AUS ARCHIVED May 2016 | Page 8

Community Information | School District

Hays

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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
$ 419,900
6 %
12 %
Average List Price of all Current Listings
$ 600,079
5 %
-3%
May Median Sales Price
$ 240,789
-5%
-2%
-2%
2 %
$ 243,572
4 %
3 %
May Average Sales Price
$ 314,072
3 %
1 %
-3%
3 %
$ 311,314
2 %
2 %
Total Properties Currently for Sale ( Inventory )
743
4 %
12 %
May Number of Properties Sold
286
3 %
5 %
1,144
3 %
May Average Days on Market ( Solds )
43
-25% -26% -10% -22%
58
-12%
5 %
Asking Price per Square Foot ( based on New Listings )
$ 150
-10%
-3%
-3%
-1%
$ 157
5 %
3 %
May Sold Price per Square Foot
$ 139
5 %
2 %
1 %
5 %
$ 136
5 %
3 %
May Month ' s Supply of Inventory
2.6
1 %
1 %
6 %
-8%
3.1
8 %
9 %
May Sale Price vs List Price Ratio
97.6 %
. 0 %
. 6 %
-. 3 %
. 6 %
97.0 %
-0%
-0%
* 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 May Property sales were 286 , up 5.1 % from 272 in May of 2015 and 3.2 % higher than the 277 sales last month . May 2016 sales were at a mid level compared to May of 2015 and 2014 . May YTD sales of 1,144 are running 3.1 % ahead of last year ' s year-todate sales of 1,110 .
Prices The Median Sales Price in May was $ 240,789 , down 1.7 % from $ 244,950 in May of 2015 and down 4.8 % from $ 253,000 last month . The Average Sales Price in May was $ 314,072 , down 3.3 % from $ 324,699 in May of 2015 and up 2.9 % from $ 305,088 last month . May 2016 ASP was at the lowest level compared to May of 2015 and 2014 .
350
400 300
350 250
300 200
250 150
200 100
150
50 100 50 0
400
0
Number of Properties Sold
229 268 295 237 212 150 174 129 165 217 234 311 291 304 247 237 224 182 247 172 184 233 249 272 303 336 280 234 227 170 252 147 175 259 277 286
J 13
350 330
350 310
330 290
310
270 290 270
250
250 230
230 210
210 190
190 170
170 150
150 J 13
229
J
268 295 237 212 150
13
J
A
S
O N D
J
14
174 129
J A S O N D J
165 217 234 311 291 304 247 237
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
224
182
3 Mo Avg
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
247 172 184 233 249
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
272 303 336 280 234 227 170 252 147 175 259 277 286
3 Mo Avg
Inventory & MSI The Total Inventory of Properties available for sale as of May was 743 , up 3.8 % from 716 last month and up 11.9 % from 664 in May of last year . May 2016 Inventory was at its highest 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 2.6 months was at its highest level compared with May of 2015 and 2014 .
900 800 700 600 500 400 300 200 100
0
900 800 700 600 500 400 300 200 100
0
795
J 13
Total Inventory & Month ' s Supply of Inventory ( MSI )
788
727 795
707 788
677 727
648 707
613 677
615 648
602 613
647 615
602 676
708 647
676 747 708
786 837 747 825 786
795 837
735 825
644 795
605 735
597 644
595 638
605
597 664
595 675
705 638
727 664
728 675
706 705
681 727
613 728
620 706
610 681
654 613 620
716 743
610
0.0
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
J S O
J
N
A
D
S O J F
N
M
D
A
J M
F M A M
13
14 14
15 15
16 16
654
6.0 5.0
716
4.0 3.0 2.0 1.0
743
6.0 5.0 4.0 3.0 2.0 1.0 0.0
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