AUS ARCHIVED April 2017 | Page 20

Lampasas Community Information | School District

Lampasas Community Information | School District

Market Time
180
The average Days On Market ( DOM ) shows how many days the
average Property is on the market before it sells . An upward
160
trend in DOM tends to indicate a move towards more of a
140
Buyer ' s market , a downward trend a move towards more of a
Seller ' s market . The DOM for April was 56 , down 26.3 % from 76
120
days last month and down 43.4 % from 99 days in April of last
100
year . The April 2017 DOM was at its lowest level compared with
April of 2016 and 2015 .
80
60
Selling Price per Square Foot
The Selling Price per Square Foot is a great indicator for the
direction of Property values . Since Median Sales Price and
190
Average Sales price can be impacted by the ' mix ' of high or low
end Properties in the market , the selling price per square foot is a
170
more normalized indicator on the direction of Property values .
The April 2017 Selling Price per Square Foot of $ 97 was up 0.8 %
150
from $ 96 last month and down 13.2 % from 111 in April of last
130
year .
110
Selling Price vs Original Listings Price The Selling Price vs Original Listing Price reveals the average amount that Sellers are agreeing to come down from their original list price . The lower the ratio is below 100 % the more of a Buyer ' s market exists , a ratio at or above 100 % indicates more of a Seller ' s market . The April 2017 Selling Price vs Original List Price of 95.7 % was down from 96.1 % last month and up from 91.1 % in April of last year .
Inventory / New Listings / Sales This last view of the market combines monthly inventory of Properties for sale along with New Listings and Sales . The graph shows the basic annual seasonality of the market as well as the relationship between these items . The number of New Listings in April 2017 was 48 , up 54.8 % from 31 last month and up 33.3 % from 36 in April of last year .
40 20 0
90 70 50
100 % 98 % 96 % 94 % 92 % 90 % 88 % 86 % 84 % 82 % 80 %
180 160 140 120 100 80 60 40 20 0
Days On Market for Sold Properties
64
M
J
J
A
S O N D
J
F M A M J
J
A
S O N D
J
F M A M J
J
A
S O N D
J
F M A
14
15
16
17
Selling Price per Square Foot
69
M
J
J
A
S O N D
J
F M A M J
J
A
S O N D
J
F M A M J
J
A
S O N D
J
F M A
14
15
16
17
158
Selling Price versus Listing Price Ratio
97.4 %
M
J
J
A S O N D
J
F M A M J
J
A S O N D
J
F M A M J
J
A S O N D
J
F M A
14
15
16
17
164 166
158
146 131 126
Avg Selling Price divided by Avg Listing Price for sold properties during the month
113 122
134
Inventory / New Listings / Sales
121 118
130
114 127 124 120 115 121 113 110
99
111
91.1 %
112 112 105 97 98 112 112
97 87 89 90
3 Mo Avg
3 Mo Avg
3 Mo Avg
95 85 83
M
J
J
A
S O N D
J
F M A M J
J
A
S O N D
J
F M A M J
J
A
S O N D
J
F M A
14
15
16
17
56
97
95.7 %
89
20 | c o l d w e l l b a n k e r h o m e s . c o m