AUS ARCHIVED March 2016 | Page 6

Market Action Report

Burnet

County: Burnet

Agent Name

Market Action Report

County: Burnet

March 2016

Title
Phone
Agent Name
Website
TitleOther
Phone
Trending versus*:
Website
Month
LM L3M PYM
LY
Other
$454,950
1%
21%

March 2016

Community Information | School District

Price Range: All | Properties: SFH - Con

Market Profile & Trends Overview
Price
Range: AllList
| Properties:
SFH
Median
Price
of- Con
all Current Listings

Trending versus*:
Prior YTD Prior Year

YTD

versus*:
Trending versus*:
$664,830 Trending
0%
17%
LM L3M PYM
LY
YTD
Prior YTD Prior Year
$212,000 -26% -18% -1% -13%
$263,500
23%
8%
$454,950 1%
21%
$295,893 -8% -13% 7% -8%
$345,613
13%
7%
$664,830 0%
17%
$212,000 278
-26% 6%
-18% -1% 13%
-13%
$263,500
23%
8%
25 14%
71
9% 7%
$295,893 -8%
-13% 7% -14%
-8%
$345,613
13%
March
AverageCurrently
Days on Market
107 -12%
-2%
Total
Properties
for Sale (Solds)
(Inventory)
278 88
6% -21% -21%
13% 14% -19%
Asking
Price per
Square Foot
(based on New Listings)
$192
6%
March
Number
of Properties
Sold
25
14%-20% -9%
-14% 1% -5%
71 $2159% 0%
MarchAverage
Sold Price
$156
5%
March
Daysper
onSquare
Market Foot
(Solds)
88
-21% 2%
-21% -2%
14% 17%
-19% 2%
107 $160
-12% 23% -2%
MarchPrice
Month's
SupplyFoot
of Inventory
Asking
per Square
(based on New Listings)
$192 11.1
-20% -7%
-9% 1%
1% 32%
-5% 19% $215 11.0
0% -5% 6% 18%
MarchSold
SalePrice
Priceper
vsSquare
List Price
1%
March
FootRatio
$15690.7%
2% ####
-2% ####
17% -.5%
2% -2.1% $160 93.3%
23% 3% 5%
* LM=Last Month / L3M=Last 3 Months / PYM=Same Month Prior Year / LY=Last Year (2015) / YTD = Year-to-date | Arrows indicate if Month / YTD values are higher (up), lower (down) or unchanged (flat)
March
Month's Supply of Inventory
11.1 -7% 1% 32% 19%
11.0
-5%
18%
March Sale Price vs List Price Ratio
90.7% #### #### -.5% Number
-2.1%
3%Sold 1%
of 93.3%
Properties

Average List Price of all Current Listings
Market Profile & Trends Overview
March Median Sales Price
Median List Price of all Current Listings
March Average Sales Price
Average List Price of all Current Listings
Total Properties Currently for Sale (Inventory)
March Median Sales Price
MarchAverage
Number
of Properties
Sold
March
Sales
Price

Month

3 Mo Avg

* LM=Last Month / L3M=Last 3 Months / PYM=Same Month Prior Year / LY=Last Year (2015) / YTD = Year-to-date | Arrows indicate if Month / YTD values are higher (up), lower (down) or unchanged (flat)

Property Sales

60
March Property sales were 25, down 13.8% from 29 in March of
2015 and 13.6% higher than the 22 sales last month. March
Property Sales
60 50
2016 sales were at their lowest level compared to March of 2015
March Property sales were 25, down 13.8% from 29 in March of
and
2014.
March
YTD
sales
of
71
are
running
9.2%
ahead
of
last
2015 and 13.6% higher than the 22 sales last month. March
50 40
year's
year-to-date
sales
of 65.
2016
sales
were at their
lowest
level compared to March of 2015
and 2014. March YTD sales of 71 are running 9.2% ahead of last
40 30
year's year-to-date sales of 65.

