How’s the market in the Austin Area?

The housing market is doing well in Austin-Area!  These are the just released market statistics from the Austin Board of Realtors.

As you can see, the Austin-Area home sales volume increased again and the median home price is at a 10 year high. Here’s a few more stats from ABOR:

2,397 – Single-family homes sold, 21 percent more than August 2011.

$212,000 – Median price for single-family homes, six percent more than August 2011.

61 – Average number of days that single-family homes spent on the market, 18 days less than August 2011.

2,740 – New single-family home listings on the market, 15 percent more than August 2011.

7,262 – Active single-family home listings on the market, 17 percent less than August 2011.

2,207 – Pending sales for single-family homes, 23 percent more than August 2011.

4.0 – Months of inventory* of single-family homes, 1.7 months less than August 2011.

$663,700,536 – Total dollar volume of single-family properties sold, 30 percent more than August 2011.

To read the full article, please visit http://www.austinhomesearch.com/pages/austin-market-update

Facebook Twitter Email Google Pinterest

Leave a Reply

Your email address will not be published. Required fields are marked *