AUS ARCHIVED May 2016 | Page 7

Market Action Report

May 2016

Burnet

County: Burnet

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 May was 100, down 9.1% from 110
days last month and up 13.6% from 88 days in May of last year.
The May 2016 DOM was at a mid level compared with May of
2015 and 2014.

3 Mo Avg

200
180

152

160
140
120

100

88

100
80
60
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
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 $181 was up
29.3% from $140 last month and up 16.1% from 156 in May of
last year.

3 Mo Avg

182

190

181

170

156

150
130
110
90
70
50
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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 May 2016 Selling Price vs Original List
Price of 94.7% was up from 93.7% last month and up from 92.7%
in May of last year.

3 Mo Avg

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

100%
95%

94.7%

92.7%

92.6%

90%
85%
80%
75%
70%
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Inventory / New Listings / Sales

Inventory / New Listings / Sales

288

280

280

262

236

270
237

283

266

304

303

300

290

264

245

240

231

254

228

297

268

326

313

318

331

306

297

283

263

261

287

260

200

302

250

332

300

331

350
331

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 75, up 23.0% from 61 last month and down
2.6% from 77 in May 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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