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Houston Association of Realtors - Housing Update

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August 15, 2011
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Report Date: August 15, 2011 For the period: August 14, 2010 - August 13, 2011 Disclaimer Notice: This information is presented in good faith, but no warranty is given by and HRIS assumes no liability for advice or recommendations made concerning results to be obtained from the use of any product or service. The results given are estimates based on calculations produced by a computer model including various assumptions. The results depend on input data and estimates as to unknown data and can be no more accurate than the model, the assumptions and such input data. The information presented is HRIS's best estimate of the actual results and should be used for comparison purposes rather than absolute values.
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Page 1: Houston Association of Realtors - Housing Update

Report Date: August 15, 2011For the period: August 14, 2010 - August 13, 2011

Disclaimer Notice:This information is presented in good faith, but no warranty is given by and HRIS assumes no liability for advice or recommendationsmade concerning results to be obtained from the use of any product or service. The results given are estimates based on calculationsproduced by a computer model including various assumptions. The results depend on input data and estimates as to unknown data

and can be no more accurate than the model, the assumptions and such input data. The information presented is HRIS's bestestimate of the actual results and should be used for comparison purposes rather than absolute values.

Page 2: Houston Association of Realtors - Housing Update

Single Family Homes - New and Existing PropertiesIn-Depth Market Metrics AnalysisReport Date: August 15, 2011For the period: August 14, 2010 - August 13, 2011

Months of Inventory

This is the time it would takefor the active listings to sell atthe current rate of sales.Large values indicate a slowmarket. Smaller valuesindicate an active market.Lower values indicate aseller's market. Higher valuesindicate a buyer's market.

Annualized Sales

For each week, this graphshows the number of closedsales that were reported in theprior twelve months. Thetwelve-month aggregationsmooths out brief fluctuationsso that longer trends areevident.

Active Listings

The graph shows number ofactive listings in the MLS.

Median Price

For each week, this graphdepicts the median sales pricefor properties sold in theprevious thirty days. Half theproperties sold at or below themedian price; the other halfsold at or above the median.

August 15, 2011 Copyright 2009 Houston Realtors Information Service, Inc. Page 2 of 10

Page 3: Houston Association of Realtors - Housing Update

Single Family Homes - ResaleIn-Depth Market Metrics AnalysisReport Date: August 15, 2011For the period: August 14, 2010 - August 13, 2011

Months of Inventory

This is the time it would takefor the active listings to sell atthe current rate of sales.Large values indicate a slowmarket. Smaller valuesindicate an active market.Lower values indicate aseller's market. Higher valuesindicate a buyer's market.

Annualized Sales

For each week, this graphshows the number of closedsales that were reported in theprior twelve months. Thetwelve-month aggregationsmooths out brief fluctuationsso that longer trends areevident.

Active Listings

The graph shows number ofactive listings in the MLS.

Median Price

For each week, this graphdepicts the median sales pricefor properties sold in theprevious thirty days. Half theproperties sold at or below themedian price; the other halfsold at or above the median.

August 15, 2011 Copyright 2009 Houston Realtors Information Service, Inc. Page 3 of 10

Page 4: Houston Association of Realtors - Housing Update

Single Family Homes - New ConstructionIn-Depth Market Metrics AnalysisReport Date: August 15, 2011For the period: August 14, 2010 - August 13, 2011

Months of Inventory

This is the time it would takefor the active listings to sell atthe current rate of sales.Large values indicate a slowmarket. Smaller valuesindicate an active market.Lower values indicate aseller's market. Higher valuesindicate a buyer's market.

Annualized Sales

For each week, this graphshows the number of closedsales that were reported in theprior twelve months. Thetwelve-month aggregationsmooths out brief fluctuationsso that longer trends areevident.

Active Listings

The graph shows number ofactive listings in the MLS.

Median Price

For each week, this graphdepicts the median sales pricefor properties sold in theprevious thirty days. Half theproperties sold at or below themedian price; the other halfsold at or above the median.

August 15, 2011 Copyright 2009 Houston Realtors Information Service, Inc. Page 4 of 10

Page 5: Houston Association of Realtors - Housing Update

Townhouse / Condo - New and Existing PropertiesIn-Depth Market Metrics AnalysisReport Date: August 15, 2011For the period: August 14, 2010 - August 13, 2011

Months of Inventory

This is the time it would takefor the active listings to sell atthe current rate of sales.Large values indicate a slowmarket. Smaller valuesindicate an active market. Aninventory of 9 - 10 monthsindicates market equilibrium.Lower values indicate aseller's market. Higher valuesindicate a buyer's market.

Annualized Sales

For each week, this graphshows the number of closedsales that were reported in theprior twelve months. Thetwelve-month aggregationsmooths out brief fluctuationsso that longer trends areevident.

Active Listings

The graph shows number ofactive listings in the MLS.

Median Price

For each week, this graphdepicts the median sales pricefor properties sold in theprevious thirty days. Half theproperties sold at or below themedian price; the other halfsold at or above the median.

