AUS ARCHIVED September 2016 | Page 11

Market Action Report

September 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 September was 45, down 2.2%
from 46 days last month and down 8.2% from 49 days in
September of last year. The September 2016 DOM was at its
lowest level compared with September of 2015 and 2014.

3 Mo Avg

90
80
70
60

49

50

49

45

40
30
20
10
0
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 D J F M A M J J A S
13
14
15
16

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 September 2016 Selling Price per Square Foot of $131 was
down 3.1% from $135 last month and down 0.2% from 132 in
September of last year.

150
145
140
135
130
125
120
115
110
105
100

3 Mo Avg

132

131

119

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 D J F M A M J J A S
13
14
15
16

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 September 2016 Selling Price vs
Original List Price of 96.9% was down from 97.1% last month
and up from 96.4% in September of last year.

3 Mo Avg

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

99%
98%
97%
96%

96.9%

96.4%

96.0%

95%
94%
93%
92%
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 D J F M A M J J A S
13
14
15
16

Inventory / New Listings / Sales

Inventory / New Listings / Sales

825

779

821

812

771

728

658

622

612

682

614

728

707

727

705

675

664

638

597

595

644

605

795

735

837

786

747

676

647

615

602

500

613

600

677

700

708

800

825

900

648

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 September 2016 was 283, down 15.3% from 334 last
month and down 3.1% from 292 in September of last year.

400
300
200
100
0
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 D J F M A M J J A S
13
14
15
16
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.

c o l dw el l b a n k er h o m es.c o m

| 11