Austin Home Sales Breakdown by MLS Area – Jan-Sep 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 square foot increased. By “down”, all 3 decrease. Mixed means there was at least 1 metric moving in a different direction from the other two.

Of the 18 Areas that are “up”, only 8 are up more than the 4.16% MLS-wide increase. This means that the average sold price increase of 4.16% was caused by only 8 individual MLS areas in Austin (areas 1N, 8W, BA, CC, EL, LN, N, and SWE). The rest of the MLS areas were either up less than 4.16% or were down.

It’s a pretty big chart covering the first three quarters of 2010. If you’re not sure where all the MLS areas are, and Austin MLS map is at the bottom, below the chart.

As usual, observations, comments and opinions are welcome.


Austin Real Estate Sales by MLS Area – YTD Sep 2010

Houses only. Condos (except DT) , Duplexes, etc not included









MLS Area Year # Sold Avg Sold Med Sold Avg SQFT Avg PSF Avg Days Med Days
All Areas 2010 13837 $255,634 $195,000 2,210 $115.67 69 43

2009 14002 $245,428 $192,000 2,184 $112.38 75 48

Change -1.18% 4.16% 1.56% 1.19% 2.93% -8.00% -10.42%









MLS Area YTD-Apr # Sold Avg Sold Med Sold Avg SQFT Avg PSF Avg Days Med Days
1A 2010 140 $489,003 $444,625 2,695 $181.45 64 31

2009 133 $476,968 $432,000 2,770 $172.19 80 47

Change 5.26% 2.52% 2.92% -2.71% 5.38% -20.00% -34.04%









MLS Area Year # Sold Avg Sold Med Sold Avg SQFT Avg PSF Avg Days Med Days
1B 2010 213 $717,469 $594,500 2,656 $270.13 77 44

2009 177 $620,504 $540,000 2,471 $251.11 107 79

Change 20.34% 15.63% 10.09% 7.49% 7.57% -28.04% -44.30%









MLS Area Year # Sold Avg Sold Med Sold Avg SQFT Avg PSF Avg Days Med Days
1N 2010 314 $311,509 $294,250 2,280 $136.63 57 35

2009 323 $298,164 $262,000 2,188 $136.27 50 32

Change -2.79% 4.48% 12.31% 4.20% 0.26% 14.00% 9.38%









MLS Area Year # Sold Avg Sold Med Sold Avg SQFT Avg PSF Avg Days Med Days
2 2010 226 $242,494 $235,400 1,421 $170.65 63 35

2009 244 $252,054 $249,000 1,403 $179.65 53 32

Change -7.38% -3.79% -5.46% 1.28% -5.01% 18.87% 9.38%









MLS Area Year # Sold Avg Sold Med Sold Avg SQFT Avg PSF Avg Days Med Days
2N 2010 162 $144,979 $139,950 1,480 $97.96 52 32

2009 195 $150,976 $144,500 1,549 $97.47 55 34

Change -16.92% -3.97% -3.15% -4.45% 0.50% -5.45% -5.88%









MLS Area Year # Sold Avg Sold Med Sold Avg SQFT Avg PSF Avg Days Med Days
3 2010 229 $220,910 $195,000 1,542 $143.26 54 33

2009 242 $223,603 $209,500 1,591 $140.54 83 55

Change -5.37% -1.20% -6.92% -3.08% 1.94% -34.94% -40.00%









MLS Area Year # Sold Avg Sold Med Sold Avg SQFT Avg PSF Avg Days Med Days
3E 2010 77 $114,390 $100,000 1,489 $76.82 67 44

2009 96 $144,807 $125,000 1,521 $95.21 87 49

Change -19.79% -21.01% -20.00% -2.10% -19.31% -22.99% -10.20%









MLS Area Year # Sold Avg Sold Med Sold Avg SQFT Avg PSF Avg Days Med Days
4 2010 180 $329,456 $306,000 1,506 $218.76 76 50

