There are 3 blog entries for August 2008.
Saturday, August 16th, 2008 at 10:12am. 2,361 Views
Austin Realtor Market Report: Unemployment is increasing slightly, home sales are flat, and Austin Texas Real Estate has seen slight price reductions in certain market sectors, but with a continued overall price increases city wide.
As we wrap up the summer and slowly move toward our fall and winter seasons, sales volume should slow further due to the seasonal change. The Austin real estate market will most likely stay flat for the remainder of the year compared to 2007. There is however continued demand for homes in Austin, especially if your home is in good condition and priced aggressively compared to the competition. If you want to sell, my suggestion is to be highly competitive on the sale and aggressive on your purchase elsewhere. This way…
Wednesday, August 13th, 2008 at 8:55pm. 2,064 Views
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Friday, August 1st, 2008 at 11:03am. 2,519 Views
Home resale prices continue to dip in 2008, although those homes willing to price aggressively seem to be getting sold.
Between January and July of 2008 the Ridge at Lantana had 7 homes sell with a median sold price of $124.54 per square foot and 3,267 square feet. This compares to 9 homes that sold during the same period of time in 2007 with a median sold price of $127.78 per square foot and 3,064 square feet. There are currently 12 homes listed for sale and two homes pending sale in Lantana.
During the month of July Lantana had two homes sell with a median sales price of $114.02 per square foot and averaging 4,035 square feet. In July of 2007 there was only 1 home sold for $135.34 per square foot and 3,312 square feet. One home sold in June…