AUS ARCHIVED April 2018 | Page 12

Market Action Report April 2018 County: Williamson WILLIAMSON Market Action Report Agent Name April 2018 Title Phone Agent Name Website Title Other Phone Trending versus*: Website Month LM L3M PYM LY Other $1,690,000 13% -0% Community Information | School District County: Williamson Price Range: $1,000,000 and Up | Properties: SFH - Con Market Profile & Trends Overview Median List Price all Current Price Range: $1,000,000 and Up | of Properties: SFH - Con Listings April Sale Price vs List Price R atio * LM=Last Month / L3M=Last 3 Months / PYM=Same Month Prior Year / LY=Last Year (2017) / YTD = Year-to-date Property Sales 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 12, down 42.9% from 21 days last month and down 96.0% from 297 days in April of last year. The April 2018 DOM was at its lowest level compared with April of 2017 and 2016. 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 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 $256 was up 11.3% from $230 last month and up 23.8% from 207 in April of last year. 2,100 1,600 1,100 Median Sales Price and Average Sales Price 3 Mo Avg 100.0% 93.6% 88.8% 20% 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 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. 40.0 30.0 20.0 10.0 0.0 F M A 10 20.0 20 30.0 40.0 30 50.0 40 50.0 50 60.0 60 60.0 60 was Total 40, down 2.4% of from 41 last available month and down from 41 The Inventory Properties for sale as 2.4% of April 60 in April of last year. April 2018 Inventory was 2.4% at a mid was 40, down 2.4% from 41 last month and down from level 41 50 with April of 2017 2016. was at a mid level in compared April of last year. April 2018 and Inventory 50 40 compared with April of 2017 and 2016. 40 30 30 A comparatively lower MSI is more beneficial for sellers while a 20 A higher comparatively lower for MSI buyers. is more The beneficial for sellers a 20 MSI is better April 2018 MSI while of 40.0 10 higher MSI is better for level buyers. The April 2018 MSI 40.0 and months was at a mid compared with April of of 2017 10 months was at a mid level compared with April of 2017 and 0 2016. 0 2016. 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 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 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 5, down 28.6% from 7 last month and down 28.6% from 7 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 Total Inventory & Month's Supply of Inventory (MSI) Total Inventory & Month's Supply of Inventory (MSI) 3 Mo Avg Avg Selling Price divided by Avg Listing Price for sold properties during the month 40% 2,000 1,000 Copyright © CB United, Realtors | Price Range: $1,000,000 and Up | Property Types: SFH - Con 12 Copyright | © CB coldwellbankerluxury.com United, Realtors | Price Range: $1,000,000 and Up | Property Types: SFH - Con 256 207 Selling Price versus Listing Price Ratio Selling Price vs Original Listings Price The Selling Price vs Original Listing Price reveals the average 120% 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 100% of a Seller's market. The April 2018 Selling Price vs Original 80% List Price of 100.0% was up from 81.8% last month and up from 93.6% in April of last year. 60% 3,000 2,000 Inventory & MSI The Total Inventory Inventory & MSI of Properties available for sale as of April 3 Mo Avg 1 -1 The Median Sales Price in April was $1,100,000, up 10.0% from Prices $1,000,000 in April of 2017 and down 38.9% from $1,800,000 6,000 The in April was $1,100,000, up 10.0% from up last Median month. Sales The Price Average Sales Price in April was $1,100,000, $1,000,000 April of 2017 in and down 38.9% from $1,800,000 10.0% from in $1,000,000 April of 2017 and down 38.9% from 6,000 5,000 last month. The Average Price in ASP April was was at $1,100,000, up $1,800,000 last month. Sales April 2018 a mid range 10.0% from $1,000,000 in April 2017 and down 38.9% from 5,000 4,000 compared to April of 2017 and of 2016. $1,800,000 last month. April 2018 ASP was at a mid range compared to April of 2017 and 2016. 4,000 3,000 1,000 12 Prices 204 200 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 16 17 18 -1 15 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 3 Mo Avg 15 16 17 18 0 250 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 0 297 300 100 1 350 162 1 400 600 2 450 50 3 2 500 100 4 3 3 Mo Avg 150 3 Mo Avg Number of Properties Sold 5 Title Phone Website Other April Property sales were 1, equal to 1 in April of 2017 and the same as the 1 sales last month. April 2018 sales were at their Property Sales lowest level compared to April of 2017 and 201 6. April YTD 6 April were 500.0% 1, equal ahead to 1 in of April 2017 year-to-date and the sales Property of 6 are sales running last of year's same as the 1 sales last month. April 2018 sales were at their 5 sales of 1. lowest level compared to April of 2017 and 2016. April YTD sales of 6 are running 500.0% ahead of last year's year-to-date 4 sales of 1. Agent Name Days On Market for Sold Properties Trending versus*: Prior YTD Prior Year YTD 40.0 -2% -1% -2% 30% 30.2 -26% -2% Number of 87.2% Properties 100.0% 22.2% 14.7% 6.8% 14.8% -7% Sold 0% 6 County: Williamson WILLIAMSON Price Range: $1,000,000 and Up | Properties: SFH - Con * 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 April 2018 Community Information | School District Trending versus*: $2,098,663 Trending 15% versus*: 5% Month LM -39% L3M -11% PYM 10% LY -7% YTD Prior YTD 24% Prior Year 5% $1,100,000 $1,237,500 $1,690,000 13% -0% $1,100,000 -39% -22% 10% -19% $1,407,333 41% 4% $2,098,663 15% 5% 40 -2% -2% $1,100,000 -39% -11% 10% -7% $1,237,500 24% 5% 1 0% 0% 6 500% $1,100,000 -39% -22% 10% -19% $1,407,333 41% 4% 12 -43% -84% -96% -91% 75 -75% -46% 40 -2% -2% $525 -41% -7% -15% 29% $564 13% 39% 1 0% 0% 6 500% $256 11% -18% 24% -1% $312 51% 12 -43% -84% -96% -91% 75 -75% -46% 21% 40.0 -2% -1% -2% 30% 30.2 -26% $525 -41% -7% -15% 29% $564 13% 39% -2% 100.0% $256 11% 22.2% -18% 14.7% 24% 6.8% -1% 14.8% $312 87.2% 51% -7% 21% 0% 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 Market Action Report 0 10.0 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 ® | 13