AUS ARCHIVED March 2016 | Page 13

Market Action Report County: Williamson March 2016 Williamson Agent Name Title Phone Website Other Community Information | School District Price Range: All | 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 March was 54, down 12.9% from 62 days last month and equal to 54 days in March of last year. The March 2016 DOM was at a mid level compared with March of 2015 and 2014. 3 Mo Avg 70 60 54 54 47 50 40 30 20 10 0 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 J A S O N D J F M 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 pr