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May 2011

There are 1 blog entries for May 2011.

Austin Texas Real Estate Market Update and Statistics April 2011

Tuesday, May 10th, 2011 at 2:35pm. 2,448 Views

During the first 4 months of 2011 the Austin real estate has remained relatively flat compared to 2010 with a 7.52% decrease in the number of single-family homes sold and almost no change in the median sold price per square foot within the city limits of Austin. During April 2011 there was a 17.70% drop in the number of single-family homes sold and a 1.88% increase in the median sold price per square foot with a 7.29% increase in the median sold price (total dollars) compared to last year. During April 2011 it was taking 22% longer to sell a home compared to last year, but the supply of homes dropped 3% to a very low 3.8 months of supply. The number of homes available for sale increased 7% over last month as we ramp into the hot season for selling…

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