HAYS
Community Information | School District
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 146 , down 9.9 % from 162 days last month and up 668.4 % from 19 days in May of last year . The May 2017 DOM was at a mid level compared with May of 2016 and 2015 .
1,200
1,000
800
600
400
Days On Market for Sold Properties
3 Mo Avg
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 $ 292 was down 5.6 % from $ 309 last month and down 36.2 % from 457 in May of last year .
200
0
-200
2,200
1,700
1,200
29 19
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 |
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15 |
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16 |
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17 |
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Selling Price per Square Foot
1,125
3 Mo Avg
146
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 82.8 % was down from 91.7 % last month and down from 98.0 % in May of last year .
700
200
120 % 100 % 80 % 60 % 40 % 20 %
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A S O N D |
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F M A M J |
J |
A S O N D |
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F M A M J |
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A S O N D |
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F M A M |
14 |
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15 |
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16 |
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17 |
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457
Selling Price versus Listing Price Ratio Avg Selling Price divided by Avg Listing Price for sold properties during the month
93.0 %
98.0 %
3 Mo Avg
292
82.8 %
Inventory / New Listings / Sales 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 21 , down 12.5 % from 24 last month and up 31.3 % from 16 in May of last year .
90 80 70 60 50 40 30 20 10 0
0 %
59
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F M A M J |
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14 |
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15 |
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16 |
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17 |
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58 69 68 67
61 65 65 63 64
71
Inventory / New Listings / Sales
66 64 65 65 66
62
51 48 50 52
47 60
69 64
70
74 78 75
71
67 62 61 61
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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 |
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S O N D |
J |
F M A M |
14 |
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15 |
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16 |
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17 |
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74 84
Coldwell Banker Global Luxury SM | 9