2009 187 $356,178 $325,000 1,559 $228.47 71 47

Change -3.74% -7.50% -5.85% -3.40% -4.25% 7.04% 6.38%









MLS Area Year # Sold Avg Sold Med Sold Avg SQFT Avg PSF Avg Days Med Days
5 2010 192 $177,313 $164,500 1,240 $142.99 75 51

2009 159 $179,345 $157,200 1,242 $144.40 68 51

Change 20.75% -1.13% 4.64% -0.16% -0.97% 10.29% 0.00%









MLS Area Year # Sold Avg Sold Med Sold Avg SQFT Avg PSF Avg Days Med Days
5E 2010 83 $105,732 $102,400 1,495 $70.72 51 32

2009 78 $105,785 $106,934 1,421 $74.44 54 43

Change 6.41% -0.05% -4.24% 5.21% -5.00% -5.56% -25.58%









MLS Area Year # Sold Avg Sold Med Sold Avg SQFT Avg PSF Avg Days Med Days
6 2010 169 $373,937 $332,000 1,640 $228.01 71 42

2009 131 $365,922 $320,000 1,576 $232.18 78 50

Change 29.01% 2.19% 3.75% 4.06% -1.80% -8.97% -16.00%









MLS Area Year # Sold Avg Sold Med Sold Avg SQFT Avg PSF Avg Days Med Days
7 2010 58 $429,618 $398,700 1,863 $230.61 65 27

2009 53 $429,826 $390,000 1,773 $242.43 76 51

Change 9.43% -0.05% 2.23% 5.08% -4.88% -14.47% -47.06%









MLS Area Year # Sold Avg Sold Med Sold Avg SQFT Avg PSF Avg Days Med Days
8E 2010 171 $800,970 $670,000 3,419 $234.27 79 47

2009 138 $828,166 $625,500 3,589 $230.75 91 53

Change 23.91% -3.28% 7.11% -4.74% 1.53% -13.19% -11.32%









MLS Area Year # Sold Avg Sold Med Sold Avg SQFT Avg PSF Avg Days Med Days
8W 2010 212 $650,513 $525,000 3,321 $195.88 76 48

2009 170 $620,271 $489,750 3,346 $185.38 85 53

Change 24.71% 4.88% 7.20% -0.75% 5.67% -10.59% -9.43%









MLS Area Year # Sold Avg Sold Med Sold Avg SQFT Avg PSF Avg Days Med Days
9 2010 45 $141,964 $137,500 1,496 $94.90 67 54

2009 39 $151,388 $144,300 1,455 $104.05 71 44

Change 15.38% -6.23% -4.71% 2.82% -8.80% -5.63% 22.73%









MLS Area Year # Sold Avg Sold Med Sold Avg SQFT Avg PSF Avg Days Med Days
10N 2010 210 $183,393 $169,900 1,423 $128.88 43 26

2009 197 $183,532 $172,000 1,403 $130.81 50 23

Change 6.60% -0.08% -1.22% 1.43% -1.48% -14.00% 13.04%









MLS Area Year # Sold Avg Sold Med Sold Avg SQFT Avg PSF Avg Days Med Days
10S 2010 401 $179,664 $170,000 1,614 $111.32 42 25

2009 465 $179,575 $175,000 1,663 $107.98 47 25

Change -13.76% 0.05% -2.86% -2.95% 3.09% -10.64% 0.00%









MLS Area Year # Sold Avg Sold Med Sold Avg SQFT Avg PSF Avg Days Med Days
11 2010 135 $111,478 $110,000 1,449 $76.93 50 33

2009 155 $110,065 $109,950 1,445 $76.17 55 44

Change -12.90% 1.28% 0.05% 0.28% 1.00% -9.09% -25.00%









MLS Area Year # Sold Avg Sold Med Sold Avg SQFT Avg PSF Avg Days Med Days
BA 2010 169 $159,863 $145,000 1,825 $87.60 68 50

2009 171 $149,279 $135,000 1,796 $83.12 69 43

Change -1.17% 7.09% 7.41% 1.61% 5.39% -1.45% 16.28%









MLS Area Year # Sold Avg Sold Med Sold Avg SQFT Avg PSF Avg Days Med Days
BL 2010 26 $205,417 $182,000 1,935 $106.16 136 98

