AUS ARCHIVED May 2016 | Page 9
Market Action Report
May 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 May was 43, down 24.6% from 57
days last month and down 10.4% from 48 days in May of last
year. The May 2016 DOM was at its lowest level compared with
May of 2015 and 2014.
3 Mo Avg
90
80
70
60
48
50
48
43
40
30
20
10
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 $139 was up 4.7%
from $133 last month and up 1.4% from 137 in May of last year.
3 Mo Avg
149
150
145
140
135
130
125
120
115
110
105
100
139
137
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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 97.6% was equal to 97.6% last month and down from
97.9% in May of last year.
3 Mo Avg
Avg Selling Price divided by Avg Listing Price for sold properties during the month
99%
98.1%
97.9%
98%
97.6%
97%
96%
95%
94%
93%
92%
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Inventory / New Listings / Sales
Inventory / New Listings / Sales
743
716
654
620
610
681
613
728
706
727
705
675
664
638
597
595
644
605
795
735
837
786
747
708
676
647
615
602
613
677
648
500
727
600
707
700
795
800
825
900
788
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 385, down 9.0% from 423 last month and up
1.6% from 379 in May of last year.
400
300
200
100
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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