AUS ARCHIVED August 2017 | Page 13

Market Action Report
August 2017
WILLIAMSON
County: Williamson
Agent Name
Title
Phone
Website
Other
Community Information | School District
Price Range: $1,000,000 and Up | 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 August was 137, up 132.2% from
59 days last month and up from 0 days in August of last year.
The August 2017 DOM was at its lowest level compared with
August of 2016 and 2015.
3 Mo Avg
500
450
400
350
300
250
200
137
150
100
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
1,000
direction of Property values. Since Median Sales Price and
900
Average Sales price can be impacted by the 'mix' of high or low
800
end Properties in the market, the selling price per square foot is a
more normalized indicator on the direction of Property values.
700
The August 2017 Selling Price per Square Foot of $233 was up
600
0.9% from $231 last month and up from 0 in August of last year.
500
3 Mo Avg
400
300
233
223
200
100
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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 August 2017 Selling Price vs Original
List Price of 86.6% was down from 91.5% last month and up
from 0.0% in August of last year.
3 Mo Avg
Avg Selling Price divided by Avg Listing Price for sold properties during the month
120%
100.0%
100%
86.6%
80%
60%
40%
20%
0%
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Inventory / New Listings / Sales
Inventory / New Listings / Sales
60
20
30
40
50
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 August 2017 was 6, equal to 6 last month and up 100.0% from
3 in August of last year.
10
0
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Copyright © CB United, Realtors | Price Range: $1,000,000 and Up | Property Types: SFH - Con
Data is provided courtesy of Fort Hood Area Association of REALTORS, Austin Board 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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