Third Quarter Metro Area Home Prices Hold During Post-Tax-Credit Sales Decline
Austin's median home sales price is up 3% from 2009, total dollar volume is up 3% and days on the market is down 8%. It's good to see the rest of the nation is showing positive signs of recovery with increasing home prices.
In the third quarter, 77 out of 155 metropolitan statistical areas (MSAs) had higher median existing single-family home prices in comparison with the third quarter of 2009, including 11 with double-digit increases; two were unchanged and 76 metros showed price declines. In the third quarter of 2009 only 30 MSAs experienced annual price gains.
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Kristee Leonard, Broker, Owner, GRI, SFR, BA
The Leaders Realty, LLC
512-695-5144 Cell
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