report%%Magnolia%77354|%December%2012%

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: Real Estate Magnolia | Market Report December 2012

KEY INFORMATION

2 Years (Monthly) 11/01/10 - 11/30/12

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

0RQWKO\�� 7RWDO���&KDQJH

14.920.52

0RQWKO\�&KDQJH

1,461.65Median

7RWDO�&KDQJHAverage 1,389.05 33,337.11 12.57

35,079.650.62

Magnolia MktAll

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

HAR AllAll AllAllAll Lot Size:Bedrooms:Property Types:

77354

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

12/05/12%URNHU0HWULFV�Information not guaranteed. © 2012 - 2013 Terradatum and its suppliers and licensors (http://www.terradatum.com/metrics/licensors).

© 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

1 of 2

Page 3: Real Estate Magnolia | Market Report December 2012

BHGRE Gary Greene

2 Years (Monthly) 11/01/10 - 11/30/12

Market DynamicsSold Average vs. Median Price

Time Period # Properties Sold Sold Average $ Sold Median $ Sold Avg DOMAverage $ - Median $ Median $ as % of Average $34Nov-12 304,556 87.6266,750 37,806 6237Oct-12 253,089 87.9222,500 30,589 8144Sep-12 292,090 96.6282,250 9,840 10956Aug-12 280,406 88.1247,000 33,406 6155Jul-12 305,494 86.0262,700 42,794 10254Jun-12 304,786 81.3247,800 56,986 5652May-12 284,189 90.3256,500 27,689 13533Apr-12 319,604 93.9300,000 19,604 7136Mar-12 327,281 82.3269,450 57,831 8019Feb-12 309,808 99.3307,637 2,171 6717Jan-12 269,824 96.4260,000 9,824 11142Dec-11 251,720 88.4222,500 29,220 8431Nov-11 229,423 91.5210,000 19,423 9735Oct-11 295,667 104.8309,990 -14,323 8328Sep-11 320,602 91.3292,765 27,837 8344Aug-11 265,715 87.9233,500 32,215 10745Jul-11 319,563 83.2266,000 53,563 12439Jun-11 264,281 84.9224,300 39,981 7244May-11 261,891 90.6237,250 24,641 7331Apr-11 252,314 92.4233,200 19,114 10640Mar-11 284,206 93.2264,950 19,256 11423Feb-11 254,432 87.9223,724 30,708 10416Jan-11 266,312 78.9210,003 56,309 12029Dec-10 279,088 89.9251,000 28,088 10925Nov-10 251,457 85.5214,900 36,557 90

© 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

2 12/05/122 of%URNHU0HWULFV�Information not guaranteed. © 2012 - 2013 Terradatum and its suppliers and licensors (http://www.terradatum.com/metrics/licensors).

Page 4: Real Estate Magnolia | Market Report December 2012

0DUNHW�'\QDPLFVAverage $/SQFT (Sold)

2 Years (Monthly) 11/01/10 - 11/30/12

%+*5(�*DU\�*UHHQH

Price:

0.38

AllAll All

8.55

Property Types:HAR

Sold $/SQFT

MLS: AllBathrooms:

0.36

All Construction Type:

7RWDO�&KDQJH

Sq Ft:

0RQWKO\�&KDQJH

2 Years (Monthly)

Magnolia Mkt

All

9.01

Lot Size:Period:

0RQWKO\��

Bedrooms:

KEY INFORMATION

7RWDO���&KDQJH

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

12/05/12%URNHU0HWULFV�Information not guaranteed. © 2012 - 2013 Terradatum and its suppliers and licensors (http://www.terradatum.com/metrics/licensors).

