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
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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
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
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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 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%
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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
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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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