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Austin Texas Real Estate Market Update and Statistics January 2011

February 4, 2011

Downtown Austin 2011 During January 2011 the Austin housing market showed major improvement with sales volume for single-family homes in the city limits of Austin increasing 19% compared to January 2010. Median sold prices (total dollars per sale) were up 3.7% with median sold prices per square foot down 1.3%.   The supply of homes decreased from 5.5Read More

Austin Texas Real Estate Market Update and Statistics November 2010

December 7, 2010

From January until the end of November 2010, the Austin housing market showed a decrease of 8.2% in the number of homes sold and a median sold price increase of 6.3% compared to the previous year. With gains in prices and decreases in sales volume, the overall housing market has been fairly flat with signs ofRead More

Austin Texas Real Estate Market Update and Statistics October 2010

November 11, 2010

As we near year end 2010 the Austin housing market sale prices for single-family homes have improved while the number of homes sold has decreased when compared to 2009. During 2010 it has taken about 5.8% less time to sell a home than 2009. Lease prices during 2010 have increased and the amount of time it hasRead More

Austin Texas Real Estate Market Update and Statistics September 2010

October 5, 2010

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 numberRead More

Austin Texas Real Estate Market Update and Statistics August 2010

September 7, 2010

Austin’s housing market has improved slightly so far this year compared to last year with a .27% increase in the number of homes sold and a 3.4% increase in the median sold price per square foot compared to the same time period in 2009.  The month of August 2010 has shown a large median priceRead More

Austin Texas Real Estate Market Update and Statistics June 2010

July 7, 2010

Austin real estate showed varied but mostly positive results in June 2010 with major improvements in median sold prices and a drop in the number of homes sold, presumably due to a lull in home sales after the tax credit expiration. Median sold prices per square foot increased 4.2% and median sold prices (total dollars) increased by 14.5%! TheRead More

Austin Texas Real Estate Market Update and Statistics May 2010

June 4, 2010

Austin’s housing market has improved slightly so far this year compared the last year and the month of May 2010 showed some improvement compared to May 2009. So far this year (1/1/10 to 5/31/10) there has been a 16% increase in the number of homes sold and a 2.6% increase in the median sold price perRead More

Austin Texas Real Estate Market Update and Statistics April 2010

May 3, 2010

The Austin real estate market shows improvement during April 2010, partially as a result of the home buyer tax credits that expired at the end of April.  The City of Austin experienced a 4% price per square foot increase and a 4.8% total dollar increase for single-family homes sold during April 2010 compared to AprilRead More

Austin Texas Real Estate Market Update and Statistics March 2010

April 2, 2010

The government stopped buying mortgages at the end of March so there is expected to be an increase in interest rates soon.  Additionally, the $8000 first-time home buyer tax credit and the $6500 home buyer tax credits expire soon. For qualified buyers, you must have a home under contract by the end of April 2010 andRead More

Austin Texas Real Estate Market Update and Statistics February 2010

March 4, 2010

Have you noticed that the news headlines have turned a corner lately? While the economy is still struggling, it seems that we have turned a corner from the all encompassing gloom and doom to a new sense of hope for the future. There may still be a sense of unknown about the future, but this feeling isRead More