© 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

1 of 2

Page 5: Real Estate Magnolia | Market Report December 2012

Average $/SQFT (Sold)2 Years (Monthly) 11/01/10 - 11/30/12

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

114Nov-12 273 3,004342,608 36 278,738 2,800 100 34 18 44304,556 346,355 329,1782,919 104 3,045 114 3,017 109113Oct-12 298 2,951333,972 39 302,032 2,859 106 37 30 63253,089 289,868 326,4542,627 96 2,697 107 2,846 115119Sep-12 308 3,041358,851 37 270,048 2,772 97 44 36 40292,090 599,376 325,2362,879 101 3,740 164 2,764 118117Aug-12 354 3,050354,681 54 282,578 2,847 99 56 32 80280,406 399,413 318,4992,870 98 3,121 128 2,963 107116Jul-12 375 3,027349,246 55 323,240 3,040 106 55 46 84305,494 285,034 308,6672,929 104 2,724 105 2,943 105117Jun-12 355 2,993349,142 40 316,745 2,782 114 54 24 74304,786 259,861 315,3632,830 108 2,643 98 2,964 106117May-12 368 2,962345,138 58 279,754 2,708 103 52 29 98284,189 350,915 281,1762,909 98 3,095 113 2,681 105120Apr-12 343 3,089370,365 49 344,791 3,075 112 33 24 94319,604 445,202 324,0822,933 109 3,382 132 2,943 110120Mar-12 327 3,103372,098 45 302,820 2,780 109 36 33 77327,281 347,811 320,2303,038 108 3,237 107 2,960 108122Feb-12 304 3,134380,564 32 288,593 2,885 100 19 22 55309,808 429,007 307,9813,025 102 3,342 128 2,788 110122Jan-12 306 3,203389,013 23 369,844 2,942 126 17 34 59269,824 346,440 320,1713,011 90 3,322 104 3,069 104122Dec-11 299 3,178387,164 26 285,408 2,760 103 42 26 43251,720 315,138 342,4912,512 100 3,056 103 3,073 111122Nov-11 320 3,149382,944 36 285,045 2,746 104 31 28 42229,423 401,627 377,0362,451 94 3,248 126 3,048 124119Oct-11 338 3,116369,579 28 240,266 2,512 96 35 32 52295,667 358,860 297,3293,032 98 3,223 111 2,767 107120Sep-11 352 3,137373,668 33 299,954 2,864 105 28 33 79320,602 368,975 300,2162,972 108 3,038 121 2,982 102121Aug-11 345 3,115373,275 41 321,324 2,900 111 44 31 58265,715 251,334 392,5242,710 98 2,775 101 3,040 129119Jul-11 346 3,101363,247 31 305,855 2,866 107 45 28 63319,563 363,878 317,6143,012 106 3,068 119 3,024 105120Jun-11 372 3,082364,723 48 329,806 2,905 114 39 41 73264,281 345,671 311,7302,713 97 3,044 114 2,949 106121May-11 364 3,057364,180 37 279,360 2,701 103 44 28 66261,891 332,304 433,4682,851 92 2,918 114 3,021 143114Apr-11 369 3,024340,567 48 271,317 2,782 98 31 23 86252,314 377,978 305,5862,682 94 3,008 126 2,783 110114Mar-11 340 3,049342,139 30 286,137 2,849 100 40 27 73284,206 309,415 299,4832,923 97 2,764 112 2,799 111112Feb-11 318 3,098346,568 38 291,991 3,027 96 23 13 71254,432 357,536 333,1462,936 87 2,959 121 2,852 117110Jan-11 311 3,155345,813 27 263,216 2,914 90 16 37 52266,312 375,293 300,8952,707 98 3,245 113 2,862 105111Dec-10 314 3,193350,883 19 298,639 2,676 112 29 36 40279,088 350,050 323,2262,816 99 3,323 113 3,231 100113Nov-10 329 3,156354,786 25 297,285 2,970 100 25 30 41251,457 401,468 305,5032,696 93 3,029 133 3,022 101

© 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

2 12/05/122 of%URNHU0HWULFV�Information not guaranteed. © 2012 - 2013 Terradatum and its suppliers and licensors (http://www.terradatum.com/metrics/licensors).

