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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

Austin Texas Real Estate Market Update and Statistics January 2010

February 2, 2010

The 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, 2010

Click 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, 2010

Austin 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, 2010

Austin 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