Monday, September 3, 2007

AUSTIN AREA MARKET STATISTICS FOR JULY 2007

Market Summary from July 2007 as Compared to July 2006
ALL SINGLE FAMILY SALES 2,645 - DOWN 2%
All Active Single Family Listings 9,451 - UP 13%
Single family Median Price $190,000 - up 7%
Single Family Pending Sales 2,573 - DOWN 16%
source: Austin Board of Realtors

MY OPINION OF THE MARKET
Although the information is that our job market and real estate market are strong, I think we are going to start to see a trickle down effect from the real estate and mortgage crisis in the rest of the country. When? I'm thinking some time next year. As you can see, our inventory is high and sales have started to slow. If you know anyone who is intending to sell a house, I'd love to help. You can call or email me at 512.589.7988 or robin@robinscottrealtor.com

Homes sellers are also homebuyers. If you are in the Austin, Texas area and are planing to sell and/or buy a house, contact me for a FREE home market analysis and marketing plan or help finding and purchasing your new home. Robin Scott, REALTOR® 512.589.7988 or robinscottrealtor@gmail.com

Austin, Texas. Robin Scott, BROKER. Certified Residential Specialist, Accredited Buyer's Representative, Seller's Representative Specialist. 512.589.7988.

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Buying or selling? Hire an experienced professional. Call Robin Scott, Broker at 512.589.7988.

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