Travis Community Information | School District
Travis Community Information | School District
Days On Market for Sold Properties |
3 Mo Avg |
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 May was 42 , down 2.3 % from 43 days last month and up 13.5 % from 37 days in May of last year . The May 2016 DOM was at a mid level compared with May of 2015 and 2014 . |
70 60 50 40 30 |
35 |
37 |
42 |
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20 |
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10 |
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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 May 2016 Selling Price per Square Foot of $ 203 was up 0.8 % from $ 202 last month and up 4.7 % from 194 in May of last year .
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 May 2016 Selling Price vs Original List Price of 98.1 % was equal to 98.1 % last month and down from 98.2 % in May of last year .
0
250 240 230 220 210 200 190 180 170 160 150
100 % 99 % 98 % 97 % 96 % 95 % 94 %
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O N D |
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F M A M |
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13 |
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14 |
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15 |
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16 |
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Selling Price per Square Foot
180
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O N D |
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13 |
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194
Selling Price versus Listing Price Ratio Avg Selling Price divided by Avg Listing Price for sold properties during the month
98.9 %
3 Mo Avg
3 Mo Avg
203
98.2 % 98.1 %
Inventory / New Listings / Sales 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 May 2016 was 2,267 , up 0.5 % from 2,255 last month and up 4.1 % from 2,178 in May of last year .
93 %
5,000 4,500 4,000 3,500 3,000 2,500 2,000 1,500 1,000
500 0
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3,578 3,718 3,781 3,632
3,423
3,098 2,570 2,536 2,649 2,800
Inventory / New Listings / Sales
2,977 3,451
3,708 3,987 4,038 3,839 3,776
3,435 2,948
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2,994 3,032 3,220
3,545 3,769 3,924 4,290 4,204 4,003 3,915
3,512 3,029 3,025 3,149
3,495 3,693 3,681 c o l d w e l l b a n k e r h o m e s . c o m | 11