Friday, April 1, 2011

Austin market statistics from February


AUSTIN REAL ESTATE MARKET
It looks as if the market is heating up in Austin along with the weather.
The statistics below show that the available homes on the market is low at 8,605; stimulating competition among buyers and ultimately increasing home prices.
Many home sellers have been waiting for an opportunity to put their home on the market and this is a great time because interest rates are still low and market conditions are improved.

AREA MARKET STATISTICS

FEBRUARY 2010 vs FEBRUARY 2011

Homes Sold: 1,112 - UNCHANGED

Median Sales Price: $193,000 - UP 2%

Days on Market: 98 - UP 27%

Active Listings: 8,605 - DOWN 8%

Source: Austin Board of Realtors

I want to be your REALTOR. If you are thinking of selling a house, give me a call. I'm happy to answer any questions you may have about the seller's disclosure or other matters involving selling a home. 512. 589.7988.

If you are interested in finding out more about Austin, living in Austin, real estate or buying or selling a home in Austin, I want to be your REALTOR. And I appreciate your referrals as well. Call or email to find out how I can help you. 512.589.7988 or robin @robinscottrealtor.com

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

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