This document contains market data and statistics for the Houston housing market from April 2014 through April 2016. It includes charts showing trends in average home prices per square foot for properties listed, under contract, and sold. It also tracks numbers of properties by status (listed, under contract, sold, expired) and their average days on market over this time period. Overall, it finds that while home prices increased slightly, total inventory decreased significantly, with the months supply of inventory also declining steadily over the past two years.

1. April 2016
Our take on “How’s the market?”
photo courtesy of Brent Pullan Photography
@ReferredRealty www.ReferredRealtyGroup.com(281)210-0029

2. Market Dynamics
Average $/SQFT (FS, Sold)
2 Years (Monthly) 04/01/14 - 04/30/16
Referred Realty Group
Price:
0.22
All
All All
0.08
10.03
Property Types:
HAR
Sold $/SQFT
For Sale $/SQFT
MLS: All
0.12
Bathrooms:
0.42
All
1.952.93
Construction Type:
Total Change
Sq Ft:
Monthly Change
2 Years (Monthly)
Sublocations:
All
5.29
Lot Size:Period:
Monthly %
Bedrooms:
KEY INFORMATION
Total % Change
Single-Family: (Free Standing, Manufactured, Patio Home, Duplex, Historic)
107
05/02/16BrokerMetrics®
Information not guaranteed. © 2006 - 2016 Terradatum and its suppliers and licensors (http://www.terradatum.com/metrics/licensors).
© 2016 - 2017 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

3. Average $/SQFT (FS, Sold)
2 Years (Monthly) 04/01/14 - 04/30/16
Market Dynamics Referred Realty Group
#
FOR SALE
SQFTPeriod
$/Avg
SQFT
Time
Avg $
UNDER CONTRACT
# Avg $
Avg
SQFT
$/
SQFT
SOLD EXPIRED NEW LISTINGS
# # #Avg $ Avg $ Avg $
Avg
SQFT
$/
SQFT
Avg
SQFT
$/
SQFT
Avg
SQFT
$/
SQFT
198Apr-16 1,306 3,668725,541 271 489,474 3,101 158 128 154 426419,669 717,292 576,7762,863 147 3,749 191 3,287 175
198Mar-16 1,194 3,679728,723 183 438,384 2,887 152 174 131 358414,500 671,921 582,1002,847 146 3,630 185 3,345 174
200Feb-16 1,154 3,656731,460 177 493,315 2,934 168 111 141 339404,762 674,353 615,1322,763 146 3,572 190 3,411 181
200Jan-16 1,123 3,624723,897 121 461,870 2,914 158 104 187 274478,814 649,602 589,1692,984 160 3,503 185 3,302 178
200Dec-15 1,177 3,629724,310 109 542,674 3,062 177 159 219 181505,979 647,753 605,8033,141 161 3,529 184 3,169 191
195Nov-15 1,236 3,606703,164 128 407,705 2,841 143 117 112 206398,091 661,266 503,3302,775 143 3,525 188 3,128 161
193Oct-15 1,373 3,573691,212 157 508,167 3,037 167 163 186 327462,944 558,209 504,3323,020 153 3,312 169 3,135 161
198Sep-15 1,392 3,624717,314 167 434,757 2,871 151 171 179 323442,019 792,064 607,2942,967 149 3,825 207 3,360 181
195Aug-15 1,372 3,600701,469 148 456,776 2,969 154 241 155 306435,178 596,568 542,6032,869 152 3,492 171 3,152 172
191Jul-15 1,414 3,569682,861 236 441,114 2,918 151 241 112 413518,493 581,098 490,6653,252 159 3,414 170 3,093 159
198Jun-15 1,374 3,642720,270 222 517,558 3,101 167 291 151 423554,075 740,608 585,0163,248 171 3,620 205 3,299 177
196May-15 1,294 3,633711,235 243 492,797 3,052 161 233 100 402478,273 584,001 530,8853,107 154 3,516 166 3,187 167
198Apr-15 1,253 3,691729,960 257 544,376 3,228 169 207 104 451467,674 652,049 630,3453,000 156 3,609 181 3,418 184
198Mar-15 1,141 3,689731,669 258 550,013 3,153 174 210 81 392405,888 772,544 628,1532,832 143 3,848 201 3,413 184
198Feb-15 1,026 3,660726,190 203 453,817 2,935 155 133 74 299437,539 869,575 564,1103,009 145 3,898 223 3,287 172
198Jan-15 986 3,654724,777 154 453,844 3,015 151 127 105 308526,636 650,816 572,2843,167 166 3,488 187 3,295 174
197Dec-14 946 3,640717,939 149 526,937 3,138 168 214 119 175442,647 523,446 600,4992,947 150 3,261 161 3,310 181
193Nov-14 998 3,592693,666 145 452,211 2,928 154 127 82 217510,416 641,764 543,3183,175 161 3,612 178 3,136 173
189Oct-14 1,045 3,549669,643 180 445,566 2,914 153 165 84 248404,115 538,062 503,1702,815 144 3,331 162 3,097 162
189Sep-14 1,039 3,546668,039 140 452,221 2,891 156 187 102 257410,118 546,968 489,0602,878 143 3,321 165 3,058 160
187Aug-14 1,099 3,532661,730 221 438,692 2,918 150 229 96 313444,543 644,643 472,0102,955 150 3,519 183 3,046 155
188Jul-14 1,067 3,509659,278 202 408,753 2,801 146 303 79 376413,571 523,798 473,7432,884 144 3,182 165 3,042 156
189Jun-14 1,042 3,536667,400 275 450,989 2,980 151 270 76 371454,579 606,394 499,7363,021 150 3,480 174 3,132 160
191May-14 987 3,538674,358 261 444,352 2,921 152 273 55 408464,795 719,752 548,2893,028 153 3,745 192 3,199 171
191Apr-14 899 3,572680,621 279 485,018 3,071 158 229 41 386439,920 845,579 520,6022,991 147 4,105 206 3,200 163
© 2016 - 2017 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 05/02/162 ofBrokerMetrics®
Information not guaranteed. © 2006 - 2016 Terradatum and its suppliers and licensors (http://www.terradatum.com/metrics/licensors).

