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South Austin Homes last 12 months of Sales

Combining what the Austin MLS considers South Austin, 10N and 10S are the codes that are used. Here are the current absorption rates for these areas.

The area known as 10S is also the hot selling area in South Austin, including but not limited to, Tanglewood Forest, Stablewood, Maple Run, Cherry Creek, Western Trails, and Sunset Valley, with the rate of sells here under 90days average we often see full price offers or multiple offers when a home is priced competitively on the market.

Area Sales Statistics for

10N

Absorption Rate

Last 12 Months of Sales
Total Number of Solds	273
Current Actives	109
Average Number of Solds Per Month	22.75
Months of Inventory	4.79

Based on MLS Sold Data from 2/1/2008 to 1/31/2009

Area Sales Statistics for

10S

Absorption Rate

Last 12 Months of Sales
Total Number of Solds	613
Current Actives	113
Average Number of Solds Per Month	51.08
Months of Inventory	2.21

Based on MLS Sold Data from 2/1/2008 to 1/31/2009

If you are looking to buy or SELL your home in Austin call me , I can help you.

Posted by South Austin Real Estate Blog, on 03/26/2009 05:53 PM

Comments (6)

Absorption Rate in the ActiveRain Channel

south austin, absorption rate, western trails, maple run, tanglewood forest

Originally posted at: South Austin Texas Real Estate blog: South Austin Homes last 12 months of Sales

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6 Comments on South Austin Homes last 12 months of Sales

MAR

Those numbers show a SELLER's market if you ask me. Anything under 5 months of inventory... Great info!

HI Donna.. Austin has been stalled a bit but yes, we do officially have a sellers market. Good for us... South Austin especially has continually been a good market.

Thanks for the stats. Austin was great, except for the hail yesterday. I had a blast and look forward to coming back soon.

MAR

Great stats for your area Gail. Have a great week!

MAR

Great post. I too work this area and have noticed the same thing. Multiple offers are the rule not the exception if they show well and a priced right. Good luck!