AUS ARCHIVED June 2016 | Page 20

Market Action Report

June 2016

Coryell

County: Coryell

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 June was 86, up 17.8% from 73
days last month and up 45.8% from 59 days in June of last year.
The June 2016 DOM was at a mid level compared with June of
2015 and 2014.

3 Mo Avg

140
120
100

86
73

80

59

60
40
20
0

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Selling Price per Square Foot

Selling Price per Square Foot

The Selling Price per Square Foot is a great indicator for the
100
direction of Property values. Since Median Sales Price and
95
Average Sales price can be impacted by the 'mix' of high or low
90
end Properties in the market, the selling price per square foot is a
85
more normalized indicator on the direction of Property values.
The June 2016 Selling Price per Square Foot of $70 was up 2.3%
80
from $69 last month and up 3.4% from 68 in June of last year.
75
70
65
60
55
50

70

3 Mo Avg

70

68

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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 June 2016 Selling Price vs Original List
Price of 95.8% was up from 93.8% last month and up from
95.0% in June of last year.

3 Mo Avg

Avg Selling Price divided by Avg Listing Price for sold properties during the month

98%

95.3%

96%

95.8%

95.0%

94%
92%
90%
88%
86%
84%
82%
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Inventory / New Listings / Sales

Inventory / New Listings / Sales

400

257

275

267

268

268

262

253

285

265

291

282

288

281

279

277

249

237

317

285

254

227

200

313

302

313

307

311

312

306

311

310

328

326

304

250

324

300

339

350
316

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 93, equal to 93 last month and up 9.4% from
85 in June of last year.

150
100
50
0
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Copyright © Coldwell Banker | 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. Coldwell Banker
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.

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