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Continued…Austin home prices up. Austin home sales are down. What about your neighborhood?

September 23, 2008

Below article is a continuation of my previous blog found at the following link: http://www.regentpg.com/blog/brian-talley/austin-home-prices-are-up-home-sales-are-down-is-your-neighborhood-safe/show/ Let’s now look at the more sobering reality.  When considering home sales volume in Austin in 2008, the numbers are telling.  Only one zip code in Austin had an actual increase in the number of homes sold in 2008 comparedRead More

Austin Luxury Real Estate Statistics on Setember 10, 2008

September 11, 2008

Austin luxury real estate is herein defined as single family homes priced over $1 million.  The number of luxury homes sold in Austin has been on the rise since 1999 when 56 luxury homes were sold.  Fast forward to 2007 and you will find that 276 luxury homes were sold, a 493% increase or anRead More

Austin Texas Real Estate Statistics August 2008

September 3, 2008

If you pay attention, real estate market statistics tell a story.  Here is what the data from my August 2008 Austin real estate market update is saying: 1) Austin real estate home prices are still very robust.  While overall Austin home prices are down 1% when comparing August 2008 to August 2007, prices are upRead More

Top 30 Most Popular Neighborhoods in Austin Texas

July 28, 2008

Have you ever wondered what subdivisions in Austin Texas are selling the most homes?  During the first 7 months of 2008 the highest number of homes for sale in all of Austin Texas were sold in the below list of the top 30 Austin Texas subdivisions.   The below subdivisions were chosen based on the totalRead More

Austin Texas Luxury Real Estate Statistics

July 16, 2008

Luxury home sales, herein defined as homes priced over $1 million, have been on a steady rise since 1999 in Austin Texas.  From 2005 to 2006, the number of luxury homes that sold increased by a whopping 40%.  Home sales leveled out in 2007 with 276 luxury homes sold.  So far in 2008 we areRead More

Austin Real Estate Statistics 2nd Quarter 2008

June 26, 2008

The Austin Texas real estate market is remaining steady when comparing the 1st and 2nd Quarter performances.  While the number of homes sold in the 2nd Quarter 2008 are down and the number of homes withdrawn are up compared to 2007, Austin home prices continue to climb slightly.  With Austin unemployment remaining low at 4.5% andRead More

What Do Current Market Statistics Mean for Austin Home Buyers?

June 19, 2008

Comparing June 1-18 of 2007 versus 2008, Austin home prices are down 1.5%, there is a 41% decline in the number of homes sold, and a 34% increase in the number of homes withdrawn from the market.  There are a lot of home owners in Austin that would like to sell, but in general onlyRead More

So Far in June, Sold Prices for Austin Texas Homes for Sale Decrease!

June 19, 2008

Although we are only 18 days into June 2008, I’m a bit disappointed to see that the average and median price of homes sold in Austin Texas from June 1-18, 2008 have decreased by 1.9% and 1.5% respectively compared to the same time period during 2007.  While this is not a large percentage decrease inRead More

Austin Real Estate Market Update May 2008 – Sell NOW with Prices on the Rise!

June 2, 2008

While Austin residential real estate home prices continue to rise slowly, the number of homes selling in Austin is down substantially and it seems to be getting worse each month.  So if you need to sell your home, NOW is a good time with prices still on the rise for Austin homes.  With that said,Read More

Austin Texas Real Estate Report April 2008

May 1, 2008

Real Estate Austin Texas: Real Estate in austin texas has been softer than 2007 but there are still a lot of homes selling. Austin texas luxury real estate has also slowed down a bit compared to last year.  Commercial real estate austin texas has also slowed down in 2008 but not as much as residential. Read More