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August 2009

There are 2 blog entries for August 2009.

Austin Unemployment and Austin Real Estate Market Update July 2009

Sunday, August 23rd, 2009 at 5:03pm. 2,008 Views

Austin Real Estate vs Unemployment

The Austin unemployment rate (Austin-Round Rock) increased from 7.1 % in June 2009 to 7.3% in July 2009 with 5,400 more people employed in Austin-Round Rock in July 2009 than the previous month. In comparison, during the same time period the State of Texas unemployment rate increased from 8.0% in June 2009 to 8.2% in July 2009.  The United States unemployment rate remained at 9.7%.  As you can see Austin-Round Rock continues to be significantly lower than the National Average.
 
Between January 1st and August 23rd of 2009 there were 5,213 single-family homes sold within the Austin city limits with a median sold price of $117.20 per square foot ($235,000), which is a 2.5% reduction in the median sold price compared to

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Austin Texas Real Estate Market Update and Statistics July 2009

Thursday, August 6th, 2009 at 9:09pm. 2,319 Views

We have rounded the corner towards the end of summer and have some Austin real estate statistics to share.  I’m pleased to report that the number of single-family homes sold within the Austin city limits was about the same during July 2009 as July 2008! Overall prices are down 5.3% in July 2009 compared to July 2008 with the supply of homes available for sale having decreased by 27% to 4.3 months of supply.  The Austin unemployment rate in June 2009 was up to 7.1% from 6.2% in May 2009.  The June 2009 Austin unemployment rate is lower than both the State of Texas (8.0%) and the U.S. (9.7%) unemployment rate.   Market Snapshot
(July 2009 compared to July 2008)
Austin Overall:
• About the same number of single-family homes sold!
• 5.3% decrease in…

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