AUS ARCHIVED June 2016 | Page 13

Williamson Community Information | School District

Williamson 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 June was 36 , down 5.3 % from 38 days last month and down 7.7 % from 39 days in June of last year . The June 2016 DOM was at a mid level compared with June of 2015 and 2014 .
70 60 50 40 30
33
39
36
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 June 2016 Selling Price per Square Foot of $ 129 was up 0.9 % from $ 128 last month and up 5.9 % from 122 in June 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 June 2016 Selling Price vs Original List Price of 98.4 % was down from 98.7 % last month and down from 98.6 % in June of last year .
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 June 2016 was 1,399 , up 11.2 % from 1,258 last month and up 9.4 % from 1,279 in June of last year .
0
150 145 140 135 130 125 120 115 110 105 100
99 % 99 % 98 % 98 % 97 % 97 % 96 % 96 % 95 % 95 %
2,500
2,000
1,500
1,000
500
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O N D
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F M A M
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Selling Price per Square Foot
111
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O N D
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F M A M
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122
Selling Price versus Listing Price Ratio Avg Selling Price divided by Avg Listing Price for sold properties during the month 98.5 % 98.6 %
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O N D
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F M A M
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F M A M
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F M A M
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1,859 1,907 1,836 1,769
1,632 1,420 1,421 1,391 1,442
1,575
Inventory / New Listings / Sales
1,763
1,919 2,181 2,204 2,075 2,025 1,937
1,614 1,537 1,542 1,548
1,709 1,877
1,986 2,173 2,132 2,010 1,951
1,778
1,606 1,478 1,560
3 Mo Avg
3 Mo Avg
1,716 1,804 1,741
J
129
J
98.4 %
J
1,955
0
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O N D
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F M A M J
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F M A M J
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