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austin mls stats

Tax Credit Effect on Austin Real Estate Market

May 16, 2010

The $8,000 buyer tax credit ended April 30, 2010. Take a look at the following graph to see the effect the tax credit had on buyer activity in Austin TX.  This shows Pending activity for Austin MLS listings going back to Jan 2005 through April 2010. The green line is 2010. The previous years of [...]

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Austin Real Estate Market Update – March 2010

April 28, 2010

The Austin real estate market for March 2010 saw a not surprising 22% increase in the number of sales compared to the same month a year ago. Average sold price was up 2.22%, median sold was slightly down at -0.66%. Before we call that “good news”, it would help to know that March 2009 was [...]

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Austin Real Estate Market Update – Feb 2010 Sales

March 21, 2010

The Austin real estate market for Feb 2010 remained about the same as February a year ago. None of the measurable price metrics changes by more than a percent or two. Homes are selling faster though, and the number of failed listings (Expired/Withdrawn) is down considerably. Days on market is down 13% and the number [...]

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Austin Real Estate Market – 2009 MLS Area Breakdown

January 31, 2010

The 2009 Austin real estate market saw most MLS Area sales stats decline somewhat. In fact, 2008 was a stronger year than 2009 on most metrics, though 2009 overall is not what anyone would term a “bad” year for Austin real estate, especially when compared to other U.S. real estate markets. Here is a summary [...]

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Austin Real Estate Market Update – December 2009

January 25, 2010

The Austin real estate market ended 2009 on an up note, with both average and median sold prices up more than 5% over Dec 2008. Oh, but wait … December 2008 was a dismal month because we all still thought the financial world was falling off a cliff. But the stats are what they are [...]

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Austin Real Estate Market Update – Nov 2009

January 5, 2010

Maybe I should start terming my Austin real estate market update blogs “Austin Real Estate Market, as Influenced by the Federal Government”. Indeed, the word “market” does need an asterisk next to it for the Sept-Nov time frame in Austin. Instead of taking its natural course, whatever that might have been, the lower end of [...]

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Austin Real Estate Market Update – Oct 2009 Stats

November 16, 2009

October saw a huge 31% increase in the number of sales in Austin over the same month last year. Remember though, Oct 2008 took a 28% dip from the year prior, so while this October did see a good increase in sales volume, due in part to the $8,000 tax credit program, we’re comparing a [...]

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Austin Real Estate Sale Stats by MLS Area – Sept 2009 YTD

November 1, 2009

Austin’s real estate market is a “market of markets”, and thus the overall news reported about real estate activity in the Austin Metro area may or may not be reflective of conditions in the specific area in which you live, or the home you own, or the home you want to buy. Each quarter I [...]

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Austin Real Estate Market Update for August 2009 Sales

September 17, 2009

Austin Real Estate values for August 2009 are down about 5% from the same month last year. Average sales prices for the 1,657 houses that sold are down 5.12%. Median sold prices are down 4.80%. The number of houses sold is down 15% from August 2008, which is less of a decrease than we’ve seen [...]

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Austin Real Estate Market Update – July 2009 Stats

August 26, 2009

It’s getting real hard to write about the Austin real estate market when month after month it just keeps doing what is expected, treading water overall, doing well under $200K, especially close in, and still soft in the $400K+ price ranges. That really sums it up, month after month. At the beginning of the year [...]

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