AUS ARCHIVED September 2016 | Page 20

Lampasas Community Information | School District

Lampasas 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 66 , down 28.3 % from 92 days last month and down 1.5 % from 67 days in September of last year . The September 2016 DOM was at its lowest level compared with September of 2015 and 2014 .
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Days On Market for Sold Properties
3 Mo Avg
95 67 66
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
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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
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a more normalized indicator on the direction of Property values .
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The September 2016 Selling Price per Square Foot of $ 100 was
down 22.5 % from $ 129 last month and up 3.1 % from 97 in
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September of last year .
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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 92.5 % was down from 93.8 % last month and down from 95.6 % in September of last year .
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 30 , down 16.7 % from 36 last month and equal to 30 in September of last year .
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90 70 50
100 % 98 % 96 % 94 % 92 % 90 % 88 % 86 % 84 % 82 % 80 %
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N D
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F M A M J
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A S O N D
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F M A M J
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A S O N D
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F M A M J
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Selling Price per Square Foot
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Selling Price versus Listing Price Ratio
Inventory / New Listings / Sales
97 100
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N D
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F M A M J
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A S O N D
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F M A M J
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A S O N D
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F M A M J
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A S
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95.6 % 95.6 %
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N D
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F M A M J
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A S O N D
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F M A M J
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A S O N D
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F M A M J
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202 206
193 181 176 170 162
Avg Selling Price divided by Avg Listing Price for sold properties during the month
158 164 166 158
146 131 126 113 122
134 121 118
130
114 127 124 120 115 121 113 110 112 112 105 97
3 Mo Avg
3 Mo Avg
96 110 110
92.5 %
94
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N D
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F M A M J
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A S O N D
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F M A M J
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A S O N D
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F M A M J
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