AUS ARCHIVED February 2018 | Page 8

Market Action Report February 2018
Market Action Report February 2018

HAYS

County : Hays

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
$ 1,495,000
0 %
-13%
Average List Price of all Current Listings
$ 1,966,258
-0%
-10%
February Median Sales Price
$ 1,720,000
39 %
19 %
60 %
28 %
$ 1,720,000
60 %
28 %
February Average Sales Price
$ 2,045,890
65 %
20 %
90 %
27 %
$ 1,814,921
69 %
13 %
Total Properties Currently for Sale ( Inventory )
91
20 %
38 %
February Number of Properties Sold
5
150 %
400 %
7
600 %
February Average Days on Market ( Solds )
161
1 %
-18%
8 %
-1%
161
8 %
-1%
Asking Price per Square Foot ( based on New Listings )
$ 822
83 %
26 % 157 % 35 %
$ 706
67 %
16 %
February Sold Price per Square Foot
$ 805
235 % 63 % 287 % 107 %
$ 644
210 %
66 %
February Month ' s Supply of Inventory
18.2 -52% -15% -72% -36%
28.1
-57%
-1%
February Sale Price vs List Price Ratio
88.6 %
10.8 % 4.4 % -9.3% 1.1 %
86.2 %
-12%
-2%
* LM = Last Month / L3M = Last 3 Months / PYM = Same Month Prior Year / LY = Last Year ( 2017 ) / YTD = Year-to-date
Property Sales February Property sales were 5 , up 400.0 % from 1 in February of 2017 and 150.0 % higher than the 2 sales last month . Property February 2018 Sales sales were at their highest level compared to 12 February February
Property of 2017 sales and 2016 were
. 5 , February up 400.0 YTD % from sales
1 in of February 7 are of 2017 and 150.0 higher than the 2 sales last month . running 600.0 % ahead of last year ' s year-to-date sales of 1 . 10 February 2018 sales were at their highest level compared to February of 2017 and 2016 . February YTD sales of 7 are
8 running 600.0 % ahead of last year ' s year-to-date sales of 1 .
6
12
10
8
6
4
Agent Name
Title Phone Website Other
Number of Properties Sold
Number of Properties Sold
3 Mo Avg
3 Mo Avg
4
2
2 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 $ 1,720,000 , up 60.0 %
Prices from $ 1,075,000 in February of 2017 and up 39.0 % from Median Sales Price and Average Sales Price
3 Mo Avg
The $ 1,237,500 Median Sales last month Price in . February The Average was Sales $ 1,720,000 Price , in up February 60.0 % 7,000 from was $ 1,075,000 2,045,890 in , up February 90.3 % of from 2017 $ 1,075,000 and up 39.0 in % February from of 2017 $ 1,237,500 last month . The Average Sales Price in February 7,0006,000 and up 65.3 % from $ 1,237,500 last month . February 2018 ASP was was $ 2,045,890 at the highest , up 90.3 level % compared from $ 1,075,000 to February in February of 2017 of and 2017 2016,000
. 5,000 and up 65.3 % from $ 1,237,500 last month . February 2018 ASP was at the highest level compared to February of 2017 and 2016 . 5,0004,000
4,0003,000 3,0002,000 2,0001,000 1,000
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
15
16
17
18
Inventory & MSI
Total Inventory & Month ' s Supply of Inventory ( MSI )
Inventory
The Total Inventory & MSI of Properties available for sale as of
The
February Total Inventory was 91 , up of 19.7 Properties % from available 76 last month for sale and as of up 37.9 %
120
February from 66 was in February 91 , up 19.7 of % last from year 76 . last February month 2018 and up Inventory 37.9 % was
120
100
Total Inventory & Month ' s Supply of Inventory ( MSI )
120.0
from at its 66 highest in February level compared of last year with . February 2018 of Inventory 2017 and was 2016 .
100 at its highest level compared with February of 2017 and 2016 .
80
80
60
100.0
80.0
60
A comparatively lower MSI is more beneficial for sellers while a A higher comparatively MSI is better lower for MSI buyers is more . The beneficial February for sellers 2018 MSI while of a 18.2
40 higher months MSI was is better at its lowest for buyers level . The compared February with 2018 February MSI of of 18.2 2017
20 months and 2016 was
. at its lowest level compared with February of 2017 and 2016 .
0
40
20
0
M
A M J
A M J
15
J A S O N D J
F M A M J
F M A M J
16
J A S O N D J
F M A M J
F M A M J
17
60.0
40.0
20.0
0.0
J A S O N D J
F
F
18
70
75 68 67 68 69 69 65
M
15
5 1 3 5 7 3 5 1 1
52 51 53 55 50
J A S O N D J
16
2 1
63 2 3
76
70 0 4
75 81
6 2
85 84
3
78 73
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
15
16
17
18
70
75 68 67 68 69 69 65
52 51 53 55 50
63 76 70 75 81 85 84
J A S O N D J
17
3 5
78 73
66 66 67
8
80 0 1
5 1 3 5 7 3 5 1 1 2 1 2 3 0 4 6 2 3 0 3 5 8 0 1 5 9 10 5 9 10
92 102
80 94 95 92 92
66 66 67
1 5
86 81
4 76
J A S O N D J
18
1 5 4 4 9 0
4 10
92 102 94 95 92 92 86
91
9 0
81 76
2 5
10
91 2 5
120.0 100.0
80.0 60.0 40.0 20.0 0.0
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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 .