AUS ARCHIVED June 2016 | Page 18

Market Action Report

June 2016

Burnet

County: Burnet

Agent Name
Title
Phone
Website
Other

Community Information | School District
Price Range: $1,000,000 and Up | 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 180, up 32.4% from 136
days last month and up from 0 days in June of last year. The
June 2016 DOM was at its lowest level compared with June of
2015 and 2014.

3 Mo Avg

500
450
400
350
300
250

180

200
150
100
50
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
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 $160 was down
61.5% from $417 last month and up from 0 in June of last year.

3 Mo Avg

600
550
500
450
400
350
300
250
200

160

150
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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 87.9% was down from 95.9% last month and up from
0.0% in June of last year.

3 Mo Avg

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

140%
120%
100%

87.9%

80%
60%
40%
20%
0%
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Inventory / New Listings / Sales

Inventory / New Listings / Sales

45

35

39

32

35

33

32

33

32

36
33

33

31
28

28

26

25

23

24

27

21

15

32

34
31

29
23

23

25

24

24

20

26

25

28

30

34

35

38

35

37

40

27

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 6, equal to 6 last month and up 20.0% from 5
in June of last year.

10
5
0
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Copyright © Coldwell Banker | Price Range: $1,000,000 and Up | 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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