AUS ARCHIVED March 2016 | Page 9

Market Action Report

March 2016

Hays

County: Hays

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 63, down 20.3% from
79 days last month and down 19.2% from 78 days in March of
last year. The March 2016 DOM was at its lowest level compared
with March of 2015 and 2014.

90

3 Mo Avg

78

80
65

70

63

60
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 price per square foot is a
more normalized indicator on the direction of Property values.
The March 2016 Selling Price per Square Foot of $134 was down
2.4% from $137 last month and up 2.1% from 131 in March of
last year.

150
145
140
135
130
125
120
115
110
105
100

3 Mo Avg

134

131

113

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 96.8% was up from 95.4% last month and down
from 97.2% in March of last year.

3 Mo Avg

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

99%
98%

97.2%

97%

96.8%

96.2%

96%
95%
94%
93%
92%
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

634

617

604

680

612

727

705

727

705

675

664

638

597

595

644

605

795

735

837

786

747

708

676

647

615

602

613

795

727

677

648

500

707

600

788

700

775

800

825

900
764

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 389, up 45.7% from 267 last month and up
33.7% from 291 in March of last year.

400
300
200
100
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
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.

c o l dw el l b a n k er h o m es.c o m

| 9