August 15, 2011 Copyright 2009 Houston Realtors Information Service, Inc. Page 5 of 10

Page 6: Houston Association of Realtors - Housing Update

Townhouse / Condo - ResaleIn-Depth Market Metrics AnalysisReport Date: August 15, 2011For the period: August 14, 2010 - August 13, 2011

Months of Inventory

This is the time it would takefor the active listings to sell atthe current rate of sales.Large values indicate a slowmarket. Smaller valuesindicate an active market. Aninventory of 9 - 10 monthsindicates market equilibrium.Lower values indicate aseller's market. Higher valuesindicate a buyer's market.

Annualized Sales

For each week, this graphshows the number of closedsales that were reported in theprior twelve months. Thetwelve-month aggregationsmooths out brief fluctuationsso that longer trends areevident.

Active Listings

The graph shows number ofactive listings in the MLS.

Median Price

For each week, this graphdepicts the median sales pricefor properties sold in theprevious thirty days. Half theproperties sold at or below themedian price; the other halfsold at or above the median.

August 15, 2011 Copyright 2009 Houston Realtors Information Service, Inc. Page 6 of 10

Page 7: Houston Association of Realtors - Housing Update

Townhouse / Condo - New ConstructionIn-Depth Market Metrics AnalysisReport Date: August 15, 2011For the period: August 14, 2010 - August 13, 2011

Months of Inventory

This is the time it would takefor the active listings to sell atthe current rate of sales.Large values indicate a slowmarket. Smaller valuesindicate an active market. Aninventory of 9 - 10 monthsindicates market equilibrium.Lower values indicate aseller's market. Higher valuesindicate a buyer's market.

Annualized Sales

For each week, this graphshows the number of closedsales that were reported in theprior twelve months. Thetwelve-month aggregationsmooths out brief fluctuationsso that longer trends areevident.

Active Listings

The graph shows number ofactive listings in the MLS.

Median Price

For each week, this graphdepicts the median sales pricefor properties sold in theprevious thirty days. Half theproperties sold at or below themedian price; the other halfsold at or above the median.

August 15, 2011 Copyright 2009 Houston Realtors Information Service, Inc. Page 7 of 10

Page 8: Houston Association of Realtors - Housing Update

Highrise - New and Existing PropertiesIn-Depth Market Metrics AnalysisReport Date: August 15, 2011For the period: August 14, 2010 - August 13, 2011

Months of Inventory

This is the time it would takefor the active listings to sell atthe current rate of sales.Large values indicate a slowmarket. Smaller valuesindicate an active market.Lower values indicate aseller's market. Higher valuesindicate a buyer's market.

Annualized Sales

For each week, this graphshows the number of closedsales that were reported in theprior twelve months. Thetwelve-month aggregationsmooths out brief fluctuationsso that longer trends areevident.

Active Listings

The graph shows number ofactive listings in the MLS.

Median Price

For each week, this graphdepicts the median sales pricefor properties sold in theprevious thirty days. Half theproperties sold at or below themedian price; the other halfsold at or above the median.

August 15, 2011 Copyright 2009 Houston Realtors Information Service, Inc. Page 8 of 10

Page 9: Houston Association of Realtors - Housing Update

Highrise - ResaleIn-Depth Market Metrics AnalysisReport Date: August 15, 2011For the period: August 14, 2010 - August 13, 2011

Months of Inventory

This is the time it would takefor the active listings to sell atthe current rate of sales.Large values indicate a slowmarket. Smaller valuesindicate an active market.Lower values indicate aseller's market. Higher valuesindicate a buyer's market.

Annualized Sales

For each week, this graphshows the number of closedsales that were reported in theprior twelve months. Thetwelve-month aggregationsmooths out brief fluctuationsso that longer trends areevident.

Active Listings

The graph shows number ofactive listings in the MLS.

Median Price

For each week, this graphdepicts the median sales pricefor properties sold in theprevious thirty days. Half theproperties sold at or below themedian price; the other halfsold at or above the median.

August 15, 2011 Copyright 2009 Houston Realtors Information Service, Inc. Page 9 of 10

Page 10: Houston Association of Realtors - Housing Update

Highrise - New ConstructionIn-Depth Market Metrics AnalysisReport Date: August 15, 2011For the period: August 14, 2010 - August 13, 2011

Months of Inventory

This is the time it would takefor the active listings to sell atthe current rate of sales.Large values indicate a slowmarket. Smaller valuesindicate an active market.Lower values indicate aseller's market. Higher valuesindicate a buyer's market.

Annualized Sales

For each week, this graphshows the number of closedsales that were reported in theprior twelve months. Thetwelve-month aggregationsmooths out brief fluctuationsso that longer trends areevident.

Active Listings

The graph shows number ofactive listings in the MLS.

Median Price

For each week, this graphdepicts the median sales pricefor properties sold in theprevious thirty days. Half theproperties sold at or below themedian price; the other halfsold at or above the median.

August 15, 2011 Copyright 2009 Houston Realtors Information Service, Inc. Page 10 of 10


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