Harris County Real Estate Report | April 2012

7/31/2019 Harris County Real Estate Report | April 2012

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05/31/2012Clarus MarketMetrics

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

Harris County, Texas

Jeff BulmanBulman Real Estate | 281.450.8689

Market Dynamics

Prepared For

1 of 21


2/21

Apr-12

145,000

Apr-11

132,629

%

+9%

Change

12,371

Apr-11 vs. Apr-12: The median sold price is up 9%Median Sold Price by Month

Bulman Real Estate | 281.450.8689

Apr-11 vs. Apr-12

Jeff Bulman

Clarus MarketMetrics 1 of 2 05/31/2012


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:

Harris

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 9%

Bulman Real Estate | 281.450.8689Jeff Bulman

Time Period Median Price # Units Average DOM

Apr-12 145,000 2,984 74

Mar-12 146,500 2,871 78

Feb-12 134,950 2,205 79

Jan-12 125,000 1,801 79

Dec-11 143,875 2,624 79

Nov-11 135,000 2,246 79

Oct-11 135,000 2,364 75

Sep-11 142,900 2,631 75Aug-11 144,950 3,100 78

Jul-11 144,000 2,844 75

Jun-11 145,000 3,004 74

May-11 140,000 2,835 77

Apr-11 132,629 2,776 84




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4/21

Apr-11 vs. Apr-12: The median price of for sale properties is up 3% and the median price of sold properties is up 9%


Apr-11 vs. Apr-12

150,000 +3%

Jeff Bulman

155,078

Apr-12

Median For Sale vs. Median Sold

ChangeApr-11 %

5,078

Apr-11 Apr-12 %

132,629 +9%

Apr-11 vs. Apr-12

145,000

Change

12,371





Sq Ft:

Harris


Period: All All

Property Types:

Counties:

All


4 of 21


5/21

Median For Sale vs. Median SoldApr-11 vs. Apr-12: The median price of for sale properties is up 3% and the median price of sold properties is up 9%


Time Period For SaleMedian SoldMedianFor Sale # Properties # PropertiesSold Price

Difference

Apr-12 19,178 2,984155,078 145,000 -10,077

Mar-12 19,324 2,871154,500 146,500 -8,000

Feb-12 18,691 2,205149,900 134,950 -14,950

Jan-12 18,714 1,801149,900 125,000 -24,900

Dec-11 18,746 2,624148,994 143,875 -5,119

Nov-11 19,905 2,246149,900 135,000 -14,900

Oct-11 21,031 2,364149,900 135,000 -14,900

Sep-11 21,574 2,631149,900 142,900 -7,000

Aug-11 22,860 3,100149,999 144,950 -5,049

Jul-11 23,363 2,844152,900 144,000 -8,900

Jun-11 23,863 3,004151,900 145,000 -6,900

May-11 23,940 2,835154,365 140,000 -14,365

Apr-11 23,762 2,776150,000 132,629 -17,371

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


2 of 2 05/31/2012

5 of 21


6/21

Apr-12

2,984

Apr-11

2,776

%

+7%

Change

208

Apr-11 vs. Apr-12: The number of Sold properties is up 7%Sold Properties by Month


Apr-11 vs. Apr-12

Jeff Bulman





Sq Ft:

Harris


Period: All All

Property Types:

Counties:

All


6 of 21


7/21

Sold Properties by MonthApr-11 vs. Apr-12: The number of Sold properties is up 7%


Time Period

Full Market

# Properties Median Price Average DOM

Bank Properties

# Properties % Bank Median Price

Non-Bank Properties

# Properties % Non-Bank Median Price

Apr-12 145,0002,984 74 729 24.4 76,500 2,255 75.6 173,000

Mar-12 146,5002,871 78 697 24.3 82,000 2,174 75.7 175,000

Feb-12 134,9502,205 79 640 29.0 76,725 1,565 71.0 164,500

Jan-12 125,0001,801 79 624 34.6 80,100 1,177 65.3 157,900

Dec-11 143,8752,624 79 687 26.2 80,000 1,937 73.8 172,000

Nov-11 135,0002,246 79 598 26.6 80,000 1,648 73.4 165,000

Oct-11 135,0002,364 75 640 27.1 79,156 1,724 72.9 158,950

Sep-11 142,9002,631 75 641 24.4 79,000 1,990 75.6 167,250Aug-11 144,9503,100 78 784 25.3 79,950 2,316 74.7 175,000

Jul-11 144,0002,844 75 706 24.8 81,000 2,138 75.2 173,900

Jun-11 145,0003,004 74 696 23.2 80,000 2,308 76.8 172,000

May-11 140,0002,835 77 710 25.0 76,112 2,125 75.0 169,990

Apr-11 132,6292,776 84 735 26.5 77,320 2,041 73.5 160,000




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8/21

Apr-12

3,644

Apr-11

2,911

%

+25%

Change

733

Apr-11 vs. Apr-12: The number of Under Contract properties is up 25%Under Contract Properties by Month


