AUS ARCHIVED March 2016 | Page 20

Market Action Report

March 2016

Coryell

County: Coryell

Agent Name
Title
Phone
Website
Other

Community Information | School District
Price Range: All | Properties: SFH - Con

Days On Market for Sold Properties

3 Mo Avg

Market Time

140
The average Days On Market (DOM) shows how many days the
average Property is on the market before it sells. An upward
120
trend in DOM tends to indicate a move towards more of a
100
Buyer's market, a downward trend a move towards more of a
Seller's market. The DOM for March was 76, down 15.6% from
90 days last month and down 8.4% from 83 days in March of last 80
year. The March 2016 DOM was at its lowest level compared
60
with March of 2015 and 2014.

106
83

76

40
20
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
100
direction of Property values. Since Median Sales Price and
95
Average Sales price can be impacted by the 'mix' of high or low
90
end Properties in the market, the selling price per square foot is a
85
more normalized indicator on the direction of Property values.
The March 2016 Selling Price per Square Foot of $73 was up
80
6.8% from $69 last month and up 15.7% from 63 in March of last
75
year.
70
65
60
55
50

3 Mo Avg

73
63
59

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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 March 2016 Selling Price vs Original
List Price of 95.8% was up from 92.9% last month and up from
94.6% in March of last year.

3 Mo Avg

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

98%

95.8%

96%

94.6%

94%
92%

89.8%

90%
88%
86%
84%
82%

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Inventory / New Listings / Sales

Inventory / New Listings / Sales

400

260

265

258

250

281

261

287

278

312

284

277

275

273

245

233

250

223

200

280

308

297

308

302

308

309

303

308

307

326

302

323

322

340

315

250

338

300

327

350
323

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 March 2016 was 76, down 3.8% from 79 last month and down
26.2% from 103 in March of last year.

150
100
50
0
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Copyright © Coldwell Banker | Price Range: All | 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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