Home Sales and Marketing Statistics

Proctor Plaza Real Estate - by Rayma Stassen

Welcome to the Proctor Plaza Real Estate page. I have put together the following information for both current residents and potential new residents to the area. I am a resident of Proctor Plaza and represent Keller Williams Realty specializing in Heights area homes. Please feel free to contact me for a market analysis of your home.

Phone: (713) 857-2538
Email: rayma@pdq.net

PPNA Real Estate Market

Note: The following PPNA statistics denote single-family properties in the Houston Association of Realtors Multiple Listing Service database – it does not include properties that were sold by owners.

Year to Date Market Comparison	Jan. – Aug 31 2005	Jan. – Aug 31 2006	% Change
Total property sales	43	61	+41.9%
Total dollar volume	$8,908,200	$13,838,800	+55.3%
Average sale price:	-	-	-
2 - 3 bedrooms / 1 - 1 ½ bathrooms	$190,994	$213,054	+11.6%
2 - 3 bedrooms / 2+ bathrooms	$239,150	$252,619	+5.6%
Average dollar per square foot:	-	-	-
2 - 3 bedrooms / 1 – 1 ½ bathrooms	$159.83	$182.25	+14.0%
2 - 3 bedrooms / 2+ bathrooms	$174.82	$171.85	-1.7%
Average # of days on market	79	55	-30.4%

Last Year’s Market Comparison	Jan. - Dec. 2004	Jan. - Dec 2005	% Change
Total property sales	52	67	+28.8%
Total dollar volume	$10,839,300	$14,062,200	+29.7%
Average sale price:	-	-	-
2 - 3 bedrooms / 1 - 1 ½ bathrooms	$186,686	$195,823	+4.9%
2 - 3 bedrooms / 2+ bathrooms	$245,176	$239,468	-2.3%
Average dollar per square foot	-	-	-
2 - 3 bedrooms / 1 – 1 ½ bathrooms	$156.75	$165.67	+5.7%
2 - 3 bedrooms / 2+ bathrooms	$155.77	$177.65	+14.0%
Average # of days on market	66	72	+9.0%

Current PPNA Listings & Months of Inventory (as of 8/31/2006):

Active Listings	21
Pending Sale	7
Months of Inventory*	3.9

Houston Real Estate Market

Note: The following Houston market statistics were taken from the Houston Realtor August 2005 magazine.

Aug. Market Comparison	July 2005	July 2006	% Change
Total property sales	7,719	7,975	+3.3%
Total dollar volume	$1,417,865,846	$1,563,464,363	+10.3%
Active listings	45,361	45,613	+.6%
Pending sales	5,005	5,108	+2.1%
Months of inventory*	6.1	5.6	-9.0%
Single Family Median price	$145,000	$155,890	+7.5%

Houston Real Estate Milestones in July

Houston’s overall housing market in July saw increases in most categories.

The month’s of inventory decreased from last year’s inventory figures which shows the continued strength of the Houston market.

Houston’s’ current median price is an all-time record for the Houston market and is 32.7% less tan the national median price.

* Months inventory estimates the number of months it will take to deplete current active inventory based on the prior twelve months sales activity. This figure is representative of the single-family homes market.