AUS ARCHIVED May 2017 | Page 11

Market Action Report
May 2017
TRAVIS
County: Travis
Agent Name
Title
Phone
Website
Other
Community Information | School District
Price Range: $1,000,000 and Up | 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 92, down 7.1% from 99
days last month and up 2.2% from 90 days in May of last year.
The May 2017 DOM was at a mid level compared with May of
2016 and 2015.
3 Mo Avg
160
140
120
100
92
90
87
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 2017 Selling Price per Square Foot of $420 was down
0.4% from $422 last month and up 7.2% from 392 in May of last
year.
500
480
460
440
420
400
380
360
340
320
300
3 Mo Avg
420
392
380
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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 2017 Selling Price vs Original List
Price of 93.5% was down from 94.7% last month and up from
92.9% in May of last year.
3 Mo Avg
Avg Selling Price divided by Avg Listing Price for sold properties during the month
98%
96%
93.4%
94%
93.5%
92.9%
92%
90%
88%
86%
84%
82%
80%
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Inventory / New Listings / Sales
Inventory / New Listings / Sales
900
300
400
500
600
700
800
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 2017 was 206, down 4.6% from 216 last month and up
24.1% from 166 in May of last year.
200
100
0
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Copyright © CB United, Realtors | Price Range: $1,000,000 and Up | 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. CB United, Realtors
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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