AUS ARCHIVED April 2017 | Page 7

Market Action Report
April 2017
Travis
County: Travis
Agent Name
Title
Phone
Website
Other
Community Information | School District
Price Range: All | Properties: SFH - Con
Days On Market for Sold Properties
Market Time
The average Days On Market (DOM) shows how many days the
average Property is on the market before it sells. An upward
trend in DOM tends to indicate a move towards more of a
Buyer's market, a downward trend a move towards more of a
Seller's market. The DOM for April was 43, down 24.6% from 57
days last month and down 2.3% from 44 days in April of last
year. The April 2017 DOM was at a mid level compared with
April of 2016 and 2015.
3 Mo Avg
70
60
50
44
42
43
40
30
20
10
0
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Selling Price per Square Foot
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
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
more normalized indicator on the direction of Property values.
The April 2017 Selling Price per Square Foot of $214 was up
0.9% from $212 last month and up 6.4% from 201 in April of last
year.
250
240
230
220
210
200
190
180
170
160
150
3 Mo Avg
214
201
194
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Selling Price versus Listing Price Ratio
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 97.8% was up from 97.0% last month and down from
98.1% in April of last year.
3 Mo Avg
Avg Selling Price divided by Avg Listing Price for sold properties during the month
100%
99%
98.1%
97.9%
98%
97.8%
97%
96%
95%
94%
93%
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5,000
4,500
4,000
3,500
3,000
2,500
2,000
1,500
1,000
500
0
Inventory / New Listings / Sales
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 2,452, down 2.0% from 2,502 last month and
up 8.7% from 2,255 in April of last year.
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Copyright © CB United, Realtors | Price Range: All | Property Types: SFH - Con
Data is provided courtesy of Fort Hood Area Association of REALTORS, Austin Board of REALTORS and may not reflect all relevant real estate activity. CB United, Realtors
does not warrant or guarantee the accuracy of this information. It is the responsibility of any buyer or seller to verify any and all information relevant to such consumer’s real estate transaction.
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