Market Action Report February 2018
Market Action Report February 2018
TRAVIS County : Travis
Community Information | School District
Price Range : $ 1,000,000 and Up | Properties : SFH - Con
Trending versus *: |
Trending versus *: |
Market Profile & Trends Overview |
Month |
LM |
L3M |
PYM |
LY |
YTD |
Prior YTD |
Prior Year |
Median List Price of all Current Listings |
$ 1,750,000 |
0 % |
|
3 % |
|
|
|
|
Average List Price of all Current Listings |
$ 2,717,976 |
-1% |
|
9 % |
|
|
|
|
February Median Sales Price |
$ 1,445,000 |
7 % |
6 % |
-4% |
7 % |
$ 1,390,000 |
-9% |
3 % |
February Average Sales Price |
$ 1,807,196 |
21 % |
11 % |
-1% |
8 % |
$ 1,676,190 |
-8% |
0 % |
Total Properties Currently for Sale ( Inventory ) |
573 |
6 % |
|
1 % |
|
|
|
|
February Number of Properties Sold |
49 |
36 % |
|
7 % |
|
85 |
1 % |
|
February Average Days on Market ( Solds ) |
100 |
10 % |
-9% -22% |
2 % |
96 |
-17% |
-2% |
Asking Price per Square Foot ( based on New Listings ) |
$ 457 |
-6% |
-8% |
2 % |
-13% |
$ 469 |
1 % |
-10% |
February Sold Price per Square Foot |
$ 453 |
9 % |
10 % |
11 % |
13 % |
$ 436 |
2 % |
9 % |
February Month ' s Supply of Inventory |
11.7 -22% -4% |
-5% |
11 % |
13.4 |
7 % |
28 % |
February Sale Price vs List Price Ratio |
91.7 % -1.9% 1.3 % -1.1% -. 1 % |
92.5 % |
1 % |
1 % |
* LM = Last Month / L3M = Last 3 Months / PYM = Same Month Prior Year / LY = Last Year ( 2017 ) / YTD = Year-to-date
Property Sales
120 February Property sales were 49 , up 6.5 % from 46 in February of 2017 and 36.1 % higher than the 36 sales last month . Property Sales
100
February 2018 sales were at their highest level compared to 120 February February
Property of 2017 sales and 2016 were
. 49 February , up 6.5 % YTD from sales 46 in of February 85 are of 2017 and 36.1 % higher than the 36 sales last month .
80 running 1.2 % ahead of last year ' s year-to-date sales of 84 . 100 February 2018 sales were at their highest level compared to February of 2017 and 2016 . February YTD sales of 85 are
80
60 running 1.2 % ahead of last year ' s year-to-date sales of 84 . 60
40
Agent Name
Title Phone Website Other
Number of Properties Sold
Number of Properties Sold
3 Mo Avg
3 Mo Avg
40
20
20 0 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 J F
0 15 16
17 18
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 J F Prices
Median Sales Price and Average Sales Price
15 16
17
18 3 Mo Avg
The Median Sales Price in February was $ 1,445,000 , down 3.7 % Prices
1,900 from $ 1,500,000 in February of 2017 and up 7.1 % from
Median Sales Price and Average Sales Price
3 Mo Avg The $ 1,349,500 Median Sales last month Price in . February The Average was Sales $ 1,445,000 Price , in down February 3.7 %
1,9001,800 from was $ 1,500,000 1,807,196 , in down February 1.2 % of from 2017 $ 1,829,244 and up 7.1 % in from February of $ 2017 1,349,500 and up last 20.7 month % from . The $ Average 1,497,876 Sales last Price month in . February 2018 1,8001,700 was ASP $ 1,807,196 was at a mid , down range 1.2 % compared from $ 1,829,244 to February in February of 2017 of and 2016 2017 and up 20.7 % from $ 1,497,876 last month . February 2018 1,700
. 1,600
ASP was at a mid range compared to February of 2017 and 2016 . 1,6001,500 1,5001,400 1,4001,300 1,3001,200 1,200
Inventory & MSI Inventory The Total Inventory & MSI of Properties available for sale as of The February Total Inventory was 573 , of up Properties 5.5 % from available 543 last for month sale as and of up 1.4 % 900 February from 565 was in February 573 , up 5.5 of % last from year 543 . last February month 2018 and up Inventory 1.4 % was 900 800 from at its 565 highest in February level compared of last year with . February 2018 of 2017 Inventory and 2016 was . 800 700
at its highest level compared with February of 2017 and 2016 . 700 600
600 500
500 400 A comparatively lower MSI is more beneficial for sellers while a
400 300 A higher comparatively MSI is better lower for MSI buyers is more . The beneficial February for sellers 2018 MSI while of a 11.7
300 200 higher MSI is better for buyers . The February 2018 MSI of 11.7 200 months was at its lowest level compared with February of 2017 100 months was at its lowest level compared with February of 2017 100 and 2016 .
0 and 2016 .
0
M A M J A M J 15
61 59 73 48 70 53 49 63 51 64 25 29 46 40 75 84 60 65 59 68 49 60 38 46 64 58 86 111 89 82 55 66 59 55 36 49
499
M 15
M
15
61 59 73 48 70 53
565
499 600
601 565
613 600
608 601
581 613
560 608
49 63 51
|
F
M16 A M J
|
J |
A S O N D |
J |
F
M17 A M J
|
J |
A S O N D |
J |
|
|
|
17 |
|
|
|
18 |
Total Inventory & Month ' s Supply of Inventory ( MSI ) |
Total Inventory & Month ' s Supply of Inventory ( MSI ) |
492 581
437 560
462 492
437 525
462 618
525
670 713 618 726 670
703 713
670 726
649 703
601 670
536 473
649
481
601
565 536
473 675
481 770
565 796
675 803
752 770
726 796
722 803
673 752
613 726
531 722 543 673
573 613
0.0 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 J F
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 16
17 18
17 18
J A S O N D J
16
64 25 29 46 40 75 84 60 65 59
|
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 |
J |
F |
|
|
|
|
|
|
|
|
|
|
F |
18 |
|
68 49 60 38 46 64 58 86 111 89 82 55 66 59
25.0 20.0 15.0
531
543
10.0 5.0
55
573 36 49
25.0 20.0
15.0 10.0 5.0 0.0
10 | coldwellbankerluxury . com
Copyright © CB United , Realtors | Price Range : $ 1,000,000 and Up | Property Types : SFH - Con Data is provided courtesy of Austin Board of REALTORS , Central Texas MLS 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 .