AUS ARCHIVED December 2016 | Page 9

Williamson Community Information | School District

Williamson 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 59 , up 18.0 % from 50 days last month and down 1.7 % from 60 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 20 10
Days On Market for Sold Properties
3 Mo Avg
60 59
55
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 $ 132 was up 1.4 % from $ 130 last month and up 7.5 % from 123 in December 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 December 2016 was 530 , down 26.0 % from 716 last month and down 4.8 % from 557 in December of last year .
0
150 145 140 135 130 125 120 115 110 105 100
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
99 %
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
List Price of 96.1 % was down from 96.8 % last month and equal
98 %
98 %
to 96.1 % in December of last year .
97 %
97 % 96 % 96 % 95 % 95 %
2,500
2,000
1,500
1,000
500
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
113
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
123
Selling Price versus Listing Price Ratio
96.6 %
Inventory / New Listings / Sales
132
96.1 % 96.1 %
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
1,421 1,391 1,442
1,575 1,763
1,919
Avg Selling Price divided by Avg Listing Price for sold properties during the month
2,181
2,204 2,075 2,025 1,937
1,614 1,537 1,542 1,548
1,709 1,877
1,986 2,173 2,131 2,010 1,951
1,778
1,607 1,481 1,558 1,720 1,815 1,780
2,057 2,263 2,229
3 Mo Avg
3 Mo Avg
2,194 2,044
1,867 1,670
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
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