4. Market Dynamics
Supply & Demand - # Units (FS, UC, Sold)
2 Years (Monthly) 04/01/14 - 04/30/16
Referred Realty Group
Price:
1.45
All
All All
-1.16
342.14
Property Types:
HAR
Under Contract
-4.43
For Sale
MLS: All
-2.63
Bathrooms:
-1.80
14.26
Sold
All
-27.81-63.13
Construction Type:
Total Change
Sq Ft:
Monthly Change
2 Years (Monthly)
Sublocations:
All
34.69
Lot Size:Period:
-43.30
Monthly %
Bedrooms:
KEY INFORMATION
Total % Change
-106.25
Single-Family: (Free Standing, Manufactured, Patio Home, Duplex, Historic)
107
Information not guaranteed. © 2006 - 2016 Terradatum and its suppliers and licensors (http://www.terradatum.com/metrics/licensors).
© 2016 - 2017 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 05/02/16

5. Supply & Demand - # Units (FS, UC, Sold)
2 Years (Monthly) 04/01/14 - 04/30/16
Market Dynamics Referred Realty Group
# Properties # PropertiesAverage DOM# Properties
SOLD
# Properties
FOR SALE
Average DOM Average DOM
UNDER CONTRACT
Average DOM
NEW LISTINGS
# Properties
EXPIRED
Time Period
91 426Apr-16 11454 15456 1282711,306
100 358Mar-16 13063 13150 1741831,194
106 339Feb-16 11261 14165 1111771,154
117 274Jan-16 11863 18765 1041211,123
125 181Dec-15 11855 21972 1591091,177
112 206Nov-15 9657 11255 1171281,236
105 327Oct-15 11562 18661 1631571,373
105 323Sep-15 12143 17953 1711671,392
101 306Aug-15 11541 15541 2411481,372
90 413Jul-15 9246 11240 2412361,414
90 423Jun-15 10643 15147 2912221,374
89 402May-15 9243 10041 2332431,294
87 451Apr-15 10645 10441 2072571,253
95 392Mar-15 11650 8150 2102581,141
101 299Feb-15 10264 7449 1332031,026
108 308Jan-15 11055 10558 127154986
119 175Dec-14 10055 11968 214149946
107 217Nov-14 9646 8249 127145998
98 248Oct-14 9442 8445 1651801,045
91 257Sep-14 9736 10243 1871401,039
82 313Aug-14 8535 9639 2292211,099
74 376Jul-14 6628 7934 3032021,067
71 371Jun-14 9427 7632 2702751,042
68 408May-14 10132 5525 273261987
69 386Apr-14 11534 4130 229279899
05/02/162
Information not guaranteed. © 2006 - 2016 Terradatum and its suppliers and licensors (http://www.terradatum.com/metrics/licensors).
2 ofBrokerMetrics®
© 2016 - 2017 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

