Special offer

Just over 6 Months of Inventory in Austin real estate market

By
Services for Real Estate Pros with Keller Williams Realty

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

 
     

Comments (4)

Pat, Ben and Martin Mullikin
M3 Realty - Brookfield, WI

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.

Mar 26, 2010 08:58 AM
Pat, Ben and Martin Mullikin
M3 Realty - Brookfield, WI

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.

Mar 26, 2010 08:58 AM
Russell Lewis
Realty Austin, Austin Texas Real Estate - Austin, TX
Broker,CLHMS,GRI

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

Mar 26, 2010 11:25 AM
Tom Thornton
Realty Austin - Austin, TX
Broker Associate, MBA, ABR, CRS, GREEN, GRI, SRES

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.

Mar 29, 2010 02:03 AM