AUS ARCHIVED June 2016 | Page 9

Market Action Report June 2016 Hays County: Hays 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 90, up 373.7% from 19 days last month and down 21.1% from 114 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 1,200 1,000 800 600 400 209 200 114 90 0 -200 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 2,650 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 2,150 more normalized indicator on the direction of Property values. The June 2016 Selling Price per Square Foot of $367 was down 1,650 19.6% from $457 last month and down 21.4% from 467 in June of last year. 1,150 650 3 Mo Avg 467 444 367 150 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 88.3% was down from 98.0% last month and down from 92.4% in June of last year. 3 Mo Avg Avg Selling Price divided by Avg Listing Price for sold properties during the month 120% 100% 92.4% 85.2% 88.3% 80% 60% 40% 20% 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 Inventory / New Listings / Sales Inventory / New Listings / Sales 70 64 62 53 49 51 52 49 67 63 65 65 64 71 66 64 63 66 65 69 63 61 50 48 50 48 46 47 48 46 40 57 50 58 60 60 71 70 70 80 55 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 7, down 56.3% from 16 last month and down 22.2% from 9 in June of last year. 30 20 10 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: $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. c o l dw el l b a n k er h o m es.c o m | 9