AUS ARCHIVED August 2016 | Page 20

Market Action Report County: Lampasas August 2016 Lampasas Agent Name Title Phone Website Other Community Information | School District Price Range: All | 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 August was 93, up 40.9% from 66 days last month and up 4.5% from 89 days in August of last year. The August 2016 DOM was at a mid level compared with August of 2015 and 2014. 3 Mo Avg 250 200 150 100 93 89 84 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 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 August 2016 Selling Price per Square Foot of $132 was down 23.1% from $172 last month and up 38.1% from 96 in August of last year. 3 Mo Avg 190 170 150 132 130 110 96 96 90 70 50 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 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 94.2% was down from 95.6% last month and down from 97.2% in August of last year. 3 Mo Avg Avg Selling Price divided by Avg Listing Price for sold properties during the month 100% 98% 96% 94% 92% 90% 88% 86% 84% 82% 80% 97.2% 94.5% 94.2% 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 Inventory / New Listings / Sales Inventory / New Listings / Sales 107 106 94 103 95 112 110 110 121 113 120 115 127 124 130 114 118 134 121 122 126 113 166 158 164 158 170 181 162 146 131 100 176 150 206 193 200 202 250 190 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 36, down 12.2% from 41 last month and up 5.9% from 34 in August of last year. 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 Copyright © CB United, Realtors | Price Range: All | Property Types: SFH - Con Data is provided courtesy of Fort Hood Area Association of REALTORS, Austin Board of REALTORS 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.