6. Market Dynamics
Supply & Demand - # Units (FS, UC, Sold)
Apr-15 through Apr-16
Referred Realty Group
Price:
1,306.0
All
All All
271.0
53.0
Property Types:
HAR
Under Contract
207.0
For Sale
MLS: All
257.0
Bathrooms:
128.0
1,253.0
Sold
All
5.414.0
Construction Type:
# Units Change
Sq Ft:
Apr-15
2 Years (Monthly)
Sublocations:
All
4.2
Lot Size:Period:
-38.2
Apr-16
Bedrooms:
KEY INFORMATION
Percent Change
-79.0
Single-Family: (Free Standing, Manufactured, Patio Home, Duplex, Historic)
107
Information not guaranteed. © 2006 - 2016 Terradatum and its suppliers and licensors (http://www.terradatum.com/metrics/licensors).
© 2016 - 2017 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 05/02/16

7. Supply & Demand - # Units (FS, UC, Sold)
Apr-15 through Apr-16
Market Dynamics Referred Realty Group
# Properties # PropertiesAverage DOM# Properties
SOLD
# Properties
FOR SALE
Average DOM Average DOM
UNDER CONTRACT
Average DOM
NEW LISTINGS
# Properties
EXPIRED
Time Period
91 426Apr-16 11454 15456 1282711,306
100 358Mar-16 13063 13150 1741831,194
106 339Feb-16 11261 14165 1111771,154
117 274Jan-16 11863 18765 1041211,123
125 181Dec-15 11855 21972 1591091,177
112 206Nov-15 9657 11255 1171281,236
105 327Oct-15 11562 18661 1631571,373
105 323Sep-15 12143 17953 1711671,392
101 306Aug-15 11541 15541 2411481,372
90 413Jul-15 9246 11240 2412361,414
90 423Jun-15 10643 15147 2912221,374
89 402May-15 9243 10041 2332431,294
87 451Apr-15 10645 10441 2072571,253
05/02/162
Information not guaranteed. © 2006 - 2016 Terradatum and its suppliers and licensors (http://www.terradatum.com/metrics/licensors).
2 ofBrokerMetrics®
© 2016 - 2017 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

8. Months Supply of Inventory (UC Calculation)
Market Dynamics
Apr-14 through Apr-16
Referred Realty Group
Sublocations:
96.54
Price:HAR Bedrooms:Period:
Monthly %
MSI-UC
2 Years (Monthly)
107
4.02
Single-Family: (Free Standing, Manufactured, Patio Home, Duplex, Historic)
Total % Change
Property Types:
KEY INFORMATION
All
All Lot Size:All
3.06
Monthly Change
0.13
Total Change
Sq Ft:
AllAll Bathrooms:MLS: AllConstruction Type:
Information not guaranteed. © 2006 - 2016 Terradatum and its suppliers and licensors (http://www.terradatum.com/metrics/licensors).
BrokerMetrics® 1 of 2
© 2016 - 2017 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
05/02/16

9. Referred Realty GroupMarket Dynamics
Months Supply of Inventory (UC Calculation)
Apr-14 through Apr-16
Period NAR MSI # SoldMSI
# For Sale Last
Day of Month
# Under
Contract
Time
6.9Apr-16 271 1288813.3
5.1Mar-16 183 1748804.8
7.5Feb-16 177 1118364.7
7.8Jan-16 121 1048156.7
5.3Dec-15 109 1598497.8
8.5Nov-15 128 1179967.8
6.3Oct-15 157 1631,0306.6
6.1Sep-15 167 1711,0466.3
4.4Aug-15 148 2411,0697.2
4.4Jul-15 236 2411,0664.5
3.4Jun-15 222 2911,0014.5
4.1May-15 243 2339513.9
4.3Apr-15 257 2078923.5
3.8Mar-15 258 2108023.1
5.6Feb-15 203 1337493.7
5.7Jan-15 154 1277274.7
3.2Dec-14 149 2146784.6
6.1Nov-14 145 1277715.3
4.7Oct-14 180 1657814.3
4.3Sep-14 140 1877975.7
3.4Aug-14 221 2297823.5
2.6Jul-14 202 3037863.9
2.6Jun-14 275 2706912.5
2.5May-14 261 2736712.6
2.5Apr-14 279 2295792.1
2
© 2016 - 2017 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
05/02/16
Information not guaranteed. © 2006 - 2016 Terradatum and its suppliers and licensors (http://www.terradatum.com/metrics/licensors).
BrokerMetrics® 2 of