AUS ARCHIVED June 2016 | Page 22

Market Action Report County: Lampasas June 2016 Lampasas Agent Name Title Phone Website Other Community Information | School District Price Range: All | Properties: SFH - Con Days On Market for Sold Properties 3 Mo Avg Market Time 250 The average Days On Market (DOM) shows how many days the average Property is on the market before it sells. An upward 200 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 89, up 45.9% from 61 150 days last month and down 2.2% from 91 days in June of last year. The June 2016 DOM was at its lowest level compared with June 100 of 2015 and 2014. 98 91 89 50 0 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 F M A M 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 June 2016 Selling Price per Square Foot of $84 was down 41.8% from $145 last month and down 9.8% from 94 in June of last year. 150 140 130 120 110 100 90 80 70 60 50 100 3 Mo Avg 94 84 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 F M A M 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 June 2016 Selling Price vs Original List Price of 95.0% was up from 94.0% last month and up from 92.7% in June 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% 95.7% 95.0% 92.7% 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 F M A M J 13 14 15 16 87 101 92 112 110 110 121 113 120 115 127 124 130 114 118 134 121 122 146 126 113 100 131 166 158 164 170 162 181 206 193 202 207 207 190 176 158 Inventory / New Listings / Sales Inventory / New Listings / Sales This last view of the market combines monthly inventory of 250 Properties for sale along with New Listings and Sales. The graph shows the basic annual seasonality of the market as well as the 200 relationship between these items. The number of New Listings in June 2016 was 47, up 46.9% from 32 last month and up 38.2% from 34 in June of last year. 150 50 0 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 F M A M J 13 14 15 16 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.