Just over 6 Months of Inventory in Austin real estate market

Just over 6 Months of Inventory in Austin real estate market

Here is a perspective to help your Austin Home Search for the Austin Housing Market:

TEXAS' EXISTING HOME SALES DOWN, PRICES UP IN FEBRUARY TEXAS (Real Estate Center, Reuters, CNNMoney.com) – A total of 13,064 existing single-family homes were sold in Texas last month, a 2 percent drop from February 2009, according to MLS data compiled by the Real Estate Center at Texas A&M University. The median price was up 2 percent to $141,100 during the same period, and the state finished the month with a 6.9-month inventory of existing homes. Here is how select Texas cities fared in February (data current as of March 25, 2010):
  Sales Change from Last Year Median Price Change from Last Year Months' Inventory
Austin 1,276 up 7% $182,000 down 3% 6.2

Today's Newest Austin Single Family Homes

Balcones and Spicewood Estates Neighborhood

Great Hills Neighborhood, Austin, TX

Today's Newest Austin Condos

First Time Home Buyer $8000 Tax Credit

Mortgage Rates and Austin, TX

-- Ryan Kucera ryan@AustinRealEstateEye.com www.AustinRealEstateEye.com 512-589-7308

 
     

4 commentsRyan Kucera • March 26 2010 03:53PM

Comments

Hi Ryan,

Looks like your market is moving pretty well! Sales are down a little here in Milwaukee, Wisconsin too, but we are just starting our Spring weather, and hoping for the best.

Posted by Pat, Ben and Martin Mullikin (Mullikin Family Realty Group Realty Executives - Integrity) about 2 years ago

Hi Ryan,

Looks like your market is moving pretty well! Sales are down a little here in Milwaukee, Wisconsin too, but we are just starting our Spring weather, and hoping for the best.

Posted by Pat, Ben and Martin Mullikin (Mullikin Family Realty Group Realty Executives - Integrity) about 2 years ago

Hi Ryan, nice to see you posting here at Active Rain, have a good weekend!

Posted by Russell Lewis, Broker,CLHMS,GRI (Realty Austin, Austin Texas Real Estate) about 2 years ago

The general public is still really surprised about how busy the market is. After a lot of fence-sitting over the past year, buyers are definitely coming out of the woodwork with the low interest rates and the tax credits.

Posted by Tom Thornton, Broker Associate, ABR,CRS,GRI (Realty Austin) about 2 years ago

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