AUS ARCHIVED April 2018 | Page 10

Market Action Report
April 2018
Agent Name
April 2018
Title
Phone
Agent
Name
Website
Title Other
Phone
Trending versus*:
Website
Month
LM L3M PYM
LY
Other
$1,703,000
-5%
1%
Community
County: Travis Information | School District
Price Range: $1,000,000 and Up | Properties: SFH - Con
Days On Market for Sold Properties
Trending versus*:
Prior YTD Prior Year
YTD
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 106, down 5.4% from
112 days last month and up 7.1% from 99 days in April of last
year. The April 2018 DOM was at a mid level compared with
April of 2017 and 2016.
120
April Property sales were 94, up 62.1% from 58 in April of 2017
and 9.3% higher than the 86 sales last month. April 2018 sales
100
Property
Sales
were at their
highest level compared to April of 2017 and 2016. 120
April
Property
sales
were
94,
up
62.1%
from
58
in
April
of
2017
April YTD sales of 268 are running 30.1% ahead of last year's
80
and 9.3% higher than the 86 sales last month. April 2018 sales
100
year-to-date sales of 206.
were at their highest level compared to April of 2017 and 2016.
April YTD sales of 268 are running 30.1% ahead of last year's
80 60
year-to-date sales of 206.
120
80
Selling Price per Square Foot
Selling Price per Square Foot
3 Mo Avg
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 2018 Selling Price per Square Foot of $384 was down
6.5% from $410 last month and down 9.0% from 422 in April of
last year.
500
480
460
440
420
400
380
360
340
320
300
59
65
38
Selling Price versus Listing Price Ratio
Copyright © CB
United, Realtors | Price Range: $1,000,000 and Up | Property Types: SFH - Con
10
coldwellbankerluxury.com
Copyright | © CB United,
Realtors | Price Range: $1,000,000 and Up | Property Types: SFH - Con
94.7%
92.9%
94%
92%
90%
88%
86%
84%
82%
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
15
16
17
18
15.0
10.0
5.0
0.0
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
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
15
16
17
18
15
16
17
18
Data is provided courtesy of Austin Board of REALTORS, Central Texas MLS and may not reflect all relevant real estate activity. CB United, Realtors
Data is provided courtesy of Austin Board of REALTORS, Central Texas MLS and may not reflect all relevant real estate activity. CB United, Realtors
does
warrant
or guarantee
accuracy
of this
information.
It is responsibility
the responsibility
any or
buyer
or to seller
verify
and all information
to such consumer’s
estate transaction.
does
not not
warrant
or guarantee
the the
accuracy
of this
information.
It is the
of any of buyer
seller
verify to any
and any
all information
relevant relevant
to such consumer’s
real estate real
transaction.
300
15.0
400
500
600
700
20.0
20.0
800
25.0
900
25.0
Total Inventory & Month's Supply of Inventory (MSI)
Total Inventory & Month's Supply of Inventory (MSI)
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 2018 was 218, up 1.4% from 215 last month and
up 4.8% from 208 in April of last year.
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
16 A M J J A S O N D J F M 17 A M J J A S O N D J F M A 18
M J 15 J A S O N D J F M
15
16
17
18
900
800
700
600
500
400
300
200
100
0
95.1%
96%
80%
1,300 1,200
was Total
725, Inventory
up 9.7% from
661 last available
month and
from 770
The
of Properties
for down
sale as 5.8%
of April
in April
of 9.7%
last year.
2018
Inventory
was 5.8%
at a from
mid level
was
725, up
from April
661 last
month
and down
770 900
800
with
April
of 2017
2016. was at a mid level
in compared
April of last
year.
April
2018 and
Inventory
700
compared with April of 2017 and 2016.
600
500
A comparatively lower MSI is more beneficial for sellers while a 400
A higher
comparat ively
lower for
MSI buyers.
is more The
beneficial
for sellers
MSI is better
April 2018
MSI while
of 7.7 a 300
higher
MSI
is better
for buyers.
April 2018
of of
7.7 2017 and 200
months
was
at its lowest
level The
compared
with MSI
April
100
months
2016. was at its lowest level compared with April of 2017 and
0
2016.
3 Mo Avg
Avg Selling Price divided by Avg Listing Price for sold properties during the month
98%
1,400 1,300
Inventory & MSI
The Total Inventory
Inventory
& MSI of Properties available for sale as of April
384
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 2018 Selling Price vs Original
List Price of 92.9% was up from 92.3% last month and down
from 94.7% in April of last year.
