Sales Market

Austin Real Estate Market Update – Oct 2010 Sales

November 17, 2010

Sales volume continues to drop year over year in Austin while prices continue to rise. Let’s have a look at the chart below. Austin Real Estate Sales Monthly Update – Oct 2010 Homes only (condos, duplexes, etc. not included) compiled from Austin MLS data Sep 2010 Oct 2010 Oct 2009 Yr % Change # Sold [...]

9 comments Read the full article →

The Weird Stuff People do to Their Austin Houses

November 15, 2010

I’ve been showing and previewing lots of homes in central Austin neighborhoods lately, and taking note of some of the horrendously dumb things people do to their house. Often, these are do-it-yourself remodel projects or (apparently) paid projects that fall into one of 2 main categories. Category 1: What in the world were you thinking? [...]

4 comments Read the full article →

Austin Home Sales Breakdown by MLS Area – Jan-Sep 2010

November 11, 2010

Below is the breakdown of YTD home sales in Austin (Jan-Sep 2010) by MLS area. Of the 48 Austin MLS areas reported below, 18 are up from a year ago, 14 are down, and 16 are mixed. By “up” I mean all three metrics of average sold price, median sold price, and avergage price per [...]

4 comments Read the full article →

Austin Real Estate Market Update – Sept 2010

November 2, 2010

The number of residential home sales in Austin continued to fall off for September. Even record low interest rates are not enough to motivate buyers. Most buyers who really need to buy already did so earlier this year. Looks like everyone else is hunkering down and waiting. Let’s start with the year to date stats. [...]

7 comments Read the full article →

Austin office market back to pre-recession levels

October 6, 2010

This from the Austin Business Journal today, Austin office market back to pre-recession levels. Let’s review a few snippets from the news article. The Austin office market saw a trifecta of positive developments in the third quarter with a dramatic boost in absorption, decrease in sublease and large corporate move-ins. The shift is the best [...]

1 comment Read the full article →

Realtor Success, Girl’s Volleyball, Eating Frogs and Pareto

September 24, 2010

Five years ago when my oldest daughter started middle school volleyball, I declared to her after observing a few matches that I could coach a winning team by doing just one thing. I would, I told her, spend every practice having every girl practice serving. 100s of serves each, every practice. Not until every player [...]

6 comments Read the full article →

Austin Real Estate Market Update – Aug 2010 Stats

September 16, 2010

The average year-to-date sold price for homes in Austin is $256K, which just broke through the (peak) year 2007 YTD of $255K. Now, there is a lot of discussion and caveats that must be considered along with this milestone statistic, but nevertheless, look at the graph below for a visual representation of where average and [...]

18 comments Read the full article →

Buyer Happiness was Higher in Austin Seller’s Market

September 8, 2010

What makes Austin real estate buyers happy? The answer may surprise you. What apparently doesn’t make a buyer happy is a rock bottom price at a 4.37% interest rate. If that was the case, there’d be far less buyer angst and hand wringing than there is now in the Austin real estate market. We’d have [...]

15 comments Read the full article →

Austin Real Estate Market – July 2010 Update

August 18, 2010

The Austin real estate market is chugging through the summer and producing some interesting stats. By that I mean that the stats shown below look better than some of the actual outcomes we are seeing in the market. Some homes are selling fast, at or close to list price, and others are not moving. In [...]

8 comments Read the full article →

Austin Pending Sales Update – Through May 2010

June 25, 2010

Take a look at this chart showing the number of homes that go under contract, or “Pending”, in Austin each month over the past several years. The green line is 2010. I could almost stop writing at this point and just let the chart tell the entire story. But have a careful look at the [...]

7 comments Read the full article →

← Previous Entries

Next Entries →