AUS ARCHIVED November 2016 | Page 18

Market Action Report

November 2016

Coryell

County: Coryell

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 69, up 16.9% from
59 days last month and down 40.5% from 116 days in November
of last year. The November 2016 DOM was at its lowest level
compared with November of 2015 and 2014.

3 Mo Avg

140
116

120
100

89

80

69

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
100
direction of Property values. Since Median Sales Price and
95
Average Sales price can be impacted by the 'mix' of high or low
90
end Properties in the market, the selling price per square foot is a
85
more normalized indicator on the direction of Property values.
The November 2016 Selling Price per Square Foot of $75 was up
80
8.7% from $69 last month and up 34.5% from 56 in November of
75
last year.
70
65
60
55
50

3 Mo Avg

75
66

56

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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 96.4% was up from 94.1% last month and
up from 92.3% in November of last year.

3 Mo Avg

Avg Selling Price divided by Avg Listing Price for sol d properties during the month

98%

96.4%

96%
94%

92.3%

92%

90.8%

90%
88%
86%
84%
82%
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Inventory / New Listings / Sales

Inventory / New Listings / Sales

245

243

258

253

269

251

278

274

270

269

264

254

285

266

291

282

288

281

279
249

237

254

277

317

313

302

313

307

311

312

285
227

200

306

250

311

300

310

350
304

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 81, up 1.3% from 80 last month and up
44.6% from 56 in November of last year.

150
100
50
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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