AUS ARCHIVED August 2016 | Page 18

Coryell Community Information | School District

Coryell Community Information | School District

Days On Market for Sold Properties
3 Mo Avg
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 August was 62 , up 1.6 % from 61 days last month and down 19.5 % from 77 days in August of last year . The August 2016 DOM was at its lowest level compared with August of 2015 and 2014 .
140 120 100 80 60
98
77
62
40
20
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 August 2016 Selling Price per Square Foot of $ 77 was up 6.4 % from $ 73 last month and up 12.0 % from 69 in August of last year .
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 August 2016 Selling Price vs Original List Price of 94.0 % was down from 95.2 % last month and up from 93.0 % in August of last year .
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 August 2016 was 106 , up 35.9 % from 78 last month and up 21.8 % from 87 in August of last year .
0
100 95 90 85 80 75 70 65 60 55 50
98 % 96 % 94 % 92 % 90 % 88 % 86 % 84 % 82 %
350 300 250 200
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
13
14
15
16
Selling Price per Square Foot
66
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
13
14
15
16
Selling Price versus Listing Price Ratio
94.9 %
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
13
14
15
16
326 324 328 304 310 311 312
Avg Selling Price divided by Avg Listing Price for sold properties during the month
306 311 313
Inventory / New Listings / Sales
307 302 313 317
285
254 227 237 249 279 277 281 288
69
93.0 %
291 282 285 266 254 269 264 270 278
3 Mo Avg
3 Mo Avg
273 268
250
77
94.0 %
251
150 100 50 0
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
13
14
15
16
18 | c o l d w e l l b a n k e r h o m e s . c o m