AUS ARCHIVED July 2016 | Page 20

Market Action Report County: Lampasas July 2016 Lampasas Agent Name Title Phone Website Other Community Information | School District Price Range: All | Properties: SFH - Con Days On Market for Sold Properties 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 July was 66, down 25.8% from 89 days last month and down 12.0% from 75 days in July of last year. The July 2016 DOM was at its lowest level compared with July of 2015 and 2014. 3 Mo Avg 250 200 148 150 100 75 66 50 0 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 M A M J J 13 14 15 16 Selling Price per Square Foot 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 July 2016 Selling Price per Square Foot of $172 was up 103.8% from $84 last month and up 74.8% from 98 in July of last year. 3 Mo Avg 190 172 170 150 130 110 110 98 90 70 50 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 M A M J J 13 14 15 16 Selling Price versus Listing Price Ratio 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 July 2016 Selling Price vs Original List Price of 95.6% was up from 95.0% last month and down from 96.7% in July of last year. 3 Mo Avg Avg Selling Price divided by Avg Listing Price for sold properties during the month 100% 98% 96% 94% 92% 90% 88% 86% 84% 82% 80% 96.7% 95.6% 89.1% 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 M A M J J 13 14 15 16 Inventory / New Listings / Sales Inventory / New Listings / Sales 101 90 102 94 112 110 110 121 113 120 115 127 124 130 114 118 134 121 122 126 113 146 100 131 166 158 164 158 170 162 181 176 206 193 150 202 200 207 250 190 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 July 2016 was 41, down 12.8% from 47 last month and up 20.6% from 34 in July of last year. 50 0 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 M A M J J 13 14 15 16 Copyright © CB United, Realtors | Price Range: All | Property Types: SFH - Con Data is provided courtesy of Fort Hood Area Association of REALTORS, Austin Board of REALTORS 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.