Apr-11 vs. Apr-12

Jeff Bulman





Sq Ft:

Harris


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 25%


Time Period

Full Market


Bank Properties


Non-Bank Properties

# Properties % Non-Bank Median PriceApr-12 157,6503,644 64 189,00076.12,77479,00023.9870

Mar-12 149,9003,532 73 179,90076.12,68980,00023.9843

Feb-12 145,0002,932 81 175,00074.62,18681,05025.4746

Jan-12 141,8902,539 77 179,60070.01,77679,99030.1763

Dec-11 137,2502,006 79 168,78368.91,38382,50031.1623

Nov-11 140,0002,241 80 174,90071.31,59882,90028.7643

Oct-11 139,8382,406 77 168,95071.11,71181,00028.9695

Sep-11 139,9002,344 78 169,90074.11,73676,95025.9608Aug-11 144,9452,894 75 169,90076.42,21282,95023.6682

Jul-11 154,5902,805 77 184,80074.92,10181,25025.1704

Jun-11 147,7002,938 75 175,00075.02,20284,90025.1736

May-11 149,9003,024 73 179,90076.82,32179,90023.2703

Apr-11 144,9002,911 81 179,00075.02,18478,30025.0727




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10/21

Apr-12

5,205

Apr-11

5,463

%

-5%

Change

-258

Apr-11 vs. Apr-12: The number of New properties is down 5%New Properties by Month


Apr-11 vs. Apr-12

Jeff Bulman





Sq Ft:

Harris


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 5%


Time Period # Properties

Full Market

Median Price

Bank Properties


Non-Bank Properties

# Properties % Non-Bank Median PriceApr-12 159,8955,205 945 18.2 82,000 4,260 81.8 179,990

Mar-12 159,9005,211 932 17.9 79,900 4,279 82.1 179,900

Feb-12 149,0004,405 928 21.1 81,400 3,477 78.9 170,000

Jan-12 149,9004,422 868 19.6 83,000 3,554 80.4 169,900

Dec-11 135,0002,956 764 25.9 79,900 2,192 74.2 159,000

Nov-11 144,9003,529 803 22.8 84,900 2,726 77.2 167,900

Oct-11 148,5004,051 837 20.7 83,858 3,214 79.3 169,000

Sep-11 143,9694,233 880 20.8 83,000 3,353 79.2 167,500Aug-11 146,9984,734 930 19.6 85,000 3,804 80.3 164,900

Jul-11 150,0004,758 811 17.0 85,000 3,947 83.0 169,900

Jun-11 149,9505,219 925 17.7 88,900 4,294 82.3 169,500

May-11 158,5005,208 803 15.4 86,400 4,405 84.6 174,900

Apr-11 155,0005,463 888 16.2 85,000 4,575 83.8 174,900




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12/21

Apr-12

19,178

Apr-11

23,762

%

-19%

Change

-4,584

Apr-11 vs. Apr-12: The number of For Sale properties is down 19%For Sale Properties by Month


Apr-11 vs. Apr-12

Jeff Bulman





Sq Ft:

Harris


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 19%


# PropertiesTime Period

Full Market


Bank Properties Non-Bank Properties

% Bank Median Price # Properties % Non-Bank Median PriceApr-12 155,07819,178 106 3,021 15.8 84,900 16,157 84.2 172,000

Mar-12 154,50019,324 111 3,114 16.1 85,000 16,210 83.9 169,900

Feb-12 149,90018,691 119 3,116 16.7 86,000 15,575 83.3 167,500

Jan-12 149,90018,714 123 3,158 16.9 87,000 15,556 83.1 166,622

Dec-11 148,99418,746 131 3,188 17.0 88,000 15,558 83.0 164,900

Nov-11 149,90019,905 124 3,250 16.3 89,000 16,655 83.7 165,000

Oct-11 149,90021,031 120 3,354 15.9 89,000 17,677 84.0 165,000

Sep-11 149,90021,574 117 3,359 15.6 89,000 18,215 84.4 165,000Aug-11 149,99922,860 115 3,412 14.9 89,900 19,448 85.1 165,000

Jul-11 152,90023,363 114 3,405 14.6 89,900 19,958 85.4 168,900

Jun-11 151,90023,863 113 3,573 15.0 89,900 20,290 85.0 168,900

May-11 154,36523,940 113 3,583 15.0 89,900 20,357 85.0 169,000

Apr-11 150,00023,762 113 3,716 15.6 89,325 20,046 84.4 168,000




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14/21

Apr-12

1,500

Apr-11

2,119

%

-29%

Change

-619

Apr-11 vs. Apr-12: The number of Expired properties is down 29%Expired Properties by Month


