Monday January 2, 2017
Schaible Realty's
Executive Summary
LIBERTY HILL, TX 78642
Single Family Homes
This Week
The median list price in LIBERTY HILL, TX 78642 this week is
$499,000.
Inventory and days-on-market are both trending higher recently.
However, the improving Market Action Index implies some
increased demand will temper the negative trends.
Real-Time Market Profile
Trend
Median List Price
$ 499,000
Asking Price Per Square Foot
$ 178
Average Days on Market (DOM)
135
Percent of Properties with Price Decrease
21 %
Percent Relisted (reset DOM)
5%
Percent Flip (price increased)
14 %
Median House Size (sq ft)
2906
Median Lot Size
5.0 - 10 acres
Median Number of Bedrooms
4.0
==
==
==
Median Number of Bathrooms
Supply and Demand
Market Action Index
Market appears to have begun to cool. As we're still notably in the
Seller's zone, prices have not yet adjusted. If the market continues
to cool, then expect prices to follow lower. It may take a few more
weeks of slack demand for prices to reflect and begin to fall. Expect
this condition if the index falls to the Buyer's zone.
±+
No change
3.5
Seller's Advantage
33.7
≠
== Strong upward trend ≠≠ Strong downward trend
= Slight upward trend ≠ Slight downward trend
Price
Market Action Index
Prices in this zip code hit another all time high this week. You
can see that prices continue to march higher. Look for a
persistent downtrend in the Market Action Index into the Buyer's
zone as a leading indicator of the price strength finally abating.
Price Trends
7-Day Rolling Average
90-Day Rolling Average
Buyer/Seller Cutoff
The Market Action Index answers the question "How's the
Market?" by measuring the current rate of sale versus the
amount of the inventory. Index above 30 implies Seller's
Market conditions. Below 30, conditions favor the buyer.
Quartiles
7-Day Rolling Average
Characteristics per Quartile
Quartile
Median Price
Sq. Ft.
Top/First
$ 1,265,000
Upper/Second
90-Day Rolling Average
Investigate the market in quartiles where each quartile is 25% of homes
ordered by price.
Lot Size
Beds
Baths
Age Inventory New Absorbed DOM
3668
20+ acres
5.0
4.5
12
10
2
0
153
Most expensive 25% of properties
$ 649,000
3139
2.5 - 5.0
acres
4.0
3.5
16
11
1
2
109
Upper-middle 25% of properties
Lower/Third
$ 419,000
2410
1.0 - 2.5
acres
4.0
3.5
0
11
0
0
194
Lower-middle 25% of properties
Bottom/Fourth
$ 289,995
1571
1.0 - 2.5
acres
3.5
2.0
6
11
1
1
87
Least expensive 25% of properties
Brad Schaible | [email protected] | www.SchaibleRealty.com | 512-470-3535
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