So Austin Homes Sales Continue Rise in June – Crossland Team

Austin Homes Sales Continue Rise in June

June Average and Median Sales Price

Austin Residential Home Sales continue to be very strong. The number of homes sold increased 21% from 2,462 last June to 2,980 June 2006. At the same time, the number of active listings fell 2% from 8,637 to 8,477. The number of Pending Sales in June is up 31% from a year ago, from 2,506 to 3,286. This continued increase in demand along with reduced inventory is driving healthy value appreciation despite rising interest rates.

Average Sales Price is up 12% from a year ago, from $219,196 in June 2005 to $245,655 June 2006.
Median Sales Price is up 8% from a year ago from $168,500 to $182,000 (a new Austin record high)
note: the graph below has the wrong median amount on the chart, it’s $168,500 not $165,800.

June Austin MLS Sales Graph

Posted by Steve
11 years ago
Steve

Steve is a Real Estate Blogger, UT Austin Grad, Real Estate Broker and owner of Crossland Team and Crossland Real Estate in Austin TX.

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