HOU ARCHIVED July 2016 | Page 29
Market Action Report
July 2016
Waller
County: Waller
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 54, down 34.1% from 82
days last month and down 5.3% from 57 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
120
100
80
57
55
60
54
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
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 July 2016 Selling Price per Square Foot of $125 was up
16.4% from $107 last month and up 24.5% from 100 in July of
last year.
150
140
130
120
110
100
90
80
70
60
50
3 Mo Avg
125
100
97
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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 95.4% was down from 96.6% last month and up from
95.2% in July of last year.
3 Mo Avg
Avg Selling Price divided by Avg Listing Price for sold properties during the month
98%
95.4%
95.2%
95.1%
96%
94%
92%
90%
88%
86%
84%
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Inventory / New Listings / Sales
Inventory / New Listings / Sales
210
190
174
181
178
171
164
160
159
151
145
132
122
107
97
90
87
95
99
120
120
129
127
131
110
98
84
50
125
148
131
123
100
143
146
150
151
200
207
250
143
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 64, down 3.0% from 66 last month and up
14.3% from 56 in July of last year.
0
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Copyright © CB United, Realtors | Price Range: All | Property Types: SFH - Con
Data is provided courtesy of Houston Association 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.
c o l dw el l b a n k er h o m es.c o m
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