HOU ARCHIVED April 2017 | Page 21

Market Action Report
April 2017
Liberty
County: Liberty
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 April was 79, up 33.9% from 59
days last month and up 16.2% from 68 days in April of last year.
The April 2017 DOM was at a mid level compared with April of
2016 and 2015.
3 Mo Avg
250
200
150
100
84
79
68
50
0
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 O N D J F M A
14
15
16
17
Selling Price per Square Foot
Selling Price per Square Foot
The Selling Price per Square Foot is a great indicator for the
100
direction of Property values. Since Median Sales Price and
95
Average Sales price can be impacted by the 'mix' of high or low
90
end Properties in the market, the selling price per square foot is a
85
more normalized indicator on the direction of Property values.
The April 2017 Selling Price per Square Foot of $96 was up 2.9%
80
from $93 last month and up 16.0% from 83 in April of last year.
75
70
65
60
55
50
3 Mo Avg
96
83
69
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 O N D J F M A
14
15
16
17
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 April 2017 Selling Price vs Original List
Price of 96.0% was up from 93.5% last month and equal to
96.0% in April of last year.
3 Mo Avg
Avg Selling Price divided by Avg Listing Price for sold properties during the month
96.0%
98%
96%
94%
92%
90%
88%
86%
84%
82%
80%
78%
96.0%
8 9.8%
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 O N D J F M A
14
15
16
17
Inventory / New Listings / Sales
Inventory / New Listings / Sales
150
200
250
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 April 2017 was 78, up 18.2% from 66 last month and up 18.2%
from 66 in April of last year.
100
50
0
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 O N D J F M A
14
15
16
17
Copyright © CB United, Realtors | Price Range: All | Property Types: SFH - Con
Data is provided courtesy of Houston Association 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
| 21