AUS ARCHIVED October 2017 | Page 12

Market Action Report October 2017
Community Information | School District
Market Action Report October 2017

County : Burnet

Price Range : All | Properties : SFH - Con
Trending versus *:
Trending versus *:
Market Profile & Trends Overview
Month
LM
L3M
PYM
LY
YTD
Prior YTD
Prior Year
Median List Price of all Current Listings
$ 569,900
6 %
22 %
Average List Price of all Current Listings
$ 759,539
8 %
18 %
October Median Sales Price
$ 333,000
-19%
2 %
-9%
22 %
$ 299,900
9 %
10 %
October Average Sales Price
$ 403,286
-47% -18% -3%
14 %
$ 404,010
12 %
15 %
Total Properties Currently for Sale ( Inventory )
229
-8%
-12%
October Number of Properties Sold
39
8 %
-13%
419
12 %
October Average Days on Market ( Solds )
76 -37% -28% -37% -28%
106
-2%
0 %
Asking Price per Square Foot ( based on New Listings )
$ 271
25 %
23 %
45 %
31 %
$ 211
4 %
2 %
October Sold Price per Square Foot
$ 185
-24% -3%
-4%
17 %
$ 177
9 %
11 %
October Month ' s Supply of Inventory
5.9 -15% -9%
2 %
-23%
7.2
-12%
-7%
October Sale Price vs List Price Ratio
92.4 % -1.2% -. 8 %
. 1 %
-1.5%
93.9 %
0 %
0 %
* LM = Last Month / L3M = Last 3 Months / PYM = Same Month Prior Year / LY = Last Year ( 2016 ) / YTD = Year-to-date
Property Sales
80
October Property sales were 39 , down 13.3 % from 45 in October of 2016 and 8.3 % higher than the 36 sales last month . October
70
Number of Properties Sold
3 Mo Avg
Property
2017 sales Sales were at their lowest level compared to October of
October
2016 and Property 2015 . sales October were YTD 39 , down sales of 13.3 419 % from are running 45 October 12.0 % of ahead 2016 and of last 8.3 year % higher ' s year-to-date than the 36 sales sales of last 374 month . . October
80
70
60
50
2017 sales were at their lowest level compared to October of
2016 and 2015 . October YTD sales of 419 are running 12.0 %
60
40
ahead of last year ' s year-to-date sales of 374 .
50
30
40
20
30
10
20
0
10
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 J
J
A S O
0
14
15
16
17
Prices
N
D
J
F M A M J
J
AMedian S O N DSales
J
F MPrice A M and J
J AAverage S O N D Sales
J
F MPrice A M J
The Median Sales Price in October was $ 333,000 , down 8.8 %
14
15
16
17
800
Prices from $ 365,000 in October of 2016 and down 18.6 % from
Median Sales Price and Average Sales Price
The
$ 409,000 Median last Sales month Price . in The October Average was Sales $ 333,000 Price , down in October 8.8 % was
700
800 from
$ 403,286 $ 365,000 , down in October 3.2 % from of 2016 $ 416,486 and down in October 18.6 % from of 2016 and
$ down 409,000 46.7 last % from month $ . 756,978 The Average last month Sales Price . October in October 2017 ASP was was
600
700
J
A S O
3 Mo Avg
3 Mo Avg
$ at 403,286 a mid , range down compared 3.2 % from to $ 416,486 October in of October 2016 and of 2016 2015 and . down 46.7 % from $ 756,978 last month . October 2017 ASP was
600
500
at a mid range compared to October of 2016 and 2015 .
500
400
400 300
300 200

Burnet

31 20 16 20 29 22 43 38 52 38 34 40 31 19 24 23 27 46 37 44 52 40 36 45 48 40 13 24 45 53 48 70 49 42 36 39
200 100 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 J J A S O
100 14 15
16
17 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 J J A S O 14 15
16 17
Inventory & MSI
Total Inventory & Month ' s Supply of Inventory ( MSI )
Inventory The Total Inventory
& MSI of Properties available for sale as of
Total Inventory & Month ' s Supply of Inventory ( MSI )
The October Total Inventory was 229 , down of Properties 8.4 % from available 250 last for sale month as of and down 350
20.0
October 11.9 % from was 229 260 , down in October 8.4 % from of last 250 year last . October month and 2017 down Inventory 350 300 20.0
11.9 was % at from its lowest 260 in October level compared of last year with . October 2017 of 2016 Inventory and 2015300 .
250 15.0 was at its lowest level compared with October of 2016 and 2015 . 250
15.0 200
10.0
200 150
10.0 A comparatively lower MSI is more beneficial for sellers while a 150 100 A higher comparatively MSI is better lower for MSI buyers is more . The beneficial October for 2017 sellers MSI while of 5.9 a
5.0 100 higher MSI is better for buyers . The October 2017 MSI of 5.9 5.0 months was at a mid level compared with October of 2016 and 50 months was at a mid level compared with October of 2016 and 50
2015 . 0
0.0
2015 .
0 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 J J A0.0S O N D14J
F 15 M A M J J A S O N D J F M16A M J J A S O N D J F M 17 A M J J A S O
14 15 16
17
255
31 20 16
Agent Name
Title Phone Website Other

Community Information | School District

20 29 22 43 292
229
232 255
241 229
248 232
267 241
248 292
303 267 306
38 303 305
52 306 285
38 305
269 273
34 285
241 40 269
Number of Properties Sold
242 31
273
19 24
268 241 287 242 289
23 27 46 37 44 52 40 36 45 48 40 13 24 45 53 48
268 297
287
306 289 318 308
297
294
306
260 318
238 308
230 294
228 260
218 238
253 230
256 228
218 264
280 253
275 256
273 264 250 280
229 275
70 273
49 250
3 Mo Avg
42
229 36 39
Copyright © CB United , Realtors | Price Range : All | Property Types : SFH - Con
12 | c o l d w e l l b a n k e r h o m e s . c o m
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 .