AUS ARCHIVED September 2016 | Page 13

Market Action Report

September 2016

Burnet

County: Burnet

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 117, down 13.3%
from 135 days last month and down 19.3% from 145 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

200
180
160

145
130

140

117

120
100
80
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
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 $167 was
up 7.4% from $156 last month and up 7.2% from 156 in
September of last year.

3 Mo Avg

190

167

165

170

156

150
130
110
90
70
50
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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
100%
amount that Sellers are agreeing to come down from their
original list price. The lower the ratio is below 100% the more of
95%
a Buyer's market exists, a ratio at or above 100% indicates more
of a Seller's market. The September 2016 Selling Price vs
90%
Original List Price of 89.2% was down from 93.0% last month
and down from 93.8% in September of last year.
85%

3 Mo Avg

Avg Selling Price divided by Avg Listing Price for sold properties during the month
93.8%

91.8%

89.2%

80%
75%
70%
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Inventory / New Listings / Sales

Inventory / New Listings / Sales

286

316

303

303

292

283

281

262

236

270
237

283

266

304

303

301

291

265

246

240

231

297

268

326

313

318

306

297

283

263

254

228

200

261

250

260

300

302

350

287

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 65, up 4.8% from 62 last month
and up 22.6% from 53 in September 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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