AUS ARCHIVED January 2017 | 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 January was 56 , down 3.4 % from 58 days last month and down 6.7 % from 60 days in January of last year . The January 2017 DOM was at its lowest level compared with January of 2016 and 2015 .
70 60 50 40 30
56
60
56
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 January 2017 Selling Price per Square Foot of $ 202 was down 1.1 % from $ 204 last month and up 4.5 % from 193 in January 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 January 2017 Selling Price vs Original List Price of 95.8 % was up from 95.5 % last month and equal to 95.8 % in January of last year .
0
250 240 230 220 210 200 190 180 170 160 150
100 % 99 % 98 % 97 % 96 % 95 % 94 %
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
J
14
15
16
17
Selling Price per Square Foot
181
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
J
14
15
16
17
193
Selling Price versus Listing Price Ratio Avg Selling Price divided by Avg Listing Price for sold properties during the month
3 Mo Avg
3 Mo Avg
95.8 % 95.8 % 95.8 %
202
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 January 2017 was 1,590 , up 62.4 % from 979 last month and up 7.4 % from 1,481 in January of last year .
93 %
5,000 4,500 4,000 3,500 3,000 2,500 2,000 1,500 1,000
500 0
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
J
14
15
16
17
2,649 2,801 2,979
3,453
3,711 3,991 4,042 3,844 3,782
3,441
Inventory / New Listings / Sales
2,954 3,000 3,037 3,225
3,550 3,773 3,928 4,294 4,210
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
J
14
15
16
17
4,009 3,922
3,520 3,037 3,032 3,162
3,553 3,791 3,901 4,293 4,469 4,342 4,416
4,153
3,713 3,240 3,073 c o l d w e l l b a n k e r h o m e s . c o m | 7