Community Information | School District
Burnet
Agent Name
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Community Information | School District
Trending versus *: |
Trending versus *: |
Market Profile & Trends Overview |
Month |
LM |
L3M |
PYM |
LY |
YTD |
Prior YTD |
Prior Year |
Median List Price of all Current Listings |
$ 469,945 |
1 % |
|
25 % |
|
|
|
|
Average List Price of all Current Listings |
$ 656,084 |
2 % |
|
16 % |
|
|
|
|
May Median Sales Price |
$ 279,950 |
10 % |
6 % |
4 % |
14 % |
$ 265,000 |
26 % |
8 % |
May Average Sales Price |
$ 451,014 |
39 % |
26 % |
18 % |
40 % |
$ 367,611 |
10 % |
14 % |
Total Properties Currently for Sale ( Inventory ) |
288 |
3 % |
|
-1% |
|
|
|
|
May Number of Properties Sold |
34 |
-23% |
|
-21% |
|
151 |
16 % |
|
May Average Days on Market ( Solds ) |
100 |
-9% |
-4% |
14 % |
-8% |
107 |
-1% |
-2% |
Asking Price per Square Foot ( based on New Listings ) |
$ 181 |
-5% |
-9% |
2 % |
-10% |
$ 201 |
-1% |
0 % |
May Sold Price per Square Foot |
$ 181 |
29 % |
15 % |
16 % |
18 % |
$ 159 |
15 % |
4 % |
May Month ' s Supply of Inventory |
8.5 |
33 % |
-1% |
26 % |
-9% |
9.4 |
-13% |
0 % |
May Sale Price vs List Price Ratio |
94.7 % |
1.1 % 1.0 % 2.2 % |
2.2 % |
93.8 % |
2 % |
1 % |
* 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 )
3 Mo Avg
Property Sales |
60 |
May Property sales were 34 , down 20.9 % from 43 in May of |
2015 and 22.7 % lower than the 44 sales last month . May 2016 sales were at a mid level compared to May of 2015 and 2014 . |
50 |
May YTD sales of 151 are running 16.2 % ahead of last year ' s yearto-date sales of 130 . |
40 |
|
60
50
40
30
|
Number of Properties Sold |
3 Mo Avg |
30 |
20 |
|
|
20 |
10 |
|
|
Prices The Median Sales Price in May was $ 279,950 , up 3.7 % from $ 270,000 in May of 2015 and up 10.5 % from $ 253,450 last month . The Average Sales Price in May was $ 451,014 , up 17.8 % from $ 382,749 in May of 2015 and up 39.4 % from $ 323,473 last month . May 2016 ASP was at a mid range compared to May of 2015 and 2014 .
10
0
600 550 500 450 400 350 300 250 200 150 100
0
30 31 36 18 23 21 23 21 17 30 30 32 30 24 43 30 51 31 20 16 20 29 22 43 38 50 38 34 40 30 19 24 23 26 44 34
J 13
600 550 500 450 400 350 300 250 200 150 100
J 13
30
J
31 36 18 23 21 23
21
J A S O N D J
17 30 30 32 30 24 43 30
14 |
|
|
|
|
|
|
F M A M |
J |
J |
A |
S |
O N D |
J |
|
|
|
|
|
|
15 |
15 |
|
|
|
|
|
|
F M A M |
J |
J |
A |
S |
O N D |
J |
|
|
|
|
|
|
16 |
Median Sales Price and Average Sales Price
51 31 20
3 Mo Avg
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 A M |
|
J
13A
|
S |
O N D |
J 14 |
F
14 M A M J
|
J |
A |
S |
O N D |
J 15 |
F M15A M J |
J |
A |
S |
O N D |
J 16 |
F M A16M |
16 20 29 22
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 A M |
|
|
|
|
|
|
|
|
|
|
|
|
|
16 |
|
F M A M |
43 38 50 38 34 40 30 19 24 23 26 44 34
3 Mo Avg
Inventory & MSI The Total Inventory of Properties available for sale as of May was 288 , up 2.9 % from 280 last month and down 0.7 % from 290 in May of last year . May 2016 Inventory was at its lowest level compared with May of 2015 and 2014 .
A comparatively lower MSI is more beneficial for sellers while a higher MSI is better for buyers . The May 2016 MSI of 8.5 months was at a mid level compared with May of 2015 and 2014 .
Total Inventory & Month ' s Supply of Inventory ( MSI )
350
350 20.0
300
300 250
250 15.0
200 200
150 10.0
150 100
100 5.0
50 50
0 0
0.0
J J
J A
J S
A O
S N
O D
N J
D F M
J
A
F M
J
A
J
M
A
J S
J O
A N
S D
O J
N F
D M
J A
F M
M J
A J
M A S
J
O
J
N
A
D
S O J F
N
M
D
A
J M
F M A M
13 13
14 14
15 15
16 16
331
332
331 331
331 332
302 331
287 331
260 302
261 287
263 260
283 261
263 297
306 283
318 297 326
306 313
318 297
326 268
313 254
297 228
268 231
254
240 245
228 231 264
240 290
245 300
264 304
303 290
283 300
266 304
270 303
237 283
236 266
262 270
237 280 236
280 288 262 280 280 288
20.0
15.0
10.0
5.0
0.0
c o l d w e l l b a n k e r h o m e s . c o m | 17