AUS ARCHIVED September 2017 | Page 13

Market Action Report
September 2017
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 120, up 23.7%
from 97 days last month and up 2.6% from 117 days in
September of last year. The September 2017 DOM was at a mid
level compared with September of 2016 and 2015.
3 Mo Avg
200
180
160
145
140
120
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 2017 Selling Price per Square Foot of $245 was
up 37.7% from $178 last month and up 46.5% from 167 in
September of last year.
3 Mo Avg
245
240
220
200
180
167
156
160
140
120
100
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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
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 2017 Selling Price vs
Original List Price of 93.5% was up from 92.4% last month and
up from 89.2% in September of last year.
3 Mo Avg
Avg Selling Price divided by Avg Listing Price for sold properties during the month
98%
96%
93.8%
94%
93.5%
92%
89.2%
90%
88%
86%
84%
82%
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Inventory / New Listings / Sales
Inventory / New Listings / Sales
200
250
300
350
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 2017 was 40, down 13.0% from 46 last
month and down 38.5% from 65 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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