Austin Texas Real Estate Market Update and Statistics January 2010
February 2, 2010The Austin real estate market showed signs of improvement during January 2010 compared to the same time last year with increased median sold prices of around 3% and a 7.7% decrease in the time it is taking to sell a home. Although the actual number of homes sold was down 9.7%, the supply of homes availableRead More
Austin home price trends 2009 versus 2007
January 15, 2010Click on this link to view map showing Austin price trends outlined in the article Click here to view updated statistics comparing Austin home sold prices during year 2010 to 2007. Since the last housing peak and fall experienced in Austin Texas between the years 2000 to 2001, average single-family home sale prices and volumeRead More
Austin Texas Real Estate Statistics 2009
January 11, 2010Austin home sales during 2009 seemed to have stabilized moving into 2010 with only slight decreases in sold prices and number of homes sold during 2009 compared to 2008. It took 15% longer to sell an Austin home, but the number of homes available to sell decreased by 10%. This decrease in supply may help increase buyerRead More
Austin Texas Real Estate Market Update and Statistics December 2009
January 9, 2010Austin real estate finished off on a solid footing during December 2009 with a 10% decrease in the number of homes sold but a 3% increase in sold prices per square foot and a continued decrease in supply. While I don’t anticipate a boom in real estate during 2010, I do expect a better year than 2009Read More
Austin Texas Real Estate Market Update and Statistics November 2009
December 7, 2009The Austin real estate market was strong during November 2009 compared to November 2008. There was a huge 62% increase in single-family homes sold, a 1% decrease in the median sold price per square foot, virtually no change in days on market, and a large decrease in supply of 10%. The median sales price decreased from $235,000Read More
Austin Texas Real Estate Market Update and Statistics October 2009
November 3, 2009The Austin real estate market was strong during October 2009 compared to October 2008. There was a 21% increase in single-family homes sold, a 1.8% increase in the median sold price per square foot, no change in days on market, and a huge decrease in supply. The median sales price decreased from $241,500 to $225,000, which indicatesRead More
Austin Texas Real Estate Market Update and Statistics September 2009
October 8, 2009Fall has arrived for Austin real estate and we have some positive indicators in our September market update to brighten the day. First of all, there were 9% more homes sold in the Austin city limits during September of 2009 compared to September 2008. I can’t even remember the last time that we had a salesRead More
Austin Texas Real Estate Market Update and Statistics August 2009
September 7, 2009As the peak Austin real estate season of our summer 2009 comes to a close, I’m seeing some strong positive indicators, but also some mixed signals from the August 2009 market statistics for the city limits of Austin. During August there were 14.2% fewer homes sold in 2009 than 2008. Median sold prices were down 5.9% overallRead More
Austin Texas Real Estate Market Update and Statistics July 2009
August 7, 2009We 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 JulyRead More
Austin Texas Real Estate Market Update and Statistics June 2009
July 5, 2009It seems to me that the Obama “stimulus” has helped keep the economy afloat given the slight “uptick” in Austin real estate sales volume over the last few months. While the market is still worse than 2008, the losses are minor compared to other cities around the country. Here are some recently notable news headlines about Austin,Read More