Page 6: Real Estate Magnolia | Market Report December 2012

%+*5(�*DU\�*UHHQH0DUNHW�'\QDPLFV

2 Years (Monthly) 11/01/10 - 11/30/12Average DOM for Under Contract Properties

0RQWKO\��-1.47

77354

7RWDO���&KDQJH

Sq Ft:Bathrooms:All All

DOM

Construction Type:

Magnolia Mkt

Period:Property Types:

-35.27 -32.710RQWKO\�&KDQJH

-1.36

Lot Size:All

KEY INFORMATION

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

7RWDO�&KDQJH

AllMLS: Price:2 Years (Monthly)

Information not guaranteed. © 2012 - 2013 Terradatum and its suppliers and licensors (http://www.terradatum.com/metrics/licensors).

%URNHU0HWULFV� 1 of 2

© 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

12/05/12

Page 7: Real Estate Magnolia | Market Report December 2012

Average DOM for Under Contract PropertiesMarket Dynamics BHGRE Gary Greene

2 Years (Monthly) 11/01/10 - 11/30/12

Period Avg DOM Avg CDOMContract# UnderTime

76Nov-12 1133660Oct-12 1023969Sep-12 1083785Aug-12 11954

110Jul-12 1455574Jun-12 1964058May-12 9158

120Apr-12 1764988Mar-12 1604579Feb-12 1723281Jan-12 1232355Dec-11 10526

110Nov-11 1753674Oct-11 1252899Sep-11 16933

106Aug-11 1994178Jul-11 13831

117Jun-11 1854883May-11 1673779Apr-11 1694894Mar-11 14830

122Feb-11 27038107Jan-11 17627132Dec-10 1941998Nov-10 16625

2

© 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

12/05/12Information not guaranteed. © 2012 - 2013 Terradatum and its suppliers and licensors (http://www.terradatum.com/metrics/licensors).

%URNHU0HWULFV� 2 of

Page 8: Real Estate Magnolia | Market Report December 2012

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

2 Years (Monthly) 11/01/10 - 11/30/12

%+*5(�*DU\�*UHHQH

Magnolia Mkt

-45.92

Price:HAR Bedrooms:Period:

0RQWKO\��MSI-UC

2 Years (Monthly)

77354

-1.91

Single-Family: (Free Standing, Patio Home)

7RWDO���&KDQJH

Property Types:

KEY INFORMATION

AllAll Lot Size:All

-4.560RQWKO\�&KDQJH

-0.197RWDO�&KDQJH

Sq Ft:AllAll Bathrooms:MLS: AllConstruction Type:

Information not guaranteed. © 2012 - 2013 Terradatum and its suppliers and licensors (http://www.terradatum.com/metrics/licensors).

%URNHU0HWULFV� 1 of 2

© 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

12/05/12

Page 9: Real Estate Magnolia | Market Report December 2012

BHGRE Gary GreeneMarket DynamicsMonths Supply of Inventory (UC Calculation)

2 Years (Monthly) 11/01/10 - 11/30/12

Period NAR MSI # SoldMSI# For Sale Last

Day of Month# UnderContract

Time

6.4Nov-12 36 342196.1

6.2Oct-12 39 372295.9

5.3Sep-12 37 442356.4

4.8Aug-12 54 562685.0

5.0Jul-12 55 552745.0

5.4Jun-12 40 542917.3

5.4May-12 58 522814.8

8.2Apr-12 49 332705.5

6.9Mar-12 45 362495.5

13.2Feb-12 32 192507.8

14.6Jan-12 23 1724910.8

5.9Dec-11 26 422479.5

8.3Nov-11 36 312567.1

7.9Oct-11 28 352789.9

10.2Sep-11 33 282868.7

6.2Aug-11 41 442736.7

6.4Jul-11 31 452879.3

7.3Jun-11 48 392835.9

6.8May-11 37 442998.1

9.6Apr-11 48 312986.2

7.1Mar-11 30 402839.4

11.6Feb-11 38 232677.0

15.4Jan-11 27 162479.1

8.9Dec-10 19 2925913.6

11.0Nov-10 25 2527411.0

2

© 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

12/05/12Information not guaranteed. © 2012 - 2013 Terradatum and its suppliers and licensors (http://www.terradatum.com/metrics/licensors).

%URNHU0HWULFV� 2 of