AUS ARCHIVED July 2016 | Page 18

Market Action Report

July 2016

Coryell

County: Coryell

Agent Name
Title
Phone
Website
Other

Community Information | School District
Price Range: All | 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 July was 61, down 29.1% from 86
days last month and down 21.8% from 78 days in July of last
year. The July 2016 DOM was at its lowest level compared with
July of 2015 and 2014.

3 Mo Avg

140
120
100

81

78

80

61

60
40
20
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
100
direction of Property values. Since Median Sales Price and
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Average Sales price can be impacted by the 'mix' of high or low
90
end Properties in the market, the selling price per square foot is a
85
more normalized indicator on the direction of Property values.
The July 2016 Selling Price per Square Foot of $73 was up 3.5%
80
from $70 last month and up 3.6% from 70 in July of last year.
75
70
65
60
55
50

3 Mo Avg

73

70
63

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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 July 2016 Selling Price vs Original List
Price of 95.2% was down from 95.8% last month and up from
93.0% in July of last year.

3 Mo Avg

Avg Selling Price divided by Avg Listing Price for sold properties during the month

98%
96%

95.2%

94.7%
93.0%

94%
92%
90%
88%
86%
84%
82%

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Inventory / New Listings / Sales

Inventory / New Listings / Sales

269

248

277

272

269

268

263

253

285

265

291

282

288

281

279
249

237

254

227

200

277

317
285

313

302

313

307

311

312

306

311

310

328

304

250

326

300

324

350
316

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 July 2016 was 78, down 16.1% from 93 last month and down
2.5% from 80 in July of last year.

150
100
50
0
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Copyright © CB United, Realtors | Price Range: All | 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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