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.

Market Statistics for Austin, Texas

Austin, Texas Market Statistics for August 2010

• $399,156,100 – Total dollar volume of single-family properties sold, a 7 percent decrease from August 2009.


• $200,000 – Median price for single-family homes, a 5 percent increase from August 2009.


• 1,490 – Single-family homes sold, a 15 percent decrease from August 2009.


• 77 – Days on market, a one percent increase from August 2009.


• 11,106 – Active single-family home listings on the market, a 16 percent increase from August 2009.


• 1,502 – Pending sales for single-family homes, a 24 percent decrease from August 2009.

If you are interested in buying a house in the greater Austin area, now is a great time because interest rates are low, home prices are low and sellers are motivated. I want to be your REALTOR so call me to get started with the process of buying a home in Austin.

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