AUS ARCHIVED April 2018 | Page 18

Market Action Report
April 2018
Agent Name
Title
Phone
Website
Other
3 Mo Avg
Market Profile & Trends Overview
Median
List Price
all Current
Price
Range: $1,000,000
and Up | of
Properties:
SFH - Con Listings
April Sold
Sale Price
Price per
vs Square
List Price
Ratio
April
Foot
* LM=Last Month / L3M=Last 3 Months / PYM=Same Month Prior Year / LY=Last Year (2017) / YTD = Year-to-date
April Sale Price vs List Price Ratio
* LM=Last
Month / L3M=Last
3 Months / PYM=Same Month Prior Year / LY=Last Year (2017) / YTD = Year-to-date
Property
Sales
4
April Property sales were 2, up from 0 in April of 2017 and
higher than the 0 sales last month. April 2018 sales were at
3
Property
Sales
their highest
level compared to April of 2017 and 2016. April 4
April
Property
sales
were
2,
up
from
0
in
April
of
2017
and
3
YTD sales of 2 are running ahead of last year's year-to-date
higher than the 0 sales last month. April 2018 sales were at
3
sales of 0.
their highest level compared to April of 2017 and 2016. April
2
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.
2016.
0
12.0
12.0 10.0
6.0
8.0
8.0
6.0
14.0
14.0
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
1
Total Inventory & Month's Supply of Inventory (MSI)
Total Inventory & Month's Supply of Inventory (MSI)
2
2
Inventory & MSI
The Total Inventory
Inventory
& MSI of Properties available for sale as of April
was Total
6, down
14.3% of from
7 last month
and
14.3%
from 7 in 16
The
Inventory
Properties
available
for down
sale as
of April
April
of last 14.3%
year. from
April 7 2018
Inventory
was at
its lowest
was
6, down
last month
and down
14.3%
from 7 level
in 16 14
14 12
compared
with April
2017
and 2016.
April
of last year.
April of
2018
Inventory
was at its lowest level
compared with April of 2017 and 2016.
12 10
10
8
8 6
A comparatively lower MSI is more beneficial for sellers while a 6
4
A higher
comparatively
lower for
MSI buyers.
is more The
beneficial
for sellers
MSI is better
April 2018
MSI while
of 3.0 a
4
higher
MSI
is better
for buyers.
April 2018
MSI
of 3.0
2
months
was
at its highest
level The
compared
with
April
of 2017 and
2
months
0
2016. was at its highest level compared with April of 2017 and
3
3
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
1,100
4
0
1,300 1,100
5
4
3 Mo Avg
1,700 1,500
1,500 1,300
Inventory / New Listings / Sales
Inventory / New Listings / Sales
1
Prices
-1
The Median Sales Price in April was $1,300,112, up from $0 in
Prices
April of 2017 and up from $0 last month. The Average Sales
2,700
The
Median
Sales
Price
in April was
from
$0 in and
Price
in April
was
$1,300,112,
up $1,300,112,
from $0 in up
April
of 2017
2,900
April
of 2017
from April
$0 last 2018
month.
Sales level 2,500
up from
$0 and
last up
month.
ASP The
was Average
at the highest
2,700
Price
in April to was
$1,300,112,
up 2016.
from $0 in April of 2017 and
compared
April
of 2017 and
2,300
up from $0 last month. April 2018 ASP was at the highest level 2,500
2,100
compared to April of 2017 and 2016.
2,300
1,900
2,100
1,900 1,700
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
18 | coldwellbankerluxury.com
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
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
2,900
Median Sales Price and Average Sales Price
-1
0
0
1
3 Mo Avg
Avg Selling Price divided by Avg Listing Price for sold properties during the month
3 Mo Avg
1
1
Selling Price versus Listing Price Ratio
Selling Price vs Original Listings Price
The Selling Price vs Original Listing Price reveals the average
100%
amount that Sellers are agreeing to come down from their
original list price. The lower the ratio is below 100% the more of 90%
a Buyer's market exists, a ratio at or above 100% indicates more
80%
of a Seller's market. The April 2018 Selling Price vs Original
70%
List Price of 0.0% was up from 0.0% last month and up from
60%
0.0% in April of last year.
50%
40%
30%
20%
10%
0%
3 Mo Avg
1
2
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
150
-47%
3.0
0%
-47%
Number
of 86.6%
Properties
-9.7%
0% Sold -10%
2
2
200
0%
3
YTD sales of 2 are running ahead of last year's year-to-date
sales of 0.
250
350
400
0%
.1%
Number of Properties Sold
450
500
550
600
300
This last view of the