Real Estate Blog - June is Already Hot Hot HOT in Austin, TX!!

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June is Already Hot Hot HOT in Austin, TX!!

Not only has the temperature been in the mid-90's for the past few days which makes it hot, but real estate is hot hot HOT!

We're only 2 days into June and the current activity will tell you everything.

In the past two days, there have been 193 new listings listed, 3 of which have already gone under contract! Is 3 a large number? No, it's not. It's pretty sad compared to some 2004 and 2005 numbers. However, in a market when people keep hearing that the market is bad, 3 listings going under contract immediately shows you that the market is still there and it's very much active.

In addition, there have been 123 properties that have gone contract Pending with 10 more properties that just went under the Option Period for Inspections.

And just today, the MLS data is showing 96 properties doing a price adjustment and it's only 2:34pm!! The day isn't over yet, and who knows how many other sellers want to get into the Pending list and do a price adjustment on their over priced property...

Overall, Austin, TX is holding its own and moving right along!

Can you say the same for your market?

**Are You Packed Yet?**

Donna Harris, REALTOR®
RE/MAX Austin Skyline
www.DonnaHomes.com
Donna@DonnaHomes.com

Austin, TX and the surrounding areas of Lakeway, Bee Cave, Westlake Hills, Cedar Park, Round Rock, Spicewood, Circle-C, Steiner Ranch, and everywhere in between... Whether you're buying or selling, I'll be with you through the entire process.

Posted by Donna Harris, REALTOR® & ASP - Hill Country Austin Lakeway Homes on 06/02/2009 02:39 PM

Comments (12)

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Originally posted at: Austin TX Real Estate - Hill Country Austin Lakeway Homes for Sale: June is Already Hot Hot HOT in Austin, TX!!

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12 Comments on June is Already Hot Hot HOT in Austin, TX!!

JUN

Wow Donna ~ That is a lot of activity in just two days! Sounds like you are going to have a very busy month! Good luck with your Hot Hot Hot Texas real estate market.

That's so nice to hear, Donna. I've heard that numbers are positive in other markets as well (Florida, Southern California and Arizona, just to name a few). Let's hope this news hits the airwaves with as much tenacity as the negative ones did. Maybe then people will be more likely to venture into buying real estate again.

JUN

Hi Donna... Temperatures have still been realtively mild here in Big D, but the real estate market is definitely on fire! Glad to hear it's the same in Austin!

Donna,

Thanks for this information. I am hoping this is a trend for the entire country.

I know the number of enrollments is up at the real estate school. A recent agency class had over 30 students. Have not seen a class that size in some time.