Market Action Report December 2017
Market Action Report December 2017
TRAVIS County : Travis
Community Information | School District
Price Range : $ 1,000,000 and Up | 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 |
$ 1,798,250 |
0 % |
|
3 % |
|
|
|
|
Average List Price of all Current Listings |
$ 2,827,502 |
1 % |
|
9 % |
|
|
|
|
December Median Sales Price |
$ 1,375,000 |
2 % |
2 % |
10 % |
2 % |
$ 1,357,500 |
1 % |
1 % |
December Average Sales Price |
$ 1,723,024 |
14 % |
4 % |
8 % |
6 % |
$ 1,689,635 |
5 % |
4 % |
Total Properties Currently for Sale ( Inventory ) |
520 -15% |
10 % |
|
|
December Number of Properties Sold |
51 -14% |
-15% |
805 |
22 % |
December Average Days on Market ( Solds ) |
124 |
9 % |
13 % |
8 % |
24 % |
98 |
-2% |
-2% |
Asking Price per Square Foot ( based on New Listings ) |
$ 456 |
-25% -15% |
5 % |
-2% |
$ 528 |
14 % |
14 % |
December Sold Price per Square Foot |
$ 408 |
10 % |
6 % |
2 % |
5 % |
$ 399 |
3 % |
2 % |
December Month ' s Supply of Inventory |
10.2 |
-1% |
-0% |
30 % |
-16% |
10.5 |
-13% |
-13% |
December Sale Price vs List Price Ratio |
88.5 % -1.6% -2.0% -. 7 % -2.6% |
91.7 % |
1 % |
1 % |
* LM = Last Month / L3M = Last 3 Months / PYM = Same Month Prior Year / LY = Last Year ( 2016 ) / YTD = Year-to-date
Property Sales
120 December Property sales were 51 , down 15.0 % from 60 in December of 2016 and 13.6 % lower than the 59 sales last month . Property Sales
100
December 2017 sales were at their lowest level compared to 120 December December
Property of 2016 sales and 2015 were
. 51 December , down 15.0 YTD % from sales
60 of in
805 are December of 2016 and 13.6 % lower than the 59 sales last month 80 running 22.0 % ahead of last year ' s year-to-date sales of 660 . 100 December 2017 sales were at their lowest level compared to December of 2016 and 2015 . December YTD sales of 805 are
80
60 running 22.0 % ahead of last year ' s year-to-date sales of 660 . 60
40
Agent Name
Title Phone Website Other
Number of Properties Sold
Number of Properties Sold
3 Mo Avg
3 Mo Avg
40
20
20 0 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
0 15 16
17 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
Prices Median Sales Price and Average Sales Price
15 16
17
3 Mo Avg The Median Sales Price in December was $ 1,375,000 , up 10.0 % Prices
1,900 from $ 1,250,000 in December of 2016 and up 1.9 % from
Median Sales Price and Average Sales Price
3 Mo Avg The $ 1,350,000 Median Sales last Price month in . December The Average was Sales $ 1,375,000 Price in , up December 10.0 %
1,9001,800 from was $ 1,250,000 1,723,024 , in up December 7.9 % from of $ 2016 1,596,618 and up in 1.9 December % from of 2016 $ and 1,350,000 up 13.7 last % from month $ 1,515,810 . The Average last month Sales Price . December in December 2017 ASP 1,8001,700 was was $ 1,723,024 at the highest , up 7.9 level % from compared $ 1,596,618 to December in December of 2016 of 2016 and and up 13.7 % from $ 1,515,810 last month . December 2017 ASP
1,7001,600
2015 . was at the highest level compared to December of 2016 and 1,6001,500 2015 .
1,5001,400
Inventory & MSI Inventory The Total Inventory & MSI of Properties available for sale as of The December Total Inventory was 520 of , down Properties 14.6 % available from 609 for last sale month as of and up December 10.2 % from was 472 520 in , down December 14.6 % of from last 609 year last . December month and 2017 up 10.2 Inventory % from was 472 in at December its highest of level last compared year . December with December 2017 of Inventory 2016 and was 2015 at . its highest level compared with December of 2016 and 2015 .
1,4001,300 1,3001,200 1,200
42 27 61 59 73 48 70 53 49 63 51 64 25 29 46 40 75 84 60 65 59 68 49 60 38 46 64 58 86 111 89 82 55 66 59 51
401
J 15
|
F
15 M A M J
|
J |
A S O N D |
J |
|
|
|
16 |
900
900 800
800 700
700 600
600 500
500 400 A comparatively lower MSI is more beneficial for sellers while a
400 300 A higher comparatively MSI is better lower for MSI buyers is more . The beneficial December for sellers 2017 while MSI of a 300 200 higher MSI is better for buyers . The December 2017 MSI of 200 10.2 months was at its highest level compared with December of 100 10.2 months was at its highest level compared with December of 100 2016 and 2015 .
0 2016 and 2015 .
0
J F M A M J F M A M J 15
J
15
42 27
J
61 59 73 48 70 53 49
F M16A M J |
J |
A S O N D |
J |
F M
17 A M J
|
J |
A S O N D |
|
|
|
17 |
|
|
|
Total Inventory & Month ' s Supply of Inventory ( MSI ) |
Total Inventory & Month ' s Supply of Inventory ( MSI ) |
443
401 499
443 565
499 600
601 565
613 600
608 601
581 613
560 608
492 581
63
437 |
560 |
462 |
492 |
|
437
525
|
|
|
618
462
|
|
|
670
525
|
|
713 |
618 |
726 |
670 |
703 |
713 |
670 |
649 |
726 |
600 |
703 |
535 |
670 |
472 |
649 |
479 |
600 |
|
564
535
|
|
472 |
674 |
479 |
767 |
564 |
792 |
|
674
799
|
|
748 |
767 |
722 |
792 |
719 |
799 |
669 |
748 |
609 |
722 |
520 |
719 |
0.0 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
F M A M J J A S O N D J F M A M J J A S O N D 16
17 17
J A S O N D J
16
51 64 25
F M A M J J A S O N D J
29 46 40 75 84 60 65 59 68 49 60 38
F M A M J J A S O N D J
46 64 58 86 111 89 82 55
25.0 20.0 15.0 10.0 5.0
66 59 51
F M A M J J A S O N D
669 609
520
25.0 20.0
15.0 10.0 5.0 0.0
10 | coldwellbankerluxury . com
Copyright © CB United , Realtors | Price Range : $ 1,000,000 and Up | Property Types : SFH - Con Data is provided courtesy of Austin Board of REALTORS , Central Texas MLS 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 .