austin real estate stats

Austin Real Estate Market Snapshop March 2012

April 12, 2012

This isn’t a full-blown market update, but I wanted to post a few graphs real quick to show current market activity and movement. Let’s start with the graph below showing Average and Median Sold values for homes in Austin for the past 49 months. So, what looked like a pretty bleak December/January (lowest of lows [...]

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Austin Real Estate Market Suddenly Very Hot Spring 2012

March 16, 2012

Almost overnight, with little warning, the Austin real estate market has caught fire. We are encountering multiple offers and buyer frustration. Not everywhere, but in the popular neighborhoods. Let’s look at some Active/Pending stats for popular neighborhoods. Circle C 27 Active Listings. Average Days on Market = 35 31 Pendings.  Average Days on Market = [...]

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Austin Real Estate Market Update – Dec 2011 End of Year Stats

January 18, 2012

The Austin real estate market did about what we expected in 2011, which wasn’t much. Basically treading water with some slight improvements, but nothing that represents a notable shift in market activity. Instead, it looks like momentum is building for a breakout year of increased activity and rising prices either in 2012 or 2013. Let’s [...]

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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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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 [...]

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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 [...]

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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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The Government Has Made Me Stupid About Real Estate

April 22, 2010

As we head into the final weekend preceding the final work week of April, and the $8,000 1st time homebuyer tax credit winds down (thank God), I’m seeing a surge of new Austin real estate listings coming on the market each day as well as a huge increase in the number of showings for most [...]

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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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