Friday, February 21, 2014

January 2014 Market Statistics for Austin Area




1,449 – Single-family homes sold, UP 4% from January 2013
$211,800 – Median price for single-family homes, UP 7% from January 2013.
4,591 – Active single-family home listings on the market, DOWN 7% from January 2013.

It's still a strong market because inventory is so low. Most properties are selling for more than asking price with multiple offers from which the seller could choose so the average buyer should prepare to pay more. And although the average days on market is 63 which includes less popular out-lying areas and depressed properties, those that are in good condition, in desirable areas and properly marketed through a REALTOR will sell within 5 days.

For information on pricing and selling your house or to negotiate the twists and turns of purchasing in this hot market, call me at 512-589-7988.

If you are considering moving to Austin, I can help you with the transition. Call my office to schedule a time to talk - 512-589-7988.

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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