AUS ARCHIVED September 2016 | Page 18

Coryell Community Information | School District

Coryell Community Information | School District

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 90 , up 45.2 % from 62 days last month and up 26.8 % from 71 days in September of last year . The September 2016 DOM was at a mid level compared with September of 2015 and 2014 .
140 120 100 80 60 40
Days On Market for Sold Properties
74
71
3 Mo Avg
90
20
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 $ 74 was down 4.1 % from $ 77 last month and down 10.5 % from 83 in September of last year .
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
98 %
original list price . The lower the ratio is below 100 % the more of
96 %
a Buyer ' s market exists , a ratio at or above 100 % indicates more of a Seller ' s market . The September 2016 Selling Price vs
94 %
Original List Price of 95.7 % was up from 94.0 % last month and
92 %
up from 90.3 % in September of last year .
90 %
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 September 2016 was 88 , down 17.0 % from 106 last month and up 7.3 % from 82 in September of last year .
0
100 95 90 85 80 75 70 65 60 55 50
88 % 86 % 84 % 82 %
350 300 250 200
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
66
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
94.3 %
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
324
328 304 310 311 312 306
Avg Selling Price divided by Avg Listing Price for sold properties during the month
311 313 307
Inventory / New Listings / Sales
302 313 317
285
254 227 237 249 279 277 281 288 291
83
90.3 %
282
285 266 254 269 264 270 278 274
3 Mo Avg
3 Mo Avg
270 252 255
74
95.7 %
245
150 100 50 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
18 | c o l d w e l l b a n k e r h o m e s . c o m