The document provides market data and statistics on housing in the Houston area from May 2015 to May 2017. It includes information on average home prices, number of homes listed and sold, average days on market, and months of supply. Overall, the data shows that during this period: - Average home prices decreased slightly while inventory levels fluctuated up and down. - The number of homes listed and sold each month varied between around 1,000 to 1,300. - Average days on market ranged from 80 to 150 days depending on the month. - The months of supply of inventory remained around 4-6 months.

1. May 2017
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) 05/01/15 - 05/31/17
Referred Realty Group
Price:
-0.23
All
All All
-0.41
-11.11
Property Types:
HAR
Sold $/SQFT
For Sale $/SQFT
MLS: All
-0.64
Bathrooms:
-0.46
All
-9.76-15.35
Construction Type:
Total Change
Sq Ft:
Monthly Change
2 Years (Monthly)
Sublocations:
All
-5.60
Lot Size:Period:
Monthly %
Bedrooms:
KEY INFORMATION
Total % Change
Single-Family: (Residential)
THEWOO
06/09/17BrokerMetrics®
Information not guaranteed. © 2006 - 2017 Terradatum and its suppliers and licensors (http://www.terradatum.com/metrics/licensors).
© 2017 - 2018 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) 05/01/15 - 05/31/17
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
186May-17 1,574 3,548660,657 263 465,638 3,039 154 266 204 479420,931 705,044 590,8102,916 144 3,642 194 3,341 177
184Apr-17 1,499 3,486639,559 251 438,962 2,876 153 157 153 463387,536 598,968 511,9042,801 139 3,386 177 3,144 163
187Mar-17 1,393 3,552664,508 206 461,177 3,022 153 175 151 543486,553 721,661 568,2873,160 154 3,679 196 3,351 170
190Feb-17 1,116 3,578680,612 163 499,927 3,116 160 137 103 330423,640 592,183 517,4662,921 145 3,466 171 3,195 162
192Jan-17 1,064 3,576686,500 148 448,005 2,954 152 93 130 262455,154 579,479 596,8363,061 149 3,293 176 3,273 182
192Dec-16 1,053 3,596688,216 118 451,886 2,958 153 153 133 173410,923 731,602 594,7552,951 139 3,692 198 3,387 176
188Nov-16 1,138 3,544664,247 118 405,203 2,882 141 151 140 234431,506 616,430 459,4022,987 144 3,515 175 2,992 154
193Oct-16 1,196 3,617697,868 143 443,384 2,958 150 133 149 255416,815 824,389 557,1262,906 143 3,825 217 3,225 173
190Sep-16 1,251 3,595683,531 149 444,300 2,925 152 160 161 280411,262 598,222 506,8312,917 141 3,472 173 3,157 161
192Aug-16 1,311 3,592689,931 164 483,146 3,026 160 232 176 345454,232 636,812 546,1963,027 150 3,404 187 3,161 173
190Jul-16 1,348 3,602682,936 205 455,042 3,043 150 209 177 368435,491 628,540 537,3682,968 147 3,469 181 3,208 168
190Jun-16 1,349 3,623687,351 200 437,526 2,911 150 234 169 394443,436 691,627 598,9893,036 146 3,732 185 3,357 178
190May-16 1,315 3,651694,378 203 475,747 3,062 155 226 157 385486,426 798,061 522,9243,159 154 3,910 204 3,255 161
193Apr-16 1,328 3,664705,899 257 475,443 3,055 156 148 141 426428,549 733,790 560,3032,899 148 3,784 194 3,284 171
194Mar-16 1,203 3,683716,082 177 448,067 2,906 154 174 124 361414,500 672,531 572,1432,847 146 3,624 186 3,355 171
198Feb-16 1,145 3,658722,654 175 491,975 2,921 168 113 128 340402,068 675,318 603,1402,753 146 3,576 190 3,413 177
198Jan-16 1,097 3,627718,609 124 453,836 2,890 157 104 168 273478,814 652,778 583,0692,984 160 3,526 185 3,303 177
200Dec-15 1,098 3,662731,724 109 540,803 3,057 177 159 165 181505,979 699,087 598,9763,141 161 3,698 189 3,176 189
196Nov-15 1,153 3,639712,159 128 409,501 2,853 144 117 108 207398,091 682,268 499,3202,775 143 3,571 191 3,127 160
195Oct-15 1,281 3,613703,176 157 507,791 3,037 167 163 178 326462,944 580,251 503,4833,020 153 3,382 172 3,140 160
199Sep-15 1,308 3,653725,678 166 435,810 2,874 152 171 187 322442,019 749,781 606,9492,967 149 3,726 201 3,362 181
195Aug-15 1,300 3,617706,567 148 455,816 2,960 154 241 166 306435,178 586,308 540,5062,869 152 3,421 171 3,152 171
191Jul-15 1,360 3,570683,474 235 442,234 2,924 151 241 131 413518,493 553,116 490,1513,252 159 3,290 168 3,093 158
199Jun-15 1,313 3,658726,618 222 517,754 3,100 167 291 144 422554,075 777,885 585,8463,248 171 3,732 208 3,302 177
197May-15 1,245 3,647717,215 244 493,646 3,055 162 233 110 402478,273 596,918 530,8853,107 154 3,503 170 3,187 167
© 2017 - 2018 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 06/09/172 ofBrokerMetrics®
Information not guaranteed. © 2006 - 2017 Terradatum and its suppliers and licensors (http://www.terradatum.com/metrics/licensors).

