AUS ARCHIVED May 2017 | Page 18

Market Action Report May 2017 County: Coryell CORYELL 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 0, up from 0 days last month and up from 0 days in May of last year. The May 2017 DOM was at its lowest level compared with May of 2016 and 2015. 3 Mo Avg 250 200 150 100 50 0 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 14 15 16 17 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 $0 was up from $0 last month and up from 0 in May of last year. 3 Mo Avg 600 595 590 585 580 575 570 565 560 555 550 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 14 15 16 17 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 0.0% was up from 0.0% last month and up from 0.0% in May of last year. 3 Mo Avg Avg Selling Price divided by Avg Listing Price for sold properties during the month 75% 74% 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 14 15 16 17 Inventory / New Listings / Sales Inventory / New Listings / Sales 3 2 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 0, up from 0 last month and up from 0 in May of last year. 2 1 0 1 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 14 15 16 17 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. 18 | coldwellbankerluxury.com