Market Action Report
March 2016
Burnet
County: Burnet
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 88, down 21.4% from
112 days last month and up 14.3% from 77 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
200
180
160
131
140
120
100
88
77
80
60
40
20
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 price per square foot is a
more normalized indicator on the direction of Property values.
The March 2016 Selling Price per Square Foot of $156 was up
2.5% from $153 last month and up 16.7% from 134 in March of
last year.
3 Mo Avg
190
170
156
140
150
134
130
110
90
70
50
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 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 March 2016 Selling Price vs Original
List Price of 90.7% was down from 95.3% last month and down
from 91.2% in March of last year.
3 Mo Avg
Avg Selling Price divided by Avg Listing Price for sold properties during the month
100%
95%
91.2%
90.2%
90.7%
90%
85%
80%
75%
70%
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
Inventory / New Listings / Sales
Inventory / New Listings / Sales
278
263
239
272
240
285
268
304
303
300
290
264
245
240
231
254
228
297
268
326
313
318
331
332
331
306
297
283
263
261
287
260
200
302
250
331
300
309
350
(