HOU ARCHIVED October 2016 | Page 21

Market Action Report

October 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 October was 68, up 9.7% from 62
days last month and up 21.4% from 56 days in October of last
year. The October 2016 DOM was at a mid level compared with
October of 2015 and 2014.

3 Mo Avg

250
200
150
100
64

68

56

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 October 2016 Selling Price per Square Foot of $76 was down
80
19.9% from $95 last month and up 7.7% from 71 in October of
75
last year.
70
65
60
55
50

3 Mo Avg

76
71

71

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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 October 2016 Selling Price vs Original
List Price of 91.0% was down from 92.3% last month and down
from 91.1% in October 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%

92.9%
91.1%

91.0%

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Inventory / New Listings / Sales

Inventory / New Listings / Sales

219

205

217

215

212

212

211

202

180

185

176

181

184

178

195

190

178

176

203

183

184

150

180

182

217

212

235

214

224

220

292

239

229

200

271

250

292

300

319

350
307

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 October 2016 was 66, down 9.6% from 73 last month and up
26.9% from 52 in October of last year.

100
50
0
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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.

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