AUS ARCHIVED April 2018 | Page 6

Market Action Report
April 2018
County: Burnet
BURNET
Market Action Report
Agent Name
April 2018
Title
Phone
Agent
Name
Website
Title Other
Phone
Trending versus*:
Website
Month
LM L3M PYM
LY
Other
$1,385,000
0%
-7%
Community
Information | School District
County: Burnet
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
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 176, down 33.1% from
263 days last month and up 45.5% from 121 days in April of last
year. The April 2018 DOM was at a mid level compared with
April of 2017 and 2016.
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 $736 was up
20.7% from $609 last month and up 127.5% from 323 in April of
last year.
3 Mo Avg
1,050
950
850
736
750
650
550
323
276
150
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
Median Sales Price and Average Sales Price
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
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
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
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
20
40.0 30
40
50.0
30.0
50
50.0
60
60.0
60.0
60
was Total
57, up
5.6% from
54 last month
and for
up sale
21.3%
47 in
The
Inventory
of Properties
available
as from
of April
April
year.
2018
Inventory
at its
highest
was
57, of
up last
5.6%
from April
54 last
month
and up was
21.3%
from
47 in level 60 50
compared
with April
2017
and 2016.
April
of last year.
April of
2018
Inventory
was at its highest level
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 19.0
10
higher
MSI
is better
for level
buyers.
The April
2018
MSI
19.0 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 13, equal to 13 last month and up
62.5% from 8 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
90.0%
87.9%
0%
Total Inventory & Month's Supply of Inventory (MSI)
Total Inventory & Month's Supply of Inventory (MSI)
93.0%
20%
2,000
1,000
Inventory & MSI
The Total Inventory
Inventory
& MSI of Properties available for sale as of April
3 Mo Avg
Avg Selling Price divided by Avg Listing Price for sold properties during the month
40%
3,000
2,000
1,000
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 90.0% was up from 82.5% last month and up from
87.9% in April of last year.
60%
0
1
The Median Sales Price in April was $1,290,000, down 11.0%
Prices
from $1,450,000 in April of 2017 and down 6.2% from
6,000
The
Median Sales
Price in April
was $1,290,000,
down
11.0% was
$1,375,000
last month.
The Average
Sales Price
in April
from
$1,450,000
in
April
of
2017
and
down
6.2%
from
$2,230,000, up 53.8% from $1,450,000 in April of 2017 and up
6,000 5,000
$1,375,000
last
month. The
Average
Sales
Price
in April
was at the
62.2% from
$1,375,000
last
month.
April
2018
ASP was
$2,230,000,
up compared
53.8% from
in and
April
of 2017 and up 5,000
highest level
to $1,450,000
April of 2017
2016.
4,000
62.2% from $1,375,000 last month. April 2018 ASP was at the
highest level compared to April of 2017 and 2016.
4,000
3,000
Copyright
© coldwellbankerluxury.com
CB United, Realtors | Price Range: $1,000,000 and Up | Property Types: SFH - Con
6 Copyright
| © CB
United, Realtors | Price Range: $1,000,000 and Up | Property Types: SFH - Con
74
Prices
176
121
250
0
300
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
2
1
400
350
2
500
450
3
600
0
3 Mo Avg
Number of Properties Sold
3 Mo Avg
700
100
3
4
Title
Phone
Website
Other
200
5
YTD sales of 7 are running 133.3% ahead of last year's year-to-
date sales of 3.
Agent Name
Days On Market for Sold Properties
Trending versus*:
Prior YTD Prior Year
YTD
19.0 -30% -20% -60% -31%
23.7 -30%
-14%
of 87.7%
Properties
90.0% 9.1% 2.6% 2.4% Number
5.5%
0% Sold 3%
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
7
April Property sales were 3, up 200.0% from 1 in April of 2017
and 50.0% higher than the 2 sales last month. April 2018 sales
6
Property
Sales
were at a mid
level compared to April of 2017 and 2016. April 7
April
Property
sales
were
3,
up
200.0%
from
1
in
April
of
2017
5
YTD sales of 7 are running 133.3% ahead of last year's year-to-
and 50.0% higher than the 2 sales last month. April 2018 sales
6
date sales of 3.
were at a mid level compared to April of 2017 and 2016. April
4
County: Burnet
BURNET
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*:
$1,762,787 Trending
-5% versus*:
-13%
Month
LM -6%
L3M -26%
PYM -11%
LY -16% YTD
Prior YTD 21%
Prior Year 14%
$1,290,000
$1,750,000
$1,385,000 0%
-7%
$2,230,000 62% 14% 54% 9% $1,951,429
23%
-5%
$1,762,787 -5%
-13%
57 6%
21%
$1,290,000 -6% -26% -11% -16% $1,750,000
21%
14%
3 50%
200%
7 133%
$2,230,000 62% 14% 54% 9% $1,951,429
23%
-5%
176 -33% -25% 45% -15%
234
49%
14%
57 6%
21%
$597
17%
13%
34%
18%
$530
2%
5%
3 50%
200%
7 133%
$736
21%
9%
127%
69%
$675
77%
55%
176 -33% -25% 45% -15%
234
49%
14%
$597 19.0
17% -30%
13% -20%
34% -60%
18% -31% $530 23.7
2% -30% 5% -14%
$736 90.0%
21% 9.1%
9% 2.6%
127% 2.4%
69% 5.5% $675 87.7%
77% 0% 55% 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
Market Action Report
10
20.0
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.
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