AUS ARCHIVED October 2017 | Page 11

Market Action Report
October 2017
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 October was 57, up 1.8% from 56
days last month and up 5.6% from 54 days in October of last
year. The October 2017 DOM was at a mid level compared with
October of 2016 and 2015.
3 Mo Avg
90
80
70
60
57
54
50
42
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 October 2017 Selling Price per Square Foot of $146 was up
0.3% from $146 last month and up 7.7% from 136 in October of
last year.
200
190
180
170
160
150
140
130
120
110
100
3 Mo Avg
146
136
134
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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 October 2017 Selling Price vs Original
List Price of 96.4% was up from 95.4% last month and up from
95.8% in October 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%
97.0%
96.4%
95.8%
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Inventory / New Listings / Sales
Inventory / New Listings / Sales
400
600
800
1,000
1,200
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 October 2017 was 277, down 10.9% from 311 last month and
down 7.0% from 298 in October of last year.
200
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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