HOU ARCHIVED June 2016 | Page 21

Market Action Report

June 2016

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 June was 70, down 1.4% from 71
days last month and down 34.0% from 106 days in June of last
year. The June 2016 DOM was at its lowest level compared with
June of 2015 and 2014.

3 Mo Avg

250
200
150
106

101

100

70

50
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
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 June 2016 Selling Price per Square Foot of $79 was down
80
6.1% from $84 last month and up 5.4% from 75 in June of last
75
year.
70
65
60
55
50

3 Mo Avg

79
75

72

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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 June 2016 Selling Price vs Original List
Price of 89.6% was down from 92.7% last month and down from
90.4% in June of last year.

3 Mo Avg

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

98%
96%
94%
92%
90%
88%
86%
84%
82%
80%
78%

93.2%
90.4%

89.6%

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Inventory / New Listings / Sales

Inventory / New Listings / Sales

206

204

211

201

180

185

176

181

183

177

195

189

178

176

203

183

184

150

180

182

217

212

235

214

224

220

239

200

229

292

271

307

327

319

292

250

327

300

316

350
301

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 June 2016 was 56, down 30.9% from 81 last month and down
20.0% from 70 in June of last year.

100
50
0
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Copyright © Coldwell Banker | 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. Coldwell Banker
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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