Apr-11 vs. Apr-12

Jeff Bulman





Sq Ft:

Harris


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 29%


Time Period Median Price# Properties Average DOM

Full Market

# Properties % Bank Median Price Median Price# Properties

Bank Properties

% Non-Bank

Non-Bank Properties

Apr-12 150,0001,500 138 150 10.0 88,400 1,350 90.0 159,910

Mar-12 150,0001,819 147 195 10.7 105,000 1,624 89.3 160,000

Feb-12 148,6381,646 149 188 11.4 94,350 1,458 88.6 155,000

Jan-12 149,9001,891 150 207 10.9 89,995 1,684 89.0 159,900

Dec-11 145,0002,448 171 275 11.2 95,990 2,173 88.8 150,000

Nov-11 159,0001,875 153 183 9.8 89,900 1,692 90.2 166,520

Oct-11 154,9002,249 144 212 9.4 99,825 2,037 90.6 160,000

Sep-11 155,9002,250 147 234 10.4 99,000 2,016 89.6 169,000Aug-11 158,0002,625 143 251 9.6 99,900 2,374 90.4 165,000

Jul-11 154,9942,432 141 219 9.0 97,900 2,213 91.0 164,000

Jun-11 153,9502,320 151 243 10.5 99,900 2,077 89.5 164,900

May-11 159,9002,272 143 232 10.2 100,500 2,040 89.8 168,500

Apr-11 155,0002,119 147 209 9.9 100,000 1,910 90.1 159,900




15 of 21


16/21

Apr-11 vs. Apr-12: The number of for sale properties is down 19% and the number of sold properties is up 7%


Apr-11 vs. Apr-12

23,762 -19%

Jeff Bulman

19,178

Apr-12

Supply & Demand by Month

ChangeApr-11 %

-4,584

Apr-11 Apr-12 %

2,776 +7%

Apr-11 vs. Apr-12

2,984

Change

208

Clarus MarketMetrics 1 of 2 05/31/2012Information not guaranteed. 2012 - 2013 Terradatum and its suppliers and licensors (www.terradatum.com/about/licensors.td).



Sq Ft:

Harris


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 19% and the number of sold properties is up 7%

Jeff Bulman Bulman Real Estate | 281.450.8689

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

Apr-12 106 7419,178 2,984

Mar-12 111 7819,324 2,871

Feb-12 119 7918,691 2,205

Jan-12 123 7918,714 1,801

Dec-11 131 7918,746 2,624

Nov-11 124 7919,905 2,246

Oct-11 120 7521,031 2,364

Sep-11 117 7521,574 2,631

Aug-11 115 7822,860 3,100

Jul-11 114 7523,363 2,844

Jun-11 113 7423,863 3,004

May-11 113 7723,940 2,835

Apr-11 113 8423,762 2,776



17 of 21

Bulman Real Estate | 281 450 8689Jeff Bulman


18/21

Apr-12

64

Apr-11

81

%

-22%

Change

-18

Apr-11 vs. Apr-12: The average days on market is down 22%The Average Days on Market by Month


Apr-11 vs. Apr-12

Jeff Bulman




Sq Ft:

Harris


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 22%


Time Period # UC UnitsAverage DOM

Apr-12 3,64464

Mar-12 3,53273

Feb-12 2,93281

Jan-12 2,53977

Dec-11 2,00679

Nov-11 2,24180

Oct-11 2,40677

Sep-11 2,34478

Aug-11 2,89475

Jul-11 2,80577

Jun-11 2,93875

May-11 3,02473

Apr-11 2,91181



19 of 21



20/21

Apr-11 vs. Apr-12: The average months supply of inventory is down 40%


Apr-11 vs. Apr-12

6.4 -40%

Jeff Bulman

3.9

Apr-12

Months Supply of Inventory

ChangeApr-11 %

-2.6





Sq Ft:

Harris


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 40%


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

Apr-12 3,644 6414,034 3.9

Mar-12 3,532 7313,973 4.0

Feb-12 2,932 8114,113 4.8

Jan-12 2,539 7714,286 5.6

Dec-11 2,006 7914,292 7.1

Nov-11 2,241 8015,790 7.0

Oct-11 2,406 7716,376 6.8

Sep-11 2,344 7816,980 7.2

Aug-11 2,894 7517,341 6.0

Jul-11 2,805 7718,126 6.5

Jun-11 2,938 7518,605 6.3

May-11 3,024 7318,644 6.2

Apr-11 2,911 8118,732 6.4




21 of 21

Documents

Harris County Real Estate Report | April 2012