AUS ARCHIVED January 2017 | Page 11

Hays Community Information | School District

Hays 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 January was 0 , down 100.0 % from 136 days last month and down 100.0 % from 17 days in January of last year . The January 2017 DOM was at a mid level compared with January of 2016 and 2015 .
1,200
1,000
800
600
400
Days On Market for Sold Properties
3 Mo Avg
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 $ 0 was down 100.0 % from $ 429 last month and down 100.0 % from 2,578 in January of last year .
200
0
-200
2,650
2,150
1,650
1,150
73
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
17
2,578
3 Mo Avg
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 0.0 % was down from 90.9 % last month and down from 92.0 % in January of last year .
650
150
120 % 100 % 80 % 60 % 40 % 20 %
354
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 versus Listing Price Ratio Avg Selling Price divided by Avg Listing Price for sold properties during the month
90.5 % 92.0 %
3 Mo Avg
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 5 , down 28.6 % from 7 last month and down 54.5 % from 11 in January of last year .
90 80 70 60 50 40 30 20 10 0
0 %
44
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
48 48 46 59 58 69 68 67
61
Inventory / New Listings / Sales
65 65 63 64
71 66 64 65 65 67
63
52 49 51 53
48 61
70 65
71 76 77
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
74 70
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