Market Action Report October 2016
Community Information | School District
Market Action Report October 2016
County : Austin
Price Range : All | Properties : SFH - Con
Trending versus *: |
Trending versus *: |
Market Profile & Trends Overview |
Month |
LM |
L3M |
PYM |
LY |
YTD |
Prior YTD |
Prior Year |
Median List Price of all Current Listings |
$ 259,900 |
5 % |
|
30 % |
|
|
|
|
Average List Price of all Current Listings |
$ 295,910 |
8 % |
|
28 % |
|
|
|
|
October Median Sales Price |
$ 248,450 |
59 % |
30 % |
26 % |
46 % |
$ 185,000 |
6 % |
9 % |
October Average Sales Price |
$ 236,480 |
37 % |
16 % |
5 % |
19 % |
$ 195,743 |
-5% |
-1% |
Total Properties Currently for Sale ( Inventory ) |
93 |
-5% |
|
22 % |
|
|
|
|
October Number of Properties Sold |
10 |
11 % |
|
-38% |
|
135 |
-12% |
|
October Average Days on Market ( Solds ) |
109 |
76 % |
88 % |
63 % |
47 % |
74 |
0 % |
0 % |
Asking Price per Square Foot ( based on New Listings ) |
$ 140 |
10 % |
14 % |
35 % |
30 % |
$ 117 |
7 % |
8 % |
October Sold Price per Square Foot |
$ 106 |
13 % |
-1% |
-6% |
5 % |
$ 105 |
4 % |
4 % |
October Month ' s Supply of Inventory |
9.3 -15% 10 % |
96 % |
26 % |
5.9 |
-28% |
-21% |
October Sale Price vs List Price Ratio |
90.6 % -2.2% -3.1% -1.9% -2.8% |
93.0 % |
-0% |
-0% |
* LM = Last Month / L3M = Last 3 Months / PYM = Same Month Prior Year / LY = Last Year ( 2015 ) / YTD = Year-to-date
Property Sales October Property sales were 10 , down 37.5 % from 16 in October
of 2015 and 11.1 % higher than the 9 sales last month . October Property 2016 sales Sales were at their lowest level compared to October of 30
October 2015 and Property 2014 . sales October were YTD 10 , down sales 37.5 of 135 % from are running 16 October 12.3 % of behind 2015 and last 11.1 year % ' higher s year-to-date than the sales 9 sales of last 154 month . . October
25
2016 sales were at their lowest level compared to October of 2015 and 2014 . October YTD sales of 135 are running 12.3 %
20 behind last year ' s year-to-date sales of 154 .
15
30
25
20
15
10
Austin
Agent Name
Title Phone Website Other
Community Information | School District
Number of Properties Sold
Number of Properties Sold
3 Mo Avg
3 Mo Avg
Prices The Median Sales Price in October was $ 248,450 , up 25.8 %
Prices from $ 197,500 in October of 2015 and up 58.8 % from $ 156,500 The last Median month . Sales The Price Average in October Sales Price was $ in 248,450 October , up was 25.8 $ 236,480 % ,
300 from up 5.3 $ 197,500 % from in $ 224,631 October in of 2015 October and of up 2015 58.8 and % from up 36.8 $ 156,500 % from last $ 172,833 month . last The month Average . October Sales Price 2016 in October ASP was was at the $ 236,480 highest , level up compared 5.3 % from to $ October 224,631 of in October 2015 and of 2014 2015 . and up 36.8 % from 250 $ 172,833 last month . October 2016 ASP was at the highest level compared to October of 2015 and 2014 . 200
10
5
0
5
9 18 10 23 24 13 19 17 13 20 14
0 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 M J J A S O 13 14
15
16 N D J F M A M J J AMedian S O N DSales J F MPrice A M and J J AAverage S O N D Sales J F MPrice
A M J J A S O
13 14 15
16 3 Mo Avg
300
Median Sales Price and Average Sales Price
250
200
150
9 18 10 23 24 13 19 17 13 20 14 20 8
20 14
8 14 3 11 11 15 18 17 24 18 21 16 19 16 12 11 15 11 14 17
3 11 11 15 18 17 24 18 21 16 19 16 12 11 15 11 14 17 18 18 9
18 10
3 Mo Avg
18 9 10
150 100
100 50
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 M J J A S O 50
13 14 15
16 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 M J J A S O 13 14
15 16
Inventory & MSI
Total Inventory & Month ' s Supply of Inventory ( MSI )
Inventory The Total Inventory
& MSI of Properties available for sale as of
Total Inventory & Month ' s Supply of Inventory ( MSI )
The October Total Inventory was 93 , down of Properties 5.1 % from available 98 last for month sale as and of up 22.4 % 160
35.0
October from 76 was in October 93 , down of 5.1 last % from year . 98 October last month 2016 and Inventory up 22.4 % was at 160 140
35.0 30.0 from its highest 76 in October level compared of last year with . October October 2016 of 2015 Inventory and 2014 was at . 140 120
30.0 25.0 its highest level compared with October of 2015 and 2014 . 120 100
25.0 20.0
100 80
20.0 15.0
80 60 A comparatively lower MSI is more beneficial for sellers while a
15.0 60
A higher comparatively MSI is better lower for MSI buyers is more . The beneficial October for 2016 sellers MSI while of a 9.3
40 10.0
10.0 higher MSI is better for buyers . The October 2016 MSI of 9.3
40 months was at its highest level compared with October of 2015 20
5.0 months was at its highest level compared with October of 2015 20 5.0 and 2014 . 0
0.0 and 2014 .
0 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 M J J A0.0S O N D13J
F 14 M A M J J A S O N D J F M15A M J J A S O N D J F M 16 A M J J A S O
13 14 15
16
137 121
137 113
121 110
113 100
110
103 100
108 103 97
108 103
97 98
103 96
98 96
88 85
88 85 85
85 86 87
86 87 95 99 92 97
95 99 92 97 94 97 96
94
76 97 96
76 66 61 62 57
73 60
61 80
66 61 62 57 60 61 62
95 73
98 93 80
62
95 98 93
Copyright © CB United , Realtors | Price Range : All | Property Types : SFH - Con
6 | c o l d w e l l b a n k e r h o m e s . c o m
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 .