AUS ARCHIVED November 2016 | Page 20

Lampasas Community Information | School District

Lampasas Community Information | School District

Days On Market for Sold Properties
3 Mo Avg
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 , down 4.5 % from 66 days last month and down 24.1 % from 83 days in November of last year . The November 2016 DOM was at its lowest level compared with November of 2015 and 2014 .
250
200
150
100
78 83
63
50
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
190
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
170
more normalized indicator on the direction of Property values .
The November 2016 Selling Price per Square Foot of $ 88 was up
150
3.7 % from $ 85 last month and up 2.4 % from 86 in November of
130
last year .
110
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 94.9 % was up from 93.4 % last month and up from 93.9 % in November of last year .
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 November 2016 was 26 , down 3.7 % from 27 last month and up 4.0 % from 25 in November of last year .
0
90 70 50
100 % 98 % 96 % 94 % 92 % 90 % 88 % 86 % 84 % 82 % 80 %
250
200
150
100
50
D J 13 14
D J 13 14
193
D J 13 14
181 176
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 J
J
A
S O N
15
16
Selling Price per Square Foot
98
Selling Price versus Listing Price Ratio
Inventory / New Listings / Sales
86 88
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 J
J
A
S O N
15
16
92.1 %
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 J
J
A S O N
15
16
170 162 158 164
Avg Selling Price divided by Avg Listing Price for sold properties during the month
166 158
146 131 126 113 122
134 121 118
130
114 127 124 120 115
93.9 %
121 113 110
3 Mo Avg
3 Mo Avg
112 112 105 97 97 111 111 96
94.9 %
85 87
0 D J 13 14
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 J
J
A
S O N
15
16