AUS ARCHIVED June 2016 | Page 11

Travis Community Information | School District

Travis 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 June was 68 , down 24.4 % from 90 days last month and up 9.7 % from 62 days in June of last year . The June 2016 DOM was at a mid level compared with June of 2015 and 2014 .
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 $ 414 was up 5.1 % from $ 393 last month and up 11.8 % from 370 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 92.6 % was down from 92.9 % last month and down from 95.8 % in June of last year .
160 140 120 100 80 60 40 20 0
440 420 400 380 360 340 320 300
98 % 96 % 94 % 92 % 90 %
Days On Market for Sold Properties
66
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A
S
O N D
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F M A M
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J
A
S
O N D
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F M A M
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A
S
O N D
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F M A M
13
14
15
16
Selling Price per Square Foot
364
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O N D
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F M A M
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O N D
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F M A M
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13
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Selling Price versus Listing Price Ratio Avg Selling Price divided by Avg Listing Price for sold properties during the month
91.9 %
62
370
95.8 %
3 Mo Avg
3 Mo Avg
3 Mo Avg
68
J
414
J
92.6 %
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 148 , down 14.9 % from 174 last month and up 5.7 % from 140 in June of last year .
88 % 86 % 84 %
800 700 600 500 400 300 200 100
0
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O N D
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F M A M
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O N D
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O N D
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F M A M
13
14
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16
480 447 445
413
367 304 305
350 418
456
Inventory / New Listings / Sales
476 500 493 488 476 464
428 380
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A
S
O N D
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F M A M
J
J
A
S
O N D
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F M A M
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O N D
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F M A M
13
14
15
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400 442
498
564 599 600 612 606 578 558
490 437 462
529 623
679 725
J
736
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