2009 18 $205,083 $192,450 1,659 $123.62 134 89

Change 44.44% 0.16% -5.43% 16.64% -14.12% 1.49% 10.11%









MLS Area Year # Sold Avg Sold Med Sold Avg SQFT Avg PSF Avg Days Med Days
BU 2010 114 $212,035 $171,750 1,941 $109.24 117 71

2009 92 $203,844 $155,000 1,909 $106.78 118 79

Change 23.91% 4.02% 10.81% 1.68% 2.30% -0.85% -10.13%









MLS Area Year # Sold Avg Sold Med Sold Avg SQFT Avg PSF Avg Days Med Days
BW 2010 76 $178,639 $154,500 2,164 $82.55 89 43

2009 78 $202,815 $174,945 2,197 $92.31 81 57

Change -2.56% -11.92% -11.69% -1.50% -10.58% 9.88% -24.56%









MLS Area Year # Sold Avg Sold Med Sold Avg SQFT Avg PSF Avg Days Med Days
CC 2010 93 $115,471 $100,000 1,667 $69.27 101 56

2009 104 $107,683 $108,000 1,562 $68.94 107 94

Change -10.58% 7.23% -7.41% 6.72% 0.48% -5.61% -40.43%









MLS Area Year # Sold Avg Sold Med Sold Avg SQFT Avg PSF Avg Days Med Days
CLN 2010 728 $175,481 $150,000 2,091 $83.92 66 43

2009 710 $184,278 $155,995 2,118 $87.01 67 41

Change 2.54% -4.77% -3.84% -1.27% -3.54% -1.49% 4.88%









MLS Area Year # Sold Avg Sold Med Sold Avg SQFT Avg PSF Avg Days Med Days
CLS 2010 673 $237,809 $215,000 2,475 $96.08 64 43

2009 750 $239,544 $216,313 2,436 $98.33 70 49

Change -10.27% -0.72% -0.61% 1.60% -2.29% -8.57% -12.24%









MLS Area Year # Sold Avg Sold Med Sold Avg SQFT Avg PSF Avg Days Med Days
DT 2010 133 $331,092 $278,500 1,085 $305.15 98 65
(condos) 2009 93 $320,733 $265,000 1,082 $296.43 75 61

Change 43.01% 3.23% 5.09% 0.28% 2.94% 30.67% 6.56%









MLS Area Year # Sold Avg Sold Med Sold Avg SQFT Avg PSF Avg Days Med Days
EL 2010 140 $133,793 $108,000 1,876 $71.32 78 55

2009 147 $115,700 $97,850 1,842 $62.81 58 41

Change -4.76% 15.64% 10.37% 1.85% 13.54% 34.48% 34.15%









MLS Area Year # Sold Avg Sold Med Sold Avg SQFT Avg PSF Avg Days Med Days
GTE 2010 181 $161,329 $141,000 1,824 $88.45 79 51

2009 169 $160,988 $146,000 1,900 $84.73 73 51

Change 7.10% 0.21% -3.42% -4.00% 4.39% 8.22% 0.00%









MLS Area Year # Sold Avg Sold Med Sold Avg SQFT Avg PSF Avg Days Med Days
GTW 2010 555 $240,942 $209,900 2,224 $108.34 87 60

2009 537 $249,976 $215,000 2,329 $107.33 111 87

Change 3.35% -3.61% -2.37% -4.51% 0.94% -21.62% -31.03%









MLS Area Year # Sold Avg Sold Med Sold Avg SQFT Avg PSF Avg Days Med Days
HD 2010 235 $329,902 $315,500 2,836 $116.33 83 55

2009 269 $334,685 $309,600 2,908 $115.09 110 77

Change -12.64% -1.43% 1.91% -2.48% 1.07% -24.55% -28.57%









MLS Area Year # Sold Avg Sold Med Sold Avg SQFT Avg PSF Avg Days Med Days
HH 2010 662 $167,825 $150,000 2,029 $82.71 60 38