4. Market Dynamics
Supply & Demand - # Units (FS, UC, Sold)
2 Years (Monthly) 05/01/15 - 05/31/17
Referred Realty Group
Price:
0.18
All
All All
0.06
53.42
Property Types:
HAR
Under Contract
-1.98
For Sale
MLS: All
0.10
Bathrooms:
-0.97
2.23
Sold
All
1.412.50
Construction Type:
Total Change
Sq Ft:
Monthly Change
2 Years (Monthly)
Sublocations:
All
4.34
Lot Size:Period:
-23.38
Monthly %
Bedrooms:
KEY INFORMATION
Total % Change
-47.48
Single-Family: (Residential)
THEWOO
Information not guaranteed. © 2006 - 2017 Terradatum and its suppliers and licensors (http://www.terradatum.com/metrics/licensors).
© 2017 - 2018 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 06/09/17

5. Supply & Demand - # Units (FS, UC, Sold)
2 Years (Monthly) 05/01/15 - 05/31/17
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
75 479May-17 9744 20448 2662631,574
74 463Apr-17 9657 15345 1572511,499
79 543Mar-17 13369 15147 1752061,393
93 330Feb-17 12180 10368 1371631,116
108 262Jan-17 14472 13090 931481,064
109 173Dec-16 12278 13369 1531181,053
100 234Nov-16 12358 14070 1511181,138
97 255Oct-16 13467 14960 1331431,196
94 280Sep-16 11750 16166 1601491,251
88 345Aug-16 10251 17653 2321641,311
86 368Jul-16 10145 17752 2092051,348
84 394Jun-16 10255 16951 2342001,349
86 385May-16 12253 15750 2262031,315
87 426Apr-16 11561 14157 1482571,328
95 361Mar-16 13363 12449 1741771,203
99 340Feb-16 11462 12863 1131751,145
109 273Jan-16 12466 16867 1041241,097
114 181Dec-15 13455 16571 1591091,098
100 207Nov-15 9757 10856 1171281,153
94 326Oct-15 12062 17861 1631571,281
93 322Sep-15 11543 18753 1711661,308
90 306Aug-15 10941 16641 2411481,300
79 413Jul-15 9146 13140 2412351,360
79 422Jun-15 10643 14447 2912221,313
77 402May-15 8544 11041 2332441,245
06/09/172
Information not guaranteed. © 2006 - 2017 Terradatum and its suppliers and licensors (http://www.terradatum.com/metrics/licensors).
2 ofBrokerMetrics®
© 2017 - 2018 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)
May-16 through May-17
Referred Realty Group
Price:
1,574.0
All
All All
263.0
259.0
Property Types:
HAR
Under Contract
226.0
For Sale
MLS: All
203.0
Bathrooms:
266.0
1,315.0
Sold
All
29.660.0
Construction Type:
# Units Change
Sq Ft:
May-16
2 Years (Monthly)
Sublocations:
All
19.7
Lot Size:Period:
17.7
May-17
Bedrooms:
KEY INFORMATION
Percent Change
40.0
Single-Family: (Residential)
THEWOO
Information not guaranteed. © 2006 - 2017 Terradatum and its suppliers and licensors (http://www.terradatum.com/metrics/licensors).
© 2017 - 2018 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 06/09/17

