The Leaders Realty Blog

Downtown Austin, Texas Condo Sales for May 2011 and 2010: 5/1/2011-5/31/2011: Average DOM: 60 Average Sold $/SqFt: $327.35 Average Sold Price: $349,329 Minimum DOM: 2 Minimum Sold $/SqFt: $164.47 Minimum Sold Price: $100,000 Maximum DOM: 319 Maximum Sold $/SqFt: $480.58 Maximum Sold Price: $1,200...

5,113 homes leased in Austin, Texas within the past 12 months (5/25/10 to 5/25/11). Thereare currently 372 homes active for lease. Therefore, the absorptionrate is 426 homes per month and with a current inventory of 372 homeswe have a housing shortage in the Austin rental market.  These stats wer...