AUS ARCHIVED December 2017 | Page 9

HAYS

Community Information | School District
Days On Market for Sold Properties
3 Mo Avg
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 223 , up from 0 days last month and up 78.4 % from 125 days in December of last year . The December 2017 DOM was at a mid level compared with December of 2016 and 2015 .
1,200
1,000
800
600
400
200
132 125
223
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 2017 Selling Price per Square Foot of $ 388 was up from $ 0 last month and down 0.0 % from 388 in December of last year .
0
-200
2,200
1,700
1,200
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
15
16
17
Selling Price per Square Foot
3 Mo Avg
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 2017 Selling Price vs Original List Price of 83.9 % was up from 0.0 % last month and down from 91.4 % in December of last year .
700
200
120 % 100 % 80 % 60 % 40 % 20 %
294
Selling Price versus Listing Price Ratio
388 388
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
15
16
17
Avg Selling Price divided by Avg Listing Price for sold properties during the month
90.4 % 91.4 %
3 Mo Avg
83.9 %
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 2017 was 9 , down 25.0 % from 12 last month and up 28.6 % from 7 in December of last year .
120 100
0 %
80 60
70
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
15
16
17
68 70 75
68 67 68 69 69 65
Inventory / New Listings / Sales
63
76 70 75 81 85 84 78 73
66 66 67
80
92 102 94 95 92 92 86 81
40
52 51 53 55 50
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
15
16
17
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