7. Supply & Demand - # Units (FS, UC, Sold)
May-16 through May-17
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
75 479May-17 9744 20448 2662631,574
74 463Apr-17 9657 15345 1572511,499
79 543Mar-17 13369 15147 1752061,393
93 330Feb-17 12180 10368 1371631,116
108 262Jan-17 14472 13090 931481,064
109 173Dec-16 12278 13369 1531181,053
100 234Nov-16 12358 14070 1511181,138
97 255Oct-16 13467 14960 1331431,196
94 280Sep-16 11750 16166 1601491,251
88 345Aug-16 10251 17653 2321641,311
86 368Jul-16 10145 17752 2092051,348
84 394Jun-16 10255 16951 2342001,349
86 385May-16 12253 15750 2262031,315
06/09/172
Information not guaranteed. © 2006 - 2017 Terradatum and its suppliers and licensors (http://www.terradatum.com/metrics/licensors).
2 ofBrokerMetrics®
© 2017 - 2018 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
May-15 through May-17
Referred Realty Group
Sublocations:
1.21
Price:HAR Bedrooms:Period:
Monthly %
MSI-UC
2 Years (Monthly)
THEWOO
0.05
Single-Family: (Residential)
Total % Change
Property Types:
KEY INFORMATION
All
All Lot Size:All
0.07
Monthly Change
0.00
Total Change
Sq Ft:
AllAll Bathrooms:MLS: AllConstruction Type:
Information not guaranteed. © 2006 - 2017 Terradatum and its suppliers and licensors (http://www.terradatum.com/metrics/licensors).
BrokerMetrics® 1 of 2
© 2017 - 2018 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
06/09/17

9. Referred Realty GroupMarket Dynamics
Months Supply of Inventory (UC Calculation)
May-15 through May-17
Period NAR MSI # SoldMSI
# For Sale Last
Day of Month
# Under
Contract
Time
4.2May-17 263 2661,1074.2
7.0Apr-17 251 1571,0954.4
5.9Mar-17 206 1751,0365.0
6.2Feb-17 163 1378505.2
8.5Jan-17 148 937865.3
5.2Dec-16 118 1538026.8
5.8Nov-16 118 1518807.5
6.8Oct-16 143 1339046.3
5.9Sep-16 149 1609416.3
4.2Aug-16 164 2329715.9
4.6Jul-16 205 2099664.7
4.2Jun-16 200 2349804.9
4.2May-16 203 2269554.7
6.3Apr-16 257 1489303.6
5.2Mar-16 177 1749025.1
7.5Feb-16 175 1138424.8
7.7Jan-16 124 1048056.5
5.2Dec-15 109 1598247.6
7.8Nov-15 128 1179177.2
5.8Oct-15 157 1639466.0
5.6Sep-15 166 1719555.8
4.1Aug-15 148 2419866.7
4.1Jul-15 235 2419944.2
3.3Jun-15 222 2919474.3
3.8May-15 244 2338913.7
2
© 2017 - 2018 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
06/09/17
Information not guaranteed. © 2006 - 2017 Terradatum and its suppliers and licensors (http://www.terradatum.com/metrics/licensors).
BrokerMetrics® 2 of

10. May 2017 Snapshot by Price Range
Price Range
Days on
Market
Months
Supply of
Inventory*
Under
Contract
SOLD Number Active
100-199k 30 1.2 25 24 31
200-299k 35 2.2 67 78 146
300-399k 40 4.6 46 54 210
400-499k 65 3.6 44 40 157
500-599k 49 5.3 21 27 111
600-699k 68 5.1 18 12 92
700-799k 52 7.0 10 12 70
800-899k 10 31.0 2 3 62
900-999k 100 6.8 5 1 34
1.0m - 17m 50 9.8 14 12 135
*Economists consider a balanced market (buyer vs. seller activity) to be 6 mo.
Questions about the market? Call on us!
Look us up on Facebook!