2009 624 $166,822 $149,900 2,029 $82.22 71 45

Change 6.09% 0.60% 0.07% 0.00% 0.60% -15.49% -15.56%









MLS Area Year # Sold Avg Sold Med Sold Avg SQFT Avg PSF Avg Days Med Days
HU 2010 328 $139,509 $129,995 1,977 $70.57 61 42

2009 345 $149,872 $136,103 1,986 $75.46 67 48

Change -4.93% -6.91% -4.49% -0.45% -6.49% -8.96% -12.50%









MLS Area Year # Sold Avg Sold Med Sold Avg SQFT Avg PSF Avg Days Med Days
LN 2010 165 $357,424 $250,000 2,422 $147.57 120 81

2009 130 $267,697 $195,000 2,090 $128.08 119 80

Change 26.92% 33.52% 28.21% 15.89% 15.22% 0.84% 1.25%









MLS Area Year # Sold Avg Sold Med Sold Avg SQFT Avg PSF Avg Days Med Days
LS 2010 581 $433,238 $355,130 2,984 $145.19 98 61

2009 522 $426,413 $348,200 2,947 $144.69 115 81

Change 11.30% 1.60% 1.99% 1.26% 0.34% -14.78% -24.69%









MLS Area Year # Sold Avg Sold Med Sold Avg SQFT Avg PSF Avg Days Med Days
MA 2010 180 $116,996 $103,000 1,801 $64.96 51 32

2009 174 $116,910 $103,251 1,662 $70.34 67 36

Change 3.45% 0.07% -0.24% 8.36% -7.65% -23.88% -11.11%









MLS Area Year # Sold Avg Sold Med Sold Avg SQFT Avg PSF Avg Days Med Days
N 2010 221 $196,667 $196,000 1,938 $101.48 40 27

2009 260 $186,044 $183,000 1,935 $96.15 39 24

Change -15.00% 5.71% 7.10% 0.16% 5.55% 2.56% 12.50%









MLS Area Year # Sold Avg Sold Med Sold Avg SQFT Avg PSF Avg Days Med Days
NE 2010 212 $154,221 $154,888 1,884 $81.86 57 37

2009 235 $150,056 $150,215 1,824 $82.27 59 41

Change -9.79% 2.78% 3.11% 3.29% -0.50% -3.39% -9.76%









MLS Area Year # Sold Avg Sold Med Sold Avg SQFT Avg PSF Avg Days Med Days
NW 2010 425 $255,535 $225,000 2,316 $110.33 57 34

2009 481 $245,934 $214,000 2,241 $109.74 51 28

Change -11.64% 3.90% 5.14% 3.35% 0.54% 11.76% 21.43%









MLS Area Year # Sold Avg Sold Med Sold Avg SQFT Avg PSF Avg Days Med Days
PF 2010 808 $162,522 $155,000 2,133 $76.19 64 44

2009 861 $165,382 $156,000 2,120 $78.01 63 39

Change -6.16% -1.73% -0.64% 0.61% -2.33% 1.59% 12.82%









MLS Area Year # Sold Avg Sold Med Sold Avg SQFT Avg PSF Avg Days Med Days
RN 2010 330 $490,623 $410,000 3,445 $142.42 78 52

2009 313 $483,329 $397,500 3,488 $138.57 101 78

Change 5.43% 1.51% 3.14% -1.23% 2.78% -22.77% -33.33%









MLS Area Year # Sold Avg Sold Med Sold Avg SQFT Avg PSF Avg Days Med Days
RRE 2010 799 $189,288 $169,407 2,319 $81.62 68 46

2009 824 $188,496 $165,000 2,307 $81.71 80 51

Change -3.03% 0.42% 2.67% 0.52% -0.10% -15.00% -9.80%









MLS Area Year # Sold Avg Sold Med Sold Avg SQFT Avg PSF Avg Days Med Days
RRW 2010 800 $251,529 $239,785 2,635 $95.46 59 40

