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October 2010

There are 2 blog entries for October 2010.

Austin Unemployment & Austin Real Estate Market Update September 2010

Friday, October 22nd, 2010 at 12:07pm. 1,774 Views

The Austin unemployment rate (Austin-Round Rock-San Marcos) had a significant decrease from 7.2% to 6.8% in September 2010 with 4,200 more people employed in Austin-Round Rock-San Marcos in September 2010 than the previous month.  January’s unemployment rate was the highest rate on record since 2000 in the Austin-Round Rock-San Marcos area so the decrease in unemployment is welcome. In comparison, during the same time period the State of Texas unemployment rate decreased from 8.4% in August 2010 to 7.9% in September 2010.  The United States unemployment rate decreased from 9.5% in August 2010 to 9.2% in September 2010. Austin-Round Rock-San Marcos unemployment rate continues to be much lower than the National Average.   Between January 1st and October…

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Austin Texas Real Estate Market Update and Statistics September 2010

Tuesday, October 5th, 2010 at 4:50pm. 1,549 Views

So far this year (1/1/10 to 9/30/10) there has been a 2.3% decrease in the number of single-family homes sold and a 3.45% increase in the median sold price per square foot compared to the same time period in 2009 within the city limits of Austin.  September 2010 showed a 35% decrease in the number of homes sold and a 4% increase in the median sold price per square foot compared to September 2009. The supply of homes increased from 4.9 months to 7 months of supply in September 2010.  Austin unemployment rate was at 7.2% during August, which is still historically high but lower than the peak of 7.6% in January 2010. 

Market Snapshot

(September 2010 compared to September 2009)

Austin Overall:

• 35% decrease in the number of single-family homes sold

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