Number of Properties Sold

3 Mo Avg

30 20

289
309
289
331
309
332
331331
331332

25

25

22

24

30

40

34

38

50

38

43

22

29

20

16

20

31

51

30

43

24

Total Inventory & Month's Supply of Inventory (MSI)
Total Inventory & Month's Supply of Inventory (MSI)

200

20.0
15.0

10.0
150
150
A comparatively lower MSI is more beneficial for sellers while a
A comparatively lower MSI is more beneficial for sellers while a 100 100
higher MSI is better for buyers. The March 2016 MSI of 11.1
5.0
higher MSI is better for buyers. The March 2016 MSI of 11.1
months was at its highest level compared with March of 2015 50 50
months was at its highest level compared with March of 2015
0
and 2014.
0
0.0
and 2014.
S D
O N
M JA JMA J S J O AN SD OJ NF DM JA M
F MJ AJ M
A M AJ MJ JA JS A
O N
J FD MJ AF M
A SJ OJ NA DS JO FN MD J F M
13
14
15
16
13
14
15
16

.

Copyright
© Coldwell
Banker | Price
Range: All | Property
Types:
- Con
Copyright
© Coldwell
SFH -SFH
c o lBanker
d w| Price
e l Range:
l b aAlln| kProperty
e r Types:
hom
e Con
s com
Data
provided
courtesy
of Fort
Hood
Association
of REALTORS,
of REALTORS
and
notall
reflect
all relevant
realactivity.
estate Coldwell
activity. Banker
Coldwell Banker
Data
is is
provided
courtesy
of Fort
Hood
AreaArea
Association
of REALTORS,
AustinAustin
BoardBoard
of REALTORS
and may
notmay
reflect
relevant
real estate

6 |

22

24

19

30

40

34

38

50

38

43

22

29

20

16

20

31

51

30

43

24

30

32

30

17

21

23

21

23

18

36

31

30

27

30

30

32

30

30

17

21

23

21

23

18

36

31

19

3 Mo Avg

231
264
240
290
245300
264
304
303
290
285 300
268 304
272 303
240
285
239 268
263272
278
240
239
263
278

200

Median Sales Price and Average Sales Price

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
14 A M J J A S O N D J F M15A M J J A S O N D J F M 16
A M13J J A S O N D J F M
13
14
15
16

Inventory & MSI
Inventory
& MSI of Properties available for sale as of March
The Total Inventory
The
of Properties
for up
sale13.5%
as of from
March
wasTotal
278,Inventory
up 5.7% from
263 last available
month and
245 in 350
was
278,of
uplast
5.7%
fromMarch
263 last
month
and up was
13.5%
in 350 300
March
year.
2016
Inventory
at from
a mid245
level
March
of lastwith
year.March
March
300
compared
of2016
2015Inventory
and 2014.was at a mid level
250
compared with March of 2015 and 2014.
250

30

600
550
500
450
400
350
300
250
200
150
100

302 331
287
331
260 302
261 287
263
260
283
261
297
263
306
283
318
297
326
306
313
318
297
326
268
313
254
297
228
231 268
240 254
228
245

Prices

The Median Sales Price in March was $212,000, down 0.7%
Prices
from $213,500 in March of 2015 and down 25.7% from
The
Median last
Sales
Price inThe
March
was $212,000,
down
0.7% was
$285,500
month.
Average
Sales Price
in March
600
from $213,500 in March of 2015 and down 25.7% from
$295,893, up 7.5% from $275,303 in March of 2015 and down 550
$285,500 last month. The Average Sales Price in March was
7.7% from $320,584 last month. March 2016 ASP was at a mid500
$295,893, up 7.5% from $275,303 in March of 2015 and down
range compared to March of 2015 and 2014.
7.7% from $320,584 last month. March 2016 ASP was at a mid 450
400
range compared to March of 2015 an