2009 819 $232,347 $221,500 2,556 $90.90 76 54

Change -2.32% 8.26% 8.26% 3.09% 5.01% -22.37% -25.93%









MLS Area Year # Sold Avg Sold Med Sold Avg SQFT Avg PSF Avg Days Med Days
SC 2010 113 $174,446 $150,000 2,105 $82.87 71 40

2009 119 $176,087 $149,000 2,048 $85.98 63 38

Change -5.04% -0.93% 0.67% 2.78% -3.61% 12.70% 5.26%









MLS Area Year # Sold Avg Sold Med Sold Avg SQFT Avg PSF Avg Days Med Days
SE 2010 89 $104,062 $103,850 1,823 $57.08 52 24

2009 97 $111,731 $108,500 1,796 $62.21 56 38

Change -8.25% -6.86% -4.29% 1.50% -8.24% -7.14% -36.84%









MLS Area Year # Sold Avg Sold Med Sold Avg SQFT Avg PSF Avg Days Med Days
SWE 2010 436 $240,321 $224,995 2,223 $108.11 58 41

2009 482 $227,778 $209,950 2,185 $104.25 66 42

Change -9.54% 5.51% 7.17% 1.74% 3.70% -12.12% -2.38%









MLS Area Year # Sold Avg Sold Med Sold Avg SQFT Avg PSF Avg Days Med Days
SWW 2010 418 $295,426 $284,750 2,548 $115.94 47 27

2009 438 $292,983 $275,000 2,549 $114.94 62 37

Change -4.57% 0.83% 3.55% -0.04% 0.87% -24.19% -27.03%









MLS Area Year # Sold Avg Sold Med Sold Avg SQFT Avg PSF Avg Days Med Days
UT 2010 21 $465,924 $410,000 2,079 $224.11 73 52

2009 26 $459,141 $427,500 1,936 $237.16 91 76

Change -19.23% 1.48% -4.09% 7.39% -5.50% -19.78% -31.58%









MLS Area Year # Sold Avg Sold Med Sold Avg SQFT Avg PSF Avg Days Med Days
W 2010 211 $465,924 $410,000 2,079 $224.11 73 52

2009 209 $481,490 $335,000 2,963 $162.50 83 50

Change 0.96% -3.23% 22.39% -29.83% 37.91% -12.05% 4.00%

Below is an Austin MLS Map.

Austin MLS Area Map

4 thoughts on “Austin Home Sales Breakdown by MLS Area – Jan-Sep 2010”

  1. Yep, I caught that. All fixed now. For some reason, when I export from Google Spreadshet to Open Office spreadsheet, the percentages get messed up. Didn’t use to be that way. I use OpenOffice Spreadsheet because neither Excel nor Google spreadsheets copy/paste into a WordPress post with messing up the table layout.
    Steve

    Reply
  2. Good afternoon, Steve. I immensely enjoy your blog and have an inquiry. MLS area ‘W’ shows a huge drop in avg. SQFT and yet a huge spike in avg. PSF. Is there a specific development that is accounting for most of these sales? This looks like a housing market bubble to me. What is your assessment, Mr. Steve?

    Thank you most graciously, Johannus.

    Reply
  3. Hi Johannus,

    Yes, Area W is skewed a lot by Barton Creek. Some of the solds include fractional ownership properties that show up in the MLS as a $45K sale, for example, at $17 per square foot. In 2009 there were a lot more sales of big homes, 16 of them over $1M, 2 of which were 10,000+ sqft, and in 2010 there were only 7 sales of $1M or more and only one of those over 5800 sqft.

    This sort of thing, combined with small sample size, can cause big swings. I’ve thought about trying to normalize the data by excluding certain “outlier” instances of data, but each time I try to figure out where I’d draw the lins it becomes too complicated, and I also fear that it would cause me to start “steering” the data toward what I think should be “normal” instead of just reporting what it is, as it is, and trying to explain anomalies when they show up.

    Hope that helps.

    Steve

    Reply

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