Burnet Community Information | School District
Burnet Community Information | School District
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 December was 108 , up 56.5 % from 69 days last month and down 15.0 % from 127 days in December of last year . The December 2016 DOM was at a mid level compared with December of 2015 and 2014 .
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 December 2016 Selling Price per Square Foot of $ 146 was up 0.0 % from $ 146 last month and down 5.3 % from 154 in December 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 December 2016 Selling Price vs Original List Price of 92.0 % was down from 93.7 % last month and down from 95.4 % in December of last year .
200 180 160 140 120 100 80 60 40 20 0
190 170 150 130 110 90 70 50
100 % 95 % 90 % 85 %
Days On Market for Sold Properties
105
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 |
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A |
S O N D |
14 |
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15 |
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16 |
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127
Selling Price per Square Foot
130
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F M A M J |
J |
A |
S O N D |
J |
F M A M J |
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S O N D |
J |
F M A M J |
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A |
S O N D |
14 |
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15 |
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16 |
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154
Selling Price versus Listing Price Ratio Avg Selling Price divided by Avg Listing Price for sold properties during the month
97.0 % 95.4 %
3 Mo Avg
3 Mo Avg
3 Mo Avg
108
146
92.0 %
80 % 75 %
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 December 2016 was 26 , down 21.2 % from 33 last month and up 30.0 % from 20 in December of last year .
70 %
350 300 250 200 150
261
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F M A M J |
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A S O N D |
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F M A M J |
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A S O N D |
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F M A M J |
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A S O N D |
14 |
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15 |
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16 |
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263 283 297 306 318 326 313
297 268
Inventory / New Listings / Sales
254 228 231 240 246
265 291 301 304 303
283 267 271
238 237
263 282 284 293 304 316 305 291
257 235
208
100 50 0
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F M A M J |
J |
A |
S O N D |
J |
F M A M J |
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A |
S O N D |
J |
F M A M J |
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A |
S O N D |
14 |
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15 |
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16 |
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c o l d w e l l b a n k e r h o m e s . c o m | 13