HOU ARCHIVED June 2016 | Page 29
Market Action Report
June 2016
Waller
County: Waller
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 77, down 2.5% from 79
days last month and up 63.8% from 47 days in June of last year.
The June 2016 DOM was at a mid level compared with June of
2015 and 2014.
3 Mo Avg
120
100
79
80
77
60
47
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 June 2016 Selling Price per Square Foot of $107 was up 1.9%
from $105 last month and up 23.8% from 86 in June of last year.
150
140
130
120
110
100
90
80
70
60
50
3 Mo Avg
107
93
86
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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 96.8% was up from 93.4% last month and up from
96.0% in June of last year.
3 Mo Avg
Avg Selling Price divided by Avg Listing Price for sold properties during the month
98%
96.8%
96.0%
96%
94.6%
94%
92%
90%
88%
86%
84%
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Inventory / New Listings / Sales
Inventory / New Listings / Sales
250
200
187
172
181
177
171
164
160
159
151
145
132
122
107
97
90
87
95
99
120
120
129
127
131
125
131
110
98
84
50
123
148
146
143
100
143
150
151
200
131
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 66, down 13.2% from 76 last month and up
34.7% from 49 in June of last year.
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.
c o l dw el l b a n k er h o m es.c o m
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