Hays Community Information | School District
Hays Community Information | School District
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 December was 136 , down 12.8 % from 156 days last month and up 3.0 % from 132 days in December of last year . The December 2016 DOM was at a mid level compared with December of 2015 and 2014 .
1,200
1,000
800
600
400
Days On Market for Sold Properties
3 Mo Avg
200 114 132 136
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 December 2016 Selling Price per Square Foot of $ 429 was down 8.8 % from $ 471 last month and up 46.0 % from 294 in December of last year .
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 December 2016 Selling Price vs Original List Price of 90.9 % was up from 89.2 % last month and up from 90.4 % in December of last year .
0
-200
2,650
2,150
1,650
1,150
650
150
120 % 100 % 80 % 60 % 40 % 20 %
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 N D |
14 |
|
|
|
15 |
|
|
|
16 |
|
|
|
Selling Price per Square Foot
461
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 N D |
14 |
|
|
|
15 |
|
|
|
16 |
|
|
|
294
Selling Price versus Listing Price Ratio Avg Selling Price divided by Avg Listing Price for sold properties during the month
79.2 %
3 Mo Avg
3 Mo Avg
429
90.4 % 90.9 %
Inventory / New Listings / Sales 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 December 2016 was 7 , up 16.7 % from 6 last month and up 250.0 % from 2 in December of last year .
90 80 70 60 50 40 30 20 10 0
0 %
46
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 N D |
14 |
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|
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15 |
|
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16 |
|
|
|
44 48 48 46 59 58 69 68 67
61
Inventory / New Listings / Sales
65 65 63 64
71 66 64 65 65 67
63
52 49 51 53
48 61
70 65
71 76 77
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 N D |
14 |
|
|
|
|
15 |
|
|
|
|
16 |
|
|
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74 71
65 c o l d w e l l b a n k e r h o m e s . c o m | 11