AUS ARCHIVED November 2016 | Page 11

Market Action Report

November 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 November was 63, up 18.9% from
53 days last month and up 14.5% from 55 days in November of
last year. The November 2016 DOM was at a mid level compared
with November of 2015 and 2014.

3 Mo Avg

90
80
70

63

60

60

55

50
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 November 2016 Selling Price per Square Foot of $138 was
up 0.7% from $137 last month and up 3.7% from 133 in
November of last year.

150
145
140
135
130
125
120
115
110
105
100

3 Mo Avg

138
133

121

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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 November 2016 Selling Price vs
Original List Price of 95.7% was down from 95.8% last month
and down from 97.3% in November of last year.

3 Mo Avg

Avg Selling Price divided by Avg Listing Price for sold properties during the month

99%
98%
98%
97%
97%
96%
96%
95%
95%
94%
94%

97.3%
96.4%
95.7%

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Inventory / New Listings / Sales

Inventory / New Listings / Sales

806
696

837

810

824

819

771

727

657

621

611

682

614

728

707

727

705

675

664

638

597

595

644

605

795

735

837

786

747

676

647

500

615

600

602

700

708

800

825

900

613

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 November 2016 was 202, down 32.2% from 298 last month
and down 6.5% from 216 in November of last year.

400
300
200
100
0
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Copyright © CB United, Realtors | 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. 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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