AUS ARCHIVED April 2018 | Page 20

Market Action Report April 2018 County: Lampasas LAMPASAS Agent Name Title Phone Website Other Community Information | School District Price Range: $1,000,000 and Up | 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 154, up from 0 days last month and up from 0 days in April of last year. The April 2018 DOM was at its lowest level compared with April of 2017 and 2016. 3 Mo Avg 800 700 600 500 400 300 154 200 100 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 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 2018 Selling Price per Square Foot of $680 was up from $0 last month and up from 0