1,500 1,400
1,200
422
400
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
15
16
17
18
0
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
Median
Sales
Price
and
Average
Sales
Price
Prices
3 Mo Avg
15
16
17
18
The Median Sales Price in April was $1,347,500, up 4.9% from
1,900
Median Sales Price and Average Sales Price
Prices
$1,284,000 in April of 2017 and down 2.5% from $1,381,854
3 Mo Avg
The
in April
was
$1,347,500,
up 4.9%
from
last Median
month. Sales
The Price
Average
Sales
Price
in April was
$1,529,249,
1,900 1,800
$1,284,000
in
April
of
2017
and
down
2.5%
from
$1,381,854
down 10.4% from $1,706,262 in April of 2017 and down 14.9%
last
month.
The Average
Sales Price
April ASP
was was
$1,529,249,
from
$1,796,147
last month.
April in 2018
at the lowest 1,800 1,700
down
from to
$1,706,262
in April
2017 and down 14.9%
level 10.4%
compared
April of 2017
and of 2016.
1,700 1,600
from $1,796,147 last month. April 2018 ASP was at the lowest
level compared to April of 2017 and 2016.
1,600 1,500
3 Mo Avg
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
15
16
17
18
40 20
0
52
60
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
15
16
17
18
60 40
20
106
99
100
0
3 Mo Avg
Number of Properties Sold
140
April Sale Price vs List Price Ratio
160
20
7.7 0% -12% -42% -27%
10.4 -15%
-1%
of 92.5%
Properties
92.9% .7% .4% -1.9% Number
1.2%
-0% Sold 1%
* LM=Last
Month / L3M=Last
3 Months / PYM=Same Month Prior Year / LY=Last Year (2017) / YTD = Year-to-date
Property
Sales
3 Mo Avg
40
* LM=Last Month / L3M=Last 3 Months / PYM=Same Month Prior Year / LY=Last Year (2017) / YTD = Year-to-date
April Month's Supply of Inventory
Title
Phone
Website
Other
Community Information | School District
Trending versus*:
$2,641,741 Trending
-2% versus*:
11%
Month
LM -2%
L3M -1%
PYM 5%
LY -1%
YTD
Prior YTD -4%
Prior Year 1%
$1,347,500
$1,366,960
$1,703,000 -5%
1%
$1,529,249 -15% -9% -10% -9% $1,675,986
-3%
0%
$2,641,741 -2%
11%
725 10%
-6%
$1,347,500 -2% -1% 5% -1% $1,366,960
-4%
1%
94 9%
62%
268
30%
$1,529,249 -15% -9% -10% -9% $1,675,986
-3%
0%
106 -5% 0% 7% 8%
106
2%
8%
725 10%
-6%
$452
-1%
-1%
-31%
-13%
$458
-10%
-12%
94 9%
62%
268
30%
$384
3%
106
-5% -6%
0% -7%
7% -9%
8% -4%
106 $411 2% -2% 8%
7.7
0%
-12%
-42%
-27%
10.4
-15%
-1%
$452 -1% -1% -31% -13%
$458
-10%
-12%
1%
$384 92.9%
-6% .7%
-7% .4%
-9% -1.9%
-4% 1.2% $411 92.5%
-2% -0% 3%
Average List Price of all Current Listings
Market
Profile
& Trends
April Median
Sales
Price Overview
Median List Price of all Current Listings
April Average Sales Price
Average List Price of all Current Listings
Total Properties Currently for Sale (Inventory)
April Median Sales Price
April Number of Properties Sold
April Average Sales Price
April Average Days on Market (Solds)
Total Properties Currently for Sale (Inventory)
Asking Price per Square Foot (based on New Listings)
April Number of Properties Sold
April Sold Price per Square Foot
April Average Days on Market (Solds)
April Month's
Inventory
Asking
Price per Supply
Square of
Foot
(based on New Listings)
April Sold
Sale Price
Price per
vs Square
List Price
Ratio
April
Foot
Agent Name
Market Profile & Trends Overview
Median
List Price
all Current
Price
Range: $1,000,000
and Up | of
Properties:
SFH - Con Listings
County: Travis
TRAVIS
Price Range: $1,000,000 and Up | Properties: SFH - Con
April 2018
County: Travis
TRAVIS
Market Action Report
Market Action Report
200
10.0
100
0
5.0
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
15
16
17
18
0.0
Copyright © CB United, Realtors | Price Range: $1,000,000 and Up | Property Types: SFH - Con
Data is provided courtesy of Austin Board of REALTORS, Central Texas MLS 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.
Coldwell Banker Global Luxury ® | 11