AUS ARCHIVED December 2016 | Page 7

Travis Community Information | School District

Travis 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 December was 57 , up 9.6 % from 52 days last month and up 7.5 % from 53 days in December of last year . The December 2016 DOM was at a mid level compared with December of 2015 and 2014 .
70 60 50 40 30
51
53
57
20
10
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 $ 206 was up 2.2 % from $ 202 last month and up 5.9 % from 195 in December of last year .
0
250 240 230 220 210 200 190 180 170 160 150
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 100 % original list price . The lower the ratio is below 100 % the more of
99 % 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 98 % List Price of 95.5 % was down from 96.0 % last month and down from 95.6 % in December of last year . 97 % 96 % 95 % 94 %
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
S O N D
14
15
16
Selling Price per Square Foot
179
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
S O N D
14
15
16
195
Selling Price versus Listing Price Ratio Avg Selling Price divided by Avg Listing Price for sold properties during the month
95.8 %
3 Mo Avg
3 Mo Avg
206
95.6 % 95.5 %
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 991 , down 21.8 % from 1,267 last month and up 19.3 % from 831 in December of last year .
93 %
5,000 4,500 4,000 3,500 3,000 2,500 2,000 1,500 1,000
500 0
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 S O N D
14
15
16
2,536 2,649 2,800 2,978
3,452
3,710 3,990 4,041 3,843 3,781
Inventory / New Listings / Sales
3,440 2,953 2,999 3,036 3,224
3,549 3,772 3,927
4,293
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 S O N D
14
15
16
4,209 4,008 3,921
3,519 3,036 3,031 3,161
3,552 3,790 3,900 4,290 4,466 4,339 4,410
4,132 3,669
3,135 c o l d w e l l b a n k e r h o m e s . c o m | 7