austin home sales

Austin Real Estate Market Update – October 2011 Stats

November 13, 2011

Below are the Austin housing market stats for October 2011 and year to date. Austin Sales Market Update – October 2011 Homes only (condos, duplexes, etc. not included) compiled from Austin MLS data Sep 2011 Oct 2011 Oct 2010 Yr % Change # Sold 1601 1346 1202 11.98% Avg List $262,989 $267,793 $278,846 -3.96% Med [...]

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Austin Real Estate Market – Year 2010 Summary and 2011 Predictions

February 6, 2011

The Austin real estate market finished 2010 with increased overall sales prices. The market is roughly a bit higher than the peak 2007 values. See the graph below for an illustration of Austin home sales values from 1999 through 2010. The graph can be deceiving though. It simply represents the cumulative data from all MLS [...]

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Will recent low interest rates stunt future Austin move-up activity?

December 16, 2010

One of our buyers closed last month with a 3.87% interest rate. We saw many sub-4% loans the past several months, though rates have now climbed back above 4.6%. Let’s imagine hypothetical first time buyers with a toddler who closed this year with an interest rate below 4%. Fast forward 5 years to 2015 and [...]

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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 [...]

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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 [...]

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Austin Real Estate Market Inventory and Price Range Report – June 2009

July 30, 2009

Below is the breakdown of June 2009 home sales in Austin. Our median price range is roughly at $200K, so about half of all sales for June fall into the first two price ranges below $200K. The second colum shows Average days on market for homes sold in each price range. The third column shows [...]

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